The bill amends Section 66-3-424.40 NMSA 1978 to establish a "Look Twice for Motorcycles" special registration plate for both motor vehicles and motorcycles. The division will issue these plates for an initial fee of $45 for motor vehicles and $40 for motorcycles, with annual renewal fees of $15 and $10, respectively. The revenue generated from these fees will be allocated to cover the costs of producing the plates and to support the motorcycle training fund, which provides driver awareness education and motorcycle training statewide.

Additionally, the bill includes provisions for monitoring the issuance and renewal of these special plates. Starting July 1, 2028, the division will compare the number of new plates and renewals to averages from fiscal years 2026 and 2027. If the number falls below 50% of these averages, the division will cease issuing the special plates for either motor vehicles or motorcycles. The effective date for the provisions of this act is set for July 1, 2025.

Statutes affected:
introduced version: 66-3-424.40
Final Version: 66-3-424.40