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.168957.1
HOUSE MEMORIAL 56
48
TH LEGISLATURE
- STATE OF NEW MEXICO -
FIRST SESSION
, 2007
INTRODUCED BY
Ben Lujan
A MEMORIAL
EXPRESSING APPRECIATION FOR THE ECONOMIC DEVELOPMENT
DEPARTMENT'S EFFORTS TO PROMOTE AND SUSTAIN MANUFACTURING IN
NEW MEXICO AND REQUESTING THE DEPARTMENT TO CONTINUE TO DEVELOP
TAX INCENTIVE LEGISLATION THAT PROMOTES MANUFACTURING.
WHEREAS, manufacturing is a significant source of
employment and economic benefit in the state of New Mexico; and
WHEREAS, there is intense competition among cities, states
and even countries for new or expanding manufacturers because
of the number of jobs manufacturers provide and the relatively
high salaries that are paid to workers in those jobs; and
WHEREAS, the state of New Mexico, at the urging of the
economic development department, has methodically and
periodically reviewed tax policies and business incentives to
ensure that those laws and policies remain effective in