HOUSE BILL 217

56th legislature - STATE OF NEW MEXICO - second session, 2024

INTRODUCED BY

Jason C. Harper and Dayan Hochman-Vigil

 

 

 

 

 

AN ACT

RELATING TO TAXATION; AMENDING DISTRIBUTIONS OF THE LIQUOR EXCISE TAX AND THE MOTOR VEHICLE EXCISE TAX.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. Section 7-1-6.40 NMSA 1978 (being Laws 1997, Chapter 182, Section 1, as amended) is amended to read:

     "7-1-6.40. DISTRIBUTION OF LIQUOR EXCISE TAX--LOCAL DWI GRANT FUND--CERTAIN MUNICIPALITIES--DRUG COURT FUND.--

          A. A distribution pursuant to Section 7-1-6.1 NMSA 1978 in an amount equal to [forty-five] sixty percent of the net receipts attributable to the liquor excise tax shall be made to the local DWI grant fund.

          B. A distribution pursuant to Section 7-1-6.1 NMSA 1978 [of twenty thousand seven hundred fifty dollars ($20,750) monthly from the net receipts attributable to the liquor excise tax shall be made to a municipality that is located in a class A county and that has a population according to the most recent federal decennial census of more than thirty thousand but less than sixty thousand and shall be used by the municipality only for the provision of alcohol treatment and rehabilitation services for street inebriates] in an amount equal to thirty percent of the net receipts attributable to the liquor excise tax shall be made to the health care authority department to match federal funds for the state medicaid program and for no other purpose.

          C. [Beginning July 1, 2019] A distribution pursuant to Section 7-1-6.1 NMSA 1978 in an amount equal to [five] ten percent of the net receipts attributable to the liquor excise tax shall be made to the drug court fund."

     SECTION 2. Section 7-14-10 NMSA 1978 (being Laws 1988, Chapter 73, Section 20, as amended) is amended to read:

     "7-14-10. DISTRIBUTION OF PROCEEDS.--The receipts from the tax and any associated interest and penalties shall be deposited in the "motor vehicle suspense fund", hereby created in the state treasury. As of the end of each month, the net receipts attributable to the tax and associated penalties and interest shall be distributed as follows:

          [A. fifty-nine and thirty-nine hundredths percent to the general fund;

          B. twenty-one and eighty-six hundredths] A. fifty percent to the state road fund; and

          [C. eighteen and seventy-five hundredths] B. fifty percent to the transportation project fund."

     SECTION 3. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2024.

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