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US Defense Tech Investments: Support for Small Businesses

This act aims to accelerate the development of advanced technologies for national security by incentivizing private capital to invest in small and non-traditional American businesses. Citizens may indirectly benefit from enhanced national security and innovation, potentially leading to new job opportunities in the technology sector.
Key points
Establishes a pilot program, lasting at least five years, to support the development of defense technologies.
Encourages private companies to invest in small, American businesses developing critical technologies.
The government can provide loan guarantees for up to 80% of the raised capital, reducing investor risk.
The goal is to accelerate the deployment of new technologies into the U.S. Armed Forces and maintain technological superiority.
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Expired
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Additional Information
Print number: 117_S_4588
Sponsor: Sen. Rosen, Jacky [D-NV]
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_S_4588.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-07-21.

What are the main provisions?

Key points include:

  • Establishes a pilot program, lasting at least five years, to support the development of defense technologies.
  • Encourages private companies to invest in small, American businesses developing critical technologies.
  • The government can provide loan guarantees for up to 80% of the raised capital, reducing investor risk.
  • The goal is to accelerate the deployment of new technologies into the U.S. Armed Forces and maintain technological superiority.
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 Sen. Rosen, Jacky [D-NV].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Security Public Investments Economy