Text: S.695 — 111th Congress (2009-2010)All Information (Except Text)

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Introduced in Senate (03/25/2009)


111th CONGRESS
1st Session
S. 695


To authorize the Secretary of Commerce to reduce the matching requirement for participants in the Hollings Manufacturing Partnership Program.


IN THE SENATE OF THE UNITED STATES

March 25, 2009

Ms. Snowe (for herself, Mr. Kohl, Ms. Stabenow, Mr. Brown, and Mr. Lieberman) introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation


A BILL

To authorize the Secretary of Commerce to reduce the matching requirement for participants in the Hollings Manufacturing Partnership Program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Hollings Manufacturing Partnership Program.

Section 25(c) of the National Institute of Standards and Technology Act (15 U.S.C. 278k(c)) is amended—

(1) in paragraph (1), by inserting “except as specifically authorized by law” before the period at the end;

(2) in paragraph (3)(B), by striking “not less than 50 percent of the costs incurred for the first 3 years and an increasing share for each of the last 3 years” and inserting “50 percent of the costs incurred or such lesser percentage of the costs incurred as determined by the Secretary, by rule, and authorized by law”; and

(3) in paragraph (5)—

(A) by striking “at declining levels”; and

(B) by striking “Funding received for a fiscal year under this section shall not exceed one third” and inserting “Except as provided under paragraph (3)(B), funding received for a fiscal year under this section after the sixth year of operation shall not exceed 50 percent”.