119-s2622

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2622 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 2622

 To authorize the Administrator of the National Aeronautics and Space 
 Administration to conduct a pilot program for investment in 
 infrastructure projects at the Kennedy Space Center and to establish 
 the Infrastructure Investment Fund, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 July 31, 2025

 Mrs. Moody introduced the following bill; which was read twice and 
 referred to the Committee on Commerce, Science, and Transportation

_______________________________________________________________________

 A BILL

 To authorize the Administrator of the National Aeronautics and Space 
 Administration to conduct a pilot program for investment in 
 infrastructure projects at the Kennedy Space Center and to establish 
 the Infrastructure Investment Fund, and for other purposes.

 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 ``Space Ready Act''.

SEC. 2. DEFINITIONS.

 In this Act:

    (1) Administration.--The term ``Administration'' means the 
 National Aeronautics and Space Administration.

    (2) Administrator.--The term ``Administrator'' means the 
 Administrator of the National Aeronautics and Space 
 Administration.

    (3) NASA.--The term ``NASA'' means the National Aeronautics 
 and Space Administration.

SEC. 3. PILOT PROGRAM FOR INFRASTRUCTURE INVESTMENTS AT KENNEDY SPACE 
 CENTER AND ESTABLISHMENT OF INFRASTRUCTURE INVESTMENT 
 FUND.

    (a) Pilot Program.--The Administrator may conduct a pilot program 
for private and public investment in specific infrastructure projects 
at the Kennedy Space Center.

    (b) Infrastructure Investment Fund.--

    (1) Establishment.--There is established in the Treasury of 
 the United States a fund, to be known as the ``Infrastructure 
 Investment Fund'' (referred to in this subsection as the 
 ``Fund''), for infrastructure investments of the National 
 Aeronautics and Space Administration.

    (2) Funding.--
        (A) Infrastructure assessments.--The Administrator 
 may include in agreements entered into under 

section 20113

    (e) of title 51, United States Code, involving 
 transactions that support public and commercial 
 activities at the Kennedy Space Center, an assessment 
 to fund specific capital repair, maintenance, and 
 improvement projects described in paragraph

    (3) .
        (B) Deposits.--Each assessment collected under 
 subparagraph
        (A) shall be deposited into the Fund and 
 shall remain available until expended.

    (3) Use of funds.--
        (A) In general.--Amounts deposited in the Fund 
 shall be used by the Administrator to conduct capital 
 repairs, maintenance, and improvements to NASA-owned 
 infrastructure at the Kennedy Space Center, as the 
 Administrator considers necessary to support activities 
 conducted under agreements entered into under 

section 20113

    (e) of title 51, United States Code, which may 
 include renovation, rehabilitation, sustainment, 
 demolition, construction, operation, maintenance, 
 repair, enhancement, expansion, and modernization of 
 NASA-owned infrastructure at the Kennedy Space Center.
        (B) Treatment of improvements.--Improvements made 
 to NASA-owned infrastructure at the Kennedy Space 
 Center with amounts from the Fund shall be property of 
 the United States.

    (4) Annual report.--Not later than 180 days after the date 
 of the enactment of this Act, and annually thereafter, the 
 Administrator shall submit to the Committee on Commerce, 
 Science, and Transportation of the Senate and the Committee on 
 Science, Space, and Technology of the House of Representatives 
 a report on the Fund that includes the following:
        (A) For the preceding calendar year--
            (i) the total amount collected and 
 deposited into the Fund under paragraph

    (2) ; 
 and
            (ii) the total expenditures made from the 
 Fund.
        (B) The amount in the Fund as of the date on which 
 the report is submitted.
            (C) The proposed uses of amounts in the Fund for 
 the operating plans of the Administration.

    (5) Termination.--
        (A) In general.--The authority to collect 
 assessments under paragraph

    (2)
        (A) shall terminate on 
 December 31, 2035.
        (B) Rule of construction.--The expiration under 
 subparagraph
        (A) of the authority to collect 
 assessments may not be construed to otherwise affect 
 the validity or terms of agreements under 

section 20113

    (e) of title 51, United States Code, or the 
 retention or use by the Administration of proceeds from 
 such agreements.
 <all>