HR 3873 United States House · 118th Congress

Ocean Regional Opportunity and Innovation Act of 2023

HR 3873 establishes "Ocean Innovation Clusters" in coastal and Great Lakes regions to foster collaboration among businesses, academic institutions, and government entities for sustainable ocean-related industries (the "Blue Economy"). The bill designates at least seven clusters, prioritizing those serving diverse, underserved communities and promoting economic resilience in areas like fishing, tourism, and renewable energy. It authorizes $50 million annually (2024-2029) for grants to support cluster operations and build physical collaboration centers focused on workforce development, sustainable seafood supply chains, and ocean energy innovation. These clusters aim to create jobs and support small businesses through shared resources, partnerships, and targeted economic growth initiatives.

Bill status in committee 1 of 4 stages cleared

Introduction

Jun 2023

Committee Review

Floor Vote

President

Introduced Jun 6, 2023 Last action Jun 7, 2023

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Full legislative history

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Committee

Jun 7, 2023

Committee

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

lower

Jun 6, 2023

Committee

Referred to the Committee on Natural Resources, and in addition to the Committees on Transportation and Infrastructure, Science, Space, and Technology, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Jun 6, 2023

Introduced

Introduced in House

lower

1 primary · 15 co-sponsors