Newly Signed Senate Bill to Allow Clovis to Incentivize Retail

On Thursday, April 8, 2021, Governor Michelle Lujan Grisham signed Senate Bill 49, an amendment to the Local Economic Development Act (LEDA) that will allow municipalities to utilize LEDA funds to incentivize retail.  Mayor Michael Morris spearheaded this effort during New Mexico’s recent legislative session, and the bill was carried in the legislature by Senator Pat Woods (R), Senator Ron Griggs (R), Senator Liz Stephanics (D), Representative Kelly Fajardo (R) and Representative Randy Crowder (R). 

“Senate Bill 49 is vital to our area to support local retail in Clovis and prevent buyer leakage into Texas,” remarked Mayor Morris.  “I would like to thank Governor Michelle Lujan Grisham and our local delegation, including Senator Woods and Representative Crowder, for their support in this effort.  By incentivizing new retail and the expansion of existing retail under LEDA, we will be able to expand Clovis’ economy and encourage the community to shop Clovis first.”

For questions, please contact the City Manager’s Office at (575) 769-7828.