Section 7-29B-5 - Notice to secretary of taxation and revenue. - New Mexico Statutes

7-29B-5. Notice to secretary of taxation and revenue.

The division shall notify immediately the secretary of taxation and revenue upon:   

A.     adoption of rules pursuant to the provisions of the Natural Gas and Crude Oil Production Incentive Act [7-29B-1 NMSA 1978];   

B.     certification of the date that production has been restored on a production restoration project;   

C.     certification of the date that a well workover project has been completed; and   

D.     certification of the stripper well properties for the fiscal year.