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This is a hearing before the Subcommittee on Space and Aeronautics of the Committee on Science, U.S. House of Representatives, during the One Hundred Fourth Congress, Second Session, held on July 31, 1996, regarding the "Space Commercialization Promotion Act of 1996." The hearing examines the role of government in fostering the commercialization of space, specifically focusing on legislative measures to promote private sector investment and innovation in the aerospace industry. Testimonies and discussions cover a range of topics, including regulatory frameworks, incentives for commercial space ventures, and the potential economic benefits of expanding space-based activities. This document provides valuable insights into the legislative considerations and policy debates surrounding space commercialization during the mid-1990s, offering a historical perspective on the evolving relationship between government and the private sector in the exploration and utilization of space. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of