N.M. Stat. § 27-5-6.2

Current through 2024, ch. 69
Section 27-5-6.2 - Transfer to safety net care pool fund
A. A county shall, by ordinance to be effective July 1, 2014, dedicate to the safety net care pool fund an amount equal to a gross receipts tax rate of one-twelfth percent applied to the taxable gross receipts reported during the prior fiscal year by persons engaging in business in the county. For purposes of this subsection, a county may use public funds from any existing authorized revenue source of the county.
B. A county enacting an ordinance pursuant to Subsection A of this section shall transfer to the safety net care pool fund by the last day of March, June, September and December of each year an amount equal to one-fourth of the county's payment to the safety net care pool fund.

NMS § 27-5-6.2

Laws 2014, ch. 79, § 16.
Added by 2014, c. 79,s. 16, eff. 3/12/2014.