USICA

Congress Begins Marathon of Conferencing Work for Innovation & Competitiveness Package

On May 12, 107 members of the House and Senate comprising the conference committee for U.S. innovation legislation held their first meeting to begin work on reconciling their bills. As previously reported, the House of Representatives passed the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022 (H.R. 4521) in February. The nearly 3,000-page package is comprised of several bills and other provisions related to advancing the U.S. STEM enterprise and shoring up U.S. scientific competitiveness, especially with respect to China. The COMPETES bill is the House’s response to the U.S. Innovation and Competition…

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