Healthcare (Economic Development)

HB 321 amends New Mexico's Local Economic Development Act to explicitly include medical service providers as eligible entities for economic development incentives. This change allows clinics, hospitals, and other licensed health facilities (covered under medical practice laws like the Medical Practice Act) to qualify for programs such as tax credits, infrastructure grants, and public support. Previously, medical services weren't explicitly listed among qualifying entities like manufacturers or cultural facilities. The bill expands access to economic development resources for healthcare businesses across the state.