A new fund holds the fees, and 70 percent is spendable at once
What the document says“70 percent of the amounts deposited into the fund shall be available for such purposes and shall be available without further appropriation and without fiscal year limitation.”
The section sets up a separate account in the Treasury called the Office of Commercial Space Transportation Launch and Reentry Licensing and Permitting Fund, for the expenses of the Office of Commercial Space Transportation of the Federal Aviation Administration and to carry out section 630(b) of the FAA Reauthorization Act of 2024. Seventy percent of what is paid into the fund is available for those purposes without further appropriation and without fiscal year limitation.
What the document actually says“70 percent of the amounts deposited into the fund shall be available for such purposes and shall be available without further appropriation and without fiscal year limitation.”
Seven tenths of the money in the fund may be spent at once. It does not need a fresh grant from Congress. It is not tied to one budget year.
The fund is a new account in the Treasury. It pays for the office that licenses launches. The other three tenths are not made spendable this way.
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