What is the official ID of this bill?
The official print number for this legislation is S 257.
Strengthening Supply Chains: US Security and Production
This Act aims to enhance the resilience of critical supply chains in the US, preparing the nation for disruptions like pandemics or natural disasters. It focuses on supporting domestic production and collaborating with allies to ensure continuous access to essential goods and technologies, thereby impacting economic stability and citizen security.
Key points
Boosting domestic production: The Act promotes the growth of US manufacturing for critical goods and technologies, potentially leading to more jobs and product availability.
Protection against disruptions: It establishes mechanisms to identify and respond to supply chain threats, aiming to prevent shortages of goods in stores and industries.
International cooperation: Encourages collaboration with allied nations to diversify supply sources and reduce reliance on high-risk countries.
Confidentiality of business data: Information voluntarily shared by companies with the government to improve supply chains will be protected from public disclosure.
Status:
Passed Senate
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