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2008 SUMMARY OF NEW STATE LAWS - NEW MEXICO

New Mexico State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

HB 100

67

Ignition Interlock Devices

Relates to driving under the influence of intoxicating liquor or drugs; provides penalties for tampering with an ignition interlock device; declares an emergency. Effective date: February 29, 2008.

HB 199

38

Contractor Insurance Coverage

Relates to construction industries licensing; provides for proof of responsibility in the form of a bond of a specified amount. Effective date: July 1, 2009.

HB 215

72

Commercial Auto

Relates to the motor vehicle code; eliminates commercial driver's license test waiver authority; makes penalties uniform for improperly licensed drivers of commercial vehicles; makes the definition of a conviction uniform throughout the motor vehicle code. Effective date: May 14, 2008.

SB 229

18

Professional Liability Insurance

Increases the maximum annual premium for professional liability insurance for real estate brokers. Effective date: July 1, 2008.

SB 391

88

Medical Malpractice

Revises definitions and eligibility criteria in the medical insurance pool act; prohibits lifetime maximum benefit levels in New Mexico insurance pool policies; clarifies small group policies. Effective date: May 14, 2008.

SB 438

31

Commercial Auto

Imposes a penalty assessment for failure to comply with weight distance tax act requirements. Effective date: May 14, 2008.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.