United States Innovation and Competition Act

U.S. Innovation and Competition Act
Long title	To establish a new Directorate for Technology and Innovation in the National Science Foundation, to establish a regional technology hub program, to require a strategy and report on economic security, science, research, innovation, manufacturing, and job creation, to establish a critical supply chain resiliency program, and for other purposes.
Number of co-sponsors	13
Legislative history
	Introduced in the Senate as S. 1260 by Chuck Schumer (D–NY) on April 20, 2021; Committee consideration by Senate Commerce; Passed the Senate with amendment on June 8, 2021 (68–32);

The United States Innovation and Competition Act of 2021 (USICA) (S. 1260), formerly known as the Endless Frontier Act, was United States legislation sponsored by Senators Chuck Schumer (D-NY) and Todd Young (R-IN) authorizing $110 billion for basic and advanced technology research over a five-year period. Investment in basic and advanced research, commercialization, and education and training programs in artificial intelligence, semiconductors, quantum computing, advanced communications, biotechnology and advanced energy, amounts to $100 billion. Over $10 billion was authorized for appropriation to designate ten regional technology hubs and create a supply chain crisis-response program.^[1] The act is aimed at competing with China^[2] and to respond to US fears of an AI Cold War.^[3]

A modified version of the bill became law on August 9, 2022, as the CHIPS and Science Act.

^ Rattigan, Kathryn M. (April 15, 2021). "The Endless Frontier Act: Shifting the Focus from Defense to Offense". National Law Review, Volume XI, Number 105. Archived from the original on 13 May 2021. Retrieved 13 May 2021.
^ Andrew Desiderio (17 May 2021). "Senate advances a rare bipartisan deal on countering China". POLITICO. Archived from the original on 2021-06-10. Retrieved 2021-06-10.
^ Ni, Vincent (9 June 2021). "China denounces US Senate's $250bn move to boost tech and manufacturing". The Guardian. Retrieved 5 July 2021.

[nlr-1] Rattigan, Kathryn M. (April 15, 2021). "The Endless Frontier Act: Shifting the Focus from Defense to Offense". National Law Review, Volume XI, Number 105. Archived from the original on 13 May 2021. Retrieved 13 May 2021.

[2] Andrew Desiderio (17 May 2021). "Senate advances a rare bipartisan deal on countering China". POLITICO. Archived from the original on 2021-06-10. Retrieved 2021-06-10.

[3] Ni, Vincent (9 June 2021). "China denounces US Senate's $250bn move to boost tech and manufacturing". The Guardian. Retrieved 5 July 2021.

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