New Mexico § 7-16A-3 Imposition and rate of tax; denomination as special fuel

New Mexico Statutes

§ 7-16A-3 — Imposition and rate of tax; denomination as special fuel

New Mexico § 7-16A-3

Ch. 7Taxation

Art. 16ASpecial Fuels Supplier Tax

This text of New Mexico § 7-16A-3 (Imposition and rate of tax; denomination as special fuel) 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. § 7-16A-3 (2026).

Text

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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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".