N.M. Stat. § 7-1-6.22

This is the official text of N.M. Stat. § 7-1-6.22, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.

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§ 7-1-6.22. Distributions to oil and gas production tax fund, oil and gas equipment tax fund and copper production tax fund; creation of funds

Official statutory text

A. A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the “oil and gas production tax fund”, hereby created in the state treasury, of the net receipts including advance payments, attributable to the Oil and Gas Ad Valorem Production Tax Act. 1

B. A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the “oil and gas equipment tax fund”, hereby created in the state treasury, of the net receipts attributable to the Oil and Gas Production Equipment Ad Valorem Tax Act. 2

C. A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the “copper production tax fund”, hereby created in the state treasury, of the net receipts attributable to the Copper Production Ad Valorem Tax Act. 3

Status: in_force

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.