PROTECTION OF INFORMATION DEVELOPED UNDER SPACE AGREEMENTS.

SEC. 509. PROTECTION OF INFORMATION DEVELOPED UNDER SPACE AGREEMENTS. Section 303 of the National Aeronautics and Space Act of 1958 (42 U.S.C. 2454) is amended— (1) by inserting “(a)” after “SEC. 303”; (2) by striking “and (B)” and inserting in lieu thereof “(B)”; (3) by inserting “, and (C) information described in sub section (b)” after “national security”; and (4) by adding at the end the following new subsection: “(b) The Administrator, for a period of up to 5 years after the development of information that results from activities conducted under an agreement entered into under section 203(c)(5) and (6) of this Act, and that would be a trade secret or commercial or financial information that is privileged or confidential under the meaning of section 552(b)(4) of title 5, United States Code, if the information had been obtained from a non-Federal party participating in such an agreement, may provide appropriate protections against the dissemination of such information, including exemption from subchapter II of chapter 5 of title 5, United States Code.”.