A municipality shall provide by ordinance a method to audit or otherwise ensure that vendors subject to the event center surcharge collect and remit to the treasurer of the municipality the full amount of the surcharge receipts due to the municipality.
History: Laws 2005, ch. 351, § 8.
Emergency clause. — Laws 2005, ch. 351, § 14 contained an emergency clause and was approved April 8, 2005.
Structure 2021 New Mexico Statutes
Article 66 - Municipal Event Center Funding
Section 3-66-2 - Findings and purpose.
Section 3-66-4 - Authorization of surcharge and other fees; use of proceeds; transfer.
Section 3-66-5 - Collection of event center surcharge; remittance to municipality.
Section 3-66-7 - Enforcement; penalties.
Section 3-66-8 - Issuance of bonds.
Section 3-66-9 - Cumulative and complete authority.