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NM SB170

NM SB170
Abq West Central Ave. Econ Development


summary

Introduced
01/26/2022
In Committee
01/27/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 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 $600,000 from the general fund 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, Bernalillo County. The funds will be used to contract with a community organization to facilitate communication and collaboration with neighborhood and merchant associations in Albuquerque. Any unspent or unencumbered balance at the end of the fiscal year 2023 will revert to the general fund.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Tax, Business and Transportation Committee (00:00 2/8/2022 Room 321) (on 02/08/2022)

bill text


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