This bill changes chapter 511 of title 51 to update grants for space launch infrastructure. It redefines "public agency" to include States, state agencies, political subdivisions, airport authorities, and tax-supported organizations. It sets the standard federal share of a project grant at no more than 90 percent of total project cost, and lets the Secretary of Transportation waive that limit if the Secretary finds it is in the national interest. The bill expands eligible project considerations to include civil, national security, and commercial space transportation needs. The Secretary of Transportation must develop specific criteria for evaluating projects and consult with the Secretary of Defense, the NASA Administrator, the Secretary of Commerce, and other relevant agency heads. The bill requires a report to Congress within 2 years that evaluates demand for space transportation services, gives legislative, regulatory, and policy recommendations, examines long-term funding options, and assesses international capabilities; the report must be updated 6 years after enactment and every 4 years after that. The bill authorizes up to $10,000,000 per fiscal year for grants under the chapter and updates the chapter heading and table of chapters to read "Space Transportation Infrastructure Modernization Grants."
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