Bill > SB377

This bill establishes a new special license plate for the New Mexico United soccer team, which will be designed similar to the state's existing chile vehicle registration plate with yellow letters on a black background. Vehicle owners can obtain this plate by paying an initial fee of $50 in addition to regular registration fees, with an annual renewal fee of $20. The fee revenue will be distributed as follows: $12 will be retained by the motor vehicle department to cover plate production costs, while $38 from the initial fee and the full $20 renewal fee will go to the tourism department to promote sports-related tourism. The bill includes a sustainability provision that requires the motor vehicle department to annually assess the plate's popularity; if the number of plates issued falls below 50% of the average from fiscal years 2026 and 2027, the department will cease issuing the New Mexico United special registration plate starting in fiscal year 2029. The new license plate option will become available on July 1, 2025, providing an opportunity for soccer fans and supporters of the New Mexico United team to show their pride through a specialized vehicle registration plate.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=377&year=25