In the event House Bill No. 117 of the twenty-fourth legislature becomes law, the taxes collected, the proceeds of which are hereinafter anticipated, shall be those levied by that 1959 act.
History: 1953 Comp., § 75-34-34.1, enacted by Laws 1959, ch. 69, § 2.
Compiler's notes. — House Bill No. 117 refers to Laws 1959, ch. 52, the operative provisions which are currently compiled as 7-29-1, 7-29-2, and 7-29-5 to 7-29-8 NMSA 1978.