ENROLLED
2024 Legislature SM 370
2024370er
1
2 A memorial to the Congress of the United States,
3 urging Congress to add spaceports as a qualified tax
4 exempt category of private activity bonds.
5
6 WHEREAS, commercial investment in space and space
7 transportation is driving the requirements for spaceport sites,
8 operating environments, and infrastructure, and
9 WHEREAS, this state has acted decisively to integrate space
10 transportation into the fabric of its statewide strategic
11 intermodal system, and
12 WHEREAS, in 1999, state leaders made a landmark decision to
13 designate space as an official mode of transportation and
14 spaceports as the associated transportation facilities, which
15 gave space standing within the Department of Transportation
16 similar to that of other long-established modes of
17 transportation, such as airports and docks and wharfs, and
18 WHEREAS, space is not simply a program; it is a collection
19 of high-value destinations for freight and people, and these
20 destinations require safe, reliable, and sustainable
21 transportation operating on market-driven schedules, and
22 WHEREAS, in order for this state to become the planet’s
23 premiere transportation hub for global space commerce; to
24 facilitate the logistics and transport of commodities,
25 materials, human crew, and robotic systems to operate facilities
26 in various orbits, at Earth-lunar waypoints, and on the moon;
27 and to become the primary port of entry into Earth’s marketplace
28 for products from space, spaceports should qualify as private
29 activity bonds financing-exempt facilities under the Internal
30 Revenue Code, and
31 WHEREAS, this qualification will encourage more investment
32 in aerospace infrastructure, ensuring that this state remains at
33 the forefront of the space economy, and
34 WHEREAS, in the face of growing competition from China and
35 others, the aggressive development of infrastructure in Florida,
36 the dominant state in the commercial space economy, is key to
37 maintaining the United States’ leadership in space, and
38 WHEREAS, currently, certain parts of operations at airports
39 and docks and wharfs qualify for tax-exempt financing, NOW,
40 THEREFORE,
41
42 Be It Resolved by the Legislature of the State of Florida:
43
44 That the Congress of the United States is urged to add
45 spaceports as a qualified tax-exempt category of private
46 activity bonds.
47 BE IT FURTHER RESOLVED that the Secretary of State dispatch
48 copies of this memorial to the President of the United States,
49 the President of the United States Senate, the Speaker of the
50 United States House of Representatives, and each member of the
51 Florida delegation to the United States Congress.