Limit Spaceport Fees

Where it is in the process

Plain-English Summary

This bill changes how the New Mexico Spaceport Authority can charge fees. It sets rules for annual rental fees for projects, stating they must be a fixed rate and not change based on market conditions or how much the project is used. It also requires that annual fees for general services and common spaceport facilities for a rental customer be at least 70% of that customer's annual project rental fee.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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