A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the local governments road fund in an amount equal to nine and fifty-two hundredths percent of the net receipts attributable to the taxes, exclusive of penalties and interest, from the special fuel excise tax imposed by the Special Fuels Supplier Tax Act [Chapter 7, Article 16A NMSA 1978]. History: 1978 Comp., § 7-1-6.39, enacted by Laws 1995, ch. 6, § 9; 2003 (1st S.S.), ch. 3, § 2. ANNOTATIONSCross references. — For the local governments road fund, see 67-3-28.2 NMSA 1978. The 2003 (1st S.S.) amendment, effective July 1, 2004, substituted 'nine and fifty-two' for 'eleven and eleven' following 'amount equal to' near the middle of the section.
New Mexico Legal Code