SENATE JOINT MEMORIAL 15

54th legislature - STATE OF NEW MEXICO - first session, 2019

INTRODUCED BY

George K. Munoz

A JOINT MEMORIAL

ENCOURAGING THE TAXATION AND REVENUE DEPARTMENT TO MEET WITH REPRESENTATIVES OF THE NEW MEXICO CENTER FOR ASSISTED LIVING AND OTHER ASSISTED LIVING FACILITY OPERATORS TO DETERMINE A FAIR, UNIFORM STANDARD TO DETERMINE GROSS RECEIPTS TAX CALCULATIONS.

     WHEREAS, assisted living is a relatively new level of care in New Mexico and across the nation, providing an alternative to more institutional and more costly long-term care; and

     WHEREAS, greater numbers of seniors are selecting assisted living as an option to meet their needs, and the number of seniors needing this service is projected to increase dramatically over the next twenty years in New Mexico; and

     WHEREAS, there currently is no standard or rule for assisted living facilities to determine how much revenue is allowed or exempted from gross receipts tax; and

     WHEREAS, a uniform standard for alternative living facilities to determine their gross receipts tax liability would be beneficial to assisted living operators and would save the taxation and revenue department time and financial resources by eliminating the need to audit assisted living facility operators; and

     WHEREAS, the absence of a standard adds significant uncertainty to the business environment for assisted living operators and could force some small assisted living operators to close; and

     WHEREAS, the New Mexico center for assisted living is the professional group that represents assisted living facilities in the state and would welcome dialogue on how to achieve a uniform standard to determine gross receipts tax liabilities;

     NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO that the taxation and revenue department be encouraged to meet with representatives of the New Mexico center for assisted living and other assisted living facility operators to determine a fair, uniform standard to determine gross receipts tax calculations; and

     BE IT FURTHER RESOLVED that copies of this memorial be transmitted to secretary of taxation and revenue and the president of the New Mexico center for assisted living.

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