American Space Commerce Act of 2023

Summary

American Space Commerce Act of 2023 This bill allows a special allowance for bonus depreciation for qualified domestic space launch property and extends the termination of such allowance until the end of 2032. The bill defines qualified domestic space launch property as property placed in service before January 1, 2033, that is (1) a space transportation vehicle or payload that is launched from the United States, or (2) other property or equipment placed in service to facilitate a space launch from the United States.

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Timeline

1. 1 March 2023

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 1 March 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 1 March 2023 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 1 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 1 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 1 March 2023

  Open at official source

Sponsors

• Sen. Rubio, Marco [R-FL] · R · Sponsor
• Rick Scott · R · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Roger Wicker · R · Sponsor
• Ted Cruz · R · Sponsor
• · ssfi00 · Standing

Related records

• related to ← American Space Commerce Act of 2023