0001|                               AN ACT
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0002| RELATING TO TAXATION; AMENDING THE COUNTY HOSPITAL EMERGENCY GROSS
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0003| RECEIPTS TAX TO EXTEND THE TIME PERIOD TO IMPOSE THE TAX; DECLARING AN
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0004| EMERGENCY.
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0005| 
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0006| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0007|      Section 1.  Section 7-20E-12.1 NMSA 1978 (being Laws 1994, Chapter
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0008| 14, Section 1) is amended to read:
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0009|      "7-20E-12.1.  COUNTY HOSPITAL EMERGENCY GROSS RECEIPTS
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0010| TAX--AUTHORITY TO IMPOSE--USE OF PROCEEDS.--
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0011|           A.  The majority of the members of the governing body may
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0012| enact an ordinance imposing an excise tax on any person engaging in
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0013| business in the county for the privilege of engaging in business.  The
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0014| rate of the tax shall be one-fourth of one percent of the gross receipts
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0015| of the person engaging in business.  The tax shall be imposed for a
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0016| period of not more than two years from the effective date of the
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0017| ordinance imposing the tax.  The tax may be imposed for an additional
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0018| period not to exceed three years from the date of the ordinance imposing
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0019| the tax for that period.
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0020|           B.  The tax imposed by this section may be referred to as the
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0021| "county hospital emergency gross receipts tax".
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0022|           C.  At the time of enacting the ordinance imposing the tax
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0023| authorized in this section, the governing body shall dedicate the
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0024| revenue for current operations and maintenance of a hospital owned by
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0025| the county or a hospital with whom the county has entered into a health
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0001| care facilities contract.
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0002|           D.  As used in this section, "county" means a
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0003| class B county with a population of less than ten thousand according to
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0004| the 1990 federal decennial census and with a net taxable value for
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0005| rate-setting purposes for the 1993 property tax year in excess of one
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0006| hundred million dollars ($100,000,000)."
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0007|      Section 2.  EMERGENCY.--It is necessary for the public peace,
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0008| health and safety that this act take effect immediately.                 
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0009|                                 
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0010| 
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0011|                                                              HB
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0012| 419
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0013|                                                              Page 
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