New Mexico Statutes
§ 7-20E-29 — Electric generating facility economic district gross
receipts tax; authority to impose; rate; use of revenue.
A.A majority of the members of the governing body of a county within which a county electric generating facility economic district is located and a bordering county within twenty miles of a qualifying electric generating facility may enact an ordinance imposing an excise tax of up to one-fourth percent of the gross receipts of any person engaging in business in the county or county area for the privilege of engaging in business in the county or county area. The tax authorized by this section may be referred to as the "county electric generating facility economic district gross receipts tax".
B.An ordinance imposing a county electric generating facility economic district gross receipts tax shall impose the tax in any number of incre
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New Mexico § 7-20E-29 (Electric generating facility economic district gross) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 2020, ch. 78, § 12.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversals