0001| HOUSE BILL 1289 | 0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997 | 0003| INTRODUCED BY | 0004| KIP W. NICELY | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO PROFESSIONAL ATHLETIC CONTESTS; EXEMPTING LIVE | 0012| PROFESSIONAL BOXING CONTESTS HELD IN NEW MEXICO FROM THE | 0013| PRIVILEGE TAX FOR EXHIBITING LIVE PROFESSIONAL CONTESTS ON A | 0014| CLOSED-CIRCUIT TELECAST OR MOTION PICTURE; AMENDING A SECTION | 0015| OF THE PROFESSIONAL ATHLETIC COMPETITION ACT; DECLARING AN | 0016| EMERGENCY. | 0017| | 0018| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0019| Section 1. Section 60-2A-26 NMSA 1978 (being Laws 1980, | 0020| Chapter 90, Section 26, as amended) is amended to read: | 0021| "60-2A-26. PRIVILEGE TAX ON CLOSED-CIRCUIT TELECASTS OR | 0022| MOTION PICTURES--REPORT TO COMMISSION.-- | 0023| A. Any person who charges and receives an admission | 0024| fee for exhibiting any live professional contest on a closed- | 0025| circuit telecast or motion picture shall, within seventy-two | 0001| hours after [such] the event, furnish to the commission a | 0002| verified written report on a form prescribed by the commission | 0003| showing the number of tickets sold and issued or sold or issued | 0004| and the gross receipts [therefor] for the exhibition | 0005| without any deductions. | 0006| B. There is imposed a tax upon the privilege of | 0007| exhibiting for an admission fee any live professional contest, | 0008| except a live professional boxing contest held in New Mexico, | 0009| on a closed-circuit telecast or motion picture. [a tax at] | 0010| The rate of the tax imposed is five percent of the gross | 0011| receipts derived [therefrom] from the exhibition. | 0012| C. The privilege tax imposed in this section shall | 0013| be administered, collected, enforced and the proceeds deposited | 0014| as provided in Section [60-2A-23] 60-2A-24 NMSA 1978." | 0015| Section 2. EMERGENCY.--It is necessary for the public | 0016| peace, health and safety that this act take effect immediately. | 0017|  | 0018| State of New Mexico | 0019| House of Representatives | 0020| | 0021| FORTY-THIRD LEGISLATURE | 0022| FIRST SESSION, 1997 | 0023| | 0024| | 0025| March 6, 1997 | 0001| | 0002| | 0003| Mr. Speaker: | 0004| | 0005| Your CONSUMER AND PUBLIC AFFAIRS COMMITTEE, to | 0006| whom has been referred | 0007| | 0008| HOUSE BILL 1289 | 0009| | 0010| has had it under consideration and reports same with | 0011| recommendation that it DO PASS, amended as follows: | 0012| | 0013| 1. On page 2, line 8, after "New Mexico" insert "between | 0014| the effective date of this 1997 act and July 1, 1999"., | 0015| | 0016| and thence referred to the APPROPRIATIONS AND FINANCE | 0017| COMMITTEE. | 0018| | 0019| Respectfully submitted, | 0020| | 0021| | 0022| | 0023| | 0024| | 0025| Gary King, Chairman | 0001| | 0002| | 0003| Adopted Not Adopted | 0004| | 0005| (Chief Clerk) (Chief Clerk) | 0006| | 0007| Date | 0008| | 0009| The roll call vote was 6 For 0 Against | 0010| Yes: 6 | 0011| Excused: Crook, Rios, Trujillo, Vigil | 0012| Absent: None | 0013| | 0014| | 0015| .118401.1 | 0016| G:\BILLTEXT\BILLW_97\H1289 State of New Mexico | 0017| House of Representatives | 0018| | 0019| FORTY-THIRD LEGISLATURE | 0020| FIRST SESSION, 1997 | 0021| | 0022| | 0023| March 10, 1997 | 0024| | 0025| | 0001| Mr. Speaker: | 0002| | 0003| Your TAXATION AND REVENUE COMMITTEE, to whom has | 0004| been referred | 0005| | 0006| HOUSE BILL 1289, as amended | 0007| | 0008| has had it under consideration and reports same with | 0009| recommendation that it DO PASS. | 0010| | 0011| Respectfully submitted, | 0012| | 0013| | 0014| | 0015| | 0016| | 0017| Jerry W. Sandel, Chairman | 0018| | 0019| | 0020| Adopted Not Adopted | 0021| | 0022| (Chief Clerk) (Chief Clerk) | 0023| | 0024| Date | 0025| | 0001| The roll call vote was 11 For 0 Against | 0002| Yes: 11 | 0003| Excused: Russell, Stell | 0004| Absent: None | 0005| | 0006| | 0007| G:\BILLTEXT\BILLW_97\H1289 | 0008| | 0009| FORTY-THIRD LEGISLATURE | 0010| FIRST SESSION, 1997 | 0011| | 0012| | 0013| March 19, 1997 | 0014| | 0015| Mr. President: | 0016| | 0017| Your WAYS AND MEANS COMMITTEE, to whom has been | 0018| referred | 0019| | 0020| HOUSE BILL 1289, as amended | 0021| | 0022| has had it under consideration and reports same with | 0023| recommendation that it DO PASS. | 0024| | 0025| Respectfully submitted, | 0001| | 0002| | 0003| | 0004| | 0005| __________________________________ | 0006| Carlos R. Cisneros, Chairman | 0007| | 0008| | 0009| | 0010| Adopted_______________________ Not | 0011| Adopted_______________________ | 0012| (Chief Clerk) (Chief Clerk) | 0013| | 0014| | 0015| | 0016| Date ________________________ | 0017| | 0018| | 0019| The roll call vote was 8 For 0 Against | 0020| Yes: 8 | 0021| No: 0 | 0022| Excused: McSorley | 0023| Absent: None | 0024| | 0025| | 0001| H1289M1 |