summary
Introduced
01/27/2015
01/27/2015
In Committee
03/16/2015
03/16/2015
Crossed Over
Passed
Dead
03/21/2015
03/21/2015
Introduced Session
2015 Regular Session
Bill Summary
Local economic development projects
AI Summary
This bill appropriates ten million dollars ($10,000,000) from the state's general fund to the economic development department to support local economic development projects, and this funding can be used in fiscal year 2016 and any years after. Importantly, any money not spent or committed by the end of a fiscal year will not be returned to the general fund, meaning it can be carried over for future use.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (1)
Last Action
[LD 40] Action postponed indefinitely (on 03/16/2015)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=580&year=15 |
| BillText | http://www.nmlegis.gov/Sessions/15%20Regular/bills/senate/SB0580.pdf |
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