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HOUSE BILL 507
57
TH LEGISLATURE
-
STATE
OF
NEW
MEXICO
-
FIRST SESSION
,
2025
INTRODUCED BY
Joshua N. Hernandez
AN ACT
RELATING TO LICENSE PLATES; CREATING AN ALBUQUERQUE ISOTOPES
SPECIAL REGISTRATION PLATE; ALLOWING FOR THE CESSATION OF
SPECIAL LICENSE PLATE ISSUANCE UNDER CERTAIN CONDITIONS; MAKING
AN APPROPRIATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. A new section of Chapter 66, Article 3 NMSA
1978 is enacted to read:
"[NEW MATERIAL] ALBUQUERQUE ISOTOPES SPECIAL REGISTRATION
PLATE.--
A. Beginning January 1, 2026, the division shall
issue a standardized special registration plate with a logo
designed as specified in Section 66-3-424 NMSA 1978 to express
support for the Albuquerque Isotopes baseball team.
B. For a fee of thirty-five dollars ($35.00), which
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shall be in addition to the regular motor vehicle registration
fees, a motor vehicle owner may apply for issuance of an
Albuquerque Isotopes special registration plate. The owner
shall pay a renewal fee of twenty-five dollars ($25.00) each
year to retain and renew the Albuquerque Isotopes special
registration plate.
C. Revenue from the fees imposed by Subsection B of
this section for a Albuquerque Isotopes special registration
plate shall be distributed as follows:
(1) twelve dollars ($12.00) of the initial 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 special registration plates;
and
(2) the remaining portion of the initial fee
and the entire renewal fee collected for each registration
plate shall be distributed to and is appropriated to the board
of regents of the university of New Mexico for the Carrie
Tingley crippled children's hospital.
D. Beginning on July 1, 2031, and on July 1 of each
subsequent year, the department may compare the number of
Albuquerque Isotopes special registration plates issued and
renewed in the previous fiscal year with the average number of
such plates issued and renewed annually between fiscal years
2026 through 2031. If the department determines that the
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number of Albuquerque Isotopes special registration plates
issued and renewed in the previous fiscal year is less than
fifty percent of the average number of the plates issued and
renewed annually between fiscal years 2026 through 2031, the
department may stop issuing Albuquerque Isotopes special
registration plates."
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