2.3.16.020 Purpose

The purpose of this Act is authorize the Governor to approve and sign the Addendum to the Pueblo's Cooperative Agreement with the New Mexico Taxation and Revenue Department ("TRD") to: (1) address how receipts from internet sales that are reportable to the Pueblo would be handled under the Cooperative Agreement; and (2) waive the TRD administrative fees on Class 1 and Class 2 receipts for a five-year period to compensate for gross receipts collected by the State during the period of July 1, 2019 to June 30, 2021 that were not reported to the Pueblo's location code.