Space Tourism Promotion Act of 2001
Latest action · Jul 17, 2001 Referred to the Subcommittee on Space and Aeronautics.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 10, 2001
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code of 1986 to exclude from gross income gain on the sale or exchange of any stock of a qualified space tourism corporation held for more than a year.
Requires the Secretary of Transportation to issue regulations to: (1) govern activities necessary to ensure the safe operation of passenger-carrying launch and reentry vehicles and spacecraft for space tourism and activities related to the provision and safe operation of habitable facilities in outer space for space tourism; and (2) prevent the growth of orbital debris resulting from activities associated with space tourism.
Prohibits: (1) the use of launch, reentry, and space travel vehicles owned by the Government for the transport of any individuals other than those engaged in or supporting the conduct of official business or scientific or engineering research and development (R&D), except in emergencies; and (2) the U.S. portion of the International Space Station from being visited or occupied by any individuals other than those engaged in or supporting the conduct of such business or R&D and those authorized by relevant international agreements, except in emergencies.
Requires the use of other Federal facilities and infrastructure, such as launch ranges and data relay satellites, to be made available to commercial entities engaged in space tourism on a cost-reimbursable basis to the extent that excess capacity exists.
Cosponsors
Members who signed on, in the order they did.
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Science, Space, and Technology Committee | Referred Jul 10, 2001 |
| Space and Aeronautics Subcommittee | Referred Jul 17, 2001 | |
| House | Ways and Means Committee | Referred Jul 10, 2001 |
Actions 3
Everything that happened, newest first.
- Jul 17, 2001Referred to the Subcommittee on Space and Aeronautics.
- Jul 10, 2001Introduced in House
- Jul 10, 2001Referred to the Committee on Science, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To promote the development of the United States space tourism industry, and for other purposes.
- Short Titles as Introduced
- Space Tourism Promotion Act of 2001
Subjects
Assigned by the Library of Congress. Policy area: Science, Technology, Communications.
- Administrative fees
- Administrative procedure
- Aviation safety
- Capital gains tax
- Commerce
- Communication satellites
- Department of Transportation
- Economics and Public Finance
- Environmental Protection
- Federal installations
- Federally-guaranteed loans
- Finance and Financial Sector
- Government Operations and Politics
- Government vehicles
- Income tax
- Infrastructure
- Launch vehicles
- Law
- Liens
- Refuse and refuse disposal
- Science, Technology, Communications
- Space activities
- Space commercialization
- Space flight
- Space stations
- Spacecraft
- Stocks
- Tax exclusion
- Taxation
- Tourism
- Waste reduction
Text 1
Each version as it was printed, newest first.
- Jul 10, 2001Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
