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 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	HBIC		DATE TYPED	2-17-04		HB	596/HBICS
SHORT TITLE		Public, Peace, Health, Safety & Welfare				SB
					ANALYST		Reynolds-Forte

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
			NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Taxation and Revenue Department

SUMMARY

Synopsis of Bill

House Business and Industry Committee Substitute for House Bill 596 adds a section to the Motor Vehicle Code making it unlawful for a department employee or a former employee to disclose to anyone other than another employee information which was acquired by the Department from a person who has contracted with the Department for electronic access to Motor Vehicle Division if such data is not disclosed by a public entity.

A person who violates this provision is guilty of a misdemeanor.

ADMINISTRATIVE IMPLICATIONS

The Taxation and Revenue Department believes that passage of this bill will help them ensure the confidentiality of data they receive from commercial entities.

TECHNICAL ISSUES

Page 4, line 8 of the bill refers to “financial information that is not disclosed by a public entity”. Taxation and Revenue Department is a public entity. Therefore, can they disclose the information? Should line 8 read “financial information that is not disclosed by another public entity.”?

RLG/yr:lg