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.

1. 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. (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. (2) an income statement for the preceding fiscal year;
   3. (3) all documentary evidence which the applicant believes supports its proposed change in rates; and
   4. (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.

2. 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.

3. 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. (1) a side-by-side comparison of the proposed schedule and the current schedule; and
   2. (2) a description of the need or reason for the proposed changes.

[18.3.6.12 NMAC - Rp, 18.3.6.12 NMAC, 7/1/2024]