Skyline of Richmond, Virginia

NM spaceport tax update

11.27.07

The Las Cruces Sun-News reported Monday that a state legislator has asked the New Mexico attorney general’s office for a legal opinion on delaying a spaceport tax that voters on Doña Ana County approved earlier this year. While the tax is scheduled to take effect on January 1, the money collected can’t be spent until a “spaceport tax district” is formed—and that can’t happen until another county approves the tax. That won’t happen until some time next year, when two other counties, Sierra and Otero, plan to hold referendums. County officials would prefer to wait until the tax district is in place before starting to collect the quarter-cent gross receipts tax.

Categories: Spaceports

posted by Jeff Foust on 11.27.07 @ 7:17 am

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