U.S. Congress - S.2063 A bill to prohibit the transfer of technology developed using funding provided by the U...
S.2063 - A bill to prohibit the transfer of technology developed using funding provided by the United States Government to entities of certain countries, and for other purposes.
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- Official: A bill to prohibit the transfer of technology developed using funding provided by the United States Government to entities of certain countries, and for other purposes. as introduced.
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Official Summary
2/2/2012--Introduced.Prohibits a U.S. commercial entity from transferring any proprietary technology or intellectual property researched, developed, or commercialized with federal financial assistance to an entity: (1) owned or controlled by the government of a country which requires any UOfficial Summary
2/2/2012--Introduced.Prohibits a U.S. commercial entity from transferring any proprietary technology or intellectual property researched, developed, or commercialized with federal financial assistance to an entity:(1) owned or controlled by the government of a country which requires any U.S. commercial entity to transfer proprietary technology or intellectual property as a condition of doing business, or
(2) in which the citizens of such a country hold 5% interests of the capital structure of that entity. Authorizes the Secretary of Commerce to waive such prohibition if the transfer would not compromise U.S. economic interests or competitiveness.
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