S. 2063 (112th): 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.

Introduced:
Feb 02, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Jim Webb [D-VA]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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