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SEC. 205. PROMOTION OF TECHNOLOGIES.
(a) MARKETING OF TECHNOLOGIES.—The Corpora-
tion shall undertake an aggressive, multifaceted outreach
program to increase awareness of the availability of pat-
ents, licenses, processes, and technologies to qualified con-
cerns under this Act. This program shall emphasize the
use of new information technologies, including the utiliza-
tion of cable television and the modern electronic media,
and the data base established under title I.
(b) UTILIZATION OF CABLE TELEVISION.—
(1) In implementing the outreach program pro-
vided under subsection (a) the Corporation shall
enter into contracts for the establishment of a cable
television network devoted to marketing efforts for
the commercialization of patents, licenses, processes,
and technologies—
(A) owned or held in whole or part by Fed-
eral departments, agencies, or government con-
trolled corporations,
(B) developed in Federal laboratories,
(C) arising in the course of federally fund-
ed research at educational institutions, other
units of government, or with private concerns,
and
(D) which are otherwise made available to
the government by private concerns.
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(2) Under terms negotiated between the Sec-
retary and the Corporation, the Secretary is author-
ized to make payments to the Corporation, from the
Fund established under title III, or from other au-
thorized funds, for promotional fees for the produc-
tion of segments for broadcast over cable television,
or other appropriate media, which identify—
(A) the technologies described in para-
graph (1),
(B) their potential commercial applica-
tions, and
(C) methods available for obtaining addi-
tional information on the technologies.
(c) 
TECHNICAL
ASSISTANCE.—The 
Corporation
shall, upon request, provide technical assistance and serv-
ices, as appropriate and needed, to qualified concerns
under this title. The Corporation may charge fees for tech-
nical assistance and services provided under this section
in amounts sufficient to cover the reasonable cost of such
assistance and services. The Corporation may waive such
fees on a case-by-case basis.
(d) OUTREACH TO SPECIFIC AREAS.—The Corpora-
tion shall seek to ensure that qualified concerns located
in areas determined by the Secretary of Commerce to—
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(1) have a depressed economy or chronically
high unemployment,
(2) have been adversely affected by the loss of
jobs attributable to the North American Free Trade
Agreement, or
(3) be designated Federal empowerment zones
or enterprise communities,
are notified of the availability assistance through the pro-
gram established under this title and, to the extent prac-
ticable, to encourage and facilitate the participation of
such qualified concerns in such program.
SEC. 206. AUTHORITY TO REPRESENT THE GOVERNMENT.
(a) IN GENERAL.—In accordance with regulations
promulgated by the Secretary, the Corporation shall act
as the sole agent, and represent the interests, of the Fed-
eral Government in facilitating the transfer of patents, li-
censes, processes, and technologies to qualified concerns
under this Act.
(b) RIGHTS OF QUALIFIED CONCERNS.—In accord-
ance with regulations promulgated by the Secretary, the
Corporation is authorized to convey, to qualified concerns,
under terms and conditions to be negotiated between the
Corporations and qualified concerns, title, exclusive li-
cense, non-exclusive license, or other rights which may be
necessary and appropriate to facilitate the commercializa-
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tion of patents, licenses, processes, and technologies as
provided under this Act.
(c) MINIMUM RIGHTS OF THE FEDERAL GOVERN-
MENT.—In the conveyance of rights to qualified concerns
as provided for under subsection (b), the Corporation shall
ensure the following:
(1) The conveyance agreement contains lan-
guage providing for the right of the Corporation to
revoke the rights provided under subsection (b) if—
(A) the qualified concern does not dem-
onstrate that it is undertaking a good faith ef-
fort to achieve the commercialization of the pat-
ent, license, process, or technology; or
(B) the Secretary certifies that the inter-
ests of national security or the general welfare
of the American people necessitates the revoca-
tion of such rights.
(2) The Federal Government retains a license
to such patents, processes, and technologies for its
own use.
(3) The Federal Government receives in com-
pensation for the conveyance of such rights—
(A) royalty fees,
(B) partial equity ownership in the quali-
fied concerns to whom such rights are conveyed,
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(C) the right to share in the earnings of
the qualified entity proportionate to the value of
the rights so conveyed, or
(D) a sum of money or other compensation
that the Corporation determines to be appro-
priate.
SEC. 207. FINANCING OF CORPORATION.
(a) CAPITAL STOCK.—The corporation is authorized
to issue and have outstanding, in such amounts as it shall
determine, shares of capital stock, without par value,
which shall carry voting rights and be eligible for divi-
dends.
(b) NONVOTING SECURITY ISSUES
AND CERTIFI-
CATES OF INDEBTEDNESS.—The corporation is author-
ized to issue, in addition to the stock authorized by sub-
section (a) of this section, nonvoting securities, bonds, de-
bentures, and other certificates of indebtedness as it may
determine.
SEC. 208. CONSULTATION WITH FEDERAL AGENCIES, AND
WITH PRIVATE PARTIES.
(a) CONSULTATION WITH FEDERAL AGENCIES.—In
carrying out this title, the Board and the Corporation
shall consult frequently with the Department of Com-
merce, and such Federal agencies and departments as is
appropriate, to ensure coordination and the maximum uti-