HB 520

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AN ACT

RELATING TO MOTOR VEHICLES; DESIGNATING A SPECIAL PATRIOT

REGISTRATION PLATE; MAKING AN APPROPRIATION.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. A new section of the Motor Vehicle Code is

enacted to read:

"SPECIAL PATRIOT REGISTRATION PLATE.--

A. The department shall issue a standardized

special patriot registration plate with a logo specified in

Section 66-3-424 NMSA 1978 indicating that the recipient is a

patriot.

B. For a fee of twenty-five dollars ($25.00),

which shall be in addition to the regular motor vehicle

registration fees, a motor vehicle owner who is a patriot may

apply for the issuance of a special registration plate as

provided in Subsection A of this section. No two owners shall

be issued identically lettered or numbered registration

plates.

C. The twenty-five-dollar ($25.00) fee provided in

Subsection B of this section shall be waived for each

registration period in which a validating sticker is issued

under the provisions of Section 66-3-17 NMSA 1978, in lieu of

the issuance of a special patriot registration plate.

D. The revenue from the special patriot

registration plate fee imposed by Subsection B of this section

shall be distributed as follows:

(1) ten dollars ($10.00) of the fee

collected for each registration plate shall be retained by the

department and is appropriated to the department for the

manufacture and issuance of the registration plates;

(2) seven dollars ($7.00) of the fee

collected for each registration plate shall be paid to the

state treasurer for credit to the motor vehicle suspense fund

for distribution in accordance with Section 66-6-23 NMSA 1978;

and

(3) eight dollars ($8.00) of the fee

collected for each registration plate shall be paid to the

state treasurer for credit to the armed forces veterans

license fund for distribution pursuant to Section 66-3-419

NMSA 1978." HB 520

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