Section 7-29B-5 - Notice to secretary of taxation and revenue.

NM Stat § 7-29B-5 (2019) (N/A)
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The division shall notify immediately the secretary of taxation and revenue upon:

A. adoption of rules pursuant to the provisions of the Natural Gas and Crude Oil Production Incentive Act;

B. certification of the date that production has been restored on a production restoration project;

C. certification of the date that a well workover project has been completed; and

D. certification of the stripper well properties for the fiscal year.

History: Laws 1995, ch. 15, § 5; 1999, ch. 256, § 6.

The 1999 amendment, effective June 18, 1999, deleted "and regulations" following "rules" in Subsection A, and added Subsection D.