Bill > HB156

This bill creates the crime of unlawful possession of a "large capacity magazine" in New Mexico, defined as a magazine capable of holding more than 15 rounds of ammunition. The bill provides exceptions for certain individuals and entities, such as law enforcement officers, military personnel, and historical societies. Violating the law is a fourth-degree felony. The bill also appropriates $1.5 million from the general fund to the Department of Public Safety to carry out the provisions of the act, with any unused funds reverting to the general fund at the end of fiscal year 2023. The bill has an effective date of July 1, 2022.

Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=156&year=22