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Code · BILL · 116th Congress · S. 4629 (Introduced in Senate) — To address issues involving the People's Republic of China. · Sec. 102

Sec. 102. Restoration of Federal funding for research and development

317 words·~1 min read·/bill/116/s/4629/is/section-102

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There is authorized to be appropriated for Federal funding for research and development in science and technology— for the period of the 4 calendar years beginning after the date of enactment of this Act, $300,000,000,000, which shall be in addition to any other Federal funding available for such purposes; and for each fiscal year following the end of the period described in paragraph (1), the amount necessary to provide for increased total funding (including any other Federal funding available) for such purposes at a level that is 3 percent more than the total funding provided for such purposes for the preceding fiscal year.
The Director of the Office of Management and Budget shall, for each of the fiscal years 2020 through 2026— determine the amount of funds that should be made available to each applicable Federal agency, including all Federal science agencies, in order to ensure that the Federal Government supports research and development in science and technology for the fiscal year in the amount described in subsection (a); and inform the head of each applicable Federal agency of the amount determined under subparagraph
(A)for such agency. For each of fiscal years 2020 through 2026— the head of each Federal science agency shall prepare and submit a budget estimate and request to the Director of the Office of Management and Budget for such fiscal year that provides for funding for science and technology at the level determined under paragraph (1)(A) for the agency; and the President shall include, in the budget submitted under section 1105 of title 31, United States Code, for the fiscal year, the budget estimate and request prepared by the head of each Federal science agency under subparagraph
(A)for such fiscal year. In this subsection, the term Federal science agency has the meaning given the term in section 103 of the America COMPETES Reauthorization Act of 2010 ( 42 U.S.C. 6623 ).
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Sec. 102
Restoration of Federal funding for research and development
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