2021 New Mexico Statutes
Article 32 - Oil and Gas Ad Valorem Production Tax
Section 7-32-17 - Repealed.

Repeals. — Laws 1985, ch. 65, § 46 repealed 7-32-17 NMSA 1978, as enacted by Laws 1959, ch. 55, § 17, relating to tax payment under protest, suit authorized, effective July 1, 1985.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 7 - Taxation

Article 32 - Oil and Gas Ad Valorem Production Tax

Section 7-32-1 - Title.

Section 7-32-2 - Definitions.

Section 7-32-3 - Repealed.

Section 7-32-4 - Ad valorem tax levied; collected by division; rate; interest owner's liability to state; Indian liability.

Section 7-32-5 - Assessed value; method of determining.

Section 7-32-6 - Value may be determined by commission; standard.

Section 7-32-7 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.

Section 7-32-8 - Products on which tax has been levied; regulation by commission.

Section 7-32-9 - Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.

Section 7-32-10 - Operator's report; tax remittance; additional information.

Section 7-32-11 - Purchaser's report; tax remittance; additional information.

Section 7-32-12 - Repealed.

Section 7-32-13 - Division shall prepare schedules and forward to assessors; assessor shall deliver schedule to treasurer.

Section 7-32-14 - Monthly report to department of finance and administration; remittance to state and county treasurers; state and county treasurers may distribute funds.

Section 7-32-15 - Determination of assessed values for taxing districts.

Section 7-32-16 - Repealed.

Section 7-32-17 - Repealed.

Section 7-32-18 - Repealed.

Section 7-32-19 - Repealed.

Section 7-32-20 - Repealed.

Section 7-32-21 - Repealed.

Section 7-32-22 - Repealed.

Section 7-32-23 - Repealed.

Section 7-32-24 - Repealed.

Section 7-32-25 - Repealed.

Section 7-32-26 - Repealed.

Section 7-32-27 - Repealed.

Section 7-32-28 - Advance payment required.