Sec. 401. PRIZE COMPETITION AUTHORITY UPDATE
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## SEC. 401 PRIZE COMPETITION AUTHORITY UPDATE **[**[15 U.S.C. 3701 note](/us/usc/t15/s3701)**]** ###
(a)Short Title This section may be cited as the “Science Prize Competition Act”. ###
(b)In general Section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3719) is amended— ####
(1)in subsection (c)— #####
(A)in the subsection heading, by striking “Prizes” and by inserting “Prize Competitions”; #####
(B)in the matter preceding paragraph (1), by striking “prize may be one or more of the following” and inserting “prize competition may be 1 or more of the following types of activities”; #####
(C)in paragraph (2), by inserting “competition” after “prize”; and #####
(D)in paragraphs
(3)and (4), by striking “prizes” and inserting “prize competitions”; ####
(2)in subsection (f)— #####
(A)in the matter preceding paragraph (1), by striking “in the Federal Register” and inserting “on a publicly accessible Government website, such as www.challenge.gov,”; #####
(B)in paragraphs (1), (2), and (3), by inserting “prize” before “competition”; and #####
(C)in paragraph (4), by striking “prize” and inserting “cash prize purse or non-cash prize award”; ####
(3)in subsection (g)— #####
(A)in the matter preceding paragraph (1), by striking “prize” and inserting “cash prize purse”; and #####
(B)in paragraph (1), by inserting “prize” before “competition”; ####
(4)in subsection (h), by inserting “prize” before “competition” each place it appears; ####
(5)in subsection (i)— #####
(A)in paragraph (1)(B), by inserting “prize” before “competition”; #####
(B)in paragraph (2)(A), by inserting “prize” before “competition” each place it appears; #####
(C)by redesignating paragraph
(3)as paragraph (4); and #####
(D)by inserting after paragraph
(2)the following: > > #### “(3) Waivers > > > ##### “(A) In general > > An agency may waive the requirement under paragraph (2). > > > ##### “(B) List > > The Director shall include a list of all of the waivers granted under this paragraph during the preceding fiscal year, including a detailed explanation of the reason for granting the waiver.” > ; ####
(6)in subsection (j)— #####
(A)in paragraph (1), by inserting “prize” before “competition”; and #####
(B)by amending paragraph
(2)to read as follows: > > #### “(2) Licenses > > As appropriate and 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 a prize competition.” > ; ####
(7)in subsection (k)— #####
(A)in paragraph (1), by striking “each competition” and inserting “each prize competition” each place it appears; #####
(B)in paragraph (2)(A), by inserting “prize” before “competition”; and #####
(C)in paragraph (3), by inserting “prize” before “competitions” each place it appears; ####
(8)in subsection (l), by striking “an agreement with” and all that follows through the period at the end and inserting “a grant, contract, cooperative agreement, or other agreement with a private sector for-profit or nonprofit entity or State or local government agency to administer the prize competition, subject to the provisions of this section.”; ####
(9)in subsection (m)— #####
(A)by amending paragraph
(1)to read as follows: > > #### “(1) In general > > Support for a prize competition under this section, including financial support for the design and administration of a prize competition or funds for a cash prize purse, may consist of Federal appropriated funds and funds provided by private sector for-profit and nonprofit entities. The head of an agency may request and accept funds from other Federal agencies, State, United States territory, local, or tribal government agencies, private sector for-profit entities, and nonprofit entities, to be available to the extent provided by appropriations Acts, to support such prize competitions. The head of an agency may not give any special consideration to any agency or entity in return for a donation.” > ; #####
(B)in paragraph (2), by striking “prize awards” and inserting “cash prize purses or non-cash prize awards”; #####
(C)in paragraph (3)— ######
(i)by amending subparagraph
(A)to read as follows: > > ##### “(A) Announcement > > No prize competition may be announced under subsection
(f)until all the funds needed to pay out the announced amount of the cash prize purse have been appropriated or committed in writing by a private or State, United States territory, local, or tribal government source.” > ; and ######
(ii)in subparagraph (B)— ######
(I)in the matter preceding clause (i), by striking “a prize” and inserting “a cash prize purse or non-cash prize award”; ######
(II)in clause (i), by inserting “competition” after “prize”; and ######
(III)in clause (ii), by inserting “or State, United States territory, local, or tribal government” after “private”; and #####
(D)in paragraph (4)— ######
(i)in subparagraph (A)— ######
(I)by striking “a prize” and inserting “a cash prize purse or a non-cash prize award”; and ######
(II)by striking “Science and Technology” and inserting “Science, Space, and Technology”; and ######
(ii)in subparagraph (B), by striking “cash prizes” and inserting “cash prize purses or non-cash prize awards”; ####
(10)in subsection (n)— #####
(A)in the heading, by striking “Service” and inserting “Services”; #####
(B)by striking “the date of the enactment of the America COMPETES Reauthorization Act of 2010,” and inserting “the date of enactment of the American Innovation and Competitiveness Act,”; and #####
(C)by inserting “for both for-profit and nonprofit entities and State, United States territory, local, and tribal government entities,” after “contract vehicle”; ####
(11)in subsection (o)(1), by striking “or providing a prize” and inserting “a prize competition or providing a cash prize purse or non-cash prize award”; and ####
(12)in subsection (p)— #####
(A)in the heading, by striking “Annual” and inserting “Biennial”; #####
(B)in paragraph (1)— ######
(i)by striking “each year” and inserting “every other year”; ######
(ii)by striking “Science and Technology” and inserting “Science, Space, and Technology”; and ######
(iii)by striking “fiscal year” and inserting “2 fiscal years”; and #####
(C)in paragraph (2)— ######
(i)by striking “The report for a fiscal year” and inserting “A report”; ######
(ii)in subparagraph (C)— ######
(I)in the heading, by striking “prizes” and inserting “prize purses or non-cash prize awards”; and ######
(II)by striking “cash prizes” each place it appears and inserting “cash prize purses or non-cash prize awards”; and ######
(iii)by adding at the end the following: > > ##### “(G) Plan > > A description of crosscutting topical areas and agency-specific mission needs that may be the strongest opportunities for prize competitions during the upcoming 2 fiscal years.” > .
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