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NEW MEXICO STATUTES AND CODES

Section 7-24-15 - Administrative charge.

7-24-15. Administrative charge.

The department may deduct an amount not to exceed five percent of the proceeds of a local liquor excise tax as a charge for the administrative costs of collection, which amount shall be retained by the department for use in administration of the Local Liquor Excise Tax Act [7-24-8 NMSA 1978].   

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