A bill to amend the Internal Revenue Code of 1986 to encourage investment in commercial spaceflight facilities and equipment, research, and job training, and for other purposes.
Commercial Space Jobs and Investment Act of 2010 - Amends the Internal Revenue Code to allow: (1) a tax credit for 20% of the equity investment in a domestic corporation or partnership the principal trade or business of which is the commercial development of space and which is located in a Commercial Space Enterprise Zone; (2) an increased tax credit for commercial space research expenses; (3) an additional depreciation allowance for qualified commercial space property; and (4) a business-related tax credit for commercial space education and job training expenses.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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