This bill establishes a Technology Competitiveness Council. The President shall establish such council within the Executive Office of the President. The council's responsibilities include developing recommendations for the President on U.S. technology competitiveness and technology-related issues, advising and assisting the President in the development and implementation of national technology policy and strategy; and developing and overseeing the implementation of an annual National Technology Strategy. The strategy shall be designed to maintain U.S. leadership in critical and emerging technologies essential to U.S. national security and economic prosperity.