HOUSE BILL 123

55th legislature - STATE OF NEW MEXICO - second session, 2022

INTRODUCED BY

Rebecca Dow and Phelps Anderson

 

 

 

 

 

AN ACT

RELATING TO TAXATION; EXEMPTING FACE MASKS SOLD DURING A PUBLIC HEALTH EMERGENCY FROM THE GROSS RECEIPTS TAX; DECLARING AN EMERGENCY.

 

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--FACE MASKS SOLD DURING PUBLIC HEALTH EMERGENCY.--

          A. Exempted from the gross receipts tax are the receipts from the sale of face masks while a public health order issued by the secretary of health or executive order issued by the governor related to a public health emergency is in effect.

          B. As used in this section, "face mask" means a mask or multilayered face cloth that covers the nose and mouth and is intended for a medical purpose to assist in preventing the spread of infectious materials."

     SECTION 2. EFFECTIVE DATE.--

          A. If this act takes effect on or before April 1, 2022, the effective date of the provisions of this act is April 1, 2022.

          B. If this act takes effect after April 1, 2022, the effective date of the provisions of this act is June 1, 2022.

     SECTION 3. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

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