NMSA 1978, § 7-9-99 — 7-9-99

Deduction; gross receipts tax; sale of engineering,
architectural and new facility construction services used in
construction of certain public health care facilities.
Receipts from selling an engineering, architectural or construction service used in
the new facility construction of a sole community provider hospital [qualifying hospital]
that is located in a federally designated health professional shortage area may be
deducted from gross receipts if the sale of the engineering, architectural or construction
service is made to a foundation or a nonprofit organization that:

# A.

has entered into a written agreement with a county to pay at least ninety-five
percent of the costs of new facility construction of that sole community provider hospital
[qualifying hospital]; and

# B.

delivers to the seller of the engineering, architectural or construction service
either an appropriate nontaxable transaction certificate or other evidence acceptable to
the secretary of a written agreement made in accordance with Subsection A of this
section.