To require a study of the risk of space debris impacting a metropolitan area, and for other purposes.

HR 5529 requires the Secretary of Commerce to lead a study within 180 days of enactment, consulting NASA, FEMA, and the Defense Department, to assess the risk of space debris impacting metropolitan areas with over 1 million residents within the next 25 years. The study must examine the probability of such impacts, prediction capabilities, warning lead times, evacuation feasibility, federal response coordination, and potential defensive measures. The findings must be reported to six specific congressional committees within 28 months of the bill's enactment. This bill does not create new regulations but mandates a risk assessment to inform future preparedness planning.