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S. 5043: American COMPETE Act of 2020

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S. 5043: American COMPETE Act of 2020

116th Congress · introduced 2020-12-17 · Commerce · Latest: Read twice and referred to the Committee on Commerce, Science, and Transportation.

AI-relatedfederal

Follow this bill, step by step

  1. Where it came from: introduced 2020-12-17 · official record
  2. Who proposed it: Sen. Fischer, Deb [R-NE] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Commerce, Science, and Transportation. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

American COMPETE Act of 2020

Plain summary

American Competitiveness Of a More Productive Emerging Tech Economy Act of 2020 or the American COMPETE Act of 2020 This bill requires the Department of Commerce and the Federal Trade Commission to study and submit reports on the state of specified technology industries (e.g., artificial intelligence, quantum computing, blockchain technology, and unmanned delivery services) and the impact of these industries on the U.S. economy.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

American COMPETE Act of 2020

Source: Congressional Research Service summary (Introduced in Senate)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Fischer, Deb [R-NE] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Sen. Fischer, Deb [R-NE] reported raising $976,129 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Artificial intelligence (AI)
Computer systems that do tasks that usually need human judgment, such as recognizing images, understanding language or making predictions. Laws about AI often cover how it is used, tested, disclosed or limited.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-s5043 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116