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 0.125% 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 exits
or as it may be amended and shall be known as the "County correctional facility
gross receipts tax."
This article hereby adopts by reference all definitions, exemptions
and deductions contained in the Gross Receipts and Compensating Tax
Act as it now exits or as it may be amended.
No County corrections facility 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 of the County; or
B. Direct broadcast satellite services.
Revenue from the County correctional facility gross receipts
tax will be used for the following purpose(s): operating, maintaining,
constructing, purchasing, furnishing, equipping, rehabilitating, expanding
or improving a judicial correctional or a County correctional facility
or the grounds thereof, including acquiring and improving parking
lots, landscaping or any combination of the foregoing; for the purpose
of transporting or extraditing prisoners; or for the payment of principal
and interest on revenue bonds or refunding bonds issued pursuant to
the provisions of the County Correctional Facility Gross Receipts
Tax Act.
The effective date of the County correctional facility gross
receipts tax shall either be January 1 or July 1, whichever date occurs
first after the expiration of at least three months from the date
of 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.