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Section 7-1-6.25 - Distribution of petroleum products loading fee; corrective action fund; local governments road fund.

7-1-6.25. Distribution of petroleum products loading fee; corrective action fund; local governments road fund.

A distribution pursuant to Section 7-1-6.1 NMSA 1978 of the net receipts attributable to the petroleum products loading fee shall be made to each of the following funds in the following amounts:   

A.     to the local governments road fund an amount equal to the net receipts attributable to a fee of forty dollars ($40.00) per load; and   

B.     to the corrective action fund the balance, if any, of the net receipts.

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