New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 61 - SPACEPORTS
Part 3 - SPACEPORT AUTHORITY BOARD OF DIRECTORS BYLAWS
Section 18.61.3.9 - THE AUTHORITY
Universal Citation: 18 NM Admin Code 18.61.3.9
Current through Register Vol. 35, No. 18, September 24, 2024
A. Spaceport Development Act. The New Mexico spaceport authority (the authority) is a New Mexico state agency organized under the provisions of the Spaceport Development Act, Sections 58-31-1, et seq. NMSA 1978.
B. Governance. The authority is governed by seven voting and two nonvoting members of the board of directors (the "board"). The board shall make all rules and regulations necessary for the administration of Spaceport America.
C. Purpose. The authority shall implement the purposes of the Spaceport Development Act:
(1) encourage and foster development of the
state and its cities and counties by developing spaceport facilities in New
Mexico;
(2) actively promote and
assist public and private sector infrastructure development to attract new
industries and businesses, thereby creating new job opportunities in the
state;
(3) create the statutory
framework that will enable the state to design, finance, construct, equip and
operate spaceport facilities necessary to ensure the timely, planned and
efficient development of a southwest regional spaceport; and
(4) promote educational involvement in
spaceport activities and education and training of the workforce to develop the
skills needed for spaceport operations.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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