7-1-6.30. Distribution; retiree health care fund.
79 words·~1 min read·
/nm/chapter-7-taxation/article-1-administration/7-1-6-30·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the retiree health care fund in an amount equal to one-twelfth of one hundred twelve percent of the total amount distributed to the retiree health care fund in the previous fiscal year.
History: 1978 Comp., § 7-1-6.30, enacted by Laws 1990, ch. 6, § 20; 1992, ch. 55, § 7; 2001, ch. 335, § 1; 2016 (2nd S.S.), ch. 1, § 1; 2025, ch. 130, § 20.