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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.
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Status: Introduced
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Additional Information
Print number: 119_S_2622
Sponsor: Sen. Moody, Ashley [R-FL]
Process start date: 2025-07-31