Frank Wolf Space Security Act
Frank Wolf Space Security Act
Plain Language Summary
# Frank Wolf Space Security Act Summary **What the Bill Does:** The Frank Wolf Space Security Act would restrict commercial space activities and technology sharing with China and other countries the U.S. government designates as security concerns. The bill aims to protect American space technology and prevent sensitive aerospace information from being transferred to foreign competitors, particularly in Asia. **Who It Affects:** This legislation would primarily impact American space companies, satellite manufacturers, and aerospace contractors that currently conduct international business or collaborate with foreign partners. It could also affect researchers and academic institutions involved in space-related projects.
Foreign companies seeking to do business in the U.S. space sector would face new restrictions. **Key Provisions:** While specific details depend on the bill's language, space security bills of this type typically include provisions controlling the export of spacecraft technology, restricting foreign investment in U.S. space companies, and limiting collaboration on space projects with countries deemed security risks. The bill is named after former Congressman Frank Wolf, who was a longtime advocate for using space policy as a national security tool. **Current Status:** As of now, HR 4360 remains in committee and has not been voted on by the full House of Representatives, meaning it has not advanced to become law.
Latest Action
Referred to the House Committee on Science, Space, and Technology.