S 4324
Restoring Critical Supply Chains and Intellectual Property Act
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- Passed House
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- Became Law
Bill overview
This bill, titled the Restoring Critical Supply Chains and Intellectual Property Act, aims to strengthen U.S. manufacturing and research capabilities. It establishes tax credits and incentives to boost domestic production of personal protective equipment (PPE), semiconductors, and critical minerals. The bill also addresses national security concerns by creating a Federal Research Security Council to protect federally funded research and development grants and prohibits federal grant applications that fail to disclose outside compensation. Furthermore, it includes provisions to safeguard American innovation and semiconductor manufacturing, and addresses the availability and production of critical minerals.
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Primary sponsor
Cosponsors
Richard Burr
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