HOUSE BILL 117

49th legislature - STATE OF NEW MEXICO - second session, 2010

INTRODUCED BY

Ray Begaye

AN ACT

RELATING TO TAXATION; PROVIDING THAT RECEIPTS FOR CERTAIN ENTITIES TRANSPORTING INTOXICATED PERSONS HOME ARE DEDUCTIBLE FROM GROSS RECEIPTS.

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] DEDUCTION--GROSS RECEIPTS TAX--TRANSPORTATION OF INTOXICATED PERSONS.--Receipts from providing the service of transporting an intoxicated person a distance of no more than twenty miles to the person's residence in this state may be deducted from gross receipts by a holder of a commercial license to transport passengers for hire."

     Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2010.