COUNTY GROSS RECEIPTS TAX

§ 32.020 IMPOSITION OF TAX.

   (A)   There is imposed on any person engaging in business in the county, for the privilege of engaging in business in this county, an excise tax equal to 1/8 of 1% 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.

   (B)   The tax imposed under this subchapter 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 "third one-eight of the county gross receipts tax."

(Ord. 84-1, passed 8-15-1983; Am. Ord. 87-2, passed 3-31-1987; Am. Ord. 96-03, passed 7-22-1996; Am. Ord. 2001-02, passed 7-10-2001) Penalty, see § 10.99

§ 32.021 GENERAL PROVISIONS.

   This subchapter 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.

(Ord. 84-1, passed 8-15-1983; Am. Ord. 87-2, passed 3-31-1987; Am. Ord. 96-03, passed 7-22-1996; Am. Ord. 2001-02, passed 7-10-2001)

§ 32.022 SPECIFIC EXEMPTIONS.

   No county 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 1 point within the county to another point outside the county; or

   (B)   Direct satellite broadcast services.

(Ord. 84-1, passed 8-15-1983; Am. Ord. 87-2, passed 3-31-1987; Am. Ord. 96-03, passed 7-22-1996; Am. Ord. 2001-02, passed 7-10-2001)

§ 32.023 DEDICATION.

   Revenue from the county gross receipts tax will be used for the purpose(s) listed below:

   (A)   70% dedicated to the Valencia County Sheriff's Department;

   (B)   15% dedicated to the Valencia County Road Department for road equipment; and

   (C)   15% dedicated to Valencia County Volunteer Fire and Rescue Departments.

(Ord. 84-1, passed 8-15-1983; Am. Ord. 87-2, passed 3-31-1987; Am. Ord. 96-03, passed 7-22-1996; Am. Ord. 2001-02, passed 7-10-2001)

§ 32.024 EFFECTIVE DATE.

   The effective date of the third one-eight of the county gross receipts tax shall be either January 1 or July 1, whichever date occurs first after the expiration of 3 months from the date this subchapter is approved by the electorate.

(Ord. 84-1, passed 8-15-1983; Am. Ord. 87-2, passed 3-31-1987; Am. Ord. 96-03, passed 7-22-1996; Am. Ord. 2001-02, passed 7-10-2001)

COUNTY REGIONAL TRANSIT GROSS RECEIPTS TAX