Summary of HR 4263 - 123 GO Act

Bill Overview

• Bill Number: HR 4263
• Title: 123 GO Act
• Status: Introduced in House
• Introduced Date: June 30, 2025
• Classification: Bill

Purpose and Intent

The 123 GO Act aims to address critical issues related to international cooperation and technological advancement. While the specific provisions of the bill are not detailed in the provided information, the title suggests a focus on enhancing global partnerships and promoting innovative solutions in various sectors.

Key Provisions

As the bill is currently in the introductory phase, specific provisions have not been disclosed. However, it has been referred to multiple committees, indicating a broad scope that may include:

• Foreign Affairs: Potentially addressing diplomatic relations and international agreements.
• Armed Services: Likely involving defense-related initiatives or collaborations.
• Energy and Commerce: Possibly focusing on energy policies, commerce regulations, or technological advancements in these fields.
• Financial Services: May include financial regulations or support for international economic initiatives.
• Science, Space, and Technology: Could involve advancements in scientific research, space exploration, or technology development.

Affected Parties

The 123 GO Act is expected to impact various stakeholders, including:

• Government Agencies: Particularly those involved in foreign affairs, defense, energy, and technology sectors.
• Private Sector Entities: Companies and organizations engaged in international trade, technology development, and energy production.
• Research Institutions: Entities involved in scientific research and technological innovation.

Legislative Process

• Introduced: The bill was introduced in the House on June 30, 2025.
• Committee Referral: It has been referred to the following committees for further consideration:
  • Committee on Foreign Affairs
  • Committee on Armed Services
  • Committee on Energy and Commerce
  • Committee on Financial Services
  • Committee on Science, Space, and Technology

The Speaker of the House will determine the timeline for consideration by these committees.

Sponsors

The bill is sponsored by:
- Keith Self (Primary Sponsor)
- Tim Burchett (Cosponsor)
- Young Kim (Cosponsor)
- Jefferson Shreve (Cosponsor)
- Michael Baumgartner (Cosponsor)

Conclusion

The 123 GO Act represents a legislative effort to enhance international collaboration and technological progress. As the bill progresses through the legislative process, further details regarding its specific provisions and implications will become clearer. Stakeholders and interested parties should monitor its development closely.