Legis Daily

Space Ready Act

USA119th CongressS-2622| Senate 
| Updated: 7/31/2025
Ashley Moody

Ashley Moody

Republican Senator

Florida

Commerce, Science, and Transportation Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill authorizes the Administrator of the National Aeronautics and Space Administration to conduct a pilot program designed to facilitate both private and public investment in specific infrastructure projects located at the Kennedy Space Center . To support these efforts, the bill establishes an Infrastructure Investment Fund within the Treasury of the United States, specifically designated for NASA's infrastructure investments. The Infrastructure Investment Fund will be financed through assessments included in agreements that support public and commercial activities at the Kennedy Space Center. These collected assessments will be deposited into the Fund and remain available until expended, specifically for capital repairs, maintenance, and improvements to NASA-owned infrastructure at the Center. Such improvements may encompass renovation, construction, and modernization, all of which will remain property of the United States. The Administrator is required to submit an annual report to Congress detailing the Fund's collections, expenditures, and proposed uses, with the authority to collect assessments terminating on December 31, 2035.
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Timeline
Jul 31, 2025
Introduced in Senate
Jul 31, 2025
Read twice and referred to the Committee on Commerce, Science, and Transportation.
  • July 31, 2025
    Introduced in Senate


  • July 31, 2025
    Read twice and referred to the Committee on Commerce, Science, and Transportation.

Science, Technology, Communications

Space Ready Act

USA119th CongressS-2622| Senate 
| Updated: 7/31/2025
This bill authorizes the Administrator of the National Aeronautics and Space Administration to conduct a pilot program designed to facilitate both private and public investment in specific infrastructure projects located at the Kennedy Space Center . To support these efforts, the bill establishes an Infrastructure Investment Fund within the Treasury of the United States, specifically designated for NASA's infrastructure investments. The Infrastructure Investment Fund will be financed through assessments included in agreements that support public and commercial activities at the Kennedy Space Center. These collected assessments will be deposited into the Fund and remain available until expended, specifically for capital repairs, maintenance, and improvements to NASA-owned infrastructure at the Center. Such improvements may encompass renovation, construction, and modernization, all of which will remain property of the United States. The Administrator is required to submit an annual report to Congress detailing the Fund's collections, expenditures, and proposed uses, with the authority to collect assessments terminating on December 31, 2035.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 31, 2025
Introduced in Senate
Jul 31, 2025
Read twice and referred to the Committee on Commerce, Science, and Transportation.
  • July 31, 2025
    Introduced in Senate


  • July 31, 2025
    Read twice and referred to the Committee on Commerce, Science, and Transportation.
Ashley Moody

Ashley Moody

Republican Senator

Florida

Commerce, Science, and Transportation Committee

Science, Technology, Communications

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted