Search Results: keywords:"investment oversight"

  • S. 4496 — To expand the authorities of the Office of Strategic Capital of the Department of Defense.
    Status:Introduced in Senate
    Words:1,136

    The bill, known as the "Investing in Our Defense Act of 2024," aims to expand the powers of the Office of Strategic Capital within the Department of Defense. It allows the Office to make minority equity investments, particularly in critical minerals, by amending existing laws. The bill also...

    Simple Explanation

    The bill wants to give the Department of Defense more power to invest in special minerals and important projects by allowing them to do things like owning a small part of companies and charging fees for helping with money, while also making it easier to hire people to get the job done.

  • S. 5012 — To establish an interest-bearing account for the non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program, and for other purposes.
    Status:Introduced in Senate
    Words:922

    S. 5012 aims to create an interest-bearing account for the non-federal contributions to the Lower Colorado River Multi-Species Conservation Program. This account, established within the U.S. Treasury, will collect funds from state contributions and any interest earned on these funds will be...

    Simple Explanation

    This bill is like setting up a special piggy bank to collect money for taking care of plants and animals living by the Colorado River. People will put money in, and it will grow more money all by itself, so there will be enough for any needs, like food and shelter, for the animals and plants.