Summary

Directs the Secretary of Energy and the Director of the National Science Foundation to run jointly coordinated, competitive, merit-reviewed research and development activities across a set of advanced technology areas (for example: quantum, artificial intelligence, microelectronics, energy and materials, and high‑energy physics). The agencies must formalize coordination via a memorandum of understanding, may use reimbursable agreements and other arrangements with partners, and must include education and workforce initiatives. All work must follow existing federal research‑security rules; the agencies must report to relevant congressional committees within two years describing the activities and outcomes.

Key Points

• Requires DOE and NSF to run joint, cross‑cutting R&D activities coordinated via a formal memorandum of understanding.
• Mandates competitive, merit‑reviewed selection for supported projects.
• Specifies targeted research areas such as quantum, AI, microelectronics, energy & materials, and high‑energy physics.
• Authorizes cooperative agreements, other transactions, and reimbursable arrangements to engage universities, national labs, and industry partners.
• Requires education and workforce initiatives linked to the R&D activities.
• Requires all activities to follow the research‑security rules in subtitle D of title VI of the Research and Development, Competition, and Innovation Act.
• Directs a report to the appropriate congressional committees within two years describing activities and outcomes.
• Does not itself appropriate funds or change tax law; implementation depends on agency authorities and available resources.

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