New Mexico Statutes
§ 7-16B-2 — Purpose
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
New Mexico § 7-16B-2 (Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1995, ch. 16, § 2.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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