NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-16B-2
Purpose
Official textnmonesource.comlast amended
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.
Amendment history
Laws 1995, ch. 16, § 2.
Source: official source (NMSA chapter on nmonesource.com)
In this article (10 sections)
- 7-16B-1 · Short title
- 7-16B-2 · Purpose
- 7-16B-3 · Definitions
- 7-16B-4 · 7-16B-4
- 7-16B-5 · Exemptions; alternative fuel excise tax
- 7-16B-6 · Tax returns; payment of tax; alternative fuel distributors
- 7-16B-7 · Tax returns; payment of tax; alternative fuel user permit
- 7-16B-8 · Alternative fuel distributor license required
- 7-16B-9 · Delivery and use of alternative fuel; prohibited acts
- 7-16B-10 · Administration and enforcement of act