summary
Introduced
02/20/2025
02/20/2025
In Committee
Crossed Over
Passed
Dead
03/22/2025
03/22/2025
Introduced Session
Potential new amendment
2025 Regular Session
Bill Summary
AN ACT RELATING TO ECONOMIC DEVELOPMENT; ESTABLISHING THE NEW MEXICO- IRELAND TRADE COMMISSION.
AI Summary
This bill establishes the New Mexico-Ireland Trade Commission, which will be administratively attached to the economic development department. The commission will consist of 16 members: 5 members appointed by the senate president pro tempore and minority floor leader, 5 members appointed by the house speaker and minority floor leader (all serving during their respective legislative session), 6 members appointed by the governor for four-year terms (including representatives from higher education, an Indian nation, agricultural business, energy business, and Irish-American communities), and the director of international trade from the economic development department. The commission's primary duties include advancing bilateral trade and investment between New Mexico and Ireland, focusing on technology, agriculture, and energy sectors, promoting business and academic exchanges, encouraging economic support and infrastructure investment, and submitting an annual report to state leadership by December 1st each year. Members who are not public employees will not receive compensation, but the commission can accept gifts, grants, and donations. The commission will elect a chair and vice chair annually, meet at least once a year, and hire necessary staff to carry out its objectives.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
House HCEDC1 HB564 231771.2 Committee Amendment - House HCEDC1 HB564 231771.2 Committee Amendment (on 03/13/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=564&year=25 |
House HCEDC1 HB564 231771.2 Committee Amendment | https://www.nmlegis.gov/Sessions/25%20Regular/Committee_Subs_And_Amendments/HB0564CE1%20231771.2%20.pdf |
Fiscal Note | https://www.nmlegis.gov/Sessions/25%20Regular/firs/HB0564.PDF |
BillText | https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0564.pdf |
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