Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Jennings
DATE TYPED 03/02/05 HB
SHORT TITLE Retired State Police Officer License Plates
SB 976
ANALYST Ford
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
Minimal—
See Narrative
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Attorney General (AGO)
Department of Public Safety (DPS)
Department of Transportation (DOT)
SUMMARY
Synopsis of Bill
Senate Bill 976 removes restrictions on the design on special registration plates for retired New
Mexico state police officers. Current law requires that the design conform to the general specifi-
cations in Section 66-3-424 NMSA 1978 and requires the secretary of taxation and revenue to
approve the final logo. This bill removes both those provisions, presumably leaving the design
of the special plates to the discretion of the Motor Vehicle Division (MVD) of the Taxation and
Revenue Department (TRD).
FISCAL IMPLICATIONS
MVD will incur minimal costs to design and approve a special license plate that departs from its
standardized design.
pg_0002
Senate Bill 976 -- Page 2
OTHER SUBSTANTIVE ISSUES
Section 66-3-424 NMSA 1978 provides for a standardized plate with a space for a unique logo
for individual associations or causes. This section was enacted in response to the numerous re-
quests for specialty plates that, while worthy of consideration, had the potential to overwhelm the
resources of the MVD. This bill departs from that standardized approach. Creating and approv-
ing a unique design for one license plate is not likely to be burdensome to MVD; however, it
may erode the standardized approach and lead to future requests for unique designs. These re-
quests could prove costly to MVD.
EF/lg