This act [50-14A-1 to 50-14A-7 NMSA 1978] may be cited as the “Rapid Workforce Development Act”. History: Laws 2016, ch. 23, § 1. ANNOTATIONS Effective dates. — Laws 2016, ch. 23, § 8 made the Rapid Workforce Development Act effective July 1, 2016. Delayed repeals. — For delayed repeal of this section, see 50-14A-7 NMSA […]
The purpose of the Rapid Workforce Development Act is to provide resources to quickly establish or expand programs in the state’s institutions of higher education to train and educate New Mexico’s workers for employment with: A. existing New Mexico employers that expand their workforce; and B. employers that establish operation in New Mexico and create […]
As used in the Rapid Workforce Development Act: A. “board” means the rapid workforce development board; B. “employer” means an individual, corporation, federally chartered corporation, limited liability company, partnership, nonprofit organization, joint venture, syndicate, association or Indian nation, tribe or pueblo that: (1) currently transacts business in New Mexico and wishes to increase the number […]
The “rapid workforce development board” is created. The board is administratively attached to the economic development department and consists of the: A. secretary of economic development or the secretary’s designee; B. secretary of higher education or the secretary’s designee; and C. secretary of workforce solutions or the secretary’s designee. History: Laws 2016, ch. 23, § […]
The “rapid workforce development fund” is created in the state treasury. The fund consists of appropriations and money otherwise accruing to the fund. Money in the fund is subject to appropriation by the legislature to the economic development department for use as provided in Section 6 [50-14A-6 NMSA 1978] of the Rapid Workforce Development Act. […]
A. Members are entitled to be reimbursed pursuant to the Per Diem and Mileage Act [10-8-1 to 10-8-8 NMSA 1978] and shall receive no other compensation, perquisite or allowance for service on the board. B. The secretary of economic development shall: (1) identify employers; (2) work with an employer to determine: (a) the number of […]
The board is terminated on July 1, 2023 pursuant to the Sunset Act. The board shall continue to operate according to the provisions of the Rapid Workforce Development Act until July 1, 2024. Effective July 1, 2024, the Rapid Workforce Development Act is repealed. History: Laws 2016, ch. 23, § 7. ANNOTATIONS Effective dates. — […]
