Chapter 7, Article 16B NMSA 1978 may be cited as the “Alternative Fuel Tax Act”. History: Laws 1995, ch. 16, § 1; 2014, ch. 34, § 1. ANNOTATIONS Cross references. — For the Petroleum Products Loading Fee Act, see 7-13A-1 NMSA 1978 et seq. For the Special Fuel Suppliers Tax Act, see 7-16A-1 NMSA 1978 […]
The department shall interpret the provisions of the Alternative Fuel Tax Act. The department shall administer and enforce the collection of the alternative fuel excise tax, and the Tax Administration Act [Chapter 7, Article 1 NMSA 1978] applies to the administration and enforcement of the tax. History: Laws 1995, ch. 16, § 10. ANNOTATIONS Effective […]
To encourage the use of alternative fuel for the propulsion of motor vehicles on the roads of New Mexico, thereby increasing the market for supplies of New Mexico natural gas and reducing harmful environmental emissions, it is the purpose of the Alternative Fuel Tax Act to provide for fair taxation of alternative fuel used for […]
As used in the Alternative Fuel Tax Act: A. “alternative fuel” means liquefied petroleum gas, compressed natural gas, liquefied natural gas or a water-phased hydrocarbon fuel emulsion consisting of a hydrocarbon base and water in an amount not less than twenty percent by volume of the total water-phased fuel emulsion, all of which may be […]
A. For the privilege of distributing alternative fuel in this state, there is imposed an excise tax at a rate provided in Subsection C of this section on each gallon of alternative fuel distributed in New Mexico. B. The tax imposed by this section may be called the “alternative fuel excise tax”. C. For each […]
A. Alternative fuel distributed to or used by the United States or any agency or instrumentality thereof for the exclusive use of the United States or any agency or instrumentality thereof is exempt from the imposition of the alternative fuel excise tax. B. Alternative fuel distributed to or used by the state of New Mexico […]
A. Alternative fuel distributors shall file alternative fuel excise tax returns in form and content as prescribed by the secretary on or before the twenty-fifth day of the month following the month in which alternative fuel is distributed in New Mexico. Payment of the alternative fuel excise tax shall be made with or prior to […]
A. Alternative fuel users who elect to be subject to the provisions of Subsection D of Section 4 [7-16B-4 NMSA 1978] of the Alternative Fuel Tax Act shall pay the annual tax concurrent with vehicle registration. B. The department shall issue an alternative fuel user permit in a form designed by the department valid for […]
A. The department shall issue a license valid for up to three years to each alternative fuel distributor upon the filing of an application by the alternative fuel distributor acceptable to the department. B. To secure an alternative fuel distributor license, an applicant shall: (1) register as an alternative fuel distributor under the provisions of […]
It is a violation of the Alternative Fuel Tax Act to: A. operate a motor vehicle upon the highways of this state with a connection between a cargo or other tank or container, not considered in the Alternative Fuel Tax Act as being the motor vehicle’s fuel supply tank, and a carburetor or other fuel […]
