SENATE BILL 344

52nd legislature - STATE OF NEW MEXICO - second session, 2016

INTRODUCED BY

William F. Burt

AN ACT

MAKING AN APPROPRIATION FOR COLLECTING LOCAL-LEVEL JOB-CREATION DATA AND HELPING LOCAL GOVERNMENTS PLAN AND COORDINATE THEIR JOB-CREATION EFFORTS.

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

     SECTION 1. APPROPRIATION.--

          A. Two hundred thousand dollars ($200,000) is appropriated from the general fund to the economic development department for expenditure in fiscal year 2017 to:

                (1) work with local governments, using the jobs council framework, to collect and update job-creation data; and

                (2) help local governments, using the jobs council framework, to plan and coordinate their economic-base job-creation efforts.

          B. This appropriation is contingent on the receipt of matching funds given for those purposes and received from one or more non-state entities.

          C. Any unexpended or unencumbered balance remaining at the end of fiscal year 2017 shall revert to the general fund.

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