Urging Congress to amend the Internal Revenue Code to make spaceports eligible for tax-exempt private activity bonds.

HCR 35 is a Texas concurrent resolution urging Congress to change federal tax law. It requests that spaceports be added to the list of facilities eligible for tax-exempt private activity bonds - currently available for airports, docks, and similar transportation hubs. This would allow spaceport projects in Texas (where the state ranks second nationally in spaceport locations and hosts over 2,000 aerospace businesses) to access lower-cost financing for infrastructure development. The resolution does not change state law but formally asks federal lawmakers to amend the Internal Revenue Code to support this change.