Bill Summary
The National Technology Industrial Base Enhancement Act of 2020 is a bill that seeks to establish a council known as the National Technology Industrial Base Quadrilateral Council. This council will consist of representatives from the National Defense Technology and Industrial Base Council and its equivalent designees from other countries. The purpose of this council is to facilitate cooperation and coordination between the national technology and industrial bases of these countries. The council will meet twice a year to discuss policies and regulations, propose new legislation, and address issues related to security, supply-chain, cybersecurity, foreign investment, research and development, technology control, and acquisition. Additionally, the council will provide a mechanism for resolving disputes that may arise within the national technology and industrial base at a government-to-government level. Overall, this legislation aims to promote seamless integration and collaboration within the national technology and industrial base of the United States and its partner countries.
Possible Impacts
1. The formation of the National Technology Industrial Base Quadrilateral Council may create new job opportunities for individuals working in the technology and industrial sectors.
2. The proposed legislation may increase regulations for foreign direct investment and foreign ownership, making it more difficult for international companies to enter the US market.
3. The National Technology Industrial Base Quadrilateral Council may propose new legislation that affects the management practices of organizations within the national technology and industrial base, potentially leading to changes in operations and employment for individuals working in these industries.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3882 Introduced in Senate (IS)]
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116th CONGRESS
2d Session
S. 3882
To establish the National Technology Industrial Base Quadrilateral
Council.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 3, 2020
Mr. Rounds introduced the following bill; which was read twice and
referred to the Committee on Armed Services
_______________________________________________________________________
A BILL
To establish the National Technology Industrial Base Quadrilateral
Council.
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 ``National Technology Industrial Base
Enhancement Act of 2020''.
SEC. 2. ESTABLISHMENT OF NATIONAL TECHNOLOGY INDUSTRIAL BASE
QUADRILATERAL COUNCIL.
Section 2502 of title 10, United States Code, is amended by adding
at the end the following new subsection:
``(e) National Technology Industrial Base Quadrilateral Council.--
(1) The chairman of the National Defense Technology and Industrial Base
Council shall work with the equivalent designees in the countries that
comprise the national technology industrial base to form the National
Technology Industrial Base Quadrilateral Council.
``(2) The National Technology Industrial Base Quadrilateral Council
shall meet biannually to harmonize respective policies and regulations,
and to propose new legislation that increases the seamless integration
between the persons and organizations comprising the national
technology and industrial base.
``(3) The National Technology Industrial Base Quadrilateral Council
shall--
``(A) address and review issues related to indus- trial
security, supply-chain security, cybersecurity, regulating
foreign direct investment and foreign ownership, control and
influence mitigation, market research, technology assessment,
and research cooperation within public and private research and
development organizations and universities, technology and
export control measures, acquisition processes and oversight,
and management best practices; and
``(B) establish a mechanism for National Technology
Industrial Base Quadrilateral Council members to raise disputes
that arise within the national technology industrial base at a
government-to-government level.''.
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