Short title.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Municipal Local Option Gross Receipts
  5. Short title.

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Chapter 7, Article 19D NMSA 1978 may be cited as the "Municipal Local Option Gross Receipts and Compensating Taxes Act".

History: 1978 Comp., § 7-19D-1, enacted by Laws 1993, ch. 346, § 1; 2019, ch. 270, § 47.

ANNOTATIONS

The 2019 amendment, effective July 1, 2019, changed the name of the Municipal Local Option Gross Receipts Taxes Act to the Municipal Local Option Gross Receipts and Compensating Taxes Act; after "Receipts", added "and Compensating".

Temporary provisions. — Laws 2019, ch. 270, § 54, provided that references in law to the County Local Option Gross Receipts Taxes Act shall be deemed to be references to the County Local Option Gross Receipts and Compensating Taxes Act, and references in law to the Municipal Local Option Gross Receipts Taxes Act shall be deemed to be references to the Municipal Local Option Gross Receipts and Compensating Taxes Act.

Law reviews. — For article, "New Mexico Taxes: Taking Another Look," see 32 N.M.L. Rev. 351 (2002).


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