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Lawmakers debate $1.5 billion quantum and advanced‑tech package; sponsors stress speed and federal leverage
Summary
Sponsor presented a comprehensive economic package to attract quantum and advanced‑technology companies, proposing $1.5 billion in state investment and multiple grant/award streams. Committee focused on guardrails, reporting and which agencies should administer funds.
A broad economic-development proposal led by Senator Munoz drew extended committee debate on Feb. 13. The sponsor framed the measure as a once-in-a-generation opportunity to leverage New Mexico’s national-lab assets, workforce and nascent private-sector investment to build a quantum and advanced-technology ecosystem.
Sponsor case and program design
Senator Munoz and industry witnesses argued New Mexico already hosts many of the ingredients for success — national laboratories, university research, local firms and a developing workforce — and that state investment could leverage federal and private dollars. The package…
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