HB 3447 by Bonnen: Growing Government

HB 3447 seeks to create the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium, which will purportedly provide strategic direction for the state’s space and aerospace investments. With a negative fiscal note of nearly $4 million through the biennium and nearly $2 million every year thereafter, this is a waste of taxpayer money. There is no need for government intervention when there are multiple private companies like SPACE X and Virgin Galactic doing a much better job in the private sector. In a year when homeowners are being crushed by an ever-increasing property tax burden, we should not be growing government in this manner. For this reason, TFR opposes HB 3447.