Commercial Space Launch Competitiveness Act of 2015

U.S. Commercial Space Launch Act of 2015
Great Seal of the United States
Other short titlesSpace Resource Exploration and Utilization Act of 2015, Spurring Private Aerospace Competitiveness and Entrepreneurship Act of 2015
Long titleTo facilitate a pro-growth environment for the developing commercial space industry by encouraging private sector investment and creating more stable and predictable regulatory conditions, and for other purposes
NicknamesSPACE Act of 2015
Enacted bythe 114th United States Congress
Effective25 November 2015; 8 years ago (25 November 2015)
Citations
Public lawPub. L. 114–90 (text) (PDF)
Legislative history

The Commercial Space Launch Competitiveness Act, sometimes referred to as the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act of 2015,[2] is an update of the United States Government of its commercial space use, legislated in 2015. The update to US law explicitly allows US citizens and industries to "engage in the commercial exploration and exploitation of space resources" including water and minerals. The right does not extend to extraterrestrial life, so anything that is alive may not be exploited commercially.[3]

  1. ^ Cite error: The named reference jurist20151113 was invoked but never defined (see the help page).
  2. ^ "H.R.2262 - 114th Congress (2015-2016): U.S. Commercial Space Launch Competitiveness Act". congress.gov. 25 November 2015. Retrieved 30 November 2015.
  3. ^ "Space Act of 2015: American companies could soon mine asteroids for profitv". Wired UK. Retrieved 30 November 2015.