We have received text from H.R. 4942: Quantum Encryption Readiness and Resilience Act. This bill was received on 2025-08-08, and currently has 3 cosponsors.
Here is a short summary of the bill:
The bill titled the
Quantum Encryption Readiness and Resilience Act
seeks to address the potential cybersecurity and national security risks associated with advanced quantum computers. Here’s a layman's summary of what the bill would do:
Initial Report Requirement
Within one year of the bill's enactment, a designated subcommittee will be required to submit an initial report that includes:
- Assessment of Quantum Computing Capabilities : Evaluating how the United States stands compared to other countries in developing cryptographically relevant quantum computers and in adopting security measures to address risks associated with these technologies.
- Progress Assessment : Analyzing how private and public sector entities in the U.S. are progressing in adopting necessary security measures, including implementing guidance from existing cybersecurity laws.
- Identification of Vulnerable Sectors : Identifying which areas of the economy are most at risk from potential quantum computer threats.
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Risk Mitigation Plan
: Developing a strategic plan to reduce identified risks, which could include:
- Encouraging interagency collaboration within the federal government.
- Facilitating communication and data sharing between public and private sectors.
- Creating partnerships between the government and private enterprises.
- Identifying adoptable security measures for entities.
- Supporting adoption of recommended measures, including pilot projects and guidance on cybersecurity practices.
- Guidelines Development : Establishing guidelines for determining when a quantum computer poses a significant cryptographic risk.
Reporting to Congress
Along with the initial report, the subcommittee will need to present its findings on:
- The initial assessments conducted.
- The sectors identified as most vulnerable.
- The developed mitigation plan.
- The guidelines established for defining cryptographically relevant quantum computers.
- Recommendations on:
- A timeline for implementing the risk mitigation plan.
- Necessary legislation to support the plan.
- Actions that can be taken without new legislation.
Subsequent Reporting
After the initial report, the subcommittee is required to submit follow-up reports annually for four years to track the progress made by private and public sectors toward implementing the recommended measures.
Definitions
The bill provides definitions for key terms such as:
- Appropriate Committees of Congress : Specific congressional committees as outlined in previous legislation regarding quantum initiatives.
- Cryptographically-Relevant Quantum Computer : A quantum computer capable of breaking cryptographic systems that traditional computers cannot.
Relevant Companies
- IBM : As a major player in quantum computing research and development, IBM may be impacted by new regulations on quantum technologies and security measures.
- Alphabet Inc. (Google) : With significant investment in quantum computing technologies, Alphabet might face changes in compliance and preparedness mandates.
- Microsoft : This company is also heavily involved in quantum technology and could be required to adjust its cybersecurity measures based on assessments from the bill.
- Raytheon Technologies : As a defense contractor, Raytheon may be affected by national security implications stemming from quantum capabilities.
- Boeing : Engaged in federal contracts and national defense, Boeing might need to align its technologies and protocols with new guidelines emerging from this bill.
Representative Suhas Subramanyam Bill Proposals
Here are some bills which have recently been proposed by Representative Suhas Subramanyam:
- H.R.4942: Quantum Encryption Readiness and Resilience Act
- H.R.4738: Baby Safety Tax Relief Act
- H.R.3470: AGRITOURISM Act
- H.R.2470: COST of Relocations Act
- H.R.2349: Uyghur Human Rights Protection Act
- H.R.1545: Accountability in Government Efficiency Act
You can track bills proposed by Representative Suhas Subramanyam on Quiver Quantitative's politician page for Subramanyam.
Representative Suhas Subramanyam Net Worth
Quiver Quantitative estimates that Representative Suhas Subramanyam is worth $2.7M, as of August 13th, 2025. This is the 204th highest net worth in Congress, per our live estimates.
Subramanyam has approximately $984.7K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Suhas Subramanyam's net worth on Quiver Quantitative's politician page for Subramanyam.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
