NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-19-11

Definitions

Official textnmonesource.comlast amended 2025

As used in the Supplemental Municipal Gross Receipts Tax Act:

# A.

"department" means the taxation and revenue department, the secretary of taxation and revenue or any employee of the department exercising authority lawfully delegated to that employee by the secretary;

# B.

"governing body" means the city council or city commission of a municipality;

# C.

"municipality" means any incorporated city, town or village having previously qualified to impose and did impose the tax pursuant to the provisions of the Supplemental Municipal Gross Receipts Tax Act in effect prior to the enactment of Laws 1997, Chapter 219;

# D.

"person" means an individual or any other legal entity;

# E.

"refunding bonds" means bonds issued pursuant to the provisions of the
Supplemental Municipal Gross Receipts Tax Act to refund supplemental municipal gross receipts tax bonds issued pursuant to the provisions of that act;

# F.

"state gross receipts tax" means the gross receipts tax imposed under the Gross
Receipts and Compensating Tax Act [Chapter 7, Article 9 NMSA 1978]; and

# G.

"supplemental municipal gross receipts tax" means the tax authorized to be imposed under the Supplemental Municipal Gross Receipts Tax Act.

Amendment history

Laws 1979, ch. 397, § 2; 1980, ch. 106, § 1; 1986, ch. 20, § 79; 1997, ch. 219, § 1; 2025, ch. 130, § 101.

Source: official source (NMSA chapter on nmonesource.com)

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