New Mexico Governor Signs Spaceport Liability Legislation Into Law
The AP (4/3, Clausing) reports, “Gov. Susana Martinez on Tuesday signed into law liability-waiving legislation aimed at saving the state’s nearly quarter-billion-dollar investment in a futuristic spaceport and retaining its anchor tenant, British billionaire Richard Branson’s Virgin Galactic.”
Martinez said the new law shows the state is “not only reaffirming the major commitment New Mexicans have made to Spaceport America but we now have an even stronger opportunity to grow the number of commercial space jobs at the spaceport and across our state. This legislation will prevent lawsuit abuse and make it easier for businesses related to the space travel industry to thrive and succeed right here in New Mexico.” The article notes that previously Virgin Galactic had protested its rent payments and had threatened to leave if the law was not passed. In a statement yesterday, Virgin Galactic said it was always committed to the project but now more needs to be done to bring other customers to the spaceport.