Advancing Tech Startups Act
This bill requires the Department of Commerce to study and report on the impact of technology startup companies 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; (2) establishing a list of federal agencies asserting jurisdiction over entities and industry sectors dedicated to technology startup companies; and (3) assessing risks and trends in relevant marketplaces and supply chains that impact technology startup companies 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.
[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5476 Introduced in House (IH)]
<DOC>
117th CONGRESS
1st Session
H. R. 5476
To require the Secretary of Commerce to conduct a study on tech
startups, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 5, 2021
Mr. Johnson of Ohio (for himself, Mr. Rush, and Mr. Phillips)
introduced the following bill; which was referred to the Committee on
Energy and Commerce
_______________________________________________________________________
A BILL
To require the Secretary of Commerce to conduct a study on tech
startups, and for other purposes.
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 ``Advancing Tech Startups Act''.
SEC. 2. TECHNOLOGY STARTUP COMPANIES STUDY.
(a) In General.--
(1) Study required.--Not later than 2 years after the date
of the enactment of this Act, the Secretary of Commerce, in
coordination with the head of any other appropriate Federal
agency, shall conduct a study on the impact of technology
startup companies on the United States economy.
(2) Requirements for study.--In conducting the study, the
Secretary shall do the following:
(A) Develop and conduct a survey on technology
startup companies in the United States through outreach
to participating entities, as appropriate, to--
(i) establish a list of locations,
including any State, city, or geographic area,
dedicated to the creation, development, and
growth of technology startup companies;
(ii) provide a description of the
activities of such locations with respect to
the creation, development, and growth of
technology startup companies, including any
incubators, accelerators, or other activity
dedicated to such creation, development, and
growth;
(iii) establish a list of public-private
partnerships focused on promoting the creation,
development, and growth of technology startup
companies; and
(iv) provide a description of the
activities of such public-private partnerships
to create, develop, and grow technology startup
companies.
(B) Develop a comprehensive list of Federal
agencies asserting jurisdiction over entities and
industry sectors dedicated to the creation,
development, and growth of technology startup
companies.
(C) Identify all interagency activities taking
place among the Federal agencies listed under
subparagraph (B).
(D) Develop a brief description of the jurisdiction
and expertise of the Federal agencies identified under
subparagraph (B).
(E) Identify each Federal rule, regulation,
guideline, policy, and other Federal activity
implemented by each Federal agency under subparagraph
(B) as it relates to any State, city, or geographic
area dedicated to the creation, development, and growth
of technology startup companies.
(F) Conduct a survey of relevant marketplaces and
supply chains impacting the creation, growth, and
development of technology startup companies in the
United States to--
(i) assess the severity of risks posed to
such marketplaces and supply chains; and
(ii) identify emerging risks and long-term
trends in such marketplaces and supply chains.
(b) Report to Congress.--Not later than 6 months after the
completion of the study required pursuant to subsection (a), the
Secretary, in coordination with the head of any other appropriate
Federal agency, shall submit to the Committee on Energy and Commerce of
the House of Representatives and the Committee on Commerce, Science,
and Transportation of the Senate, and make publicly available on their
respective websites, a report that contains--
(1) the results of the study conducted under subsection
(a); and
(2) recommendations to--
(A) develop and implement a comprehensive plan to
promote the creation and growth of technology startup
companies;
(B) develop policies that States can adopt to
encourage the creation and growth of technology startup
companies in the United States;
(C) develop strategies to mitigate current and
emerging risks to relevant marketplaces and supply
chains impacting the creation and growth of technology
startup companies; and
(D) develop legislation to accomplish such
recommendations.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Consumer Protection and Commerce.
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