Section 7-9-41.2 - Exemption; compensating tax; locomotive engine fuel. (Contingent effective date. See note.) - New Mexico Statutes

7-9-41.2. Exemption; compensating tax; locomotive engine fuel.   (Contingent effective date. See note.)

Exempted from the compensating tax is the use of fuel to be loaded or used by a common carrier in a locomotive engine.  For the purposes of this section, "locomotive engine" means a wheeled vehicle consisting of a self-propelled engine that is used to draw trains along railway tracks.