S 1956 · 118th Congress · Commerce
Invent Here, Make Here Act of 2024
Bill Progress
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Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Held at the desk.(2024-12-04)
Plain Language Summary
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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 OfficeS. 1956, Invent Here, Make Here Act of 2024
Sep 25, 2024As 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