PUBLIC LAW 102-245—FEB. 14, 1992 106 STAT. 15 (C) the President determines that such an award would be in violation of the Genercd Agreement on Tariffs and Trade or an intemationed agreement to which the United States is a party. (3) This subsection shall apply only to contracts made for which— (A) amounts are authorized by this title to be made available; and (B) solicitations for bids are issued after the date of enactment of this Act. (4) The Secretary, before January 1, 1993, shall report to the Reports. Congress on contracts covered \inder this subsection— (A) entered into with foreign firms pursuant to a determination made under paragraph (2) of this subsection; and (B) awarded to domestic firms pursuant to paragraph (1) of this subsection, in fiscal years 1991 and 1992. (5) For purposes of this subsection— (A) the term "domestic firm" means a business entity that is incorporated in the United States and that conducts business operations in the United States; and (B) the term "foreign firm" means a business entity not described in subparagraph (A). TITLE II—ADVANCED TECHNOLOGY PROGRAM AMENDMENTS SEC. 201. EMERGING TECHNOLOGIES RESEARCH AND DEVELOPMENT. (a) SHORT TITLE.— This title may be cited as the "Emerging Technologies and Advanced Technology Program Amendments Act of 1991". (b) FINDINGS AND PURPOSES.— (1) The Congress finds that— (A) technological innovation and its profitable inclusion in commercial products are critical components of the ability of the United States to raise the living standards of Americans and to compete in world markets; (B) maintaining viable United States-based high technology industries is vited to both the national security and the economic well-being of the United States; (C) the Depgirtment of Commerce has reported that the United States is losing or losing badly, relative to Japan and Europe, in many important emerging technologies and risks losing much of the $350,000,000,000 United States market and $1,000,000,000,000 world market expected to develop by the year 2000 for products based on emerging technologies; (P) it is in the national interest for the Federal Government to encourage and, in selected cases, provide limited financial assistance to industry-led private sector efforts to increase research and development in economically critical areas of technology; (E) joint ventures are a particularly effective and appropriate way to pool resources to conduct research that no single comp£my is likely to undertake but which will create new generic technologies that will benefit an entire industry and the welfare of the Nation; (F) it is vital that industry within the United States attedn a leadership role and capability in development, design, and mfmufacturing in fields such as high-resolution information systems, advemced manufacturing, and advanced materials; and Emerging Technologies and Advanced Technology Program Amendments Act of 1991. Business and industry. 15 USC 271 note. 15 USC 278n note.
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