Secure U.S. Leadership in Space Act of 2025 treats spaceports like airports for tax-exempt facility bond rules.
The Secure U.S. Leadership in Space Act of 2025 amends the Internal Revenue Code to treat spaceports like airports for purposes of exempt facility bond rules. It defines a spaceport as a facility near a launch or reentry site used for manufacturing, flight control, launch services, or transferring crew and cargo. The bill also allows spaceports to be exempt from public use requirements and permits certain manufacturing facilities. It ensures that bonds for spaceports are not considered federally guaranteed and makes conforming amendments to the Code.
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