To expand the authorities of the Office of Strategic Capital of the Department of Defense.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To expand the authorities of the Office of Strategic Capital of the Department of Defense., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Defense.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Investing in Our Defense Act of 2024.
- Section idFDB86649274946EC9FC9F809C33C220A: 2. Authorization to make equity investments Section 149 of title 10, United States Code, is amended— by redesignating subsection (e) as subsection (f); and by...
- Section idA969ECF29D0E4362B97B316BBF1FA5AE: 3. Authorization to invest in critical minerals It is the sense of Congress that the Office of Strategic Capital should seek to invest in critical minerals in...
- Section idb03e5874271d4e4aa4622781c031e321: 4. Authorization to collect fees for providing capital investments Section 149 of title 10, United States Code, as amended by section 2, is further amended— by...
- Section idae3224ae3dc946e58d210b1dc29c8be3: 5. Hiring authorities Section 149 of title 10, United States Code, as amended by sections 2 and 4, is further amended— by redesignating subsection (g) as...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To expand the authorities of the Office of Strategic Capital of the Department of Defense., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Defense
Primary Purpose
This bill, To expand the authorities of the Office of Strategic Capital of the Department of Defense., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Romney (for himself and Mrs. Shaheen) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_defense"
- → Secretary of Defense
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology