House Concurrent Resolution No. 35 emphasizes Texas's significant role in space exploration and innovation, highlighting its status as home to NASA's Lyndon B. Johnson Space Center and over 2,000 aerospace establishments. The resolution notes the establishment of the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium during the 88th Session of the Texas Legislature, aimed at enhancing the state's leadership in aerospace activities. It also points out that Texas ranks second in the nation for spaceport locations, driven by commercial investment in space transportation, which necessitates the development of spaceport infrastructure.

The resolution urges the United States Congress to amend the Internal Revenue Code to allow spaceports to qualify for tax-exempt private activity bonds. This change is seen as a way to encourage investment in aerospace infrastructure, which would benefit both Texas and the nation, ensuring the U.S. maintains its competitive edge in space operations. The resolution concludes with a directive for the Texas Secretary of State to send official copies to key congressional leaders, requesting that it be entered into the Congressional Record.