summary
Introduced
05/19/2020
05/19/2020
In Committee
05/19/2020
05/19/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To require the Secretary of Commerce to conduct a study on tech startups, and for other purposes. This bill requires the Department of Commerce to study and report on the impact of technology startup companies and small businesses on the U.S. economy. Such study shall involve, among other things, (1) describing the activities of identified locations that are dedicated to the creation, development, and growth of technology startup companies and small businesses; (2) establishing a list of federal agencies asserting jurisdiction over entities and industry sectors dedicated to technology startup companies and small businesses; and (3) assessing risks and trends in relevant marketplaces and supply chains that impact technology startup companies and small businesses in the United States. Commerce must report to Congress the results of such study and any recommendations to promote the creation, development, and growth of technology startup companies and small businesses.
AI Summary
This bill requires the Department of Commerce to conduct a comprehensive study on the impact of technology startup companies and small businesses on the U.S. economy. The study will involve surveying the activities of locations dedicated to the creation, development, and growth of tech startups and small businesses, establishing a list of federal agencies with jurisdiction over these entities, assessing risks and trends in relevant marketplaces and supply chains, and comparing the U.S. regulatory environment to that of other countries. The Department of Commerce must then report the study's findings and recommendations to Congress, including ways to address any duplicative or burdensome federal regulations, develop a plan to promote tech startups and small businesses, and mitigate risks to relevant markets and supply chains.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Small Business, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 05/19/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/6940/all-info |
| BillText | https://www.congress.gov/116/bills/hr6940/BILLS-116hr6940ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr6940/BILLS-116hr6940ih.pdf.pdf |
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