Texas urges Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds.

This resolution urges the United States Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds. It highlights Texas's historical and current leadership in space exploration and innovation, noting the state's significant aerospace infrastructure and the growing private space sector. The resolution argues that making spaceports eligible for tax-exempt private activity bonds would encourage investment in aerospace infrastructure, benefiting both Texas and the nation, and help maintain U.S. leadership in space commerce.

Texas urges Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds.

This resolution urges the United States Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds. It highlights Texas's historical and current leadership in space exploration and innovation, noting the state's significant aerospace infrastructure and the growing private space sector. The resolution argues that making spaceports eligible for tax-exempt private activity bonds would encourage investment in aerospace infrastructure, benefiting both Texas and the nation, and help maintain U.S. leadership in space commerce.