NMSA 1978, § 7-9-54.2 — 7-9-54.2

Gross receipts; deduction; spaceport operation; space
operations; launching, operating and recovering space vehicles or
payloads; payload services; operationally responsive space
program services.

# A.

Receipts from launching, operating or recovering space vehicles or payloads in
New Mexico may be deducted from gross receipts.

# B.

Receipts from preparing a payload in New Mexico are deductible from gross
receipts.

# C.

Receipts from operating a spaceport in New Mexico are deductible from gross
receipts.

# D.

Receipts from the provision of research, development, testing and evaluation
services for the United States air force operationally responsive space program may be
deducted from gross receipts.

# E.

As used in this section:
(1) "operationally responsive space program" means a program authorized
pursuant to 10 U.S.C. 2273a;
(2) "payload" means a system, subsystem or other mechanical structure or
material to be conveyed into space that is designed, constructed or intended to perform
a function in space;
(3) "space" means any location beyond altitudes of sixty thousand feet above
the earth's mean sea level;
(4) "space operations" means the process of commanding and controlling
payloads in space; and
(5) "spaceport" means an installation and related facilities used for the
launching, landing, operating, recovering, servicing and monitoring of vehicles capable
of entering or returning from space.

# F.

Receipts from the sale of tangible personal property that will become an
ingredient or component part of a construction project or from performing construction
services may not be deducted under this section.