Space Ready Act

This bill lets NASA test a new way to fix and upgrade buildings and equipment at the Kennedy Space Center. It creates a special fund to pay for repairs, maintenance, and improvements like renovations, new construction, and modernizing old facilities. The money comes from small fees added to agreements NASA makes with companies and others doing work at the space center. These fees go into the fund and can be spent as needed. Any improvements paid for by the fund stay owned by the United States. NASA must also send a yearly report showing how much money came in, how much was spent, what’s left, and what they plan to use it for. The power to collect these fees ends on December 31, 2035.

In short, this aims to keep the space center in good shape so it can support more research, launches, and commercial activity. It could mean better facilities, more reliable operations, and more local jobs tied to construction and maintenance at Kennedy.

• Who is affected: NASA, companies and partners working at Kennedy Space Center, and nearby workers and communities.
• What changes: A pilot program to attract investment, a new fund to pay for infrastructure, fees added to certain agreements, yearly public reporting.
• When: First report due within 180 days after the bill becomes law, then every year; fee-collecting authority ends December 31, 2035.