This bill requires the Department of Commerce to study the impact of technology startups on the U.S. economy. It will involve looking at locations dedicated to growing startups, identifying federal agencies involved, and assessing risks and trends in startup-related markets and supply chains. The goal is to provide recommendations to Congress on how to support the creation and growth of technology startups in the United States.
Latest Action
Ordered to be Reported by the Yeas and Nays: 46 - 0.
AI Summary
Plain-English explanation of this bill
This bill requires the Department of Commerce to study the impact of technology startups on the U.S. economy. It will involve looking at locations dedicated to growing startups, identifying federal agencies involved, and assessing risks and trends in startup-related markets and supply chains. The goal is to provide recommendations to Congress on how to support the creation and growth of technology startups in the United States.
Last updated: 12/29/2025
Official Summary
Congressional Research Service summary
<p><b>Advancing Tech Startups Act</b></p> <p>This bill requires the Department of Commerce to study and report on the impact of technology startup companies on the U.S. economy.</p> <p>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.</p> <p>Commerce must report to Congress the results of such study and any recommendations to promote the creation, development, and growth of technology startup companies.</p>
Key Points
Main provisions of the bill
Directs the Department of Commerce to study the economic impact of technology startups in the U.S.
Requires the report to cover the activities of startup hubs, federal agencies involved, and risks/trends in startup-related industries.
Aims to provide recommendations to Congress on promoting the development and growth of technology startups.
How This Impacts Americans
Potential effects on citizens and communities
If passed, this bill would affect technology startups, entrepreneurs, and policymakers. It could lead to new initiatives or policies to support the startup ecosystem and foster innovation and economic growth. The report's findings could inform future legislation and government programs focused on the technology sector.
Policy Areas
Primary Policy Area
Commerce
Related Subjects
Congressional oversight
Government studies and investigations
Homeland security
Intergovernmental relations
Public-private cooperation
Retail and wholesale trades
Small business
Scope & Jurisdiction
Jurisdiction Level
federal
Congressional Session
119th Congress
Citation Reference
5398, 119th Congress (2025). "Pay Our Homeland Defenders Act of 2026". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-5398
