Political Quotes

“I thank Mr. Knight and especially my cosponsor, Mr. Hultgren, for the work that they have done on this bill generally, but particularly on title I of the bill, the Laboratory Modernization and Technology Transfer Act. As Mr. Knight said, on this committee, we find places where there is common ground and where there is an ability to advance the interests of the United States of America. Sometimes we argue, sometimes we debate, sometimes we don't agree, but often we do. I appreciate their work as well as the chairman's work on a number of subjects that face us. I was proud to work with my friend Mr. Hultgren of Illinois to introduce this bill, the Modernization and Technology Transfer Act, in the last Congress. Title I provides important tools to accelerate the commercialization of new technologies that are developed at our national labs. It extends the Agreement for Commercializing Technology pilot program while expanding the range of companies that are eligible to participate. We also allow labs to use their technology transfer funds as an incubator investment for projects that are developed in-house which demonstrate potential commercial opportunities. Additionally, the bill encourages the further collaboration between university researchers and our national labs by creating a pilot program to reduce the financial burdens on our universities.…”