Secure U.S. Leadership in Space Act of 2024

3/21/2024, 3:09 PM

Summary of Bill S 3823

The Secure U.S. Leadership in Space Act of 2024, also known as Bill 118 s 3823, is a piece of legislation introduced in the United States Congress with the goal of ensuring that the United States remains a leader in space exploration and technology. The bill aims to strengthen the country's space capabilities and competitiveness in the global space industry.

Key provisions of the bill include:

1. Establishing a National Space Policy to guide the country's space activities and priorities. 2. Increasing funding for NASA and other space agencies to support research, development, and exploration efforts. 3. Promoting collaboration between government agencies, private companies, and international partners in space exploration. 4. Encouraging the development of new technologies and capabilities to enhance the country's space capabilities. 5. Strengthening national security in space by enhancing the country's ability to monitor and defend against potential threats. Overall, the Secure U.S. Leadership in Space Act of 2024 aims to ensure that the United States remains at the forefront of space exploration and technology, while also promoting collaboration and innovation in the global space industry.

Congressional Summary of S 3823

Secure U.S. Leadership in Space Act of 2024

This bill allows the financing of spaceports with tax-exempt facility bonds. The bill defines spaceport as any facility located at or near a launch or reentry site used for (1) manufacturing, assembling, or repairing spacecraft, space cargo, or other facilities; (2) flight control operations; (3) providing launch services and reentry services; or (4) transferring crew, spaceflight participants, or space cargo to or from spacecraft.

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Current Status of Bill S 3823

Bill S 3823 is currently in the status of Bill Introduced since February 28, 2024. Bill S 3823 was introduced during Congress 118 and was introduced to the Senate on February 28, 2024.  Bill S 3823's most recent activity was Read twice and referred to the Committee on Finance. as of February 28, 2024

Bipartisan Support of Bill S 3823

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3823

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3823

Secure U.S. Leadership in Space Act of 2024Secure U.S. Leadership in Space Act of 2024A bill to amend the Internal Revenue Code of 1986 to treat spaceports like airports for purposes of exempt facility bond rules.A bill to amend the Internal Revenue Code of 1986 to treat spaceports like airports for purposes of exempt facility bond rules.
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Comments

Sponsors and Cosponsors of S 3823

Marco Rubio
Marco Rubio
Florida(Republican)
Ben Ray Lujan
Ben Ray Lujan
New Mexico(Democrat)

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