June 21, 2022

President Biden Signs 3 Bills Led by Rep. Neguse Into Law

All three bills focus on strengthening American supply chains, small businesses, and cybersecurity.

Washington, D.C. — Today, President Biden signed Congressman Joe Neguse’s Bankruptcy Threshold Adjustment and Technical Corrections Act and State and Local Government Cybersecurity Act of 2021 into law. This comes just days after the Supply Chain Security Training Act, the Congressman’s proposal to revise best practices for supply chain risk management, was signed by the President.

With the signing of these bills, Congressman Neguse has now enacted 12 laws in the 117th Congress—superseding his record-breaking precedent in the 116th Congress when 9 laws were enacted, leading him to be named the 2nd most effective lawmaker of that Congress

“The three bills that President Biden has signed into law will implement innovative solutions to some of the most pressing challenges that our country faces. The Bankruptcy Threshold Adjustment and Technical Corrections Act will provide much-needed relief for small business owners and local entrepreneurs, and our other two bills, the State and Local Government Cybersecurity Act and the Supply Chain Security Training Act will enact common-sense measures to secure our supply chains from cyber-attacks and equip state and local governments with essential resources to keep our communities safe.” said Congressman Neguse. “I am grateful to my colleagues for their strong support of all three bills and to President Biden for ensuring their swift signage into law.”

All three proposals received strong bipartisan, bicameral, and community support. They were crafted to mitigate strains on the domestic workforce in light of the Coronavirus pandemic and to thwart other global challenges. 

Additional details about each can be found below: 

The Bankruptcy Threshold Adjustment and Technical Corrections Act allows small businesses to restructure debts in light of economic hardships associated with the Coronavirus pandemic and for other purposes. The bill extends the debt limit for two years for small businesses electing to file for bankruptcy under subchapter V of Chapter 11 at $7.5 million and increases the debt limit for individual Chapter 13 filings to $2.75 million. Learn more about this piece of legislation, here. This bill was co-led by Congressman Ben Cline (R-VA) in the House and carried by U.S. Senators Grassley (R-IA) and Durbin (D-IL) in the Senate. 

The State and Local Government Cybersecurity Act fosters cybersecurity coordination between the Department of Homeland Security and state and local actors. It also encourages the National Cybersecurity and Communications Integration Center to share vital security tools and protocols with state, local, tribal, and territorial governments. State and local governments increasingly find themselves targeted by high-profile cyber-attacks, costing taxpayers millions of dollars and threatening the data privacy of millions of Americans. This bill was carried by Senators Peters (D-MI) and Senator Rob Portman (R-OH) in the U.S. Senate. 

The Supply Chain Security Training Act creates a standardized training program for federal employees whose responsibilities include purchasing services and equipment so that they can better identify whether those products could compromise the federal government's information security. The bill was crafted after several breaches to the federal government’s information system solidified the importance of domestically sourcing technological supply chains. This bill was carried by Senators Gary Peters (D-MI) and Ron Johnson (R-WI) in the U.S. Senate.

Learn more about both the State and Local Government Cybersecurity Act and the Supply Chain Security Training Act, here

Background

Other laws previously enacted by Congressman Neguse in the 117th Congress include the PRICE Act—legislation to ensure Colorado’s small businesses have an equal opportunity to participate in federal contractingand proposals to formally authorize the Joint Chiefs Landscape Restoration Partnership—an effective and popular forest restoration program—extend the Secure Rural Schools Program to support Colorado’s mountain communities, strengthen our cybersecurity workforce and extend military travel allowances to support grieving families traveling to funerals

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