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Pilot Program: Investing in Small Domestic Businesses for Advanced Defense Technology.

This law establishes a new public-private partnership program to rapidly scale up advanced defense capabilities. It aims to strengthen the domestic supply chain by incentivizing private equity investment in small, innovative U.S. businesses free from foreign control. The government provides loan guarantees to encourage private capital flow into these critical national security enterprises.
Key points
The government will partner with private investment funds to finance the rapid development of advanced defense technologies domestically.
The program specifically targets small and non-traditional U.S. businesses that must be independent and free from foreign oversight or control.
To encourage investment, the government can offer loan guarantees of up to 80% for equity investments made in these strategic companies.
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Expired
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Additional Information
Print number: 118_S_1463
Sponsor: Sen. Rosen, Jacky [D-NV]
Process start date: 2023-05-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to establish a defense industrial base advanced capabilities pilot program.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1463.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-05-04.

What are the main provisions?

Key points include:

  • The government will partner with private investment funds to finance the rapid development of advanced defense technologies domestically.
  • The program specifically targets small and non-traditional U.S. businesses that must be independent and free from foreign oversight or control.
  • To encourage investment, the government can offer loan guarantees of up to 80% for equity investments made in these strategic companies.
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 2025-12-26.

CATEGORIES

Security Economy Public Investments