summary
Introduced
02/01/2021
02/01/2021
In Committee
03/15/2021
03/15/2021
Crossed Over
03/11/2021
03/11/2021
Passed
03/17/2021
03/17/2021
Dead
Vetoed
03/17/2021
03/17/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO ECONOMIC DEVELOPMENT; PROVIDING FOR CONTRACT RENEGOTIATIONS FOR CERTAIN BUSINESSES ADVERSELY AFFECTED BY A PUBLIC HEALTH ORDER.
AI Summary
This bill allows certain businesses that entered into project participation agreements with the state or local governments under the Local Economic Development Act to renegotiate the terms of those agreements if they met their obligations as of March 2020 but were forced to close or reduce their workforce due to a public health order related to the COVID-19 pandemic. The renegotiation must be completed by December 31, 2021.
Committee Categories
Budget and Finance, Business and Industry, Justice
Sponsors (1)
Last Action
Pocket Veto (on 03/17/2021)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=281&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/final/SB0281.pdf |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0281.pdf |
Loading...