Sat Mar 8 5:39PM - 13 days, 17 hours left in session

Senate Bill 289

Motor Vehicle Excise Tax Distributions [view on nmlegis.gov]

Financial Analysis: FIR


Sponsor
Sen. Roberto "Bobby" J. Gonzales 6 Los Alamos, Rio Arriba, Santa Fe & Taos

Status
STBTCWas scheduled for Feb 20. 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: [4] STBTC/SFC-STBTC

Legis DayActionDetails
4 referred STBTC/SFC
4 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.

Feb 5 filed: [Prefiled by Roberto "Bobby" J. Gonzales; not yet on nmlegis]
[new]
sent to STBTC
title: '[prefiled by Roberto "Bobby" J. Gonzales; Not Yet on Nmlegis]' -> 'Motor Vehicle Excise Tax Distributions'
actions: 'SPREF' -> '[4] STBTC/SFC-STBTC'
new sponsor: Roberto "Bobby" J. Gonzales
Feb 19 scheduled for STBTC on Thu Feb 20, 13:30

SENATE BILL 289

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

INTRODUCED BY

Roberto "Bobby" J. Gonzales

 

 

 

 

 

AN ACT

RELATING TO TAXATION; AMENDING MOTOR VEHICLE EXCISE TAX DISTRIBUTIONS.

 

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] ten percent to the general fund;

          B. [twenty-one and eighty-six hundredths] sixty-five percent to the state road fund; and

          C. [eighteen and seventy-five hundredths] twenty-five 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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