{"data":{"id":"us-nm/7-15a-7","jurisdiction":"us-nm","citation":"7-15A-7","heading":"Tax rate for buses.","body":"For all buses, the weight distance tax shall be computed in accordance with the following schedule:\n\tDeclared Gross Weight\t\tTax Rate\n\t(Gross Vehicle Weight)\t\t(Mills per Mile)\n\t26,001 to 28,000\t\t11.01\n\t28,001 to 30,000\t\t11.88\n\t30,001 to 32,000\t\t12.77\n\t32,001 to 34,000\t\t13.64\n\t34,001 to 36,000\t\t14.52\n\t36,001 to 38,000\t\t15.39\n\t38,001 to 40,000\t\t16.73\n\t40,001 to 42,000\t\t18.05\n\t42,001 to 44,000\t\t19.36\n\t44,001 to 46,000\t\t20.69\n\t46,001 to 48,000\t\t22.01\n\t48,001 to 50,000\t\t23.33\n\t50,001 to 52,000\t\t24.65\n\t52,001 to 54,000\t\t25.96\n\t54,001 and over\t\t27.29.","path":["Chapter 7 - Taxation","ARTICLE 15A Weight Distance Tax"],"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":"c699b810df05a33a787eb02bdab43320de192fa908f45adbf69dad435749aab4","source_id":"us-nm","stale":false,"prev":"us-nm/7-15a-6","next":"us-nm/7-15a-8"},"notice":"GroundRules: Original legal text. Not legal advice."}