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§ 7-29B-5 NMSA 1978

Notice to secretary of taxation and revenue

Known as the Natural Gas and Crude Oil Production Incentive Act

The act spans §§ 7–7 (6 sections).

Laws 1995, ch. 15, § 5; 1999, ch. 256, § 6.

The division shall notify immediately the secretary of taxation and revenue upon:

A. adoption of rules pursuant to the provisions of the Natural Gas and Crude Oil Production Incentive Act;

B. certification of the date that production has been restored on a production restoration project;

C. certification of the date that a well workover project has been completed; and

D. certification of the stripper well properties for the fiscal year.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.