"I have to admit that when Mr. Rohrabacher first came forward with the idea for this bill, I thought the notion was a little, well, flighty. But through our hearings and other work on the bill, I have come to see this as one of the most important measures this Committee will move this year. "
....
' "H.R. 3752 is precisely the kind of legislation Congress should enact in order to give investors like me confidence that our space tourism ventures will be regulated in a fair and streamlined manner. I hope the Senate takes up this bill soon and sends it on to President Bush for his signature.," stated Dennis Tito'

This is great. This increases the chance we will get a X-prize winner before the end of the year [before the prize expires].

Also NASA is getting going with using prizes:
"Rather than obtain innovative equipment the old-fashioned way--by purchasing it--NASA plans to send America to the moon, Mars and beyond on technological breakthroughs resulting from a series of contests with cash prizes."
http://www.govexec.com/dailyfed/0304/030304bd1.htm
{Link from NASAWatch- http://www.nasawatch.com/ ]