Bill > SB71

This bill amends existing New Mexico law concerning petroleum product standards, specifically focusing on biodiesel requirements in diesel fuel. The key changes involve removing provisions that allowed for the suspension of biodiesel mandates under certain conditions, such as insufficient availability or significantly higher prices of biodiesel compared to regular diesel fuel. Previously, the director could suspend these requirements for up to six months if these conditions were met. The bill also removes a specific requirement for diesel fuel sold to state agencies, political subdivisions, and public schools to contain five percent biodiesel between July 1, 2010, and July 1, 2012, and clarifies that after July 1, 2012, all diesel fuel sold for use in motor vehicles on public roads must contain five percent biodiesel, with no explicit mention of the director's ability to suspend this requirement. The Petroleum Products Standards Act, which this bill modifies, is a law designed to ensure the quality and compliance of petroleum products sold within the state.