New Mexico Gov. Bill Richardson signed a bill on November 21 that will increase the state tax on diesel fuel and registration fees for vehicles next year, the Associated Press reported. The tax on diesel fuel will go up starting in July 2004 — to 21 cents per gallon from 18 cents per gallon. Registration fees will increase by 33 percent starting in March 2004 for cars, trucks, motorcycles, buses, utility trailers, travel trailers and other motor vehicles. The legislation will also increase a weight-distance tax for commercial trucks and raise permit fees for overweight and oversize trucks.

Originally posted on Fleet Financials

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