0001|                    SENATE JOINT MEMORIAL 17
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND
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0003|     SESSION, 1996
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0004|                         INTRODUCED BY
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0005|                          ANN J. RILEY
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0006|     
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0007|                                
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0008|     
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0009|     
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0010|     
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0011|                        A JOINT MEMORIAL
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0012|     REQUESTING THAT THE LEGISLATIVE COUNCIL ESTABLISH A TASK FORCE
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0013|     TO STUDY AUTOMOBILE INSURANCE PROBLEMS AND PREMIUM RATES IN NEW
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0014|     MEXICO.
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0015|     
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0016|       WHEREAS, automobile insurance problems are prevalent
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0017|     throughout New Mexico; and
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0018|       WHEREAS, automobile insurance problems include the
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0019|     automobile insurance premium rates charged and the apparently
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0020|     low percentage of New Mexicans who have automobile insurance in
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0021|     compliance with the Mandatory Financial Responsibility Act; and
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0022|       WHEREAS, a number of options may be available to lower
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0023|     automobile insurance premium rates, increase the percentage of
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0024|     New Mexicans who are insured and otherwise provide for a fairer
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0025|     and more effective system to improve driver safety and
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0001|     compensate victims promptly and equitably for property and other
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0002|     damages sustained as a result of automobile accidents or
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0003|     operations; and 
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0004|       WHEREAS, a study of automobile insurance problems and
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0005|     system operations in New Mexico and elsewhere would serve the
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0006|     public interest and could result in significant reforms being
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0007|     enacted into law; 
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0008|       NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE
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0009|     STATE OF NEW MEXICO that the legislative council be requested to
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0010|     establish a task force of legislators and interested persons
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0011|     representing consumer and other affected interests to study
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0012|     automobile insurance laws and operations in New Mexico and seek
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0013|     to determine why automobile insurance rates are at the level
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0014|     they are in New Mexico; investigate whether, and, if so, why,
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0015|     those rates are disproportionately high; assess what options are
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0016|     reasonably available to lower the rates; determine what
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0017|     percentage of New Mexicans are uninsured and what options may be
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0018|     pursued to decrease that percentage; consider what options are
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0019|     in general available to address automobile insurance problems in
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0020|     New Mexico, including the advantages and disadvantages of each;
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0021|     address concerns about competition in the marketplace,
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0022|     fraudulent practices and their impact on rates; and review how
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0023|     enforcement of effective automobile insurance laws can be
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0024|     achieved, including consideration of effective methods working
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0025|     in other states; and 
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0001|       BE IT FURTHER RESOLVED that the task force report the
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0002|     results of its study to the legislative council by December 1,
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0003|     1996; and
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0004|       BE IT FURTHER RESOLVED that a copy of this memorial be
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0005|     transmitted to the co-chairmen of the legislative council, the
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0006|     speaker of the house of representatives and the president pro
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0007|     tempore of the senate.
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0008|                             - 3 -
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0009|     
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0010|           
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0011|   
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0012|                    FORTY-SECOND LEGISLATURE
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0013|                      SECOND SESSION, 1996
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0014|   
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0015|   
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0016|                                             February 10, 1996
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0017|   
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0018|   Mr. President:
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0019|   
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0020|     Your RULES COMMITTEE, to whom has been referred
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0021|   
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0022|                    SENATE JOINT MEMORIAL 17
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0023|   
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0024|   has had it under consideration and reports same with
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0025|   recommendation that it DO PASS, and thence referred to the
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0001|   FINANCE COMMITTEE.
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0002|   
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0003|                              Respectfully submitted,
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0004|   
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0005|   
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0006|   
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0007|                              __________________________________
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0008|                              Gloria Howes, Chairman 
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0009|   
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0010|   
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0011|   
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0012|   Adopted_______________________ Not Adopted_______________________
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0013|             (Chief Clerk)                          (Chief Clerk)
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0014|   
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0015|   
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0016|   
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0017|                     Date ________________________
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0018|   
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0019|   
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0020|   The roll call vote was <u> 7 </u> For <u> 0 </u> Against
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0021|   Yes:  7
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0022|   No:        0
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0023|   Excused:   EJennings, Wray
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0024|   Absent:    0
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0025|   
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0001|   
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0002|   SJ017RU1
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0003|       
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0004|   
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0005|                    FORTY-SECOND LEGISLATURE
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0006|                      SECOND SESSION, 1996
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0007|   
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0008|   
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0009|                                             February 13, 1996
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0010|   
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0011|   Mr. President:
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0012|   
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0013|     Your CORPORATIONS & TRANSPORTATION COMMITTEE, to
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0014|   whom has been referred
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0015|   
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0016|                    SENATE JOINT MEMORIAL 17
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0017|   
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0018|   has had it under consideration and reports same with
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0019|   recommendation that it DO PASS.
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0020|   
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0021|                              Respectfully submitted,
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0022|   
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0023|   
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0024|   
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0025|                              __________________________________
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0001|                              Roman M. Maes, III, Chairman 
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0002|   
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0003|   
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0004|   
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0005|   Adopted_______________________ Not Adopted_______________________
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0006|             (Chief Clerk)                          (Chief Clerk)
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0007|   
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0008|   
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0009|   
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0010|                     Date ________________________
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0011|   
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0012|   
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0013|   The roll call vote was <u> 5 </u> For <u> 0 </u> Against
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0014|   Yes:  5
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0015|   No:        0
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0016|   Excused:   Fidel, Maloof, McKibben, Robinson
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0017|   Absent:    None
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0018|   
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0019|   
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0020|   SJ017CT1
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0021|   
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