summary
Introduced
02/08/2023
02/08/2023
In Committee
02/15/2023
02/15/2023
Crossed Over
Passed
Dead
03/18/2023
03/18/2023
Introduced Session
2023 Regular Session
Bill Summary
Dyed Diesel Fuel Gross Receipts
AI Summary
This bill amends the existing law to exempt from the gross receipts tax and compensating tax the receipts from selling and using special fuel (i.e., dyed diesel) that is used for agricultural purposes. The bill also updates the references to the relevant tax sections in the existing law. The amendments made by this bill will take effect on July 1, 2023.
Committee Categories
Agriculture and Natural Resources
Sponsors (0)
No sponsors listed
Last Action
House Taxation & Revenue Committee (08:30:00 2/22/2023 Room 317) (on 02/22/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=354&year=23 |
| BillText | https://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0354.pdf |
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