---
title: "The House just passed a bill about space mining"
description: "Under the SPACE Act, which just passed the House, businesses that do asteroid mining will be able to keep whatever they dig up."
date: "2015-05-24"
modified: "2015-08-13"
authors:
  - name: "Alex Klokus"
    link: "https://futurism.com/authors/alex-klokus"
url: "https://futurism.com/the-house-just-passed-a-bill-about-space-mining"
categories:
  - "Off-World"
  - "Space"
tags:
  - "space"
---

# The House just passed a bill about space mining

![Default Futurism featured image](<https://futurism.com/wp-content/uploads/2025/10/Futurism-Filler-Image.jpg>)

- It states "Any asteroid resources obtained in outer space are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto, consistent with applicable provisions of Federal law."
- By default, the relevant authority could wind up being the Federal Aviation Administration. This potentially gives the nation's aviation regulators a tremendous amount of power over the fledgling private space industry.
- "The bill preserves the FAA’s ability to regulate commercial human spaceflight in order to protect the uninvolved public, national security, public health and safety, safety of property, and foreign policy," the House Science Committee said in a release.

### Author social links  
[LinkedIn](<https://www.linkedin.com/in/alexklokus>)