Investing in Our Defense Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4496 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4496 To expand the authorities of the Office of Strategic Capital of the Department of Defense. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 11, 2024 Mr. Romney (for himself and Mrs. Shaheen) introduced the following bill; which was read twice and referred to the Committee on Armed Services _______________________________________________________________________ A BILL To expand the authorities of the Office of Strategic Capital of the Department of Defense. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Investing in Our Defense Act of 2024''. SEC. 2. AUTHORIZATION TO MAKE EQUITY INVESTMENTS. (a) In General.--Section 149 of title 10, United States Code, is amended-- (1) by redesignating subsection (e) as subsection (f); and (2) by inserting after subsection (d) the following new subsection (e): ``(e) Equity Investments.-- ``(1) In general.--Th…