Legislation would prep construction-ready sites so companies can easily set up shop
Santa Fe, N.M. - Today, the House of Representatives passed legislation to identify and prepare locations for business development in New Mexico by a vote of X-X.
Senate Bill 169 would create the Site Readiness Fund to identify ideal business locations and assist with pre-development. This would include surveying, assessing, permitting, and landscaping, in order to give businesses eager to set up shop or expand in New Mexican communities the ability to do so at a construction-ready location.
"Construction-ready locations that are prepped and ready for businesses to easily set up shop will incentivize companies to open or expand in the state," said bill sponsor Rep. Meredith Dixon (D-Albuquerque). "This proactive approach will give us a competitive edge in attracting new businesses, growing our economy, and creating jobs in communities around the state."
Senate Bill 169 is also sponsored by Representatives Joy Garratt (D-Albuquerque) and Joshua Hernandez (R-Rio-Rancho) and Senate Majority Whip Michael Padilla (D-Albuquerque) and Senator Craig Brandt (R-Rio Rancho).
The bill is now headed to the Governor's desk.
Members of the public are welcome to attend floor sessions and committee meetings at the New Mexico Roundhouse, and can tune in virtually through the New Mexico Legislature's Webcasts tab. Public comment can also be provided in-person, and via phone or Zoom as directed on the daily schedule.
