summary
Introduced
02/09/2023
02/09/2023
In Committee
03/01/2023
03/01/2023
Crossed Over
Passed
Dead
03/18/2023
03/18/2023
Introduced Session
2023 Regular Session
Bill Summary
Econ. Development Project Population Limits
AI Summary
This bill amends existing state law to increase the population limit for economic development projects that can receive state participation. Specifically, the bill raises the population threshold for municipalities and unincorporated areas from 60,000 to 200,000 people, allowing more communities to qualify for state support for projects that create new full-time jobs, improve infrastructure, or support cultural facilities. The bill also outlines the requirements and safeguards for these economic development agreements between the state, local governments, and private entities participating in the projects.
Committee Categories
Business and Industry
Sponsors (5)
Micaela Cadena (D)*,
Joshua Hernandez (R)*,
Doreen Gallegos (D),
Jason Harper (R),
Alan Martinez (R),
Last Action
House Government, Elections and Indian Affairs Committee (08:30:00 3/8/2023 Room 305) (on 03/08/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=374&year=23 |
| BillText | https://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0374.pdf |
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