Washington, D.C. – U.S. Senator Michael Bennet (D-CO) today led Colorado U.S. Representatives Diana DeGette, Ed Perlmutter, and Ja...READ MORE
Perlmutter Legislation to Spur Transfer of New Technologies at National Labs Included in House Energy Research and Innovation Bill
Washington, D.C. – Legislation cosponsored by U.S. Rep. Ed Perlmutter (CO-07) passed the U.S. House of Representatives today as part of H.R. 589, the Department of Energy Research and Innovation Act. H.R. 589 provides policy direction to the Department of Energy (DOE) on basic science research, nuclear energy research and development (R&D), research coordination and priorities, and reforms to streamline national lab management.
Perlmutter’s legislation, the Department of Energy Laboratory Modernization and Technology Transfer Act, provides important tools to spur and accelerate the transfer of new technologies developed at national laboratories by extending 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. It also removes burdens which currently prevent many universities and other non-profit research institutions from working with national laboratories.
“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.”
Perlmutter was the lead Democratic cosponsor of the legislation introduced by Rep. Randy Hultgren of Illinois, and was previously passed on a voice vote by the House Science, Space, and Technology Committee on March 4, 2015.