HOUSE BILL 1107

48th legislature - STATE OF NEW MEXICO - first session, 2007

INTRODUCED BY

Joni Marie Gutierrez

AN ACT

RELATING TO TAXATION; PROVIDING A GROSS RECEIPTS TAX DEDUCTION FOR RECEIPTS FROM CERTAIN SERVICES PROVIDED BY A BOARD- CERTIFIED PLASTIC SURGEON.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     Section 1. A new section of the Gross Receipts and Compensating Tax Act is enacted to read:

     "[NEW MATERIAL] DEDUCTION--GROSS RECEIPTS--COSMETIC SURGERY.--

          A. Receipts from the provision of services by a physician who is a board-certified plastic surgeon may be deducted from gross receipts, provided that the services are within the scope of practice of that certification.

          B. As used in this section:

                (1) "board-certified plastic surgeon" means a person who is a diplomate of the American board of plastic surgery; and

                (2) "physician" means a person who is licensed to practice medicine pursuant to the provisions of the Medical Practice Act."

     Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2007.

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