A. A transfer pursuant to Section 7-1-6.1 N.M. Stat. Ann. shall be made to each county for which the department is collecting a local option gross receipts tax and county compensating tax imposed by that county in an amount, subject to any increase or decrease made pursuant to Section 7-1-6.15 N.M. Stat. Ann., equal to the net receipts attributable to the local option gross receipts tax and county compensating tax imposed by that county, less the administrative fee that may be withheld prior to July 1, 2028 pursuant to Section 7-1-6.41 N.M. Stat. Ann..

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B. A transfer pursuant to this section may be adjusted for a distribution made to a tax increment development district with respect to a portion of a gross receipts tax increment dedicated by a county pursuant to the Tax Increment for Development Act [N.M. Stat. Ann. Chapter 5, Article 15].

C. A transfer pursuant to this section shall be adjusted for a distribution made to the Local Economic Development Act [N.M. Stat. Ann. Chapter 5, Article 10] fund pursuant to Section 7-1-6.67 N.M. Stat. Ann. and with respect to the amount dedicated by a county pursuant to Subsection B of Section 5-10-17 N.M. Stat. Ann..

D. A transfer pursuant to this section shall be adjusted for a distribution made to the metropolitan redevelopment fund pursuant to Section 7-1-6.71 N.M. Stat. Ann. and with respect to the amount dedicated by a county pursuant to Section 3-60A-23 N.M. Stat. Ann..