New Mexico 2024 Regular Session

New Mexico Senate Bill SB199

Introduced
1/24/24  
Report Pass
1/25/24  

Caption

Roswell Air Center Air Racing Events

Impact

The bill is expected to have significant implications for local economic development in the Roswell area. By improving the Roswell Air Center, the state seeks to establish it as a venue for air racing, which could attract visitors, enhance local tourism, and stimulate the regional economy. This initiative aligns with broader efforts to promote aviation and aerospace industries in New Mexico, thus potentially creating job opportunities and supporting related local businesses.

Summary

Senate Bill 199 is a legislative proposal aimed at allocating $10 million from the general fund of New Mexico for the construction and improvements to the Roswell Air Center. The primary purpose of this funding is to enhance the facilities to host air racing events. This appropriation is intended to cover a range of expenses including construction, reconstruction, repairs, planning, design, and equipment necessary for the Air Center's betterment. It is projected that the expenditures will take place from fiscal years 2025 through 2029.

Contention

As with many appropriations, there may be points of contention regarding the funding's use and its prioritization in state budgeting. Critics could argue that such a significant investment in a niche sport could divert resources from other pressing needs within the community or state. Advocates for the bill, however, would likely emphasize the long-term benefits of investing in infrastructure that has potential for economic return through events and tourism related to air racing.

Companion Bills

No companion bills found.

Previously Filed As

NM SB104

Airport Improvement Funds

NM SB330

Transfer Horse Racing Regulation

NM HB505

Capital Outlay Projects

NM SB309

Capital Outlay Reauthorizations

NM HM16

"new Mexico Aerospace Day"

NM SB257

Melrose Air Force Range Land Agreement

NM SB433

Expand Rural Air Passenger Capacity

NM SB192

Additional Appropriations & Confidentiality

NM HB214

General Appropriation Act Of 2023

NM HB365

Geothermal Center & Fund

Similar Bills

No similar bills found.