Section 9. Proportioning Pumps

Proportioning pumps used to distribute metered amounts of fertilizer, herbicides, pesticides, fumigants and the like to crop land by mixing those substances with irrigation water are agricultural implements as that term is used in Section 7-9-62 NMSA 1978. Accordingly, fifty percent of the receipts from selling these pumps may be deducted from gross receipts. [12/5/69, 3/9/72, 11/20/72, 3/20/74, 7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/26/90, 11/15/96; 3.2.220.9 NMAC - Rn, 3 NMAC 2.62.9 & A, 6/14/01] 3.2.220 NMAC 2 3.2.220.10 [Reserved.]