Introduced in House Passed House Introduced in Senate Passed Senate To President Became Law
12/06/2019          

Innovation Network and Capital Act of 2019

Date Version PDF TXT
12/15/2019 Introduced in House Open
12/06/2019 Introduced in House Open

            


116th CONGRESS
1st Session
H. R. 5357


To amend the Public Health Service Act to authorize a pilot program to develop, expand, and enhance the commercialization of biomedical products, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

December 6, 2019

Mr. Peters introduced the following bill; which was referred to the Committee on Energy and Commerce


A BILL

To amend the Public Health Service Act to authorize a pilot program to develop, expand, and enhance the commercialization of biomedical products, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Innovation Network and Capital Act of 2019”.

SEC. 2. Pilot program for research startups.

Part A of title IV of the Public Health Service Act (42 U.S.C. 281 et seq.) is amended by adding at the end the following:

“SEC. 404O. Pilot program for research startups.

“(a) Funds.—The Director of NIH shall award grants or contracts to eligible entities to develop, expand, and enhance the commercialization of biomedical products.

“(b) Eligible entity.—In this section, the term ‘eligible entity’ means an entity receiving funding under—

“(1) the Small Business Innovation Research program of the National Institutes of Health; or

“(2) the Small Business Technology Transfer program of the National Institutes of Health.

“(c) Use of funds.—An eligible entity shall use the funds received through such grant or contract to support—

“(1) the Commercialization Readiness Pilot program of the National Institutes of Health;

“(2) the Innovation Corps program of the National Institutes of Health;

“(3) the Commercialization Accelerator program of the National Institutes of Health;

“(4) the Commercialization Assistance program of the National Institutes of Health; and

“(5) such other programs and activities as the Director of NIH determines to be appropriate, to support the commercialization stage of research, later stage research and development, technology transfer, and commercialization technical assistance.

“(d) NIH Startup Support Account.—

“(1) ESTABLISHMENT.—There is established in the Treasury an account, to be known as the NIH Startup Support Account, for purposes of carrying out this section.

“(2) TRANSFER OF FUNDS.—There shall be transferred to the NIH Startup Support Account from the general fund of the Treasury, $100,000,000 for each of fiscal years 2021 through 2025, to be available until expended without further appropriation.”.


Picture Name From Date Type
Scott Peters D-CA 12/06/2019 Sponsor
Date Branch Action
12/06/2019 President Referred to the House Committee on Energy and Commerce.Action By: House of Representatives
12/06/2019 President Introduced in HouseAction By: House of Representatives
Summary
Congress - Bill Number Major Title
Branch Vote Date Yes No Not Voting
Wiki





Bill TEXT Points.
This Bill has been listed with the following Subjects from Texts:
Capital
116 HR 5357 IH: Innovation Network and Capital Act of 2019 U


End Bill TEXT Points.
Date Bill Major Title
Committee Name
Subject Type