Budget: August 2015 Archives

Senate Approves U.S. Commercial Space Launch Competitiveness Act, Senate Committee on Commerce, Science, and Transportation

"The U.S. Senate, today, unanimously approved S. 1297, the U.S. Commercial Space Launch Competitiveness Act, introduced by Commerce Committee Space, Science, and Competitiveness Subcommittee chairman Sen. Ted Cruz (R-Texas), full committee ranking member Sen. Bill Nelson (D-Fla.), Space, Science, and Competitiveness Subcommittee ranking member Sen. Gary Peters (D-Mich.), and subcommittee members Marco Rubio (R-Fla.), and Cory Gardner (R-Colo.). The legislation, which the full Commerce Committee approved by voice vote with an amendment on May 20, 2015, extends the operational use of the International Space Station (ISS) until 2024, a regulatory moratorium on commercial space activity through FY 2020, and ensures stability for the continued development and growth of the U.S. commercial space sector and other space initiatives."