"To establish the IMPACT for Energy Foundation."
Reps. Ben Ray Luján (D-NM) and Joe Wilson (R-SC) / Sens. Chris Coons (D-DE) and Lindsey Graham (R-SC)
Summary of Selected Provisions
- Directs the Department of Energy to establish a nonprofit, independent foundation to accept and channel funding for innovation initiatives from private donors
- Specifies that the foundation can conduct and support studies, competitions, projects, research, development, commercialization, and other activities
- Establishes that the foundation's board of directors comprise appointed members from industry, the academic community, nonprofit organizations, and other stakeholder groups
Actions on the House bill
Actions on the Senate bill
H.R.3575 incorporated into the House's Clean Economy Jobs and Innovation Act.
Relevant FYI Bulletins