New Mexico Statutes
§ 7-16A-3 — Imposition and rate of tax; denomination as special fuel
excise tax.
A.For the privilege of receiving or using special fuel in this state, there is imposed an excise tax at a rate provided in Subsection B of this section on each gallon of special fuel received in New Mexico.
B.The tax imposed by Subsection A of this section shall be twenty-one cents ($.21) per gallon of special fuel received or used in New Mexico.
C.The tax imposed by this section may be called the "special fuel excise tax".
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New Mexico § 7-16A-3 (Imposition and rate of tax; denomination as special fuel) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1992, ch. 51, § 3; 1993, ch. 357, § 10; 2003 (1st S.S.), ch. 3, § 9.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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