Secure U.S. Leadership in Space Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1560 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1560 To amend the Internal Revenue Code of 1986 to treat spaceports like airports for purposes of exempt facility bond rules. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 1, 2025 Mrs. Moody (for herself and Mr. Lujan) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to treat spaceports like airports for purposes of exempt facility bond rules. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Secure U.S. Leadership in Space Act of 2025''. SEC. 2. SPACEPORTS ARE TREATED LIKE AIRPORTS UNDER EXEMPT FACILITY BOND RULES. (a) In General.--Section 142(a)(1) of the Internal Revenue Code of 1986 is amended to read as follows: ``(1) airports and spaceports,''. (b) Treatment of Ground Leases.--…