During a meeting at Florida's Kennedy Space Center in February, Pence and other council members recommended the government ease restrictions on private U.S. companies like SpaceX and Blue Origin. The reforms are meant to get businesses moving faster and farther into space.
White House officials say little change is expected until next year, after the new regulations are written and reviewed.
"There are many innovative companies across this nation working hard to build a bright future in space, and our policies should help ensure their success on all fronts," NASA Administrator Jim Bridenstine said in a statement.
Trump's first space policy directive, signed in December, puts the moon ahead of Mars for astronaut visits.
--The Associated Press