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H.R. 6131, Commercial Space Act of 2023 (CBO Report for Congress)

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Congress 118th
Date Requested Nov. 29, 2023
Requested By House Committee on Science, Space, and Technology
Date Sent Sept. 12, 2024
Description:
H.R. 6131, Commercial Space Act of 2023 As ordered reported by the House Committee on Science, Space, and Technology on November 29, 2023 By Fiscal Year, Millions of Dollars20242024-20292024-2034Direct Spending (Outlays)0**Revenues0**Increase or Decrease (-) in the Deficit0**Spending Subject to Appropriation (Outlays)028not estimatedIncreases net direct spending in any of the four consecutive 10-year periods beginning in 2035?NoStatutory pay-as-you-go procedures apply?YesMandate EffectsIncreases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?NoContains intergovernmental mandate?NoContains private-sector mandate?Excluded From UMRA* = between -$500,000 and $500,000.The bill wouldRequire the Department of Commerce, through its Office of Space Commerce, to certify U.S. entities to operate space objectsDirect the Office of Space Commerce and the National Aeronautics and Space Administration (NASA) to enter into cooperative agreements with eligible entities to identify and study space objects and debrisEstimated budgetary effects would mainly stem fromSpending subject to appropriation for the Office of Space Commerce and NASA to implement the bill’s requirementsDecreases in direct spending from fees levied by the Department of TransportationIncreases in revenues from additional collections of civil monetary penalties and certain payments made by U.S. space operators to compensate foreign governments for damage

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