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S 4588 117th Congress Senate Armed Forces and National Security

Investing in American Defense Technologies Act of 2022

Introduced: July 21, 2022 Introduced by: Rosen, Jacky Democratic · Nevada See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 21, 2022
Introduced in Senate
Jul 21, 2022
Read twice and referred to the Committee on Armed Services.
 Plain-English summary Congressional Research Service

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.

What's happening now July 21, 2022

Read twice and referred to the Committee on Armed Services.

 Committees of jurisdiction 1