Global Technology Leadership Act

The Global Technology Leadership Act (S 1873) establishes a new federal Office of Global Competition Analysis to assess U.S. competitiveness in technology and innovation sectors critical to national security and economic prosperity. The office will analyze data on U.S. policies, research ecosystems, supply chains, and technology trends relative to strategic competitors (like China), while soliciting input from private sector and academic partners. It requires federal agencies to share relevant data (with privacy and security safeguards) and mandates annual congressional reports detailing the office’s work and funding. The bill authorizes $20 million for fiscal year 2024 to support these activities, focusing on concrete policy analysis rather than direct regulatory changes.