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New Mexico lawmakers cool to city gross receipts tax plan
Senate Finance Chairman Aubrey Dunn said cities could tighten budgets instead of a .25 percent gross receipts levy. Rep. Colin McMillan tied new city taxes to the state surplus, while Sen. Echols warned of restructuring the tax system to close city deficits. Gov. Apodaca’s plan to shift highway funding to a general fund faced doubt as lawmakers weigh 1976 priorities.
MENTIONED IN THIS ARTICLE
Santa FE
New Mexico Municipal League
Senate
Aubrey Dunn
D-Alamogords
Colin McMillan
R-Roswell
McMillan
Odis Echols
D-Clovis
Jerry Apodaca
State Highway Department
SHD
Apodaca
Bob Ferguson
Artesia Democrat
John Morrow
D-Union- Colfax-Harding-San Miguel
Arancher
Sen
Morrow
Legislative Revenue Stabilization Committee