US SB2063 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2012 - 25% progression, died in committee
Action: 2012-02-02 - Read twice and referred to the Committee on Commerce, Science, and Transportation.
Pending: Senate Commerce, Science, And Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

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.

Sponsors

Sen. Jim Webb [D-VA]

History

DateChamberAction
2012-02-02SenateRead twice and referred to the Committee on Commerce, Science, and Transportation.

Subjects


US Congress State Sources


Bill Comments

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