SENATE BILL 100

46th legislature - STATE OF NEW MEXICO - first session, 2003

INTRODUCED BY

Allen V. Hurt







AN ACT

RELATING TO TAXATION; REPEALING THE GROSS RECEIPTS TAX DEDUCTIONS FOR RECEIPTS FROM PUBLISHING AND SELLING NEWSPAPERS.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. REPEAL.--Sections 7-9-63 and 7-9-64 NMSA 1978 (being Laws 1969, Chapter 144, Sections 53 and 54) are repealed.

Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2003.

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