The bill amends Section 66-8-130 of the New Mexico Statutes to establish regulations for municipalities that implement a municipal penalty assessment program for traffic violations detected by automated cameras or devices. It prohibits these municipalities from using private entities to collect unpaid penalties or to impound vehicles solely for nonpayment of penalties related to speeding violations. Additionally, the bill sets limits on the penalties that can be imposed, ensuring they do not exceed those established in existing statutes.

Key provisions of the bill include the prohibition of reporting unpaid fines to credit reporting agencies and the restriction against paying third-party administrators a commission based on the number of penalties issued. The bill aims to ensure that municipalities maintain control over their penalty assessment programs while protecting the rights of individuals who may be subject to penalties for automated traffic violations.