LegalFix
Sign In

Section 5-9-9 - State agency cooperation; business incentives.

NM Stat § 5-9-9 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A. State agencies shall cooperate with, assist, and where possible, give preference in selection to a business located within an enterprise zone for any statutorily authorized state-administered grant and loan programs including, but not limited to, investments and loans through the severance tax permanent fund at market rates, in-plant training program instruction and job training through the federal Job Training Partnership Act, matching funds through community development block grants and such other incentives that are or become available through the economic development department or through any other sources at the state level.

B. The economic development department shall conduct workshops throughout the state for the purpose of explaining the provisions of the Enterprise Zone Act to local governments.

History: Laws 1993, ch. 33, § 9.

Cross references. — For the federal Job Training Partnership Act, see 29 USCS § 1501.

Previous Section
Section 5-9-8 - Evaluation and reporting requirements.
Next Section
Section 5-9-10 - Tax increment method of financing.