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US Defense Tech Investment: Boosting Small Businesses

This act aims to accelerate the development of advanced technologies for national security. It establishes a pilot program encouraging private capital to invest in domestic small and non-traditional businesses developing critical defense technologies. Citizens may indirectly benefit from enhanced national security and the growth of innovative companies.
Key points
The U.S. government will support investments in innovative defense technologies through public-private partnerships.
The program will run for at least five years, focusing on small, domestic technology businesses.
Private investors will receive government loan guarantees, reducing their financial risk.
The goal is to accelerate the deployment of new technologies for the U.S. Armed Forces.
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Additional Information
Print number: 117_HR_8470
Sponsor: Rep. Houlahan, Chrissy [D-PA-6]
Process start date: 2022-07-21
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Investing in American Defense Technologies Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8470.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-21.

What are the main provisions?

Key points include:

  • The U.S. government will support investments in innovative defense technologies through public-private partnerships.
  • The program will run for at least five years, focusing on small, domestic technology businesses.
  • Private investors will receive government loan guarantees, reducing their financial risk.
  • The goal is to accelerate the deployment of new technologies for the U.S. Armed Forces.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Houlahan, Chrissy [D-PA-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Armed Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Security Public Investments Economy