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Bill > HB169


NM HB169

NM HB169
Leda Priority For Certain Projects


summary

Introduced
01/25/2021
In Committee
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO ECONOMIC DEVELOPMENT; AMENDING THE LOCAL ECONOMIC DEVELOPMENT ACT; INCLUDING CONSTRUCTION OR UPGRADES TO FACILITATE THE USE OF WATER-EFFICIENT OR CLEAN ENERGY TECHNOLOGIES OR TO MEET OR EXCEED GREEN BUILDING CERTIFICATION STANDARDS IN THE DEFINITION OF "ECONOMIC DEVELOPMENT PROJECT"; INCLUDING AN ENTITY THAT DEVELOPS WATER OR BROADBAND INFRASTRUCTURE IN THE DEFINITION OF "QUALIFYING ENTITY".

AI Summary

This bill amends the Local Economic Development Act in New Mexico to include construction, retrofits, improvements, or upgrades to buildings or infrastructure that facilitate the use of water-efficient or clean energy technologies, or that meet or exceed nationally or internationally recognized green building certification standards, as part of the definition of "economic development project." Additionally, the bill expands the definition of "qualifying entity" to include an entity that is the developer of water or broadband infrastructure needed to connect underserved areas of the state.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Sent to HENRC - Referrals: HENRC/HCEDC (on 01/25/2021)

bill text


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