,,ii #aag? ,,congress #b;d ,session ,s4 #ebhg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ae1 #bjbb ,mr4 ,moran 7= himself1 ,mr4 ,w>n]1 ,mr4 ,blunt1 & ,ms4 ,klobu*>7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to jump-/>t economic recov]y ?r\gh ! =mation & gr[? ( new bus9esses1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,/>tup ,act4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,sec4 #b4 ,f9d+s4 ,sec4 #c4 ,conditional p]man5t resid5t /atus = immigrants ) an advanc$ degree 9 a ,,/em field4 ,sec4 #d4 ,immigrant entrepr5eurs4 ,sec4 #e4 ,elim9ation ( ! p] c\ntry num]ical limitation = employm5t-bas$ visas4 ,sec4 #f4 ,accel]at$ comm]cialization ( taxpay]-fund$ rese>*4 ,sec4 #g4 ,regional innovation clu/]s4 ,sec4 #h4 ,economic impact ( significant ,f$]al ag5cy rules4 ,sec4 #i4 ,f$]al & ,/ate ,te*nology ,p>tn]%ip ,program4 ,sec4 #aj4 ,bi5nial ,/ate />tup bus9ess report4 ,sec4 #aa4 ,new bus9ess =mation report4 ,sec4 #ab4 ,rescission ( unsp5t ,f$]al funds4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,a*iev+ economic recov]y w require ! =mation & gr[? ( new companies4 7#b7 ,betwe5 #aihj & #bjje1 companies t 7 less ?an #e ye>s old acc\nt$ = ne>ly all net job creation 9 ! ,unit$ ,/ates4 7#c7 ,new firms 9 ! ,unit$ ,/ates create an av]age ( #c1jjj1jjj jobs p] ye>4 7#d7 ,to get ,am]icans back to "w1 entrepr5eurs mu/ be free to innovate1 create new companies1 & hire employees4 #c4 ,conditional p]man5t resid5t /atus = immigrants ) an advanc$ degree 9 a ,,/em field 7a7 ,9 g5]al ,*apt] #b ( title ,,ii ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaha et seq47 is am5d$ by ins]t+ aft] section #baf;,a ! foll[+3 #baf;,b4 ,conditional p]man5t resid5t /atus = ali5s ) an advanc$ degree 9 a ,,/em field 7a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is ,act1 ! ,secret>y ( ,homel& ,security may-- 7#a7 adju/ ! /atus ( n m ?an #ej1jjj ali5s :o h e>n$ a ma/]'s degree or a doctorate degree at an in/itution ( high] education 9 a ,,/em field to t ( an ali5 conditionally admitt$ = p]man5t resid5ce2 & 7#b7 au?orize ea* ali5 grant$ an adju/m5t ( /atus "u p>agraph 7#a7 to rema9 9 ! ,unit$ ,/ates-- 7,a7 = up to #a ye> aft] ! expiration ( ! ali5's /ud5t visa "u section #aja7;a77#ae77;,f77i7 if ! ali5 is dilig5tly se>*+ = an opportunity to become actively engag$ 9 a ,,/em field2 & 7,b7 indef9itely if ! ali5 rema9s actively engag$ 9 a ,,/em field4 7b7 ,application = conditional p]man5t resid5t /atus ,e ali5 apply+ = conditional p]man5t resid5t /atus "u ?is section %all submit an application to ! ,secret>y ( ,homel& ,security be=e ! expiration ( ! ali5's /ud5t visa 9 su* =m & mann] z ! ,secret>y %all prescribe by regulation4 7c7 ,ineligibility = ,f$]al ,gov]nm5t assi/ance ,an ali5 grant$ conditional p]man5t resid5t /atus "u ?is section %all n be eligible1 :ile 9 su* /atus1 =-- 7#a7 any unemploym5t comp5sation 7z def9$ 9 section #he7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf72 or 7#b7 any ,f$]al means-te/$ public b5efit 7z t t]m is us$ 9 section #djc ( ! ,p]sonal ,responsibility & ,"w ,opportunity ,reconciliation ,act ( #aiif 7#h ,u4,s4,c4 #afac774 7d7 ,effect on naturalization resid5cy requirem5t ,an ali5 grant$ conditional p]man5t resid5t /atus "u ?is section %all be deem$ to h be5 lawfully admitt$ = p]man5t resid5ce = purposes ( meet+ ! #e-ye> resid5cy requirem5t "u section #caf7;a77#a74 7e7 ,removal ( condition ,! ,secret>y ( ,homel& ,security %all remove ! conditional basis ( an ali5's conditional p]man5t resid5t /atus "u ?is section on ! date t is #e ye>s aft] ! date su* /atus 0 grant$ if ! ali5 ma9ta9$ 8 or h] eligibility = su* /atus dur+ ! entire #e-ye> p]iod4 7f7 ,def9itions ,9 ?is section3 7#a7 ,actively engag$ 9 a ,,/em field ,! t]m actively engag$ 9 a ,,/em field-- 7,a7 means-- 7i7 ga9fully employ$ 9 a = pr(it bus9ess or nonpr(it organization 9 ! ,unit$ ,/ates 9 a ,,/em field2 7ii7 tea*+ #a or m ,,/em field c\rses at an in/itution ( high] education2 or 7iii7 employ$ by a ,f$]al1 ,/ate1 or local gov]nm5t entity2 & 7,b7 includes any p]iod ( up to #f mon?s dur+ :i* ! ali5 does n meet ! requirem5t "u subp>agraph 7,a7 if su* p]iod 0 imm$iately prec$$ by a #a-ye> p]iod dur+ :i* ! ali5 met ! requirem5t "u subp>agraph 7,a74 7#b7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #aja7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja7;a774 7#c7 ,,/em field ,! t]m ,,/em field means any field ( /udy or occupation includ$ on ! mo/ rec5t ,,/em-,designat$ ,degree ,program ,li/ publi%$ 9 ! ,f$]al ,regi/] by ! ,dep>tm5t ( ,homel& ,security 7z describ$ 9 section #bad4b7;f77#aa77;i77,c77#b7 ( title #h1 ,code ( ,f$]al ,regulations74 4 7b7 ,cl]ical am5dm5t ,! table ( cont5ts ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja note7 is am5d$ by ins]t+ aft] ! item relat+ to section #baf;,a ! foll[+3 ,sec4 #baf;,b4 ,conditional p]man5t resid5t /atus = ali5s ) an advanc$ degree 9 a ,,/em field4 4 7c7 ,gov]nm5t ,acc\ntability ,(fice /udy 7#a7 ,9 g5]al ,n lat] ?an #c ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit a report to ,congress reg>d+ ! ali5 college graduates :o 7 grant$ immigrant /atus "u section #baf;,b ( ! ,immigration & ,nationality ,act1 z add$ by subsection 7a74 7#b7 ,cont5ts ,! report requir$ "u p>agraph 7#a7 %all include-- 7,a7 ! numb] ( ali5s describ$ 9 p>agraph 7#a7 :o h e>n$ a ma/]'s degree1 brok5 d[n by ! numb] ( su* degrees 9 sci5ce1 te*nology1 eng9e]+1 & ma!matics2 7,b7 ! numb] ( ali5s describ$ 9 p>agraph 7#a7 :o h e>n$ a doctorate degree1 brok5 d[n by ! numb] ( su* degrees 9 sci5ce1 te*nology1 eng9e]+1 & ma!matics2 7,c7 ! numb] ( ali5s describ$ 9 p>agraph 7#a7 :o h f\nd$ a bus9ess 9 ! ,unit$ ,/ates 9 a ,,/em field2 7,d7 ! numb] ( ali5s describ$ 9 p>agraph 7#a7 :o are employ$ 9 ! ,unit$ ,/ates 9 a ,,/em field1 brok5 d[n by employm5t sector 7=-pr(it1 nonpr(it1 or gov]nm5t72 & 7,e7 ! numb] ( ali5s describ$ 9 p>agraph 7#a7 :o are employ$ by an in/itution ( high] education4 7#c7 ,def9itions ,! t]ms in/itution ( high] education & ,,/em field h ! mean+s giv5 su* t]ms 9 section #baf;,b7f7 ( ! ,immigration & ,nationality ,act1 z add$ by subsection 7a74 #d4 ,immigrant entrepr5eurs 7a7 ,qualifi$ ali5 entrepr5eurs 7#a7 ,admission z immigrants ,*apt] #a ( title ,,ii ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaea et seq47 is am5d$ by add+ at ! end ! foll[+3 #baj;,a4 ,qualifi$ ali5 entrepr5eurs 7a7 ,admission z immigrants ,! ,secret>y ( ,homel& ,security may issue a conditional immigrant visa1 9 accordance ) ?is section & section #baf;,a1 to n m ?an #ge1jjj qualifi$ ali5 entrepr5eurs4 7b7 ,application = conditional p]man5t resid5t /atus ,e ali5 apply+ = a conditional immigrant visa "u ?is section %all submit an application to ! ,secret>y ( ,homel& ,security 9 su* =m & mann] z ! ,secret>y %all prescribe by regulation4 7c7 ,revocation ,if1 dur+ ! #d-ye> p]iod beg9n+ on ! date on :i* an ali5 is grant$ a visa "u ?is section1 ! ,secret>y ( ,homel& ,security det]m9es t ! ali5 is no long] a qualifi$ ali5 entrepr5eur1 ! ,secret>y %all-- 7#a7 revoke su* visa2 & 7#b7 notify ! ali5 t he or %e-- 7,a7 may volunt>ily dep>t f ! ,unit$ ,/ates 9 accordance ) section #bdj;,b2 or 7,b7 w be subject to removal proce$+s "u section #bdj if ! ali5 does n dep>t f ! ,unit$ ,/ates n lat] ?an #f mon?s aft] receiv+ notification "u ?is p>agraph4 7d7 ,removal ( conditional basis ,! ,secret>y ( ,homel& ,security %all remove ! conditional basis ( ! /atus ( an ali5 issu$ an immigrant visa "u ?is section on t date t is #d ye>s aft] ! date on :i* su* visa 0 issu$ if su* visa 0 n revok$ pursuant to subsection 7c74 7e7 ,def9itions ,9 ?is section3 7#a7 ,full-"t employee ,! t]m full-"t employee means a ,unit$ ,/ates citiz5 or legal p]man5t resid5t :o is paid by ! new bus9ess entity regi/]$ by a qualifi$ ali5 entrepr5eur at a rate t is comp>able to ! m$ian income ( employees 9 ! region4 7#b7 ,qualifi$ ali5 entrepr5eur ,! t]m qualifi$ ali5 entrepr5eur means an ali5 :o-- 7,a7 at ! "t ! ali5 applies = an immigrant visa "u ?is section-- 7i7 is lawfully pres5t 9 ! ,unit$ ,/ates2 & 7ii7 7,i7 holds a nonimmigrant visa issu$ pursuant to section #aja7;a77#ae77;,h77i77b72 or 7,,ii7 holds a nonimmigrant visa issu$ pursuant to section #aja7;a77#ae77;,f77i72 7,b7 dur+ ! #a-ye> p]iod beg9n+ on ! date ! ali5 is grant$ a visa "u ?is section-- 7i7 regi/]s at lea/ #a new bus9ess entity 9 a ,/ate2 7ii7 employs1 at su* bus9ess entity 9 ! ,unit$ ,/ates1 at lea/ #b full-"t employees :o are n relatives ( ! ali52 & 7iii7 inve/s1 or raises capital inve/m5t (1 n less ?an #ajj1jjj 9 su* bus9ess entity2 & 7,c7 dur+ ! #c-ye> p]iod beg9n+ on ! la/ day ( ! #a-ye> p]iod describ$ 9 p>agraph 7#b71 employs1 at su* bus9ess entity 9 ! ,unit$ ,/ates1 an av]age ( at lea/ #e full-"t employees :o are n relatives ( ! ali54 4 7#b7 ,cl]ical am5dm5t ,! table ( cont5ts ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja note7 is am5d$ by add+ aft] ! item relat+ to section #baj ! foll[+3 ,sec4 #baj;,a4 ,qualifi$ ali5 entrepr5eurs4 4 7b7 ,conditional p]man5t resid5t /atus ,section #baf;,a ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahf;b7 is am5d$-- 7#a7 by /rik+ ,attorney ,g5]al ea* place su* t]m appe>s & ins]t+ ,secret>y ( ,homel& ,security2 7#b7 9 subsection 7b77#a77;,c71 by /rik+ #bjc7;b77#e71 & ins]t+ #bjc7;b77#e7 or #baj;,a1 z appropriate12 7#c7 9 subsection 7c77#a71 by /rik+ ali5 entrepr5eur mu/ ea* place su* t]m appe>s & ins]t+ ali5 entrepr5eur %all2 7#d7 9 subsection 7d77#a77;,b71 by /rik+ ! p]iod at ! end & ins]t+ or #baj;,a1 z appropriate42 & 7#e7 9 subsection 7f77#a71 by /rik+ ! p]iod at ! end & ins]t+ or #baj;,a44 7c7 ,gov]nm5t ,acc\ntability ,(fice /udy 7#a7 ,9 g5]al ,n lat] ?an #c ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit a report to ,congress reg>d+ ! qualifi$ ali5 entrepr5eurs :o 7 grant$ immigrant /atus "u section #baj;,a ( ! ,immigration & ,nationality ,act1 z add$ by subsection 7a74 7#b7 ,cont5ts ,! report describ$ 9 p>agraph 7#a7 %all include in=mation reg>d+-- 7,a7 ! numb] ( qualifi$ ali5 entrepr5eurs :o h receiv$ immigrant /atus "u section #baj;,a ( ! ,immigration & ,nationality ,act1 z add$ by subsection 7a71 li/$ by c\ntry ( orig92 7,b7 ! localities 9 :i* su* qualifi$ ali5 entrepr5eurs h initially settl$2 7,c7 :e!r su* qualifi$ ali5 entrepr5eurs g5]ally rema9 9 ! localities 9 :i* !y initially settle2 7,d7 ! types ( comm]cial ent]prises t su* qualifi$ ali5 entrepr5eurs h e/abli%$2 & 7,e7 ! types & numb] ( jobs creat$ by su* qualifi$ ali5 entrepr5eurs4 #e4 ,elim9ation ( ! p] c\ntry num]ical limitation = employm5t-bas$ visas 7a7 ,9 g5]al ,section #bjb7;a77#b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeb7;a77#b77 is am5d$-- 7#a7 9 ! p>agraph head+1 by /rik+ & employm5t-bas$2 7#b7 by /rik+ 7#c71 7#d71 & 7#e71 & ins]t+ 7#c7 & 7#d712 7#c7 by /rik+ subsections 7a7 & 7b7 ( section #bjc & ins]t+ section #bjc7;a72 7#d7 by /rik+ #g & ins]t+ #ae2 & 7#e7 by /rik+ su* subsections & ins]t+ su* section4 7b7 ,con=m+ am5dm5ts ,section #bjb ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeb7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#c71 by /rik+ bo? subsections 7a7 & 7b7 ( section #bjc & ins]t+ section #bjc7;a72 & 7,b7 by /rik+ p>agraph 7#e72 & 7#b7 by am5d+ subsection 7e7 to read z foll[s3 7e7 ,special rules = c\ntries at ceil+ ,if ! total numb] ( immigrant visas made available "u section #bjc7;a7 to natives ( any s+le =eign /ate or dep5d5t area w exce$ ! num]ical limitation specifi$ 9 subsection 7a77#b7 9 any fiscal ye>1 9 det]m9+ ! allotm5t ( immigrant visa numb]s to natives "u section #bjc7;a71 visa numb]s ) respect to natives ( t /ate or area %all be allocat$ 7to ! ext5t practicable & o!rwise consi/5t ) ?is section & section #bjc7 9 a mann] s t1 except z provid$ 9 subsection 7a77#d71 ! proportion ( ! visa numb]s made available "u ea* ( p>agraphs 7#a7 ?r\gh 7#d7 ( section #bjc7;a7 is equal to ! ratio ( ! total numb] ( visas made available "u ! respective p>agraph to ! total numb] ( visas made available "u section #bjc7;a74 4 7c7 ,c\ntry-,specific (fset ,section #b ( ! ,*9ese ,/ud5t ,protection ,act ( #aiib 7#h ,u4,s4,c4 #abee note7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ subsection 7e77 & ins]t+ subsection 7d772 & 7#b7 by /rik+ subsection 7d7 & r$esignat+ subsection 7e7 z subsection 7d74 7d7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,septemb] #cj1 #bjbb1 & %all apply to fiscal ye>s beg9n+ ) fiscal ye> #bjbc4 7e7 ,transition rules = employm5t-,bas$ immigrants 7#a7 ,9 g5]al ,subject to ?is subsection & not)/&+ title ,,ii ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaea et seq471 ! foll[+ rules %all apply3 7,a7 ,= fiscal ye> #bjbc1 #ae p]c5t ( ! immigrant visas made available "u ea* ( p>agraphs 7#b7 & 7#c7 ( section #bjc7;b7 ( su* ,act 7#h ,u4,s4,c4 #aaec7;b77 %all be allott$ to immigrants :o are natives ( a =eign /ate or dep5d5t area t 0 n #a ( ! #b =eign /ates ) ! l>ge/ aggregate numb]s ( natives obta9+ immigrant visas dur+ fiscal ye> #bjba "u su* p>agraphs4 7,b7 ,= fiscal ye> #bjbd1 #aj p]c5t ( ! immigrant visas made available "u ea* ( su* p>agraphs %all be allott$ to immigrants :o are natives ( a =eign /ate or dep5d5t area t 0 n #a ( ! #b =eign /ates ) ! l>ge/ aggregate numb]s ( natives obta9+ immigrant visas dur+ fiscal ye> #bjbb "u su* p>agraphs4 7,c7 ,= fiscal ye> #bjbe1 #aj p]c5t ( ! immigrant visas made available "u ea* ( su* p>agraphs %all be allott$ to immigrants :o are natives ( a =eign /ate or dep5d5t area t 0 n #a ( ! #b =eign /ates ) ! l>ge/ aggregate numb]s ( natives obta9+ immigrant visas dur+ fiscal ye> #bjbc "u su* p>agraphs4 7#b7 ,p]-c\ntry levels 7,a7 ,res]v$ visas ,) respect to ! visas res]v$ "u ea* ( subp>agraphs 7,a7 ?r\gh 7,c7 ( p>agraph 7#a71 ! numb] ( su* visas made available to natives ( any s+le =eign /ate or dep5d5t area 9 ! appropriate fiscal ye> may n exce$ #be p]c5t 79 ! case ( a s+le =eign /ate7 or #b p]c5t 79 ! case ( a dep5d5t area7 ( ! total numb] ( su* visas4 7,b7 ,unres]v$ visas ,) respect to ! immigrant visas made available "u ea* ( p>agraphs 7#b7 & 7#c7 ( section #bjc7;b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77 & n res]v$ "u p>agraph 7#a71 = ea* ( ! fiscal ye>s #bjbc1 #bjbd1 & #bjbe1 n m ?an #he p]c5t %all be allott$ to immigrants :o are natives ( any s+le =eign /ate4 7#c7 ,special rule to prev5t unus$ visas ,if1 ) respect to fiscal ye> #bjbc1 #bjbd1 or #bjbe1 ! op]ation ( p>agraphs 7#a7 & 7#b7 w\ld prev5t ! total numb] ( immigrant visas made available "u p>agraph 7#b7 or 7#c7 ( section #bjc7;b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaec7;b77 f be+ issu$1 su* visas may be issu$ dur+ ! rema9d] ( su* fiscal ye> )\t reg>d to su* p>agraphs 7#a7 & 7#b74 7#d7 ,rules = *>geability ,section #bjb7;b7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeb7;b77 %all apply 9 det]m9+ ! =eign /ate to :i* an ali5 is *>geable = purposes ( ?is subsection4 #f4 ,accel]at$ comm]cialization ( taxpay]-fund$ rese>* 7a7 ,def9itions ,9 ?is section3 7#a7 ,c\ncil ,! t]m ,c\ncil means ! ,advisory ,c\ncil on ,innovation & ,entrepr5eur%ip ( ! ,dep>tm5t ( ,comm]ce e/abli%$ pursuant to section #be7;c7 ( ! ,/ev5son-,wydl] ,te*nology ,innovation ,act ( #aihj 7#ae ,u4,s4,c4 #cgbj7;c774 7#b7 ,eligible entity ,! t]m eligible entity means-- 7,a7 an in/itution ( high] education2 or 7,b7 a v5ture developm5t organization4 7#c7 ,extramural budget 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 ! t]m extramural budget means ! sum ( ! total obligations m9us am\nts obligat$ = su* activities by employees ( ! ag5cy 9 or ?r\gh ,gov]nm5t-own$1 ,gov]nm5t-op]at$ facilities4 7,b7 ,exceptions ,! t]m extramural budget %all n include-- 7i7 ) respect to ! ,dep>tm5t ( ,en]gy1 am\nts obligat$ =-- 7,i7 atomic en]gy def5se programs solely = weapons activities2 or 7,,ii7 naval reactor programs2 & 7ii7 ) respect to ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t1 am\nts obligat$ solely =-- 7,i7 g5]al in/itutional support ( int]national rese>* c5t]s2 or 7,,ii7 grants to =eign c\ntries4 7#d7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #aja7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja7;a774 7#e7 ,nonpr(it organization ,! t]m nonpr(it organization means an entity or organization-- 7,a7 7i7 describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 & 7ii7 exempt f taxation "u #eja7;a7 ( su* ,act2 or 7,b7 describ$ 9 p>agraph 7#a7 or 7#b7 ( section #agj7;c7 ( su* ,act4 7#f7 ,rese>* or rese>* & developm5t ,! t]ms rese>* & rese>* & developm5t mean any activity t is-- 7,a7 a sy/ematic1 int5sive /udy direct$ t[>d great] k or und]/&+ ( ! subject /udi$2 7,b7 a sy/ematic /udy direct$ specifically t[>d apply+ new k to meet a recogniz$ ne$2 or 7,c7 a sy/ematic application ( k t[>d ! production ( useful mat]ials1 devices1 & sy/ems or me?ods1 includ+ design1 developm5t1 & improvem5t ( prototypes & new processes to meet specific requirem5ts4 7#g7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,comm]ce4 7#h7 ,/ate organization ,! t]m ,/ate organization means an entity t has be5 creat$ by-- 7,a7 a ,/ate2 7,b7 ! ,commonweal? ( ,pu]to ,rico2 or 7,c7 ! ,di/rict ( ,columbia4 7#i7 ,v5ture developm5t organization ,! t]m v5ture developm5t organization means a ,/ate or nonpr(it organization t contributes to regional or sector-bas$ economic prosp]ity by provid+ a portfolio ( s]vices int5d$ to accompli% at lea/ #c ( ! foll[+ purposes3 7,a7 ,accel]at+ ! comm]cialization ( rese>* or rese>* & developm5t4 7,b7 ,assi/+ 9 ! creation ( high-gr[? private ent]prises t are comm]cializ+ te*nology4 7,c7 ,/r5g!n+ ! competitive position ( exi/+ small- & m$ium-siz$ ent]prises ?r\gh ! developm5t1 comm]cial adoption1 or deploym5t ( te*nology4 7,d7 ,provid+ exp]t assi/ance to-- 7i7 private companies2 7ii7 faculty1 /aff1 & /ud5ts ( in/itutions ( high] education :o are comm]cializ+ new products or s]vices2 or 7iii7 entrepr5eurs :o are comm]cializ+ new products or s]vices4 7,e7 ,provid+ f9ancial grants1 loans1 or direct f9ancial inve/m5t 9 companies t are comm]cializ+ te*nology4 7b7 ,grant program au?oriz$ 7#a7 ,9 g5]al ,ea* ,f$]al ag5cy t has an extramural budget = rese>* or rese>* & developm5t t is 9 excess ( #ajj1jjj1jjj = ea* ( ! fiscal ye>s #bjbc ?r\gh #bjbg1 %all transf] #j4ae p]c5t ( su* extramural budget = ea* ( su* fiscal ye>s to ! ,secret>y to enable ! ,secret>y to c>ry out a grant program 9 accordance ) ?is subsection4 7#b7 ,grants 7,a7 ,aw>d+ ( grants 7i7 ,9 g5]al ,f funds transf]r$ pursuant to p>agraph 7#a71 ! ,secret>y %all use ! crit]ia develop$ by ! ,c\ncil to aw>d grants to eligible entities = initiatives to improve comm]cialization & transf] ( te*nology4 7ii7 ,reque/ = proposals ,n lat] ?an #cj days aft] ! ,c\ncil submits ! recomm5dations = crit]ia to ! ,secret>y "u subsection 7c77#d77;,b71 & annually !reaft] = ea* fiscal ye> = :i* ! grant program is au?oriz$1 ! ,secret>y %all release a reque/ = proposals4 7iii7 ,applications ,eligible entities t desire to receive a grant "u ?is subsection %all submit an application to ! ,secret>y n lat] ?an #ij days aft] ! ,secret>y releases ! reque/ = proposals "u clause 7ii74 7iv7 ,c\ncil review 7,i7 ,9 g5]al ,! ,secret>y %all submit ea* application receiv$ "u clause 7iii7 to ! ,c\ncil = ,c\ncil review4 7,,ii7 ,recomm5dations ,! ,c\ncil %all review ea* application receiv$ "u subclause 7,i7 & submit recomm5dations = grant aw>ds to ! ,secret>y1 includ+ fund+ recomm5dations = ea* proposal4 7,,iii7 ,public release ,! ,c\ncil %all publicly release any recomm5dations made "u subclause 7,,ii74 7,,iv7 ,consid]ation ( recomm5dations ,9 aw>d+ grants "u ?is subsection1 ! ,secret>y %all take into consid]ation ! recomm5dations ( ! ,c\ncil "u subclause 7,,ii74 7,b7 ,comm]cialization capacity build+ grants 7i7 ,9 g5]al ,! ,secret>y %all aw>d grants to eligible entities to support specific innovative initiatives to improve ! regional capacity = private companies1 faculty1 /aff1 & /ud5ts ( in/itutions ( high] education1 or entrepr5eurs to comm]cialize te*nology orig9at+ f f$]ally fund$ rese>*4 7ii7 ,cont5t ( proposals ,grants %all be aw>d$ "u ?is subp>agraph =-- 7,i7 proposals demon/rat+ ! capacity = accel]at$ comm]cialization1 pro(-(-concept pr(ici5cy1 & translat+ sci5tific discov]ies & cutt+-edge inv5tions into te*nological innovations & new companies2 & 7,,ii7 innovative approa*es to a*iev+ ! goals ref]r$ to 9 subclause 7,i7 t c be replicat$ by o!r in/itutions ( high] education or v5ture developm5t organizations if ! innovative approa*es are successful4 7#c7 ,assessm5t ( success ,grants aw>d$ "u ?is subsection %all use crit]ia = assess+ ! success ( programs ?r\gh ! e/abli%m5t ( b5*m>ks4 7#d7 ,t]m9ation ,! ,secret>y is au?oriz$ to t]m9ate grant fund+ to an eligible entity 9 accordance ) ! process & p]=mance metrics recomm5d$ by ! ,c\ncil4 7#e7 ,limitations 7,a7 ,project managem5t co/s ,a grant recipi5t may use n m ?an #aj p]c5t ( grant funds aw>d$ "u ?is subsection = ! purpose ( fund+ project managem5t co/s ( ! grant program4 7,b7 ,supplem5t1 n supplant ,an eligible entity t receives a grant "u ?is subsection %all use ! grant funds to supplem5t1 & n to supplant1 non-,f$]al funds t w\ld1 9 ! abs5ce ( su* grant funds1 be made available = activities describ$ 9 ?is section4 7#f7 ,unsp5t funds ,any funds transf]r$ to ! ,secret>y "u p>agraph 7#a7 = a fiscal ye> t are n exp5d$ by ! end ( su* fiscal ye> may be exp5d$ 9 any subsequ5t fiscal ye> ?r\gh fiscal ye> #bjbg4 ,any funds transf]r$ "u p>agraph 7#a7 t are rema9+ at ! end ( ! grant program's au?orization "u ?is subsection %all be transf]r$ to ! ,treasury = deficit r$uction4 7c7 ,c\ncil 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,c\ncil %all conv5e & develop recomm5dations = crit]ia 9 aw>d+ grants to eligible entities "u subsection 7b74 7#b7 ,submission to dep>tm5t ( comm]ce & public release ,! ,c\ncil %all-- 7,a7 submit ! recomm5dations describ$ 9 p>agraph 7#a7 to ! ,secret>y2 & 7,b7 release ! recomm5dations to ! public4 7#c7 ,majority vote ,! recomm5dations submitt$ by ! ,c\ncil "u p>agraph 7#b7 %all be det]m9$ by a majority vote ( ,c\ncil memb]s4 7#d7 ,p]=mance metrics ,! ,c\ncil %all develop & provide to ! ,secret>y recomm5dations on p]=mance metrics to be us$ to evaluate grants aw>d$ "u subsection 7b74 7#e7 ,evaluation 7,a7 ,9 g5]al ,n lat] ?an #ahj days be=e ! expiration ( ! grant program au?oriz$ "u subsection 7b71 ! ,c\ncil %all evaluate ! effect ( ! grant program on accel]at+ ! comm]cialization ( te*nology orig9at+ f f$]ally fund$ rese>* or rese>* & developm5t4 7,b7 ,inclusions ,! evaluation "u subp>agraph 7,a7 %all include-- 7i7 ! recomm5dation ( ! ,c\ncil z to :e!r ! grant program %\ld be cont9u$ or t]m9at$2 7ii7 quantitative data relat$ to ! effect1 if any1 t ! grant program has _h on accel]at+ ! comm]cialization ( te*nology orig9at+ f f$]ally fund$ rese>* & rese>* & developm5t2 & 7iii7 a description ( ! lessons le>n$ 9 adm9i/]+ ! grant program1 & h[ su* lessons c\ld be appli$ to future ef=ts to accel]ate ! comm]cialization ( te*nology orig9at+ f f$]ally fund$ rese>* or rese>* & developm5t4 7,c7 ,availability ,! results ( ! evaluation "u subp>agraph 7,a7 %all be made available on a public website & submitt$ to ,congress4 ,! ,secret>y %all notify all in/itutions ( high] education :5 ! evaluation is publi%$ & h[ x c be access$4 7d7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ to alt]1 modify1 or am5d any provision ( *apt] #ah ( title #ce1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,bayh-,dole ,act74 #g4 ,regional innovation clu/]s 7a7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration4 7#b7 ,alaska ,native ,corporation ,! t]m ,alaska ,native ,corporation has ! mean+ giv5 ! t]m ,native ,corporation 9 section #c ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afjb74 7#c7 ,aw>d ,! t]m aw>d means a contract1 grant1 or coop]ative agreem5t4 7#d7 ,clu/] initiative ,! t]m ,clu/] ,initiative means a =mally organiz$ ef=t to promote ! gr[? & competitiv5ess ( an indu/ry sector ?r\gh collaborative activities among ,indu/ry ,clu/] p>ticipants t is l$ by-- 7,a7 a ,/ate2 7,b7 an ,indian ,tribe1 an ,alaska ,native ,corporation1 or a ,native ,hawaiian ,organization2 7,c7 a city or o!r political subdivision ( a ,/ate2 7,d7 a nonpr(it organization1 includ+ an in/itution ( high] education or a v5ture developm5t organization2 or 7,e7 a small bus9ess conc]n4 7#e7 ,indu/ry clu/] ,! t]m ,indu/ry ,clu/] means a geographic conc5tration1 relative to ! size ( ! region "u consid]ation1 ( int]connect$ bus9esses1 suppli]s1 s]vice provid]s1 & associat$ in/itutions 9 an indu/ry sector1 includ+ advanc$ manufactur+1 precision agriculture1 cyb]security1 biosci5ces1 wat] te*nologies1 en]gy production & effici5cy1 & outdoor recreation4 7#f7 ,indian ,tribe ,! t]m ,indian ,tribe has ! mean+ giv5 ! t]m ,indian tribe 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd74 7#g7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja74 7#h7 ,native ,hawaiian ,organization ,! t]m ,native ,hawaiian ,organization has ! mean+ giv5 ! t]m 9 section #h7;a77#ae7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;a77#ae774 7#i7 ,small bus9ess conc]n ,! t]m small bus9ess conc]n has ! mean+ giv5 ! t]m 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb74 7#aj7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates ( ! ,unit$ ,/ates1 ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,pu]to ,rico1 ! ,unit$ ,/ates ,virg9 ,isl&s1 ,guam1 ,am]ican ,samoa1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 & any o!r t]ritory or possession ( ! ,unit$ ,/ates4 7b7 ,support+ indu/ry clu/]s 7#a7 ,au?orization ,! ,adm9i/rator %all make aw>ds to ,clu/] ,initiatives t /r5g!n ,indu/ry ,clu/]s 9 accordance ) ! requirem5ts "u ?is subsection4 7#b7 ,indu/ry clu/] outcomes ,clu/] ,initiatives %all be assess$ accord+ to _! p]=mance along ! foll[+ metrics3 7,a7 ,gr[? 9 numb] ( small bus9ess conc]ns p>ticipat+ 9 ! ,indu/ry ,clu/] & support indu/ries4 7,b7 ,gr[? 9 numb] ( small bus9ess conc]n />tups 9 ! ,indu/ry ,clu/]4 7,c7 ,gr[? 9 total capital1 includ+ rev5ue & equity inve/m5ts1 fl[+ to small bus9ess conc]n p>ticipants 9 ! ,indu/ry ,clu/]4 7,d7 ,gr[? 9 job creation by small bus9ess conc]ns or1 9 regions ) decl9+ total employm5t1 job ret5tion by small bus9ess conc]ns 9 ! ,indu/ry ,clu/]4 7,e7 ,gr[? 9 new products1 s]vices1 or bus9ess l9es4 7,f7 ,gr[? 9 new te*nologies develop$ )9 ! ,indu/ry ,clu/]4 7#c7 ,report+ ,! ,adm9i/rator %all require ,clu/] ,initiatives to submit annual reports docum5t+ ! outcomes "u p>agraph 7#b7 & ! activities contribut+ to su* outcomes4 7#d7 ,selection crit]ia ,9 mak+ aw>ds to ,clu/] ,initiatives "u ?is subsection1 ! ,adm9i/rator %all consid]-- 7,a7 ! probable impact ( ! ,clu/] ,initiative on ! competitiv5ess ( ! ,indu/ry ,clu/]1 includ+-- 7i7 :e!r ! ,clu/] ,initiative w be inclusive ( any & all organizations t might b5efit f p>ticipation1 includ+ />tups1 small bus9ess conc]ns n locally own$1 & small bus9ess conc]ns rival to exi/+ memb]s ( ! ,indu/ry ,clu/]2 & 7ii7 :e!r ! ,clu/] ,initiative w enc\rage broad p>ticipation by & collaboration among all types ( p>ticipants2 7,b7 if ! propos$ ,clu/] ,initiative fits )9 a broad] & a*ievable economic developm5t /rategy2 7,c7 ! capacity & commitm5t ( ! sponsor+ organization ( ! ,clu/] ,initiative organization1 includ+-- 7i7 ! expect$ ability ( ! ,clu/] ,initiative to access additional funds f o!r s\rces2 & 7ii7 ! capacity ( ! ,clu/] ,initiative to su/a9 activities once grant funds h be5 exp5d$2 7,d7 ! degree ( involvem5t f relevant ,/ate & regional economic & work=ce developm5t organizations1 o!r public purpose in/itutions 7su* z univ]sities1 community colleges1 v5ture developm5t organizations1 & work=ce bo>ds71 & ! private sector1 includ+ indu/ry associations2 7,e7 ! ext5t to :i* economic div]sity across regions ( ! ,unit$ ,/ates w\ld be increas$ ?r\gh ! aw>d2 & 7,f7 ! geographic di/ribution ( ,clu/] ,initiatives ar\nd ! ,unit$ ,/ates4 7#e7 ,initial aw>d ,! ,adm9i/rator may make a #a-ye> aw>d 7n to exce$ #a1jjj1jjj7 ) ea* ,clu/] ,initiative4 7#f7 ,r5ewal 7,a7 ,9 g5]al ,! ,adm9i/rator may r5ew an aw>d made to a ,clu/] ,initiative "u p>agraph 7#e7-- 7i7 = #a ye> 9 an am\nt n to exce$ #gej1jjj p] ye>2 & 7ii7 = a total p]iod n to exce$ #e ye>s4 7,b7 ,requirem5t ,a ,clu/] ,initiative %all compete 9 a new fund+ opportunity to receive any fur!r aw>ds "u ?is subsection4 7#g7 ,mat*+ funds 7,a7 ,9 g5]al ,z a condition ( receiv+ an aw>d "u ?is subsection1 a ,clu/] ,initiative %all provide #a 9 non-,f$]al mat*+ funds1 includ+ 9-k9d contributions1 = e #b receiv$ "u ! aw>d4 7,b7 ,waiv] ,! ,adm9i/rator may waive "p ( ! mat*+ funds requirem5t "u subp>agraph 7,a7 = a ,clu/] ,initiative t-- 7i7 has n previ\sly receiv$ an aw>d "u ?is subsection2 or 7ii7 supports a noncore area1 a micropolitan area1 or a small metropolitan /ati/ical area ) a population ( n m ?an #bjj1jjj4 7#h7 ,competitive process ,! ,adm9i/rator %all ent] into new aw>ds "u ?is subsection = ea* ye> t appropriations are available4 7c7 ,feasibility /udy aw>ds 7#a7 ,9 g5]al ,! ,adm9i/rator may make aw>ds = feasibility /udies1 plann+1 & op]ations to support ! laun* ( new ,clu/] ,initiatives4 7#b7 ,am\nt ,! total am\nt ( aw>ds made "u p>agraph 7#a7 %all n exce$ #bej1jjj4 7#c7 ,eligible recipi5ts ,! ,adm9i/rator may make aw>ds "u p>agraph 7#a7 to-- 7,a7 a ,/ate2 7,b7 an ,indian ,tribe1 an ,alaska ,native ,corporation1 or a ,native ,hawaiian ,organization2 7,c7 a city or o!r political subdivision ( a ,/ate2 7,d7 a nonpr(it organization1 includ+ an in/itution ( high] education or a v5ture developm5t organization2 or 7,e7 a consortium consi/+ ( entities describ$ 9 subp>agraphs 7,a7 ?r\gh 7,d74 7d7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ #ej1jjj1jjj = fiscal ye> #bjbc & = ea* subsequ5t fiscal ye> to c>ry out ?is section4 #h4 ,economic impact ( significant ,f$]al ag5cy rules ,section #eec ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7f7 ,requir$ review be=e issuance ( significant rules 7#a7 ,def9$ t]m ,9 ?is subsection ! t]m significant rule means a rule t is likely-- 7,a7 to h an annual effect on ! economy ( #ajj1jjj1jjj or m2 7,b7 to adv]sely affect1 9 a mat]ial way1 ! economy1 a sector ( ! economy1 productivity1 competition1 jobs1 ! environm5t1 public heal? or safety1 or ,/ate1 local1 or tribal gov]nm5ts or communities2 or 7,c7 to create a s]i\s inconsi/5cy or o!rwise int]f]e ) an action tak5 or plann$ by ano!r ag5cy4 7#b7 ,review ,be=e issu+ a notice ( propos$ rulemak+ 9 ! ,f$]al ,regi/] reg>d+ ! issuance ( a significant rule1 ! head ( ! ,f$]al ag5cy or indep5d5t regulatory ag5cy seek+ to issue ! rule %all complete a review1 to ! ext5t p]mitt$ by law1 t-- 7,a7 analyzes ! problem t ! propos$ rule int5ds to address1 includ+-- 7i7 ! specific m>ket failure1 su* z ext]nalities1 m>ket p[]1 or lack ( in=mation1 t ju/ifies su* rule2 or 7ii7 any o!r specific problem1 su* z ! failures ( public in/itutions1 t ju/ifies su* rule2 7,b7 analyzes ! expect$ impact ( ! propos$ rule on ! ability ( new bus9esses to =m & exp&2 7,c7 id5tifies ! expect$ impact ( ! propos$ rule on ,/ate1 local1 & tribal gov]nm5ts1 includ+ ! availability ( res\rces-- 7i7 to c>ry out ! m&ates impos$ by ! rule on su* gov]nm5t entities2 & 7ii7 to m9imize ! burd5s t uniquely or significantly affect su* gov]nm5tal entities1 consi/5t ) a*iev+ regulatory objectives2 7,d7 id5tifies any conflict+ or duplicative regulations2 7,e7 det]m9es-- 7i7 if exi/+ laws or regulations creat$1 or contribut$ to1 ! problem t ! new rule is int5d$ to correct2 & 7ii7 if ! laws or regulations ref]r$ to 9 clause 7i7 %\ld be modifi$ to m effectively a*ieve ! int5d$ goal ( ! rule2 & 7,f7 includes ! co/-b5efit analysis describ$ 9 p>agraph 7#c74 7#c7 ,co/-b5efit analysis ,a co/-b5efit analysis describ$ 9 ?is p>agraph %all include-- 7,a7 7i7 an assessm5t1 includ+ ! und]ly+ analysis1 ( b5efits anticipat$ f ! propos$ rule1 su* z-- 7,i7 promot+ ! effici5t function+ ( ! economy & private m>kets2 7,,ii7 enhanc+ heal? & safety2 7,,iii7 protect+ ! natural environm5t2 & 7,,iv7 elim9at+ or r$uc+ discrim9ation or bias2 & 7ii7 ! quantification ( ! b5efits describ$ 9 clause 7i71 to ! ext5t feasible2 7,b7 7i7 an assessm5t1 includ+ ! und]ly+ analysis1 ( co/s anticipat$ f ! propos$ rule1 su* z-- 7,i7 ! direct co/s to ! ,f$]al ,gov]nm5t to adm9i/] ! rule2 7,,ii7 ! direct co/s to bus9esses & o!rs to comply ) ! rule2 & 7,,iii7 any adv]se effects on ! effici5t function+ ( ! economy1 private m>kets 7includ+ productivity1 employm5t1 & competitiv5ess71 heal?1 safety1 & ! natural environm5t2 & 7ii7 ! quantification ( ! co/s describ$ 9 clause 7i71 to ! ext5t feasible2 7,c7 7i7 an assessm5t1 includ+ ! und]ly+ analysis1 ( co/s & b5efits ( pot5tially effective & reasonably feasible alt]natives to ! propos$ rule1 :i* h be5 id5tifi$ by ! ag5cy or by ! public1 includ+ tak+ reasonably viable nonregulatory actions2 & 7ii7 an explanation ( :y ! propos$ rule is pref]able to ! alt]natives id5tifi$ "u clause 7i74 7#d7 ,report ,be=e issu+ a notice ( propos$ rulemak+ 9 ! ,f$]al ,regi/] reg>d+ ! issuance ( a significant rule1 ! head ( ! ,f$]al ag5cy or indep5d5t regulatory ag5cy seek+ to issue ! rule %all-- 7,a7 submit ! results ( ! review conduct$ "u p>agraph 7#b7 to ! appropriate congressional committees2 & 7,b7 po/ ! results ( ! review conduct$ "u p>agraph 7#b7 on a publicly available website4 7#e7 ,judicial review ,any det]m9ations made1 or o!r actions tak51 by an ag5cy or indep5d5t regulatory ag5cy "u ?is subsection %all n be subject to judicial review4 4 #i4 ,f$]al & ,/ate ,te*nology ,p>tn]%ip ,program ,section #cd ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #feg;d7 is am5d$-- 7#a7 9 subsection 7c7-- 7,a7 by /rik+ p>agraph 7#c72 & 7,b7 by r$esignat+ p>agraphs 7#d7 & 7#e7 z p>agraphs 7#c7 & 7#d71 respectively2 7#b7 9 subsection 7h77#a71 by /rik+ #aj1jjj1jjj = ea* ( fiscal ye>s #bjja ?r\gh #bjje & ins]t+ #ej1jjj1jjj = ea* ( ! fiscal ye>s #bjbc ?r\gh #bjbg2 & 7#c7 by /rik+ subsection 7i74 #aj4 ,bi5nial ,/ate />tup bus9ess report 7a7 ,data collection ,! ,secret>y ( ,comm]ce %all regul>ly compile in=mation f ea* ( ! #ej ,/ates & ! ,di/rict ( ,columbia on ,/ate laws t affect ! =mation & gr[? ( new bus9esses )9 ! ,/ate or ,di/rict4 7b7 ,report ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ?is ,act1 & e #b ye>s !reaft]1 ! ,secret>y ( ,comm]ce1 us+ data compil$ "u subsection 7a71 %all prep>e a report t-- 7#a7 analyzes ! economic effect ( ,/ate & ,di/rict laws t ei!r enc\rage or inhibit bus9ess =mation & gr[?2 & 7#b7 ranks ! ,/ates & ! ,di/rict bas$ on ! effectiv5ess ) :i* _! laws fo/] new bus9ess creation & economic gr[?4 7c7 ,di/ribution ,! ,secret>y ( ,comm]ce %all-- 7#a7 submit ea* report prep>$ "u subsection 7b7 to ,congress2 & 7#b7 make ea* report available to ! public on ! website ( ! ,dep>tm5t ( ,comm]ce4 7d7 ,inclusion ( l>ge metropolitan areas ,n lat] ?an #ij days aft] ! submission ( ! fir/ report "u ?is section1 ! ,secret>y ( ,comm]ce %all submit to ,congress a /udy on ! feasibility & advisability ( includ+1 9 future reports1 in=mation ab\t ! effect ( local laws & ord9ances on ! =mation & gr[? ( new bus9esses 9 l>ge metropolitan areas )9 ! ,unit$ ,/ates4 7e7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is section4 #aa4 ,new bus9ess =mation report 7a7 ,9 g5]al ,! ,secret>y ( ,comm]ce %all regul>ly compile quantitative & qualitative in=mation on bus9esses 9 ! ,unit$ ,/ates t are n m ?an #a ye> old4 7b7 ,data collection ,! ,secret>y ( ,comm]ce %all-- 7#a7 regul>ly compile in=mation f ! ,bureau ( ! ,c5sus' bus9ess regi/] on new bus9ess =mation 9 ! ,unit$ ,/ates2 & 7#b7 conduct qu>t]ly surveys ( bus9ess own]s :o />t a bus9ess dur+ ! #a-ye> p]iod end+ on ! date on :i* su* survey is conduct$ to ga!r qualitative in=mation ab\t ! factors t influ5c$ _! decision to />t ! bus9ess4 7c7 ,r&om sampl+ ,9 conduct+ surveys "u subsection 7b77#b71 ! ,secret>y may use r&om sampl+ to id5tify a gr\p ( bus9ess own]s :o are repres5tative ( all ! bus9ess own]s describ$ 9 subsection 7b77#b74 7d7 ,b5efits ,! ,secret>y ( ,comm]ce %all in=m bus9ess own]s select$ to p>ticipate 9 a survey conduct$ "u ?is section ( ! b5efits !y w\ld receive f p>ticipat+ 9 ! survey4 7e7 ,volunt>y p>ticipation ,bus9ess own]s select$ to p>ticipate 9 a survey conduct$ "u ?is section may decl9e to p>ticipate )\t p5alty4 7f7 ,report ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ?is ,act1 & e #c mon?s !reaft]1 ! ,secret>y ( ,comm]ce %all use ! data compil$ "u subsection 7b7 to prep>e a report t-- 7#a7 li/s ! aggregate numb] ( new bus9esses =m$ 9 ! ,unit$ ,/ates2 7#b7 li/s ! aggregate numb] ( p]sons employ$ by new bus9esses =m$ 9 ! ,unit$ ,/ates2 7#c7 analyzes ! payroll ( new bus9esses =m$ 9 ! ,unit$ ,/ates2 7#d7 summ>izes ! data collect$ "u subsection 7b72 & 7#e7 id5tifies ! mo/ effective means by :i* gov]nm5t (ficials c enc\rage ! =mation & gr[? ( new bus9esses 9 ! ,unit$ ,/ates4 7g7 ,di/ribution ,! ,secret>y ( ,comm]ce %all-- 7#a7 submit ea* report prep>$ "u subsection 7f7 to ,congress2 & 7#b7 make ea* report available to ! public on ! website ( ! ,dep>tm5t ( ,comm]ce4 7h7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is section4 #ab4 ,rescission ( unsp5t ,f$]al funds 7a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ( all available unobligat$ funds = fiscal ye> #bjbb1 ! am\nt necess>y to c>ry out ?is ,act & ! am5dm5ts made by ?is ,act 9 appropriat$ discretion>y funds are h]eby resc9d$4 7b7 ,implem5tation ,! ,director ( ! ,(fice ( ,managem5t & ,budget %all det]m9e & id5tify f :i* appropriation acc\nts ! rescission "u subsection 7a7 %all apply & ! am\nt ( su* rescission t %all apply to ea* su* acc\nt4 7c7 ,report ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,director ( ! ,(fice ( ,managem5t & ,budget %all submit a report to ! ,secret>y ( ! ,treasury & ,congress ( ! acc\nts & am\nts det]m9$ & id5tifi$ = rescission "u subsection 7b74