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US SB2194

Bill

Status

Introduced

6/26/2025

Primary Sponsor

John Cornyn

Click for details

Origin

Senate

119th Congress

AI Summary

  • Establishes the Intelligence Community Technology Bridge Fund in the U.S. Treasury to help transition products and services from research and development to prototype or production phases for intelligence community use

  • Authorizes $75 million annually starting in fiscal year 2026, with a cap of $75 million in the fund at any time; funds remain available until expended

  • Limits assistance to small business concerns and nontraditional defense contractors that already have R&D contracts with an intelligence community element and have attestation that the product addresses a mission need

  • Permits assistance as grants, payments for products/services, or equity payments; administered by the Director of National Intelligence in consultation with intelligence community element heads and entities like DARPA, IARPA, and the Defense Innovation Unit

  • Requires annual reports to congressional intelligence committees by September 30, 2026 and each fiscal year thereafter detailing expenditures, purposes, effects, and transition outcomes

Legislative Description

Intelligence Community Technology Bridge Act of 2025

Armed forces and national security

Last Action

Read twice and referred to the Select Committee on Intelligence.

6/26/2025

Committee Referrals

Select Intelligence6/26/2025

Full Bill Text

No bill text available