SB 257
Page 1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
AN ACT
MAKING TECHNICAL CORRECTIONS TO THE ENROLLED AND ENGROSSED
COPIES OF CERTAIN 2007 LAWS; CONFORMING THE LAW RELATING TO
HOSPITALITY FEE PROCEEDS TO THE ACTIONS OF THE LEGISLATURE;
CONFORMING THE LAW RELATING TO CHARTER SCHOOL EMPLOYMENT
DECISIONS TO THE ACTIONS OF THE LEGISLATURE; DECLARING AN
EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 3-38A-3 NMSA 1978 (being Laws 2003,
Chapter 417, Section 3, as amended) is amended to read:
"3-38A-3. HOSPITALITY FEE AUTHORIZED--RATE--PURPOSE.--
A. A municipality may impose by ordinance a
hospitality fee on the gross rent received by proprietors of
tourist accommodations within the municipality in an amount
not to exceed one percent of the gross rent. The fee imposed
by this subsection may be referred to as the "hospitality
fee".
B. Proceeds from the hospitality fee shall be used
as follows:
(1) fifty percent of the proceeds shall be
used to equip and furnish a municipal convention center; and
(2) fifty percent of the proceeds shall be
used by the municipality to contract to purchase advertising
that publicizes and promotes tourist-related attractions,