0001|                            HOUSE BILL 388
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0002|     43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
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0003|                            INTRODUCED BY
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0004|                       JUDY VANDERSTAR RUSSELL
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0005|     
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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|                                AN ACT
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0011|     RELATING TO MOTOR VEHICLES; PROVIDING FOR THE USE OF YEAR-OF-
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0012|     MANUFACTURE LICENSE PLATES FOR ANTIQUE MOTOR VEHICLES;
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0013|     ENACTING A SECTION OF THE MOTOR VEHICLE CODE.
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0014|     
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0015|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0016|          Section 1.  A new section of the Motor Vehicle Code is
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0017|     enacted to read:
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0018|          "[<u>NEW MATERIAL</u>] YEAR-OF-MANUFACTURE LICENSE PLATES--
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0019|     PROCEDURES--FEES.--
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0020|               A.  The division may specially register and permit
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0021|     the use of year-of-manufacture license plates on motor
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0022|     vehicles thirty or more years old.
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0023|               B.  The division shall inspect the year-of-
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0024|     manufacture license plate to ensure the plate is in good
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0025|     condition and the number on the plate is not already assigned
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<center>- 1 -</center>

0001|     or in use.  To qualify for use, the year-of-manufacture plate
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0002|     shall be an authentic plate issued in New Mexico during the
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0003|     motor vehicle's model year.
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0004|               C.  For a one-time fee of twenty-five dollars
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0005|     ($25.00), which shall be in addition to the regular motor
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0006|     vehicle registration fees, any owner of a motor vehicle that
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0007|     is thirty or more years old may apply to the division to use a
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0008|     year-of-manufacture plate on his vehicle.
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0009|               D.  Upon the sale or transfer of a motor vehicle
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0010|     bearing a year-of-manufacture plate, and upon payment of a ten
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0011|     dollar ($10.00) transfer fee in addition to the regular motor
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0012|     vehicle registration fees, the plate shall remain with the
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0013|     vehicle and be transferred to the new owner.
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0014|               E.  Ten dollars ($10.00) of the fee collected
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0015|     pursuant to Subsection C of this section shall be retained by
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0016|     the department and is appropriated to the department to defray
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0017|     the cost of issuing the special year-of-manufacture
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0018|     registration plates."
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0019|                              
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