FailedFiled Jan 28, 2026
Sponsor: Muñoz, George K.
Latest Action
Action Postponed Indefinitely (session adjourned sine die)
Feb 19, 2026
Summary
The bill requires the New Mexico Spaceport Authority to charge a fixed annual rental fee for each project, stopping fees from changing with market conditions. It also mandates that any fee for general use of common spaceport facilities must be at least 70% of the project's rental fee. The changes apply to contracts the authority signs after the law takes effect and affect businesses that lease spaceport property.
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