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Code · BILL · 114th Congress · S. 2012 (EAH) — 114 S2012 EAH: North American Energy Security and Infrastructure Act of 2016 · Sec. 671

Sec. 671. ARPA–E amendments

310 words·~1 min read·/bill/114/s/2012/eah/section-671

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Section 5012 of the America COMPETES Act ( 42 U.S.C. 16538 ) is amended— by amending paragraph
(1)of subsection
(c)to read as follows: The goals of ARPA–E shall be to enhance the economic and energy security of the United States and to ensure that the United States maintains a technological lead through the development of advanced energy technologies. ; in subsection (i)(1), by inserting ARPA–E shall not provide funding for a project unless the prospective grantee demonstrates sufficient attempts to secure private financing or indicates that the project is not independently commercially viable. after relevant research agencies. ; in subsection (l)(1), by inserting and once every 6 years thereafter, after operation for 6 years, ; and by redesignating subsection
(n)as subsection
(o)and inserting after subsection
(m)the following new subsection: The following categories of information collected by the Advanced Research Projects Agency–Energy from recipients of financial assistance awards shall be considered privileged and confidential and not subject to disclosure pursuant to section 552 of title 5, United States Code: Plans for commercialization of technologies developed under the award, including business plans, technology to market plans, market studies, and cost and performance models. Investments provided to an awardee from third parties, such as venture capital, hedge fund, or private equity firms, including amounts and percentage of ownership of the awardee provided in return for such investments. Additional financial support that the awardee plans to invest or has invested into the technology developed under the award, or that the awardee is seeking from third parties. Revenue from the licensing or sale of new products or services resulting from the research conducted under the award. Nothing in this subsection affects— the authority of the Secretary to use information without publicly disclosing such information; or the responsibility of the Secretary to transmit information to Congress as required by law. .
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