Handouts and Materials Provided to the Blue Ribbon Tax Reform Commission Meeting on May 22-23, 2003

Notes from the Facilitated Discussion held on May 2, 2003, Julia Barnes, Facilitator.

"How Does New Mexico's Tax System Compare with Other States?", prepared by Tom Clifford, New Mexico Taxation and Revenue Department, Tax Research and Statistics Office, dated May 22, 2003.

"The Way We Tax: A 50-State Report", Governing, February 2003, Governing.com.

State Taxation of Electronic Commerce, prepared by Jim Eads, Executive Director, New Mexico Tax Research Institute, dated May 22, 2003.

Description of NCSL Principles of Tax Policy, prepared by Dr. Brian McDonald.

Principles of a High-quality State Revenue System, excerpted from "Principles of a High-quality State Revenue System", dated June 2001, National Conference of State Legislatures Fiscal Affairs Program.

New Mexico Tax System and Top Ten Taxes Scorecard - A Self-Assessment by Internal State Tax Professionals, prepared by James O'Neill, Chief of Staff, Blue Ribbon Tax Reform Commission.

New Mexico's Gross Receipts Tax: A Conceptual Review, prepared by James O'Neill, Chief of Staff, Blue Ribbon Tax Reform Commission.

The Streamlined Sales and Use Tax Agreement and New Mexico's Gross Receipts and Compensating Taxes, prepared by James O'Neill for the New Mexico Tax Research Institute.

The Streamlined Sales and Use Tax Agreement and New Mexico's Gross Receipts and Compensating Taxes, Appendix A, prepared by James O'Neill.

The Streamlined Sales and Use Tax Agreement and New Mexico's Gross Receipts and Compensating Taxes, Appendix B, prepared by James O'Neill.

Report Card on the Streamlined Sales Tax Implementing States' Agreement, dated October 11, 2003, prepared by Council on State Taxation (COST), www.statetax.org.

Streamlined Sales and Use Tax Agreement, adopted November 12, 2002.

State and Local Sales Tax Simplification - Streamlined Sales & Use Tax Agreement, dated May 22, 2003, prepared by William Pound, Executive Director, National Conference of State Legislatures.

Streamlined Sales & Use Tax Agreement - 2003 Implementation, prepared by the National Conference of State Legislatures.

State Legislatures Streamlining Sales Taxes, dated February 2003, prepared by the National Conference of State Legislatures.

Proposed Modifications to New Mexico Gross Receipts and Compensating Tax Act, excerpted from the Professional Tax Study Committee report, presented by Dr. Robert Desiderio.

Exemptions, Deductions, Exclusions and Credits Under the Gross Receipts and Compensating Tax Act, dated May 20, 2003, prepared by the New Mexico Taxation and Revenue Department.

Pyramiding in & Around Gross Receipts Tax, dated May 23, 2003, prepared by James P. O'Neill.

Gross Receipts Tax: Local Government Revenues and Other Issues, dated May 23, 2003, prepared by the New Mexico Taxation and Revenue Department, presented by Richard Anklam, Assistant Secretary for Tax Policy.

Description of County Local Option Taxes, prepared by the New Mexico Taxation and Revenue Department.

Enactment Dates of Local Option Taxes - as of July 1, 2003, prepared by the New Mexico Taxation and Revenue Department.

Compensating Tax, dated May 23, 2003, prepared by James P. O'Neill.

CRS Tax Program Estimates for Blue Ribbon Tax Reform Commission, dated May 20, 2003, prepared by the New Mexico Taxation and Revenue Department.

E-commerce Sales Tax Makes Inroads, Wall Street Journal, September 16, 2002.

House Bill 1440 from the State of Arkansas, 83rd General Assembly, Regular Session, 2001, Act 922 of 2001, relating to taxation of e-commerce.

Excerpts from the Minnesota Statutes 2002, Chapter 297A, relating to taxation of e-commerce.

Momentum Grows for Net Sales Tax, Ecommerce News, http://ecommerce.internet.com/news/news/print/0,,10375_1855941,00.html.