New Mexico Statutes
Article 9 - Enterprise Zones
Section 5-9-3 - Definitions.

As used in the Enterprise Zone Act:
A. "business facility" means the place of business within an enterprise zone of a business that is established within or begins operations in an enterprise zone;
B. "economically disadvantaged worker" means an employed person whose income as an unrelated individual or whose family income is less than the federally established poverty level and is below seventy percent of the lower living-standard-income level as determined and published by the United States department of labor;
C. "enterprise zone" means any geographical area that is designated as an enterprise zone in accordance with the provisions of the Enterprise Zone Act;
D. "local government" means:
(1) the governing body of any county, incorporated municipality or Indian nation, tribe or pueblo; or
(2) the entity designated as a governing body in a joint powers agreement entered into between or among the entities described in Paragraph (1) of this subsection for the purpose of creating and administering an enterprise zone;
E. "long-term unemployed worker" means a person with limited opportunity for employment or reemployment in the same or similar occupation in the same area in which an individual resides, including any older individuals who may have substantial barriers to employment by reason of age; and
F. "project" means an activity, undertaking or series of activities or undertakings designed to create new jobs, encourage business development and eliminate slums or blighted areas in enterprise zones that conform to an approved enterprise zone plan for job and business development, slum clearance and redevelopment, rehabilitation and preservation in the enterprise zone.
History: Laws 1993, ch. 33, § 3.

Structure New Mexico Statutes