Exempted from the gross receipts tax are receipts from the sale of oil, natural gas, liquid hydrocarbon or any combination thereof consumed as fuel in the pipeline transportation of such products. History: 1953 Comp., § 72-16A-12.24, enacted by Laws 1969, ch. 144, § 29. Effective dates. — Laws 1969, ch. 144, § 68 made Laws 1969, ch. 144, § 29 effective July 1, 1969.
‹ 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.