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 a vailable 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 HTPWC
ORIGINAL DATE
LAST UPDATED
2/19/2007
HB 365/HTPWCS
SHORT TITLE Female Veterans’ License Plates
SB
ANALYST Schuss
REVENUE (dollars in thousands)
Estimated Revenue
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
FY09
$0.1*
$0.1* Recurring
Motor Vehicle
Division
$0.1*
$0.1* Recurring
Armed Forces
Veterans License
Fund
(Parenthesis ( ) Indicate Revenue Decreases) *Minimal Impact
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
The House Transportation and Public Works Committee Substitute for House Bill 365 provides
for special motor vehicle and motorcycle “Women Veterans Serve Proudly" registration plates
for women armed forces veterans.
FISCAL IMPLICATIONS
TRD has stated in previous special registration plate proposals that they cannot accurately
estimate the number of special plates that may be requested. Approximately 25,000 special
plates are currently issued under 22 different kinds. The most common are the veterans of
various armed services (9,269 total) and collegiate plates (8,957 total), but several of the special
plates have been issued in much smaller quantities.
A fee of $15.00 in addition to the regular motor vehicle registration fee will be charged for the
special motor vehicle registration plate. The Motor Vehicle Division will retain $7 and the
remaining $8 will be credited to the armed forces veterans’ license fund. If a validating sticker is
issued in lieu of the special plate this fee will be waived.