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NM SB287

NM SB287
West Central Ave. Ec Development


summary

Introduced
02/01/2021
In Committee
03/01/2021
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE LOCAL GOVERNMENT DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO PROMOTE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE WEST CENTRAL AVENUE CORRIDOR IN ALBUQUERQUE.

AI Summary

This bill appropriates $75,000 from the general fund to the New Mexico Department of Finance and Administration's Local Government Division for fiscal year 2022. The purpose of the funding is to promote economic development and revitalization of the West Central Avenue corridor in Albuquerque by contracting with a community organization to facilitate communication and collaboration with local neighborhood and merchant associations. Any unused funds will revert to the general fund at the end of the fiscal year.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

STBTC: Reported by committee with Do Pass recommendation (on 03/01/2021)

bill text


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