A bill has been introduced in the House to provide tax credits for private investment in space transportation.

I don’t know whether or not this will actually become law, or even if it should.

I’ve got mixed feelings about about it. I’m all in favor of things that encourage investment in this area, but I hate the idea of further mucking up an already-complicated tax code, and I’m afraid that it may result in some things getting funded that aren’t necessarily viable, just for the tax credit, which won’t help the credibility of the industry. I don’t want it to become another hothouse plant like solar energy.

I also wonder how reasonable the process will be to determine whether or not company qualifies.