§ 36-154. Dedication of revenues.

(a)

The funds received from the county gross receipts tax will be placed in the county's general fund.

(b)

Indigent patients county gross receipts tax. The entire amount of revenue produced by the imposition of the indigent patients county gross receipts tax pursuant to section 36-151 shall be placed in the county's indigent hospital claims fund and shall be used solely for the support of indigent patients who are residents of the county pursuant to the provisions of the state Indigent Hospital and County Health Care Act, NMSA 1978, § 27-5-1 et seq., and the Statewide Health Care Act, NMSA 1978, § 24-1-1 et seq. On July 1, 1993, and on July 1 of each year thereafter, revenue produced by the imposition of the indigent patients county gross receipts tax in an amount equal to a gross receipts tax rate of 1/16 of one percent applied to the taxable gross receipts reported during the prior fiscal year by persons engaging in business in the county shall be transferred from the county indigent hospital claims fund, and dedicated, to the county-supported medicaid fund.

(Ord. No. 85-09, § 4, 1985; Ord. No. 85-103, § 1, 1989; Ord. No. 85-175, § 1, 1993; Code 1985, § 4.12.040)