National Development Strategy and Coordination Act of 2022

United States117th CongressS-5246Senate
Latest legislative activity: Dec 13, 2022

Summary

Official Summary

National Development Strategy and Coordination Act of 2022

This bill establishes the Interagency Committee for the Coordination of National Development Financing Programs within the Executive Office of the President. The committee must develop a national strategy to (1) address vulnerabilities in the domestic supply chains of critical industries, (2) strengthen U.S. industrial and manufacturing capabilities, and (3) support targeted job growth and economic development.

The bill authorizes the Federal Financing Bank to provide financing assistance to carry out certain directives made by the committee.

Bill texts

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Introduced (Senate)View official text

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Timeline

Latest companion bill action

HR-9512: National Development Strategy and Coordination Act of 2022

Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, 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.

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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