SB 183 New Mexico Senate · 2025 Regular Session

ECONOMIC DEVELOPMENT IN LOWER ESTANCIA VALLEY

SB 183 appropriates $100,000 from the state general fund for fiscal year 2026 to support economic development in the Lower Estancia Valley. The funds would contract with a local economic development organization to strengthen business income potential, promote civic and cultural programs, and address barriers to business growth in the community. This one-time appropriation expires at year-end, with unspent funds reverting to the general fund.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2025 Last action Jun 3, 2025
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Jan 29, 2025
Introduced
Sent to Senate Tax, Business and Transportation Committee & Senate Finance Committee
upper
3 primary · 0 co-sponsors

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