Bill > HB227

This bill amends the Local Economic Development Act to include child care facilities as qualifying entities eligible for public economic development support. The bill specifically adds child care facilities—both family-home-based and center-based programs licensed by the Early Childhood Education and Care Department—to the definition of "qualifying entity" and modifies the definition of "new full-time economic base job" to accommodate these facilities. This means child care facilities can now receive public support such as land, infrastructure assistance, grants, and other economic development resources that were previously available only to manufacturers, certain service businesses, cultural facilities, and other specified entities. The modification recognizes the economic importance of child care services and aims to provide support for these critical community resources. By expanding the definition of qualifying entities, the bill creates new opportunities for child care facilities to receive economic development assistance, potentially helping to strengthen and expand child care infrastructure in New Mexico.

Agriculture and Natural Resources

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=227&year=25