Stricken language would be deleted from and underlined language would be added to present law.
Act 477 of the Regular Session
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State of Arkansas As Engrossed: H3/1/23 S3/7/23 1
94th General Assembly A Bill 2
Regular Session, 2023 HOUSE BILL 1499 3
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By: Representative Pilkington 5
By: Senator J. Boyd 6
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For An Act To Be Entitled 8
AN ACT TO EXECUTE A FEASIBILITY STUDY ON THE 9
DEVELOPMENT OF AN AR KANSAS SPACEPORT; AN D FOR OTHER 10
PURPOSES. 11
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Subtitle 14
TO EXECUTE A FEASIBILITY STUDY ON THE 15
DEVELOPMENT OF AN ARKANSAS SPACEPORT. 16
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 19
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SECTION 1. DO NOT CODIFY. TEMPORARY LANGUAGE. 21
(a) As used in this section, "spaceport" means an installation and 22
related facilities utilized for the takeoff, landing, retrieval, servic ing, 23
and monitoring of vehicles capable of entering space. 24
(b) The Arkansas Economic Development Commission shall: 25
(1) Conduct a study to determine the feasibility of developing a 26
spaceport in Arkansas; or 27
(2) Hire or engage a third party to condu ct a study to determine 28
the feasibility of developing a spaceport in Arkansas. 29
(c) The feasibility study shall include an assessment of: 30
(1) The spaceport recommendations included in the final report 31
issued by the Arkansas Council on Future Mobility i n December 2022; 32
(2) The potential market for a spaceport, including without 33
limitation: 34
(A) Analysis of the demand and interest in developing a 35
spaceport; and 36 As Engrossed: H3/1/2 3 S3/7/23 HB1499
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(B) Proposed locations for a spaceport; 2
(3) Organization and technological requ irements, including 3
without limitation: 4
(A) A study of qualifications needed to operate a 5
spaceport; 6
(B) Special technology and equipment needed for startup 7
and maintenance; 8
(C) Workforce requirements; and 9
(D) Necessary financial investing in the aerospace 10
industry; and 11
(4) Financial and economic analysis, including without 12
limitation: 13
(A) An assessment of startup costs and operating costs; 14
(B) The potential revenue projections; 15
(C) The possible funding sources; and 16
(D) The likely potential economic impact on the state. 17
(d) If funding is available, the feasibility study shall be completed 18
no later than January 1, 2024. 19
(e) After completion of the feasibility study, the commission shall 20
submit a feasibility report and the commission's recommendations concerning 21
concerning the development of a spaceport in Arkansas to the: 22
(A) Governor; 23
(B) Arkansas Department of Transportation; and 24
(C) Legislative Council. 25
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/s/Pilkington 27
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APPROVED: BECAME LAW ON 4/4/23 WITHOUT THE GOVERNOR'S SIGNATURE. 30
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