H.R. 4865: Nanotechnology Advancement and New Opportunities Act

114th Congress · introduced 2016-03-23 · Science, Technology, Communications · Latest: Referred to the Subcommittee on Research and Technology.

federal

Follow this bill, step by step

Where it came from: introduced 2016-03-23 · official record
Who proposed it: Rep. Honda, Michael M. [D-CA-17] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Research and Technology. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Nanotechnology Advancement and New Opportunities Act

Plain summary

Nanotechnology Advancement and New Opportunities Act This bill directs the Department of Commerce, if $100 million is made available from the private sector for establishing a Nanomanufacturing Investment Partnership, to establish such a Partnership to provide funding for precommercial nanomanufacturing research and development projects. The Partnership may provide funding through direct investments in specified mechanisms designed to advance nanomanufacturing. Commerce shall establish an advisory board to assist it in carrying out the Partnership. The bill amends the Internal Revenue Code (IRC) to allow a tax credit for the purchase of qualified nanotechnology developer stock. Commerce may establish within the Technology Administration a grant program to support the establishment and development of incubators (entities affiliated with or housed in degree-granting institutions that provide space and coordinated and specialized services to certain entrepreneurial businesses). Commerce shall establish a Nanotechnology Startup Advisory Council. The National Science Foundation (NSF) shall establish a Nanoscale Science and Engineering Center for the development of computer aided design tools for nanotechnology applications. The bill requires the establishment of nanotechnology research grant programs by: (1) the Department of Energy (DOE) to address the need for clean, cheap, renewable energy; (2) the Environmental Protection Agency to address technologies for remediation of pollution and other environmental protection technologies; (3) the Department of Homeland Security to address the need for sensors and other materials related to homeland security needs; and (4) the Department of Health and Human Services to address health-related applications of nanotechnology. The National Nanotechnology Coordination Office shall transmit a nanotechnology research strategy establishing priorities for the federal government and industry. The bill amends the IRC to: (1) allow a tax credit for nanotechnology education and training program expenses; and (2) revise, for purposes of Hope and Lifetime Learning tax credits, the definition of "eligible educational institution" to include commercial nanotechnology training providers. The NSF shall establish: (1) a grant program for the development of curriculum materials for interdisciplinary nanotechnology courses at institutions of higher education, and (2) a program to encourage manufacturing companies to enter into partnerships with occupational training centers for the development of training to support nanotechnology manufacturing. DOE shall transmit to Congress a strategy for increasing interaction on nanotechnology issues between scientists and engineers at DOE national laboratories and in the informal science education community.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Nanotechnology Advancement and New Opportunities Act

Source: Congressional Research Service summary (Introduced in House)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Honda, Michael M. [D-CA-17] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr4865.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>

Record fed-us-cong114-hr4865 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114