This legislation amends the Research and Development, Competition, and Innovation Act, directing the National Institute of Standards and Technology (NIST) to actively advance principles of openness , transparency , due process , appeals , and consensus in international standards development. It mandates NIST to promote voluntary consensus standards , which are developed through a private sector-led process and are considered vital for the U.S. standardization system and global market access. The bill further requires NIST to strengthen unique U.S. public-private partnerships to advance national interests in standards development, recognizing their importance for economic competitiveness. Additionally, it calls for coordination among Federal agencies to support private sector stakeholders in developing standards for emerging technologies . This comprehensive approach aims to solidify the United States' position in the global standards landscape.