S. 3823 is a bill proposed in the United States Senate to amend the Internal Revenue Code of 1986. The bill aims to treat spaceports the same way as airports when it comes to the rules about certain tax-exempt facility bonds. This change would mean that spaceports could...
Simple Explanation
S. 3823 is a plan to help places where rockets are launched, called spaceports, get the same money-saving tools that airports do, making it easier for them to grow. It also gives special rules about what counts as a spaceport and how they rent land.