5.04.015 Mobile business activity fee- Imposition.

   In addition to the business registration fee, there is imposed an annual mobile business activity fee of one hundred dollars for each calendar year for those persons who engage in mobile business activity. The mobile business activity fee may not be prorated for mobile business activity that occurs only once in any calendar year and/or for only a limited number of days in any calendar year. (Ord. 508, 2013)

5.04.020 Registration application.

   Any person proposing to engage in business within the municipal limits after July 1, 1981 shall apply for and pay a business registration fee for each outlet, branch or location within the municipal limits prior to engaging in business. (Ord. 3 08 (part), 1981: prior code § 19-1-2)

5.04.030 Application-Information required.

   Any person filing an application for issuance or renewal of any business registration shall include in the application his current revenue division taxpayer identification number or evidence of application for a current revenue division taxpayer identification number. (Ord. 308 (part), 1981: prior code § 19-1-4)

5.04.040 Registration-Renewal.

   Prior to March 16th of each year, any person with a place of business in Lovington and subject to this chapter shall apply for a renewal of business registration with the municipal clerk. (Ord. 308 (part), 1981: prior code § 19-1-3)

5.04.045 Gross receipts tax.

   A.   There is imposed on any person engaging in the business in the city for the privilege of engaging in business in this municipality an excise tax equal to one-eighth of one percent 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 section is pursuant to the Municipal Infrastructure Gross Receipts Tax Act as it now exists or as it may be amended and shall be known as the "municipal infrastructure gross receipts tax."

   B.   General Provisions. This section 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.

   C.   Specific Exemptions. No municipal infrastructure gross receipts tax shall be imposed on the gross receipts arising from:

      1.   The transmission of messages by wire or other means from one point within the municipality to another point outside the municipality;

      2.   Transporting persons or property for hire by railroad, motor vehicle, air transportation or any other means from one point within the municipality to another point outside the municipality; or

      3.   A business located outside the boundaries of a municipality on land owned by that municipality for which a gross receipts tax distribution is made pursuant to subsection C of Section 7-1-6.4 NMSA 1978.

   D.   Dedication. Revenue from the municipal infrastructure gross receipts tax will be used for the following purpose(s) general fund use. (Ord. 366 §§ 1-4, 1992)