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.