SJR 22: 10-YEAR FUEL TAX RAISE FOR ROADS, CA

A Joint Resolution Proposing An Amendment To Article 8 Of The Constitution Of New Mexico To Impose For A Ten-year Period A Five Cents ($.05) Per Gallon Tax On Motor Vehicle Fuels, Including Gasoline, Special Fuels And Alternative Fuels, To Be Used For State Roads And Highways.

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MILD SJR 22
10-YEAR FUEL TAX RAISE FOR ROADS, CA

Legislative URL:

SJR 22 on nmlegis.gov

Emergency Clause:

No

Germane:

N/A

Location:

SFC

Action:

[16] SJC/SFC-SJC [21] w/o rec-SFC API.

Issue(s):

Transportation

Related Legislators

Bill Sponsor:

Stuart Ingle

Related Documents

Downloads:

Introduced
SJC Committee Report
Fiscal Impact Report

Summary

This joint resolution proposes to amend Article 8 of the Constitution of New Mexico by imposing, for a 10-year period from July 1, 2017 to June 30, 2027, a five cents ($.05) per gallon excise tax on gasoline, special fuels and alternative fuels. The tax shall only be used for state roads and highways.

A possible benefit of this bill might be an improved transportation infrastructure due to increased funding for state road projects.