New Mexico Statutes 66-3-424.40. Special look twice for motorcycles registration plate
A. The division shall issue a standardized look twice for motorcycles special registration plate with a logo designed pursuant to Section 66-3-424 N.M. Stat. Ann. indicating that the recipient supports driver safety awareness for those who share the road and remind drivers to look twice for motorcycles.
Terms Used In New Mexico Statutes 66-3-424.40
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
B. For an initial fee of forty-five dollars ($45.00) that shall be in addition to the regular motor vehicle registration fees, the owner of a motor vehicle may apply for
issuance of a look twice for motorcycles safety awareness special registration plate. The vehicle owner shall pay a renewal fee of fifteen dollars ($15.00) each year to retain and renew the look twice for motorcycles special registration plate.
C. The revenue from the additional fee for a look twice for motorcycles safety awareness special registration plate shall be distributed as follows:
(1) twelve dollars ($12.00) of the initial fee collected shall be retained by and is appropriated to the department to defray the cost of making and issuing the special registration plate with the look twice for motorcycles logo; and
(2) thirty-three dollars ($33.00) of the initial registration fee and the entire fifteen dollars ($15.00) of subsequent renewal fees shall be distributed and are appropriated to the motorcycle training fund for the department of transportation to provide driver awareness education and motorcycle training statewide.
D. Beginning on July 1, 2026, and on July 1 of each subsequent year, the department shall compare the number of look twice for motorcycles safety awareness special registration plates issued or registration renewals for those plates in the previous fiscal year with the average of the number of those plates issued in fiscal years 2024 and 2025.
E. By September 1 of a fiscal year in which the department determines that the number of look twice for motorcycles safety awareness special registration plates issued or registration renewals for those plates in the previous fiscal year is less than fifty percent of the average number of those plates issued in fiscal years 2024 and 2025, the department shall stop issuing look twice for motorcycles special registration plates.