Representative Neal Dunn (R-FL) is introducing bipartisan legislation to encourage greater investment in space exploration facilities. This would drive innovation and secure America's leadership in space exploration.
Named the "Secure U.S. Leadership in Space" Act, Rep. Dunn's bill specifically allows state and local government investment in spaceports and related infrastructure to qualify as approved activity for municipal revenue bonds.
"The United States must invest heavily in its space infrastructure to maintain our economic dominance and national security interests in space," said Rep. Dunn in his press release, adding, "Florida communities are eager to expand investments in space infrastructure, and Congress must be willing to facilitate these efforts. This bipartisan legislation will help secure our commercial and defense interests while paving the way for American dominance in space."
Senator Ashley Moody (R-FL) is sponsoring the Senate companion bill, saying, "I have seen firsthand how public and private entities can come together to make great strides in innovation on Florida's Space Coast."
"It is vital to incentivize these partnerships and ensure the U.S. remains at the forefront of the space industry to not only build upon Florida's economic successes but protect national security interests as well. I am thankful for my colleagues that have joined me in introducing this important legislation and look forward to bolstering Florida's position as the leader of space exploration," Sen. Moody added.
Dunn's bill marks the latest piece of space-related legislation in recent weeks, as Representative Daniel Webster (R-FL) introduced the CAPE Canaveral Act at the beginning of April, which, as its name suggests, transfers the headquarters of the National Aeronautics and Space Administration (NASA) to Cape Canaveral, Florida.
"With direct access to the nation's premier launch sites, a strategic geographic advantage, thriving aerospace industry, and pro-business policies, this move would enhance NASA's mission, increase efficiency, and drive economic opportunity," Rep. Webster said of his bill, adding, "Relocating NASA's headquarters to Florida's Space Coast recognizes this history and positions the agency for even greater success."
