§ 32.026 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. 2008-05, passed 8-20-2008)

§ 32.027 SPECIFIC EXEMPTIONS.

   No county regional transit 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.

(Ord. 2008-05, passed 8-20-2008)

§ 32.028 DEDICATION.

   Revenue from the county regional transit gross receipts tax will be used by the Rio Metro Regional Transit District in equal portions for the management, operations, capital, construction or maintenance of the New Mexico Rail Runner Express, and for the management, operations, capital, construction or maintenance of the Rio Metro Regional Transit District System, pursuant to the Regional Transit District Act.

(Ord. 2008-05, passed 8-20-2008)