Sec. 482.302.  SPACE EXPLORATION AND AERONAUTICS RESEARCH FUND; GRANTS.  (a)  Using money available in the fund, the commission may provide grants to eligible entities described by Subsection (b) for the purposes of:
(1)  development of emerging technologies required for any aspect of human space flight;
(2)  research involving any aspect of space exploration and space flight;
(3)  workforce training to promote space exploration and space flight;
(4)  curation of post-mission materials involved in space exploration and space flight; and
(5)  development of infrastructure useful or necessary for the establishment or maintenance of a spaceport.
(b)  The following entities are eligible for a grant made under this subchapter:
(1)  a business or nonprofit entity involved in the space exploration, research, or aeronautics industry; and
(2)  a governmental entity with which the commission has entered into an intergovernmental agreement for that purpose.
(c)  The board shall comply with the provisions of this chapter in developing the procedures for administration and approval of grants through the fund.
(d)  The commission shall provide written notification to the Legislative Budget Board not later than the 30th day after the date a grant award is made from the fund.
Added by Acts 2023, 88th Leg., R.S., Ch. 856 (H.B. 3447), Sec. 1, eff. September 1, 2023.