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Tax Breaks for Spaceports: Boosting US Space Industry

This act aims to facilitate the financing of spaceport construction and development in the US. By amending tax laws, spaceports will be treated similarly to airports, potentially lowering their construction and operating costs. This could foster the growth of the space industry, create new jobs, and enhance innovation in the space sector.
Key points
Spaceports will qualify for the same tax exemptions as airports, making their financing easier.
The act defines a spaceport as a facility for manufacturing, assembling, repairing spacecraft, flight control, providing launch and reentry services, and transferring crew and cargo.
These changes could accelerate the development of US space infrastructure, potentially impacting the availability of space services and technological advancement.
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Introduced
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Additional Information
Print number: 119_HR_3142
Sponsor: Rep. Dunn, Neal P. [R-FL-2]
Process start date: 2025-05-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Secure U.S. Leadership in Space Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3142.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-01.

What are the main provisions?

Key points include:

  • Spaceports will qualify for the same tax exemptions as airports, making their financing easier.
  • The act defines a spaceport as a facility for manufacturing, assembling, repairing spacecraft, flight control, providing launch and reentry services, and transferring crew and cargo.
  • These changes could accelerate the development of US space infrastructure, potentially impacting the availability of space services and technological advancement.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Dunn, Neal P. [R-FL-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Public Investments Economy