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Kennedy Space Center Infrastructure: Pilot Program and Investment Fund.

This act establishes a pilot program for private and public investment in infrastructure at the Kennedy Space Center. It creates a dedicated fund to finance repairs, maintenance, and modernization of NASA facilities, potentially boosting space activities and creating jobs in the region.
Key points
Establishment of an Infrastructure Investment Fund within the U.S. Treasury for NASA infrastructure upgrades at Kennedy Space Center.
Funds can be collected through assessments in agreements supporting public and commercial activities at Kennedy Space Center.
Money from the fund will be used for capital repairs, maintenance, and improvements to NASA-owned infrastructure, supporting space missions and technological advancement.
NASA will provide annual reports on the fund's collections and expenditures, ensuring transparency.
The authority to collect assessments for the fund expires on December 31, 2035, but existing agreements and use of collected funds remain valid.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2622
Sponsor: Sen. Moody, Ashley [R-FL]
Process start date: 2025-07-31
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Space Ready Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2622.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-31.

What are the main provisions?

Key points include:

  • Establishment of an Infrastructure Investment Fund within the U.S. Treasury for NASA infrastructure upgrades at Kennedy Space Center.
  • Funds can be collected through assessments in agreements supporting public and commercial activities at Kennedy Space Center.
  • Money from the fund will be used for capital repairs, maintenance, and improvements to NASA-owned infrastructure, supporting space missions and technological advancement.
  • NASA will provide annual reports on the fund's collections and expenditures, ensuring transparency.
  • The authority to collect assessments for the fund expires on December 31, 2035, but existing agreements and use of collected funds remain valid.
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

Public Investments