2011 New Mexico Statutes
Chapter 7: Taxation
Article 20E: County Local Option Gross Receipts Taxes, 7-20E-1 through 7-20E-27
Section 7-20E-10: County gross receipts tax; referendum requirements.
7-20E-10. County gross receipts tax; referendum requirements.
A. An ordinance enacting the first or third one-eighth increment or the one-sixteenth increment of county gross receipts tax pursuant to Section 7-20E-9 NMSA 1978 shall be subject to optional referendum selection by the governing body, pursuant to Subsection A of Section 7-20E-3 NMSA 1978.
B. Imposition by any county of the second one-eighth increment of county gross receipts tax shall not be subject to a referendum of any kind unless prescribed by the county charter or the governing body of the county.
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