The effective date of the municipal gross receipts tax shall be July 1, 1989 unless an election is held pursuant to Section 7-19-4(C)(2) NMSA 1978 on the question of disapproving the ordinance [upon which §§ 4-3-4-1 et seq. are based], in which case the effective date shall be on either July 1 or January 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 this ordinance's adoption.
('74 Code, § 4-12-5) (Ord. 20-1989)
Editor's note:
Pursuant to Ord. 15-2007, Ch. 4, Art. 3, Pt. 4 ROA 1994 is repealed effective July 1, 2008.