New Mexico State Sen. George Munoz, D-Gallop, has introduced a bill that would get New Mexico out of the space business by putting Spaceport America up for sale.
The measure, SB-267, would require the New Mexico Spaceport Authority to develop a plan for selling the $225 million facility located outside of Truth or Consequences.
Funds from the sale would go toward early pay back of bonds used to fund the spaceport. Special taxes imposed in Sierra and Dona Ana counties to help pay for the spaceport would be rescinded. And the spaceport authority would be put out of business.
The spaceport was developed with Virgin Galactic as its anchor tenant. However, Virgin has experienced years of delay in getting its space tourism business up and running. SpaceX has a test facility at Spaceport America, and a number of sounding rockets have been launched from the location.