THE VILLAGE OF
TAOS SKI VALLEY
ORDINANCE
NUMBER 97- 21
ADOPTING A
MUNICIPAL ENVIRONMENTAL SERVICES GROSS RECEIPTS TAX
BE IT ORDAINED
BY THE GOVERNING BODY OF THE VILLAGE OF TAOS SKI VALLEY:
SECTION
1. 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 percent (.0625%) 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 ordinance
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.”
Section
2. General Provisions. This ordinance
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.
Section
3. Specific Exemptions.
No municipal gross receipts tax shall be imposed on the gross
receipts arising from:
A.
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 Subsection C
of Section 7-1-6.4 NMSA 1978.
B.
Direct broadcast
satellite services.
C.
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.
Section
4. Dedication. Revenue from the
municipal infrastructure gross receipts tax will be used for the acquisition,
construction, operation, and maintenance of solid waste facilities, wastewater
facilities, sewer systems and related facilities .
Section
5. Effective Date. The effective date
of the municipal gross receipts tax shall be July 1, 1996, unless an election
is held pursuant to Section 7-19D-9(D) NMSA 1978 on the question of approving
the ordinance, in which case the effective date shall be either July 1 or
January 1, 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.
PASSED, APPROVED AND ADOPTED this 6th day of August 1996.