I
104TH CONGRESS
1ST SESSION
H. R. 80
To foster economic growth, create new employment opportunities, and
strengthen the industrial base of the United States by providing credit
for businesses and by facilitating the transfer and commercialization
of government-owned patents, licenses, processes, and technologies, and
for other purposes.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 4, 1995
Mr. KANJORSKI (for himself and Mr. HINCHEY) referred to the Committee on
Banking and Financial Services, and in addition to the Committees on
Science, the Judiciary, and Ways and Means, for a period to be subse-
quently determined by the Speaker, in each case for consideration of such
provisions as falls within the jurisdiction of the committee concerned.
A BILL
To foster economic growth, create new employment opportu-
nities, and strengthen the industrial base of the United
States by providing credit for businesses and by facilitat-
ing the transfer and commercialization of government-
owned patents, licenses, processes, and technologies, and
for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
HR 80 IH
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) SHORT TITLE.—This Act may be cited as the
‘‘Federal Technology Commercialization and Credit En-
hancement Act of 1995’’.
(b) TABLE OF CONTENTS.—
Sec. 1. Short title; table of contents.
Sec. 2. Findings.
Sec. 3. Purposes.
Sec. 4. Definitions.
TITLE I—CONSOLIDATION OF INFORMATION ON TECHNOLOGIES
Sec. 101. Establishment of data base.
Sec. 102. Standardization and accessibility of information.
Sec. 103. Access to data base.
Sec. 104. Review of current Federal technology transfer efforts.
Sec. 105. Exercise of march-in-rights; reassignment of licensing responsibilities.
TITLE II—TECHNOLOGY TRANSFER AND COMMERCIALIZATION
FINANCING CORPORATION
Sec. 201. Establishment of corporation.
Sec. 202. Process of organization.
Sec. 203. Directors, officers, and employees.
Sec. 204. General powers.
Sec. 205. Promotion of technologies.
Sec. 206. Authority to represent the government.
Sec. 207. Financing of corporation.
Sec. 208. Consultation with Federal agencies, and with private parties.
Sec. 209. Review of corporation.
Sec. 210. Audit by Comptroller General.
Sec. 211. Reports.
Sec. 212. Administration.
Sec. 213. Miscellaneous provisions.
TITLE III—COMMERCIALIZATION FINANCING
Sec. 301. Technology Transfer Investment Fund.
Sec. 302. Loan and loan guarantee authority.
Sec. 303. Terms and conditions.
Sec. 304. Equity instruments purchase or guarantee authority.
Sec. 305. Technical assistance for lenders and borrowers.
Sec. 306. Outreach to specific areas.
Sec. 307. Liability.
Sec. 308. Injunctive relief.
Sec. 309. Performance measures; annual report.
TITLE IV—ALTERNATIVE MINIMUM TAX ON CORPORATIONS
IMPORTING PRODUCTS INTO THE UNITED STATES
HR 80 IH
Sec. 401. Alternative minimum tax on corporations importing products into the
United States at artificially inflated prices.
TITLE V—MISCELLANEOUS PROVISIONS
Sec. 501. Effective date.
Sec. 502. Separability.
SEC. 2. FINDINGS.
The Congress finds that—
(1) through its support and funding of research
and development in this Nation’s Federal agencies,
laboratories, and educational institutions, the Fed-
eral Government has fostered the creation of thou-
sands of patents, licenses, technologies, and proc-
esses owned, or held in whole or part, by the Federal
Government;
(2) if commercialized, these patents, licenses,
technologies, and processes owned, or held in whole
or part, by the Federal Government hold the poten-
tial to greatly expand the economy of the United
States and to create millions of new jobs at good
wages for American workers;
(3) the Federal Government has not been suffi-
ciently effective in encouraging the commercializa-
tion of these patents, licenses, technologies, and
processes owned, or held in whole or part, by the
Federal Government;
(4) throughout the Federal Government, there
is no single inventory or source of information on