To increase the amount in certain funding agreements relating to patents and nonprofit organizations to be used for scientific research, development, and education, and for other purposes.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Increases to 15% (currently 5%) of a government-owned contractor-operated facility's annual budget, for facilities with annual budgets of less than $40 million, the amount of money from royalties or income earned during any fiscal year from a patent for a subject invention under a funding agreement that a nonprofit organization can keep for scientific research, development, and education consistent with the research and development mission and objectives of the facility.
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