Fees for licenses and permits; disposition of revenue.

  1. Law
  2. New Mexico Statutes
  3. Business Licenses
  4. New Mexico Bingo and Raffle
  5. Fees for licenses and permits; disposition of revenue.

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A. Fees for licenses and permits issued pursuant to the New Mexico Bingo and Raffle Act shall be established by board rule but shall not exceed the following amounts:

(1) bingo license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal;

(2) manufacturer's license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal;

(3) distributor's license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal; and

(4) permit, seventy-five dollars ($75.00) for the initial permit and seventy-five dollars ($75.00) for each renewal.

B. All administrative receipts, including license and permit fees, collected pursuant to the New Mexico Bingo and Raffle Act shall be deposited in the general fund.

History: Laws 2009, ch. 81, § 13.

ANNOTATIONS

Effective dates. — Laws 2009, ch. 81, § 31 made the act effective July 1, 2009.


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