Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 6-34-4 - Economic development department; powers; duties — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 6 - Public Finances/
  5. Article 34 - Opportunity Enterprise and Housing Development/
  6. Section 6-34-4 - Economic development department; powers; duties
New Mexico Legal Code

Section 6-34-4 - Economic development department; powers; duties

Ask AI about this
A. For the purpose of recommending enterprise development projects to the board for enterprise assistance, the department and the board shall coordinate to:(1) survey potential opportunity enterprise partners and enterprise development projects;(2) provide outreach services to local governments and potential opportunity enterprise partners for the purpose of making recommendations regarding enterprise assistance; and(3) evaluate potential opportunity enterprise partners and formulate recommendations regarding suitability for enterprise assistance.B. The department may, when applicable, enter into opt-in agreements with the authority and the county, school district or, if applicable, municipality where the enterprise development project is located for the purpose of facilitating the development of the enterprise development project.History: Laws 2022, ch. 57, § 4. ANNOTATIONSEffective dates. — Laws 2022, ch. 57, § 16 made Laws 2022, ch. 57, § 4 effective July 1, 2022.