[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2194 Introduced in Senate (IS)]
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119th CONGRESS
1st Session
S. 2194
To establish the Intelligence Community Technology Bridge Fund, and for
other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 26 (legislative day, June 24), 2025
Mr. Cornyn (for himself, Mr. Warner, Mr. Kelly, and Mr. Lankford)
introduced the following bill; which was read twice and referred to the
Select Committee on Intelligence
_______________________________________________________________________
A BILL
To establish the Intelligence Community Technology Bridge Fund, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Intelligence Community Technology
Bridge Act of 2025''.
SEC. 2. INTELLIGENCE COMMUNITY TECHNOLOGY BRIDGE FUND.
(a) Definitions.--In this section:
(1) Congressional intelligence committees.--The term
``congressional intelligence committees'' has the meaning given
such term in section 3 of the National Security Act of 1947 (50
U.S.C. 3003).
(2) Intelligence community.--The term ``intelligence
community'' has the meaning given such term in such section.
(3) Nonprofit organization.--The term ``nonprofit
organization'' means an organization that is described in
section 501(c)(3) of the Internal Revenue Code of 1986 and that
is exempt from tax under section 501(a) of such Code.
(b) Establishment of Fund.--There is established in the Treasury of
the United States a fund to be known as the ``Intelligence Community
Technology Bridge Fund'' (in this subsection referred to as the
``Fund'') to assist in the transitioning of products or services from
the research and development phase to the prototype or production
phase.
(c) Contents of Fund.--The Fund shall consist of amounts
appropriated to the Fund, and amounts in the Fund shall remain
available until expended.
(d) Availability and Use of Fund.--
(1) In general.--Subject to paragraph (3), amounts in the
Fund shall be available to the Director of National
Intelligence to make available to the heads of the elements of
the intelligence community to provide assistance to a business
or nonprofit organization that is transitioning a product or
service to the prototype or production phase as a means of
advancing government acquisitions of the product or service.
(2) Types of assistance.--Assistance provided under
paragraph (1) may be distributed as funds in the form of a
grant, a payment for a product or service, or a payment for
equity.
(3) Requirements for funds.--Assistance may be provided
under paragraph (1) to a business or nonprofit organization
that is transitioning a product or service only if--
(A) the business or nonprofit organization is under
contract, agreement, or other engagement with an
element of the intelligence community for research and
development; and
(B) the Director of National Intelligence or the
head of an element of the intelligence community
attests that the product or service will be utilized by
an element of the intelligence community for a mission
need, such as because it would be valuable in
addressing a needed capability, fill or complement a
technology gap, or increase the supplier base or price-
competitiveness for the Federal Government.
(4) Priority for small business concerns and nontraditional
contractors.--In providing assistance under paragraph (1), the
Director shall limit the provision of assistance to small
business concerns (as defined under section 3(a) of the Small
Business Act (15 U.S.C. 632(a))) and nontraditional defense
contractors (as defined in section 3014 of title 10, United
States Code).
(e) Administration of Fund.--
(1) In general.--The Fund shall be administered by the
Director of National Intelligence.
(2) Consultation.--In administering the Fund, the
Director--
(A) shall consult with the heads of the elements of
the intelligence community; and
(B) may consult with the Defense Advanced Research
Projects Agency, Intelligence Advanced Research
Projects Activity, National Laboratories intelligence
community laboratories, the North Atlantic Treaty
Organization Investment Fund, the Defense Innovation
Unit, and such other entities as the Director deems
appropriate.
(f) Annual Reports.--
(1) In general.--Not later than September 30, 2026, and
each fiscal year thereafter, the Director shall submit to the
congressional intelligence committees a report on the Fund.
(2) Contents.--Each report submitted pursuant to paragraph
(1) shall include, for the period covered by the report,
information about the following:
(A) How much was expended or obligated using
amounts from the Fund.
(B) For what the amounts were expended or
obligated.
(C) The effects of such expenditures and
obligations.
(D) A summary of annual transition activities and
outcomes of such activities for the intelligence
community.
(g) Authorization of Appropriations.--
(1) In general.--Subject to paragraph (2), there is
authorized to be appropriated to the Fund $75,000,000 for
fiscal year 2026 and for each fiscal year thereafter.
(2) Limitation.--The amount in the Fund shall not exceed
$75,000,000 at any time.
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