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Investing in American Defense Technologies Act of 2022
3/13/2024, 3:01 AM
Congressional Summary of S 4588
Investing in American Defense Technologies Act of 2022
This bill requires the Department of Defense (DOD) to implement a five-year pilot program to accelerate the development of advanced technology for national security by creating incentives for trusted private capital to invest in domestic small businesses or nontraditional businesses that are developing technology that DOD considers necessary to support the modernization of DOD and national security priorities. DOD must brief Congress on the implementation and outcomes of the pilot program.
Read the Full Bill
Current Status of Bill S 4588
Bill S 4588 is currently in the status of Bill Introduced since July 21, 2022. Bill S 4588 was introduced during Congress 117 and was introduced to the Senate on July 21, 2022. Bill S 4588's most recent activity was Read twice and referred to the Committee on Armed Services. as of July 21, 2022
Bipartisan Support of Bill S 4588
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4588
Primary Policy Focus
Armed Forces and National SecurityAlternate Title(s) of Bill S 4588
Investing in American Defense Technologies Act of 2022
Investing in American Defense Technologies Act of 2022
A bill to establish a public-private partnership technology investment pilot program.
Comments
Sponsors and Cosponsors of S 4588
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