LAUNCH LICENSE FLEXIBILITY.

SEC. 104. LAUNCH LICENSE FLEXIBILITY. Section 50906 is amended— (1) in subsection (d)— (A) in the matter preceding paragraph (1), by striking “that will be launched or reentered” and inserting “or reusable launch vehicles that will be launched into a suborbital trajectory or reentered under that permit”; (B) by amending paragraph (1) to read as follows: “(1) research and development to test design concepts, equipment, or operating techniques;” ; and (C) in paragraph (3)— (i) by striking “prior to obtaining a license”; and (ii) by inserting “or vehicle” after “design of the rocket”; (2) in subsection (e)— (A) in paragraph (1), by striking “suborbital rocket design” and inserting “suborbital rocket or suborbital rocket design, or for a particular reusable launch vehicle or reusable launch vehicle design,”; and (B) in paragraph (2), by inserting “or launch vehicle” after “the suborbital rocket”; (3) by amending subsection (g) to read as follows: “(g) The Secretary may issue a permit under this section notwithstanding any license issued under this chapter. The issuance of a license under this chapter may not invalidate a permit issued under this section.” ; and (4) in subsection (h), by inserting “or reusable launch vehicle” after “suborbital rocket”.