Notice to secretary of taxation and revenue.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Natural Gas and Crude Oil Production Incentives
  5. Notice to secretary of taxation and revenue.

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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.

ANNOTATIONS

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


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