Economic Development Boards
Lodgers’ Tax Advisory Board
The Lodgers’ Tax Advisory Board advises the Mayor and City Council on the expenditure of lodgers’ tax funds for advertising, publicizing, and promoting tourist attractions and facilities in Albuquerque.
The Lodgers’ Tax Advisory Board is a volunteer board of seven members appointed by the Mayor with advice and consent of the City Council. The board advises the Mayor and City Council on the expenditure of lodgers’ tax funds for advertising, publicizing, and promoting tourist attractions and facilities in Albuquerque.
The Board meets on the fourth Thursday of every month from 4 to 5:30 p.m. at the Albuquerque Convention Center.
Lodgers’ board members serve three-year terms. Members must be residents of the city. Two members represent the lodging industry, two members are directly involved in tourist-related industries, and three members-at-large represent the public.
Commission Duties
- Serves as a catalyst to attract venture capital and entrepreneurs to invest in biotech startups spun off from technology developed at our research universities and national labs.
- Developed a certification program that helps bioscience companies identify locations in terms of infrastructure/utilities, regulatory framework, and workforce and training. Albuquerque is the first city to have qualified for the program.
- Review past and current performance of any organization contracting with the City to supply advertising, publicizing, and promotion of tourist attractions, conventions, and tourist-related activities
- Advise the Mayor as to the performance of such contractors on a quarterly basis, and make recommendations to the Mayor concerning whether such contracts should be renewed or canceled
Contact
Daniel Schmuck
Senior Economic Developer
dschmuck@cabq.gov
(505) 328-5342
Small Business Regulatory Advisory Commission (SBRAC)
SBRAC represents the voice of the small business community in Albuquerque.
SBRAC is a volunteer board of seven members appointed by the Mayor with the advice and consent of the City Council. It reviews policy and regulations as well as provides recommendations in order to maintain a vibrant and growing small business sector and minimize costs and burdens on small business.
The commission meets on the first Tuesday of every month from 7:30 to 9 a.m.
SBRAC commission members serve three-year terms, not to exceed more than three consecutive terms.
Commission Duties
- Solicit comments from the small business community relating to existing or proposed rules and legislation of the City that adversely impacts the formation, operation, or expansion of a small business
- Notify associations or owners and officers of businesses that are likely to be affected by proposed rules and legislation that may have an adverse effect on small businesses and advise them that they may submit data or position papers to the commission or its designee as to how the proposed rule or legislation will adversely affect them
- Prior to adoption of proposed rules or legislation that the commission determines might have an adverse effect on small business, the commission shall prepare small business impact statements and present to the governing body or appropriate department
- Conduct ongoing reviews of existing City rules that effect small businesses to determine if the rules negatively affect them
- Provide quarterly reports to the Mayor and City Council with recommendations concerning rules that should be amended to minimize adverse impact on small businesses
Contact
Frankie Hermosillo
fhermosillo@cabq.gov
(505) 768-4775