American Innovation Act

The American Innovation Act (S 1276) authorizes multi-year funding for key federal science and technology agencies, including 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. It sets specific annual funding levels from fiscal years 2026 through 2035, with automatic annual increases starting in 2036 based on the Consumer Price Index to adjust for inflation. The bill also exempts these appropriations from automatic budget cuts (sequestration) under the Balanced Budget Act. This funding directly affects the operations and research capabilities of these federal agencies.