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Perlmutter’s DOE Lab Modernization and Technology Transfer Act Passes in the House
Yesterday, U.S. Rep. Ed Perlmutter (CO-07) helped pass legislation in the U.S. House of Representatives which provides important tools to spur and accelerate the transfer of new technologies developed at national laboratories. H.R. 1158, the Department of Energy Laboratory Modernization and Technology Transfer Act of 2015, extends the Agreement for Commercializing Technology (ACT) pilot program for two more years. In addition, the bill significantly broadens the range of companies able to participate in the program allowing for more flexible partnership agreements and allows labs to use their technology transfer funds for activities which identify and demonstrate commercial opportunities.
>“The Department of Energy’s national laboratories and research programs have been the birthplace to some of our most revolutionary technologies. When this research is harnessed by entrepreneurs and business leaders, start-ups with one or two employees can grow into companies that create hundreds of quality jobs,” said Rep. Perlmutter. “This bipartisan legislation gives scientists and researchers in both the public and private sector the tools and freedom they need to unlock a new wave of innovation.”
>H.R. 1158 also removes burdens which currently prevent many universities and other non-profit research institutions from working with national laboratories. Rep. Perlmutter was the lead Democratic cosponsor of the legislation introduced by Rep. Randy Hultgren of Illinois. The bill was passed on a voice vote by the House Science, Space, and Technology Committee on March 4, 2015. Companion legislation was introduced in the Senate earlier this month by Senators Chris Coons and Marco Rubio.
>Video of Rep. Perlmutter's floor remarks in support of this bill can be found here.