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%, 0.125%, 0.1875%, or 0.25% 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 Local Option Gross Receipts Taxes Act as it now exists or as
it may be amended and shall be known as the "County quality of life 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 exists or as it may be amended.
No County quality of life 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;
B. Direct broadcast satellite services.
Revenue from the County quality of life gross receipts tax must
be dedicated to cultural programs and activities provided by a local
government and to cultural programs, events and activities provided
by contract or operating agreement with nonprofit or publicly owned
cultural organizations and institutions.
The effective date of the County quality of life gross receipts
tax 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 and the adopted ordinance is delivered or mailed to the Taxation
and Revenue Department.
This article (if it becomes law) is repealed effective June
30, 2023.