7-1-6.28. Distribution; municipal arterial program of local
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/nm/chapter-7-taxation/article-1-administration/7-1-6-28·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
governments road fund.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the municipal arterial program of the local governments road fund created in Section 67-3- 28.2 NMSA 1978 in an amount equal to one and forty-four hundredths percent of the net receipts attributable to the gasoline tax.
History: 1978 Comp., § 7-1-6.28, enacted by Laws 1991, ch. 9, § 22; 1993, ch. 357, § 7; 1994, ch. 5, § 13; 1995, ch. 6, § 8.