HB 535

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AN ACT

RELATING TO THE WEIGHT DISTANCE TAX; PERMITTING USE OF

REVENUES FROM FEES COLLECTED PURSUANT TO THE WEIGHT DISTANCE

TAX ACT FOR ENFORCEMENT OF WEIGHT DISTANCE TAX IDENTIFICATION

PERMIT USE; CHANGING THE NAME OF THE WEIGHT DISTANCE TAX

IDENTIFICATION PERMIT ADMINISTRATION FUND.

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

Section 1. Section 7-15A-14 NMSA 1978 (being Laws 2003

(1st S.S.), Chapter 3, Section 8) is amended to read:

"7-15A-14. WEIGHT DISTANCE TAX IDENTIFICATION PERMIT

FUND.--The "weight distance tax identification permit fund" is

created in the state treasury. The purpose of the fund is to

provide an account from which the department may pay the costs

of issuing and administering weight distance tax

identification permits and of enforcing weight distance tax

identification permit use. The fund shall consist of

administrative fees collected pursuant to the Weight Distance

Tax Act. Money in the fund shall be appropriated to the

department to pay for the cost of issuance and administration

of weight distance tax identification permits and of

enforcement by the department or the motor transportation

division of the department of public safety of weight distance

tax identification permit use for motor carriers that do not

comply with the provisions of the Weight Distance Tax Act.

Disbursements from the fund shall be by warrant of the

secretary of finance and administration upon vouchers signed

by the secretary or the secretary's authorized representative.

Money in the fund shall not revert to the general fund at the

end of a fiscal year."

Section 2. EFFECTIVE DATE.--The effective date of the

provisions of this act is July 1, 2006. HB 535

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