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S 1560119th CongressIntroduced
Secure U.S. Leadership in Space Act of 2025
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
The Secure U.S. Leadership in Space Act of 2025 amends the Internal Revenue Code to treat spaceports as airports for the purposes of exempt facility bond rules. It defines a spaceport, expands bond exemptions, and clarifies state‑level ceiling rules and partnership provisions.
Key Points
- 1Definition of a spaceport and its inclusion in exempt facility bond rules.
- 2Exemption of spaceport bonds from federal guarantee requirements.
- 3Clarification of state ceiling and partnership rules for spaceport financing.
- 4Rulemaking authority for the Attorney General to streamline sealing of records.
- 5Impact on spaceport operators, federal agencies, and investors.
Impact Areas
Spaceport developers and operatorsFederal and state governmentsInvestors and bondholdersAerospace industry stakeholders
Generated by openai/gpt-oss-20b:free on Nov 19, 2025