2019 New Mexico Statutes
Chapter 77 - Animals and Livestock
Article 2 - Livestock Board
Section 77-2-16 - Financial report and tax estimate; state levy; maximum rate.
It is the duty of the board on or before June 30 of each year to make and file with the department of finance and administration a report and estimate showing the amount of money in the custody or under the control of the treasurer of the board, the estimated receipts from all sources and the actual and estimated expenditures for the current fiscal year. The department of finance and administration shall annually, at the time and in the manner of certifying rates under the Property Tax Code [Chapter 7, Articles 35 to 38 NMSA 1978], certify a rate and impose a levy upon all cattle, horses, mules, asses, sheep, goats and buffalo in every county in the state, provided that such levy shall not exceed the amount required by operation of the rate limitation provisions of Section 7-37-7.1 NMSA 1978.
History: Laws 1915, ch. 85, § 1; 1929, ch. 157, § 2; C.S. 1929, § 4-815; 1941 Comp., § 49-212; 1953 Comp., § 47-2-12; Laws 1977, ch. 249, § 29; 1986, ch. 32, § 43; 1993, ch. 248, § 8.
ANNOTATIONSCross references. — For county levy for fund, see 77-2-15 NMSA 1978.
For brand fees to be placed to credit of fund, see 77-2-7.5 NMSA 1978.
For fees from rerecording of brands, see 77-2-7.12 NMSA 1978.
The 1993 amendment, effective June 18, 1993, rewrote this section to the extent that a detailed comparison is impracticable.
The 1986 amendment substituted "the New Mexico livestock board" for "said board" in the first sentence, substituted the language following "any one year" for "five and one-half mills upon each dollar of the assessed valuation of such animals" in the second sentence, and made minor stylistic changes.
The 1977 amendment substituted in the first sentence, "New Mexico livestock board" for "cattle sanitary board," "June 30" for "the first day of September," "department of finance and administration" for "state auditor" and "money" for "moneys" near the middle of the sentence and, in the second sentence, "department of finance and administration" for "state auditor" and "certifying rates under the Property Tax Code, certify a rate" for "levying other state taxes, levy a special tax."
