Spaceport Designation Backed in House for Space Coast Airport
With officials on the Space Coast searching for private firms to help bridge the gap between the now-retired space shuttle program and rollout of the Space Launch System, a bill designed to expand where space-related incentives can be obtained by the private sector cleared its first hurdle in the state House.
Members of the Economic Development and Tourism Subcommittee on Wednesday backed House Bill 135 sponsored by Rep. Tom Goodson, R-Titusville, which would designate the Space Coast Regional Airport and Industrial Park in Titusville as spaceport territory.
New and expanding businesses involved in aerospace activities within set “spaceports” are eligible for tax exemptions on machinery and equipment.
The Titusville facility would join areas within Patrick Air Force Base, Cape Canaveral Air Force Station, Eglin Air Force Base, Cecil Airport and Cecil Commerce Center among Florida’s spaceports.