Directs specified agencies to take actions to remediate orbital debris, which are human-made space objects no longer in use.
Requires the Department of Commerce to publish and periodically update a list of orbital debris that may be remediated.
Mandates NASA to establish a demonstration program for developing technologies to remediate identified orbital debris and conduct related research and development activities.
Allows NASA and other relevant agencies to contract for remediation services to support commercial availability.
Requires the National Space Council to update the Orbital Debris Mitigation Standard Practices within 90 days of enactment, addressing satellite constellations, collision risks, and disposal of space systems.
Mandates the development of standard practices for coordinating on-orbit space traffic, with promotion for their adoption by federal departments for space missions.
Emphasizes the need for international cooperation in mitigating and remediating orbital debris.
Authorizes appropriations for the demonstration project and outlines procedures for competitive awards to eligible entities for technology development.
Establishes criteria for evaluating proposals for demonstration missions and requires regular reporting to Congress on progress and recommendations for improvements.