The trade ports advisory committee has the following duties: A. meet quarterly and at such other times as deemed necessary by the chair; B. review and recommend approval, modification or disapproval of specific geographic areas to be designated as trade port districts; C. review and recommend approval, modification or disapproval of proposed public- private partnership agreements for a trade port project; D. recommend modification or termination of existing approvals or designations for failure to meet the requirements of the Trade Ports Development Act; E. recommend the promulgation of rules establishing the application process and criteria for the approval of public-private partnership agreements in accordance with the provisions of the State Rules Act [Chapter 14, Article 4 NMSA 1978]; F. recommend approval or disapproval of applications for grants or loans from the trade ports development fund for trade port projects; G. consult with state agencies on technical issues relevant to the trade ports advisory committee's consideration of an application; and H. request updates to any technical information, including any annual certification, provided in connection with an approved application or designation. History: Laws 2025, ch. 86, § 6.
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