Section 7-24-16 – Interpretation of act; administration and enforcement of the tax.
A. The department shall interpret the provisions of the Local Liquor Excise Tax Act [7-24-8 to 7-24-16 NMSA 1978]. B. The department shall administer and enforce the Local Liquor Excise Tax Act, and the Tax Administration Act [Chapter 7, Article 1 NMSA 1978] applies to the collection and enforcement of the local liquor excise tax. […]
Section 7-24-7 – Repealed.
ANNOTATIONS Repeals. — Laws 1979, ch. 201, § 6, repealed 7-24-7 NMSA 1978, as enacted by Laws 1973, ch. 230, § 3, relating to procedures for hearings upon application for liquor licenses, effective June 15, 1979.
Section 7-24-8 – Short title.
Sections 7-24-8 through 7-24-16 NMSA 1978 may be cited as the “Local Liquor Excise Tax Act”. History: Laws 1989, ch. 326, § 1; 1993, ch. 30, § 23. ANNOTATIONS The 1993 amendment, effective June 18, 1993, substituted “Sections 7-24-8 through 7-24-16 NMSA 1978” for “Sections 1 through 9 of this act”.
Section 7-24-9 – Definitions.
As used in the Local Liquor Excise Tax Act [7-24-8 to 7-24-16 NMSA 1978]: A. “alcoholic beverages” means distilled or rectified spirits, potable alcohol, brandy, whiskey, rum, gin and aromatic bitters or any similar alcoholic beverage, including blended or fermented beverages, dilutions or mixtures of one or more of the foregoing containing more than one-half […]
Section 7-24-10 – Authorization to impose local liquor excise tax; rate; use of proceeds; election required.
A. The majority of the members elected to the governing body may enact an ordinance imposing on any retailer an excise tax on the price paid by the retailer for alcoholic beverages purchased by the retailer upon which the tax imposed by this section has not been paid. The tax may be imposed at a […]
Section 7-24-10.1 – Use of tax proceeds; local liquor excise tax committee; joint powers agreement; community participation.
A. Prior to an election on the question of imposing a local liquor excise tax pursuant to the provisions of the Local Liquor Excise Tax Act [7-24-8 to 7-24-16 NMSA 1978], the governing body of a county shall enter into a joint powers agreement with the governing body of the most populated municipality and the […]
Section 7-24-11 – Date payment due.
The tax imposed by the Local Liquor Excise Tax Act [7-24-8 to 7-24-16 NMSA 1978] is to be paid on or before the twenty-fifth day of the month following the month in which the taxable event occurs. History: Laws 1989, ch. 326, § 4. ANNOTATIONS Effective dates. — Laws 1989, ch. 326 contained no effective […]
Section 7-24-12 – Exemption.
Exempted from the local liquor excise tax is the purchase of alcoholic beverages by any instrumentality of the armed forces of the United States engaged in resale activities. History: Laws 1989, ch. 326, § 5. ANNOTATIONS Effective dates. — Laws 1989, ch. 326 contained no effective date provision, but, pursuant to N.M. Const., art. IV, […]
Section 7-24-13 – Exemption; purchases for resale.
Exempted from any local liquor excise tax are purchases for sale to retailers for resale. History: Laws 1989, ch. 326, § 6. ANNOTATIONS Effective dates. — Laws 1989, ch. 326 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 16, 1989, 90 days after the adjournment of […]
Section 7-24-14 – Refund or credit of tax.
An ordinance imposing a local liquor excise tax shall provide for and the department shall allow a claim for refund, in accordance with the provisions of the Tax Administration Act [Chapter 7, Article 1 NMSA 1978], for the local liquor excise tax paid on alcoholic beverages destroyed in shipment, or otherwise damaged so as to […]