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Bill > HB249


NM HB249

NM HB249
College Special Event Gross Receipts


summary

Introduced
01/20/2017
In Committee
02/09/2017
Crossed Over
01/26/2017
Passed
02/13/2017
Dead
Signed/Enacted/Adopted
02/13/2017

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 non-athletic special events held at post-secondary educational institutions within 50 miles of the New Mexico border that accommodate at least 10,000 persons. The deduction applies to receipts from admissions to such events from July 1, 2007 through June 30, 2022.

Committee Categories

Budget and Finance, Education, Transportation and Infrastructure

Sponsors (6)

Last Action

[LD 28] Signed by the Governor - Chapter 46 (on 02/13/2017)

bill text


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