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Gasoline Tax Act

New Mexico · Taxation · §§ 7-13-1 to 7-13-9 · 30 sections

Overview

The act imposes an excise tax on gasoline and other internal combustion fuels, collected principally from registered distributors and importers who must hold certificates, file periodic reports, and remit the tax on the fuel they handle. It establishes a system of refunds and rebates for fuel put to uses outside ordinary highway travel — including aviation and jet fuel, certain common carriers, government agencies, and political subdivisions — along with allowances for losses and worthless accounts, each subject to filing requirements and time limits. Revenues are earmarked for designated transportation and recreational purposes, and the act imposes recordkeeping duties, penalties for false or omitted statements, and a tax on fuel held in inventory.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 3 court decisions.

Most-cited authority: 421 F.3d 1128 - Perez v. Ellington

Sections covered

Enacted in other states

Maine

All New Mexico named statutes →

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