November 30, 2015 – On Wednesday, November 25, 2015, President Obama H.R. 2262, the “U.S. Commercial Space Launch Competitiveness Act.” This law amends current law concerning the U.S. commercial human spaceflight industry; extends authority for use of the International Space Station through September 30, 2024; and provides authority to facilitate commercial exploration for and commercial recovery of space resources.
H.R. 2262 represents one of the most significant modernizations of commercial space policy and regulatory legislation since the original Commercial Space Launch Act (CSLA) was enacted in 1984. It represents months of hard work and negotiations among Republicans and Democrats in the House and Senate to harmonize language from the House-passed SPACE Act of 2015 with provisions from S. 1297, the Senate’s commercial space legislation.
Peter H. Diamandis, M.D., Co-Founder and Co-Chairman, Planetary Resources, Inc., said, “A hundred years from now, humanity will look at this period in time as the point in which we were able to establish a permanent foothold in space. In history, there has never been a more rapid rate of progress than right now.”
Specifically, H.R. 2262:
Extends the Federal Aviation Administration’s regulatory learning period through September 30, 2023
Preserves the risk sharing regime that allows American companies to remain internationally competitive through September 30, 2025
Provides a four-year extension of the International Space Station until at least 2024 that gives certainty for ISS National Laboratory users
The House-Senate agreement also includes three additional bills passed out of the House Science Committee:
H.R. 2261, the “Commercial Remote Sensing Act of 2015” introduced by Rep. Jim Bridenstine (R-Okla.)
H.R. 2263, the “Office of Space Commerce Act” introduced by Rep. Dana Rohrabacher (R-Calif.)
H.R. 1508, the “Space Resource Exploration and Utilization Act of 2015” introduced by Rep. Bill Posey (R-Fla.) and Rep. Derek Kilmer (D-Wash.)
Click here to read the bill in its entirety.