New Mexico Statutes 7-14-10. Distribution of proceeds
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The receipts from the tax and any associated interest and penalties shall be deposited in the “motor vehicle suspense fund”, hereby created in the state treasury. As of the end of each month, the net receipts attributable to the tax and associated penalties and interest shall be distributed as follows:
A. fifty-nine and thirty-nine hundredths percent to the general fund;
B. twenty-one and eighty-six hundredths percent to the state road fund; and
C. eighteen and seventy-five hundredths percent to the transportation project fund.