Administrative costs; charges appropriated to department
Known as the Tax Refund Intercept Program Act
The act spans §§ 7-2C-1 to 7-2C-9 (14 sections).
Laws 1985, ch. 106, § 12; 1994, ch. 56, § 8; 1997, ch. 125, § 5; 2025, ch. 130, § 61.
A. The department shall charge claimant agencies an administrative fee of three percent of the debts for the claimant agencies pursuant to the Tax Refund Intercept Program Act.
B. Money from the administrative fee authorized pursuant to Subsection A of this section is appropriated to the department for use in administering the Tax Refund Intercept Program Act.
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.