Senator Ashley Moody announced that her “Secure U.S. Leadership in Space Act” has officially become law, marking a significant legislative victory for Florida and reinforcing the state’s role as a hub for space innovation.
The law, which Moody introduced in May, ensures that spaceports will now be treated the same as airports and seaports under federal tax law, making spaceport facility bonds tax-exempt. Supporters say this change will level the playing field, encourage private investment, and accelerate the development of space infrastructure.
“It is of vital importance both to our national security interests and economic success that the United States remains the leader in the space industry,” said Moody during a celebratory event on Florida’s Space Coast. “In this modern-day space race, it is imperative that the U.S. remain ahead of the People’s Republic of China, and this law is a critical step to ensure our space program has the resources and support it needs.”
Industry leaders and local economic officials praised the measure as a transformative policy shift.
Rob Long, president and CEO of Space Florida, said, “This is a long-overdue policy change that will bring more private capital investment into the development of space infrastructure, reduce costs, and accelerate the growth of a more competitive, resilient, and innovative aerospace economy.”
Lynda Weatherman, president and CEO of the Economic Development Commission of Florida’s Space Coast, added, “This forward-looking legislation will unlock critical funding for space as a recognized mode of transportation; spurring investment in infrastructure to bolster and strengthen America’s leadership.”
P. Barry Butler, president of Embry-Riddle Aeronautical University, also applauded the bill’s passage. “This bipartisan bill will strengthen America’s position in space innovation by fostering public-private partnerships and supporting investment in Florida’s space industry,” he said.
The legislation comes amid a surge in private and public space activity on Florida’s Space Coast, as the U.S. continues to compete globally in space exploration and aerospace development.
