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F I S C A L I M P A C T R E P O R T
SPONSOR Lujan
DATE TYPED 3/30/05
HB 412/aHJC/aSFL#1/aSFL#2
SHORT TITLE Vehicle Registration Time Periods
SB
ANALYST Rosen
REVENUE
Estimated Revenue
Subsequent
Years Impact
Recurring
or Non-Rec
Fund
Affected
FY05
FY06
Indeterminate
Indeterminate
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
Responses Received From
Taxation and Revenue Department (TRD)
Administrative Office of the Courts (AOC)
SUMMARY
Synopsis of SFL Amendments
Senate Floor Amendment #1 to House Bill 412, as amended, changes the time frame for registra-
tion from 30 days to 60 days of beginning employment.
Senate Floor Amendment #2 to House Bill 412, as amended, clarifies that the presumption of
state residency does not apply for the purposes of in-state tuition at New Mexico educational in-
stitutions.
Synopsis of HJC Amendment
House Judiciary Committee amendment to House Bill 412 adds “and operates in New Mexico”
to the ownership definition, strikes specific penalty language and replaces it with reference to the
Penalty for Misdemeanor section of the Motor Vehicle Code, which currently provides for the
same penalties as the elided language.
Synopsis of Original Bill
House Bill 412 requires a person employed in the state for at least 30 days in any 60-day period
to register their vehicle within 30 days of beginning employment. As under present law, excep-