House passes revisions to space law

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The competition heats up: The House yesterday passed a major revision to the 2004 space law in an effort to encourage commercial private development in space.

Most of the revisions were requested by the industry itself, and generally eased government interference. As usual, the opposition came from Democrats who wished to maintain as much power for government as possible.

The bill still needs to be approved by the Senate and signed by the President. The Obama administration has expressed “concerns” but has also not opposed the bill.

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