A. As used in this section:
(1) "economic-base job" means a job in which sixty percent or more of the revenue generated from the goods or services produced derives from outside the state;
(2) "program agency" means a certified business incubator, a community college or an organization whose purpose is to create jobs and promote economic development; and
(3) "solo worker" means a person who is engaged in full-time employment and whose employer, if any, does not supply the office space or amenities used to perform the person's work.
B. The "solo-worker program" is created in the economic development department. The purpose of the solo-worker program is to improve the state's rural and urban economies by creating and sustaining economic-base jobs and expanding businesses owned and operated by solo workers engaged in economic-base jobs.
C. To carry out the purpose of the solo-worker program, the department shall provide matching funding, if other funds become available, to program agencies for advancing initiatives that:
(1) create opportunities for New Mexico residents to become solo workers engaged in economic-base jobs;
(2) support the continued employment and business expansion of existing solo workers engaged in economic-base jobs;
(3) recruit from outside of the state solo workers engaged in economic-base jobs; and
(4) make the state and its local communities more competitive for creating, attracting and retaining solo- worker jobs.
History: Laws 2016, ch. 57, § 1.
ANNOTATIONSEffective dates. — Laws 2016, ch. 57 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 18, 2016, 90 days after the adjournment of the legislature.