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AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE
AUTHORITY TO PROVIDE FINANCING ASSISTANCE FROM THE ECONOMIC
DEVELOPMENT REVOLVING FUND FOR PRIVATE PROJECTS; DECLARING AN
EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. AUTHORIZATION OF PROJECTS.--Pursuant to the
provisions of Sections 6-25-6 and 6-25-13 NMSA 1978, the
legislature authorizes the New Mexico finance authority to
provide financing assistance from the economic development
revolving fund to eligible entities for the following standard
projects, subject to detailed analysis, final approval and
specific terms and conditions established by the authority:
A. an alternative energy project in Bernalillo
county;
B. a high-tech manufacturing project in Bernalillo
county;
C. an alternative energy project in Chaves county;
D. a building products manufacturing project in
Chaves county;
E. a parts manufacturing project in Dona Ana
county;
F. a parts manufacturing project in Eddy county;
G. an agricultural products manufacturing project
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in Luna county;
H. a hotel development project in Rio Arriba
county;
I. a hotel development project in San Miguel
county;
J. a recreation and sports entertainment project
in Sandoval county;
K. a media development project in Santa Fe county;
L. a hospitality facility in Bernalillo county;
M. a construction materials manufacturing
production project in Bernalillo county;
N. a construction materials manufacturing
production project in Luna county;
O. an agricultural products manufacturing project
in Valencia county;
P. a medical equipment production facility in
Bernalillo county;
Q. a professional association headquarters project
in Bernalillo county;
R. an aerospace development project in Bernalillo
county;
S. an alternative energy production facility in
Colfax county;
T. an agricultural products manufacturing project
in Colfax county;
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U. an agricultural processing project in De Baca
and Roosevelt counties;
V. an aerospace development project in Dona Ana
county;
W. a food product manufacturing project in Hidalgo
county;
X. an agricultural products manufacturing project
in Hidalgo county;
Y. a medical provider project in McKinley county;
Z. an investigation services project in Otero
county;
AA. a food product processing project in Otero
county;
BB. a hospitality facility in Quay county;
CC. a fuel manufacturing project in Quay county;
DD. a biomass production project in Rio Arriba
county;
EE. an agricultural products manufacturing project
in San Juan county;
FF. an equipment manufacturing project in San Juan
county;
GG. an electronic component manufacturing project
in San Miguel county;
HH. a recreation and sports entertainment project
in Sandoval county;
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II. an agricultural manufacturing project in
Socorro county;
JJ. a media development project in Santa Fe
county;
KK. a medical services provider project in Santa
Fe county;
LL. a research project in Santa Fe county;
MM. an aerospace production project in Torrance
county;
NN. a wood products manufacturing project in
Torrance county;
OO. a packaging production project in Valencia
county;
PP. a food product manufacturing project in
Bernalillo county;
QQ. a communications project in Bernalillo county;
and
RR. a high-tech manufacturing project in Dona Ana
county.
Section 2. EMERGENCY.--It is necessary for the public
peace, health and safety that this act take effect
immediately. HB 275
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