TIMED Act of 2024

12/19/2024, 9:05 AM

Summary of Bill HR 8849

The TIMED Act of 2024, also known as Bill 118 hr 8849, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to establish a new program called the Technology and Innovation for Manufacturing, Engineering, and Design (TIMED) program. This program aims to support and promote innovation in the manufacturing, engineering, and design sectors in the United States.

The TIMED Act of 2024 proposes to allocate funding for research and development projects that focus on advancing technology and innovation in these industries. The bill also includes provisions for grants and other forms of financial assistance to help businesses and organizations in these sectors implement new technologies and processes.

Additionally, the TIMED Act of 2024 seeks to establish partnerships between government agencies, academic institutions, and private sector companies to collaborate on research and development initiatives. This collaborative approach is intended to foster innovation and drive economic growth in the manufacturing, engineering, and design sectors. Overall, the TIMED Act of 2024 is aimed at promoting technological advancement and innovation in key industries to ensure the United States remains competitive in the global marketplace. The bill is currently under review in Congress, and its passage could have significant implications for the future of manufacturing, engineering, and design in the country.

Current Status of Bill HR 8849

Bill HR 8849 is currently in the status of Bill Introduced since June 26, 2024. Bill HR 8849 was introduced during Congress 118 and was introduced to the House on June 26, 2024.  Bill HR 8849's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024

Bipartisan Support of Bill HR 8849

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8849

Primary Policy Focus

Health

Alternate Title(s) of Bill HR 8849

To amend title XVIII of the Social Security Act to improve the national and local coverage determination processes under the Medicare program.To amend title XVIII of the Social Security Act to improve the national and local coverage determination processes under the Medicare program.
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