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Bill > SB275


NM SB275

NM SB275
Motor Vehicle Registration Fees


summary

Introduced
01/30/2023
In Committee
03/15/2023
Crossed Over
03/09/2023
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Motor Vehicle Registration Fees

AI Summary

This bill amends the existing law on motor vehicle registration fees in New Mexico. It increases the registration fees for passenger vehicles based on their gross factory shipping weight, with higher fees for heavier vehicles. The bill also increases the registration fees for trucks, truck tractors, road tractors, and buses based on their declared gross weight. Additionally, it transfers a percentage of the registration fees for certain trucks to the recycling and illegal dumping fund. The bill will take effect on July 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

HTRC: Reported by committee with Do Pass recommendation with amendment(s) (on 03/15/2023)

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