0001|                         HOUSE BILL 674
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003|     1996
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0004|                         INTRODUCED BY
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0005|                       R. DAVID PEDERSON
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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|                             AN ACT
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0012|     MAKING AN APPROPRIATION TO PROVIDE FOR A STUDY OF AUTOMOBILE
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0013|     INSURANCE.
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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.  AUTOMOBILE INSURANCE STUDY COMMITTEE.--APPROPRIATION.--
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0017|       A.  There is created an "automobile insurance study
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0018|     committee".  The committee shall study the automobile insurance
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0019|     laws and industry in New Mexico.  The committee shall be
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0020|     composed of twelve members, consisting of four members of the

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0021|     house of representatives, four members of the senate and four
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0022|     members of the public.  All members of the committee shall be
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0023|     appointed by the New Mexico legislative council.  Of the public
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0024|     members appointed, one member shall be a consumer lawyer who
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0025|     regularly represents plaintiffs in accident cases, one member
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0001|     shall be a representative of the insurance industry and two
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0002|     members shall be representatives of statewide consumer groups. 
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0003|     The committee shall function from July 1, 1996 to November 31,
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0004|     1996 and, upon its conclusion, shall report its findings and
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0005|     recommendations to the New Mexico legislative council.
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0006|            B.  One hundred thousand dollars ($100,000) is
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0007|     appropriated from the general fund to the legislative council
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0008|     service for expenditure in fiscal year 1997 for the purpose of
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0009|     contracting for expert services, including those of an actuarial
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0010|     consultant, and to pay per diem and mileage and other necessary
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0011|     expenses for a study of automobile insurance in New Mexico.  Any
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0012|     unexpended or unencumbered balance remaining at the end of
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0013|     fiscal year 1997 shall revert to the general fund.
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0014|                                - 2 -PLEASE SEE HOUSE BILL 154
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