Page:United States Statutes at Large Volume 121.djvu/1719

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.
[121 STAT. 1698]
PUBLIC LAW 110-000—MMMM. DD, 2007
[121 STAT. 1698]

121 STAT. 1698

PUBLIC LAW 110–140—DEC. 19, 2007

dkrause on GSDDPC44 with PUBLAW

subparagraph (A)(iii) as soon after the date of enactment of this subsection as is practicable. A prize offered under this clause shall be not less than $10,000,000, paid to the winner in a lump sum, and an additional amount paid to the winner as a match for each dollar of private funding raised by the winner for the hydrogen technology beginning on the date the winner was named. The match shall be provided for 3 years after the date the prize winner is named or until the full amount of the prize has been paid out, whichever occurs first. A prize winner may elect to have the match amount paid to another entity that is continuing the development of the winning technology. The Secretary shall announce the rules for receiving the match in the notice required by paragraph (1)(B)(ii). The Secretary shall award a prize under this clause only when a registered participant has met the objective criteria established for the prize pursuant to subparagraph (C) and announced pursuant to paragraph (1)(B)(ii). Not more than $10,000,000 in Federal funds may be used for the prize award under this clause. The administering entity shall seek to raise $40,000,000 toward the matching award under this clause. ‘‘(C) CRITERIA.—In establishing the criteria required by this subsection, the Secretary— ‘‘(i) shall consult with the Department’s Hydrogen Technical and Fuel Cell Advisory Committee; ‘‘(ii) shall consult with other Federal agencies, including the National Science Foundation; and ‘‘(iii) may consult with other experts such as private organizations, including professional societies, industry associations, and the National Academy of Sciences and the National Academy of Engineering. ‘‘(D) JUDGES.—For each prize competition under this subsection, the Secretary in consultation with the administering entity shall assemble a panel of qualified judges to select the winner or winners on the basis of the criteria established under subparagraph (C). Judges for each prize competition shall include individuals from outside the Department, including from the private sector. A judge, spouse, minor children, and members of the judge’s household may not— ‘‘(i) have personal or financial interests in, or be an employee, officer, director, or agent of, any entity that is a registered participant in the prize competition for which he or she will serve as a judge; or ‘‘(ii) have a familial or financial relationship with an individual who is a registered participant in the prize competition for which he or she will serve as a judge. ‘‘(3) ELIGIBILITY.—To be eligible to win a prize under this subsection, an individual or entity— ‘‘(A) shall have complied with all the requirements in accordance with the Federal Register notice required under paragraph (1)(B)(ii);

VerDate Aug 31 2005

07:12 Jan 26, 2009

Jkt 059194

PO 00002

Frm 00406

Fmt 6580

Sfmt 6581

M:\STATUTES\2007\59194PT2.001

APPS10

PsN: 59194PT2