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Creates a new nonprofit, the “Foundation for Standards and Metrology,” to partner with the National Institute of Standards and Technology (NIST) on measurement science, technical standards, and helping new technologies move from lab to market. The Foundation can carry out defined support activities, operate under a Board and an Executive Director, and work with public and private partners. The measure sets rules for governance, annual reports and independent audits, conflicts of interest, and handling of intellectual property. It limits federal liability for the Foundation’s actions and authorizes NIST to make annual transfers to the Foundation starting in fiscal year 2026.
Establish a nonprofit corporation called the Foundation for Standards and Metrology (the Foundation).
Mission: Support NIST in advancing measurement science, technical standards, and technology to enhance U.S. economic security and prosperity; and advance collaboration with researchers, higher education, industry, and nonprofit and philanthropic organizations to accelerate standards, measurement science, and commercialization.
Permitted activities: The Foundation may carry out specific activities including: (1) support international metrology and standards engagement; (2) support studies and research on metrology and standards infrastructure; (3) advance collaboration among Institute, researchers, industry, nonprofits, higher education, federally funded R&D centers, and State/Tribal/local governments; (4) support expansion/improvement of Institute research facilities; (5) support commercialization of federally funded research; (6) conduct education and outreach; (7) offer direct support to NIST associates (fellowships, grants, stipends, travel, health insurance, training, housing, assistance, awards, safety training, etc.); and (8) other necessary activities.
The Foundation is the sole entity responsible for carrying out the activities listed in subsection (c).
Stakeholder engagement: The Foundation shall convene and may consult with representatives from the Institute, institutions of higher education, private sector, nonprofits, and commercialization organizations to develop and advance Foundation activities.
Referred to the House Committee on Science, Space, and Technology.
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Introduced April 1, 2025 by Haley Stevens · Last progress April 1, 2025
Referred to the House Committee on Science, Space, and Technology.
Introduced in House