I 

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. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Advancing Tech 

5 Startups Act’’. 

6 SEC. 2. TECHNOLOGY STARTUP COMPANIES STUDY. 

7 (a) IN GENERAL.— 

8 (1) STUDY REQUIRED.—Not later than 2 years 

9 after the date of the enactment of this Act, the Sec10 retary of Commerce, in coordination with the head 


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1 of any other appropriate Federal agency, shall con2 duct a study on the impact of technology startup 

3 companies on the United States economy. 

4 (2) REQUIREMENTS FOR STUDY.—In con5 ducting the study, the Secretary shall do the fol6 lowing: 

7 (A) Develop and conduct a survey on tech8 nology startup companies in the United States 

9 through outreach to participating entities, as 

10 appropriate, to— 

11 (i) establish a list of locations, includ12 ing any State, city, or geographic area, 

13 dedicated to the creation, development, and 

14 growth of technology startup companies; 

15 (ii) provide a description of the activi16 ties of such locations with respect to the 

17 creation, development, and growth of tech18 nology startup companies, including any 

19 incubators, accelerators, or other activity 

20 dedicated to such creation, development, 

21 and growth; 

22 (iii) establish a list of public-private 

23 partnerships focused on promoting the cre24 ation, development, and growth of tech25 nology startup companies; and 


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1 (iv) provide a description of the activi2 ties of such public-private partnerships to 

3 create, develop, and grow technology start4 up companies. 

5 (B) Develop a comprehensive list of Fed6 eral agencies asserting jurisdiction over entities 

7 and industry sectors dedicated to the creation, 

8 development, and growth of technology startup 

9 companies. 

10 (C) Identify all interagency activities tak11 ing place among the Federal agencies listed 

12 under subparagraph (B). 

13 (D) Develop a brief description of the ju14 risdiction and expertise of the Federal agencies 

15 listed under subparagraph (B). 

16 (E) Identify each Federal rule, regulation, 

17 guideline, policy, and other Federal activity im18 plemented by each Federal agency listed under 

19 subparagraph (B) as it relates to any State, 

20 city, or geographic area dedicated to the cre21 ation, development, and growth of technology 

22 startup companies. 

23 (F) Conduct a survey of relevant market24 places and supply chains impacting the creVerDate Sep 11 2014 02:46 Sep 13, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H5398.IH H5398

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1 ation, growth, and development of technology 

2 startup companies in the United States to— 

3 (i) assess the severity of risks posed 

4 to such marketplaces and supply chains; 

5 and 

6 (ii) identify emerging risks and long7 term trends in such marketplaces and sup8 ply chains. 

9 (b) REPORT TO CONGRESS.—Not later than 6 

10 months after the completion of the study conducted under 

11 subsection (a), the Secretary, in coordination with the 

12 head of any other appropriate Federal agency, shall sub13 mit to the Committee on Energy and Commerce of the 

14 House of Representatives and the Committee on Com15 merce, Science, and Transportation of the Senate, and 

16 make publicly available on the website of the Department 

17 of Commerce, a report that contains— 

18 (1) the results of the study conducted under 

19 subsection (a); and 

20 (2) recommendations for legislation to provide 

21 for— 

22 (A) the development and implementation of 

23 a comprehensive plan to promote the creation 

24 and growth of technology startup companies in 

25 the United States; 


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1 (B) the development of policies that States 

2 can adopt to encourage the creation and growth 

3 of technology startup companies in the United 

4 States; and 

5 (C) the development of strategies to miti6 gate current and emerging risks to relevant 

7 marketplaces and supply chains impacting the 

8 creation and growth of technology startup com9 panies in the United States. 

Æ 


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