(a) Notwithstanding Section 2155.083 or any other law and subject to Subsection (b), the board may authorize the commission to procure, lease, or otherwise secure access to capacity on or through a spacefaring vehicle, platform, or infrastructure, including a rocket, shuttle, spaceplane, satellite, space station, lunar or planetary base, and other orbital, suborbital, or extraterrestrial transport or habitation system, regardless of whether the vehicle, platform, or infrastructure is owned or operated by a governmental, commercial, or private entity.
(b) Before the commission takes a proposed action under Subsection (a), the board must:
(1) determine the proposed action:
(A) promotes or serves a legitimate and clearly defined public purpose;
(B) provides demonstrable value, taking into consideration:
(i) the feasibility and cost-effectiveness of the proposed action;
(ii) alternative approaches to attaining the same or a similar public purpose as the proposed action; and
(iii) potential benefits of the proposed action; and
(C) is subject to appropriate controls and contractual requirements sufficient to protect the interests of the state;
(2) discuss the determinations the board must find under Subdivision (1) in an open meeting held in accordance with Chapter 551; and
(3) by a majority vote of the voting board members present and voting, authorize the action in an open meeting held in accordance with Chapter 551.