Nanotechnology Advancement and New Opportunities Act

To ensure the development and responsible stewardship of nanotechnology.

7/31/2007--Introduced.
Nanotechnology Advancement and New Opportunities Act - Directs the Secretary of Commerce, if $100 million is made available from the private sector for the establishing a Nanomanufacturing Investment Partnership, to establish such a Partnership to provide funding for precommercial nanomanufacturing research and development projects. Allows the Partnership to provide funding through direct investments in specified mechanisms designed to advance nanomanufacturing. Requires return on investment of amounts resulting from the commercialization of developed technologies to the Partnership. Requires establishment of an advisory board to assist the Secretary in carrying out the Partnership. Amends the Internal Revenue Code of 1986 (IRC) to allow a tax credit for the purchase of qualified nanotechnology developer stock. Authorizes establishment within the Technology Administration of a grant program to support the establishment and development of incubators (entities affiliated with or housed in degree-granting institutions that provide space and coordinated and specialized services to certain entrepreneurial businesses). Establishes a Nanotechnology Startup Advisory Council. Directs the National Science Foundation (NSF) to establish a Nanoscale Science and Engineering Center for the development of computer aided design tools for nanotechnology applications. Requires the establishment of nanotechnology research grant programs by the:
(1) Secretary of Energy to address the need for clean, cheap, renewable energy;
(2) Administrator of the Environmental Protection Agency (EPA) to address technologies for remediation of pollution and other environmental protection technologies;
(3) Secretary of Homeland Security (DHS) to address the need for sensors and other materials related to homeland security needs; and
(4) Secretary of Health and Human Services (HHS) to address health related applications of nanotechnology. Requires the Director of the National Nanotechnology Coordination Office to transmit a nanotechnology research strategy that establishes priorities for the federal government and industry. Amends the IRC to:
(1) allow a tax credit for nanotechnology education and training program expenses; and
(2) revise, for purposes of Hope and Lifetime Learning tax credits, the definition of "eligible educational institution" to include commercial nanotechnology training providers. Directs the NSF to establish:
(1) a grant program for the development of curriculum materials for interdisciplinary nanotechnology courses at institutions of higher education; and
(2) establish a program to encourage manufacturing companies to enter into partnerships with occupational training centers for the development of training to support nanotechnology manufacturing. Directs the Secretary of Energy to transmit a strategy for increasing interaction on nanotechnology issues between scientists and engineers at the Department of Energy's national laboratories and in the informal science education community.


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Sponsor

• Rep. Michael Honda [D, CA-15]

Committees

• House Homeland Security
• 6 more
  • House Energy and Commerce
  • House Ways and Means
  • House Energy and Commerce
  • House Science and Technology
  • House Homeland Security
  • House Science and Technology
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Amendments

This bill has no amendments.

Amendments to H.R.3235

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
July 31, 2007

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All Bill Actions

• Aug 24, 2007: Referred to the Subcommittee on Research and Science Education.
• Aug 07, 2007: Referred to the Subcommittee on Emerging Threats, Cybersecurity, and Science and Technology.
• Aug 01, 2007: Sponsor introductory remarks on measure. (CR E1671)
• Jul 31, 2007: Referred to House Homeland Security
• Jul 31, 2007: Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
• Jul 31, 2007: Referred to House Energy and Commerce
• Jul 31, 2007: Referred to House Ways and Means
• Jul 31, 2007: Referred to House Science and Technology
• Jul 31, 2007: Referred to the Committee on Science and Technology, and in addition to the Committees on Ways and Means, Energy and Commerce, and Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
• Introduced on Jul 31, 2007.

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• Taxation
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• Science policy
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• Research grants
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Blog Coverage

August 20, 2007 Introduced HR 3235, NANO Act

Representative Mike Honda (D-San Jose) introduced HR 3235, the Nanotechnology Advancement and New Opportunities (NANO) Act. The legislation is to "promote the development and responsible stewardship of nanotechnology in the United ...

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Source: NanoWiki

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August 08, 2007 Nanotechnology bill introduced by Rep. Honda

In addition, HR 3235, the NANO Act, will: – create a public-private investment partnership to address the nanotechnology commercialization gap; – establish a tax credit for investment in nanotechnology firms; ...

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Source: Nanodot: Nanotechnology News and Discussion

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August 05, 2007 Nanotechnology Legislation Introduced

Mike Honda is a long-time supporter of nanotechnology, introduced HR 3235, the Nanotechnology Advancement and New Opportunities (NANO) Act. This is a comprehensive legislation for nanotech development in the US. ...

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Source: Netscape.com Science Stories

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