NEW MEXICO-IRELAND TRADE COMMISSION

HB 564 establishes the New Mexico-Ireland Trade Commission within the state's economic development department to promote bilateral trade and investment between New Mexico and Ireland. The commission, composed of members appointed by legislative leaders and the governor (including representation from agriculture, energy, tribal communities, and Irish-American groups), will focus on advancing trade in technology, agriculture, and energy sectors. It must submit annual reports to state leaders starting in 2026, detailing findings and recommendations to strengthen economic ties. This bill creates a new administrative body without altering existing laws or imposing direct costs on businesses or residents.