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 provi-
sions 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. 
Be it enacted by the Senate and House of Representa-
tives 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 AND SMALL 
BUSINESSES STUDY. 
(a) IN GENERAL.— 
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(1) STUDY REQUIRED.—Not later than 2 years 
after the date of the enactment of this Act, the Sec-
retary of Commerce, in coordination with the head 
of any other appropriate Federal agency, shall con-
duct a study on the impact of technology startup 
companies and small businesses on the United 
States economy. 
(2) REQUIREMENTS
FOR
STUDY.—In con-
ducting the study, the Secretary shall do the fol-
lowing: 
(A) Conduct a survey on technology start-
up companies and small businesses in the 
United States through outreach to participating 
entities to— 
(i) establish a list of locations, includ-
ing any State, city, or geographic area, 
dedicated to the creation, development, and 
growth of technology startup companies 
and small businesses; 
(ii) provide a description of the activi-
ties of such locations with respect to the 
creation, development, and growth of tech-
nology startup companies and small busi-
nesses, including any incubators, accelera-
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(iv) identify each Federal rule, regula-
tion, guideline, policy, and other Federal 
activity implemented by each Federal agen-
cy as it relates to any State, city, or geo-
graphic area dedicated to the creation, de-
velopment, and growth of technology start-
up companies and small businesses. 
(C) Conduct an international survey of 
other countries to establish a compendium of at 
least 10 and not more than 15 countries con-
sisting of each country’s approach to innovation 
to determine where the United States ranks re-
garding a regulatory environment that supports 
the creation, development, and growth of tech-
nology startup companies and small businesses. 
(D) Conduct a survey of relevant market-
places and supply chains impacting the cre-
ation, growth, and development of technology 
startup companies and small businesses in the 
United States to— 
(i) assess the severity of risks posed 
to such marketplaces and supply chains; 
(ii) review the ability of foreign gov-
ernments or third parties to exploit such 
supply chains in a manner that raises risks 
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to the economic and national security of 
the United States; and 
(iii) identify emerging risks and long- 
term trends in such marketplaces and sup-
ply chains. 
(b) REPORT
TO
CONGRESS.—Not later than 6 
months after the completion of the study required pursu-
ant to 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 Com-
merce, Science, and Transportation of the Senate a report 
that contains— 
(1) the results of the study conducted under 
subsection (a); and 
(2) recommendations to— 
(A) address any duplicative Federal rule, 
regulation, guideline, policy, and other Federal 
activity acting as a barrier to creation, develop-
ment, and growth of technology startup compa-
nies and small businesses; 
(B) develop and implement a comprehen-
sive plan to promote the creation, development, 
and growth of technology startup companies 
and small businesses; 
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(C) develop policies that States can adopt 
to encourage the creation, development, and 
growth of technology startup companies and 
small businesses in the United States; 
(D) develop strategies to mitigate current 
and emerging risks to relevant marketplaces 
and supply chains impacting the creation, 
growth, and development of technology startup 
companies and small businesses; and 
(E) develop legislation to accomplish such 
recommendations. 
Æ 
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