A municipality shall provide by ordinance a method to either audit or otherwise ensure that vendors subject to the stadium surcharge collect and remit to the treasurer of the municipality the full amount of the surcharge receipts due to the municipality.
History: Laws 2001, ch. 231, § 6.
Emergency clause. — Laws 2001, ch. 231, § 13 contained an emergency clause and was approved April 3, 2001.
Structure 2021 New Mexico Statutes
Article 65 - Minor League Baseball Stadium Funding
Section 3-65-2 - Findings and purpose.
Section 3-65-4 - Authorization of surcharge; use of proceeds.
Section 3-65-5 - Collection of surcharge; remittance to the municipality.
Section 3-65-7 - Enforcement; penalties.
Section 3-65-8 - Authorization of project.