Section 58-31-3 - Definitions. - New Mexico Statutes

58-31-3. Definitions.

As used in the Spaceport Development Act [58-31-1 NMSA 1978]:   

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.