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Tax Benefits for US Spaceport Development

This new law treats spaceports like airports for tax-exempt bond rules. This aims to ease financing for space infrastructure development, potentially creating jobs and advancing space technology in the US.
Key points
Spaceports will qualify for the same tax-exempt bond benefits as airports, reducing their construction and expansion costs.
The definition of a spaceport includes facilities for manufacturing, assembling, and repairing spacecraft, as well as flight control and launch services.
The act seeks to boost the US space industry's growth and global competitiveness.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_S_1560
Sponsor: Sen. Moody, Ashley [R-FL]
Process start date: 2025-05-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
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_S_1560.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

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-exempt bond benefits as airports, reducing their construction and expansion costs.
  • The definition of a spaceport includes facilities for manufacturing, assembling, and repairing spacecraft, as well as flight control and launch services.
  • The act seeks to boost the US space industry's growth and global competitiveness.
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 Sen. Moody, Ashley [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Public Investments Economy