Gov. Lujan Grisham signs House Bill 11, delivering $200M to N.M. businesses
Friday, February 26, 2021
SANTA FE – Gov. Michelle Lujan Grisham signed House Bill 11 into law, delivering $200 million in grants to support New Mexico businesses to ease the hiring or rehiring of employees.
“New Mexico will continue to get meaningful financial assistance out the door to businesses all across the state,” said Gov. Michelle Lujan Grisham. “Our economy will bounce back. And businesses will get back on their feet.”
“We are grateful to Governor Lujan Grisham for her support on House Bill 11, and for all of her leadership throughout this challenging year,” said Speaker of the House Brian Egolf. “We convened the 2021 session knowing that getting economic relief into local economies was the most critical action that we would take as lawmakers. Now we are continuing our work on subsequent bills. Help is on the way.”
“I’m encouraged knowing that this funding is out the door. New Mexico’s small businesses have been shaken by the pandemic and they need our support,” said Rep. Christine Chandler of Los Alamos. “Direct funding to help pay for rent, equipment, and other operating costs will help businesses in my district and across the state keep their doors open and payroll going.”