NMSA 1978, § 7-24-1 — License tax imposed by municipalities

Municipalities within or composing local option districts may, by duly adopted
ordinance, impose an annual, nonprohibitive municipal license tax upon the privilege of
persons holding state licenses under the provisions of the Liquor Control Act [60-3A-1
NMSA 1978 et seq.] to operate within such municipalities as retailers, dispensers,
canopy licensees, restaurant licensees or club licensees. The amount of the license tax,
which shall not exceed two hundred fifty dollars ($250), and the dates and manner of
payment shall be fixed on or before June 1 of each year by the ordinance imposing the
tax. In case any municipality permits the payment in installments, no bond shall be
required to secure the payment of the deferred installments, but the remedy for the
collection shall be that provided in Section 7-24-3 NMSA 1978.