A distribution pursuant to Section 7-1-6.20 N.M. Stat. Ann. shall be made to the severance tax bonding fund of the net receipts attributable to the taxes and advance payment imposed pursuant to the Severance Tax Act N.M. Stat. Ann. § 7-26-1 to 7-26-8 and the Oil and Gas Severance Tax Act [N.M. Stat. Ann. Chapter 7, Article 29].

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