0001|                        SENATE BILL 379
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003|     1996
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0004|                         INTRODUCED BY
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0005|                        MANNY M. ARAGON
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0006|     
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0007|                                
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0008|     
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0009|     
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0010|     
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0011|                             AN ACT
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0012|     RELATING TO TAXATION; REPEALING ALL GROSS RECEIPTS, GOVERNMENTAL
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0013|     GROSS RECEIPTS AND COMPENSATING TAX EXEMPTIONS, DEDUCTIONS AND
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0014|     CREDITS; AMENDING AND REPEALING SECTIONS OF THE NMSA 1978.
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0015|     
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0016|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017|       Section 1.  Section 7-9-4.3 NMSA 1978 (being Laws 1991,
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0018|     Chapter 8, Section 2, as amended by Laws 1993, Chapter 332,
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0019|     Section 1 and also by Laws 1993, Chapter 352, Section 1) is
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0020|     amended to read:
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0021|       "7-9-4.3.  IMPOSITION AND RATE OF TAX--DENOMINATION AS
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0022|     "GOVERNMENTAL GROSS RECEIPTS TAX".--For the privilege of
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0023|     engaging in certain activities by governments, there is imposed
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0024|     on every agency, institution, instrumentality or political
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0025|     subdivision of the state <s>[except any school district and any
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<s></s>0001| <s>    entity licensed by the department of health that is principally
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<s></s>0002| <s>    engaged in providing health care services]</s> an excise tax of
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0003|     five percent of governmental gross receipts.  The tax imposed by
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0004|     this section shall be referred to as the "governmental gross
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0005|     receipts tax"."
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0006|       Section 2.  Section 7-9-12 NMSA 1978 (being Laws 1969,
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0007|     Chapter 144, Section 5, as amended) is amended to read:
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0008|       "7-9-12.  EXEMPTIONS.--Exempted from the gross receipts
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0009|     <u>tax</u> or compensating tax are those receipts or uses <s>[exempted
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<s></s>0010| <s>    in Sections 7-9-13 through 7-9-42 NMSA 1978.  Exemptions from
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<s></s>0011| <s>    either the gross receipts tax or the compensating tax are not
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<s></s>0012| <s>    exemptions from both taxes unless explicitly stated otherwise by
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<s></s>0013| <s>    law]</s> <u>that the state is prohibited from taxing pursuant to the
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<u></u>0014| <u>    United States constitution or federal law</u>."
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0015|       Section 3.      REPEAL.--Sections 7-9-13 through 7-9-87 NMSA
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0016|     1978 (being Laws 1969, Chapter 144, Section 6, Laws 1989,
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0017|     Chapter 262, Section 4, Laws 1992, Chapter 100, Section 3, Laws
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0018|     1969, Chapter 144, Sections 7 through 11, Laws 1987, Chapter
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0019|     264, Section 13, Laws 1987, Chapter 304, Section 1, Laws 1969,
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0020|     Chapter 144, Section 12, Laws 1988, Chapter 82, Section 1, Laws
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0021|     1969, Chapter 144, Section 15, Laws 1987, Chapter 247, Section
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0022|     1, Laws 1969, Chapter 144, Section 16, Laws 1987, Chapter 247,
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0023|     Section 2, Laws 1969, Chapter 144, Sections 17 through 21, Laws
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0024|     1970, Chapter 12, Section 3, Laws 1969, Chapter 144, Sections 23
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0025|     through 31, Laws 1992, Chapter 50, Section 12, Laws 1992,
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0001|     Chapter 67, Section 12, Laws 1969, Chapter 144, Section 32, Laws
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0002|     1970, Chapter 60, Section 2, Laws 1972, Chapter 61, Section 2,
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0003|     Laws 1966, Chapter 47, Section 13, Laws 1981, Chapter 333,
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0004|     Section 1, Laws 1969, Chapter 144, Sections 34 through 41, Laws
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0005|     1993, Chapter 31, Section 14, Laws 1969, Chapter 144, Sections
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0006|     42 through 44, Laws 1992, Chapter 40, Section 1, Laws 1995,
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0007|     Chapter 183, Section 2, Laws 1969, Chapter 144, Sections 45 and
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0008|     46, Laws 1994, Chapter 112, Section 2, Laws 1969, Chapter 144,
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0009|     Sections 47 through 49, Laws 1970, Chapter 12, Section 4, Laws
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0010|     1981, Chapter 37, Section 52, Laws 1969, Chapter 144, Sections
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0011|     52 through 54, 56 and 57, Laws 1984, Chapter 129, Section 2,
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0012|     Laws 1969, Chapter 144, Sections 58 and 60 through 63, Laws
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0013|     1970, Chapter 78, Section 2, Laws 1991, Chapter 8, Section 3,
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0014|     Laws 1971, Chapter 217, Section 2, Laws 1972, Chapter 39,
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0015|     Section 2, Laws 1977, Chapter 288, Section 2, Laws 1979, Chapter
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0016|     338, Section 7, Laws 1984, Chapter 2, Section 6, Laws 1966,
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0017|     Chapter 47, Section 15, Laws 1969, Chapter 144, Section 65, Laws
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0018|     1966, Chapter 47, Section 16, Laws 1989, Chapter 262, Section 8,
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0019|     Laws 1986, Chapter 20, Section 68, Laws 1993, Chapter 364,
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0020|     Sections 1 and 2, Laws 1994, Chapter 43, Section 1, Laws 1995,
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0021|     Chapter 80, Section 1 and Laws 1995, Chapter 155, Section 35, as
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0022|     amended) are repealed.
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0023|       Section 4.  EFFECTIVE DATE.--The effective date of the
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0024|     provisions of this act is July 1, 1997.
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0025|                                    
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0001|   
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0002|                    FORTY-SECOND LEGISLATURE
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0003|                      SECOND SESSION, 1996
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0004|   
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0005|   
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0006|                                              JANUARY 29, 1996
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0007|   
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0008|   Mr. President:
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0009|   
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0010|     Your COMMITTEES' COMMITTEE, to whom has been referred
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0011|   
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0012|                           SENATE BILL 379
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0013|   
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0014|   has had it under consideration and finds same to be GERMANE, PURSUANT
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0015|   TO CONSTITUIONAL PROVISIONS, and thence referred to the  WAYS AND
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0016|   MEANS COMMITTEE.
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0017|   
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0018|                              Respectfully submitted,
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0019|   
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0020|   
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0021|   
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0022|   
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0023|                              __________________________________
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0024|                              SENATOR MANNY M. ARAGON, Chairman 
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0025|   
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0001|   
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0002|   
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0003|   Adopted_______________________ Not Adopted_______________________
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0004|             (Chief Clerk)                        (Chief Clerk)
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0005|   
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0006|   
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0007|                     Date ________________________
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0008|   
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0009|   
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0010|   
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0011|   S0379CC1
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