A bill to amend the Export Control Reform Act of 2018 to require a competitive market review for applications for a license to export, reexport, or in-country transfer emerging and foundational technologies, and for other purposes.
Sponsored by
Sen. Scott, Rick [R-FL]
ID: S001217
Bill's Journey to Becoming a Law
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Introduced
📍 Current Status
Next: The bill will be reviewed by relevant committees who will debate, amend, and vote on it.
Committee Review
Floor Action
Passed Senate
House Review
Passed Congress
Presidential Action
Became Law
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1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Bill Summary
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💰 Campaign Finance Network
No campaign finance data available for Sen. Scott, Rick [R-FL]
Industry Impact
Which industries are materially affected by specific provisions in this bill. 2 harmed.
- −Semiconductors & Hardwareconfidence 0.90
Section 3(D)(i) requires a competitive market review for licenses to export, reexport, or in-country transfer of technology described in paragraph (1) (emerging and foundational technologies). This could restrict sole licenses for semiconductor technology, imposing potential costs on semiconductor firms seeking exclusive export rights.
- −AI & Cloud Infrastructureconfidence 0.85
Section 3(D)(i) mandates a competitive market review for licenses involving emerging and foundational technologies, which includes AI and cloud infrastructure. This could limit the ability of AI/cloud firms to obtain sole export licenses, creating a potential cost.
Who funds the sponsor on these industries
For each industry this bill affects, here's what the sponsor (Sen. Scott, Rick [R-FL])received from donors associated with that industry during the 2022–present cycles. Donations are not proof of intent — they are a record of who funds the people writing the law.
Industries this bill HARMS
- from 1 contribution
- LEE, EDWARD$20