Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 1 - Administration, 7-1-1 through 7-1-82. > Section 7-1-6.19 - Distribution; county government road fund created.

Section 7-1-6.19 - Distribution; county government road fund created.

7-1-6.19. Distribution; county government road fund created.

A.     There is created in the state treasury the "county government road fund".   

B.     A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the county government road fund in an amount equal to five and seventy-six hundredths percent of the net receipts attributable to the gasoline tax.