Otero County, NM Article VII Health Care Gross Receipts Tax

[Adopted 8-23-2011 by Ord. No. 11-06]

§ 205-32 Imposition of tax.

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.[1] The tax imposed under this article is pursuant to NMSA 1978, § 7-20E-18, the County Local Option Gross Receipts Taxes Act as it now exists or as it may be amended and shall be known as the "County health care gross receipts tax."

[1] Editor's Note: See NMSA 1978, § 7-9-1 et seq.

§ 205-33 General provisions.

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.

§ 205-34 Specific exemptions.

No County health care gross receipts tax shall be imposed on the gross receipts arising from:

A. 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

B. Direct broadcast satellite services.

§ 205-35 Dedication.

Revenue from the County health care gross receipts tax is dedicated to the County Supported Medicaid Fund.

§ 205-36 Effective date.

The effective date of the County health care gross receipts tax for Otero County, New Mexico, shall be January 15, 2012.