II
111th CONGRESS
1st Session
S. 695
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.
Hollings Manufacturing Partnership Program
Section 25(c) of the National Institute of Standards and Technology Act (15 U.S.C. 278k(c)) is amended—
in paragraph (1), by inserting
except as specifically authorized by law
before the period at
the end;
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
in paragraph (5)—
by striking
at declining levels
; and
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
.