I 

117TH CONGRESS 

1ST SESSION H. R. 3708 

To require the Secretary of Commerce to conduct a study on tech startups, 

and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 4, 2021 

Mr. JOHNSON of Ohio introduced the following bill; which was referred to the 

Committee on Energy and Commerce, and in addition to the Committees 

on Small Business, and Foreign Affairs, for a period to be subsequently 

determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

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 AND SMALL 

7 BUSINESSES STUDY. 

8 (a) IN GENERAL.— 


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

2 after the date of the enactment of this Act, the Sec3 retary of Commerce, in coordination with the head 

4 of any other appropriate Federal agency, shall con5 duct a study on the impact of technology startup 

6 companies and small businesses on the United 

7 States economy. 

8 (2) REQUIREMENTS FOR STUDY.—In con9 ducting the study, the Secretary shall do the fol10 lowing: 

11 (A) Conduct a survey on technology start12 up companies and small businesses in the 

13 United States through outreach to participating 

14 entities to— 

15 (i) establish a list of locations, includ16 ing any State, city, or geographic area, 

17 dedicated to the creation, development, and 

18 growth of technology startup companies 

19 and small businesses; 

20 (ii) provide a description of the activi21 ties of such locations with respect to the 

22 creation, development, and growth of tech23 nology startup companies and small busi24 nesses, including any incubators, acceleraVerDate Sep 11 2014 04:54 Jun 26, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3708.IH H3708

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1 tors, or other activity dedicated to such 

2 creation, development, and growth; 

3 (iii) establish a list of public-private 

4 partnerships focused on promoting the cre5 ation, development, and growth of tech6 nology startup companies and small busi7 nesses; and 

8 (iv) provide a description of the activi9 ties of such public-private partnerships to 

10 create, develop, and grow technology start11 up companies and small businesses. 

12 (B) Conduct a survey of Federal activity 

13 related to innovation to— 

14 (i) establish a comprehensive list of 

15 Federal agencies asserting jurisdiction over 

16 entities and industry sectors dedicated to 

17 the creation, development, and growth of 

18 technology startup companies and small 

19 businesses; 

20 (ii) identify all interagency activities 

21 related to such activities; 

22 (iii) develop a brief description of the 

23 jurisdiction and expertise of the Federal 

24 agencies identified under clause (i); and 


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1 (iv) identify each Federal rule, regula2 tion, guideline, policy, and other Federal 

3 activity implemented by each Federal agen4 cy as it relates to any State, city, or geo5 graphic area dedicated to the creation, de6 velopment, and growth of technology start7 up companies and small businesses. 

8 (C) Conduct an international survey of 

9 other countries to establish a compendium of at 

10 least 10 and not more than 15 countries con11 sisting of each country’s approach to innovation 

12 to determine where the United States ranks re13 garding a regulatory environment that supports 

14 the creation, development, and growth of tech15 nology startup companies and small businesses. 

16 (D) Conduct a survey of relevant market17 places and supply chains impacting the cre18 ation, growth, and development of technology 

19 startup companies and small businesses in the 

20 United States to— 

21 (i) assess the severity of risks posed 

22 to such marketplaces and supply chains; 

23 (ii) review the ability of foreign gov24 ernments or third parties to exploit such 

25 supply chains in a manner that raises risks 


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1 to the economic and national security of 

2 the United States; and 

3 (iii) identify emerging risks and long4 term trends in such marketplaces and sup5 ply chains. 

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

7 months after the completion of the study required pursu8 ant to subsection (a), the Secretary, in coordination with 

9 the head of any other appropriate Federal agency, shall 

10 submit to the Committee on Energy and Commerce of the 

11 House of Representatives and the Committee on Com12 merce, Science, and Transportation of the Senate a report 

13 that contains— 

14 (1) the results of the study conducted under 

15 subsection (a); and 

16 (2) recommendations to— 

17 (A) address any duplicative Federal rule, 

18 regulation, guideline, policy, and other Federal 

19 activity acting as a barrier to creation, develop20 ment, and growth of technology startup compa21 nies and small businesses; 

22 (B) develop and implement a comprehen23 sive plan to promote the creation, development, 

24 and growth of technology startup companies 

25 and small businesses; 


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1 (C) develop policies that States can adopt 

2 to encourage the creation, development, and 

3 growth of technology startup companies and 

4 small businesses in the United States; 

5 (D) develop strategies to mitigate current 

6 and emerging risks to relevant marketplaces 

7 and supply chains impacting the creation, 

8 growth, and development of technology startup 

9 companies and small businesses; and 

10 (E) develop legislation to accomplish such 

11 recommendations. 

Æ 


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