S 1956 · 118th Congress · Commerce

Invent Here, Make Here Act of 2024

Introduced 2023-06-13· Sponsored by Sen. Baldwin, Tammy [D-WI]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Held at the desk.(2024-12-04)

Plain Language Summary

[AI summary unavailable — showing source text] Invent Here, Make Here Act of 2023 This bill (1) modifies the licensing requirements with respect to inventions developed with federal funds, and (2) requires the National Institute of Standards and Technology to coordinate with other agencies to support the domestic development of commercial products based on research conducted by federal agencies. Generally, subject to individual waivers, the licensing for inventions developed with federal funds requires that the manufacture of products embodying or using such inventions occurs substantially in the United States. The bill (1) prohibits waivers of this requirement with respect to countries of concern (North Korea, China, Russia, Iran, or a country determined to be engaged in conduct detrimental to U.S. security), and (2) requires any such waiver to comply with the procedures established by the Made in America Office.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 1956, Invent Here, Make Here Act of 2024

Sep 25, 2024

As reported by the Senate Committee on Commerce, Science, and Transportation on August 1, 2024

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Republican