AN ACT
RELATING TO ECONOMIC DEVELOPMENT;
PROVIDING FOR TRAVEL AND RELATED COSTS AS ELIGIBLE EXPENSES UNDER THE ECONOMIC
DEVELOPMENT DEPARTMENT'S STATE COOPERATIVE ADVERTISING PROGRAM.
BE IT ENACTED BY THE LEGISLATURE OF
THE STATE OF NEW MEXICO:
Section 1. Section 9-15-15 NMSA 1978 (being Laws 1983,
Chapter 297, Section 15) is amended to read:
"9-15-15. DEPARTMENT COOPERATION WITH LOCAL AND
REGIONAL DEVELOPMENT AGENCIES.--The department shall cooperate with local and
regional development agencies, including:
A. coordinating activities of the department and
local or regional development agencies;
B. assisting in gathering information on local
and regional assets;
C. assisting in the establishment of procedures
for handling potential clients;
D. assisting in the development of a plan for
the expansion of the local or regional economic base;
E. assisting in marketing the benefits of local
communities by providing matching funds through the state cooperative
advertising program, which shall include as eligible expenses travel and
related costs to attract new business investment into the communities;
F. assisting in the establishment of programs to
attract new labor forces or to train local labor forces; and
G. identifying barriers to local or regional
economic development and developing plans to overcome such barriers."
HB 23
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