A certified copy of the ordinance imposing or repealing a tax authorized under the Municipal Local Option Gross Receipts Taxes Act or changing the tax rate imposed shall be mailed or delivered to the department within five days after the later of the date the ordinance is adopted or the date the results of any election held with respect to the ordinance are certified to be in favor of the ordinance.
§ 7-19D-6 NMSA 1978
Copy of ordinance to be submitted to department
Known as the Municipal Local Option Gross Receipts and Compensating Taxes Act
The act spans §§ 7–7 (20 sections).
1978 Comp., § 7-19D-6, enacted by Laws 1993, ch. 346, § 6.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.