#GENIUSActPass The GENIUS Act, also known as the "Guarding Economic National Interest Under Security" Act, aims to regulate the use of Chinese-made drones and other foreign-made unmanned aircraft systems (UAS) in the United States.
Key Provisions:
1. *Drone Registration*: Requires registration of all drones weighing more than 0.55 pounds with the Federal Aviation Administration (FAA).
2. *Security Risk Assessment*: Mandates a security risk assessment for all foreign-made drones, including those from China.
3. *Ban on Chinese Drones*: Prohibits the use of Chinese-made drones for critical infrastructure inspections, such as those related to energy, transportation, and water treatment.
4. *Research and Development Funding*: Allocates funding for research and development of U.S.-made drones and UAS technology.
Purpose:
The GENIUS Act aims to address concerns about national security, intellectual property, and data privacy related to the use of foreign-made drones in the United States.
Impact:
The Act is expected to impact various industries, including:
1. *Drone Manufacturing*: U.S.-based drone manufacturers may benefit from the Act's provisions, which aim to promote domestic production.
2. *Infrastructure Inspection*: Companies involved in critical infrastructure inspections may need to transition to U.S.-made drones or alternative inspection methods.
3. *Research and Development*: The Act's funding allocation for R&D may drive innovation in U.S.-made drone technology.
Status:
The GENIUS Act is currently in the legislative process, with ongoing discussions and potential revisions.