Short title.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. New Mexico Work and Save
  5. Short title.

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This act [58-33-1 to 58-33-12 NMSA 1978] may be cited as the "New Mexico Work and Save Act".

History: Laws 2020, ch. 7, § 1.

ANNOTATIONS

Effective dates. — Laws 2020, ch. 7 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 20, 2020, 90 days after adjournment of the legislature.

Temporary provisions. — Laws 2020, ch. 7, § 13 provided:

A. The New Mexico retirement plan marketplace shall be implemented no later than July 1, 2021.

B. New Mexico work and save shall be implemented so that covered employees may begin contributing to New Mexico work and save no later than January 1, 2022.


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