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SPONSOR: |
Vigil |
DATE TYPED: |
|
HB |
399 |
||
SHORT TITLE: |
Trip Tax Administrative Fee |
SB |
|
||||
|
ANALYST: |
Gilbert |
|||||
REVENUE
Estimated Revenue |
Subsequent Years Impact |
Recurring or
Non-Rec |
Fund Affected |
|
FY03 |
FY04 |
|
|
|
|
$150.0 |
$150.0 |
Recurring |
Road
Fund |
|
$150.0 |
$150.0 |
Recurring |
Motor Transportation
Division |
(Parenthesis
( ) Indicate Revenue Decreases)
Relates to HB 400
LFC Files
Department
of Public Safety (DPS)
State
Highway and Transportation Department (SHTD)
SUMMARY
Synopsis
of Bill
House Bill 399 establishes a one-dollar
administrative fee to be imposed by the Motor Transportation Division in
conjunction with the Trip Tax, the Caravan Tax, and Oversize/Overweight
Fees. One-half of each fee would be
distributed to the Motor Transportation Division for implementation, operation
and maintenance of a commercial vehicle information system and network, and
one-half would be distributed to the State Road Fund.
FISCAL IMPLICATIONS
Motor
Transportation Division (MTD) reports for FY 2002 show that approximately
330,000 transactions would be subject to the $1 administrative fee. Transaction counts declined from 385,000 in
FY 2001 to 330,000 in FY 2002. If HB 399
is adopted, MTD estimates that revenue would increase by a total of $300.0 for
FY 2004 and subsequent years.
TECHNICAL
ISSUES
The
Section 1, Subsection B (on page 2, line
5) provides that one-half of the fees “shall be deposited in the state road
fund”. These fees would probably be channeled
through the Taxation and Revenue Department and distributed to the state road
fund. Since the new administrative fee
is to be compiled within the Motor Vehicle Code and presumably would be
credited to the Motor Vehicle Suspense Fund pursuant to Section 66-6-22.1 NMSA
1978, a distribution provision should probably be included within Section
66-6-23 NMSA 1978.
RELATIONSHIP
HB 400
implements a similar trip tax permit fee.
RLG/prr