HOUSE BILL 809

44TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 1999

INTRODUCED BY

Joe M. Stell

AN ACT

RELATING TO HIGHWAYS; PROVIDING FOR A LIMITED DISTRIBUTION FROM THE MOTOR VEHICLE EXCISE TAX FOR A HIGHWAY PROJECT; MAKING AN APPROPRIATION.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. TEMPORARY PROVISION--DISTRIBUTION--MOTOR VEHICLE EXCISE TAX.--A distribution pursuant to Section 7-1-6.1 NMSA 1978 equal to eight million dollars ($8,000,000) from taxes collected by the taxation and revenue department pursuant to the motor vehicle excise tax shall be made to the state road fund for planning, designing, engineering, constructing and improving United States highway 62-180 from Carlsbad to Whites City.

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