Committee backs bill to create Technology & Innovation Division, research‑match fund
House Bill 20 would create a Technology and Innovation Division, an R&D matching fund and a technology prize program to help New Mexico attract and scale AI, aerospace and clean‑tech investments; the committee adopted an amendment removing immediate appropriations and recommended the bill do pass as amended.
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House Appropriations and Finance committee members heard from sponsors and state officials on House Bill 20, a proposal to build a coordinated technology and innovation framework in New Mexico that would create an in‑state Technology and Innovation Division and Network Advisory Board, a Research, Development and Deployment Fund, and a Technology Innovation Prize program.
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