0001|                        SENATE BILL 263
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003|     1996
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0004|                         INTRODUCED BY
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0005|                       JOHN ARTHUR SMITH
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0006|     
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0007|                                
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0008|     
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0009|     
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0010|     
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0011|                             AN ACT
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0012|     RELATING TO TAXATION; AMENDING THE COUNTY HOSPITAL EMERGENCY
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0013|     GROSS RECEIPTS TAX TO EXTEND THE TIME PERIOD TO IMPOSE THE TAX.
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0014|     
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0015|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0016|       Section 1.  Section 7-20E-12.1 NMSA 1978 (being Laws 1994,
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0017|     Chapter 14, Section 1) is amended to read:
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0018|       "7-20E-12.1.  COUNTY HOSPITAL EMERGENCY GROSS RECEIPTS
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0019|     TAX--AUTHORITY TO IMPOSE--USE OF PROCEEDS.--
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0020|            A.  The majority of the members of the governing body
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0021|     may enact an ordinance imposing an excise tax on any person
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0022|     engaging in business in the county for the privilege of engaging
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0023|     in business.  The rate of the tax shall be one-fourth of one
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0024|     percent of the gross receipts of the person engaging in
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0025|     business.  The tax shall be imposed only once for a period of
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0001|     not more than <s>[two]</s> <u>five</u> years from the effective date of
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0002|     the ordinance imposing the tax.
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0003|            B.  The tax imposed by this section may be referred
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0004|     to as the "county hospital emergency gross receipts tax".
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0005|            C.  At the time of enacting the ordinance imposing
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0006|     the tax authorized in this section, the governing body shall
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0007|     dedicate the revenue for current operations and maintenance of a
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0008|     hospital owned by the county or a hospital with whom the county
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0009|     has entered into a health care facilities contract.
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0010|            D.  As used in this section, "county" means a
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0011|     class B county with a population of less than ten thousand
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0012|     according to the 1990 federal decennial census and with a net
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0013|     taxable value for rate-setting purposes for the 1993 property
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0014|     tax year in excess of one hundred million dollars
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0015|     ($100,000,000)."
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0016|       Section 2.  EFFECTIVE DATE.--The effective date of the
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0017|     provisions of this act is July 1, 1996.
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0018|                             -2-
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0019|           
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0020|   
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0021|                    FORTY-SECOND LEGISLATURE
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0022|                      SECOND SESSION, 1996
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0023|   
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0024|   
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0025|                                              FEBRUARY 9, 1996
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0001|   
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0002|   Mr. President:
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0003|   
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0004|     Your COMMITTEES' COMMITTEE, to whom has been referred
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0005|   
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0006|                           SENATE BILL 263
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0007|   has had it under consideration and finds same to be GERMANE, PURSUANT
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0008|    TO CONSTITUTIONAL PROVSIONS, and thence referred to the WAYS AND
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0009|   MEANS COMMITTEE.
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0010|   
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0011|                              Respectfully submitted,
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0012|   
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0013|   
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0014|   
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0015|   
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0016|                              __________________________________
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0017|                              SENATOR MANNY M. ARAGON, Chairman 
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0018|   
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0019|   
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0020|   
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0021|   Adopted_______________________ Not Adopted_______________________
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0022|             (Chief Clerk)                        (Chief Clerk)
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0023|   
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0024|   
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0025|                     Date ________________________
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0001|   
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0002|   
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0003|   
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0004|   S0263CC1
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