BERNALILLO COUNTY’S PROPOSED SALES TAX HIKE COULD BE IN JEOPARDY. THE ALBUQUERQUE JOURNAL REPORTS COUNTY OFFICIALS ARE AFRAID THAT HOUSE BILL 412 INTRODUCED DURING THE RECENT LEGISLATIVE SESSION THAT WOULD HAVE BANNED COUNTIES AND MUNICIPALITIES FROM IMPOSING ANY EXTRA GROSS RECEIPTS TAX INCREMENTS COULD NULLIFY THEIR TAX INCREASE. THAT BILL DIED IN THE SENATE BUT COULD BE REVIVED DURING THE SPECIAL SESSION GOVERNOR MARTINEZ SAYS SHE’LL SCHEDULE.
BERNALILLO COUNTY’S SALES TAX HIKE IS SET TO TAKE EFFECT JULY 1ST … AND THE JOURNAL REPORTS THAT MAKES IT MORE VULNERABLE.
