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F I S C A L I M P A C T R E P O R T
SPONSOR Crook
ORIGINAL DATE
LAST UPDATED
2/7/2007
HB 483
SHORT TITLE Severe Mobility Impairment License Plates
SB
ANALYST Schuss
REVENUE (dollars in thousands)
Estimated Revenue
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
FY09
($4,471.0)
($4,651.0) Recurring
General
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Taxation and Revenue Department (TRD)
Governor’s Commission on Disability (GCD)
SUMMARY
Synopsis of Bill
House Bill 483 would expand eligibility for special registration plates -- for motor vehicles and
for motorcycles for persons with severe mobility impairment as defined under the Motor Vehicle
Act. Eligibility would be expanded to include all of those who are currently eligible to receive a
handicapped-parking placard. Currently, eligibility for the special registration plate is limited to
those who have suffered the loss or loss of use of one or both legs and/or one or both arms.
FISCAL IMPLICATIONS
According to TRD, this bill would increase the number of persons eligible to receive the exemp-
tion from the motor vehicle excise tax (Section 7-14-6 (D) NMSA 1978). The fiscal impact es-
timate represents 3.4 percent of total motor vehicle excise tax collections projected for FY 2008
& 2009. Approximately 70,000 New Mexicans currently hold handicapped parking placards.