Politiparty
Politiparty

118th Congress Taxation

H.R. 1363: American Space Commerce Act of 2023

Introduced

  1. Introduced (completed)Mar 3, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Mar 3, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Bill Posey R-FL SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Bill Posey

History

  1. Mar 3, 2023Introduced in the House by Bill Posey.
Show the full action history (3 actions)
  1. Dec 17, 2024Referred to the Subcommittee on Trade.
  2. Mar 3, 2023Introduced in House
  3. Mar 3, 2023Referred to the House Committee on Ways and Means.