NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-27-8
Transfer of money to severance tax permanent fund
Official textnmonesource.comlast amended
On each December 31 and each June 30 the state treasurer shall transfer to the severance tax permanent fund all money in the severance tax bonding fund except the amount necessary to meet all principal and interest payments on bonds payable from the severance tax bonding fund on the next two ensuing semiannual payment dates.
Amendment history
1953 Comp., § 72-18-33, enacted by Laws 1961, ch. 5, § 6; 1973, ch. 294, § 3.
Source: official source (NMSA chapter on nmonesource.com)
In this article (40 sections)
- 7-27-5.10 · Repealed
- 7-27-5.11 · Repealed
- 7-27-5.12 · Repealed
- 7-27-5.13 · 7-27-5.13
- 7-27-5.14 · Findings and purpose
- 7-27-5.15 · 7-27-5.15
- 7-27-5.16 · Repealed
- 7-27-5.17 · Employers mutual company revenue bonds
- 7-27-5.18 · Purpose
- 7-27-5.19 · Deposits in New Mexico financial institutions; limitations
- 7-27-5.20 · Deposits in New Mexico credit unions
- 7-27-5.21 · New Mexico lottery revenue bonds
- 7-27-5.22 · 7-27-5.22
- 7-27-5.23 · Repealed
- 7-27-5.24 · 7-27-5.24
- 7-27-5.25 · Repealed
- 7-27-5.26 · Investment in films to be produced in New Mexico
- 7-27-5.27 · Local government emergency economic relief
- 7-27-6 · Severance tax bonding fund pledged
- 7-27-7 · Special income to retire bonds
- 7-27-8 · Transfer of money to severance tax permanent fund
- 7-27-9 · 7-27-9
- 7-27-10 · State board of finance shall issue bonds
- 7-27-10.1 · 7-27-10.1
- 7-27-10.2 · 7-27-10.2
- 7-27-11 · Authority to refund bonds
- 7-27-11.1 · Repealed
- 7-27-12 · When severance tax bonds to be issued
- 7-27-12.1 · 7-27-12.1
- 7-27-12.2 · 7-27-12.2
- 7-27-12.3 · 7-27-12.3
- 7-27-12.4 · 7-27-12.4
- 7-27-12.5 · 7-27-12.5
- 7-27-12.6 · 7-27-12.6
- 7-27-12.7 · 7-27-12.7
- 7-27-13 · Reserved
- 7-27-14 · Amount of tax; security for bonds
- 7-27-15 · Majority approval necessary for board action
- 7-27-16 · Form of bonds
- 7-27-17 · Execution of bonds