Summary of Bill HR 4662
Bill 117 HR 4662, also known as the National Supply Chain Database Act of 2021, is a piece of legislation introduced in the US Congress. The purpose of this bill is to establish a national database that will track and monitor supply chains in the United States. The database will collect information on various aspects of supply chains, including the sourcing of materials, manufacturing processes, transportation methods, and distribution networks.
The goal of the National Supply Chain Database Act is to improve transparency and visibility within supply chains, which will help to identify vulnerabilities and potential disruptions. By having a centralized database, policymakers, businesses, and consumers will have access to real-time information about the flow of goods and services throughout the country.
The bill outlines the creation of a secure and user-friendly platform that will allow for the collection, analysis, and dissemination of supply chain data. It also establishes guidelines for the protection of sensitive information and the sharing of data between government agencies, industry stakeholders, and the public.
Overall, the National Supply Chain Database Act of 2021 aims to enhance the resilience and efficiency of supply chains in the United States by promoting greater transparency and collaboration among key stakeholders. This legislation has the potential to strengthen national security, improve economic competitiveness, and ensure the smooth functioning of critical infrastructure.
Congressional Summary of HR 4662
National Supply Chain Database Act of 2021
This bill requires the National Institute of Standards and Technology to establish and maintain a National Supply Chain Database to assist with minimizing disruptions to the U.S. supply chain through an assessment of U.S. manufacturers' capabilities.