,,ii #aai? ,,congress #a/ ,session ,s4 #bfif ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #c1 #bjbe,mr4 ,padilla 7= himself & ,mr4 ,"y7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ,a ,,bill ,to e/abli% a ,f\ndation = ,enabl+ ,biote*nology ,innovation4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,f\ndation = ,enabl+ ,biote*nology ,innovation ,act4 #b4 ,f\ndation = ,enabl+ ,biote*nology ,innovation 7a7 ,e/abli%m5t ,! ,director ( ! ,national ,sci5ce ,f\ndation %all e/abli% a nonpr(it f\ndation to be kn[n z ! ,f\ndation = ,enabl+ ,biote*nology ,innovation4 7b7 ,mission ,! mission ( ! ,f\ndation = ,enabl+ ,biote*nology ,innovation 7ref]r$ to 9 ?is ,act z ! ,f\ndation7 %all be to accel]ate comm]cialization ( biote*nology products 9 ! ,unit$ ,/ates by support+ & enhanc+ ! capacity ( ,f$]al ag5cies & fo/]+ collaboration across sectors4 7c7 ,activities ,9 c>ry+ out its mission "u subsection 7b71 ! ,f\ndation may c>ry out ! foll[+3 7#a7 ,promote public-private p>tn]%ips t lev]age exp]tise & res\rces across sectors to fo/] innovation & address *all5ges 9 comm]cialization ( biote*nology products4 7#b7 ,conv5e relevant /akehold]s to develop exp]t recomm5dations on biote*nology comm]cialization1 includ+ horizon scann+ = em]g+ te*nologies & regulation ( novel products t may be comm]cializ$ 9 ! future4 7#c7 ,advance collaboration & dialogue betwe5 ,f$]al ag5cies t contribute to comm]cialization ( biote*nology & relevant /akehold]s1 includ+ indu/ry1 in/itutions ( high] education1 & nonpr(it & philan?ropic organizations4 7#d7 ,support & conduct public engagem5t1 education1 & outrea* activities ab\t innovation1 regulation1 comm]cialization1 & use ( biote*nology products1 includ+ to evaluate efficacy ( communication me?ods4 7#e7 ,facilitate m>ket access = ,unit$ ,/ates biote*nology products1 includ+ ?r\gh int]national engagem5t1 comm]cial & regulatory diplomacy1 & developm5t ( %>$ norms & /&>ds4 7#f7 ,support /udies1 projects1 & rese>* on topics su* z m>ket acceptance & regulatory process improvem5t1 includ+ ?r\gh direct fund+1 grants1 competitions1 & o!r me?ods4 7#g7 ,develop & implem5t education & fell[%ip programs1 :i* may include-- 7,a7 %ort c\rses on biote*nology product comm]cialization2 7,b7 %ad[+ exp]i5ces ) relevant ,f$]al ag5cies2 7,c7 cap/one projects1 9 :i* p>ticipants develop ideas to advance biote*nology comm]cialization2 & 7,d7 support = p>ticipants su* z /ip5ds1 travel1 heal? insurance1 pr(essional developm5t1 & o!r appropriate exp5ditures z det]m9$ appropriate by ! ,f\ndation4 7#h7 ,provide direct support to ,f$]al ag5cies = discrete or ongo+ projects4 7#i7 ,conduct o!r activities z det]m9$ necess>y by ! ,f\ndation to c>ry out its mission4 7d7 ,limitation ,! ,f\ndation %all n be an ag5cy or in/rum5tality ( ! ,f$]al ,gov]nm5t & ! ,f\ndation %all n conduct any regulation ( biote*nology products or any o!r products4 7e7 ,support ,! ,f\ndation may receive1 adm9i/]1 solicit1 accept1 & use funds1 gifts1 devises1 or beque/s1 ei!r absolutely or 9 tru/ ( real or p]sonal prop]ty or any income !refrom or o!r int]e/ !re9 to support activities "u subsection 7c71 except t ?is subsection %all n apply if any ( su* is f a =eign c\ntry ( conc]n or a =eign entity ( conc]n4 7f7 ,tax exempt /atus ,! ,bo>d ( ! ,f\ndation = ,enabl+ ,biote*nology ,innovation %all take all necess>y & appropriate /eps to ensure ! ,f\ndation is an organization describ$ 9 section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 & exempt f taxation "u section #eja7;a7 ( su* ,code4 7g7 ,bo>d ( directors 7#a7 ,e/abli%m5t ,! ,f\ndation = ,enabl+ ,biote*nology ,innovation %all be gov]n$ by a ,bo>d ( ,directors 7ref]r$ to 9 ?is section z ! ,bo>d74 7#b7 ,composition ,! ,bo>d %all be compos$ ( ! foll[+3 7,a7 ,n few] ?an #e vot+ memb]s describ$ 9 p>agraph 7#d74 7,b7 ,ex (ficio nonvot+ memb]s describ$ 9 p>agraph 7#e74 7#c7 ,initial memb]s ,! ,director ( ! ,national ,sci5ce ,f\ndation %all-- 7,a7 seek to ent] into an agreem5t ) ! ,national ,academies ( ,sci5ces1 ,eng9e]+1 & ,m$ic9e to develop a li/ ( individuals to s]ve z memb]s ( ! ,bo>d :o are well-qualifi$ & meet ! requirem5ts 9 p>agraph 7#d72 & 7,b7 appo9t ! initial memb]s ( ! ,bo>d f su* li/ n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act4 7#d7 ,vot+ memb]s 7,a7 ,repres5tation ,! vot+ memb]s ( ! ,bo>d %all be drawn f a broad cross-section ( /akehold]s across sectors1 regions1 & communities1 includ+ f in/itutions ( high] education1 indu/ry1 & nonpr(it & philan?ropic organizations4 7,b7 ,exp]i5ce ,! vot+ memb]s ( ! ,bo>d %all h ! exp]i5ce & qualifications to provide advice & in=mation to advance ! mission ( ! ,f\ndation = ,enabl+ ,biote*nology ,innovation4 7,c7 ,f$]al employees ,no employee ( ! ,f$]al ,gov]nm5t may be appo9t$ z a vot+ memb] ( ! ,bo>d4 7#e7 ,nonvot+ memb]s 7,a7 ,ex (ficio memb]s ,! ex (ficio memb]s ( ! ,bo>d %all be designat$ by-- 7i7 ! ,director ( ! ,national ,sci5ce ,f\ndation2 7ii7 ! ,secret>y ( ,def5se2 7iii7 ! ,secret>y ( ,agriculture2 7iv7 ! ,secret>y ( ,heal? & ,human ,s]vices2 7v7 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy2 & 7vi7 ! heads ( o!r ag5cies1 z agre$ ^u by ! ,bo>d4 7,b7 ,no vot+ p[] ,! ex (ficio memb]s describ$ 9 subp>agraph 7,a7 %all n h vot+ p[] on ! ,bo>d4 7#f7 ,*air & vice *air 7,a7 ,9 g5]al ,! ,bo>d %all designate1 f among its vot+ memb]s-- 7i7 an individual to s]ve z ! ,*air ( ! ,bo>d2 & 7ii7 an individual to s]ve z ! ,vice ,*air ( ! ,bo>d4 7,b7 ,t]ms ,! t]m ( s]vice ( ! ,*air & ,vice ,*air ( ! ,bo>d %all end on ! e>li] (-- 7i7 ! date t is #c ye>s aft] ! date on :i* ! ,*air or ,vice ,*air ( ! ,bo>d is designat$ = ! respective position2 or 7ii7 ! la/ day ( ! t]m ( s]vice ( ! memb]1 z det]m9$ "u p>agraph 7#g71 :o is designat$ to be ,*air or ,vice ,*air ( ! ,bo>d4 7,c7 ,repres5tation ,! ,*air & ,vice ,*air ( ! ,bo>d may n be repres5tatives ( ! same area ( subject matt] exp]tise or entity4 7#g7 ,t]ms & vacancies 7,a7 ,t]m limits ,! t]m ( (fice ( ea* vot+ memb] ( ! ,bo>d %all be n m ?an #e ye>s1 except t a memb] ( ! ,bo>d may cont9ue to s]ve aft] ! expiration ( _! t]m1 if no new memb] is appo9t$ to replace ! dep>t+ ,bo>d memb]4 7,b7 ,initial memb]s ,( ! initial memb]s ( ! ,bo>d appo9t$ "u p>agraph 7#c71 half ( su* memb]s %all s]ve = #d ye>s & half ( su* memb]s %all s]ve = #e ye>s1 z det]m9$ by ! ,*air ( ! ,bo>d4 7,c7 ,vacancies ,any vacancy 9 ! vot+ memb]%ip ( ! ,bo>d-- 7i7 %all be fill$ 9 accordance ) ! bylaws ( ! ,f\ndation by individuals :o are well qualifi$ & meet ! requirem5ts 9 p>agraph 7#d72 7ii7 %all n affect ! p[] ( ! rema9+ memb]s to c>ry out ! duties ( ! ,bo>d2 & 7iii7 %all be fill$ by an individual select$ by ! ,bo>d4 7,d7 ,r5ewal ,bo>d memb]s may be r5ew$ = additional t]ms1 z long z ! individual cont9ues to meet ! requirem5ts 9 p>agraph 7#d74 7#h7 ,quorum ,a majority ( ! vot+ memb]s ( ! ,bo>d %all con/itute a quorum = ! purposes ( conduct+ ! bus9ess ( ! ,bo>d4 7#i7 ,duties ,! ,bo>d %all c>ry out ! foll[+3 7,a7 ,e/abli% bylaws = ! ,f\ndation 9 accordance ) p>agraph 7#aj74 7,b7 ,provide ov]all direction = ! activities ( ! ,f\ndation & e/abli% priority activities4 7,c7 ,coord9ate ) ! ,director ( ! ,national ,sci5ce ,f\ndation reg>d+ ! activities ( ! ,f\ndation = ,enabl+ ,biote*nology ,innovation to ensure consi/5cy ) ! programs & policies ( ! ,national ,sci5ce ,f\ndation & o!r ,f$]al ag5cies4 7,d7 ,evaluate ! p]=mance ( ! ,*ief ,executive ,(fic] ( ! ,f\ndation4 7,e7 ,actively solicit & accept funds1 gifts1 grants1 devises1 or beque/s ( real or p]sonal prop]ty to ! ,f\ndation1 includ+ f private entities4 7,f7 ,c>ry out any o!r necess>y activities ( ! ,f\ndation4 7#aj7 ,bylaws ,! ,bo>d %all e/abli% bylaws = ! ,f\ndation1 ensur+ t-- 7,a7 ! bylaws ( ! ,f\ndation %all include-- 7i7 policies = ! selection ( ! ,bo>d memb]s1 (fic]s1 employees1 ag5ts1 & contractors ( ! ,f\ndation2 7ii7 policies1 includ+ e?ical & disclosure /&>ds1 includ+-- 7,i7 ! acceptance1 solicitation1 & disposition ( donations & grants to ! ,f\ndation1 includ+ appropriate limits on ! ability ( donors to designate1 by /ipulation or re/riction1 ! use or recipi5t ( donat$ funds2 & 7,,ii7 ! disposition ( assets ( ! ,f\ndation2 7iii7 policies t subject all employees1 fell[s1 tra9ees1 & o!r ag5ts ( ! ,f\ndation 7includ+ appo9t$ vot+ memb]s & ex (ficio memb]s ( ! ,bo>d7 to conflict-(-int]e/ /&>ds2 & 7iv7 ! specific duties ( ! ,*ief ,executive ,(fic] ( ! ,f\ndation2 & 7,b7 ! bylaws ( ! ,f\ndation & activities c>ri$ out "u su* bylaws d n-- 7i7 reflect unfavorably ^u ! ability ( ! ,f\ndation to c>ry out its responsibilities or (ficial duties 9 a fair & objective mann]2 or 7ii7 compromise1 or appe> to compromise1 ! integrity ( any ,f$]al ,gov]nm5tal ag5cy or program1 or any (fic] or employee employ$ by1 or involv$ 9 a ,f$]al ,gov]nm5tal ag5cy or program4 7#aa7 ,comp5sation 7,a7 ,9 g5]al ,memb]s ( ! ,bo>d may n receive comp5sation = s]v+ on ! ,bo>d4 7,b7 ,c]ta9 exp5ses ,9 accordance ) ! bylaws ( ! ,f\ndation1 memb]s ( ! ,bo>d may be reimburs$ = travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce & o!r necess>y exp5ses incurr$ 9 c>ry+ out ! duties ( ! ,bo>d4 7#ab7 ,p]sonal liability ,! memb]s ( ! ,bo>d %all n be p]sonally liable = c>ry+ out ! duties ( ! ,bo>d1 except = malfeasance4 7h7 ,adm9i/ration 7#a7 ,*ief executive (fic] 7,a7 ,9 g5]al ,! ,f\ndation %all h a ,*ief ,executive ,(fic] :o %all be appo9t$ by ! ,bo>d1 & :o %all s]ve at ! pleasure ( ! ,bo>d1 & = :om ! ,bo>d %all e/abli% ! rate ( comp5sation4 7,b7 ,duties ,subject to ! bylaws e/abli%$ "u subsection 7g77#aj71 ! ,*ief ,executive ,(fic] %all be responsible =-- 7i7 c>ry+ out ! activities ( ! ,f\ndation "u subsection 7c72 7ii7 hir+1 promot+1 comp5sat+1 & dis*>g+ (fic]s & employees ( ! ,f\ndation & def9+ ! duties ( su* (fic]s & employees2 7iii7 accept+ & adm9i/]+ donations to ! ,f\ndation & adm9i/]+ ! assets ( ! ,f\ndation2 7iv7 ent]+ into contracts & execut+ legal in/rum5ts z appropriate 9 c>ry+ out ! activities ( ! ,f\ndation2 & 7v7 p]=m+ o!r functions z necess>y to op]ate ! ,f\ndation4 7#b7 ,/rategic plan ,n lat] ?an #a ye> aft] ! appo9tm5t ( ! ,*ief ,executive ,(fic]1 ! ,f\ndation %all submit to ! ,director ( ! ,national ,sci5ce ,f\ndation1 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate1 & ! ,committee on ,sci5ce1 ,space1 & ,te*nology ( ! ,h\se ( ,repres5tatives a /rategic plan t conta9s ! foll[+3 7,a7 ,a plan = ! ,f\ndation to become f9ancially self-su/a9+ n lat] ?an #e ye>s aft] ! submission ( ! /rategic plan1 aside f regul> appropriations4 7,b7 ,%ort- & long-t]m objectives ( ! ,f\ndation1 z id5tifi$ by ! ,bo>d4 7,c7 ,! ef=ts ! ,f\ndation w take to be transp>5t 9 ! processes ( ! ,f\ndation4 7,d7 ,! f9ancial goals & b5*m>ks ( ! ,f\ndation = ! #aj ye>s foll[+ ! submission ( ! /rategic plan4 7,e7 ,! ef=ts ! ,f\ndation w make to ensure maximum complem5t>ity & m9imum r$undancy ) ,f$]al activities relat$ to biote*nology comm]cialization4 7#c7 ,report 7,a7 ,9 g5]al ,n lat] ?an #ah mon?s aft] ! appo9tm5t ( ! ,*ief ,executive ,(fic]1 & n lat] ?an ,febru>y #a ( ea* ye> !reaft]1 ! ,f\ndation %all publi% a report describ+ ! activities ( ! ,f\ndation dur+ ! imm$iately prec$+ fiscal ye> t includes ! accompli%m5ts1 op]ations1 activities1 & f9ancial condition ( ! ,f\ndation4 7,b7 ,f9ancial condition ,ea* su* report %all include a compreh5sive /atem5t ( all support provid$ to ! ,f\ndation1 includ+ funds1 gifts1 grants1 devises1 or beque/s ( real or p]sonal prop]ty1 & describ+ ! am\nt ( support f ea* p]son or entity1 ! p]sons or entities f :i* su* support is receiv$1 & any re/rictions on ! purposes = :i* su* support may be us$4 7,c7 ,publication ,! ,f\ndation %all make copies ( ea* report submitt$ "u ?is p>agraph available-- 7i7 to ! ,director ( ! ,national ,sci5ce ,f\ndation1 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate1 & ! ,committee on ,sci5ce1 ,space1 & ,te*nology ( ! ,h\se ( ,repres5tatives2 & 7ii7 = public inspection1 & %all ^u reque/1 provide a copy ( ! report to any individual = a *>ge n to exce$ ! co/ ( provid+ su* copy4 7#d7 ,audits & disclosure ,! ,f\ndation %all-- 7,a7 provide = annual audits ( ! f9ancial condition ( ! ,f\ndation1 includ+ a full li/ ( ! ,f\ndation's donors & any re/rictions on ! purposes = :i* gifts to ! ,f\ndation may be us$2 & 7,b7 make su* audits1 & all o!r records1 docum5ts1 & o!r pap]s ( ! ,f\ndation1 available to ! ,director ( ! ,national ,sci5ce ,f\ndation & ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates = exam9ation or audit4 7#e7 ,transf] ( funds ,! ,f\ndation may transf] funds & prop]ty to ,f$]al ag5cies t contribute to comm]cialization ( biote*nology1 :i* ^? ag5cies may accept & use to fur!r ! mission ( ! ,f\ndation z describ$ 9 subsection 7b74 7i7 ,integrity 7#a7 ,9 g5]al ,to ensure integrity 9 ! op]ations ( ! ,f\ndation1 ! ,bo>d %all develop & en=ce proc$ures relat+ to /&>ds ( conduct1 f9ancial disclosure /atem5ts1 conflicts ( int]e/ 7includ+ recusal & waiv] rules71 audits1 & any o!r matt]s det]m9$ appropriate by ! ,bo>d4 7#b7 ,conflicts ( int]e/ ,to mitigate conflicts ( int]e/1 any individual :o is an (fic]1 employee1 or memb] ( ! ,bo>d is prohibit$ f any p>ticipation 9 delib]ations by ! ,f\ndation ( a matt] t w\ld directly or pr$ictably affect any f9ancial int]e/ ( any ( ! foll[+3 7,a7 ,su* individual4 7,b7 ,a relative ( su* individual4 7,c7 ,a bus9ess organization or o!r entity 9 :i* su* individual has an int]e/1 includ+ an organization or o!r entity ) :i* su* individual is negotiat+ employm5t4 7#c7 ,citiz5%ip ,to mitigate risks f malign =eign influ5ce1 any individual :o is an (fic]1 employee1 or memb] ( ! ,bo>d %all be-- 7,a7 a citiz5 or national 7z def9$ 9 section #aja ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja7;a777 ( ! ,unit$ ,/ates2 7,b7 an ali5 admitt$ to ! ,unit$ ,/ates z a refugee "u section #bjg ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaeg72 or 7,c7 an ali5 lawfully admitt$ = p]man5t resid5ce 7z def9$ 9 section #aja ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja7;a7774 7j7 ,intellectual prop]ty ,! ,bo>d %all adopt writt5 /&>ds to gov]n ! own]%ip & lic5s+ ( any intellectual prop]ty rights develop$ by ! ,f\ndation or d]iv$ f ! collaborative ef=ts ( ! ,f\ndation4 7k7 ,full fai? & cr$it ,! ,unit$ ,/ates %all n be liable = any debts1 defaults1 acts1 or omissions ( ! ,f\ndation4 ,! full fai? & cr$it ( ! ,unit$ ,/ates %all n ext5d to any obligations ( ! ,f\ndation4 7l7 ,support s]vices ,! ,director ( ! ,national ,sci5ce ,f\ndation may provide facilities1 utilities1 & support s]vices to ! ,f\ndation4 7m7 ,non-,applicability ,*apt]s #e & #aj ( title #e1 ,unit$ ,/ates ,code1 %all n apply to ! ,f\ndation4 7n7 ,sep>ate fund acc\nts ,! ,bo>d %all ensure t am\nts receiv$ pursuant to ! au?orization ( appropriations "u subsection 7o7 are held 9 a sep>ate acc\nt f any o!r funds receiv$ by ! ,f\ndation4 7o7 ,au?orization ( appropriations 7#a7 ,national ,sci5ce ,f\ndation ,!re are au?oriz$ to be appropriat$ to ! ,director ( ! ,national ,sci5ce ,f\ndation #d1jjj1jjj = fiscal ye> #bjbf1 & e subsequ5t ye> to c>ry out ?is section4 7#b7 ,f\ndation = enabl+ biote*nology innovation ,f am\nts appropriat$ to ! ,national ,sci5ce ,f\ndation = ea* fiscal ye>1 ! ,director ( ! ,national ,sci5ce ,f\ndation %all transf] n less ?an #d1jjj1jjj p] ye> to ! ,f\ndation4 7p7 ,def9itions ,9 ?is section3 7#a7 ,bo>d ,! t]m ,bo>d means ! ,bo>d ( ,directors ( ! ,f\ndation1 e/abli%$ pursuant to subsection 7g74 7#b7 ,=eign c\ntry ( conc]n ,! t]m =eign c\ntry ( conc]n has ! mean+ giv5 su* t]m 9 section #ajfch ( ! ,rese>* & ,developm5t1 ,competition1 & ,innovation ,act 7#db ,u4,s4,c4 #aibcg2 enact$ z "p ( division ,b ( ,public ,law #aag-afg74 7#c7 ,=eign entity ( conc]n ,! t]m =eign entity ( conc]n has ! mean+ giv5 su* t]m 9 section #ajfch ( ! ,rese>* & ,developm5t1 ,competition1 & ,innovation ,act 7#db ,u4,s4,c4 #aibcg2 enact$ z "p ( division ,b ( ,public ,law #aag-afg74 7#d7 ,f\ndation ,! t]m ,f\ndation means ! ,f\ndation = ,enabl+ ,biote*nology ,innovation e/abli%$ pursuant to subsection 7a74 7#e7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 su* t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja74 7#f7 ,relative ,! t]m relative has ! mean+ giv5 su* t]m 9 section #acaja ( title #e1 ,unit$ ,/ates ,code4