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New Mexico · Through 2026-07-01

7-14A-10: Distribution of proceeds.

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Where this section sits in the code
  1. Chapter 7 - Taxation
  2. ARTICLE 14A Leased Vehicle Gross Receipts Tax

At the end of each month, the net receipts attributable to the leased vehicle gross receipts tax and any associated penalties and interest shall be distributed as follows:

A. one-fourth to the local governments road fund; and

B. three-fourths to the highway infrastructure fund.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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