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Securing America’s Titanium Manufacturing Act of 2024

4/10/2024, 12:26 PM

Summary of Bill S 4015

Bill 118 s 4015, also known as the Securing America’s Titanium Manufacturing Act of 2024, aims to strengthen the United States' domestic titanium manufacturing industry. The bill recognizes the importance of titanium in various industries, including aerospace, defense, and medical technology, and seeks to reduce the country's reliance on foreign sources for this critical material.

The legislation includes provisions to support research and development efforts in titanium manufacturing, as well as to provide funding for the expansion of domestic production facilities. It also calls for the establishment of a national strategy to promote the growth of the titanium industry and ensure its long-term sustainability.

Additionally, the bill includes measures to enhance workforce training and education programs in the field of titanium manufacturing, in order to ensure that the United States has a skilled workforce capable of meeting the demands of the industry. Overall, the Securing America’s Titanium Manufacturing Act of 2024 is aimed at bolstering the United States' position as a global leader in titanium production, and reducing the country's dependence on foreign sources for this critical material.

Current Status of Bill S 4015

Bill S 4015 is currently in the status of Bill Introduced since March 21, 2024. Bill S 4015 was introduced during Congress 118 and was introduced to the Senate on March 21, 2024.  Bill S 4015's most recent activity was Read twice and referred to the Committee on Finance. as of March 21, 2024

Bipartisan Support of Bill S 4015

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
2
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4015

Primary Policy Focus

Alternate Title(s) of Bill S 4015

Securing America’s Titanium Manufacturing Act of 2024
Securing America’s Titanium Manufacturing Act of 2024
A bill to temporarily suspend duties on imports of titanium sponge, and for other purposes.

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