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SPONSOR: |
Watchman |
DATE TYPED: |
01/31/02 |
HB |
227 |
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SHORT TITLE: |
In-Plant Training Residency Requirements |
SB |
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ANALYST: |
Woodlee |
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APPROPRIATION
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Appropriation
Contained |
Estimated
Additional Impact |
Recurring or Non-Rec |
Fund Affected |
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FY02 |
FY03 |
FY02 |
FY03 |
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NFI |
NFI |
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(Parenthesis ( ) Indicate Expenditure
Decreases)
Duplicates
HB 281
Relates
to HB 7, SB 142 and SB 217
Economic Development Department
SUMMARY
Synopsis
of Bill
House Bill 227 amends Section 21-19-7 NMSA 1978 to change the size of a project located within fifty miles of the New Mexico border that would qualify for an exception to the In-Plant Training residency requirement from 1,500 employees to 150 employees.
Significant
Issues
Currently, the statute requires that employees receiving training that is funded by the Development Training Fund must be New Mexico residents. This requirement is waived if the project:
1.
Is located within fifty
mile of the New Mexico border where the resident labor force is not sufficient;
2.
Gives preference to New
Mexico workers;
3.
Employs no less than
fifty percent of the project’s workforce with New Mexico residents; and
4.
Employs more than one
thousand five hundred (1,500) employees.
This
bill proposes to amend the last requirement to be only one hundred fifty (150)
employees.
FISCAL IMPLICATIONS
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