118 HR 10185 IH: To provide authority to contribute to the NATO Innovation Fund. U.S. House of Representatives 2024-11-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 10185IN THE HOUSE OF REPRESENTATIVESNovember 20, 2024Mr. Larsen of Washington (for himself and Mr. Kim of New Jersey) introduced the following bill; which was referred to the Committee on Armed ServicesA BILLTo provide authority to contribute to the NATO Innovation Fund.

1.

Authority to contribute to innovation fund

Subchapter II of chapter 138 of title 10, United States Code, is amended by adding at the end the following new section:

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Authority to contribute to innovation fund

(a)

Authority To contribute to nato innovation fund

Within amounts authorized by law for such purpose during the 10-year period following the date of the enactment of the National Defense Authorization Act for Fiscal Year 2025, the Secretary of Defense may contribute to the NATO Innovation Fund a total amount of no more than $200,000,000.(b)

Definitions

In this section:(1)The term NATO means the North Atlantic Treaty Organization.(2)The term NATO Innovation Fund means the multi-sovereign, investment venture capital fund of NATO that provides secure investment in dual-use, high-impact technology.

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