EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C. 20503
STATEMENT OF ADMINISTRATION POLICY
(THIS STATEMENT HAS BEEN COORDINATED BY OMB WITH THE CONCERNED AGENCIES.)
May 10, 1999
H.R. 209 - Technology Transfer Commercialization Act
(Morella (R) Maryland and Brown (D) California)
The Administration supports House passage of H.R. 209, which will significantly facilitate the licensing of Government-owned inventions by Federal agencies.
H.R. 209 would affect receipts and direct spending; therefore, it is subject to the pay-as-you-go (PAYGO) requirements of the Omnibus Budget Reconciliation Act of 1990. OMB's preliminary PAYGO estimate is being developed.