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The New Mexico Public Regulation Commission or PRC is an independent agency created by the New Mexico Constitution. It is charged with regulating "...electric, natural gas, and water utilities, as well as telecommunications and motor carriers, to ensure fair and reasonable rates, and to assure reasonable and adequate services to the public." [1 ...
New Mexico does not have a state sales tax. However, the state imposes a gross receipts tax (GRT) on many business transactions. This resembles a sales tax, but unlike most states' sales taxes it applies to services, as well as tangible goods. Normally, the provider or seller passes the tax on to the purchaser, but legal incidence and burden ...
New Mexico has only three Interstate Highways: Interstate 10 travels southwest from the Arizona state line near Lordsburg to the area between Las Cruces and Anthony, near El Paso, Texas; Interstate 25 is a major north–south interstate highway starting from Las Cruces to the Colorado state line near Raton; and Interstate 40 is a major east ...
In addition to municipalities, limited local authority can be vested in landowners' associations and districts. An example of the former is the Madrid Landowners' Association, which is the closest thing to local government in Madrid, New Mexico. Its authority comes from the restrictive covenants that are written into all deeds.
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New Mexico is a state located in the Western United States. According to the 2020 United States Census, New Mexico is the 15th least-populous state with 2,117,522 inhabitants [1] but the 5th-largest by land area, spanning 121,298.15 square miles (314,160.8 km 2). [2] New Mexico is divided into 33 counties and contains 106 municipalities ...
Oil and gas production in New Mexico, 2010–2021 A New Mexico oil field, left, with crop circles on right, taken from the ISS in 2006. New Mexico is rich in fossil fuel and alternative energy resources. Major petroleum and natural gas deposits are located in the Permian Basin in southeast New Mexico and in the San Juan Basin in the northwest.
Three states—Kentucky, New Mexico, and New York—have "weight-mile" taxes in addition to the standard fuel tax. Oregon has just a weight-mile tax. Any amount of fuel taxes due (or refund) is then paid to (or received from) the base jurisdiction which issued the license. The member jurisdictions then take care of transferring the funds ...
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