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RCP Congressional Bill Tracker - H.R. 1162


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H.R. 1162: Science Prize Competitions Act

Title: Science Prize Competitions Act

Introduced: Feb 27, 2015 (114th Congress)

Sponsor: (No First Name Found) (No Last Name Found) [-]

Status: Passed House - Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.

Summary: Science Prize Competitions Act Amends the Stevenson-Wydler Technology Innovation Act of 1980 regarding prize competitions, allowing an agency to waive liability insurance requirements for participants. Allows an agency to enter into a grant, contract, cooperative agreement, or other agreement with a private sector for-profit as well as a nonprofit entity (as under current law) to administer a prize competition. Permits the use of funds from private sector for-profit entities to support a prize competition. Prohibits an agency from giving special consideration to any private sector for-profit entity in return for a donation. Limits the use of federal funds to those made available by appropriations Acts.


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