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S. 3785

BillFederalSenateIn Committee
Commercial Space Jobs and Investment Act of 2010
About This Bill
Committee
Latest Action · September 15, 2010
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
September 15, 2010
Sponsor
Sen. Clarence NelsonD
Cosponsors (1)
0D 1R
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Summary

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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.

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