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Code · BILL · 114th Congress · S. 2089 (Placed on Calendar Senate) — To provide for investment in clean energy, to empower and protect consumers, to modernize energy infrastructure, to c... · Sec. 4002

Sec. 4002. Advanced Research Projects Agency-Energy

334 words·~2 min read·/bill/114/s/2089/pcs/section-4002

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Section 5012 of the America COMPETES Act ( 42 U.S.C. 16538 ) is amended— in subsection (a)(3), by striking subsection (n)(1) and inserting subsection (o)(1) ; in subsection (i), by striking paragraph
(1)and inserting the following: To the maximum extent practicable, the Director shall ensure that— the activities of ARPA–E are coordinated with, and do not duplicate the efforts of, programs and laboratories within the Department and other relevant research agencies; and ARPA–E does 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. ; by redesignating subsection
(n)as subsection (o); by inserting after subsection
(m)the following: The following types of information collected by the ARPA–E from recipients of financial assistance awards shall be considered privileged and confidential and not subject to disclosure under 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 firms, hedge funds, and private equity firms), including amounts and the percentage of ownership of the awardee provided in return for the investments. Additional financial support that the awardee— plans to or has invested into the technology developed under the award; or is seeking from third parties. Revenue from the licensing or sale of new products or services resulting from research conducted under the award. ; and in subsection
(o)(as redesignated by paragraph (3))— in paragraph (2)— in the matter preceding subparagraph (A), by striking paragraphs
(4)and
(5)and inserting paragraph
(4); in subparagraph (D), by striking and at the end; in subparagraph (E), by striking the period at the end and inserting ; and ; and by adding at the end the following: $1,000,000, 000 for each of fiscal years 2016 through 2020. ; and in paragraph (4)(B), by striking (c)(2)(D) and inserting (c)(2)(C) .
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Sec. 4002
Advanced Research Projects Agency-Energy
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