Safeguarding American Innovation Act
Summary
The Safeguarding American Innovation Act aims to protect U.S. taxpayer-funded research and intellectual property from foreign interference and theft. The bill creates a federal council to oversee grant security and makes it a crime for researchers to intentionally hide foreign funding or provide false information when applying for federal grants. Additionally, it grants the State Department more authority to deny visas to foreign individuals seeking to acquire sensitive American technologies that could threaten national security. For the average citizen, these measures are intended to ensure that U.S. tax dollars support domestic innovation and that American breakthroughs in science and technology remain secure from foreign competitors.
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