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Code · BILL · 113th Congress · S. 2757 (Introduced in Senate) — To invest in innovation through research and development, to improve the competitiveness of the United States, and fo... · Sec. 104

Sec. 104. Prize competitions

1,014 words·~5 min read·/bill/113/s/2757/is/section-104·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3719 ) is amended— in subsection (c)— by striking may be one and inserting may consist of 1 ; in paragraph (3), by striking competition each place it appears and inserting prize competition ; and in paragraph (4), by striking prizes and inserting prize competitions ; in subsection (f)— by striking publish a notice in the Federal Register and inserting publish a notice on a publicly accessible Federal Government website ; by striking the competition each place it appears and inserting the prize competition ; and in paragraph (4), by striking prize and inserting cash prize purse or non-cash prize award ; in subsection (g)— by striking win a prize and inserting win a cash prize purse or non-cash prize award ; and in paragraph (1), by striking competition and inserting prize competition ; in subsection (h), by striking competition each place it appears and inserting prize competition ; in subsection (i)— by striking competition each place it appears and inserting prize competition ; by striking in amounts determined by the head of an agency and inserting in that amount ; and by inserting The head of an agency administering a prize competition shall determine the amount of liability insurance, which may be none or insignificant, required by participants in the prize competition. before Participants shall ; in subsection (j)— in paragraph (1), by striking competition and inserting prize competition ; by amending paragraph
(2)to read as follows: To further the goals of a prize competition, the Federal Government may— negotiate a license for the use of intellectual property developed by a registered participant in the prize competition; or require a registered participant in the prize competition to provide an open source license to the public for the use of the registered participant's intellectual property. ; and by adding at the end the following: The Federal Government may obtain consent to the intellectual property and licensing terms of a prize competition from participants during the registration for the prize competition. ; in subsection (k)— in paragraph (1), by striking each competition each place it appears and inserting each prize competition ; by striking paragraph (3); by redesignating paragraph
(2)as paragraph (3); by amending paragraph (3), as redesignated, to read as follows: A judge— may not have personal or financial interests in, or be an employee, an officer, a director, or an agent of any entity that is a registered participant in a prize competition; may not have a familial or financial relationship with an individual who is a registered participant; and consistent with the guidelines established under paragraph (2), may— be required to abide by a code of conduct or judging agreement; and be required to provide financial disclosures as are relevant to avoiding conflicts of interest. ; and by inserting after paragraph
(1)the following: A head of an agency that carries out a prize competition under this section shall develop guidelines to ensure that the panel of judges appointed for the prize competition operates in a transparent manner, is free of potential conflicts of interest, and is fairly balanced as appropriate to the task. The guidelines are not required to necessitate each judge to be a special Government employee (as defined in section 202 of title 18, United States Code). ; in subsection (l), by striking an agreement with a private, nonprofit entity and inserting a contract, grant, cooperative agreement, or other agreement with a private sector for-profit, nonprofit, or State or local government entity ; in subsection (m)— by amending paragraph
(1)to read as follows: In carrying out a prize competition under this section, including providing financial support for the design and administration of a prize competition or for funding a cash prize purse or non-cash prize award, the head of an agency— may use funds appropriated by Congress; may request and accept funds from other Federal agencies or from private sector for-profit or nonprofit entities or State or local government agencies for such purposes; and may not give special consideration to any agency or entity in return for such a donation. ; in paragraph (2), by striking prize awards and inserting cash prize purses or non-cash prize awards ; in paragraph (3)— in subparagraph (A)— by striking No prize and inserting No prize competition ; by striking the prize and inserting the cash prize purse or non-cash prize award ; and by striking private source and inserting non-Federal source ; and in subparagraph (B)— by striking a prize and inserting a cash prize purse or non-cash prize award ; by striking the prize and inserting the prize competition ; and by striking private source and inserting non-Federal source ; and in paragraph (4)— in subparagraph (A), by striking a prize and inserting a cash prize purse or non-cash prize award ; and in subparagraph (B), by striking the award of more than $1,000,000 in cash prizes and inserting the award of more than $1,000,000 in cash prize purses ; in subsection (o), by striking a prize under this section and inserting a prize competition under this section ; and in subsection (p)— in the heading, by striking and inserting Annual ; Biennial in paragraph (1)— by striking Not later than March 1 of each year, and inserting Not later than 2 years after the date of enactment of the ; and America COMPETES Reauthorization Act of 2014 , and biennially thereafter, by striking the preceding fiscal year and inserting the preceding 2 fiscal years ; and in paragraph (2)— by striking for a fiscal year ; in subparagraph (C)— in the heading, by striking and inserting cash prizes ; and cash prize purses by striking cash prizes each place it appears and inserting cash prize purses and non-cash prize awards ; by redesignating subparagraph
(F)as subparagraph (G); and by inserting after subparagraph
(E)the following: The amount of liability insurance required by registered participants in each prize competition and, if the amount is either none or insignificant, an explanation for that determination. .
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Sec. 104
Prize competitions
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