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

This resolution urges Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds. It highlights Texas's significant role in space exploration and the growing private space sector. The resolution argues that making spaceports eligible for these bonds would encourage investment in aerospace infrastructure, benefiting both Texas and the nation. It also notes that the United States must maintain its leadership in space commerce.

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

This resolution urges Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds. It highlights Texas's significant role in space exploration and the growing private space sector. The resolution argues that making spaceports eligible for these bonds would encourage investment in aerospace infrastructure, benefiting both Texas and the nation. It also notes that the United States must maintain its leadership in space commerce.