This tax shall not be levied more than once on the same product. Reporting of products on which this tax has been paid shall be subject to the regulation of the department.
History: 1953 Comp., § 72-20-8, enacted by Laws 1959, ch. 53, § 8; 1989, ch. 130, § 8.
The 1989 amendment, effective June 16, 1989, substituted "department" for "commission" in the section heading and in the second sentence.
Structure 2021 New Mexico Statutes
Article 30 - Oil and Gas Conservation Tax
Section 7-30-5 - Taxable value; method of determining.
Section 7-30-6 - Value may be determined by department; standard.
Section 7-30-8 - Products on which tax has been levied; regulation by department.
Section 7-30-10 - Operator's report; tax remittance; additional information.
Section 7-30-11 - Purchaser's report; tax remittance; additional information.