H.R. 1162 · 114th Congress
Science Prize Competitions Act
- Stage
- Passed a chamber
- Sponsor
- Donald Beyer
- Introduced
- 2015-02-27
- Latest action
- 2015-05-20 · Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Summary
Science Prize Competitions Act
Amends the Stevenson-Wydler Technology Innovation Act of 1980 regarding prize competitions, allowing an agency to waive liability insurance requirements for participants.
Allows an agency to enter into a grant, contract, cooperative agreement, or other agreement with a private sector for-profit as well as a nonprofit entity (as under current law) to administer a prize competition.
Permits the use of funds from private sector for-profit entities to support a prize competition.
Prohibits an agency from giving special consideration to any private sector for-profit entity in return for a donation.
Limits the use of federal funds to those made available by appropriations Acts.