

| Legislative Watch |
New Mexico |
11/17/03-SB5 stalled in the Senate. However, a similar bill – HB15 – was signed by the governor Nov. 14.
11/4/03-Gov. Bill Richardson over the weekend was calling for senators
to come back to the Capitol for discussion on a bill to pump more money
into the state highway fund.
The House and Senate were called into special session Oct. 27
to consider the governor’s $1.4 billion highway construction
and repair package that includes several tax proposals affecting
truckers.
The Senate voted on Halloween 23-14, with eight Democrats joining
Republicans, to adjourn without considering any of the tax system tweaks
Richardson was pushing.
SB5 calls for increasing the diesel fuel tax 5 cents a gallon
to 23 cents. The bill would increase the weight distance tax by 42
percent as well as hike the excise tax on the purchase of a new or
used vehicle by 33 percent.
The package also includes such proposals as a liquor tax increase,
tax refunds, tax exemptions for low- and moderate-income taxpayers
as well as senior citizen income tax exemptions.
While Senators left Santa Fe on Friday, House lawmakers have
hung around awaiting a final vote. As long as the House remains in
session, the Senate must return to vote by Nov. 5.
The governor said that if he didn’t get what he wanted this time
around, he would resurrect the matter in January at the Legislature’s
regular session.
For bill status, call (505) 986-4351.






