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New Foundation to Boost US Innovation, Standards, and Economic Competitiveness.

This law establishes the non-profit Foundation for Standards and Metrology within the National Institute of Standards and Technology (NIST). Its mission is to accelerate the development of technical standards and emerging technologies by fostering collaboration between NIST, industry, and academia. The Foundation aims to strengthen the US economy and ensure American products remain innovative and globally competitive.
Key points
Creation of a non-profit Foundation linked to NIST to support research, technical standards development, and technology commercialization.
The Foundation will raise private and public funds to expand research facilities and provide direct support (grants, fellowships) to scientists.
The goal is to enhance US economic security and accelerate innovation, potentially leading to safer, higher-quality products and new job opportunities.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_8673
Sponsor: Rep. Stevens, Haley M. [D-MI-11]
Process start date: 2024-06-07
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expanding Partnerships for Innovation and Competitiveness Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8673.

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 2024-06-07.

What are the main provisions?

Key points include:

  • Creation of a non-profit Foundation linked to NIST to support research, technical standards development, and technology commercialization.
  • The Foundation will raise private and public funds to expand research facilities and provide direct support (grants, fellowships) to scientists.
  • The goal is to enhance US economic security and accelerate innovation, potentially leading to safer, higher-quality products and new job opportunities.
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. Stevens, Haley M. [D-MI-11].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments