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F I S C A L I M P A C T R E P O R T





SPONSOR: Smith DATE TYPED: 01/28/01 HB
SHORT TITLE: Registration of Certain Recreational Vehicles SB 88
ANALYST: Rael


REVENUE



Estimated Revenue
 Subsequent

Years Impact

 Recurring

or Non-Rec

 Fund

Affected

FY01 FY02
See Narrative Recurring General Fund



(Parenthesis ( ) Indicate Revenue Decreases)



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



This bill exempts recreational vehicles from the general requirement that owner who registers the vehicle must have a New Mexico residence.



Significant Issues



This bill increases the number of people eligible to register recreational vehicles in New Mexico.



FISCAL IMPLICATIONS



Because his bill increases the number of people eligible to register their vehicles in New Mexico, it may attract revenue from out-of-state visitors.



FAR/ar