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NM SB241

NM SB241
Prosperity & Economic Resilience Act


summary

Introduced
01/25/2023
In Committee
Crossed Over
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Prosperity & Economic Resilience Act

AI Summary

This bill, the Prosperity & Economic Resilience Act, creates the Prosperity and Economic Resiliency Council to address major statewide problems and needs in New Mexico. The bill identifies ten broad categories of need, including water conservation, environmental and climate resilience, energy and technology, higher education, health access, rural development, tribal initiatives, cultural and creative economy, courts and public safety, and state asset management. The council is responsible for reviewing and prioritizing project proposals, distributing funding, and responding to crises. The bill also creates a Prosperity and Economic Resiliency Permanent Fund and Program Fund to provide a dedicated funding source for these initiatives. Overall, the bill aims to spur innovation, improve government efficiency, and provide resources to address New Mexico's most pressing challenges.

Committee Categories

Justice

Sponsors (2)

Last Action

Senate Judiciary Committee (00:00:00 2/25/2023 Room 321) (on 02/25/2023)

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