The resolution emphasizes Texas's significant role in space exploration and innovation, highlighting its historical contributions since the 1960s space race. It notes that Texas is home to NASA's Lyndon B. Johnson Space Center and over 2,000 aerospace establishments, and it underscores the establishment of the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium during the 88th Session of the Texas Legislature. These initiatives aim to enhance Texas's leadership in aerospace activities, particularly as the state ranks second in the nation for spaceport locations, driven by a growing private space sector.

The resolution calls on 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 crucial for encouraging investment in aerospace infrastructure, which would benefit both Texas and the nation, ensuring the U.S. remains competitive in the field of space operations. The resolution requests that official copies be sent to key congressional leaders and members of the Texas delegation to be entered into the Congressional Record.