Sat Mar 8 5:09PM - 13 days, 17 hours left in session

Senate Bill 27

State Road Fund Distribution Increase [view on nmlegis.gov]

Financial Analysis: FIR


Sponsor
Sen. Pat Woods 7 Curry, Harding, Quay & Union

Status
STBTC ❓Was scheduled for Feb 4. No vote recorded. Presumed stalled.
SFC

"Official" History

This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.

Actions: [1] STBTC/SFC-STBTC

Legis DayActionDetails
1 referred STBTC/SFC
1 sent STBTC

This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.

Jan 21 filed: STATE ROAD FUND DISTRIBUTION INCREASE
Feb 3 scheduled for STBTC on Tue Feb 4, 13:30

SENATE BILL 27

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Pat Woods

 

 

 

 

 

AN ACT

RELATING TO TAXATION; ELIMINATING A DISTRIBUTION OF THE MOTOR VEHICLE EXCISE TAX TO THE GENERAL FUND AND INCREASING THE DISTRIBUTION TO THE STATE ROAD FUND.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. Section 7-14-10 NMSA 1978 (being Laws 1988, Chapter 73, Section 20, as amended) is amended to read:

     "7-14-10. DISTRIBUTION OF PROCEEDS.--The receipts from the tax and any associated interest and penalties shall be deposited in the "motor vehicle suspense fund", hereby created in the state treasury. As of the end of each month, the net receipts attributable to the tax and associated penalties and interest shall be distributed as follows:

          [A. fifty-nine and thirty-nine hundredths percent to the general fund;

          B. twenty-one and eighty-six hundredths]

          A. eighty-one and twenty-five hundredths percent to the state road fund; and

          [C.] B. eighteen and seventy-five hundredths percent to the transportation project fund."

     SECTION 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2026.

- 2 -

Legislators: Democratic sponsorship Republican sponsorship Bipartisan sponsorship This indicates your legislator
(Highlights bills they sponsor, committees they sit in)
Bill Rows: Active -- hearings scheduled (NN) - sequence number in agenda Inactive -- no hearings scheduled
Bill Progress: Passed Failed Vote Tabled
Incomplete Data: Heard(?)
(was scheduled for hearing recently)		 Heard Long Ago
(was scheduled for hearing many days ago)		 (There is very little I can do about these because nmlegis.gov does not report real-time results)

This site pulls data from nmlegis.gov but is in no way associated with that site or the state of New Mexico. It's just a labor of love by Ed.

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