us-nm/stat
NMSA 1978, § 7-1-6.44 — Distribution; gasoline tax sharing agreement
A.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made by the
department to each qualified tribe in an amount equal to forty percent of the net receipts
attributable to the gasoline tax paid to the department on two million five hundred
thousand gallons of gasoline each month. The distribution to each qualified tribe shall
be made pursuant to a gasoline tax sharing agreement entered into by the department
of transportation and the qualified tribe according to the provisions of Section 67-3-8.1
NMSA 1978.
B.
From the balance remaining each month from the gasoline tax revenue on two
million five hundred thousand gallons of gasoline per qualified tribe after distributions
made pursuant to Subsection A of this section, a distribution of thirty-three thousand
three hundred thirty-three dollars ($33,333) shall be made to the general fund.
C.
The balance remaining after the distributions from gasoline tax revenue from two
million five hundred thousand gallons of gasoline per qualified tribe pursuant to
Subsections A and B of this section shall be distributed pursuant to Section 7-1-6.10
NMSA 1978.
D.
As used in this section, "qualified tribe" means the Pueblo of Nambe or the
Pueblo of Santo Domingo, as long as it owns one hundred percent of a registered
Indian tribal distributor pursuant to the Gasoline Tax Act [Chapter 7, Article 13 NMSA
1978], that qualifies for a deduction pursuant to Subsection F of Section 7-13-4 NMSA
1978 and has entered into a gasoline tax sharing agreement pursuant to Section 67-3-
8.1 NMSA 1978.
Source: official text