,,ii  #aad? ,,congress  #b;d ,session   
,s4 #bhhi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #bh1 #bjaf ,mr4 
,coons 7= himself & ,mrs4 ,fis*]7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to am5d ! ,national ,sci5ce 
,f\ndation ,au?orization ,act ( #bjaj to
 au?orize an ,innovation ,corps4  #a4   
,%ort title  ,?is ,act may be cit$ z !  
,am]ican ,innovators & ,entrepr5eurs    
,act 4  #b4 ,national ,sci5ce           
,f\ndation's ,innovation ,corps ,!      
,national ,sci5ce ,f\ndation            
,au?orization ,act ( #bjaj 7,public ,law
 #aaa-ceh2 #abd ,/at4 #djje7 is am5d$ by
 add+ at ! end ! foll[+3  #ebh4         
,innovation ,corps  7a7 ,f9d+ ,congress 
f9ds ! foll[+3 7#a7 ,! ,national ,sci5ce
 ,f\ndation's ,innovation ,corps 7ref]r$
 to 9 ?is section z ! ,i-,corps7 0      
e/abli%$ by ,executive au?ority to fo/] 
a national innovation ecosy/em by       
enc\rag+ in/itutions1 sci5ti/s1 eng9e]s1

 & entrepr5eurs to id5tify & explore !  
innovation & comm]cial pot5tial (       
,f\ndation-fund$ rese>* well beyond !   
laboratory4  7#b7 ,! ,i-,corps includes 
inve/m5ts 9 entrepr5eur%ip &            
comm]cialization education1 tra9+1 &    
m5tor+1 ultimately lead+ to ! practical 
deploym5t ( te*nologies1 products1      
processes1 & s]vices t improve !        
,nation's competitiv5ess1 promote       
economic gr[?1 & b5efit society4  7#c7  
,by build+ networks ( entrepr5eurs1     
educators1 m5tors1 in/itutions1 &       
collaborations1 & support+ specializ$   
education & tra9+1 ,i-,corps is at !    
lead+ edge ( a /rong1 la/+ f\ndation =  
an ,am]ican innovation ecosy/em4  7#d7  
,by translat+ f$]ally fund$ rese>* to a 
comm]cial /age m quickly & effici5tly1  
programs l ! ,i-,corps create new jobs &
 companies1 help solve societal         
problems1 & provide taxpay]s ) a great] 
return on _! inve/m5t 9 rese>*4  7#e7 ,!
 ,i-,corps program model has a /rong    
record ( success t %\ld be replicat$ at 

all ,f$]al rese>* ag5cies4  7#f7 ,f$]al 
fund+ ( ,nodes1 ,sites1 ,teams1 &       
lead]%ip & control ( curriculum by !    
,national ,sci5ce ,f\ndation & o!r      
p>ticipat+ ag5cies are ess5tial p>ts ( !
 ,i-,corps program4  7#g7 ,! success ( !
 ,i-,corps program requires             
opportunities = bo? on-l9e & 9-p]son    
access to ! ,i-,corps curriculum4  7b7  
,def9itions ,9 ?is section3 7#a7 ,node  
,! t]m ,node means a c5t] =             
entrepr5eurial education t--  7,a7      
supports regional & national ne$s =     
innovation education1 infra/ructure1 &  
rese>*2 &  7,b7 s]ves z a location =    
deliv]y ( ! ,i-,corps curriculum4  7#b7 
,site ,! t]m ,site means a c5t] =       
entrepr5eurial education t supports     
local & regional ne$s = innovation      
education1 infra/ructure1 & rese>*4     
7#c7 ,team ,! t]m ,team means a gr\p (  
#c or m p receiv+ ,i-,corps fund+ t     
includes-- 7,a7 at lea/ "o und]graduate 
/ud5t1 graduate /ud5t1 or po/doctoral   
fell[2  7,b7 at lea/ "o pr(essor or     

rese>* sci5ti/2 &  7,c7 at lea/ "o p]son
 exp]i5c$ 9 comm]cialization or bus9ess1
 to act z a m5tor to ! ,team4  7c7      
,au?orization ( ,i-,corps  7#a7 ,9 g5]al
 ,! ,director %all-- 7,a7 c>ry out an   
,i-,corps program to aw>d grants =      
entrepr5eur%ip & comm]cialization       
education to sci5ce & eng9e]+ rese>*]s &
 /ud5ts & in/itutions ( high] education 
to increase ! economic & social impact (
 f$]ally fund$ rese>*2 &  7,b7 develop &
 provide access ?r\gh ,nodes1 ,sites1 & 
,teams to ,i-,corps program curriculum  
by support+ entrepr5eur%ip &            
comm]cialization education & tra9+ =    
faculty1 /ud5ts1 po/doctoral fell[s1 &  
o!r sci5ce & eng9e]+ rese>*]s4  7#b7    
,grant purpose ,grants aw>d$ "u ?is     
section %all increase ! capacity (      
sci5ce & eng9e]+ rese>*]s & /ud5ts to   
successfully engage 9 entrepr5eurial    
activities & to help transition !       
results ( f$]ally fund$ rese>* into !   
m>ketplace by--  7,a7 id5tify+ sci5ce & 
eng9e]+ rese>* t c lead to ! practical  

deploym5t ( te*nologies1 products1      
processes1 & s]vices t improve !        
,nation's economic competitiv5ess2  7,b7
 br++ sci5ce & eng9e]+ rese>*]s & /ud5ts
 toge!r ) entrepr5eurs1 v5ture          
capitali/s1 & o!r indu/ry repres5tatives
 exp]i5c$ 9 comm]cialization ( new      
te*nologies2  7,c7 support+             
entrepr5eur%ip & comm]cialization       
education & tra9+ = faculty1 /ud5ts1    
po/doctoral fell[s1 & o!r sci5ce &      
eng9e]+ rese>*]s2 &  7,d7 promot+ !     
developm5t ( regional & national        
networks ( innovation t include         
entrepr5eurs1 v5ture capitali/s1 & o!r  
indu/ry repres5tatives :o c s]ve z      
m5tors to rese>*]s & /ud5ts at          
,f\ndation-fund$ in/itutions across !   
,unit$ ,/ates4  7#c7 ,additional uses ( 
grant funds ,a rese>*]1 /ud5t1 or       
in/itution aw>d$ a grant "u ?is section 
may use ! grant funds to support--  7,a7
 prototype & pro(-(-concept developm5t =
 fund$ projects2 &  7,b7 additional     
activities ne$$ to build local1         

regional1 & national infra/ructure =    
sci5ce & eng9e]+ entrepr5eur%ip4  7#d7  
,collaboration ) small bus9ess          
innovation rese>* & small bus9ess       
te*nology transf] programs ,! ,director 
may "w 9 collaboration ) ! ,adm9i/rator 
( ! ,small ,bus9ess ,adm9i/ration & !   
heads ( ,f$]al ag5cies t p>ticipate 9 ! 
,small ,bus9ess ,innovation ,rese>*     
,program & ! ,small ,bus9ess ,te*nology 
,transf] ,program "u section #i ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fch7 to provide entrepr5eur%ip &       
comm]cialization education to sci5ce &  
eng9e]+ rese>*]s & /ud5ts & in/itutions 
( high] education ?r\gh ! ,i-,corps     
program4  7#e7 ,o!r f$]al ag5cies  7,a7 
,9 g5]al ,! ,director may e/abli%       
agreem5ts ) o!r ,f$]al ag5cies-- 7i7 t  
fund sci5tific rese>* to make rese>*]s1 
/ud5ts1 & in/itutions fund$ by ^?       
ag5cies eligible to p>ticipate 9 !      
,i-,corps program2 or  7ii7 to assi/ su*
 ag5cies ) ! design & implem5tation ( _!
 own program t is simil> to ! ,i-,corps 

program4  7,b7 ,p>tn]%ip fund+ ,ea*     
,f$]al ag5cy ent]+ into an agreem5t ) ! 
,director1 z describ$ 9 subp>agraph     
7,a71 may 7dep5d+ on ! agreem5t         
negotiat$7 be responsible = fund+--  7i7
 ! tra9+ ( rese>*]s & /ud5ts !y select  
to g ?r\gh ! ,i-,corps program2 &  7ii7 
! ,nodes & ,sites ! ag5cy designates z  
regional & national infra/ructure =     
sci5ce & eng9e]+ entrepr5eur%ip4  7d7   
,i-,corps curriculum committee ,!       
,director1 or ! ,director's designee1   
%all *air a curriculum committee-- 7#a7 
consi/+ ( program (fic]s f ,f$]al       
ag5cies describ$ 9 p>agraphs 7#d7 & 7#e7
 ( subsection 7c71 ,i-,corps program    
in/ructors1 rese>*]s educat$ by !       
,i-,corps program1 & indu/ry & academic 
repres5tatives2 &  7#b7 t %all g5]ate & 
update ,i-,corps program curriculum &   
c\rse mat]ial across subject areas &    
ma9ta9 ! integrity ( ! curriculum4  7e7 
,team selection ,team selection %all be 
manag$ by relevant program (fic]s at !  
,f$]al ag5cy fund+ ! ,team4  7f7        

,report+ ,! ,director %all submit a     
bi5nial report on ,i-,corps program     
efficacy to ! ,committee on ,comm]ce1   
,sci5ce1 & ,transportation ( ! ,s5ate & 
! ,committee on ,sci5ce1 ,space1 &      
,te*nology ( ! ,h\se ( ,repres5tatives4 
,su* report %all include metrics on !   
effectiv5ess ( ! program & demographic  
in=mation ( ,teams be+ educat$ by !     
program4 ,ea* ,f$]al ag5cy p>ticipat+ 9 
! ,i-,corps program %all contribute to  
ea* su* report4  7g7 ,/ate & local      
p>tn]%ips ,! ,director may engage 9     
p>tn]%ips ) ,/ate & local gov]nm5ts1    
economic developm5t organizations1 &    
nonpr(it organizations to provide access
 to ,nodes1 ,sites1 & ! ,i-,corps       
program curriculum to support           
entrepr5eur%ip & comm]cialization       
education & tra9+ = faculty1 /ud5ts1    
po/doctoral fell[s1 & o!r sci5ce &      
eng9e]+ pr(essionals z describ$ "u ?is  
section4  7h7 ,au?orization (           
appropriations ,!re are au?oriz$ to be  
appropriat$ to ! ,f\ndation to c>ry out 

?is section-- 7#a7 #ce1jjj1jjj = fiscal 
ye> #bjag2  7#b7 #dj1jjj1jjj = fiscal   
ye> #bjah2 &  7#c7 #de1jjj1jjj = ea* (  
fiscal ye>s #bjai & #bjbj4  4  #c4      
,increase & /reaml9e recov]y ( unclaim$ 
assets ow$ to ! ,unit$ ,/ates ,section  
#cgaa ( title #ca1 ,unit$ ,/ates ,code1 
is am5d$ by add+ at ! end ! foll[+3  7j7
 7#a7 ,! ,secret>y ( ! ,treasury 7ref]r$
 to 9 ?is subsection z ! 8,secret>y07   
may locate & recov] assets ( ! ,unit$   
,/ates ,gov]nm5t on behalf ( any        
executive1 judicial1 or legislative     
ag5cy 9 accordance ) su* proc$ures z !  
,secret>y consid]s appropriate4  7#b7   
,not)/&+ any o!r provision ( law conc]n+
 ! deposit+ or collection ( ,f$]al      
paym5ts1 includ+ section #ccjb7;b71 !   
,secret>y may reta9 a portion ( ! am\nts
 recov]$ "u ?is subsection to cov] !    
adm9i/rative & op]ational co/s ( !      
,secret>y associat$ ) locat+ & recov]+  
assets ( ! ,unit$ ,/ates ,gov]nm5t4  4