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Faster Tech Acquisition for Intelligence: Fund and Talent Exchange Expansion.

This law aims to accelerate the U.S. Intelligence Community's access to cutting-edge technologies like AI and cybersecurity. It establishes a dedicated $75 million annual fund to help small businesses and non-profits transition their innovative products from research to government production. Furthermore, it streamlines the process for intelligence agencies to hire private sector experts and extends the duration of public-private talent exchange programs up to five years.
Key points
Establishes the Intelligence Community Technology Bridge Fund (up to $75M annually) to finance the transition of innovative products from R&D to operational use by intelligence agencies.
Allows intelligence agencies to bypass standard competitive bidding procedures when acquiring critical technology from companies that have successfully completed specific R&D programs.
Extends the duration of public-private talent exchange programs from 3 to 5 years, focusing on experts in AI, cybersecurity, and finance.
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Additional Information
Print number: 118_S_4366
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2024-05-16
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

ENABLE IC Acquisitions Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4366.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-05-16.

What are the main provisions?

Key points include:

  • Establishes the Intelligence Community Technology Bridge Fund (up to $75M annually) to finance the transition of innovative products from R&D to operational use by intelligence agencies.
  • Allows intelligence agencies to bypass standard competitive bidding procedures when acquiring critical technology from companies that have successfully completed specific R&D programs.
  • Extends the duration of public-private talent exchange programs from 3 to 5 years, focusing on experts in AI, cybersecurity, and finance.
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. Cornyn, John [R-TX].

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.

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