S.3519 - A bill to stabilize the matching requirement for participants in the Hollings Manufacturing Partnership Program.111th Congress (2009-2010)
|Sponsor:||Sen. Snowe, Olympia J. [R-ME] (Introduced 06/22/2010)|
|Committees:||Senate - Commerce, Science, and Transportation|
|Latest Action:||06/22/2010 Read twice and referred to the Committee on Commerce, Science, and Transportation.|
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Summary: S.3519 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in Senate (06/22/2010)
Amends the National Institute of Standards and Technology Act to prohibit the Secretary of Commerce, for each of FY2011-FY2013, from: (1) providing a participant in the Hollings Manufacturing Partnership Program with more than 50% of the costs incurred by the participant under the Program; and (2) requiring a participant's cost share to exceed 50%.
Directs the Secretary to report to Congress on such cost share requirements, including: (1) an analysis of various cost share structures; and (2) a recommendation for structuring the cost share requirement after FY2013 to best provide for the Program's long-term sustainability.