reglab/housing_qa huggingface dataset:
NM Stat § 7-14-6 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-6 - Exemptions from tax.

A. A person who acquires a vehicle out of state thirty or more days before establishing a domicile in this state is exempt from the tax if the vehicle was acquired for personal use. B. A person applying for a certificate of title for a vehicle registered in another state is exempt from the tax if the person has previously registered and titled the vehicle in New Mexico and has owned the vehicle continuously since that time. C. A vehicle with a certificate of title owned by this state or any political subdivision is exempt from the tax. D. A person is exempt from the tax if the person has a disability at the time the person purchases a vehicle and can prove to the motor vehicle division of the department or its agent that modifications have been made to the vehicle that are: (1) due to that person's disability; and (2) necessary to enable that person to drive that vehicle or be transported in that vehicle. E. A person is exempt from the tax if the person is a bona fide resident of New Mexico who served in the armed forces of the United States and who suffered, while serving in the armed forces or from a service-connected cause, the loss or complete and total loss of use of: (1) one or both legs at or above the ankle; or (2) one or both arms at or above the wrist. F. A person who acquires a vehicle for subsequent lease shall be exempt from the tax if: (1) the person does not use the vehicle in any manner other than holding it for lease or sale or leasing or selling it in the ordinary course of business; (2) the lease is for a term of more than six months; (3) the receipts from the subsequent lease are subject to the gross receipts tax; and (4) the vehicle does not have a gross vehicle weight of over twenty-six thousand pounds. G. From July 1, 2004 through June 30, 2009, vehicles that are gasoline-electric hybrid vehicles with a United States environmental protection agency fuel economy rating of at least twenty-seven and one-half miles per gallon are eligible for a one-time exemption from the tax at the time of the issuance of the original certificate of title for the vehicle. History: 1978 Comp., § 7-14-6, enacted by Laws 1988, ch. 73, § 16; 1990, ch. 24, § 1; 1994, ch. 139, § 1; 2004, ch. 66, § 3; 2007, ch. 319, § 1. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, rewrote Subsection D and added a new Subsection E. The 2004 amendments, effective July 1, 2004, added Subsection F. The 1994 amendment, effective May 18, 1994, added Subsection E. The 1990 amendment, effective June 1, 1990, deleted former Subsection A relating to the exemption for the person on active duty in the military service or as officers of the public health service and redesignated former Subsections B to E as present Subsections A to D.
NM Stat § 7-14-7 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-7 - Credit against tax.

If a vehicle has been acquired through an out-of-state transaction upon which a gross receipts, sales, compensating or similar tax was levied by another state or political subdivision thereof, the amount of the tax paid may be credited against the tax due this state on the same vehicle. History: 1978 Comp., § 7-14-7, enacted by Laws 1988, ch. 73, § 17. ANNOTATIONSEffective dates. — Laws 1988, ch. 73, § 58 made Laws 1988, ch. 73, § 17 effective July 1, 1988.
NM Stat § 7-14-8 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-8 - Imposition of penalty for failure to make timely application.

A penalty of fifty percent of the tax is imposed on any person who is: A. domiciled in this state and accepts transfer in this state, but fails to apply for a certificate of title within ninety days of the date on which ownership of the vehicle was transferred to the person; or B. domiciled in this state but accepts transfer outside this state and fails to apply for a certificate of title within ninety days of the date on which the vehicle is brought into this state. History: 1978 Comp., § 7-14-8, enacted by Laws 1988, ch. 73, § 18. ANNOTATIONSEffective dates. — Laws 1988, ch. 73, § 58 made Laws 1988, ch. 73, § 18 effective July 1, 1988.
NM Stat § 7-14-9 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-9 - Refunds; procedures.

A. If any person believes that the person has made payment of any motor vehicle excise tax in excess of that for which the person was liable or has been denied any credit against motor vehicle excise tax, that person may claim a refund by directing to the secretary a claim for refund in accordance with the provisions of Section 7-1-26 NMSA 1978. B. The department may authorize refunds of the motor vehicle excise tax in accordance with the provisions of Section 7-1-29 NMSA 1978. History: 1978 Comp., § 7-14-9, enacted by Laws 1988, ch. 73, § 19; 1993, ch. 347, § 2. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, deleted "protests" following "Refunds" in the catchline; deleted former Subsection B, pertaining to the procedure for protests of denial of a claim for refund; redesignated former Subsection C as present Subsection B; and made minor stylistic changes in Subsection A.
NM Stat § 7-14-9.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-9.1 - Protests.

A. Any person upon whom a penalty is imposed by the Motor Vehicle Excise Tax Act may protest the imposition of the penalty in accordance with the provisions of Sections 7-1-24 and 7-1-25 NMSA 1978. B. Any person whose claim for refund of motor vehicle excise tax is denied in whole or in part may protest the denial in accordance with the provisions of Sections 7-1-24 and 7-1-25 NMSA 1978. History: Laws 1993, ch. 347, § 4. ANNOTATIONSEffective dates. — Laws 1993, ch. 347, § 6 made Laws 1993, ch. 347, § 4 effective July 1, 1993.
NM Stat § 7-14-9.2 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-9.2 - Penalties for failure to submit report or to pay; interest.

A. Any person required to submit the report required by Subsection C of Section 7-14-7.1 NMSA 1978 who does not file the report in the manner and by the date required shall pay a penalty in an amount equal to five percent of the total amount of tax suspended pursuant to Subsection A of Section 7-14-7.1 NMSA 1978 for vehicles required to be included in the report. B. Any person required to pay any amount pursuant to Subsection D of Section 7-14-7.1 NMSA 1978 who fails to pay the amount by the date required is liable for penalty in an amount equal to the greater of five dollars ($5.00) or two percent per month or any fraction of a month from the date the amount was due multiplied by the amount of tax due but not paid, not to exceed a maximum of ten percent of the tax due but not paid. C. If any person required to pay any amount pursuant to Subsection D of Section 7-14-7.1 NMSA 1978 fails to pay the amount by the date required, interest shall be paid to the state on such amount in accordance with the provisions of Section 7-1-67 NMSA 1978. History: Laws 1993, ch. 347, § 5; 1994, ch. 104, § 2. ANNOTATIONSThe 1994 amendment, effective May 18, 1994, deleted "motor vehicle excise" preceding "tax" in Subsection A; in Subsection B, deleted "of motor vehicle tax" following "any amount," substituted "D" for "F or G," substituted "amount" for "tax" preceding "was due," and deleted "motor vehicle excise" preceding the first occurrence of "tax due"; and in Subsection C, substituted "pursuant to Subsection D" for "of motor vehicle excise tax pursuant to Subsection F or G." Applicability. — Laws 1994, ch. 104, § 3 made the provisions of §§ 1 and 2 of the act applicable to vehicle registered on or after January 1, 1994, and to vehicles registered during 1993 and for which the motor vehicle excise tax was suspended during the last six months of the year.
NM Stat § 7-14-10 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-10 - Distribution of proceeds.

The receipts from the tax and any associated interest and penalties shall be deposited in the "motor vehicle suspense fund", hereby created in the state treasury. As of the end of each month, the net receipts attributable to the tax and associated penalties and interest shall be distributed as follows:A. fifty-nine and thirty-nine hundredths percent to the general fund;B. twenty-one and eighty-six hundredths percent to the state road fund; andC. eighteen and seventy-five hundredths percent to the transportation project fund. History: 1978 Comp., § 7-14-10, enacted by Laws 1988, ch. 73, § 20; 1991, ch. 9, § 35; 1993, ch. 347, § 3; 1994, ch. 5, § 25; 2018, ch. 3, § 1; 2019, ch. 270, § 45; 2021, ch. 22, § 1. ANNOTATIONSThe 2021 amendment, effective July 1, 2021, changed a distribution of the motor vehicle excise tax from the local governments road fund to the transportation project fund; deleted former Subsection A, deleted subsection designation "B.", deleted the language from former Subsection B, "beginning July 1, 2021", and redesignated former Paragraphs B(1) through B(3) as Subsections A through C, respectively; and in Subsection C, after "percent to the", deleted "local governments road" and added "transportation project".The 2019 amendment, effective July 1, 2019, revised how funds from the motor vehicle suspense fund are distributed; and deleted former Subsections A and B and added new Subsections A and B.The 2018 amendment, effective July 1, 2018, distributed a portion of the revenue from the motor vehicle excise tax to the state road fund; in the introductory clause, after "shall be distributed", added "as follows:"; added Subsection A and new subsection designation "B."; and in Subsection B, added "the remainder". The 1994 amendment, effective August 1, 1994, deleted former Subsections A and B, relating to distribution of receipts, deleted "motor vehicle excise" preceding "tax" in both sentences, and substituted "to the general fund" for "as follows" in the second sentence. The 1993 amendment, effective July 1, 1993, substituted "governments" for "government's" in Subsection B. The 1991 amendment, effective July 1, 1991, deleted former Subsection A which read "five-twelfths to the state road fund"; redesignated former Subsections B and C as Subsections A and B; substituted "three-fourths" for "one-third" in Subsection A; and substituted "one-fourth" for "the remainder" in Subsection B.
NM Stat § 7-14-11 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14 - Motor Vehicle Excise Tax|Section 7-14-11 - Administration by department; authority of department.

A. The department has the authority and duty to administer the Motor Vehicle Excise Tax Act and to impose, collect and enforce the motor vehicle excise tax. B. The department has the authority to interpret the provisions of the Motor Vehicle Excise Tax Act and to promulgate regulations with respect to that act. The extent to which regulations will have retroactive effect shall be stated and, if no such statement is made, they will be applied prospectively only. History: 1978 Comp., § 7-14-11, enacted by Laws 1988, ch. 73, § 21. ANNOTATIONSEffective dates. — Laws 1988, ch. 73, § 58 made Laws 1988, ch. 73, § 21 effective July 1, 1988.
NM Stat § 7-14A-1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-1 - Short title.

Chapter 7, Article 14A NMSA 1978 may be cited as the "Leased Vehicle Gross Receipts Tax Act". History: Laws 1991, ch. 197, § 5; 1993, ch. 30, § 20. ANNOTATIONSThe 1993 amendment, effective June 18, 1993, substituted "Chapter 7, Article 14A NMSA 1978" for "Sections 5 through 15 of this Act".
NM Stat § 7-14A-3 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-3 - Imposition and rate of tax; denomination as "leased vehicle gross receipts tax".

A. For the privilege of engaging in business, an excise tax equal to five percent of gross receipts is imposed on any person engaging in business in New Mexico. B. The tax imposed by this section shall be referred to as the "leased vehicle gross receipts tax". History: Laws 1991, ch. 197, § 7. ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 7 effective July 1, 1991.
NM Stat § 7-14A-3.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-3.1 - Imposition and rate; leased vehicle surcharge.

A. Except as provided in Subsection B of this section, there is imposed a surcharge on the leasing of a vehicle to another person by a person engaging in business in New Mexico if the lease is subject to the leased vehicle gross receipts tax. The amount of this surcharge is two dollars ($2.00) for each day the vehicle is leased by the person. The surcharge may be referred to as the "leased vehicle surcharge". B. The leased vehicle surcharge imposed in Subsection A of this section shall not apply to the lease of a temporary replacement vehicle if the lessee signs a statement that the temporary replacement vehicle is to be used as a replacement for another vehicle that is being repaired, serviced or replaced. For the purposes of this section, "temporary replacement vehicle" means a vehicle that is: (1) used by an individual in place of another vehicle that is unavailable for use by the individual due to loss, damage, mechanical breakdown or need for servicing; and (2) leased temporarily by or on behalf of the individual or loaned temporarily to the individual by a vehicle repair facility or dealer while the other vehicle is being repaired, serviced or replaced. History: Laws 1993, ch. 359, § 1; 2007, ch. 172, § 22. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, added Subsection B.
NM Stat § 7-14A-4 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-4 - Presumption of taxability.

To prevent evasion of the leased vehicle gross receipts tax and the leased vehicle surcharge and to aid in their administration, it is presumed that all receipts of a person engaging in business are subject to the leased vehicle gross receipts tax and that all vehicles leased by that person are subject to the leased vehicle surcharge. History: Laws 1991, ch. 197, § 8; 1993, ch. 359, § 2. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, inserted "and the leased vehicle surcharge", added the language beginning "and that all vehicles" at the end of the section, and made a minor stylistic change.
NM Stat § 7-14A-5 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-5 - Separately stating the leased vehicle gross receipts tax.

When the leased vehicle gross receipts tax is stated separately on the books of the lessor and if the total amount of tax that is stated separately on transactions reportable within one reporting period is in excess of the amount of leased vehicle gross receipts tax otherwise payable on the transactions on which the tax was separately stated, the excess amount of tax stated on the transactions within that reporting period shall be included in gross receipts. History: Laws 1991, ch. 197, § 9. ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 9 effective July 1, 1991.
NM Stat § 7-14A-6 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-6 - Date payment due.

The tax and the surcharge imposed by the Leased Vehicle Gross Receipts Tax Act are to be paid on or before the twenty-fifth day of the month following the month in which the taxable event occurs. History: Laws 1991, ch. 197, § 10; 1993, ch. 359, § 3. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, inserted "and the surcharge" and made a minor stylistic change.
NM Stat § 7-14A-7 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-7 - Deduction; transactions in interstate commerce.

Receipts from transactions in interstate commerce may be deducted from gross receipts to the extent that the imposition of the leased vehicle gross receipts tax would be unlawful under the United States constitution. History: Laws 1991, ch. 197, § 11. ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 11 effective July 1, 1991.
NM Stat § 7-14A-8 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-8 - Deduction; trade-in allowance.

Receipts represented by allowances granted for vehicle trade-ins may be deducted from gross receipts. History: Laws 1991, ch. 197, § 12. ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 12 effective July 1, 1991.
NM Stat § 7-14A-9 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-9 - Exemption; vehicles titled before July 1, 1991.

The receipts from the leasing by the owner of vehicles that were acquired by the owner prior to July 1, 1991 and with respect to which the excise tax pursuant to Section 7-14-3 NMSA 1978 was paid and a certificate of title issued prior to July 1, 1991 are exempt from the tax imposed by Section 7 [7-14A-3 NMSA 1978] of this act. History: Laws 1991, ch. 197, § 13. ANNOTATIONSEffective dates. — Laws 1991, ch. 197, § 16 made Laws 1991, ch. 197, § 13 effective July 1, 1991.
NM Stat § 7-14A-10 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-10 - Distribution of proceeds.

At the end of each month, the net receipts attributable to the leased vehicle gross receipts tax and any associated penalties and interest shall be distributed as follows: A. one-fourth to the local governments road fund; and B. three-fourths to the highway infrastructure fund. History: Laws 1991, ch. 197, § 14; 1999 (1st S.S.), ch. 9, § 1. ANNOTATIONSThe 1999 amendment, effective July 1, 1999, substituted present Subsections A and B for former Subsections A and B, relating to the manner of distribution of the net receipts.
NM Stat § 7-14A-11 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 14A - Leased Vehicle Gross Receipts Tax|Section 7-14A-11 - Administration.

A. The department shall interpret the provisions of the Leased Vehicle Gross Receipts Tax Act. B. The department shall administer and enforce the collection of the leased vehicle gross receipts tax and the leased vehicle surcharge, and the Tax Administration Act applies to the administration and enforcement of the tax and the surcharge. History: Laws 1991, ch. 197, § 15; 1993, ch. 359, § 4. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, inserted "and the leased vehicle surcharge" near the middle and added "and the surcharge" at the end, in Subsection B.
NM Stat § 7-15-1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-1 - Recompiled.

ANNOTATIONSRecompilations. — Laws 1988, ch. 73, § 24 recompiled former 7-15-1 NMSA 1978, relating to computation of the trip tax, as 7-15-3.1 NMSA 1978, effective July 1, 1988.
NM Stat § 7-15-1.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-1.1 - Short title.

Chapter 7, Article 15 NMSA 1978 may be cited as the "Trip Tax Act". History: 1978 Comp., § 7-15-1.1, enacted by Laws 1988, ch. 73, § 22.
NM Stat § 7-15-2 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-2 - Repealed.

ANNOTATIONSRepeals. — Laws 1988, ch. 73, § 56A, repealed 7-15-2 NMSA 1978, as enacted by Laws 1943, ch. 125, § 13, relating to exemption from mileage tax of certain vehicles transporting farm products, effective July 1, 1988.
NM Stat § 7-15-2.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-2.1 - Definitions.

As used in the Trip Tax Act:A. "combination gross vehicle weight" means the sum total of the gross vehicle weights of all units of a combination;B. "commercial motor carrier vehicle" means any motor vehicle with a gross weight of twelve thousand pounds or more used or reserved for use in the transportation of persons, property or merchandise for hire, compensation or profit or in the furtherance of a commercial enterprise or any vehicle used or maintained primarily for the transportation of property or merchandise or for drawing other vehicles so used or maintained;C. "department" means the department of transportation, the secretary of transportation and any employee of the department of transportation exercising authority lawfully delegated to that employee by the secretary;D. "gross vehicle weight" means the weight of a vehicle without load, plus the weight of any load;E. "motor vehicle" means every vehicle which is self-propelled and every vehicle which is propelled by electric power obtained from batteries or from overhead trolley wires, but not operated upon rails;F. "registrant" means the person who has registered the vehicle pursuant to the laws of this state or another state;G. "trip tax" means the use fee imposed under the Trip Tax Act; and H. "vehicle" means every device in, upon or by which any person or property is or may be transported or drawn upon a highway, including any frame, chassis or body of any vehicle or motor vehicle, except devices moved by human power or used exclusively upon stationary rails or tracks. History: 1978 Comp., § 7-15-2.1, enacted by Laws 1988, ch. 73, § 23; 1998 (1st S.S.), ch. 10, § 1; 2021, ch. 59, § 1. ANNOTATIONSThe 2021 amendment, effective June 18, 2021, replaced the department of public safety with the department of transportation in the definition of "department", as used in the Trip Tax Act; and in Subsection C, changed "public safety" to "transportation" throughout, and after "employee of the department", added "of transportation".The 1998 amendment, effective July 1, 1998, substituted "department of public safety" and "secretary of public safety" for "taxation and revenue department" and "secretary of revenue", respectively, in Subsection C.
NM Stat § 7-15-3 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-3 - Repealed.

ANNOTATIONSRepeals. — Laws 1988, ch. 73, § 56A repealed 7-15-3 NMSA 1978, as enacted by Laws 1943, ch. 125, § 14, relating to exemption from mileage tax of retail merchants doing business outside of state when transporting farm products to wholesalers or manufacturers, effective July 1, 1988.
NM Stat § 7-15-3.2 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 15 - Trip Tax|Section 7-15-3.2 - Exemption from tax.

Exempted from imposition of the trip tax is the use of the highways of this state by commercial motor carrier vehicles while operating exclusively within ten miles of a border with Mexico in conjunction with crossing the border with Mexico. History: Laws 2006, ch. 44, § 1. ANNOTATIONSEffective dates. — Laws 2006, ch. 44 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 17, 2006, 90 days after adjournment of the legislature.