Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB5411

Caption

National Quantum Initiative Reauthorization Act of 2024

Impact

The proposed legislation impacts a variety of state laws and federal programs by encouraging the integration of quantum technology into various sectors, including healthcare and cybersecurity. It mandates the development of international quantum cooperation strategies, fosters innovation through funding initiatives, and aims to create a robust workforce pipeline to support the burgeoning quantum industries. By advancing research capacity and promoting participation from small and medium-sized enterprises, the bill seeks to create a comprehensive ecosystem that supports quantum science at all levels of education and research.

Summary

SB5411, formally known as the National Quantum Initiative Reauthorization Act of 2024, aims to reauthorize and enhance the National Quantum Initiative Act, emphasizing advancements in quantum information science, engineering, and technology. This bill focuses on increasing funding to promote research and development in quantum capabilities, establishing a coordinated national effort to nurture a skilled workforce, and ensuring the United States remains competitive in the rapidly evolving quantum landscape. The bill lays out a framework for collaboration among federal agencies and with international partners to strengthen quantum networks critical for national competitiveness and security.

Contention

Notable points of contention surrounding SB5411 include concerns over the allocation of federal funding, particularly regarding whether sufficient resources will be made available to underrepresented groups and institutions in quantum science. Additionally, some stakeholders worry about the potential for enhanced regulations that may arise from increased government involvement in quantum technology sectors. Opponents highlight that while fostering innovation is essential, oversight and regulatory frameworks must be balanced to prevent stifling growth within the industry.

Companion Bills

No companion bills found.

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