HOUSE BILL 630

44TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 1999

INTRODUCED BY

James G. Taylor

AN ACT

RELATING TO TAXATION; ENACTING A SECTION OF THE GROSS RECEIPTS AND COMPENSATING TAX ACT TO EXEMPT FROM THE GROSS RECEIPTS TAX RECEIPTS FROM SPORTS OFFICIATING AT PUBLIC SCHOOL SPORTS EVENTS.

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] EXEMPTION--GROSS RECEIPTS TAX--SPORTS OFFICIATING.--Exempted from the gross receipts tax are receipts of a person from providing officiating services for sports events of a public school."

Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 1999.

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