The GENIUS Act (Generating Economic New Ideas and Understanding Society) is a proposed legislative bill aimed at increasing federal funding for social science...
GENIUS stands for "Generating Economic New Ideas and Understanding Society," reflecting the act's goal to advance insights across various social science disciplines.
Its main objective is to boost federal investment in social and behavioral science research to better understand societal challenges, inform public policy, and stimulate economic growth.
The act intends to fund a broad spectrum of social science research, including economics, sociology, political science, psychology, and anthropology, focusing on human behavior and societal dynamics.
No, the GENIUS Act is a proposed legislative bill that has been introduced in Congress but has not yet been passed into law. Its status may evolve through the legislative process.