I 
116TH CONGRESS 
1ST SESSION H. R. 2857 
To grant a Federal charter to the National Academy of Inventors. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 21, 2019 
Mr. LIPINSKI (for himself, Mr. BILIRAKIS, Mr. WEBSTER of Florida, and Ms. 
CASTOR of Florida) introduced the following bill; which was referred to 
the Committee on the Judiciary 
A BILL 
To grant a Federal charter to the National Academy of 
Inventors. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. GRANT OF FEDERAL CHARTER TO THE NA-
TIONAL ACADEMY OF INVENTORS. 
(a) GRANT OF CHARTER.—Part B of subtitle II of 
title 36, United States Code, is amended by inserting after 
chapter 1503 the following new chapter: 
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‘‘CHAPTER 1504—NATIONAL ACADEMY OF 
INVENTORS 
‘‘§ 150401. Findings 
‘‘Congress finds the following: 
‘‘(1) The majority of the Nation’s basic re-
search is done at colleges and universities. 
‘‘(2) The National Academy of Inventors recog-
nizes and encourages inventors who have a patent 
issued from the United States Patent and Trade-
mark Office. 
‘‘(3) The National Academy of Inventors en-
hances the visibility of university and nonprofit re-
search institute technology and academic innovation. 
‘‘(4) The National Academy of Inventors en-
courages the disclosure of intellectual property. 
‘‘(5) The National Academy of Inventors edu-
cates and mentors innovative students. 
‘‘(6) The systematic application of organized 
knowledge and information can generate technology 
and produce creative solutions to existing problems. 
‘‘(7) Innovation, based on new inventions and 
technologies, has proven to be a key factor in the in-
dustrial and economic development of the world. 
‘‘(8) The National Academy of Inventors serves 
a valuable role in the translation of science and tech-
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nology within the research communities at univer-
sities, nonprofit institutes, and Federal agencies, 
and for the benefit of society. 
‘‘(9) Congress supports the mission of the Na-
tional Academy of Inventors to encourage the trans-
lation of the inventions of its members to benefit so-
ciety. 
‘‘§ 150402. Organization 
‘‘(a) FEDERAL CHARTER.—The National Academy of 
Inventors, a not-for-profit organization that meets the re-
quirements under section 501(c)(3) of the Internal Rev-
enue Code, and is organized under the laws of the State 
of Florida, is a federally chartered organization. 
‘‘(b) EXPIRATION OF CHARTER.—If the organization 
does not comply with the provisions of this chapter, the 
charter granted shall expire. 
‘‘§ 150403. Purposes 
‘‘The purposes of the organization are as provided in 
its bylaws and articles of incorporation. 
‘‘§ 150404. Governing body 
‘‘(a) BOARD OF DIRECTORS.—The composition of the 
board of directors for the organization, and the respon-
sibilities of the board are as provided in the articles of 
incorporation and bylaws of the organization. 
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‘‘§ 150409. Liability for acts of officers and agents 
‘‘The organization is liable for any act of any officer 
or agent of the corporation acting within the scope of the 
authority of the corporation. 
‘‘§ 150410. Annual report 
‘‘The corporation shall transmit to Congress an an-
nual report on the activities of the corporation during the 
preceding fiscal year. The report shall be submitted at the 
same time as the report of the audit required. The report 
may not be printed as a public document.’’. 
(b) CLERICAL AMENDMENT.—The table of chapters 
at the beginning of subtitle II of title 36, United States 
Code, is amended by inserting after the item relating to 
chapter 1503 the following new item: 
‘‘1504. NATIONAL ACADEMY OF INVENTORS..............................150401’’. 
Æ 
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