,,ii #aai? ,,congress #a/ ,session ,s4 #baid ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #bf 7legislative day1 ,june #bd71 #bjbe,mr4 ,cornyn 7= himself1 ,mr4 ,w>n]1 ,mr4 ,kelly1 & ,mr4 ,lank=d7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,select ,committee on ,intellig5ce ,a ,,bill ,to e/abli% ! ,intellig5ce ,community ,te*nology ,bridge ,fund1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,intellig5ce ,community ,te*nology ,bridge ,act ( #bjbe4 #b4 ,intellig5ce ,community ,te*nology ,bridge ,fund 7a7 ,def9itions ,9 ?is section3 7#a7 ,congressional intellig5ce committees ,! t]m congressional intellig5ce committees has ! mean+ giv5 su* t]m 9 section #c ( ! ,national ,security ,act ( #aidg 7#ej ,u4,s4,c4 #cjjc74 7#b7 ,intellig5ce community ,! t]m intellig5ce community has ! mean+ giv5 su* t]m 9 su* section4 7#c7 ,nonpr(it organization ,! t]m nonpr(it organization means an organization t is describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & t is exempt f tax "u section #eja7;a7 ( su* ,code4 7b7 ,e/abli%m5t ( fund ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a fund to be kn[n z ! ,intellig5ce ,community ,te*nology ,bridge ,fund 79 ?is subsection ref]r$ to z ! ,fund7 to assi/ 9 ! transition+ ( products or s]vices f ! rese>* & developm5t phase to ! prototype or production phase4 7c7 ,cont5ts ( ,fund ,! ,fund %all consi/ ( am\nts appropriat$ to ! ,fund1 & am\nts 9 ! ,fund %all rema9 available until exp5d$4 7d7 ,availability & use ( ,fund 7#a7 ,9 g5]al ,subject to p>agraph 7#c71 am\nts 9 ! ,fund %all be available to ! ,director ( ,national ,intellig5ce to make available to ! heads ( ! elem5ts ( ! intellig5ce community to provide assi/ance to a bus9ess or nonpr(it organization t is transition+ a product or s]vice to ! prototype or production phase z a means ( advanc+ gov]nm5t acquisitions ( ! product or s]vice4 7#b7 ,types ( assi/ance ,assi/ance provid$ "u p>agraph 7#a7 may be di/ribut$ z funds 9 ! =m ( a grant1 a paym5t = a product or s]vice1 or a paym5t = equity4 7#c7 ,requirem5ts = funds ,assi/ance may be provid$ "u p>agraph 7#a7 to a bus9ess or nonpr(it organization t is transition+ a product or s]vice only if-- 7,a7 ! bus9ess or nonpr(it organization is "u contract1 agreem5t1 or o!r engagem5t ) an elem5t ( ! intellig5ce community = rese>* & developm5t2 & 7,b7 ! ,director ( ,national ,intellig5ce or ! head ( an elem5t ( ! intellig5ce community atte/s t ! product or s]vice w be utiliz$ by an elem5t ( ! intellig5ce community = a mission ne$1 su* z because x w\ld be valuable 9 address+ a ne$$ capability1 fill or complem5t a te*nology gap1 or increase ! suppli] base or price-competitiv5ess = ! ,f$]al ,gov]nm5t4 7#d7 ,priority = small bus9ess conc]ns & nontraditional contractors ,9 provid+ assi/ance "u p>agraph 7#a71 ! ,director %all limit ! provision ( assi/ance to small bus9ess conc]ns 7z def9$ "u section #c7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7;a777 & nontraditional def5se contractors 7z def9$ 9 section #cjad ( title #aj1 ,unit$ ,/ates ,code74 7e7 ,adm9i/ration ( ,fund 7#a7 ,9 g5]al ,! ,fund %all be adm9i/]$ by ! ,director ( ,national ,intellig5ce4 7#b7 ,consultation ,9 adm9i/]+ ! ,fund1 ! ,director-- 7,a7 %all consult ) ! heads ( ! elem5ts ( ! intellig5ce community2 & 7,b7 may consult ) ! ,def5se ,advanc$ ,rese>* ,projects ,ag5cy1 ,intellig5ce ,advanc$ ,rese>* ,projects ,activity1 ,national ,laboratories intellig5ce community laboratories1 ! ,nor? ,atlantic ,treaty ,organization ,inve/m5t ,fund1 ! ,def5se ,innovation ,unit1 & su* o!r entities z ! ,director deems appropriate4 7f7 ,annual reports 7#a7 ,9 g5]al ,n lat] ?an ,septemb] #cj1 #bjbf1 & ea* fiscal ye> !reaft]1 ! ,director %all submit to ! congressional intellig5ce committees a report on ! ,fund4 7#b7 ,cont5ts ,ea* report submitt$ pursuant to p>agraph 7#a7 %all include1 = ! p]iod cov]$ by ! report1 in=mation ab\t ! foll[+3 7,a7 ,h[ mu* 0 exp5d$ or obligat$ us+ am\nts f ! ,fund4 7,b7 ,= :at ! am\nts 7 exp5d$ or obligat$4 7,c7 ,! effects ( su* exp5ditures & obligations4 7,d7 ,a summ>y ( annual transition activities & outcomes ( su* activities = ! intellig5ce community4 7g7 ,au?orization ( appropriations 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 !re is au?oriz$ to be appropriat$ to ! ,fund #ge1jjj1jjj = fiscal ye> #bjbf & = ea* fiscal ye> !reaft]4 7#b7 ,limitation ,! am\nt 9 ! ,fund %all n exce$ #ge1jjj1jjj at any "t4