Bill 119 HR 2061, also known as the "Information and Communication Technology Supply Chain Economic Competitiveness Act," aims to address the economic competitiveness of the information and communication technology (ICT) supply chain in the United States. The bill requires the Secretary of Commerce, specifically through the Assistant Secretary of Commerce for Communications and Information, to report on and develop a comprehensive strategy involving all branches of the government to enhance the economic competitiveness of the ICT supply chain.
The bill recognizes the importance of the ICT supply chain in driving innovation, economic growth, and national security. It acknowledges the increasing global competition in this sector and the potential risks associated with relying on foreign suppliers for critical technologies. By developing a whole-of-Government strategy, the bill aims to strengthen the domestic ICT supply chain, reduce vulnerabilities, and enhance the United States' position in the global market.
Key provisions of the bill include conducting a thorough assessment of the current state of the ICT supply chain, identifying areas of weakness and potential threats, and developing strategies to address these challenges. The bill also emphasizes the importance of collaboration between government agencies, industry stakeholders, and other partners to achieve the goals outlined in the strategy.
Overall, Bill 119 HR 2061 seeks to promote economic competitiveness, innovation, and national security in the ICT sector by developing a comprehensive strategy to address the challenges facing the supply chain. It underscores the importance of a coordinated and proactive approach to ensure the United States remains a leader in the rapidly evolving ICT industry.