NMSA 1978, § 7-1-6.22 — 7-1-6.22

Distributions to oil and gas production tax fund, oil and
gas equipment tax fund and copper production tax fund; creation
of funds.

# A.

A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the "oil
and gas production tax fund", hereby created in the state treasury, of the net receipts
including advance payments, attributable to the Oil and Gas Ad Valorem Production Tax
Act [Chapter 7, Article 32 NMSA 1978].

# B.

A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the "oil
and gas equipment tax fund", hereby created in the state treasury, of the net receipts
attributable to the Oil and Gas Production Equipment Ad Valorem Tax Act [Chapter 7,
Article 34 NMSA 1978].

# C.

A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the
"copper production tax fund", hereby created in the state treasury, of the net receipts
attributable to the Copper Production Ad Valorem Tax Act [Chapter 7, Article 39 NMSA
1978].