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NM SB94

NM SB94
Nonathletic Event Gross Receipts


summary

Introduced
01/17/2017
In Committee
01/29/2017
Crossed Over
02/02/2017
Passed
01/28/2017
Dead
Vetoed
01/28/2017

Introduced Session

2017 Regular Session

Bill Summary

AN ACT RELATING TO TAXATION; EXTENDING THE DEDUCTION FROM GROSS RECEIPTS AND GOVERNMENTAL GROSS RECEIPTS FOR NONATHLETIC SPECIAL EVENTS AT POST-SECONDARY EDUCATIONAL INSTITUTIONS.

AI Summary

This bill extends the deduction from gross receipts and governmental gross receipts for nonathletic special events held at post-secondary educational institutions located within 50 miles of the New Mexico border that can accommodate at least 10,000 people. The deduction applies to receipts received from July 1, 2007 through June 30, 2022.

Committee Categories

Budget and Finance, Education, Transportation and Infrastructure

Sponsors (1)

Last Action

[LD 12] Passed House (62-0) Pocket veto by the Governor. (on 01/28/2017)

bill text


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