NM SB217

Imposes a new 3% liquor excise surtax on retailers selling alcoholic beverages for final consumption, effective July 1, 2027

Creates the "tribal alcohol harms alleviation fund" as a nonreverting fund administered by the Indian Affairs Department, funded entirely by revenue from the new liquor excise surtax

Fund money is appropriated by the legislature for alcohol and substance use prevention, treatment, and recovery services to individuals

Amends liquor excise tax distribution: 45% to local DWI grant fund, $20,750 monthly to qualifying municipalities for street inebriate treatment, 5% to drug court fund

Excludes liquor excise taxes from the definition of "gross receipts" under the Gross Receipts and Compensating Tax Act, preventing tax-on-tax calculations