Title
Incorporated County of Los Alamos Ordinance No. 681, An Ordinance Amending Section 6 of Incorporated County of Los Alamos Ordinance No. 534 to Extend to January 1, 2024, The Time in Which an Election May be held to Reauthorize the Regional Gross Receipts Tax.
Recommended Action
I move that Council adopt Incorporated County of Los Alamos Ordinance No. 681, an ordinance amending Section 6 of Incorporated County of Los Alamos Ordinance No. 534 to extend to January 1, 2024, the time in which an election may be held to reauthorize the Regional Gross Receipts Tax; I further move that upon passage, the Ordinance be published in summary form.
County Manager's Recommendation
The County Manager recommends that Council adopt Incorporated County of Los Alamos Ordinance No. 681.
Body
Incorporated County of Los Alamos Ordinance No. Ordinance Number 534 became effective July 1, 2009, imposing a one eighth of one percent (.125%) County Regional Transit Gross Receipts Tax pursuant to NMSA 1978, Section 7-20E-23; and the County Regional Transit Gross Receipts Tax will be repealed on January 1, 2024, unless a reauthorization election for continuation of the County Regional Transit Gross Receipts Tax is held and approved at a general election in November 2022, or a special election in 2023, for a term and rate to be determined at that time; and the Board of Directors of North Central Regional Transit District has requested that its four county members change the dates of this reauthorization election in their respective ordinances.
This proposed amendment does not change the date the County Regional Transit Gross Receipts Tax will stand repealed if not reauthorized by the citizens through an election, but only provides greater flexibility as to the election dates for the citizens to vote upon whether to reauthorize the County Regional Transit Gross Receipts Tax; and the New Mexico Department of Tax and Revenue has reviewed the substance of the proposed amendment contai...
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