Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports if they are used for other purposes.

 

Current FIRs (in HTML & Adobe PDF formats) are available on the NM Legislative Website (legis.state.nm.us).  Adobe PDF versions include all attachments, whereas HTML versions may not.  Previously issued FIRs and attachments may also be obtained from the LFC in Suite 101 of the State Capitol Building North.

 

 

F I S C A L    I M P A C T    R E P O R T

 

 

 

SPONSOR

Silva

DATE TYPED

2/10/2004

HB

388/aHTC

 

SHORT TITLE

Use of Neighborhood Electric Cars on Streets

SB

 

 

 

ANALYST

Valenzuela

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

NFI

 

NFI

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

LFC Files

 

Responses Received From

Energy, Minerals and Natural Resources Department

 

No Response Received From

Department of Transportation

Department of Public Safety

 

SUMMARY

 

     Synopsis of HTC amendment

 

The House Transportation Committee (HTC) amendment to House Bill 388 clarifies that a neighborhood electric car must cross streets, roadways, or highways at an intersection or permitted crossing point.

 

Synopsis of Original Bill

 

House Bill 388 adds a new section to the Motor Vehicle Code that authorizes neighborhood electric cars to be driven on certain streets, except where prohibited by a local authority or the Department of Transportation. A neighborhood electric car is defined as a four-wheeled electric motor vehicle that has a maximum speed of more than 20 miles per hour but less than 25 mph, complies with federal requirements in 49 CFR 571.500, and is equipped with safety equipment such as stop lamps and seat belts.

 

Significant Issues

 

Neighborhood electric cars are currently street-legal in 37 states. This bill places New Mexico among this majority of states and provides an alternative to gas- or diesel-powered cars, thereby reducing tailpipe emissions and reducing dependence on foreign oil.

 

 

MFV/lg:njw