New Mexico Governor Lujan Grisham Signs LEDA Expansion

New Mexico Governor Lujan Grisham Signs LEDA Expansion

GRT sharing will help recruit more large job-creating companies to New Mexico

SANTA FE, NM (STL.News) Gov. Michelle Lujan Grisham on Wednesday signed Senate Bill 1 from last month’s special session, an economic development measure that gives New Mexico an important tool to work with local governments and recruit large job-creating companies to the state.

The measure passed the Senate 28-10 and the House 59-8. Sponsors included lawmakers from both parties – Rep. Christine Chandler, Rep. Jason Harper, Sen. Ron Griggs and Sen. Siah Correa Hemphill.

“We have to embrace and fight for every opportunity for New Mexico,” said Gov. Lujan Grisham.  “This new initiative will give us another important tool to create higher-paying jobs and diversify the economy.”

Economic Development Secretary Alicia J. Keyes said the agency is fielding more inquiries from large companies that want to locate operations in New Mexico – and there is increased competition from neighboring states that want those jobs.

“I thank Gov. Lujan Grisham and lawmakers for understanding the importance of enacting this legislation,” said Secretary Keyes.  “We are seeing more opportunities and New Mexico now has additional resources to land these large companies with jobs that will have a lasting economic impact.”

“I was proud to co-sponsor this bipartisan piece of legislation that passed with broad support in both chambers,” said Sen.

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