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Senate committee backs study panel, $1 million appropriation to explore Utah spaceport potential

2145257 · January 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Senate Transportation committee voted unanimously to send 1st Substitute Senate Bill 62 — creating a Spaceport Exploration Committee and appropriating $1,000,000 from the Industrial Assistance Fund to GOEO — to the full Senate with a favorable recommendation.

Senator Stevenson, sponsor of the bill, told the Senate Transportation, Public Utilities, Energy and Technology Standing Committee that the 1st substitute to Senate Bill 62 increases the appropriation for a spaceport exploration committee to $1,000,000 and directs how the money would be distributed.

The committee voted unanimously to adopt the substitute and to send the bill to the Senate floor with a favorable recommendation.

Senator Stevenson said the substitute "appropriates $1,000,000 instead of" the earlier amount and later explained, "We take $1,000,000 but we're not taking the money out of the General fund. The money would come out of the industrial assistance fund to fund this committee. It would…

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