Sec. 889. ASSESSMENT AND ENHANCEMENT OF NATIONAL SECURITY INNOVATION BASE

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## SEC. 889 ASSESSMENT AND ENHANCEMENT OF NATIONAL SECURITY INNOVATION BASE ###

(a)In General The Secretary of Defense shall assess the economic forces and structures shaping the capacity of the national security innovation base, and develop policies to address such forces and structures. ###

(b)Elements The assessment required under subsection

(a)shall review the following matters as they pertain to the innovative and manufacturing capacity of the national security innovation base: ####

(1)A detailed description of the entities comprising the national security innovation base and how they currently interact. ####

(2)Competition and antitrust policy. ####

(3)Immigration policy, including the policies germane to the attraction and retention of skilled immigrants. ####

(4)Education funding and policy. ####

(5)Demand stabilization and social safety net policies. ####

(6)The structure and incentives of financial markets and the effects of such on the access of businesses to credit. ####

(7)Trade policy, including export control policy and trade remedies. ####

(8)The tax code and its effect on investment, including the Federal research and development tax credit. ####

(9)Regulatory policy, including with respect to land use, environmental impact, and construction and manufacturing activities. ####

(10)Economic and manufacturing infrastructure. ####

(11)Intellectual property policy. ####

(12)Federally funded investments in the economy, including investments in research and development and advanced manufacturing. ####

(13)Federally funded purchases of goods and services. ####

(14)Federally funded investments to expand domestic manufacturing capabilities. ####

(15)Coordination and collaboration with allies and partners. ####

(16)Measures to protect technological advantages over adversaries and to counteract hostile or destabilizing activity by adversaries. ####

(17)Other matters as the Secretary of Defense deems appropriate. ###

(c)Engagement With Certain Entities In conducting the assessment required under subsection (a), the Secretary of Defense shall engage through appropriate mechanisms with— ####

(1)the Defense Science Board; ####

(2)the Defense Innovation Board; ####

(3)the Defense Business Board; ####

(4)entities representing industry interests; and ####

(5)entities representing labor interests. ###

(d)Submission of Assessment Not later than March 1, 2022, the Secretary of Defense shall submit to the President, the Director of the Office of Management and Budget, the Assistant to the President for National Security Affairs, the Director of the National Economic Council, and the congressional defense committees the assessment required under subsection (a), together with recommendations and any additional views of the Secretary.