Oklahoma SB912 modifies the Aerospace and Aeronautics Commission and establishes the Space Industry Development Authority.
Oklahoma SB912 amends the Oklahoma Space Industry Development Act by modifying the number of members on the Aerospace and Aeronautics Commission. The Commission will transition to become the Board of Directors of the Space Industry Development Authority. The bill updates statutory references, recodifies sections, and repeals certain provisions. The Authority will have powers to regulate spaceport activities, issue bonds, and manage space industry development projects. The bill also defines key terms related to spaceports and industry activities.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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