AN ACT

RELATING TO THE TAXATION AND REVENUE DEPARTMENT; EMPOWERING

THE TAXATION AND REVENUE DEPARTMENT TO CONTRACT CERTAIN DEBT

COLLECTION SERVICES.

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

Section 1. A new section of the Taxation and Revenue

Department Act is enacted to read:

"COLLECTION OF DELINQUENT OBLIGATIONS THROUGH COLLECTION

AGENCY.--The department, by competitive bid, may select one or

more collection agencies to collect or assist in the

collection of an obligation due to the state or a political

subdivision of the state pursuant to a tax or law administered

by the department, provided that the obligation is at least

one hundred twenty days past due. Notwithstanding any

contract for collection of an obligation entered into pursuant

to this section, the department retains authority to settle an

obligation or to accept payments on an obligation." HB 613

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