Advancing Tech Startups Act

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5398 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 5398

    To require the Secretary of Commerce to conduct a study on tech 
                   startups, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 12, 2023

   Mr. Johnson of Ohio (for himself 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 listed under 
                subparagraph (B).
                    (E) Identify each Federal rule, regulation, 
                guideline, policy, and other Federal activity 
                implemented by each Federal agency listed 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 conducted under 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 the 
website of the Department of Commerce, a report that contains--
            (1) the results of the study conducted under subsection 
        (a); and
            (2) recommendations for legislation to provide for--
                    (A) the development and implementation of a 
                comprehensive plan to promote the creation and growth 
                of technology startup companies in the United States;
                    (B) the development of policies that States can 
                adopt to encourage the creation and growth of 
                technology startup companies in the United States; and
                    (C) the development of strategies to mitigate 
                current and emerging risks to relevant marketplaces and 
                supply chains impacting the creation and growth of 
                technology startup companies in the United States.
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