0001|                           HOUSE BILL 1249
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0002|     43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003|                            INTRODUCED BY
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0004|                         HENRY KIKI SAAVEDRA
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0005|     
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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|                                AN ACT
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0011|     RELATING TO TAXATION; ENACTING THE MOVIE THEATER TAX ACT;
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0012|     IMPOSING A TAX ON MOVIE THEATER TICKETS TO RAISE REVENUES FOR
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0013|     EDUCATIONAL TECHNOLOGY; CREATING A FUND; MAKING AN
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0014|     APPROPRIATION.
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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.  [<u>NEW MATERIAL</u>]  SHORT TITLE.--This act may
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0018|     be cited as the "Movie Theater Tax Act".
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0019|          Section 2.  [<u>NEW MATERIAL</u>]  DEFINITIONS.--As used in the
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0020|     Movie Theater Tax Act:
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0021|               A.   "department" means the taxation and revenue
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0022|     department, the secretary of taxation and revenue or any
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0023|     employee of the department exercising authority lawfully
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0024|     delegated to that employee by the secretary; and
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0025|               B.   "person" means an individual or other legal
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0001|     entity.
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0002|          Section 3.  [<u>NEW MATERIAL</u>]  MOVIE THEATER TAX IMPOSED.--
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0003|     There is imposed on the sale of every movie theater ticket an
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0004|     excise tax at the rate of five percent of the value of the
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0005|     ticket.   The tax may be referred to as the "movie tax".
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0006|          Section 4.  [<u>NEW MATERIAL</u>]  DATE PAYMENT DUE.--The
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0007|     person selling the movie theater ticket shall pay the movie tax
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0008|     imposed pursuant to the Movie Theater Tax Act on or before the
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0009|     twenty-fifth day of the month following the month in which the
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0010|     taxable event occurs.
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0011|          Section 5.  [<u>NEW MATERIAL</u>]  ADMINISTRATION--
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0012|     ENFORCEMENT.--
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0013|               A.   The department shall interpret the provisions
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0014|     of the Movie Theater Tax Act.  
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0015|               B.   The department shall administer and enforce the
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0016|     collection of the movie theater tax act, and the Tax
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0017|     Administration Act applies the administration and enforcement
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0018|     of the tax.
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0019|          Section 6.  A new section of the Tax Administration Act is
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0020|     enacted to read:
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0021|          "[<u>NEW MATERIAL</u>]  DISTRIBUTION--MOVIE TAX--EDUCATIONAL
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0022|     TECHNOLOGY FUND.--A distribution pursuant to Section 7-1-6.1
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0023|     NMSA 1978 shall be made to the educational technology fund in
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0024|     an amount equal to the net receipts attributable to the movie
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0025|     tax imposed pursuant to the Movie Theater Tax Act for the
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0001|     purpose of providing educational technology to school districts
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0002|     pursuant to the Technology for Education Act."
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0003|          Section 7.  EFFECTIVE DATE.--The effective date of the
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0004|     provisions of this act is July 1, 1997.
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0005|                              
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