NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-16B-5
Exemptions; alternative fuel excise tax
# A.
Alternative fuel distributed to or used by the United States or any agency or instrumentality thereof for the exclusive use of the United States or any agency or instrumentality thereof is exempt from the imposition of the alternative fuel excise tax.
# B.
Alternative fuel distributed to or used by the state of New Mexico or any political subdivision, agency or instrumentality thereof for the exclusive use of the state of New Mexico or any political subdivision, agency or instrumentality thereof is exempt from the imposition of the alternative fuel excise tax.
# C.
Alternative fuel distributed to or used by an Indian nation, tribe or pueblo or any agency or instrumentality thereof for the exclusive use of the Indian nation, tribe or pueblo or any agency or instrumentality thereof is exempt from the imposition of the alternative fuel excise tax.
Amendment history
Laws 1995, ch. 16, § 5.
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