“Shovel-Ready” Bills to Boost Business Growth

17 Apr 2025


News

The Site-Readiness Act (SB 169) and the Utility Pre-Deployment Act (SB 170) are designed to work together in response to the need for designated economic development sites that are strategically located to become ready for businesses to move in quickly and with less expense.

“This literally lays the groundwork for economic growth in New Mexico,” EDD Cabinet Secretary Rob Black said. “New businesses can hit the ground running, and that momentum gives our state the competitive edge that will generate more and better jobs for New Mexicans.”

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