HOUSE BILL 617
54th legislature - STATE OF NEW MEXICO - first session, 2019
Dayan Hochman-Vigil and Rebecca Dow
MAKING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT FOR SPACE INDUSTRY DEVELOPMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--One hundred fifty thousand dollars ($150,000) is appropriated from the general fund to the economic development department for expenditure in fiscal year 2020 to contract for various services to foster space industry development in New Mexico, including development of a marketing strategy for business recruitment; creation of a platform to connect the potential workforce with space industry companies, including an internship program; and facilitation in the creation of a public-private committee to create an ongoing dialogue between state agencies and educational institutions, private investment firms and space industry companies. Any unexpended or unencumbered balance remaining at the end of fiscal year 2020 shall revert to the general fund.
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