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FL S0370
M
AI Summary
- Florida Legislature urges the U.S. Congress to add spaceports as a qualified tax-exempt category of private activity bonds under the Internal Revenue Code, similar to the treatment currently available for airports and docks/wharfs
- Florida designated space as an official mode of transportation in 1999 and integrated spaceports into its statewide strategic intermodal system under the Department of Transportation
- The memorial argues that tax-exempt financing for spaceports will encourage greater private investment in aerospace infrastructure and help Florida remain the dominant state in the commercial space economy
- The resolution highlights growing competition from China and others, framing spaceport infrastructure development as key to maintaining U.S. leadership in space
- The Secretary of State is directed to send copies of the memorial to the U.S. President, the President of the Senate, the Speaker of the House, and all members of Florida's congressional delegation
Legislative Description
Spaceports
Last Action
Signed by Officers and filed with Secretary of State
4/2/2024
Committee Referrals
Rules12/6/2023
Full Bill Text
No bill text available