NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-2C-12
Administrative costs; charges appropriated to department
Official textnmonesource.comlast amended
# A.
The department shall charge claimant agencies an administrative fee of three percent of the debts for the claimant agencies pursuant to the Tax Refund Intercept Program Act.
# B.
Money from the administrative fee authorized pursuant to Subsection A of this section is appropriated to the department for use in administering the Tax Refund Intercept Program Act.
Amendment history
Laws 1985, ch. 106, § 12; 1994, ch. 56, § 8; 1997, ch. 125, § 5; 2025, ch. 130, § 61.
Source: official source (NMSA chapter on nmonesource.com)
In this article (14 sections)
- 7-2C-1 · Short title
- 7-2C-2 · Purpose
- 7-2C-3 · Definitions
- 7-2C-4 · Remedy additional
- 7-2C-5 · Department to aid in collection of debts through setoff
- 7-2C-6 · Procedures for setoff; notifications to debtor
- 7-2C-7 · Suspense account
- 7-2C-8 · Interest becomes obligation of claimant agency
- 7-2C-9 · 7-2C-9
- 7-2C-10 · Final determination and notice of setoff
- 7-2C-11 · Priority of claims
- 7-2C-12 · Administrative costs; charges appropriated to department
- 7-2C-13 · Confidentiality; exemption
- 7-2C-14 · Repealed