H.R. 2177 — Invest in Space Now Act of 2001

Summary

Invest in Space Now Act of 2001 - Amends the Internal Revenue Code to allow a credit for the purchase of space transportation vehicle provider stock (as defined by this Act). Sets forth separate credit limitations for large and small capitalization providers, as well as aggregate annual limitations.

Directs the Secretary of Transportation to carry out a United States Commercial Space Transportation Vehicle Industry Authorization Program to provide tax credit eligibility to support qualified commercial space transportation vehicle development startup ventures.

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Legislative Actions

2001-06-14
Introduced in House
2001-06-14
Introduced in House
2001-06-14
Referred to the House Committee on Ways and Means.

Invest in Space Now Act of 2001

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