New Mexico Statutes

§ 7-16B-2 — Purpose

New Mexico § 7-16B-2
JurisdictionNew Mexico
Ch. 7Taxation
Art. 16BAlternative Fuel Tax

This text of New Mexico § 7-16B-2 (Purpose) 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. § 7-16B-2 (2026).

Text

To encourage the use of alternative fuel for the propulsion of motor vehicles on the roads of New Mexico, thereby increasing the market for supplies of New Mexico natural gas and reducing harmful environmental emissions, it is the purpose of the Alternative Fuel Tax Act to provide for fair taxation of alternative fuel used for such purposes.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Laws 1995, ch. 16, § 2.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 7-16B-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-16B-2.