HB 381
Page 1
AN ACT
RELATING TO TAXATION; PROVIDING FOR A REFUND OF SPECIAL FUEL
EXCISE TAX PAID ON SPECIAL FUEL USED TO PROPEL A SCHOOL BUS
AUTHORIZED BY A PUBLIC SCHOOL DISTRICT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 7-16A-13.1 NMSA 1978 (being Laws
2001, Chapter 43, Section 2, as amended) is amended to read:
"7-16A-13.1. CLAIM FOR REFUND OF SPECIAL FUEL EXCISE
TAX PAID ON SPECIAL FUEL.--
A. Upon the submission of proof satisfactory to
the department, a user of special fuel, other than a holder of
a bulk storage user permit, may submit and the department may
allow a claim for refund of tax paid on special fuel used to
propel a vehicle authorized by contract with the public
education department or with a public school district as a
school bus, to propel a vehicle off-road, to operate auxiliary
equipment by a power take-off from the main engine or
transmission of a vehicle or to operate a nonautomotive
apparatus mounted on a vehicle when the special fuel used for
such purposes and the special fuel used to propel the vehicle
on the highways are drawn from a common supply tank. The
vehicle must be registered with the department. The user must
be registered with the department for purposes of reporting
and paying gross receipts tax.