Commercial Space Launch Competitiveness Act of 2015

U.S. Commercial Space Launch Act of 2015
Other short titles	Space Resource Exploration and Utilization Act of 2015, Spurring Private Aerospace Competitiveness and Entrepreneurship Act of 2015
Long title	To facilitate a pro-growth environment for the developing commercial space industry by encouraging private sector investment and creating more stable and predictable regulatory conditions, and for other purposes
Nicknames	SPACE Act of 2015
Enacted by	the 114th United States Congress
Effective	25 November 2015
Citations
Public law	Pub. L.Tooltip Public Law (United States) 114–90 (text) (PDF)
Legislative history
	Introduced in the House as H.R. 2262 by Kevin McCarthy (R-CA) on May 12, 2015; Committee consideration by House Science, Space, and Technology, Senate Commerce, Science, and Transportation; Passed the House on May 21, 2015 (284–133); Passed the Senate on November 11, 2015 (unanimous consent) with amendment; House agreed to Senate amendment on November 16, 2015 (voice vote); Signed into law by President Barack Obama on November 25, 2015;

The Commercial Space Launch Competitiveness Act, sometimes referred to as the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act of 2015, is an update of the United States Government of its commercial space use, legislated in 2015. The update to US law explicitly allows US citizens and industries to "engage in the commercial exploration and exploitation of space resources" including water and minerals. The right does not extend to extraterrestrial life, so anything that is alive may not be exploited commercially.

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