In 2005, the NM legislature established a “Spaceport America Regional Spaceport District” (the District) via the Regional Spaceport District Act (§5-15-1 et seq., Laws of 2005) as the entity to receive and distribute additional revenue from the Sierra County and Dona Ana County ¼% spaceport gross receipts tax. The tax passed in separate special referenda by the voters of Doña Ana and Sierra counties in 2007 and 2008, respectively, in order to fund a significant share of the spaceport’s development. In 2009, the District pledged 75% of the tax revenues toward the repayment of bond debt issued by the NMSA for construction, and the other 25% has flowed to local spaceport-related education.
The District’s Board of Directors consists of six members that includes four elected officials appointed by the respective county commissions of Doña Ana and Sierra counties. The board also includes two statewide delegates appointed by the Governor, subject to confirmation by the State Senate. The District board is required to meet at least annually.