N.M. Stat. § 7-25-2

Current through 2024, ch. 69
Section 7-25-2 - Purpose

The purpose of the Resources Excise Tax Act is to provide revenue for public purposes by levying a tax on the privilege of severing and processing natural resources within New Mexico.

NMS § 7-25-2

1953 Comp., § 72-16A-21, enacted by Laws 1966, ch. 48, § 2.