Bill 119 s 99, also known as the "Supply Chain Resilience and Manufacturing Innovation Act," is a proposed piece of legislation that aims to enhance the effectiveness, efficiency, and impact of Department of Commerce programs related to supply chain resilience and manufacturing and industrial innovation.
The bill mandates that the Secretary of Commerce must produce a comprehensive report that includes recommendations on how to improve these programs. The report will focus on strategies to strengthen supply chains, promote innovation in manufacturing and industrial sectors, and enhance the overall resilience of the US economy.
The goal of the bill is to ensure that the Department of Commerce is equipped to address the challenges and opportunities facing American businesses in an increasingly globalized and competitive market. By providing actionable recommendations, the legislation seeks to support the growth and success of US industries, while also safeguarding against potential disruptions in the supply chain.
In addition to these primary objectives, the bill also includes provisions for other purposes that are not specified in the summary. Overall, Bill 119 s 99 represents a bipartisan effort to bolster the competitiveness and resilience of American businesses through targeted policy recommendations and strategic planning.