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American Innovation Act: Increased Funding for Science and Technology Research

This act aims to significantly increase funding for basic scientific research and technology programs in the United States over the coming years. Citizens can expect advancements in science, technology, and defense, potentially leading to new jobs, improved products and services, and a stronger national position in global innovation. These investments are also designed to protect key programs from budget cuts.
Key points
Increased funding for the National Science Foundation (NSF), Department of Energy's Office of Science, Department of Defense science and technology programs, National Institute of Standards and Technology, and NASA's Science Mission Directorate.
Funding will grow annually from 2025 to 2034, and then be indexed to inflation (Consumer Price Index) thereafter.
Funds allocated to these programs will be exempt from automatic budget cuts (sequestration), ensuring stability for long-term investments.
The act aims to foster innovation, technological development, and the United States' competitiveness on the international stage.
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Expired
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Additional Information
Print number: 118_HR_7745
Sponsor: Rep. Foster, Bill [D-IL-11]
Process start date: 2024-03-20
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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

American Innovation Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7745.

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 2024-03-20.

What are the main provisions?

Key points include:

  • Increased funding for the National Science Foundation (NSF), Department of Energy's Office of Science, Department of Defense science and technology programs, National Institute of Standards and Technology, and NASA's Science Mission Directorate.
  • Funding will grow annually from 2025 to 2034, and then be indexed to inflation (Consumer Price Index) thereafter.
  • Funds allocated to these programs will be exempt from automatic budget cuts (sequestration), ensuring stability for long-term investments.
  • The act aims to foster innovation, technological development, and the United States' competitiveness on the international stage.
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. Foster, Bill [D-IL-11].

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 2025-12-25.

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Public Investments Economy