Commercial Space Launch Amendments Act of 2004

[AI summary unavailable — showing source text] Commercial Space Launch Amendments Act of 2004 - Amends Federal law concerning commercial space transportation to specify that regulatory authority for such transportation shall be with the Secretary of Transportation, through the Associate Administrator for Commercial Space Transportation. (Current law specifies the Secretary of Transportation.) Makes the provisions of such law applicable to space flight crews and space flight participants. Provides for the issuance of experimental permits (including permits for reusable suborbital rockets) allowing for an unlimited number of launches. Allows the holder of a license or a permit to launch and reenter crews and space flight participants, but only in accordance with regulations and applicable laws. Requires crew and space flight participants to execute reciprocal waivers of claims with licensees and permitees and the Federal government. Makes liability indemnification program requirements inapplicable to space flight participants. Extends, for three years, liability insurance and financial responsibility requirements. Requires the Secretary of Transportation to arrange for a study of how best to gradually eliminate the liability risk…