Committee advances bill to formalize economic-development data sharing for LITA and JTIP
Senate Bill 158 would codify current data-sharing practices for New Mexico’s Local Economic Development Act (LITA) and JTIP program so the Legislative Finance Committee can continue evaluations; committee gave SB158 a due pass, 10–0.
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Senator Linda Schindel told the House Commerce & Economic Development Committee on May 20 that Senate Bill 158 would place current reporting and data-sharing practices for flagship economic development programs into statute so that those data remain available to the Legislative Finance Committee (LFC) for performance evaluation.
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