Chapter 3.10
MUNICIPAL INFRASTRUCTURE GROSS RECEIPTS TAX
Sections:
Article I. Municipal Infrastructure Gross Receipts Tax
Article II. Additional One-Sixteenth Municipal Infrastructure Gross Receipts Tax
Article III. Additional One-Eighth Municipal Infrastructure Gross Receipts Tax
Article I. Municipal Infrastructure Gross Receipts Tax
3.10.010 Imposition of tax.
There is imposed on any person engaging in business in this municipality for the privilege of engaging in business in this municipality an excise tax equal to one-sixteenth of one percent 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. The tax imposed under this article is pursuant to the Municipal Infrastructure Gross Receipts Tax Act as it now exists or as it may be amended and shall be known as the “municipal infrastructure gross receipts tax.” [Ord. 91-09 § 1; prior code § 7-7-1]
3.10.020 General provisions.
This article 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. 91-09 § 2; prior code § 7-7-2]
3.10.030 Specific exemptions.
No municipal infrastructure gross receipts tax shall be imposed on the gross receipts arising from:
A. The transmission of messages by wire or other means from one point within the municipality to another point outside the municipality;
B. Transporting persons or property for hire by railroad, motor vehicle, air transportation or any other means from one point within the municipality to another point outside the municipality; or
C. A business located outside the boundaries of a municipality on land owned by that municipality for which a gross receipts tax distribution is made pursuant to Section 7-1-6.4(C) NMSA 1978. [Ord. 91-09 § 3; prior code § 7-7-3]
3.10.040 Dedication.
Revenue from the municipal infrastructure gross receipts tax will be used for the purpose(s) listed below:
A. General fund purposes. [Ord. 93-06 § 1; Ord. 91-09 § 1; prior code § 7-7-4]
3.10.050 Effective date.
The effective date of the municipal infrastructure gross receipts tax shall be January 1, 1992. [Ord. 91-09 § 5; prior code § 7-7-5]
Article II. Additional One-Sixteenth Municipal Infrastructure Gross Receipts Tax
3.10.060 Imposition of tax.
There is imposed on any person engaging in business in this municipality for the privilege of engaging in business in this municipality an excise tax equal to one-sixteenth of one percent 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. The tax imposed under this article is pursuant to the Municipal Infrastructure Gross Receipts Tax Act as it now exists or as it may be amended and shall be known as the “municipal infrastructure gross receipts tax.” [Ord. 92-01 § 1]
3.10.070 General provisions.
This article 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. 92-01 § 2]
3.10.080 Specific exemptions.
No municipal infrastructure gross receipts tax shall be imposed on the gross receipts arising from:
A. The transmission of messages by wire or other means from one point within the municipality to another point outside the municipality;
B. Transporting persons or property for hire by railroad, motor vehicle, air transportation or any other means from one point within the municipality to another point outside the municipality; or
C. A business located outside the boundaries of a municipality on land owned by that municipality for which a gross receipts tax distribution is made pursuant to Section 7-1-6.4(C) NMSA 1978. [Ord. 92-01 § 3]
3.10.090 Dedication.
Revenue from the municipal infrastructure gross receipts tax will be used for the purpose(s) listed below:
A. General fund purposes. [Ord. 92-01 § 4]
3.10.100 Effective date.
The effective date of the municipal infrastructure gross receipts tax shall be July 1, 1992. [Ord. 92-01 § 5]
Article III. Additional One-Eighth Municipal Infrastructure Gross Receipts Tax
3.10.110 Imposition of tax.
There is imposed on any person engaging in business in this municipality for the privilege of engaging in business in this municipality an excise tax equal to one-eighth of one percent 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. The tax imposed under this article is pursuant to the Municipal Local Option Gross Receipts Taxes Act as it now exists or as it may be amended and shall be known as the “municipal infrastructure gross receipts tax.” [Ord. 2003-01 § 1]
3.10.120 General provisions.
This article 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. 2003-01 § 2]
3.10.130 Specific exemptions.
No municipal infrastructure 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 municipality to another point outside the municipality;
B. A business located outside the boundaries of a municipality on land owned by that municipality for which a state gross receipts tax distribution is made pursuant to Section 7-1-6.4(C) NMSA 1978; or
C. Direct broadcast satellite services. [Ord. 2003-01 § 3]
3.10.140 Dedication.
Revenue from the municipal infrastructure gross receipts tax will be used for the purpose(s) listed below:
A. Payment of special obligation bonds issued pursuant to a revenue bond act;
B. Municipal general purposes;
C. Design, construction, acquisition, improvement, renovation, rehabilitation, equipping, furnishing or maintenance of public buildings or facilities, including parking facilities, the acquisition of land for the public buildings or facilities and the acquisition or improvement of the grounds surrounding public buildings or facilities;
D. Acquisition of land for open space, public parks or public recreational facilities and the design, acquisition, construction, improvement or equipping of parks and recreational facilities;
E. Construction, reconstruction or improvement of municipal streets, including acquisitions of rights-of-way. [Ord. 2003-01 § 4]
3.10.150 Effective date.
The effective date of the municipal infrastructure gross receipts tax shall be either January 1st or July 1st, whichever date occurs first after the expiration of three months from the date when the results of the election are certified to be in favor of the ordinance’s adoption and the adopted ordinance is delivered or mailed to the Taxation and Revenue Department. [Ord. 2003-01 § 5]