SANTA FE, NM (KWES) - Friday, the House Commerce and Economic Development Committee passed House Bill 497, introduced by Representative Bill Pratt (D-Albuquerque), to market New Mexico as a place to retire.

House Bill 497 appropriates $1 million to implement a marketing campaign to attract retirees to New Mexico.

“With New Mexico’s tourism on the rise, it’s important that we promote our state as somewhere to visit but also a place to stay. Recruiting retirees to New Mexico would add to our economy and show that we are a welcoming and inclusive state,” said Rep. Bill Pratt. “New Mexico has a rich cultural history and it’s important that we send a message that we are open to all.”

House Bill 497 now heads to the House Appropriation and Finance Committee.