MATE Improvement Act

Hozzl · 2024-01-06T10:45:15Z

Explore the details of Senate Bill 3550 MATE Improvement Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

1/6/2024, 10:45 AM

Summary of Bill S 3550

The MATE Improvement Act, also known as Bill 118 s 3550, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to improve the effectiveness and efficiency of the MATE program, which stands for the Manufacturing, Agriculture, and Technology for Exportability program.

The MATE program is designed to help American businesses in the manufacturing, agriculture, and technology sectors expand their export capabilities and reach new markets overseas. The MATE Improvement Act aims to streamline the application process for businesses seeking assistance through the program, as well as provide additional resources and support to help them succeed in the global marketplace.

Some key provisions of the MATE Improvement Act include increasing funding for the program, expanding eligibility criteria to include more businesses, and establishing a mentorship program to connect new participants with experienced exporters. The bill also calls for regular evaluations of the program's effectiveness and impact, in order to ensure that taxpayer dollars are being used efficiently. Overall, the MATE Improvement Act seeks to strengthen American businesses in key industries and promote economic growth through increased exports. Supporters of the bill argue that it will help create jobs, boost the economy, and enhance the competitiveness of US businesses in the global market. Critics, however, may raise concerns about the cost of expanding the program and the potential for government intervention in the private sector. As the MATE Improvement Act makes its way through the legislative process, it will be important for lawmakers to carefully consider the potential benefits and drawbacks of the proposed changes, in order to make informed decisions about the future of the MATE program.

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Current Status of Bill S 3550

Bill S 3550 is currently in the status of Bill Introduced since December 14, 2023. Bill S 3550 was introduced during Congress 118 and was introduced to the Senate on December 14, 2023. Bill S 3550's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of December 14, 2023

Bipartisan Support of Bill S 3550

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3550

Primary Policy Focus

Alternate Title(s) of Bill S 3550

MATE Improvement ActMATE Improvement ActMedication Access and Training Expansion Improvement ActA bill to clarify training requirements for prescribers of controlled substances.

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Sponsors and Cosponsors of S 3550

Michael F. Bennet

Colorado(Democrat)

Susan M. Collins

Maine(Republican)

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