New Mexico Code § 7-16B-2

Purpose
Open in Lexace · Ask the AI about this section
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 such purposes.
History: Laws 1995, ch. 16, § 2.
Effective dates. — Laws 1995, ch. 16, § 17 made Laws 1995, ch. 16, § 2 effective January 1, 1996.

‹ Prev All New Mexico sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.