"Our supply chain crisis needs attending to and we cannot wait,"
Schumer said in a Senate speech announcing that the annual
National Defense Authorization Act, or NDAA, would be amended to
include the U.S. Innovation and Competition Act, or USICA.
The Senate passed USICA with a strong bipartisan vote in June,
but the measure never received a vote in the House of
Representatives. Supporters of the bill have since been working
to find a way to pass it and send it to the White House for
President Joe Biden to sign into law.
Biden is due later on Monday to hold a virtual summit with
Chinese President Xi Jinping.
Reuters reported on Sunday that supporters of USICA were
considering adding its provisions to the NDAA. As one of the few
major pieces of legislation passed every year, the NDAA often
acts as a vehicle for a range of policy issues.
That strategy does not guarantee that USICA will become law, but
it increases the chances for some of its most important
provisions.
The Senate passed USICA by 68-32. The measure would authorize
$190 billion to strengthen U.S. technology and research, and an
additional $54 billion to increase production and research into
semiconductors and telecommunications equipment.
Once the Senate approves its version of the NDAA, Senate and
House negotiators will work on a compromise between the Senate
measure and a version of the bill passed by the House earlier
this year.
That compromise must then pass both the House and Senate before
it can be sent to Biden.
(Reporting by Patricia Zengerle; Editing by Peter Cooney)
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