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Bill > SB396


NM SB396

NM SB396
Motorcycle Registration Fee & Fund


summary

Introduced
02/09/2023
In Committee
03/15/2023
Crossed Over
03/07/2023
Passed
03/17/2023
Dead
Signed/Enacted/Adopted
04/04/2023

Introduced Session

2023 Regular Session

Bill Summary

AN ACT RELATING TO TRANSPORTATION; INCREASING FEES FOR THE ANNUAL REGISTRATION OF MOTORCYCLES; INCREASING DISTRIBUTIONS FROM THE MOTOR VEHICLE SUSPENSE FUND TO THE MOTORCYCLE TRAINING FUND.

AI Summary

This bill increases the annual registration fee for motorcycles from $20 to $27, with $7 of the fee going to the Motorcycle Training Fund. Additionally, it increases the distribution from the Motor Vehicle Suspense Fund to the Motorcycle Training Fund from the existing motorcycle registration fees. These changes aim to provide more funding for motorcycle safety training programs in the state.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Last Action

Signed by Governor - Chapter 126 - Apr. 4 (on 04/04/2023)

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