Promoting Resilient Supply Chains Act of 2023

6/11/2024, 4:07 PM

Promoting Resilient Supply Chains Act of 2023

This bill requires the Industry and Analysis office of the International Trade Administration of the Department of Commerce to monitor and respond to disruptions in critical industries and supply chains.

Specifically, the office must establish a critical supply chain resiliency program to (1) map, monitor, and model critical supply chains; (2) identify high-priority supply chain gaps and vulnerabilities in critical industries; (3) identify and evaluate the effect of potential supply chain disruptions on U.S. economic security; and (4) collaborate with other governmental bodies and key international partners to identify opportunities to reduce supply chain gaps and vulnerabilities. The office also must establish a unified coordination group to oversee the interagency response to supply chain shocks and the office must designate critical industries, critical supply chains, and critical goods.

Additionally, the office must facilitate the development of guidelines and best practices to reduce the risk of critical supply chain disruption.

The bill includes various program evaluation and reporting requirements.

Congress
118

Number
HR - 6571

Introduced on
2023-12-04

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/16/2024

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

Promoting Resilient Supply Chains Act of 2023

This bill requires the Industry and Analysis office of the International Trade Administration of the Department of Commerce to monitor and respond to disruptions in critical industries and supply chains.

Specifically, the office must establish a critical supply chain resiliency program to (1) map, monitor, and model critical supply chains; (2) identify high-priority supply chain gaps and vulnerabilities in critical industries; (3) identify and evaluate the effect of potential supply chain disruptions on U.S. economic security; and (4) collaborate with other governmental bodies and key international partners to identify opportunities to reduce supply chain gaps and vulnerabilities. The office also must establish a unified coordination group to oversee the interagency response to supply chain shocks and the office must designate critical industries, critical supply chains, and critical goods.

Additionally, the office must facilitate the development of guidelines and best practices to reduce the risk of critical supply chain disruption.

The bill includes various program evaluation and reporting requirements.

Alternative Names
Official Title as IntroducedTo establish a critical supply chain resiliency and crisis response program in the Department of Commerce, and to secure American leadership in deploying emerging technologies, and for other purposes.

Policy Areas
Commerce

Potential Impact
Advanced technology and technological innovations•
Computers and information technology•
Economic development•
Economic performance and conditions•
Intergovernmental relations•
Manufacturing•
Public-private cooperation•
Retail and wholesale trades

Comments

Recent Activity

Latest Summary6/4/2024

Promoting Resilient Supply Chains Act of 2023

This bill requires the Industry and Analysis office of the International Trade Administration of the Department of Commerce to monitor and respond to disruptions in critical indu...


Latest Action5/16/2024
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.