The bill would let qualifying spaceports receive the same treatment as airports under federal tax rules for exempt facility bonds. It defines a spaceport to include facilities near launch or reentry sites used for spacecraft manufacturing and repair, flight control, launch or reentry services, and transferring people or cargo to and from spacecraft. A spaceport would not have to be open to the general public. The bill also addresses spaceport ground leases on federal land, certain payments by the United States for spaceport use, and an exclusion from the state bond ceiling for qualifying bonds. The changes would apply to bonds issued after enactment.
The bill could change how qualifying spaceport projects use exempt facility bonds. It does not require spaceports to serve the general public. The text does not describe effects on individual taxpayers or spaceport users.
No publicly available information on the bill's expected costs. The bill does not state a funding amount.
No publicly available information.
No publicly available information.