44th legislature - STATE OF NEW MEXICO - second session, 2000

RELATING TO THE ECONOMIC DEVELOPMENT DEPARTMENT; PROVIDING FOR CONFIDENTIALITY OF CERTAIN PROPRIETARY INFORMATION OBTAINED BY THE ECONOMIC DEVELOPMENT DEPARTMENT.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 9-15-18 NMSA 1978 (being Laws 1991, Chapter 21, Section 23) is amended to read:

"9-15-18. PROPRIETARY INFORMATION.--

A. Any information obtained by the [technology enterprise division] economic development department that is deemed by the [director] secretary of economic development to be proprietary technical or business information shall be held in confidence. Proprietary technical or business information shall not be deemed a public record under the Public Records Act or be open to inspection under Section 14-2-1 NMSA 1978. The [technology enterprise division] secretary shall take such steps as are necessary to safeguard the confidentiality of the information.

B. Notwithstanding Sections 10-15-1 through 10-15-4 NMSA 1978 or any other law requiring meetings of public bodies to be open to the public, meetings of the economic development commission shall be closed when proprietary technical or business information is discussed."