§ 7-9-41-1

Exempted from the gross receipts tax and from the governmental gross receipts tax are the receipts of a university from an athletic facility surcharge imposed pursuant to the University Athletic Facility Funding Act [21-30-1 to 21-30-10 NMSA 1978]. History: Laws 2007, ch. 117, § 1. ANNOTATIONSEmergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.