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Monday, February 11, 2008

Pro-Space Bills Advance in Virginia

Virginia state legislators are advancing measures to boost Virginia's odds of being a player in the commercial space launch effort with passage of the 'ZeroG, ZeroTax' bills states The Roanoke Times today. The comments of State Senator William C. Wampler, Jr., Delegate John Cosgrove, and Delegate Lynwood Lewis, Jr. indicate the growing statewide interest in the fledgling Mid-Atlantic Regional Spaceport [MARS].

Meanwhile, commercial space interests await a decision from NASA on the COTS-II offer, according to The Washington Post. SpaceX CEO Elon Musk plans to ship its Falcon 9 to Cape Canaveral, Florida, by the end of the year and start test flights at an unspecified date.

2 comments:

John Benac said...

So is this bill basically the same that was advanced in the national house of representatives?

JackKennedy said...

The Virginia 'ZeroG, ZeroTax' measure was inspired by the federal legislation; however, it is narrowly crafted to Virginia state income taxes - not federal taxation. Therefore, the benefit is much less than what a federal law would have. Hopefully, passange and enactment of the Virginia measure will serve to inspire the Congress to reconsider the federal measure next year.