NASA Enhanced-Use Leasing Extension Act of 2022

NASA Enhanced-Use Leasing Extension Act of 2022

This bill extends through 2022 the authority of the National Aeronautics and Space Administration (NASA) to lease its non-excess real property and related personal property.

Bill 117 HR 6620, also known as the NASA Enhanced-Use Leasing Extension Act of 2022, is a piece of legislation that aims to extend the authority of NASA to enter into enhanced-use leasing agreements for an additional five years.

Enhanced-use leasing agreements allow NASA to lease out underutilized or vacant property to private entities for commercial use, with the goal of generating revenue for the agency. These agreements can help NASA offset costs and improve the efficiency of its operations.

The bill specifies that any revenue generated from enhanced-use leasing agreements must be used to support NASA's mission and goals. It also requires NASA to submit annual reports to Congress detailing the status of its enhanced-use leasing activities. Overall, the NASA Enhanced-Use Leasing Extension Act of 2022 seeks to continue and expand NASA's ability to enter into these agreements in order to maximize the use of its resources and support its important work in space exploration and research.