On or before December 30, the department shall deliver a tax schedule to each county in which production units are located, identifying each production unit, the taxing district in which it is located, the value, assessed value, district rates and the amount of tax paid.
§ 7-34-7 NMSA 1978
Department shall report to county; tax schedule
Known as the Oil and Gas Production Equipment Ad Valorem Tax Act
The act spans §§ 7–7 (20 sections).
1953 Comp., § 72-24-7, enacted by Laws 1969, ch. 119, § 7; 1978 Comp., § 7-34-7, 2025, ch. 130, § 146.
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.