NM To Consider Changing Taxi, Shuttle Regulation

Lawmakers are proposing to revamp state regulation of taxis and moving companies to potential lower costs for consumers.

Reps. Tom Taylor, a Farmington Republican, and Carl Trujillo, a Santa Fe Democrat, are sponsoring the measure to make it easier for taxis, shuttles and limousines to expand their services into more parts of the state.

The proposal also will eliminate rate regulation of intrastate moving companies, treating them like interstate moving companies that are regulated for safety and insurance liability.

An independent think tank, called Think New Mexico, has recommended modernizing the regulation of motor carriers by the Public Regulation Commission.

The think tank was a leading advocate of constitutional amendments approved by voters last year to overhaul the PRC, including establishing an independent insurance regulator.

Copyright 2013 The Associated Press.