N.M. Code R. § 3.25.2.8 – When Assessment Effective

A. Pursuant to the provisions of Section 7-1-17 NMSA 1978, an assessment of the fee imposed by Section 52-5-19 NMSA 1978 shall be effective when the department receives a return from the taxpayer showing a liability for the workers' compensation fee, when the department issues a “notice of assessment of taxes” pursuant to Subsection B of Section 7-1-17 NMSA 1978 or when an effective jeopardy assessment is made as provided in Section 7-1-59 NMSA 1978.
B. This version of Section 3.25.2.8 NMAC is retroactively applicable on May 20, 1992.
[10/3/88, 10/19/92, 4/15/97; 3.25.2.8 NMAC - Rn & A, 3 NMAC 25.2.8, 11/15/01]
HISTORY OF 3.25.2 NMAC:
Pre-NMAC History: The material in this part was derived from that previously filed with the State Records Center:
WC Regulation 19:1, Regulation Pertaining to the Workmen’s Compensation, Section 52-5-19 NMSA 1978 (Meaning of “Assessment”), filed 10/3/88.
WC Regulation 19:2, Regulation Pertaining to the Workmen’s Compensation, Section 52-5-19 NMSA 1978 (When Assessment Effective), filed 10/3/88.
TRD Rule WC-92, Regulations Pertaining to the Worker’s Compensation Fee, Section 52-5-19 NMSA 1978, filed 10/19/92.
History of Repealed Material: [RESERVED]
NMAC History:
3 NMAC 25.2, Workers’ Compensation Fee - Effective Date of Assessment, filed 4/1/97.
3.25.2 NMAC, Workers’ Compensation Fee - Effective Date of Assessment, filed 11/1/01.