Summary

1/23/2013--Introduced.Nanotechnology Advancement and New Opportunities Act - Directs the Secretary of Commerce, if $100 million is made available from the private sector for establishing a Nanomanufacturing Investment Partnership,... Read More

Status

This bill was introduced on Jan 23, 2013, in a previous session of Congress, but was not passed.

Date Introduced
Jan 23, 2013

Co-Sponsors

Bill Text

A BILL

To ensure the development and responsible stewardship of nanotechnology.

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

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Nanotechnology Advancement and New Opportunities Act''.

TITLE I--INVESTMENT IN NANOTECHNOLOGY INDUSTRY

SEC. 101. NANOMANUFACTURING INVESTMENT PARTNERSHIP.

(a) Establishment.--If $100,000,000 is made available for such purposes from the private sector within 2 years after the date of enactment of this Act, the Secretary of Commerce shall establish the Nanomanufacturing Investment Partnership, in partnership with such private sector investors. (b) Purpose.--The Nanomanufacturing Investment Partnership shall provide funding for precommercial nanomanufacturing research and development projects, but not for basic research projects, through funding mechanisms described in subsection (c) in a manner so as to advance the commercialization of nanomanufacturing technologies to address critical scientific and engineering needs of national importance, especially with respect to projects that would not be adequately funded or pursued by the private sector or pursuant to the 21st Century Nanotechnology Research and Development Act or other law, and to increase the commercial application of federally supported research results. To the extent that a sufficient number of viable applications have been submitted, at least 85 percent of the funding provided by the Nanomanufacturing Investment Partnership under this section shall be provided to startup companies. (c) Funding Mechanisms.--The Nanomanufacturing Investment Partnership may provide funding through direct investment in nanomanufacturing firms, contracts, loans or loan guarantees, unsecured subordinated debt, or any other...

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Sentiment Map

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Nation

14 Supporting
23 Opposing
38% 62%

State: CA

3 Supporting
3 Opposing
50% 50%

District: 1st

0 Supporting
0 Opposing
0% 0%

Popularity Trend

Organizations Supporting

No organizations supporting yet.

Organizations Opposing

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Users Supporting

I support H.R. 394: Nanotechnology Advancement and New Opportunities Act because science and technology research is vital to U.S. interests. I believe the American public will support this as it will provide jobs for our engineers, mathematicians, programmers, and other scientists and is a step forward in the right direction. Thank you.

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IN
9
homecountry07
IN-9
1 year ago

I support H.R. 394: Nanotechnology Advancement and New Opportunities Act because...nanotechnology may well be the future of our health and tech development. We need to be investors and innovators in this technology so we reap the enormous benefits it has to offer.

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MN
4
TimCheesebrow
MN-4
2 years ago

Users Opposing

I oppose H.R. 394: Nanotechnology Advancement and New Opportunities Act Grey Goo.

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CA
6
EXPOSE-CAFR
CA-6
1 year ago

I oppose H.R. 394: Nanotechnology Advancement and New Opportunities Act because this is an industry that will do exception is the government will stay out of it. Thank you for your consideration.

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PA
11
as1orig
PA-11
2 years ago

I oppose H.R. 394: Nanotechnology Advancement and New Opportunities Act because... This bill needs to be revised...

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CA
2
someplaceicangetmail
CA-2
2 years ago

Bill Summary

1/23/2013--Introduced.Nanotechnology Advancement and New Opportunities Act - Directs the Secretary of Commerce, if $100 million is made available from the private sector for establishing a Nanomanufacturing Investment Partnership, to establish such a Partnership to provide funding for precommercial nanomanufacturing research and development projects. Allows the Partnership to provide funding through direct investments in specified mechanisms designed to advance nanomanufacturing. Requires return on investment of amounts resulting from the commercialization of developed technologies to the Partnership. Requires establishment of an advisory board to assist the Secretary in carrying out the Partnership. Amends the Internal Revenue Code (IRC) to allow a tax credit for the purchase of qualified nanotechnology developer stock. Authorizes establishment within the Technology Administration of a grant program to support the establishment and development of incubators (entities affiliated with or housed in degree-granting institutions that provide space and coordinated and specialized services to certain entrepreneurial businesses). Establishes a Nanotechnology Startup Advisory Council. Directs the National Science Foundation (NSF) to establish a Nanoscale Science and Engineering Center for the development of computer aided design tools for nanotechnology applications. Requires the establishment of nanotechnology research grant programs by the: (1) Secretary of Energy (DOE) to address the need for clean, cheap, renewable energy; (2) Administrator of the Environmental Protection Agency (EPA) to address technologies for remediation of pollution and other environmental protection technologies; (3) Secretary of Homeland Security (DHS) to address the need for sensors and other materials related to homeland security needs; and (4) Secretary of Health and Human Services (HHS) to address health related applications of nanotechnology. Requires the Director of the National Nanotechnology Coordination Office to transmit a nanotechnology research strategy that establishes priorities for the federal government and industry. Amends the IRC to: (1) allow a tax credit for nanotechnology education and training program expenses; and (2) revise, for purposes of Hope and Lifetime Learning tax credits, the definition of "eligible educational institution" to include commercial nanotechnology training providers. Directs the NSF to establish: (1) a grant program for the development of curriculum materials for interdisciplinary nanotechnology courses at institutions of higher education, and (2) establish a program to encourage manufacturing companies to enter into partnerships with occupational training centers for the development of training to support nanotechnology manufacturing. Directs the Secretary of Energy to transmit a strategy for increasing interaction on nanotechnology issues between scientists and engineers at the Department of Energy's national laboratories and in the informal science education community.

H.R. 393The Domestic Violence Judicial Support Act H.R. 395The Student Loan Employment Benefits Act