Chapter 7 - Taxation.
- Article 1 - Administration, 7-1-1 through 7-1-82.
- Section 7-1-1 - Short title.
- Section 7-1-10 - Records required by statute; taxpayer records; accounting methods; reporting methods; information returns.
- Section 7-1-11 - Inspection of books of taxpayers; credentials.
- Section 7-1-11.1 - Managed audits.
- Section 7-1-11.2 - Required audit notices.
- Section 7-1-12 - Identification of taxpayers.
- Section 7-1-12.1 - Department to designate production unit; index; identification by number or symbol.
- Section 7-1-12.2 - Notice of identification number assigned; operator may request identification number.
- Section 7-1-13 - Taxpayer returns; payment of taxes; extension of time.
- Section 7-1-13.1 - Method of payment of certain taxes due.
- Section 7-1-13.2 - Repealed.
- Section 7-1-13.3 - Repealed.
- Section 7-1-13.4 - Electronic payments; reversals.
- Section 7-1-14 - Secretary may determine where certain gross receipts are to be reported; place of business for construction projects and certain real property sales.
- Section 7-1-15 - Secretary may set tax reporting and payment intervals.
- Section 7-1-15.1 - Secretary may permit or require rounding.
- Section 7-1-15.2 - Agreements; collection of compensating tax.
- Section 7-1-16 - Delinquent taxpayer.
- Section 7-1-17 - Assessment of tax; presumption of correctness.
- Section 7-1-17.1 - Tax liability; spouse or former spouse.
- Section 7-1-18 - Limitation on assessment by department.
- Section 7-1-19 - Limitation of actions.
- Section 7-1-2 - Applicability.
- Section 7-1-2.1, 7-1-2.2 - Repealed.
- Section 7-1-20 - Compromise of taxes; closing agreements.
- Section 7-1-21 - Installment payments of taxes; installment agreements.
- Section 7-1-22 - Exhaustion of administrative remedies.
- Section 7-1-23 - Election of remedies.
- Section 7-1-24 - Administrative hearing; procedure.
- Section 7-1-25 - Appeals from secretary's decision and order.
- Section 7-1-26 - Claim for refund.
- Section 7-1-26.1 - Repealed.
- Section 7-1-27 - Conclusiveness of court order on liability for payment of tax.
- Section 7-1-28 - Authority for abatements of assessments of tax.
- Section 7-1-29 - Authority to make refunds or credits.
- Section 7-1-29.1 - Awarding of costs and fees.
- Section 7-1-29.2 - Credit claims.
- Section 7-1-3 - Definitions.
- Section 7-1-30 - Collection of penalties and interest.
- Section 7-1-31 - Seizure of property by levy for collection of taxes.
- Section 7-1-32 - Contents of warrant of levy.
- Section 7-1-33 - Successive seizures.
- Section 7-1-34 - Surrender of property subject to levy; penalty.
- Section 7-1-35 - Stay of levy.
- Section 7-1-36 - Property exempt from levy.
- Section 7-1-37 - Assessment as lien.
- Section 7-1-38 - Notice of lien.
- Section 7-1-39 - Release or extinguishment of lien; limitation on actions to enforce lien.
- Section 7-1-4 - Investigative authority and powers.
- Section 7-1-4.1 - New Mexico taxpayer bill of rights created; purpose.
- Section 7-1-4.2 - New Mexico taxpayer bill of rights.
- Section 7-1-4.3 - New Mexico taxpayer bill of rights; notice to the public.
- Section 7-1-4.4 - Notice of potential eligibility required.
- Section 7-1-40 - Foreclosure of lien.
- Section 7-1-41 - Notice of seizure.
- Section 7-1-42 - Notice of sale.
- Section 7-1-43 - Sale of indivisible property.
- Section 7-1-44 - Requirements of sale.
- Section 7-1-45 - Manner of sale or conversion to money.
- Section 7-1-46 - Minimum prices.
- Section 7-1-47 - Redemption before sale.
- Section 7-1-48 - Documents of title.
- Section 7-1-49 - Legal effect of certificate of sale.
- Section 7-1-5 - Repealed.
- Section 7-1-50 - Legal effect of deed to real property.
- Section 7-1-51 - Proceeds of levy and sale.
- Section 7-1-52 - Release of levy.
- Section 7-1-53 - Enjoining delinquent taxpayer from continuing in business.
- Section 7-1-54 - Security for payment of tax.
- Section 7-1-55 - Contractor's bond for gross receipts; tax; penalty.
- Section 7-1-56 - Sale of or proceedings against security.
- Section 7-1-57 - Surety bonds.
- Section 7-1-58 - Permanence of tax debt; civil actions to collect tax.
- Section 7-1-59 - Jeopardy assessments.
- Section 7-1-6 - Receipts; disbursements; funds created.
- Section 7-1-6.1 - Identification of money in tax administration suspense fund; distribution.
- Section 7-1-6.10 - Distributions; state road fund.
- Section 7-1-6.11 - Distributions of cigarette taxes.
- Section 7-1-6.12 - Transfer; revenues from municipal local option gross receipts taxes.
- Section 7-1-6.13 - Transfer; revenues from county local option gross receipts taxes.
- Section 7-1-6.14 - Repealed.
- Section 7-1-6.15 - Adjustments of distributions or transfers to municipalities or counties.
- Section 7-1-6.16 - County equalization distribution.
- Section 7-1-6.17 - Repealed.
- Section 7-1-6.18 - Distribution; veterans' national cemetery fund. (Delayed repeal - See note.)
- Section 7-1-6.19 - Distribution; county government road fund created.
- Section 7-1-6.2 - Distribution; small cities assistance fund.
- Section 7-1-6.20 - Identification of money in extraction taxes suspense fund; distribution.
- Section 7-1-6.21 - Distribution to oil and gas reclamation fund.
- Section 7-1-6.22 - Distributions to oil and gas production tax fund, oil and gas equipment tax fund and copper production tax fund; creation of funds.
- Section 7-1-6.23 - Distribution to severance tax bonding fund.
- Section 7-1-6.24 - Distribution; substance abuse education fund.
- Section 7-1-6.25 - Distribution of petroleum products loading fee; corrective action fund; local governments road fund.
- Section 7-1-6.26 - County government road fund; distribution.
- Section 7-1-6.27 - Distribution; municipal roads.
- Section 7-1-6.28 - Distribution; municipal arterial program of local governments road fund.
- Section 7-1-6.29 - Money in workers' compensation collections suspense fund; distribution.
- Section 7-1-6.3 - Repealed.
- Section 7-1-6.30 - Distribution; retiree health care fund.
- Section 7-1-6.31 - Distributions; enhanced 911 fund; network and database surcharge fund.
- Section 7-1-6.32 - Distribution; solid waste assessment fee.
- Section 7-1-6.33 - Distribution to county-supported medicaid fund.
- Section 7-1-6.34 - Distribution; conservation planting revolving fund.
- Section 7-1-6.35 - Distribution; contributions to state political party.
- Section 7-1-6.36 - Distribution; interstate telecommunications gross receipts tax.
- Section 7-1-6.37 - Repealed.
- Section 7-1-6.38 - Distribution; governmental gross receipts tax.
- Section 7-1-6.39 - Distribution of special fuel excise tax to local governments road fund.
- Section 7-1-6.4 - Distribution; municipality from gross receipts tax.
- Section 7-1-6.40 - Distribution; local DWI grant fund; municipalities.
- Section 7-1-6.41 - Administrative fee imposed; appropriation.
- Section 7-1-6.42 - Distribution; state building bonding fund; gross receipts tax.
- Section 7-1-6.43 - Distribution to legislative retirement fund.
- Section 7-1-6.44 - Distribution; gasoline tax sharing agreement.
- Section 7-1-6.45 - Repealed.
- Section 7-1-6.46 - Distribution to municipalities; offset for food deduction and health care practitioner services deduction.
- Section 7-1-6.47 - Distribution to counties; offset for food deduction and health care practitioner services deduction.
- Section 7-1-6.48 - Distribution; contributions to department of health; amyotrophic lateral sclerosis research.
- Section 7-1-6.49 - Distribution; contributions to the state parks division.
- Section 7-1-6.5 - Distribution; small counties assistance fund.
- Section 7-1-6.50 - Distribution; contributions for national guard member and family assistance.
- Section 7-1-6.51 - Distribution; municipal event center surcharge.
- Section 7-1-6.52 - Distribution adjustment; tax administration suspense fund; credit for certain sales of services for resale.
- Section 7-1-6.53 - Distribution; energy efficiency and renewable energy bonding fund; gross receipts tax.
- Section 7-1-6.54 - Distributions; tax increment development districts.
- Section 7-1-6.55 - Distribution to municipality equivalent to a portion of compensating tax.
- Section 7-1-6.56 - Distribution; retiree health care fund.
- Section 7-1-6.57 - Distribution adjustment; tax administration suspense fund; credit for receipts of hospitals.
- Section 7-1-6.58 - Distribution; public election fund.
- Section 7-1-6.59 - Distribution; veterans memorial operation, maintenance and improvement.
- Section 7-1-6.6 - Distribution; game protection fund.
- Section 7-1-6.60 - Distribution; county business retention gross receipts tax.
- Section 7-1-6.7 - Distribution; state aviation fund.
- Section 7-1-6.8 - Distribution; motorboat fuel tax fund.
- Section 7-1-6.9 - Distribution of gasoline taxes to municipalities and counties.
- Section 7-1-60 - Estoppel against state.
- Section 7-1-61 - Duty of successor in business.
- Section 7-1-62 - Duty of secretary; release of successor.
- Section 7-1-63 - Assessment of tax due; application of payment.
- Section 7-1-64 - Repealed.
- Section 7-1-65 - Reciprocal enforcement of tax judgments.
- Section 7-1-66 - Immunity of property of Indian nations, tribes or pueblos and of the United States.
- Section 7-1-67 - Interest on deficiencies.
- Section 7-1-67.1 - Repealed.
- Section 7-1-68 - Interest on overpayments.
- Section 7-1-69 - Civil penalty for failure to pay tax or file a return.
- Section 7-1-69.1 - Civil penalty for failure to file an information return.
- Section 7-1-7 - Repealed.
- Section 7-1-70 - Civil penalty for bad checks.
- Section 7-1-71 - Civil penalty for failure to collect and pay over tax.
- Section 7-1-71.1 - Tax return preparers; requirements; penalties.
- Section 7-1-71.2 - Repealed.
- Section 7-1-71.3 - Willful failure to collect and pay over taxes.
- Section 7-1-71.4 - Tax return preparer; electronic filing requirement; penalty.
- Section 7-1-72 - Attempts to evade or defeat tax.
- Section 7-1-72.1 - Civil penalty; willful attempt to cause evasion of another's tax.
- Section 7-1-73 - Tax fraud.
- Section 7-1-74 - Interference or attempts corruptly, forcibly or by threat to interfere with administration of revenue laws.
- Section 7-1-75 - Assault and battery of a department employee.
- Section 7-1-76 - Revealing information concerning taxpayers.
- Section 7-1-77 - Timeliness when last day for performance falls on Saturday, Sunday or legal holiday.
- Section 7-1-78 - Burden of proof in fraud cases.
- Section 7-1-79 - Enforcement officials.
- Section 7-1-8 - Confidentiality of returns and other information.
- Section 7-1-8.1 - Information that may be revealed to an employee of the department, a taxpayer or the taxpayer's representative.
- Section 7-1-8.10 - Information that may be revealed to private persons other than the taxpayer.
- Section 7-1-8.2 - Information required to be revealed.
- Section 7-1-8.3 - Information that may be revealed to public.
- Section 7-1-8.4 - Information that may be revealed to judicial bodies or with respect to judicial proceedings or investigations.
- Section 7-1-8.5 - Information that may be revealed to national governments or their agencies.
- Section 7-1-8.6 - Information that may be revealed to certain tribal governments.
- Section 7-1-8.7 - Information that may be revealed to other states or multistate administrative bodies.
- Section 7-1-8.8 - Information that may be revealed to other state agencies.
- Section 7-1-8.9 - Information that may be revealed to local governments and their agencies.
- Section 7-1-80 - Dissolution or withdrawal of corporation.
- Section 7-1-81 - Repealed.
- Section 7-1-82 - Transfer, assignment, sale, lease or renewal of liquor license.
- Section 7-1-9 - Address of notices and payments; timely mailing constitutes timely filing or making.
- Article 1A - Project Mainstream Employment Tax Credit, 7-1a-1 through 7-1A-5.
- Article 2 - Income Tax General Provisions, 7-2-1 through 7-2-36.
- Section 7-2-1 - Short title.
- Section 7-2-10 - Income taxes applied to individuals on federal areas.
- Section 7-2-11 - Tax credit; income allocation and apportionment.
- Section 7-2-12 - Taxpayer returns; payment of tax.
- Section 7-2-12.1 - Limitation on claiming of credits and tax rebates.
- Section 7-2-12.2 - Estimated tax due; payment of estimated tax; penalty.
- Section 7-2-13 - Credit for taxes paid other states by resident individuals.
- Section 7-2-14 - Low-income comprehensive tax rebate.
- Section 7-2-14.1 - Repealed.
- Section 7-2-14.2 - Repealed.
- Section 7-2-14.3 - Tax rebate of part of property tax due from low-income taxpayer; local option; refund.
- Section 7-2-14.4 - Authorization to fund property tax rebate for low-income taxpayers; tax imposition; election.
- Section 7-2-14.5 - Imposition of tax; limitations.
- Section 7-2-15 to 7-2-17.1 - Repealed.
- Section 7-2-18 - Tax rebate of property tax due that exceeds the elderly taxpayer's maximum property tax liability; refund.
- Section 7-2-18.1 - Credit for expenses for dependent child day care necessary to enable gainful employment to prevent indigency.
- Section 7-2-18.10 - Tax credit; certain conveyances of real property.
- Section 7-2-18.11 - Job mentorship tax credit.
- Section 7-2-18.12 - Repealed.
- Section 7-2-18.13 - Credit; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older.
- Section 7-2-18.14 - Solar market development tax credit; residential and small business solar thermal and photovoltaic market development tax credit.
- Section 7-2-18.15 - Working families tax credit.
- Section 7-2-18.16 - Credit; special needs adopted child tax credit; created; qualifications; duration of credit.
- Section 7-2-18.17 - Angel investment credit. (Repealed effective January 1, 2013.)
- Section 7-2-18.18 - Renewable energy production tax credit.
- Section 7-2-18.19 - Sustainable building tax credit.
- Section 7-2-18.2 - Credit for preservation of cultural property; refund.
- Section 7-2-18.20 - Tax credit; agricultural water conservation expenses. (Repealed effective January 1, 2013.)
- Section 7-2-18.21 - Credit; blended biodiesel fuel.
- Section 7-2-18.22 - Tax credit; rural health care practitioner tax credit.
- Section 7-2-18.23 - Refundable credit; 2007 taxable year.
- Section 7-2-18.24 - Geothermal ground-coupled heat pump tax credit.
- Section 7-2-18.25 - Advanced energy income tax credit.
- Section 7-2-18.26 - Agricultural biomass income tax credit.
- Section 7-2-18.3 - Repealed.
- Section 7-2-18.4 - Qualified business facility rehabilitation credit; income tax credit.
- Section 7-2-18.5 - Welfare-to-work tax credit.
- Section 7-2-18.6 - Repealed.
- Section 7-2-18.7 - Tax rebate of property tax paid on property eligible for disabled veteran exemption; refund; limitation.
- Section 7-2-18.8 - Credit; certain electronic equipment.
- Section 7-2-18.9 - Repealed.
- Section 7-2-19 - Repealed.
- Section 7-2-2 - Definitions.
- Section 7-2-20 - Information returns.
- Section 7-2-21 - Fiscal years permitted.
- Section 7-2-21.1 - Accounting methods.
- Section 7-2-22 - Administration.
- Section 7-2-23 - Finding [; wildlife funds].
- Section 7-2-24 - Optional designation of tax refund contribution [; game protection fund].
- Section 7-2-24.1 - Optional designation of tax refund contribution for tree plantings.
- Section 7-2-25, 7-2-26 - Repealed.
- Section 7-2-27 - Legislative findings and intent. (Delayed repeal
- Section 7-2-28 - Optional designation of tax refund contribution [; veterans' national cemetery fund]. (Delayed repeal
- Section 7-2-29 - Finding.
- Section 7-2-3 - Imposition and levy of tax.
- Section 7-2-30 - Optional designation of tax refund contribution [; substance abuse education fund].
- Section 7-2-30.1 - Optional designation of tax refund contribution; amyotrophic lateral sclerosis research fund.
- Section 7-2-30.2 - Optional designation of tax refund contribution; energy, minerals and natural resources department; state parks division.
- Section 7-2-30.3 - Optional designation of tax refund contribution; national guard member and family assistance.
- Section 7-2-30.4 - Optional designation of tax refund contribution; Vietnam veterans memorial state park.
- Section 7-2-31 - Optional designation of tax refund contribution.
- Section 7-2-31.1 - Optional refund contribution provisions; conditional repeal.
- Section 7-2-32 - Deduction-payments into education trust fund.
- Section 7-2-33 - Repealed.
- Section 7-2-34 - Deduction; net capital gain income.
- Section 7-2-35 - Deduction; unreimbursed or uncompensated medical care expenses. (Contingent effective date - See notes following section.)
- Section 7-2-36 - Deduction; expenses related to organ donation.
- Section 7-2-4 - Exemptions.
- Section 7-2-5.10 - Exemption; New Mexico national guard member premiums paid for group life insurance.
- Section 7-2-5.11 - Exemption; armed forces salaries.
- Section 7-2-5.2 - Exemption; income of persons sixty-five and older or blind.
- Section 7-2-5.3 - Repealed.
- Section 7-2-5.4 - Repealed.
- Section 7-2-5.5 - Exemption; earnings by Indians, their Indian spouses and Indian dependents on Indian lands.
- Section 7-2-5.6 - Exemption; medical care savings accounts.
- Section 7-2-5.7 - Exemption; income of individuals one hundred years of age or older.
- Section 7-2-5, 7-2-5.1 - Repealed.
- Section 7-2-5.8 - Exemption for low- and middle-income taxpayers.
- Section 7-2-5.9 - Exemption; unreimbursed or uncompensated medical care expenses of individuals sixty-five years of age or older.
- Section 7-2-6 - Repealed.
- Section 7-2-7 - Individual income tax rates. (Effective January 1, 2004 through December 31, 2004.)
- Section 7-2-7.1 - Tax tables.
- Section 7-2-7.2 - Tax rebate; 2005 taxable year. (Effective for 2005 tax year.)
- Section 7-2-7.3 - Exemption; 2005 taxable year rebate. (Effective for 2005 tax year.)
- Section 7-2-8 - Repealed.
- Section 7-2-9 - Tax computation; alternative method.
- Article 2A - Corporate Income and Franchise Tax, 7-2A-1 through 7-2A-26.
- Section 7-2A-1 - Short title.
- Section 7-2A-10 - Information returns.
- Section 7-2A-11 - Accounting methods.
- Section 7-2A-12 - Fiscal years permitted.
- Section 7-2A-13 - Administration.
- Section 7-2A-14 - Corporate-supported child care; credits allowed.
- Section 7-2A-15 - Qualified business facility rehabilitation credit; corporate income tax credit.
- Section 7-2A-16 - Intergovernmental business tax credit.
- Section 7-2A-17 - Repealed.
- Section 7-2A-17.1 - Job mentorship tax credit.
- Section 7-2A-18 - Credit; certain electronic equipment.
- Section 7-2A-19 - Renewable energy production tax credit; limitations; definitions; claiming the credit.
- Section 7-2A-2 - Definitions.
- Section 7-2A-20 - Repealed.
- Section 7-2A-21 - Sustainable building tax credit.
- Section 7-2A-22 - Tax credit; agricultural water conservation expenses. (Repealed effective January 1, 2013.)
- Section 7-2A-23 - Credit; blended biodiesel fuel.
- Section 7-2A-24 - Geothermal ground-coupled heat pump tax credit.
- Section 7-2A-25 - Advanced energy corporate income tax credit.
- Section 7-2A-26 - Agricultural biomass corporate income tax credit.
- Section 7-2A-3 - Imposition and levy of taxes.
- Section 7-2A-4 - Exemptions.
- Section 7-2A-5 - Corporate income tax rates.
- Section 7-2A-5.1 - Corporate franchise tax amount.
- Section 7-2A-6 - Tax computation; alternative method.
- Section 7-2A-7 - Taxes applied to corporations on federal areas.
- Section 7-2A-8 - Credit; income allocation and apportionment.
- Section 7-2A-8.1, 7-2A-8.2 - Repealed.
- Section 7-2A-8.3 - Combined returns.
- Section 7-2A-8.4 - Consolidated returns.
- Section 7-2A-8.5 - Repealed.
- Section 7-2A-8.6 - Credit for preservation of cultural property; corporate income tax credit.
- Section 7-2A-8.7 - Repealed.
- Section 7-2A-8.8 - Welfare-to-work tax credit.
- Section 7-2A-8.9 - Tax credit; certain conveyances of real property.
- Section 7-2A-9 - Taxpayer returns; payment of tax.
- Section 7-2A-9.1 - Estimated tax due; payment of estimated tax; penalty; exemption.
- Section 7-2A-9.2 - Limitation on claiming of credits and tax rebates.
- Article 2C - Tax Refund Intercept Program, 7-2C-1 through 7-2C-14.
- Section 7-2C-1 - Short title.
- Section 7-2C-10 - Final determination and notice of setoff.
- Section 7-2C-11 - Priority of claims.
- Section 7-2C-12 - Administrative costs; charges appropriated to department.
- Section 7-2C-13 - Confidentiality; exemption.
- Section 7-2C-14 - Repealed.
- Section 7-2C-2 - Purpose.
- Section 7-2C-3 - Definitions.
- Section 7-2C-4 - Remedy additional.
- Section 7-2C-5 - Department to aid in collection of debts through setoff.
- Section 7-2C-6 - Procedures for setoff; notifications to debtor.
- Section 7-2C-7 - Suspense account.
- Section 7-2C-8 - Interest becomes obligation of claimant agency.
- Section 7-2C-9 - Administrative hearing required of claimant agency; department exempted.
- Article 2D - Venture Capital Investments, 7-2D-1 through 7-2D-14.
- Section 7-2D-1 - Short title.
- Section 7-2D-10 - Certain tax-free and other transfers.
- Section 7-2D-11 - Stock exchanged for property.
- Section 7-2D-12 - Pass-thru entities.
- Section 7-2D-13 - Election.
- Section 7-2D-14 - Administration of act.
- Section 7-2D-2 - Definitions.
- Section 7-2D-3 - Repealed.
- Section 7-2D-4 - Additional definition; qualified diversifying business stock.
- Section 7-2D-5 - Additional definition; qualified diversifying business.
- Section 7-2D-6 - Additional definition; active manufacturing business.
- Section 7-2D-7 - Additional definition; New Mexico business.
- Section 7-2D-8 - Additional definition; successful business.
- Section 7-2D-8.1 - Tax credit.
- Section 7-2D-9 - Special rules for options, warrants and certain convertible investments.
- Article 2E - Rural Job Tax Credits, 7-2E-1 through 7-2E-2.
- Article 2F - Film Production Tax Credit, 7-2F-1 through 7-2F-2.
- Article 2G - New Mexico Filmmaker Tax Credit, 7-2G-1.
- Article 2H - Native American Veterans' Income Tax Settlement Fund, 7-2H-1 through 7-2H-4.
- Article 3 - Income Tax Withholding, 7-3-1 through 7-3-13.
- Section 7-3-1 - Short title.
- Section 7-3-10 - Voluntary submission to act.
- Section 7-3-11 - Acts to be performed by agents; liability of third parties.
- Section 7-3-12 - Repealed.
- Section 7-3-13 - Withholding information return required; penalty.
- Section 7-3-2 - Definitions.
- Section 7-3-3 - Tax withheld at source.
- Section 7-3-4 - Deductions considered taxes.
- Section 7-3-5 - Withholder liable for amounts deducted and withheld; exceptions.
- Section 7-3-6 - Date payment due.
- Section 7-3-7 - Statements of withholding.
- Section 7-3-8 - Copy of the statement of withholding to be furnished the withholdee.
- Section 7-3-9 - Withheld amounts credited against tax.
- Article 3A - Oil and Gas Proceeds Withholding Tax, 7-3A-1 through 7-3A-9.
- Article 4 - Division of Income for Tax Purposes, 7-4-1 through 7-4-21.
- Article 5 - Multistate Tax Compact, 7-5-1 through 7-5-7.
- Article 5A - Streamlined Sales and Use Tax Administration, 7-5A-1 through 7-5A-9.
- Article 6 - Banking and Financial Corporations Tax, 7-6-1 through 7-6-9.
- Article 7 - Estate Tax, 7-7-1 through 7-7-20.
- Article 8A - Uniform Unclaimed Property Act, 7-8A-1 through 7-8A-31.
- Article 9 - Gross Receipts and Compensating Tax, 7-9-1 through 7-9-114.
- Article 9A - Investment Credit, 7-9A-1 through 7-9A-11.
- Article 9B - Filmmaker's Credit, 7-9B-1 through 7-9B-7.
- Article 9C - Interstate Telecommunications Gross Receipts Tax, 7-9C-1 through 7-9C-11.
- Article 9D - Capital Equipment Tax Credit, 7-9D-1 through 7-9D-9.
- Article 9E - Laboratory Partnership with Small Business Tax Credit, 7-9E-1 through 7-9E-11.
- Article 9F - Technology Jobs Tax Credit, 7-9F-1 through 7-9F-12.
- Article 9G - Other Tax Credits, 7-9G-1 through 7-9G-2.
- Article 9H - Research and Development Small Business Tax Credit Act, 7-9H-1 through 7-9H-6.
- Article 9I - Affordable Housing Tax Credit Act, 7-9I-1 through 7-9I-6.
- Article 9J - Alternative Energy Product Manufacturers Tax Credit Act, 7-9J-1 through 7-9J-8.
- Article 10 - Gross Receipts Tax Registration, 7-10-1 through 7-10-5.
- Article 11 - Railroad Car Company Tax, 7-11-1 through 7-11-12.
- Section 7-11-1 - Short title.
- Section 7-11-2 - Definitions.
- Section 7-11-3 - Imposition of tax; tax rate; tax in lieu of property taxes.
- Section 7-11-4 - Situs of railway cars; gross earnings.
- Section 7-11-5 - Withholding and payment of tax; duty of railroads using or leasing cars to make reports.
- Section 7-11-6 - Liability of organizations.
- Section 7-11-7 to 7-11-12 - Repealed.
- Article 12 - Cigarette Tax, 7-12-1 through 7-12-19.
- Section 7-12-1 - Cigarette Tax Act; short title.
- Section 7-12-10 - Repealed.
- Section 7-12-10.1 - Retention of invoices and records; inspection by department.
- Section 7-12-11 - Export sellers; physical segregation of cigarettes to be exported.
- Section 7-12-12 - Shipment of unstamped cigarettes in New Mexico.
- Section 7-12-13 - Repealed.
- Section 7-12-13.1 - Civil penalties.
- Section 7-12-13.2 - Criminal offenses; criminal penalties; seizure and destruction of evidence.
- Section 7-12-14 - Repealed.
- Section 7-12-15 - County and municipality recreational fund; distribution.
- Section 7-12-16 - County and municipal cigarette tax fund; distribution.
- Section 7-12-17 - Reporting requirements; penalty.
- Section 7-12-18 - Reports.
- Section 7-12-19 - Intergovernmental agreements; no waiver of sovereign immunity.
- Section 7-12-2 - Definitions.
- Section 7-12-3 - Excise tax on cigarettes; rates.
- Section 7-12-3.1 - Cigarette inventory tax; imposition of tax; date payment of tax due.
- Section 7-12-3.2 - Cigarette inventories.
- Section 7-12-4 - Exemption.
- Section 7-12-4.1 - Cigarette tax; tribal sales; tax-credit stamps.
- Section 7-12-5 - Affixing stamps.
- Section 7-12-6 - Waiver of requirement that stamps be affixed.
- Section 7-12-7 - Sale of stamps; prices.
- Section 7-12-8 - Redemption of stamps.
- Section 7-12-9 - Repealed.
- Section 7-12-9.1 - Licensing; general licensing provisions.
- Section 7-12-9.2 - Distributor's license.
- Section 7-12-9.3 - Manufacturer's license.
- Section 7-12-9.4 - Retail sale of cigarettes.
- Article 12A - Tobacco Products Tax, 7-12A-1 through 7-12A-10.
- Section 7-12A-1 - Short title.
- Section 7-12A-10 - Prohibition.
- Section 7-12A-2 - Definitions.
- Section 7-12A-3 - Imposition and rate of tax; denomination as "tobacco products tax"; date payment of tax due.
- Section 7-12A-4 - Exemption; tobacco products tax.
- Section 7-12A-5 - Deduction; interstate sales.
- Section 7-12A-6 - Refund or credit of tax.
- Section 7-12A-7 - Registration necessary to engage in business of selling tobacco products in New Mexico.
- Section 7-12A-8 - Retention of invoices and records; inspection by department.
- Section 7-12A-9 - Penalties.
- Article 13 - Gasoline Tax, 7-13-1 through 7-13-18.
- Section 7-13-1 - Gasoline tax; short title.
- Section 7-13-10 - Validation of pledges.
- Section 7-13-11 - Claim for refund or credit of gasoline tax paid on gasoline destroyed by fire, accident or acts of God before retail sale.
- Section 7-13-12 - Manifest or bill of lading required when transporting gasoline.
- Section 7-13-13 to 7-13-16 - Repealed.
- Section 7-13-17 - Permit to purchase undyed gasoline for certain off-road use and to claim refund of tax.
- Section 7-13-18 - Dyed gasoline; permissible uses; penalties for misuse.
- Section 7-13-2 - Definitions.
- Section 7-13-2.1 - When gasoline received and by whom.
- Section 7-13-3 - Imposition and rate of tax; denomination as "gasoline tax".
- Section 7-13-3.1 - Gasoline inventory tax; imposition of tax; date payment of tax due.
- Section 7-13-3.2 - Gasoline inventories.
- Section 7-13-3.3, 7-13-3.4 - Repealed.
- Section 7-13-3.5 - Bond required of taxpayers.
- Section 7-13-4 - Deductions; gasoline tax.
- Section 7-13-4.1 to 7-13-4.3 - Repealed.
- Section 7-13-4.4 - Additional deduction; certain retail sales on an Indian reservation, pueblo grant or trust land.
- Section 7-13-5 - Tax returns; payment of tax.
- Section 7-13-6 - Returns by wholesalers; exception.
- Section 7-13-6.1 - Returns by retailers; requirements; exception.
- Section 7-13-6.2 - Returns by rack operators; requirements.
- Section 7-13-7 - Registration necessary to engage in business as distributor, wholesaler or retailer.
- Section 7-13-8 - Misdemeanor for anyone other than producer, refiner or pipeline company to transport or store drip gasoline; misdemeanor to use drip gasoline in vehicle operated on highways of this s
- Section 7-13-9 - Repealed.
- Article 13A - Petroleum Products Loading Fee, 7-13A-1 through 7-13A-6.
- Article 14 - Motor Vehicle Excise Tax, 7-14-1 through 7-14-11.
- Section 7-14-1 - Short title.
- Section 7-14-10 - Distribution of proceeds.
- Section 7-14-11 - Administration by department; authority of department.
- Section 7-14-2 - Definitions.
- Section 7-14-3 - Imposition of motor vehicle excise tax.
- Section 7-14-4 - Determination of amount of motor vehicle excise tax.
- Section 7-14-5 - Time of payment of tax.
- Section 7-14-6 - Exemptions from tax.
- Section 7-14-7 - Credit against tax.
- Section 7-14-7.1 - Credit; vehicles used for short-term leasing; requirements; reports.
- Section 7-14-8 - Imposition of penalty for failure to make timely application.
- Section 7-14-9 - Refunds; procedures.
- Section 7-14-9.1 - Protests.
- Section 7-14-9.2 - Penalties for failure to submit report or to pay; interest.
- Article 14A - Leased Vehicle Gross Receipts Tax, 7-14A-1 through 7-14A-11.
- Section 7-14A-1 - Short title.
- Section 7-14A-10 - Distribution of proceeds.
- Section 7-14A-11 - Administration.
- Section 7-14A-2 - Definitions.
- Section 7-14A-3 - Imposition and rate of tax; denomination as "leased vehicle gross receipts tax".
- Section 7-14A-3.1 - Imposition and rate; leased vehicle surcharge.
- Section 7-14A-4 - Presumption of taxability.
- Section 7-14A-5 - Separately stating the leased vehicle gross receipts tax.
- Section 7-14A-6 - Date payment due.
- Section 7-14A-7 - Deduction; transactions in interstate commerce.
- Section 7-14A-8 - Deduction; trade-in allowance.
- Section 7-14A-9 - Exemption; vehicles titled before July 1, 1991.
- Article 15 - Trip Tax, 7-15-1 through 7-15-6.
- Section 7-15-1 - Recompiled.
- Section 7-15-1.1 - Short title.
- Section 7-15-2 - Repealed.
- Section 7-15-2.1 - Definitions.
- Section 7-15-3 - Repealed.
- Section 7-15-3.1 - Trip tax; computation.
- Section 7-15-3.2 - Exemption from tax.
- Section 7-15-4 - Interest; penalties.
- Section 7-15-5 - Distribution of proceeds.
- Section 7-15-6 - Administration by department; authority of department.
- Article 15A - Weight Distance Tax, 7-15A-1 through 7-15A-16.
- Section 7-15A-1 - Short title.
- Section 7-15A-10 - Repealed.
- Section 7-15A-11 - Repealed.
- Section 7-15A-12 - Weight distance tax identification permits; suspension and renewal.
- Section 7-15A-13 - Weight distance tax identification permit administrative fee.
- Section 7-15A-14 - Weight distance tax identification permit fund.
- Section 7-15A-15 - Taxpayers of weight distance tax; surety bond required; exceptions.
- Section 7-15A-16 - Civil penalties; under-mileage reporters; under-weight reporters.
- Section 7-15A-2 - Definitions.
- Section 7-15A-3 - Imposition of weight distance tax.
- Section 7-15A-4 - Responsibility for payment of tax.
- Section 7-15A-5 - Exemption from tax.
- Section 7-15A-6 - Tax rate for motor vehicles other than buses; reduction of rate for one-way hauls.
- Section 7-15A-7 - Tax rate for buses.
- Section 7-15A-8 - Mileage and weights to be used for computing tax.
- Section 7-15A-9 - Weight distance tax; payment to department; record-keeping requirements.
- Article 16 - Special Fuels Tax, 7-16-1 through 7-16-26.
- Article 16A - Special Fuels Supplier Tax, 7-16A-1 through 7-16A-21.
- Section 7-16A-1 - Short title.
- Section 7-16A-10 - Deductions; special fuel excise tax; special fuel suppliers.
- Section 7-16A-11 - Tax returns; payment of tax; special fuel users.
- Section 7-16A-12 - Credit; special fuel excise tax; special fuel users.
- Section 7-16A-13 - Claim for refund or credit of special fuel excise tax paid on special fuel destroyed by fire, accident or acts of God before retail sale.
- Section 7-16A-13.1 - Claim for refund of special fuel excise tax paid on special fuel.
- Section 7-16A-14 - Registration necessary to engage in business as rack operator, special fuel supplier or dealer.
- Section 7-16A-15 - Bond required of supplier.
- Section 7-16A-15.1 - Special fuel users; surety bond required; exceptions.
- Section 7-16A-16 - Delivery and use of special fuel prohibited in certain cases.
- Section 7-16A-17, 7-16A-18 - Repealed.
- Section 7-16A-19 - Temporary special fuel user permits.
- Section 7-16A-2 - Definitions.
- Section 7-16A-2.1 - When special fuel received or used; who is required to pay tax.
- Section 7-16A-20 - Administration and enforcement of act.
- Section 7-16A-20.1 - Special fuels; authority of secretary to terminate interstate agreements.
- Section 7-16A-21 - Temporary provision; continuity of actions.
- Section 7-16A-3 - Imposition and rate of tax; denomination as special fuel excise tax.
- Section 7-16A-4 - Special fuel inventory tax; imposition of tax; date payment of tax due.
- Section 7-16A-5 - Special fuel inventories.
- Section 7-16A-5.1 - Manifest or bill of lading required when transporting special fuels.
- Section 7-16A-6 - Special fuel inventory tax refund.
- Section 7-16A-7 - Repealed.
- Section 7-16A-8 - Repealed.
- Section 7-16A-9 - Tax returns; payment of tax.
- Section 7-16A-9.1 - Returns by retailers; requirements.
- Section 7-16A-9.2 - Returns by wholesalers.
- Section 7-16A-9.3 - Returns by rack operators; requirements.
- Article 16B - Alternative Fuel Tax, 7-16B-1 through 7-16B-10.
- Section 7-16B-1 - Short title.
- Section 7-16B-10 - Administration and enforcement of act.
- Section 7-16B-2 - Purpose.
- Section 7-16B-3 - Definitions.
- Section 7-16B-4 - Imposition and rate of tax; denomination as alternative fuel excise tax.
- Section 7-16B-5 - Exemptions; alternative fuel excise tax.
- Section 7-16B-6 - Tax returns; payment of tax; alternative fuel distributors.
- Section 7-16B-7 - Tax returns; payment of tax; alternative fuel user permit.
- Section 7-16B-8 - Alternative fuel distributor license required.
- Section 7-16B-9 - Delivery and use of alternative fuel; prohibited acts.
- Article 17 - Liquor Excise Tax, 7-17-1 through 7-17-12.
- Section 7-17-1 - Short title.
- Section 7-17-10 - Date payment due.
- Section 7-17-11 - Refund or credit of tax.
- Section 7-17-12 - Interpretation of act; administration and enforcement of tax.
- Section 7-17-2 - Definitions.
- Section 7-17-3 - Repealed.
- Section 7-17-4 - Repealed.
- Section 7-17-5 - Imposition and rate of liquor excise tax.
- Section 7-17-5.1 - Repealed.
- Section 7-17-6 - Deduction; interstate sales; winegrower-to-winegrower transfers.
- Section 7-17-7, 7-17-8 - Repealed.
- Section 7-17-9 - Exemption; certain sales to or by instrumentalities of armed forces.
- Article 18 - Electrical Energy Tax, 7-18-1 through 7-18-6.
- Article 18A - Controlled Substance Tax, 7-18A-1 through 7-18A-7.
- Article 19 - Municipal Gross Receipts Tax, 7-19-1 through 7-19-18.
- Section 7-19-1 to 7-19-3 - Repealed.
- Section 7-19-10 - Short title.
- Section 7-19-11 - Definitions.
- Section 7-19-12 - Authorization to impose supplemental municipal gross receipts tax; authorization for issuance of supplemental municipal gross receipts bonds; election required.
- Section 7-19-13 - Ordinance must conform to certain provisions of the Gross Receipts and Compensating Tax Act and requirements of the division.
- Section 7-19-14 - Specific exemptions.
- Section 7-19-15 - Collection by department; transfer of proceeds; deductions.
- Section 7-19-16 - Interpretation of act; administration and enforcement of tax.
- Section 7-19-17 - Issuance of bonds; purposes.
- Section 7-19-17.1 - Refunding bonds; authorization.
- Section 7-19-18 - Supplemental municipal gross receipts tax; use of proceeds; restriction.
- Section 7-19-4 - Recompiled.
- Section 7-19-4.1 to 7-19-9 - Repealed.
- Article 19A - Special Municipal Gross Receipts Tax, 7-19A-1 through 7-19A-7.
- Article 19B - Municipal Environmental Services Gross Receipts Tax, 7-19B-1 through 7-19B-7.
- Article 19C - Municipal Infrastructure Gross Receipts Tax, 7-19C-1 through 7-19C-7.
- Article 19D - Municipal Local Option Gross Receipts Taxes, 7-19D-1 through 7-19D-16.
- Section 7-19D-1 - Short title.
- Section 7-19D-10 - Municipal environmental services gross receipts tax; authority to impose; ordinance requirements.
- Section 7-19D-11 - Municipal infrastructure gross receipts tax; authority by municipality to impose; ordinance requirements; election.
- Section 7-19D-12 - Municipal capital outlay gross receipts tax; purposes; referendum.
- Section 7-19D-13 - Repealed.
- Section 7-19D-14 - Quality of life gross receipts tax; authority to impose; ordinance requirements; use of revenue; election.
- Section 7-19D-15 - Municipal regional spaceport gross receipts tax; authority to impose; rate; election required.
- Section 7-19D-16 - Municipal higher education facilities gross receipts tax.
- Section 7-19D-2 - Definitions.
- Section 7-19D-3 - Effective date of ordinance.
- Section 7-19D-4 - Ordinance shall conform to certain provisions of the Gross Receipts and Compensating Tax Act and requirements of the department.
- Section 7-19D-5 - Specific exemptions.
- Section 7-19D-6 - Copy of ordinance to be submitted to department.
- Section 7-19D-7 - Collection by department; transfer of proceeds; deductions.
- Section 7-19D-8 - Interpretation of act; administration and enforcement of act.
- Section 7-19D-9 - Municipal gross receipts tax; authority to impose rate.
- Article 20 - County Gross Receipts Tax, 7-20-1 through 7-20-26.
- Article 20A - County Fire Protection Excise Tax, 7-20A-1 through 7-20A-9.
- Article 20B - County Environmental Services Gross Receipts Tax, 7-20B-1 through 7-20B-7.
- Article 20C - Local Hospital Gross Receipts Tax, 7-20C-1 through 7-20C-17.
- Section 7-20C-1 - Short title.
- Section 7-20C-10 - Ordinance authorizing revenue bonds.
- Section 7-20C-11 - Revenue bonds; terms.
- Section 7-20C-12 - Local hospital revenue bonds not general county obligations.
- Section 7-20C-13 - Revenue bonds; exemption from taxation.
- Section 7-20C-14 - Use of proceeds of bond issue.
- Section 7-20C-15 - No notice or publication required.
- Section 7-20C-16 - Revenue bonds; refunding authorization.
- Section 7-20C-17 - Refunding bonds; escrow; detail.
- Section 7-20C-2 - Definitions.
- Section 7-20C-3 - Local hospital gross receipts tax; authority to impose; ordinance requirements.
- Section 7-20C-4 - Ordinance shall conform to certain provisions of the Gross Receipts and Compensating Tax Act and requirements of the department.
- Section 7-20C-5 - Specific exemptions.
- Section 7-20C-6 - Collection by department; transfer of proceeds; deductions.
- Section 7-20C-7 - Interpretation of act; administration and enforcement of tax.
- Section 7-20C-8 - Distribution.
- Section 7-20C-9 - Local hospital revenue bonds; authority to issue; pledge of revenues.
- Section 7-20C-9.1 - New Mexico finance authority; revenue bonds.
- Article 20E - County Local Option Gross Receipts Taxes, 7-20E-1 through 7-20E-27.
- Section 7-20E-1 - Short title.
- Section 7-20E-10 - County gross receipts tax; referendum requirements.
- Section 7-20E-11 - County gross receipts tax; use of proceeds from first one-eighth increment.
- Section 7-20E-12 - County emergency gross receipts tax; authority to impose in lieu of property tax.
- Section 7-20E-12.1 - County hospital emergency gross receipts tax; authority to impose; use of proceeds.
- Section 7-20E-13 - Special county hospital gross receipts tax; authority to impose; ordinance requirements.
- Section 7-20E-14 - Special county hospital gross receipts tax; use of proceeds.
- Section 7-20E-15 - County fire protection excise tax; authority to impose; ordinance requirements.
- Section 7-20E-16 - County fire protection excise tax; use of proceeds; budget limitation.
- Section 7-20E-17 - County environmental services gross receipts tax; authority to impose rate; use of funds.
- Section 7-20E-18 - County health care gross receipts tax; authority to impose rate.
- Section 7-20E-19 - County infrastructure gross receipts tax; authority to impose rate; use of funds; election.
- Section 7-20E-2 - Definitions.
- Section 7-20E-20 - County education gross receipts tax; authority to impose; rate; election; use of revenue.
- Section 7-20E-21 - County capital outlay gross receipts tax; purposes; referendum.
- Section 7-20E-22 - County emergency communications and emergency medical and behavioral health services tax; authority to impose countywide or only in the county area; ordinance requirements; use of r
- Section 7-20E-23 - County regional transit gross receipts tax; authority to impose; rate; election required.
- Section 7-20E-24 - Quality of life gross receipts tax; authority to impose; ordinance requirements; use of revenue; election.
- Section 7-20E-25 - County regional spaceport gross receipts tax; authority to impose; rate; election required.
- Section 7-20E-26 - Water and sanitation gross receipts tax; authority to impose; rate; election; use of revenue.
- Section 7-20E-27 - County business retention gross receipts tax; imposition; rate.
- Section 7-20E-3 - Optional referendum selection; effective date of ordinance.
- Section 7-20E-4 - Ordinance shall conform to certain provisions of the Gross Receipts and Compensating Tax Act and requirements of the department.
- Section 7-20E-5 - Specific exemptions.
- Section 7-20E-6 - Copy of ordinance to be submitted to department.
- Section 7-20E-7 - Collection by department; transfer of proceeds; deductions.
- Section 7-20E-8 - Interpretation of act; administration and enforcement of act.
- Section 7-20E-9 - County gross receipts tax; authority to impose rate; indigent fund requirements.
- Article 20F - County Correctional Facility Gross Receipts Tax, 7-20F-1 through 7-20F-12.
- Section 7-20F-1 - Short title.
- Section 7-20F-10 - Revenue bonds; terms.
- Section 7-20F-11 - Revenue bonds; refunding authorization.
- Section 7-20F-12 - Refunding bonds; escrow; detail.
- Section 7-20F-2 - Definitions.
- Section 7-20F-3 - County correctional facility gross receipts tax; authority to impose; rate; ordinance requirements; referendum.
- Section 7-20F-4 - Ordinance shall conform to certain provisions of the Gross Receipts and Compensating Tax Act and requirements of the department.
- Section 7-20F-5 - Collection by department; transfer of proceeds; deductions.
- Section 7-20F-6 - Specific exemptions.
- Section 7-20F-7 - Revenue bonds; authority to issue; ordinance authorizing issue; pledge of revenue.
- Section 7-20F-8 - Revenue bonds; execution; nonrepealable; issuance time limitation.
- Section 7-20F-9 - Revenue bonds; purpose of issue; use of proceeds.
- Article 21 - County Sales Tax, 7-21-1 through 7-21-7.
- Article 22 - Occupational Licenses, 7-22-1 through 7-22-14.
- Article 23 - Exemption of Producers from Licenses, 7-23-1 through 7-23-2.
- Article 24 - Municipal and County Gross Receipts Tax on Liquor, 7-24-1 through 7-24-16.
- Section 7-24-1 - License tax imposed by municipalities.
- Section 7-24-10 - Authorization to impose local liquor excise tax; rate; use of proceeds; election required.
- Section 7-24-10.1 - Use of tax proceeds; local liquor excise tax committee; joint powers agreement; community participation.
- Section 7-24-11 - Date payment due.
- Section 7-24-12 - Exemption.
- Section 7-24-13 - Exemption; purchases for resale.
- Section 7-24-14 - Refund or credit of tax.
- Section 7-24-15 - Administrative charge.
- Section 7-24-16 - Interpretation of act; administration and enforcement of the tax.
- Section 7-24-2 - License tax imposed by boards of county commissioners.
- Section 7-24-3 - Payment of municipal or county tax required; closing establishment.
- Section 7-24-4 - License tax period; revocation or suspension of license; effect.
- Section 7-24-5 - Assignment and transfer of license; effect.
- Section 7-24-6, 7-24-7 - Repealed.
- Section 7-24-8 - Short title.
- Section 7-24-9 - Definitions.
- Article 24A - County and Municipal Gasoline Tax, 7-24A-1 through 7-24A-21.
- Section 7-24A-1 - Short title.
- Section 7-24A-10 - Municipal gasoline tax; authorization; imposition; rate.
- Section 7-24A-11 - Municipal gasoline tax; procedure for adoption of ordinance; election.
- Section 7-24A-12 - Collection of municipal gasoline tax.
- Section 7-24A-13 - Repealed.
- Section 7-24A-14 - Bond ordinance.
- Section 7-24A-15 - Terms of bonds.
- Section 7-24A-16 - Sale of bonds.
- Section 7-24A-17 - Construction.
- Section 7-24A-18 - Additional security.
- Section 7-24A-19 - Foreclosure.
- Section 7-24A-2 - Definitions.
- Section 7-24A-20 - Legal investments.
- Section 7-24A-21 - Joint election.
- Section 7-24A-3 - Use of proceeds.
- Section 7-24A-4 - Limitations on power.
- Section 7-24A-5 - County gasoline tax; authorization; imposition; rate.
- Section 7-24A-6 - County gasoline tax; procedure for adoption of ordinance; election.
- Section 7-24A-6.1 - County-wide gasoline tax; authorization; imposition; rate; election.
- Section 7-24A-7 - Ordinance must conform to certain provisions of the Gasoline Tax Act.
- Section 7-24A-7.1 - Registration required.
- Section 7-24A-8 - Collection of county gasoline tax.
- Section 7-24A-9 - Repealed.
- Article 24B - Special County Hospital Gasoline Tax, 7-24B-1 through 7-24B-10.
- Section 7-24B-1 - Short title.
- Section 7-24B-10 - Repealed.
- Section 7-24B-2 - Definitions.
- Section 7-24B-3 - Use of proceeds.
- Section 7-24B-4 - Special county hospital gasoline tax; authorization; imposition; rate.
- Section 7-24B-5 - Repealed.
- Section 7-24B-5.1 - Registration required.
- Section 7-24B-6 - Ordinance shall conform to certain provisions of the Gasoline Tax Act.
- Section 7-24B-7 - Referendum requirements.
- Section 7-24B-8 - Collection of special county hospital gasoline tax.
- Section 7-24B-9 - Interpretation of Special County Hospital Gasoline Tax Act.
- Article 25 - Resources Excise Tax, 7-25-1 through 7-25-9.
- Section 7-25-1 - Short title.
- Section 7-25-2 - Purpose.
- Section 7-25-3 - Definitions.
- Section 7-25-4 - Rate and measure of tax; denomination as "resources tax".
- Section 7-25-5 - Rate and measure of tax; denomination as "processors tax".
- Section 7-25-6 - Rate and measure of tax; denomination as "service tax".
- Section 7-25-7 - Exemption; resources tax.
- Section 7-25-8 - Sales of natural resources subject to Gross Receipts and Compensating Tax Act.
- Section 7-25-9 - Date payment due.
- Article 26 - Severance Tax, 7-26-1 through 7-26-11.
- Section 7-26-1 - Short title.
- Section 7-26-10, 7-26-11 - Repealed.
- Section 7-26-2 - Definitions.
- Section 7-26-3 - Imposition of tax; denomination as "severance tax".
- Section 7-26-4 - Determination of taxable value of natural resources.
- Section 7-26-5 - Tax rates on severed natural resources except coal and uranium.
- Section 7-26-6 - Severance tax on coal; surtax.
- Section 7-26-6.1 - Repealed.
- Section 7-26-6.2 - Coal surtax exemption; qualification requirements.
- Section 7-26-7 - Severance tax on uranium.
- Section 7-26-7.1 - Repealed.
- Section 7-26-8 - Date payment of tax due.
- Section 7-26-9 - Repealed.
- Article 27 - Severance Tax Bonding Act, 7-27-1 through 7-27-48.
- Section 7-27-1 - Short title.
- Section 7-27-10 - State board of finance shall issue bonds.
- Section 7-27-10.1 - Bonding capacity; authorization for severance tax bonds; water projects priority.
- Section 7-27-11 - Authority to refund bonds.
- Section 7-27-11.1 - Repealed.
- Section 7-27-12 - When severance tax bonds to be issued.
- Section 7-27-12.1 - Severance tax bonds; purpose for which issued; appropriation of proceeds.
- Section 7-27-12.2 - Supplemental severance tax bonds; public school capital outlay projects.
- Section 7-27-12.3 - Administration of certain bond proceeds appropriated to the public school capital outlay fund.
- Section 7-27-12.4 - Authorization for severance tax bonds for severance tax transportation fund; appropriation of proceeds.
- Section 7-27-12.5 - Authorization for severance tax bonds; priority for infrastructure projects for colonias.
- Section 7-27-13 - Reserved.
- Section 7-27-14 - Amount of tax; security for bonds.
- Section 7-27-15 - Majority approval necessary for board action.
- Section 7-27-16 - Form of bonds.
- Section 7-27-17 - Execution of bonds.
- Section 7-27-18 - Procedure for sale of bonds.
- Section 7-27-19 - Severance tax bonds and supplemental severance tax bonds legal investments.
- Section 7-27-2 - Severance tax bonding fund created.
- Section 7-27-20 - Expenses paid from severance tax bonding fund.
- Section 7-27-21 - Treasurer to make bond payments and keep records.
- Section 7-27-22 - Severance tax bonding act to be full authority for issuance of bonds.
- Section 7-27-23 - Suit may be brought to compel performance of officers.
- Section 7-27-24 - Bonds tax free.
- Section 7-27-25 - No impairment of obligation of contract.
- Section 7-27-26 - Severance tax bonding fund continued.
- Section 7-27-27 - Purpose and intent.
- Section 7-27-28 to 7-27-30 - Repealed.
- Section 7-27-3 - Severance tax permanent fund created.
- Section 7-27-3.1 - Transfer of investment powers.
- Section 7-27-3.2 - Definition.
- Section 7-27-3.3 - Severance tax permanent fund; annual distributions.
- Section 7-27-31 - Severance tax income bond retirement fund created.
- Section 7-27-32 - Severance tax income bond retirement fund pledged.
- Section 7-27-33 to 7-27-41 - Repealed.
- Section 7-27-4 - Repealed.
- Section 7-27-42 - Severance tax income bonds; legal investments.
- Section 7-27-43 - Expenses paid from severance tax income bond retirement fund.
- Section 7-27-44 - Treasurer to make bond payments and keep records.
- Section 7-27-45 - Repealed.
- Section 7-27-46 - Suit may be brought to compel performance of officers.
- Section 7-27-47 - Bonds tax-free.
- Section 7-27-48 - Temporary provision; no impairment of obligation of contract.
- Section 7-27-5 - Investment of severance tax permanent fund.
- Section 7-27-5.1 - Repealed.
- Section 7-27-5.13 - Educational institution research and development facilities revenue bonds.
- Section 7-27-5.14 - Findings and purpose.
- Section 7-27-5.15 - New Mexico private equity funds and business investments.
- Section 7-27-5.16 - Repealed.
- Section 7-27-5.17 - Employers mutual company revenue bonds.
- Section 7-27-5.18 - Purpose.
- Section 7-27-5.19 - Deposits in New Mexico financial institutions; limitations.
- Section 7-27-5.2 - Repealed.
- Section 7-27-5.20 - Deposits in New Mexico credit unions.
- Section 7-27-5.21 - New Mexico lottery revenue bonds.
- Section 7-27-5.22 - Severance tax permanent fund; investment in obligations issued under Section 33-1-19 NMSA 1978 for corrections facilities.
- Section 7-27-5.23 - Repealed.
- Section 7-27-5.24 - Severance tax permanent fund; investment in obligations issued for state capitol buildings and renovations.
- Section 7-27-5.25 - Repealed.
- Section 7-27-5.26 - Investment in films to be produced in New Mexico.
- Section 7-27-5.3 - Conventional mortgage pass-through securities.
- Section 7-27-5.4 - New Mexico business investments.
- Section 7-27-5.5 - Educational loan notes.
- Section 7-27-5.6 - Repealed.
- Section 7-27-5.7 - Repealed.
- Section 7-27-6 - Severance tax bonding fund pledged.
- Section 7-27-7 - Special income to retire bonds.
- Section 7-27-8 - Transfer of money to severance tax permanent fund.
- Section 7-27-9 - Bonds to be known as severance tax bonds and supplemental severance tax bonds.
- Article 28 - Oil and Gas Accounting, 7-28-1 through 7-28-13.
- Article 29 - Oil and Gas Severance Tax, 7-29-1 through 7-29-23.
- Section 7-29-1 - Title.
- Section 7-29-2 - Definitions.
- Section 7-29-23 - Advance payment required.
- Section 7-29-3 - Repealed.
- Section 7-29-4 - Oil and gas severance tax imposed; collection; interest owner's liability to state; Indian liability.
- Section 7-29-4.1 - Taxable value; method of determining.
- Section 7-29-4.2 - Value may be determined by department; standard.
- Section 7-29-4.3 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
- Section 7-29-4.4, 7-29-4.5 - Repealed.
- Section 7-29-4.6 - Repealed.
- Section 7-29-4.7 - Repealed.
- Section 7-29-5 - Products on which tax has been levied; regulation by commission.
- Section 7-29-6 - Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
- Section 7-29-7 - Operator's report; tax remittance; additional information.
- Section 7-29-8 - Purchaser's report; tax remittance; additional information.
- Section 7-29-9 to 7-29-22 - Repealed.
- Article 29A - Enhanced Oil Recovery, 7-29A-1 through 7-29A-5.
- Section 7-29A-1 - Short title.
- Section 7-29A-2 - Definitions.
- Section 7-29A-3 - Procedures for qualifying for the recovered oil tax rate.
- Section 7-29A-4 - Notification to the secretary of taxation and revenue; duties of the secretary.
- Section 7-29A-5 - Secretary of taxation and revenue approval; refund.
- Article 29B - Natural Gas and Crude Oil Production Incentives, 7-29B-1 through 7-29B-6.
- Section 7-29B-1 - Short title.
- Section 7-29B-2 - Definitions.
- Section 7-29B-3 - Approval of production restoration projects, well workover projects and stripper well properties.
- Section 7-29B-4 - Application procedures; certification of approval; rules; administration.
- Section 7-29B-5 - Notice to secretary of taxation and revenue.
- Section 7-29B-6 - Qualification for production restoration incentive tax exemption and well workover and stripper well property incentive tax rate; secretary of taxation and revenue approval; refund.
- Article 29C - Intergovernmental Tax Credits, 7-29C-1 through 7-29C-2.
- Article 30 - Oil and Gas Conservation Tax, 7-30-1 through 7-30-27.
- Section 7-30-1 - Title.
- Section 7-30-10 - Operator's report; tax remittance; additional information.
- Section 7-30-11 - Purchaser's report; tax remittance; additional information.
- Section 7-30-12, 7-30-13 - Repealed.
- Section 7-30-14 - Recompiled.
- Section 7-30-15 to 7-30-26 - Repealed.
- Section 7-30-2 - Definitions.
- Section 7-30-27 - Advance payment required.
- Section 7-30-3 - Repealed.
- Section 7-30-4 - Oil and gas conservation tax levied; collected by department; rate; interest owner's liability to state; Indian liability.
- Section 7-30-5 - Taxable value; method of determining.
- Section 7-30-6 - Value may be determined by department; standard.
- Section 7-30-7 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
- Section 7-30-8 - Products on which tax has been levied; regulation by department.
- Section 7-30-9 - Operator or purchaser to withhold interest owner's tax; department may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
- Article 31 - Oil and Gas Emergency School Tax, 7-31-1 through 7-31-27.
- Section 7-31-1 - Title.
- Section 7-31-10 - Operator's report; tax remittance; additional information.
- Section 7-31-10.1 - Repealed.
- Section 7-31-11 - Purchaser's report; tax remittance; additional information.
- Section 7-31-12 to 7-31-25 - Repealed.
- Section 7-31-2 - Definitions.
- Section 7-31-26 - Advance payment required.
- Section 7-31-27 - Jicarilla Apache tribal capital improvements tax credit.
- Section 7-31-3 - Repealed.
- Section 7-31-4 - Privilege tax levied; collected by department; rate; interest owner's liability to state; Indian liability.
- Section 7-31-5 - Taxable value; method of determining.
- Section 7-31-6 - Value may be determined by commission; standard.
- Section 7-31-7 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
- Section 7-31-8 - Products on which tax has been levied; regulation by commission.
- Section 7-31-9 - Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
- Article 32 - Oil and Gas Ad Valorem Production Tax, 7-32-1 through 7-32-28.
- Section 7-32-1 - Title.
- Section 7-32-10 - Operator's report; tax remittance; additional information.
- Section 7-32-11 - Purchaser's report; tax remittance; additional information.
- Section 7-32-12 - Repealed.
- Section 7-32-13 - Division shall prepare schedules and forward to assessors; assessor shall deliver schedule to treasurer.
- Section 7-32-14 - Monthly report to department of finance and administration; remittance to state and county treasurers; state and county treasurers may distribute funds.
- Section 7-32-15 - Determination of assessed values for taxing districts.
- Section 7-32-16 to 7-32-27 - Repealed.
- Section 7-32-2 - Definitions.
- Section 7-32-28 - Advance payment required.
- Section 7-32-3 - Repealed.
- Section 7-32-4 - Ad valorem tax levied; collected by division; rate; interest owner's liability to state; Indian liability.
- Section 7-32-5 - Assessed value; method of determining.
- Section 7-32-6 - Value may be determined by commission; standard.
- Section 7-32-7 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.
- Section 7-32-8 - Products on which tax has been levied; regulation by commission.
- Section 7-32-9 - Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.
- Article 33 - Natural Gas Processors Tax, 7-33-1 through 7-33-22.
- Section 7-33-1 - Short title.
- Section 7-33-2 - Definitions.
- Section 7-33-3 - Repealed.
- Section 7-33-4 - Privilege tax levied; collected by department; rate.
- Section 7-33-5 - Repealed.
- Section 7-33-6 - Refund.
- Section 7-33-7 - Natural gas on which tax has been levied; regulation by department.
- Section 7-33-8 - Tax return; tax remittance; additional information.
- Section 7-33-9 to 7-33-22 - Repealed.
- Article 34 - Oil and Gas Production Equipment Ad Valorem Tax, 7-34-1 through 7-34-20.
- Section 7-34-1 - Short title.
- Section 7-34-10 to 7-34-20 - Repealed.
- Section 7-34-2 - Definitions.
- Section 7-34-3 - Method of determining assessed value.
- Section 7-34-4 - Ad valorem tax levied.
- Section 7-34-5 - Oil and gas production equipment ad valorem tax to be exclusive measure of ad valorem tax liability.
- Section 7-34-6 - Tax statement; tax due date.
- Section 7-34-7 - Commission shall report to county; tax roll.
- Section 7-34-8 - Repealed.
- Section 7-34-9 - Monthly report to department of finance and administration; remittances to state and county treasurers; state and county treasurers may distribute funds.
- Article 35 - Property Tax, 7-35-1 through 7-35-10.
- Section 7-35-1 - Short title.
- Section 7-35-10 - Division to furnish valuation services to state agencies and political subdivisions of the state.
- Section 7-35-2 - Definitions.
- Section 7-35-2.1 - Additional definition.
- Section 7-35-3 - Director's supervisory power over county assessors; duty to evaluate performance and provide technical assistance; property valuation fund created.
- Section 7-35-4 - Department to provide manuals and other materials.
- Section 7-35-5 - Training programs; attendance by assessor.
- Section 7-35-6 - Suspension of county assessor's functions; department's performance of county assessor's functions.
- Section 7-35-7 - Suspension of county treasurer's functions; department of finance and administration's performance of county treasurer's functions.
- Section 7-35-8 - Authority for director to reduce amount required to be reimbursed to department by counties for services provided by department.
- Section 7-35-9 - Repealed.
- Article 36 - Valuation of Property, 7-36-1 through 7-36-33.
- Section 7-36-1 - Provisions for valuation of property; applicability.
- Section 7-36-11 - Reserved.
- Section 7-36-12, 7-36-13 - Repealed.
- Section 7-36-14 - Taxable situs; allocation of value of property.
- Section 7-36-15 - Methods of valuation for property taxation purposes; general provisions.
- Section 7-36-16 - Responsibility of county assessors to determine and maintain current and correct values of property.
- Section 7-36-17 - Repealed.
- Section 7-36-18 - Collection and publication of property valuation data.
- Section 7-36-19 - Valuation of major industrial and commercial properties; specialists' services furnished to county assessor by department.
- Section 7-36-2 - Allocation of responsibility for valuation and determining classification of property for property taxation purposes; county assessor and department.
- Section 7-36-2.1 - Classification of property.
- Section 7-36-20 - Special method of valuation; land used primarily for agricultural purposes
- Section 7-36-21 - Special method of valuation; livestock.
- Section 7-36-21.1 - Repealed.
- Section 7-36-21.2 - Limitation on increases in valuation of residential property.
- Section 7-36-21.3 - Limitation on increase in value for single-family dwellings occupied by low-income owners sixty-five years of age or older or disabled.
- Section 7-36-22 - Mineral property; definitions and classifications for valuation purposes.
- Section 7-36-23 - Special method of valuation; mineral property and property used in connection with mineral property; exception for potash and uranium mineral property and property used in connection
- Section 7-36-24 - Special method of valuation; mineral property and property used in connection with mineral property when the primary production from the mineral property is potash.
- Section 7-36-25 - Special method of valuation; mineral property and property used in connection with mineral property when the primary production from the mineral property is uranium.
- Section 7-36-26 - Special method of valuation; manufactured homes.
- Section 7-36-27 - Special method of valuation; pipelines, tanks, sales meters and plants used in the processing, gathering, transmission, storage, measurement or distribution of oil, natural gas, carb
- Section 7-36-28 - Special method of valuation; pipelines, tanks, collection systems, meters, plants and hydrants used in the collection, transmission, storage, treatment, discharge, measurement or dis
- Section 7-36-29 - Special method of valuation; property used for the generation, transmission or distribution of electrical power or energy.
- Section 7-36-3 - Industrial revenue bond, pollution control bond and economic development bond project property; health-related equipment; tax status.
- Section 7-36-3.1 - Metropolitan redevelopment property; tax status of lessee's interests.
- Section 7-36-3.2 - Enterprise zone property; tax status of lessee's interests.
- Section 7-36-30 - Special methods of valuation; property that is part of a communications system.
- Section 7-36-31 - Special method of valuation; operating railroad property.
- Section 7-36-32 - Special method of valuation; commercial aircraft.
- Section 7-36-33 - Special method of valuation; certain industrial and commercial personal property.
- Section 7-36-4 - Fractional property interests; definitions; taxation and valuation of fractional interests.
- Section 7-36-5, 7-36-6 - Repealed.
- Section 7-36-7 - Property subject to valuation for property taxation purposes.
- Section 7-36-8 - Tangible personal property exempt from property tax; exceptions.
- Section 7-36-9, 7-36-10 - Repealed.
- Article 37 - Imposition of Property Tax, 7-37-1 through 7-37-8.
- Section 7-37-1 - Provisions for imposition of tax; applicability.
- Section 7-37-2 - Imposition of the tax.
- Section 7-37-3 - Tax ratio established.
- Section 7-37-4 - Head-of-family exemption.
- Section 7-37-5 - Veteran exemption.
- Section 7-37-5.1 - Disabled veteran exemption.
- Section 7-37-5.2 - Veterans' organization exemption. (Contingent effective date. See note.)
- Section 7-37-6 - Rate of tax cumulative; determination; governmental units' entitlement to tax.
- Section 7-37-7 - Tax rates authorized; limitations.
- Section 7-37-7.1 - Additional limitations on property tax rates.
- Section 7-37-8 - School tax rates.
- Article 38 - Administration and Enforcement of Property Taxes, 7-38-1 through 7-38-93.
- Article 39 - Copper Production Ad Valorem Tax, 7-39-1 through 7-39-10.