American Innovation Act

HR 2628, the American Innovation Act, authorizes significant funding increases for federal science and innovation programs through fiscal year 2036. It sets annual funding levels for the National Science Foundation, Department of Energy’s Office of Science, Department of Defense science programs, National Institute of Standards and Technology, and NASA’s Science Mission Directorate, with amounts rising each year and adjusted annually for inflation using the Consumer Price Index. The bill also exempts these appropriations from automatic spending cuts (sequestration) under the Balanced Budget Act. This legislation directly affects federal research agencies by securing long-term funding for scientific development and technological advancement.