National Industrial Innovation Act of 1980
Latest action. Referred to House Committee on Science and Technology.
National Industrial Innovation Act of 1980 - Title I: Establishment of National Industrial Innovation Corporation - Authorizes the creation of the National Industrial Innovation Corporation as a Federal agency to promote the development and commercialization of U.S. industrial innovation endeavors. Sets forth provisions for the administrative organization, financing, and powers of the Corporation. Title II: Financial Assistance - Authorizes the Corporation to provide financial assistance to qualifying firms for industrial innovation endeavors. Directs the Corporation to assist smaller firms in applying for such assistance. Specifies standards required of recipient firms. Authorizes the Corporation to make a loan to or invest in qualifying firms in the development and/or production of a single industrial innovation endeavor project. Sets forth elements to be considered in selecting such projects. Authorizes the Corporation to make loan guarantees for eligible firms and projects pursuant to this Act. Sets forth restrictions on the provision of such financial assistance. Requires recipients to provide information as directed by the Corporation. Title III: Miscellaneous Provisions - Sets forth provisions relating to the Corporation's tax-exempt status, budgetary treatment, deposits of money, obligations, and accounts. Directs the Corporation to submit annual reports to the Director of the Office of Management and Budget, the Congress, and the President.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on September 16, 1980. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on September 16, 1980: Referred to House Committee on Science and Technology.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
RICHARD OTTINGER (D-NY) introduced it on September 16, 1980. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on September 16, 1980, 16842 days ago. The most recent recorded action was 16842 days ago, on September 16, 1980.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers