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.
Distribution of proceeds
NMSA 1978, § 7-14A-10 — under Article 14A.
NMSA 1978, § 7-14A-10