{"data":{"id":"us-nm/3-38a-5","jurisdiction":"us-nm","citation":"3-38A-5","heading":"Financial reporting. (Repealed effective July 1, 2028.)","body":"The governing body of a municipality imposing a hospitality fee shall:\nA. furnish to any municipal advisory board dealing with occupancy, lodging or accommodation taxes or fees information on that portion of a proposed budget report or audit filed or received by the governing body pursuant to either Chapter 6, Article 6 NMSA 1978 or the Audit Act [12-6-1 to 12-6-14 NMSA 1978] that relates to the expenditure of hospitality fee proceeds within ten days of the filing or receipt of that proposed budget, report or audit; and\nB. report quarterly to the local government division of the department of finance and administration on the expenditure of hospitality fee proceeds pursuant to Sections 3-38-15 and 3-38-21 NMSA 1978.","path":["Chapter 3 - Municipalities","ARTICLE 38A Hospitality Fee"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18504/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"ebb4c6f0391b04502f525acd94cabcdff3cf2e60cfbb671365392eb1ac9dc600","source_id":"us-nm","stale":false,"prev":"us-nm/3-38a-4","next":"us-nm/3-38a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}