New Mexico Statutes
§ 7-14A-10 — Distribution of proceeds
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.
Free access — add to your briefcase to read the full text and ask questions with AI
New Mexico § 7-14A-10 (Distribution of proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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; reversals