1. Short title This Act may be cited as the Developing Innovation and Growing the Internet of Things Act or the DIGIT Act . 2. Findings; sense of Congress (a) Findings Congress finds that— (1) the Internet of Things refers to the growing number of connected and interconnected devices; (2) estimates indicate that more than 125,000,000,000 devices will be connected to the internet by 2030; (3) the Internet of Things has the potential to generate trillions of dollars in new economic activity around the world in the transportation, energy, agriculture, manufacturing, and health care sectors and in other sectors that are critical to the growth of the gross domestic product of the United States; (4) businesses across the United States can develop new services and products, improve the efficiency of operations and logistics, cut costs, improve worker and public safety, and pass savings on to consumers by utilizing the Internet of Things and related innovations; (5) the Internet of Things will— (A) be vital in furthering innovation and the development of emerging technologies; and (B) play a key role in developing artificial intelligence and advanced computing capabilities; (6) the United States leads the world in the development of technologies that support the internet, the United States technology sector is well-positioned to lead in the development of technologies for the Internet of Things, and the appropriate prioritization of a national strategy with respect to the Internet of Things would strengthen that position; (7) the Federal Government can implement this technology to better deliver services to the public