summary
Introduced
01/29/2017
01/29/2017
In Committee
02/14/2017
02/14/2017
Crossed Over
02/17/2017
02/17/2017
Passed
01/30/2017
01/30/2017
Dead
Signed/Enacted/Adopted
02/19/2017
02/19/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO ECONOMIC DEVELOPMENT; ENACTING THE BIOSCIENCE DEVELOPMENT ACT; CREATING THE BIOSCIENCE AUTHORITY FUND; MAKING AN APPROPRIATION.
AI Summary
This bill creates the New Mexico Bioscience Authority, a public-private partnership that will aim to stimulate investment and growth in bioscience industries within the state. The authority will be governed by a 13-member board of directors, composed of representatives from research institutions, state agencies, and the public. Key provisions of the bill include defining bioscience, establishing the authority's powers and duties (such as advising the government, creating programs to expand bioscience opportunities, and recruiting new bioscience industries), creating a Bioscience Development Fund to support the authority's activities, and requiring the authority to submit an annual report to the governor and legislature.
Committee Categories
Budget and Finance, Justice
Sponsors (1)
Last Action
[LD 34] Signed by the Governor - Chapter 134 (on 02/19/2017)
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=S&legtype=B&legno=478&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/SB0478.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/senate/SB0478.pdf |
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