United States Innovation and Competition Act information
United States legislation
U.S. Innovation and Competition Act
Long title
To establish a new Directorate for Technology and Innovation in the National Science Foundation, to establish a regional technology hub program, to require a strategy and report on economic security, science, research, innovation, manufacturing, and job creation, to establish a critical supply chain resiliency program, and for other purposes.
Number of co-sponsors
13
Legislative history
Introduced in the Senate as S. 1260 by Chuck Schumer (D–NY) on April 20, 2021
Committee consideration by Senate Commerce
Passed the Senate with amendment on June 8, 2021 (68–32)
The United States Innovation and Competition Act of 2021 (USICA) (S. 1260), formerly known as the Endless Frontier Act, was United States legislation sponsored by Senators Chuck Schumer (D-NY) and Todd Young (R-IN) authorizing $110 billion for basic and advanced technology research over a five-year period. Investment in basic and advanced research, commercialization, and education and training programs in artificial intelligence, semiconductors, quantum computing, advanced communications, biotechnology and advanced energy, amounts to $100 billion. Over $10 billion was authorized for appropriation to designate ten regional technology hubs and create a supply chain crisis-response program.[1] The act is aimed at competing with China[2] and to respond to US fears of an AI Cold War.[3]
A modified version of the bill became law on August 9, 2022, as the CHIPS and Science Act.
^Rattigan, Kathryn M. (April 15, 2021). "The Endless Frontier Act: Shifting the Focus from Defense to Offense". National Law Review, Volume XI, Number 105. Archived from the original on 13 May 2021. Retrieved 13 May 2021.
^Andrew Desiderio (17 May 2021). "Senate advances a rare bipartisan deal on countering China". POLITICO. Archived from the original on 2021-06-10. Retrieved 2021-06-10.
^Ni, Vincent (9 June 2021). "China denounces US Senate's $250bn move to boost tech and manufacturing". The Guardian. Retrieved 5 July 2021.
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