PUBLIC LAW 110–69—AUG. 9, 2007
121 STAT. 715
that may be submitted by an institution, the Director shall allow the subsequent submission of a full proposal based on each preproposal that is determined to have merit following the Foundation’s merit review process. (b) REVIEW AND ASSESSMENT OF POLICIES.—The Board shall review and assess the effects on institutions of higher education of the policies of the Foundation regarding the imposition of limitations on the number of proposals that may be submitted by a single institution for programs supported by the Foundation. The Board shall determine whether current policies are well justified and appropriate for the types of programs that limit the number of proposal submissions. Not later than 1 year after the date of enactment of this Act, the Board shall summarize the Board’s findings and any recommendations regarding changes to the current policy on the restriction of proposal submissions in a report to the Committee on Science and Technology of the House of Representatives and to the Committee on Commerce, Science, and Transportation and the Committee on Health, Education, Labor, and Pensions of the Senate.
Deadline. Reports.
TITLE VIII—GENERAL PROVISIONS SEC. 8001. COLLECTION OF DATA RELATING TO TRADE IN SERVICES.
(a) REPORT.—Not later than January 31, 2008, the Secretary of Commerce, acting through the Director of the Bureau of Economic Analysis, shall report to Congress on the feasibility, annual cost, and potential benefits of a program to collect and study data relating to export and import of services. (b) PROGRAM.—The proposed program to be studied under subsection (a) shall include requirements that the Secretary annually— (1) provide data collection and analysis relating to export and import of services; (2) collect and analyze data for service imports and exports in not less than 40 service industry categories, on a Stateby-State basis; (3) collect data on, and analyze, the employment effects of exports and imports on the service industry; and (4) integrate ongoing and planned data collection and analysis initiatives in research and development and innovation. SEC. 8002. SENSE OF THE SENATE REGARDING SMALL BUSINESS GROWTH AND CAPITAL MARKETS.
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(a) FINDINGS.—Congress finds that— (1) the United States has the most fair, most transparent, and most efficient capital markets in the world, in part due to its strong securities statutory and regulatory scheme; (2) it is of paramount importance for the continued growth of the economy of the Nation, that our capital markets retain their leading position in the world; (3) small businesses are vital participants in United States capital markets, and play a critical role in future economic growth and high-wage job creation; (4) section 404 of the Sarbanes-Oxley Act of 2002 has greatly enhanced the quality of corporate governance and financial reporting for public companies and increased investor confidence;
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