On the recordApril 24, 2018
Mr. Speaker, I rise to speak in favor of H.R. 2809, the American Space Commerce Free Enterprise Act. The American Space Commerce Free Enterprise Act is a commonsense bipartisan bill that streamlines the regulatory processes, limits burdensome government intrusion, promotes American innovation and investment, protects national security, and satisfies our international obligations. One of the fundamental drivers for this legislation has been that innovative American companies are pushing the boundaries. And when the Senate ratified the Outer Space Treaty 50 years ago, free enterprise in outer space was an idea but was not reality. Today, not only does U.S. free enterprise exist in outer space, but it is innovating at an unprecedented pace. From astroid mining to private Moon missions, to satellite servicing, to remote sensing constellations, there is great promise that American enterprise will soon unlock new wealth and scientific benefits. But this promise is threatened; threatened by expansive, unchecked regulatory authority, cumbersome non-transparent regulatory processes, and misperceptions about the United States' Outer Space Treaty obligations. For several years, we have heard concerns from stakeholders that they need greater regulatory certainty to attract investment and to succeed. Stakeholders also reported that while they want to stay in America, due to regulatory burdens and uncertainty, they might need to go overseas.…





