New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 6 - BOXING, WRESTLING AND MARTIAL ARTS
Part 14 - FEE SCHEDULE
Section 15.6.14.8 - FEES
Current through Register Vol. 35, No. 18, September 24, 2024
A. All fees are non-refundable.
B. Annual licensing fees are set as follows:
C. Regulatory fee: In an amount established semi-annually by the commission sufficient to cover the costs of regulating professional contests, up to four percent (4 %) of the total gross receipts derived by the promoter from any professional contest conducted live in New Mexico.
D. Supervisory fee: In an amount established semi-annually by the commission sufficient to cover the costs of supervising the exhibition of professional contests on a closed-circuit telecast, podcast or webcast or motion picture, up to five percent (5 %) of the total gross receipts derived from the exhibition.