New Mexico Statutes
§ 7-14A-10 — Distribution of proceeds
New Mexico § 7-14A-10
This text of New Mexico § 7-14A-10 (Distribution of proceeds) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 7-14A-10 (2026).
Text
At the end of each month, the net receipts attributable to the leased vehicle gross receipts tax and any associated penalties and interest shall be distributed as follows: A. one-fourth to the local governments road fund; and B. three-fourths to the highway infrastructure fund.
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Legislative History
Laws 1991, ch. 197, § 14; 1999 (1st S.S.), ch. 9, § 1.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-14A-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-14A-10.