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TMCNet:  Rockefeller, Durbin, Nelson, Pryor, Coons, Markey Introduce America COMPETES Reauthorization Act of 2014

[August 01, 2014]

Rockefeller, Durbin, Nelson, Pryor, Coons, Markey Introduce America COMPETES Reauthorization Act of 2014

(Targeted News Service Via Acquire Media NewsEdge) WASHINGTON, July 31 -- The chairman of the Senate Commerce, Science & Transportation Committee issued the following news release: Senator John D. (Jay) Rockefeller, IV, Chairman of the Senate Committee on Commerce, Science, and Transportation, along with Senators Dick Durbin (D-IL), Bill Nelson (D-FL), Mark Pryor (D-AR), Chris Coons (D-DE), and Ed Markey (D-MA), today introduced the America COMPETES Reauthorization Act of 2014.


The America COMPETES Reauthorization Act of 2014 builds on the goals and successes of the America COMPETES Act of 2007 and its reauthorization in 2010. The Senators' billwould authorize stable and sustained increases in federal research and development (R&D) funding for the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST). The bill would also promote the economic benefits of promising R&D and address agency efforts, including at NASA and the National Oceanic and Atmospheric Administration (NOAA), to increase participation in STEM fields, including among women and minorities.

Recognizing the need for long-term investments in science and technology, Congress passed the first America COMPETES Act in 2007 and reauthorized it in 2010. The Acts aimed to significantly increase investments in key federal research and development (R&D) activities; to advance science, technology, engineering, and mathematics (STEM) education; and to support the innovation necessary for economic growth. COMPETES remains essential today. In 2013, more than 70 organizations representing business, higher education, and scientific communities signed onto "Guiding Principles" to inform a COMPETES reauthorization and reiterated the importance of basic research investments as a top national priority.

"To make sure America continues to lead the world in research, we must provide support for the institutions and agencies at the center of American innovation," Rockefeller said. "The America COMPETES Reauthorization Act of 2014 supports a wide-range of critical research, while also advancing STEM education and working to put our best research results into the marketplace. Our bill makes it clear that the U.S. is committed not only to investing in research, but also togetting our students excited about STEM so that America can continue to lead the world in innovation." "Government supported scientific research has helped split the atom, eradicate disease, explore the depths of our universe, and accomplish much more. It is crucial that the United States continues to support the scientists and researchers at our federal agencies who will be the pioneers in the next great discovery for mankind," Durbin said. "I am proud to join Senator Rockefeller and others in introducing the America COMPETES Act. This bill will increase the nation's competitiveness on the global stage when it comes to investments in research and development." "I look forward to seeing what discoveries our federal science agencies in conjunction with our colleges and universities produce," Nelson said.

"The America COMPETES Reauthorization Act is all about innovation, entrepreneurship, and creating good-paying jobs in America," Pryor said. "I was proud to work with Senator Rockefeller to include regional innovation, prize competitions, STEM participation for women and minorities, advanced manufacturing, and nanotechnology, which will strengthen U.S. competitiveness and keep America ahead of the field." "Since it was first enacted in 2007, the America COMPETES Act has provided a critical roadmap for American leadership in science, technology, and innovation," Coons said. "Today this legislation is more important than ever, as more and more of our global competitors ramp up their investments in research and development. The 2010 COMPETES reauthorization was one of the first bills I cosponsored as a senator, and I'm proud to help lead its reauthorization in the Senate again this year. We have to keep investing in the research and innovation that will drive our economy and keep our nation competitive." "Scientific discovery is fundamental to American innovation and critical to our economic and national security. Science unlocks mysteries from the edge of space to the depths of the oceans, leading to the solutions, technologies and industries that fuel American exceptionalism. Federal support for scientific research is essential, and I am proud to join with Senators Rockefeller, Durbin, Nelson, Pryor and Coons in introducing the COMPETES Act," Markey said.

Rockefeller has championed R&D, STEM, and innovation related issues throughout his entire career. Earlier this month, he chaired a hearing of the Senate Commerce Committee titled, "The Federal Research Portfolio: Capitalizing on Investments in R&D," at which the Committee discussed America COMPETES, the federal government's critical role in R&D, and the nation's STEM education and outreach initiatives. One of the witnesses, Dr. Vinton Cerf, who played a leading role in the development of the Internet and is now Google's Vice President, noted during his testimony that, "Government support for basic and applied research is crucial. Not only does it bring great civil and economic benefits, but the government also has the unique capacity to sustain this kind of effort." Rockefeller also: * Authored the 1995 National Technology and Advancement Act to encourage public-private research agreements; * Promoted innovation by extending the research and experimentation tax credit in 1999; * Worked as a member of the Science and Technology Caucus to propose significant increases to Federal R&D funding; * Authorized the successful Robert Noyce Teacher Fellowship Program and NSF Math and Science Education Partnerships; and, * Worked to develop and pass both the 2007 America COMPETES Act and the America COMPETES Reauthorization Act of 2010.

For text of the legislation, click here (http://www.rockefeller.senate.gov/public/index.cfm/files/serve?File_id=5ab4798a-0887-436d-91d7-293ed9587c81&SK=DBC8579EE2E08D38EE5112D844018C98).

TNS 30FurigayJof-140801-4816940 30FurigayJof (c) 2014 Targeted News Service

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