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A bill to expand the authorities of the Office of Strategic Capital of the Department of Defense.

6/12/2024, 10:56 AM

Summary of Bill S 4496

Bill 118 s 4496, also known as the "Office of Strategic Capital Expansion Act," aims to enhance the capabilities of the Office of Strategic Capital within the Department of Defense. The bill seeks to provide the office with additional authorities to better support the Department of Defense in its strategic planning and resource allocation efforts.

Specifically, the bill proposes to expand the Office of Strategic Capital's authority to conduct research and analysis on emerging technologies and their potential impact on national security. This would enable the office to stay ahead of technological advancements and ensure that the Department of Defense is equipped to address any potential threats.

Additionally, the bill would authorize the Office of Strategic Capital to collaborate with other government agencies, academic institutions, and private sector organizations to leverage their expertise and resources. This would help the office to access a wider range of knowledge and capabilities, ultimately enhancing its ability to support the Department of Defense. Overall, Bill 118 s 4496 aims to strengthen the Office of Strategic Capital within the Department of Defense by providing it with the necessary authorities and resources to effectively support the department in its strategic planning and decision-making processes.

Current Status of Bill S 4496

Bill S 4496 is currently in the status of Bill Introduced since June 11, 2024. Bill S 4496 was introduced during Congress 118 and was introduced to the Senate on June 11, 2024.  Bill S 4496's most recent activity was Read twice and referred to the Committee on Armed Services. as of June 11, 2024

Bipartisan Support of Bill S 4496

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

Policy Area and Potential Impact of Bill S 4496

Primary Policy Focus

Alternate Title(s) of Bill S 4496

A bill to expand the authorities of the Office of Strategic Capital of the Department of Defense.
A bill to expand the authorities of the Office of Strategic Capital of the Department of Defense.

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