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Keep Innovation in America Act
12/15/2023, 3:55 PM
Summary of Bill HR 1414
The Keep Innovation in America Act, also known as Bill 118 hr 1414, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote and protect innovation in the United States by preventing the outsourcing of research and development jobs to other countries.
The bill includes provisions that would require federal agencies to prioritize American companies when awarding research and development contracts. It also aims to increase funding for research and development programs within the United States, with a focus on emerging technologies such as artificial intelligence, biotechnology, and clean energy.
Additionally, the Keep Innovation in America Act seeks to strengthen intellectual property protections for American companies, making it easier for them to protect their innovations and prevent them from being stolen or copied by foreign competitors. Overall, this bill is designed to support and encourage innovation within the United States, with the ultimate goal of maintaining America's position as a global leader in technology and research.
The bill includes provisions that would require federal agencies to prioritize American companies when awarding research and development contracts. It also aims to increase funding for research and development programs within the United States, with a focus on emerging technologies such as artificial intelligence, biotechnology, and clean energy.
Additionally, the Keep Innovation in America Act seeks to strengthen intellectual property protections for American companies, making it easier for them to protect their innovations and prevent them from being stolen or copied by foreign competitors. Overall, this bill is designed to support and encourage innovation within the United States, with the ultimate goal of maintaining America's position as a global leader in technology and research.
Current Status of Bill HR 1414
Bill HR 1414 is currently in the status of Bill Introduced since March 7, 2023. Bill HR 1414 was introduced during Congress 118 and was introduced to the House on March 7, 2023. Bill HR 1414's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 7, 2023
Bipartisan Support of Bill HR 1414
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1414
Primary Policy Focus
TaxationComments
Sponsors and Cosponsors of HR 1414
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