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National Development Strategy: Strengthening US Economy and Security

This act establishes a new national development strategy aimed at strengthening American manufacturing and supply chains. It means increased investments in key industries, job creation, and protection against foreign threats. The goal is to ensure the United States remains a leader in innovation and manufacturing, which can lead to economic stability and product availability for citizens.
Key points
Establishment of a special committee to coordinate investments in key economic sectors, such as manufacturing and technology.
Financial support for projects strengthening national security and economic independence, with a prohibition on cooperation with entities from countries deemed a concern.
Allocation of billions of dollars for investments in innovative technologies and industrial development in the US, potentially creating new jobs.
Introduction of mechanisms to protect intellectual property and prevent its transfer to countries of concern.
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Expired
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Additional Information
Print number: 117_HR_9512
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2022-12-13
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OFFICIAL LEGAL TITLE

National Development Strategy and Coordination Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9512.

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 2022-12-13.

What are the main provisions?

Key points include:

  • Establishment of a special committee to coordinate investments in key economic sectors, such as manufacturing and technology.
  • Financial support for projects strengthening national security and economic independence, with a prohibition on cooperation with entities from countries deemed a concern.
  • Allocation of billions of dollars for investments in innovative technologies and industrial development in the US, potentially creating new jobs.
  • Introduction of mechanisms to protect intellectual property and prevent its transfer to countries of concern.
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. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

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

CATEGORIES

Public Investments Economy Security