reglab/housing_qa huggingface dataset:
NM Stat § 7-32-6 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-6 - Value may be determined by commission; standard.

The commission may determine the value of products severed from a production unit when: A. the operator and purchaser are affiliated persons; or when B. the sale and purchase of products is not an arm's length transaction; or when C. products are severed and removed from a production unit and a value as defined in this act is not established for such products. The value determined by the commission shall be commensurate with the actual price received for products of like quality, character and use which are severed in the same field or area. History: 1953 Comp., § 72-22-6, enacted by Laws 1959, ch. 55, § 6. ANNOTATIONSCompiler's notes. — The term "this act", as it appears in Subsection C, means Laws 1959, ch. 55, compiled as 7-32-1, 7-32-2, 7-32-4 to 7-32-11, 7-32-13 to 7-32-15 NMSA 1978. Cross references. — For meaning of "commission", see 7-32-2A NMSA 1978. Determination of value. — The statute does not mandate the way in which the department must calculate processing costs, whether by a comparable value or by some other method. Rather, the final value of natural gas calculated by the department must be commensurate with similar products. Chevron U.S.A., Inc. v. State ex rel. Taxation and Revenue Dep't, 2006-NMCA-050, 139 N.M. 498, 134 P.3d 785, cert. denied, 2006-NMCERT-005, 139 N.M. 567, 136 P.3d 568.
NM Stat § 7-32-7 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-7 - Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund.

When an increase in the value of any product is subject to the approval of any agency of the United States of America or the state of New Mexico or any court, the increased value shall be subject to this tax. In the event the increase in value is disapproved, either in whole or in part, then the amount of tax which has been paid on the disapproved part of the value shall be considered excess tax. Any person who has paid any such excess tax may apply for a refund of that excess tax in accordance with the provisions of Section 7-1-26 NMSA 1978. History: 1953 Comp., § 72-22-7, enacted by Laws 1959, ch. 55, § 7; 1985, ch. 65, § 37.
NM Stat § 7-32-8 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-8 - Products on which tax has been levied; regulation by commission.

This tax shall not be levied more than once on the same product. Reporting of products on which this tax has been paid shall be subject to the regulation of the commission. History: 1953 Comp., § 72-22-8, enacted by Laws 1959, ch. 55, § 8. ANNOTATIONSCross references. — For meaning of "commission", see 7-32-2A NMSA 1978.
NM Stat § 7-32-9 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-9 - Operator or purchaser to withhold interest owner's tax; commission may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed.

Any operator making a monetary payment to an interest owner for his portion of the value of products from a production unit shall withhold from such payment the amount of tax due from any interest owner. Any purchaser, who, by express or implied agreement with the operator, makes a monetary payment to an interest owner for his portion of the value of products from a production unit, shall withhold from such payment the amount of tax due from the interest owner. The commission may require any purchaser making a monetary payment to an interest owner for his portion of the value of products from a production unit to withhold from such payment the amount of tax due from the interest owner. Any operator or purchaser who pays any tax due from an interest owner shall be entitled to reimbursement from the interest owner for the tax so paid, and may take credit for such amount from any monetary payment to the interest owner for the value of products. History: 1953 Comp., § 72-22-9, enacted by Laws 1959, ch. 55, § 9. ANNOTATIONSCross references. — For meaning of "commission", see 7-32-2A NMSA 1978.
NM Stat § 7-32-10 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-10 - Operator's report; tax remittance; additional information.

Each operator shall in the form and manner required by the division make a return to the division showing the total value, volume and kind of products sold from each production unit for each calendar month. All taxes due or to be remitted by the operator shall accompany this return. The return shall be filed on or before the twenty-fifth day of the second month after the calendar month for which the return is required. Any additional report or information the division may deem necessary for the proper administration of the Oil and Gas Ad Valorem Production Tax Act may be required. History: 1953 Comp., § 72-22-10, enacted by Laws 1959, ch. 55, § 10; 1986, ch. 5, § 8. ANNOTATIONSCross references. — For meaning of "division", see 7-32-2A NMSA 1978.
NM Stat § 7-32-11 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-11 - Purchaser's report; tax remittance; additional information.

Each purchaser shall in the form and manner required by the division make a return to the division showing the total value, volume and kind of products purchased by him from each production unit for each calendar month. All taxes due or to be remitted by the purchaser shall accompany this return. The return shall be filed on or before the twenty-fifth day of the second month after the calendar month for which the return is required. Any additional reports or information the division may deem necessary for the proper administration of the Oil and Gas Ad Valorem Production Tax Act may be required. History: 1953 Comp., § 72-22-11, enacted by Laws 1959, ch. 55, § 11; 1986, ch. 5, § 9. ANNOTATIONSCross references. — For meaning of "division", see 7-32-2A NMSA 1978.
NM Stat § 7-32-12 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-12 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-12 NMSA 1978, as enacted by Laws 1959, ch. 55, § 12, relating to the oil and gas accounting commission ad valorem tax fund, effective July 1, 1985.
NM Stat § 7-32-13 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-13 - Division shall prepare schedules and forward to assessors; assessor shall deliver schedule to treasurer.

By the last day of each month, the division shall prepare and certify a schedule to the respective counties in which production units are located. The schedules shall reflect the accounting of the preceding month and shall list each production unit, and by production unit show the assessed value, taxing district, extension of tax levies, tax payments and other information as the director of the division deems appropriate. The schedules shall be forwarded to the assessors of the respective counties who upon receipt thereof shall accept them as the assessment of property as required in the Oil and Gas Ad Valorem Production Tax Act and shall deliver them to the county treasurer as the oil and gas ad valorem schedule for the county. History: 1953 Comp., § 72-22-13, enacted by Laws 1959, ch. 55, § 13; 1985, ch. 65, § 38. ANNOTATIONSCross references. — For meaning of "division", see 7-32-2A NMSA 1978.
NM Stat § 7-32-14 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-14 - Monthly report to department of finance and administration; remittance to state and county treasurers; state and county treasurers may distribute funds.

A. By the last day of each month, the department shall prepare and certify a report to the secretary of finance and administration. The report shall be for the preceding month and shall show the amount of taxes collected and distributed to the oil and gas production tax fund, the amount due the state and each taxing district imposing a tax as reflected by the schedules prepared pursuant to Section 7-32-13 NMSA 1978 and any other information required by the secretary of finance and administration. The secretary of finance and administration shall forthwith remit the appropriate amounts from the oil and gas production tax fund to the state treasurer and the respective county treasurers. The state treasurer and the county treasurers shall, upon receipt of such remittance, make appropriate distribution of the proceeds thereof, except as provided in Subsection B of this section. B. If the board of county commissioners notifies the secretary of finance and administration that the county elects not to distribute the proceeds of the oil and gas ad valorem production tax due the municipalities, community college districts and school districts within the county, the secretary of finance and administration shall pay amounts due directly to municipalities, community college districts and school districts within the county. History: 1953 Comp., § 72-22-14, enacted by Laws 1959, ch. 55, § 14; 1963, ch. 88, § 1; 1977, ch. 247, § 186; 1983, ch. 221, § 1; 1985, ch. 65, § 39; 1993, ch. 131, § 1. ANNOTATIONSCross references. — For the oil and gas production tax fund, see 7-1-6.22 NMSA 1978. The 1993 amendment, effective March 31, 1993, substituted "department" for "division" in the first sentence of Subsection A and inserted "community college districts" twice in Subsection B.
NM Stat § 7-32-15 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-15 - Determination of assessed values for taxing districts.

To determine for any purpose the total assessed value of property required to be assessed under the Oil and Gas Ad Valorem Production Tax Act for any taxing district, the assessed value of the taxing district as is reflected by the oil and gas ad valorem production tax schedules of the twelve months of the calendar year preceding the determination shall be used. History: 1953 Comp., § 72-22-15, enacted by Laws 1959, ch. 55, § 15; 1985, ch. 65, § 40. ANNOTATIONS
NM Stat § 7-32-16 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-16 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-16 NMSA 1978, as enacted by Laws 1959, ch. 55, § 16, relating to tax paid erroneously, refund, effective July 1, 1985.
NM Stat § 7-32-17 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-17 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-17 NMSA 1978, as enacted by Laws 1959, ch. 55, § 17, relating to tax payment under protest, suit authorized, effective July 1, 1985.
NM Stat § 7-32-18 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-18 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-18 NMSA 1978, as enacted by Laws 1959, ch. 55, § 18, relating to interest and penalties, restraint from severing products, effective July 1, 1985.
NM Stat § 7-32-19 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-19 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-19 NMSA 1978, as enacted by Laws 1959, ch. 55, § 19, relating to subpoena power, misdemeanor fine, effective July 1, 1985.
NM Stat § 7-32-20 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-20 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-20 NMSA 1978, as enacted by Laws 1959, ch. 55, § 20, relating to refusal to make return, commission may assess, assessment binding on taxpayer, effective July 1, 1985.
NM Stat § 7-32-21 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-21 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-21 NMSA 1978, as enacted by Laws 1959, ch. 55, § 21, relating to restraining order, injunction, effective July 1, 1985.
NM Stat § 7-32-22 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-22 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-22 NMSA 1978, as enacted by Laws 1959, ch. 55, § 22, relating to personal debt, action in any district court, effective July 1, 1985.
NM Stat § 7-32-23 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-23 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-23 NMSA 1978, as enacted by Laws 1959, ch. 55, § 23, relating to lien against property, notice to be filed, notice to debtor, effective July 1, 1985.
NM Stat § 7-32-24 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-24 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-24 NMSA 1978, as enacted by Laws 1959, ch. 55, § 24, relating to sale of property to satisfy lien, effective July 1, 1985.
NM Stat § 7-32-25 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-25 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-25 NMSA 1978, as enacted by Laws 1959, ch. 55, § 25, relating to payment of taxes to release lien, effective July 1, 1985.
NM Stat § 7-32-26 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-26 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-26 NMSA 1978, as enacted by Laws 1959, ch. 55, § 26, relating to remedies cumulative, effective July 1, 1985.
NM Stat § 7-32-27 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-27 - Repealed.

ANNOTATIONSRepeals. — Laws 1985, ch. 65, § 46 repealed 7-32-27 NMSA 1978, as enacted by Laws 1959, ch. 55, § 27, relating to limitation of actions, effective July 1, 1985.
NM Stat § 7-32-28 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 32 - Oil and Gas Ad Valorem Production Tax|Section 7-32-28 - Advance payment required.

A. Any person required to make payment of tax pursuant to Section 7-32-10 or 7-32-11 NMSA 1978 shall make the advance payment required by this section. B. For the purposes of this section: (1) "advance payment" means the payment required to be made by this section in addition to any oil and gas ad valorem production tax, penalty or interest due; and (2) "average tax" means the aggregate amount of tax, net of any refunds or credits, paid by a person during the twelve-month period ending March 31 pursuant to the Oil and Gas Ad Valorem Production Tax Act divided by the number of months during that period for which the person made payment. C. Each year, prior to July 1, each person required to pay tax pursuant to the Oil and Gas Ad Valorem Production Tax Act shall compute the average tax for the period ending March 31 of that year. The average tax calculated for a year shall be used during the twelve-month period beginning with July of that year and ending with June of the following year as the basis for making the advance payments required by Subsection D of this section. D. Every month, beginning with July 1991, every person required to pay tax in a month pursuant to the Oil and Gas Ad Valorem Production Tax Act shall pay, in addition to any amount of tax, interest or penalty due, an advance payment in an amount equal to the applicable average tax, except: (1) if the person is making a final return under the Oil and Gas Ad Valorem Production Tax Act, no advance payment pursuant to this subsection is due for that return; and (2) as provided in Subsection F of this section. E. Every month, beginning with tax payments due in August 1991, every person required to pay tax pursuant to the Oil and Gas Ad Valorem Production Tax Act may claim a credit equal to the amount of advance payment made in the previous month, except as provided in Subsection F of this section. F. If, in any month, a person is not required to pay tax pursuant to the Oil and Gas Ad Valorem Production Tax Act, that person is not required to pay the advance payment and may not claim a credit pursuant to Subsection E of this section provided that, in any succeeding month when the person has liability under the Oil and Gas Ad Valorem Production Tax Act, the person may claim a credit for any advance payment made and not credited. G. In the event that the date by which a person is required to pay the tax pursuant to the Oil and Gas Ad Valorem Production Tax Act is accelerated to a date earlier than the twenty-fifth day of the second month following the month of production, the advance payment provision contained in this section is null and void and any money held as advance payments shall be credited to the taxpayers' accounts. History: Laws 1991, ch. 9, § 39.
NM Stat § 7-33-1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-1 - Short title.

Chapter 7, Article 33 NMSA 1978 may be cited as the "Natural Gas Processors Tax Act". History: 1953 Comp., § 72-23-1, enacted by Laws 1963, ch. 179, § 1; 1970, ch. 13, § 2; 1985, ch. 65, § 41. ANNOTATIONSLaw reviews. — For article, "New Mexico's Effort at Rational Taxation of Hard-Minerals Extraction," see 10 Nat. Resources J. 415 (1970). For note, "Tribal Severance Taxes - Outside the Purview of the Commerce Clause," see 21 Nat. Resources J. 405 (1981). Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 Am. Jur. 2d State and Local Taxation §§ 218, 219. 84 C.J.S. Taxation § 208.
NM Stat § 7-33-2 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-2 - Definitions.

As used in the Natural Gas Processors Tax Act: A. "average annual taxable value" means the average of the taxable value per mcf, determined pursuant to Section 7-31-5 NMSA 1978, of all natural gas produced in New Mexico for the specified calendar year as determined by the department; B. "department" means the taxation and revenue department, the secretary of taxation and revenue or any employee of the department exercising authority lawfully delegated to that employee by the secretary; C. "fiscal year" means the period starting July 1 and ending June 30 of the succeeding calendar year; D. "mcf" means one thousand cubic feet; E. "mmbtu" means one million British thermal units; F. "natural gas" means any hydrocarbon that at atmospheric conditions of temperature and pressure is in a gaseous state, and includes non-hydrocarbon gases that are in combination with hydrocarbon gases; G. "natural gas processing plant" means a facility used to extract liquid hydrocarbons and non-hydrocarbon gaseous or liquid substances, individually or in any combination, from natural gas, but does not include a facility that refines or processes oil, natural gas or liquid hydrocarbons or that extracts substances from natural gas through a field or lease operation; H. "person" means any individual, estate, trust, receiver, business trust, corporation, firm, copartnership, cooperative, joint venture, association or other group or combination acting as a unit; I. "processor" means a person who operates a natural gas processing plant; and J. "tax" means the natural gas processors tax. History: 1953 Comp., § 72-23-2, enacted by Laws 1963, ch. 179, § 2; 1970, ch. 13, § 3; 1977, ch. 249, § 57; 1986, ch. 20, § 102; 1998, ch. 102, § 1. ANNOTATIONSThe 1998 amendment, effective January 1, 1999, rewrote the section to the extent that a detailed comparison is impracticable. Removal of carbon dioxide was not a field or lease operation. — Where taxpayer, which was a producer of coal seam gas, had carbon dioxide removed from the gas at a processing plant to make the gas marketable or acceptable to interstate pipelines, the taxpayer was subject to the natural gas processors tax, because the removal of carbon dioxide constituted a processing operation that was not exempt as a field or lease operation. Amoco Production Co. v. N.M. Taxation and Revenue Dep't, 2003-NMCA-092, 134 N.M. 162, 74 P.3d 96. State courts may determine if additional tax was imposed increasing gas price. — Whether an additional tax was imposed on gas company's sale of natural gas to other company so as to provide contractual basis for increased price is within state courts' jurisdiction. Pan Am. Petroleum Corp. v. El Paso Natural Gas Co., 1970-NMSC-156, 82 N.M. 193, 477 P.2d 827.
NM Stat § 7-33-3 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-3 - Repealed.

ANNOTATIONSRepeals. — Laws 1989, ch. 115, § 6B repealed 7-33-3 NMSA 1978, as enacted by Laws 1963, ch. 179, § 3, relating to purpose of Natural Gas Processors Tax Act, effective July 1, 1989.
NM Stat § 7-33-5 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-5 - Repealed.

ANNOTATIONSRepeals. — Laws 1998, ch. 102, § 7, repealed 7-33-5 NMSA 1978, as enacted by Laws 1963, ch. 179, § 5, relating to valuing the products of a processor, effective January 1, 1999. For provisions of former section, see the 1997 NMSA 1978 on NMOneSource.com.
NM Stat § 7-33-6 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-6 - Refund.

Any person who has overpaid the tax may apply for a refund of that overpayment in accordance with the provisions of Section 7-1-26 NMSA 1978. History: 1953 Comp., § 72-23-6, enacted by Laws 1963, ch. 179, § 6; 1985, ch. 65, § 42; 1998, ch. 102, § 3. ANNOTATIONSThe 1998 amendment, effective January 1, 1999, deleted "Price increase subject to approval of agency of United States of America, state of New Mexico or court" in the section heading, deleted the first two sentences of the section pertaining to product value being subject to tax, and in the last sentence substituted "overpaid the tax" for "paid any such excess tax" and "overpayment" for "excess tax".
NM Stat § 7-33-7 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 33 - Natural Gas Processors Tax|Section 7-33-7 - Natural gas on which tax has been levied; regulation by department.

The tax shall not be levied more than once on the same natural gas. Reporting of natural gas on which the tax has been paid is subject to the regulation of the department. History: 1953 Comp., § 72-23-7, enacted by Laws 1963, ch. 179, § 7; 1998, ch. 102, § 4. ANNOTATIONSThe 1998 amendment, effective January 1, 1999, substituted "Natural gas" for "Products" and "department" for "commission" in the section heading; substituted "natural gas" for "product" at the end of the first sentence; in the last sentence substituted "natural gas" for "products" and "department" for "commission", and made a minor stylistic change.