Summary:

 Senate Bill 182 (SB 182) establishes coverage limits on insurance coverage offered by the Risk Management Division of the General Services Department.  

Legislation Overview:

 Senate Bill 182 (SB 182) amends Section 15-7-3 NMSA 1978 to state that coverage offered by the Risk Management Division of the General Services Department may not exceed:

1) five hundred thousand dollars ($500,000) for insurance for property damages; 

2) one million fifty thousand dollars ($1,050,000) for general liability insurance; and

3) the two million dollar ($2,000,000) per occurrence/claimant limit established in Section 41-4A-6 NMSA 1978. 
 

Current Law:

 Section 15-7-3 NMSA 1978 does not currently include language regarding coverage limits. For civil rights liability in any action for damages against a public body pursuant to the New Mexico Civil Rights Act, the liability per occurrence shall not exceed the sum of two million dollars ($2,000,000) per claimant, inclusive of the claimant's costs of action and reasonable attorney fees.