S. 1483 · 118th Congress
SPACE Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RubioSponsor5 cosponsors · 5 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Space Protection of American Command and Enterprise Act or the SPACE Act
What it does: CRS summary · Introduced in Senate · May 9, 2023
Space Protection of American Command and Enterprise Act or the SPACE Act
This bill prohibits the purchase of certain telecommunications or aerospace equipment and services from China and requires reporting on investment by foreign entities in U.S. space companies.
The National Space Council shall submit a specified report to Congress on space investment competition from China and Russia.
No funds made available to the Department of Commerce or the National Aeronautics and Space Administration (NASA) may be used to purchase or lease telecommunications or aerospace goods or services from any telecommunications or aerospace corporation, subsidiary, or affiliate associated with China or the Communist Party of China.
The bill requires foreign entities to submit certain reports to the Securities and Exchange Commission if they acquire more than 2% of shares in a U.S. space company.
The Department of Defense, in coordination with Commerce and the Department of the Treasury, shall submit annual reports to Congress on investment by foreign entities in activities conducted in the United States or conducted by U.S. entities related to exploration, manufacturing, telecommunications, or national security activities involving space.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SPACE Act
Also known as: Space Protection of American Command and Enterprise Act
Latest action (May 9, 2023): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Science, Technology, Communications · Origin: Senate · Introduced: May 9, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.