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American Space Renaissance Act
This bill directs the President to develop:
The Department of Defense (DOD) shall designate a DOD official to be Principal Defense Space Advisor on all space matters.
DOD shall:
The President shall establish a National Executive Committee on Weather.
DOD shall:
The Air Force shall contract with a private entity to carry out Satellite Control Network operations.
The bill requires U.S. aeronautical and space activities to contribute materially to:
The bill establishes the National Aeronautics and Space Administration (NASA) Leadership and Advising Commission.
NASA shall develop:
NASA shall:
The bill establishes an Office of Commercial Space Transportation within the Department of Transportation (DOT), which shall in turn establish within it an Office of Spaceports to support and establish domestic commercial spaceports.
DOT shall also designate a lead government agency for space traffic management activities and services.
The Department of State shall seek to convene a meeting of nations to develop a unified space traffic management regime.
The National Oceanic and Atmospheric Administration (NOAA) of the Department of Commerce shall promulgate rules regarding its treatment of weather data acquired from commercial space-based systems.
Commerce shall report on the feasibility and benefits of reorganizing the Department to better coordinate and support its space-related economic and regulatory activities.
The bill amends the Internal Revenue Code to allow a business-related tax credit for 10% of the insured value of all payloads launched by a licensed domestic launch provider or on a launch vehicle meeting Buy American requirements
Commerce shall make loan guarantees to a domestic commercial entity or a Federal Aviation Administation-licensed spaceport to promote job creation in the U.S. space sector and encourage startup companies.
DOT shall establish a program to allow commercial entities to operate space training flights.
The Internal Revenue Code is amended to allow an individual to elect to include in gross income gains from the sale or other disposal of stock or option-related compensation received for services rendered from a startup domestic commercial space company.
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No CBO cost estimate has been published for this bill.