N.M. Admin. Code § 18.3.6.12

Current through Register Vol. 35, No. 21, November 5, 2024

Section 18.3.6.12 - TARIFF CHANGE APPLICATIONS

A motor carrier that proposes to change its rates, terms and conditions of service, shall file an application for a change in tariff with any required fee and submit a proposed tariff to reflect the desired changes, and provide additional information as specified below.

A.Rate increases for a full service carriers and towing services: A tariff change application submitted by a municipal taxicab, a scheduled shuttle, an ambulance service, or a towing service providing non-consensual tows, that proposes to increase rates shall include:

(1) a side-by-side comparison of the proposed tariff rates and the current tariff rates a balance sheet for the preceding fiscal year;

(2) an income statement for the preceding fiscal year;

(3) all documentary evidence which the applicant believes supports its proposed change in rates; and

(4) pre-filed direct testimony explaining why a change in rates is required for the motor carrier to achieve revenue levels that will provide a flow of net income adequate to support reasonable expense levels, including reasonable depreciation expense and repayment of a reasonable level of debt, and permit the raising of needed equity capital.

B.Rate increases for general service carriers: A tariff change application submitted by a general taxicab, general shuttle, a household goods, or specialized passenger (limousine, non-emergency medical, tour or sightseeing) service carrier shall include.

a side-by-side comparison of the proposed tariff rates and the current tariff rates.

C.Scheduled shuttle service daily schedule change: A tariff change application seeking to change the daily time schedule for a scheduled shuttle service shall include:

(1) a side-by-side comparison of the proposed schedule and the current schedule; and

(2) a description of the need or reason for the proposed changes.

N.M. Admin. Code § 18.3.6.12

18.3.6.12 NMAC - Rp, SCC Rule 221.08, 12-30-02, Amended by New Mexico Register, Volume XXVI, Issue 03 February 13, 2015, eff. 2/13/2015, Amended by New Mexico Register, Volume XXVII, Issue 22, November 30, 2016, eff. 11/30/2016, Adopted by New Mexico Register, Volume XXXV, Issue 12, June 25, 2024, eff. 7/1/2024