Section 60-2F-13 - Fees for licenses and permits; disposition of revenue. - New Mexico Statutes

60-2F-13. Fees for licenses and permits; disposition of revenue.

A.     Fees for licenses and permits issued pursuant to the New Mexico Bingo and Raffle Act shall be established by board rule but shall not exceed the following amounts:

(1)     bingo license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal;

(2)     manufacturer's license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal; 

(3)     distributor's license, five hundred dollars ($500) for the initial license and five hundred dollars ($500) for each renewal; and

(4)     permit, seventy-five dollars ($75.00) for the initial permit and seventy-five dollars ($75.00) for each renewal. 

B.     All administrative receipts, including license and permit fees, collected pursuant to the New Mexico Bingo and Raffle Act shall be deposited in the general fund.