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2019 New Mexico Statutes
Chapter 7 - Taxation
Article 9 - Gross Receipts and Compensating Tax
Section 7-9-41.1 - Exemption; gross receipts tax and governmental gross receipts tax; athletic facility surcharge.
Universal Citation: NM Stat § 7-9-41.1 (2019)
Exempted from the gross receipts tax and from the governmental gross receipts tax are the receipts of a university from an athletic facility surcharge imposed pursuant to the University Athletic Facility Funding Act [21-30-1 to 21-30-10 NMSA 1978].
History: Laws 2007, ch. 117, § 1.
ANNOTATIONSEmergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
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