National Development Strategy and Coordination Act of 2023

12/15/2023, 4:05 PM

National Development Strategy and Coordination Act of 2023

This bill establishes the Interagency Committee for the Coordination of National Development Financing Programs within the Executive Office of the President. The committee must develop a national strategy to (1) address vulnerabilities in the domestic supply chains of critical industries, (2) strengthen U.S. industrial and manufacturing capabilities, and (3) support targeted job growth and economic development.

The bill authorizes the Federal Financing Bank to provide financing assistance to carry out certain directives made by the committee.

Congress
118

Number
S - 99

Introduced on
2023-01-26

# Amendments
0

Sponsors
+5

Variations and Revisions

1/26/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

National Development Strategy and Coordination Act of 2023

This bill establishes the Interagency Committee for the Coordination of National Development Financing Programs within the Executive Office of the President. The committee must develop a national strategy to (1) address vulnerabilities in the domestic supply chains of critical industries, (2) strengthen U.S. industrial and manufacturing capabilities, and (3) support targeted job growth and economic development.

The bill authorizes the Federal Financing Bank to provide financing assistance to carry out certain directives made by the committee.

Alternative Names
Official Title as IntroducedA bill to establish a National Development Strategy, and for other purposes.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary4/13/2023

National Development Strategy and Coordination Act of 2023

This bill establishes the Interagency Committee for the Coordination of National Development Financing Programs within the Executive Office of the President. The committee m...


Latest Action1/26/2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.