H.R.6783: American Space Commerce Act of 2020

About This Bill

Bill Sponsor

Bill Cosponsors

3 (1 Democrat, 2 Republicans)

Bill Version

Bill Summary

American Space Commerce Act of 2020 This bill allows a special allowance for bonus depreciation for qualified domestic space launch property and extends the termination of such allowance until the end of 2032. The bill defines qualified domestic space launch property as property placed in service before January 1, 2023, that is (1) a space transportation vehicle or payload that is launched from the United States, or (2) other property or...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.6783.

Bill Actions

Date Description
May 8, 2020
Referred to the House Committee on Ways and Means.
May 8, 2020

Introduced in the House by Bill Posey (R-Fla.)

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