The bill establishes the "Towing Services Oversight and Advisory Board" within the New Mexico Department of Transportation, aimed at providing oversight, recommendations, and regulatory guidance for licensed towing services. The board will consist of twelve members, including six primary and six alternate members, with representation from each of the six state transportation commission districts. The board's duties include reviewing department policies, proposing service improvements, evaluating citizen complaints, conducting audits, and submitting quarterly reports to the department. Members will be selected based on their professional experience in relevant fields, and the board is required to meet at least quarterly.

The bill outlines the selection process for board members, which must be completed by January 1, 2026, with staggered terms of three years for initial members. Public members will receive per diem and mileage compensation, while the Department of Transportation is responsible for providing necessary support for the board's operations. The provisions of this act will take effect on July 1, 2025.