- As used in the Regional Spaceport District Act:
- A. "authority" means the spaceport authority created pursuant to the Spaceport Development Act [58-31-1 to 58-31-17 NMSA 1978];
- B. "board" means the board of directors of a district;
- C. "bond" means a revenue bond issued by the authority on behalf of a district;
- D. "combination" means two or more governmental units that exercise joint authority;
- E. "district" means a regional spaceport district that is a political subdivision of the state created pursuant to the Regional Spaceport District Act;
- F. "governmental unit" means the state, a county or a municipality of the state or an Indian nation, tribe or pueblo located within the boundaries of the state;
- G. "project" means any land, building or other improvements acquired as part of a spaceport or associated with a spaceport or to aid commerce in connection with a spaceport and all real and personal property deemed necessary in connection with the spaceport;
- H. "revenues" means municipal regional spaceport gross receipts tax revenues and county regional spaceport gross receipts tax revenues; and
- I. "spaceport" means any facility in New Mexico at which space vehicles may be launched or landed, including all facilities and support infrastructure related to launch, landing or payload processing.
History: Laws 2006, ch. 15, § 3.
ANNOTATIONS
Cross references. — For the municipal regional spaceport gross receipts tax, see 7-19D-15 NMSA 1978.
For the county regional spaceport gross receipts tax, see 7-20E-25 NMSA 1978.
Effective dates. — Laws 2006, ch. 15 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 17, 2006, 90 days after adjournment of the legislature.