{"data":{"id":"us-nm/7-1-6.69","jurisdiction":"us-nm","citation":"7-1-6.69","heading":"Distribution; health insurance premium surtax; health care affordability fund; behavioral health program fund.","body":"A. A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the health care affordability fund in an amount equal to the following amounts of the net receipts attributable to the health insurance premium surtax; provided that if the rate of the health insurance premium surtax is reduced pursuant to Subsection F of Section 7-40-3 NMSA 1978, no distribution pursuant to this section shall be made:\n(1) beginning September 1, 2025 and prior to September 1, 2027, fifty-five percent;\n(2) beginning September 1, 2027 and prior to September 1, 2028, eighty percent; and\n(3) beginning September 1, 2028, ninety-five percent.\nB. Beginning September 1, 2028, a distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the behavioral health program fund in an amount equal to five percent of the net receipts attributable to the health insurance premium surtax; provided that if the rate of the health insurance premium surtax is reduced pursuant to Subsection F of Section 7-40-3 NMSA 1978, no distribution pursuant to this section shall be made.","path":["Chapter 7 - Taxation","ARTICLE 1 Administration"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"29667faa7f7bccf687a531776e7010d2541233a2ad48dad99cb5d5f933f24594","source_id":"us-nm","stale":false,"prev":"us-nm/7-1-6.68","next":"us-nm/7-1-6.70"},"notice":"GroundRules: Original legal text. Not legal advice."}