House Concurrent Resolution No. 35 emphasizes Texas's significant role in space exploration and innovation since the 1960s, highlighting its status as a leader in the aerospace sector with over 2,000 aerospace establishments and the presence of NASA's Lyndon B. Johnson Space Center. The resolution notes the establishment of the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium, which aim to enhance the state's involvement in space operations. It also points out that Texas ranks second in the nation for spaceport locations, driven by commercial investment in space transportation.

The resolution urges the United States Congress to amend the Internal Revenue Code to make spaceports eligible 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 request for official copies to be forwarded to key congressional leaders and members of the Texas delegation for inclusion in the Congressional Record.