There is imposed on any person engaging in business
in this County for the privilege of engaging in business in this County
an excise tax equal to 0.0625% of the gross receipts reported or required
to be reported by the person pursuant to the New Mexico Gross Receipts
and Compensating Tax Act as it now exists or as it may be amended. The tax imposed under this article is pursuant to the
County Correctional Facility Gross Receipts Tax Act as it now exists
or as it may be amended and shall be known as the "County correctional facility
gross receipt tax."
A. Definitions,
exemptions and deductions. This article hereby adopts by reference
all definitions, exemptions and deductions contained in the Gross
Receipts and Compensating Tax Act as it now exists or as it may be
amended.
B. Specific
exemptions. No County correctional facility gross receipts tax shall
be imposed on the gross receipts arising from:
(1) Transporting persons or property for hire by railroad,
motor vehicle, air transportation or any other means from one point
within the County to another point outside the County; or
(2) Direct satellite broadcast services.
C. Use of
revenue. Revenue from the County correctional facility gross receipts
tax will be used for the following purpose(s): The proceeds must be
used for operating, maintaining, constructing, purchasing, furnishing,
equipping, rehabilitating, expanding or improving a judicial-correctional
or County correctional facility, including acquiring and improving
parking lots, landscaping, transporting or extraditing prisoners or
for the payment of principal and interest on revenue bonds.
D. The effective
date of the first 1/16% County gross receipts tax shall be either
January 1 or July 1, whichever date occurs first after the expiration
of three months from the date this article is adopted, unless an election
is held on the question of approving the ordinance, in which case
the effective date shall be either January 1 or July 1, whichever
date occurs first after the expiration of three months from the date
when the results of the election are certified to be in favor of the
ordinance's adoption.
[Added 11-2-2008 by Ord.
No. 238-08]
There is imposed on any person engaging in business
in this County for the privilege of engaging in business in this County
an excise tax equal to 0.0625% of the gross receipts reported or required
to be reported by the person pursuant to the New Mexico Gross Receipts
and Compensating Tax Act as it now exists or as it may be amended. The tax imposed under this article is pursuant to the
County Correctional Facility Gross Receipts Tax Act as it now exists
or as it may be amended and shall be known as the "County correctional facility
gross receipt tax."
A. Definitions,
exemptions and deductions. This article hereby adopts by reference
all definitions, exemptions and deductions contained in the Gross
Receipts and Compensating Tax Act as it now exists or as it may be
amended.
B. Specific
exemptions. No County correctional facility gross receipts tax shall
be imposed on the gross receipts arising from:
(1) Transporting persons or property for hire by railroad,
motor vehicle, air transportation or any other means from one point
within the County to another point outside the County; or
(2) Direct satellite broadcast services.
C. Use of
revenue. Revenue from the County correctional facility gross receipts
tax will be used for the following purpose(s): The proceeds must be
used for operating, maintaining, constructing, purchasing, furnishing,
equipping, rehabilitating, expanding or improving a judicial-correctional
or County correctional facility, including acquiring and improving
parking lots, landscaping, transporting or extraditing prisoners or
for the payment of principal and interest on revenue bonds.
D. The effective
date of the second 1/16% County gross receipts tax shall be either
January 1 or July 1, whichever date occurs first after the expiration
of three months from the date this article is adopted, unless an election
is held on the question of approving the ordinance, in which case
the effective date shall be either January 1 or July 1, whichever
date occurs first after the expiration of three months from the date
when the results of the election are certified to be in favor of the
ordinance's adoption.