§ 58-31-3. Definitions

As used in the Spaceport Development Act: A. “ authority ” means the spaceport authority; B. “ 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; C. “ revenue ” means municipal regional spaceport gross receipts tax and county regional spaceport gross receipts tax revenue received from a regional spaceport district, revenue generated by a project and any other legally available funds of the authority; D. “ space vehicle ” means a vehicle capable of being flown in space or launching a payload into space; and E. “ spaceport ” means a 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.