NM HB250

Reduces Technology and Innovation Network Advisory Board "core members" from 11 to 8 by removing representatives from UNM Health Sciences Center, Navajo Technical University, and Central New Mexico Community College

Eliminates representatives from Centers of Excellence not otherwise represented on the board as required members

Replaces 15 specific public member positions (including skilled trades, regional economic development, tribal, private equity, venture capital, business incubator, and sector-specific representatives) with 9 general public members having investment or entrepreneurial support experience in target sectors

Removes two public members appointed by the Secretary of Economic Development from the executive committee and eliminates the private industry representative requirement from subcommittees

Expires current terms of removed members on the effective date and requires new appointments by July 1, 2026