There’s been new legislation introduced in the House a couple days ago, that amends the Commercial Space Launch Act. It appears to supercede HR 3245, introduced last fall, which I analyzed at the time.
I haven’t had the time to analyze it in detail, and I’d like to talk to some of the people involved in drafting it before I pontificate, but one major change seems to be a new way of allowing people to fly, by letting them get a permit for research and experimentation, without requiring a full launch license. I think that it’s meant to be analogous to an experimental aircraft certificate, and it’s probably to address Burt Rutan’s chafing under the licensing regime.
I’ve long advocated something like this, and it will be interesting to see if it makes it through the legislative process unscathed (and if it gets vetted by Foggy Bottom, which may be concerned that the process isn’t rigorous enough to keep us compliant with the Outer Space Treaty). There are other implications of this legislation as well, but further discussion will have to await my finding enough time to dig into it.
[Update on Saturday morning]
XCOR seems pleased with the legislation.