summary
Introduced
01/30/2015
01/30/2015
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
Implement local economic development act
AI Summary
This bill appropriates $50 million from the state's general fund to the economic development department for projects under the Local Economic Development Act, which is a law designed to encourage economic growth within local communities. This funding is available for fiscal year 2016 and beyond, and any money not spent or committed by the end of a fiscal year will remain available for future use, meaning it won't be returned to the general fund.
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
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=593&year=15 |
| BillText | http://www.nmlegis.gov/Sessions/15%20Regular/bills/senate/SB0593.pdf |
Loading...