TECH & INNOVATION NETWORK ADVISORY BOARD

HB0250

HOUSE BILL 250

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Meredith A. Dixon

AN ACT

RELATING TO ECONOMIC DEVELOPMENT; CHANGING THE MEMBERSHIP OF
THE TECHNOLOGY AND INNOVATION NETWORK ADVISORY BOARD, THE
ADVISORY BOARD'S EXECUTIVE COMMITTEE AND SUBCOMMITTEES CREATED
BY THE ADVISORY BOARD; REMOVING REPRESENTATIVES FROM THE
UNIVERSITY OF NEW MEXICO HEALTH SCIENCES CENTER, NAVAJO
TECHNICAL UNIVERSITY AND CENTRAL NEW MEXICO COMMUNITY COLLEGE
AS CORE MEMBERS OF THE ADVISORY BOARD; REMOVING REPRESENTATIVES
OF CENTERS OF EXCELLENCE NOT OTHERWISE REPRESENTED AS MEMBERS
OF THE ADVISORY BOARD; REDUCING THE NUMBER OF PUBLIC MEMBERS OF
THE ADVISORY BOARD TO NINE PUBLIC MEMBERS WITH EXPERIENCE IN
INVESTMENT OR ENTREPRENEURIAL SUPPORT IN FOUR OF THE TARGET
SECTORS; REMOVING TWO PUBLIC MEMBERS APPOINTED BY THE SECRETARY
OF ECONOMIC DEVELOPMENT AS MEMBERS OF THE ADVISORY BOARD'S
EXECUTIVE COMMITTEE; REMOVING THE REQUIREMENT THAT ONE
REPRESENTATIVE FROM PRIVATE INDUSTRY SHALL BE A MEMBER OF A
SUBCOMMITTEE CREATED BY THE ADVISORY BOARD; MAKING CONFORMING
AMENDMENTS; ENACTING TEMPORARY PROVISIONS TO PROVIDE FOR THE
EXPIRATION OF THE TERMS OF SERVICE OF ADVISORY BOARD MEMBERS
AND THE SUBCOMMITTEE MEMBER REMOVED BY THIS ACT AND FOR THE
APPOINTMENT OF ADVISORY BOARD MEMBERS CREATED BY THIS ACT.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

SECTION 1.
Section 9-15-15.4 NMSA 1978 (being Laws 2025,
Chapter 133, Section 3) is amended to read:

"9-15-15.4. TECHNOLOGY AND INNOVATION NETWORK ADVISORY
BOARD--CREATED--MEMBERS--DUTIES.--

A. The "technology and innovation network advisory
board" is created in the technology and innovation division of
the department. [
The advisory board consists of an executive
committee and any subcommittees created by the executive
committee.
] The advisory board is composed of the following

members
:

(1) the secretary or the secretary's designee,
to serve as chair;

(2) [
eleven
]
eight
members who may
collectively be referred to as "core members", including the
president of the New Mexico independent community colleges or
that president's designee, the president of the New Mexico
chamber of commerce or that president's designee and one
representative from [
each of the following
]:

(a) Sandia national laboratories;

(b) Los Alamos national laboratory;

(c) the United States air force research
laboratory;

(d) New Mexico state university;

(e) the university of New Mexico;
and

[
(f) the university of New Mexico health
sciences center;

(g)
]
(f)
the New Mexico institute of
mining and technology;
and

[
(h) Navajo technical university; and

(i) central New Mexico community
college;

(3) a representative from each center of
excellence established pursuant to Section 21-1-27.11 NMSA 1978
that is not otherwise represented on the board; and

(4) the following public members to be

appointed by the secretary:

(a) one representative from a skilled
trades association in New Mexico;

(b) one representative from a regional
economic development organization;

(c) one representative from an Indian
nation, tribe or pueblo;

(d) one representative from the private
equity industry with at least five years of relevant
experience;

(e) one representative from the venture
capital industry with at least five years of relevant
experience;

(f) one representative from the private
sector who owns a business and who, on account of the person's
previous vocation, employment or affiliation, cannot be
classified as a representative of employers or employees;

(g) one representative from a New Mexico
business incubator or accelerator with at least five years of
relevant experience; and

(h) eight representatives who are
industry alliance members or have at least five years of
relevant experience working in entrepreneurial support. Two
representatives shall be from each of the following four target
sectors: aerospace and space, biosciences, clean energy and
water and advanced computing
]

(3) nine public members appointed by the
secretary who have experience in investment or entrepreneurial
support in the target sectors of aerospace and space,
biosciences, clean energy and water or advanced computing
.

B. The technology and innovation network advisory
board [
is created to unite various sector perspectives to
assist in the guidance and ongoing strategic planning of the
division. The advisory board
] shall:

(1) unite various sector perspectives and
assist in and guide the ongoing strategic planning of the
division;

[
(1)
]
(2)
provide [
to
] the technology and
innovation division
with
recommendations for strategic
engagement [
industry perspective
]
and for
sectors that the
division should make target sectors and
with industry
perspectives and
feedback on the division's programs and
initiatives;

[
(2)
]
(3)
assist with ensuring active
engagement between the state and the private sector;

[
(3)
]
(4)
assist the technology and innovation
division with administering the Research, Development and
Deployment Fund Act, including providing recommendations to
that division for eligibility requirements, funding priorities
and the awarding of project funding; and

[
(4)
]
(5)
publish annual performance reports
by December of each year that identify near-term constraints,
[
and
] challenges [
identify
]
and
opportunities and long-term
trends and
that
provide sector survey metrics and policy
recommendations.

C. The technology and innovation network advisory
board shall meet [
beginning in 2025, not less than
]
at least

quarterly
or
at the call of the chair or at the request of two-fifths of its membership [
to carry out its duties
]. A majority
of the members constitutes a quorum for the transaction of
business, and the support of a majority of the quorum is
required for adoption of any action.

D. Appointments to the technology and innovation
network advisory board shall be made [
by
]
before September 1,
2025
, and the terms of service of appointed members [
shall
start
]
begin
on September 1, 2025. The [
terms shall be
]
term
of service of a technology and innovation network advisory
board member is
four years; [
and
]
provided that
the initial
terms shall be staggered so that the terms of one-half of the
members shall expire at the end of the initial two years and
the terms of the remaining members shall expire at the end of
the initial four years. The initial terms shall be selected by
random drawing.

E. Each member of the
technology and innovation
network
advisory board shall [
pursuant to a policy adopted by
and on forms required by the executive committee of the board
]
disclose conflicts of interest annually
in accordance with
procedures adopted by the board's executive committee
.

F. In the event of a vacancy on the technology and
innovation network advisory board, a new member shall be
appointed by the original appointing authority for the
remainder of the unexpired term. A member may be removed by
the secretary or by a two-thirds' vote of the executive
committee members.

G. Public members of the technology and innovation
network advisory board are entitled to [
receive
] per diem and
mileage
reimbursement
as provided in the Per Diem and Mileage
Act and shall receive no other compensation, perquisite or
allowance.

H. [
The staff for the technology and innovation
network advisory board shall be provided by
] The technology and
innovation division of the department [
and the staff
] shall

provide
staff for the technology and innovation network
advisory board to
:

(1)
provide
administrative and technical
support for the advisory board;

(2) [
assistance
]
assist
with the coordination
and documentation of board, executive committee and
subcommittee meetings;

(3) [
assistance
]
assist
with reporting
requirements and metric tracking; and

(4) support with the administration of
grants."

SECTION 2.
Section 9-15-15.5 NMSA 1978 (being Laws 2025,
Chapter 133, Section 4) is amended to read:

"9-15-15.5. TECHNOLOGY AND INNOVATION NETWORK ADVISORY
BOARD--EXECUTIVE COMMITTEE--SUBCOMMITTEES--COMPOSITION AND
DUTIES.--

[
A. There is created within the technology and
innovation network advisory board an executive committee.

B.
]
A.
The
technology and innovation network
advisory board has an
executive committee [
is composed
]
that
consists
of the following members of the [
technology and
innovation network advisory
] board:

(1) the chair;

(2) two core members;
and

[
(3) two of the public members appointed by
the secretary; and

(4)
]
(3)
one representative from each of the
following [
four
] target sectors:

(a)
aerospace and space;

(b)
biosciences;

(c)
clean energy and water; and

(d)
advanced computing.

[
C.
]
B.
The executive committee shall oversee the
technology and innovation network advisory board's operations,
set meeting agendas, review and approve subcommittee
recommendations and make time-sensitive decisions between full
board meetings.

[
D.
]
C. The technology and innovation network
advisory board may create subcommittees related to a target
sector.
A subcommittee shall [
be composed of the
]
include
two
representatives from the corresponding target sector, one
representative from a laboratory, one representative from a
university [
one representative from private industry
] and the
secretary or the secretary's designee to serve as chair. The
subcommittee members shall elect a vice chair. A member of the
public may apply to the executive committee to be a nonvoting
member of a subcommittee [
and the executive committee shall
adopt
]
in accordance with
policies and procedures [
necessary
for such an application and evaluation process
]
adopted by the
executive committee
.

[
E.
]
D.
A subcommittee created
by the technology
and innovation network advisory board
shall develop sector-specific metrics and goals, review and assess relevant grant
proposals, monitor sector performance and trends, prepare
annual reports and identify cross-sector opportunities.

[
F.
]
E. Beginning September 1, 2025
, the executive
committee [
beginning September 1, 2025
] and any subcommittees
created shall meet [
not less than
]
at least
quarterly
or
at the
call of the chair or at the request of two-fifths of its
membership [
to carry out its duties
]. A majority of the
members
of a subcommittee
constitutes a quorum for the
transaction of business, and the support of a majority of the
quorum is required for adoption of any action."

SECTION 3.
TEMPORARY PROVISION.--

A. The term of service for members of the
technology and innovation network advisory board appointed
pursuant to the following paragraphs and subparagraphs shall
expire on the effective date of this act:

(1) Subparagraphs (f), (h) and (i) of
Paragraph (2) of Subsection A of Section 3 of Chapter 133 of
Laws 2025;

(2) Paragraph (3) of Subsection A of Section 3
of Chapter 133 of Laws 2025; and

(3) Paragraph (4) of Subsection A of Section 3
of Chapter 133 of Laws 2025.

B. The term of service for a member of a
subcommittee created by the technology and innovation network
advisory board appointed as "one representative from private
industry" pursuant to Subsection D of Section 4 of Chapter 133
of Laws 2025 shall expire on the effective date of this act.

C. Members to fill the positions on the technology
and innovation network advisory board created by Section 1 of
this act shall be appointed on or before July 1, 2026.

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