New Mexico § 67-3-8.1 - Secretary; authority to enter into intergovernmental agreement; gasoline tax sharing agreement; qualified tribe

§ 67-3-8.1. Secretary; authority to enter into intergovernmental agreement; gasoline tax sharing agreement; qualified tribe

A. The secretary may enter into an intergovernmental agreement that may be referred

to as a “gasoline tax sharing agreement” with a qualified tribe to receive forty percent

of the gasoline tax revenue paid on two million five hundred thousand gallons of gasoline

each month in exchange for the qualified tribe's agreement that the qualified tribe

or a registered Indian tribal distributor owned by the qualified tribe shall not: (1) distribute gasoline for resale outside of the boundaries of that registered Indian

tribal distributor's Indian reservation, pueblo grant or trust land located in New

Mexico; and (2) claim all or part of the deduction authorized in Subsection F of Section 7-13-4 NMSA 1978 . B. The term of a gasoline tax sharing agreement entered into pursuant to this section

shall be for a period of up to twenty years. The secretary and a qualified tribe with a gasoline tax sharing agreement shall

report, at the midpoint of the term of the agreement, to the legislative finance committee

and to the revenue stabilization and tax policy committee on the status of the agreement. C. A gasoline tax sharing agreement entered into pursuant to this section shall be

construed solely as an agreement between the two party governments and shall not alter

or affect the government-to-government relations between the state and any other tribe. D. Nothing in this section or in a gasoline tax sharing agreement entered into pursuant

to this section shall be construed as creating rights in a third party. E. Copies of gasoline tax sharing agreements shall be promptly transmitted to the

secretary upon signing by the representatives of the governments that are parties

to the agreement. F. As used in this section: (1) “ qualified tribe ” means the Pueblo of Nambe or the Pueblo of Santo Domingo, as long as it owns one

hundred percent of a registered Indian tribal distributor pursuant to the Gasoline

Tax Act, that qualifies for a deduction pursuant to Subsection F of Section 7-13-4 NMSA 1978; and (2) “ tribe ” means an Indian nation, tribe or pueblo located in New Mexico.