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New Mexico special fuel & gasoline tax bonds.
From $100.

The bond the New Mexico Taxation and Revenue Department requires of special fuel suppliers and gasoline distributors as a guarantee for the fuel excise tax they collect. The Department sets the amount — often enough to cover roughly two quarters of tax — and premiums start from $100.

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Required of special fuel suppliers and gasoline distributors under NMSA 1978 § 7-16A-15 and § 7-13
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Amount set by the Department — often about two quarters of estimated tax (commonly $25,000 and up)
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From $100, soft credit check only — never a hard inquiry; enter your amount to see your exact price
1% of amount$100 minimumSoft pullnever a hard inquiryFastinstant underwriting for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

Enter your amount, consent to a soft credit pull, and file with the Taxation and Revenue Department. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Department set, and the effective date — the only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The soft credit pull never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

File with the Taxation and Revenue Department

Pay online and receive the executed bond, ready to file with your fuel supplier or distributor registration. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the fuel tax bond actually covers

New Mexico taxes motor fuel through the Taxation and Revenue Department — the gasoline tax under NMSA 1978 Chapter 7, Article 13 and the special fuel (diesel, biodiesel, kerosene) supplier tax under Article 16A. Rack operators, importers, suppliers, and distributors are required to register and, in most cases, to post a surety bond standing behind the tax they collect.

The bond is a tax guarantee, payable to the State of New Mexico. The Department sets the amount — typically enough to cover roughly two calendar quarters of your estimated tax liability — so it scales with your fuel volume. If you fail to remit, the state can recover against the bond.

It is not insurance for you — if the surety pays, you repay the surety. We issue the amount the Department named starting from $100, with a quick soft credit check that never affects your score; the check informs approval, never the price.

NMSA 1978 § 7-16A-15; Ch. 7, Art. 13New Mexico requires special fuel suppliers to post a surety bond under NMSA 1978 Section 7-16A-15, and gasoline distributors under the Gasoline Tax Act (NMSA 1978, Chapter 7, Article 13). The Taxation and Revenue Department determines the amount, typically sized to about two quarters of estimated tax liability. Confirm the amount on your Department notice.

You need this bond if you are

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A special fuel supplier — diesel, biodiesel, or kerosene — registering with the Department
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A gasoline distributor required to bond under the Gasoline Tax Act
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A rack operator or importer the Department requires to guarantee fuel tax
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Reinstating an account after a filing or remittance issue triggered a bond requirement

One application, then a soft pull.

Submit the application with the bond amount the Department set, including a one-time consent to a soft credit pull — your bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the New Mexico fuel tax bond?Premiums are 1% of the bond amount, with a $100 minimum. The amount itself is set by the Taxation and Revenue Department — typically about two quarters of your estimated fuel tax — and commonly starts around $25,000. Enter the figure on your notice and the application shows your exact price.
Who requires this bond?The New Mexico Taxation and Revenue Department requires it of special fuel suppliers (NMSA 1978 § 7-16A-15) and gasoline distributors (Gasoline Tax Act, Chapter 7, Article 13) as a guarantee for the fuel excise tax.
Is there a credit check?Yes — a quick soft credit check, never a hard inquiry, with no impact on your score. It informs approval only, and the application shows your exact price before you pay.
How is the bond amount determined?The Department sets it, typically sized to roughly two calendar quarters of your estimated tax liability, so it scales with your fuel volume. Send us the figure on your notice and we’ll issue it.
Where do I file it?With the New Mexico Taxation and Revenue Department, alongside your special fuel supplier or gasoline distributor registration. We issue the executed bond ready to submit.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other New Mexico bonds.

Fuel tax bond, filed this week.

Premiums from $100, soft credit check only. Enter the amount the Department set and file the same day.

Your premiumfrom $100
Apply now →