HOUSE BILL 30

47th legislature - STATE OF NEW MEXICO - first session, 2005

INTRODUCED BY

Daniel R. Foley

AN ACT

RELATING TO TAXATION; CHANGING THE PAYMENT DUE DATE FOR TAXES IMPOSED BY THE GROSS RECEIPTS AND COMPENSATING TAX ACT.

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

     Section 1. Section 7-9-11 NMSA 1978 (being Laws 1966, Chapter 47, Section 11, as amended) is amended to read:

     "7-9-11. DATE PAYMENT DUE.--The taxes imposed by the Gross Receipts and Compensating Tax Act are to be paid on or before the [twenty-fifth] last day of the month following the month in which the taxable event occurs."

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