New Mexico Bill HB220 would change the way vehicle excise tax is distributed

New Mexico’s roads get a poor grade every year. Now there’s a push at the Roundhouse to use more of the state’s new car tax on roads.

A bipartisan House bill would shift the distribution of money from that tax and put more of it into roads all the way down to the local level. “We don’t have recurring revenues for our roads from the general fund. the motor vehicle excise tax in its original form was supposed to be that funding. But it reverted into the general fund so now we’re going to use that fund to basically fix our roads,” said Rep. Patricio Ruiloba of Albuquerque.

House Bill 220 makes major changes to the distribution of the state’s motor vehicle excise tax which is a 4% tax on cars sold in New Mexico.