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H.R. 4465, Federally Funded Research and Technology Development Protection Act (CBO Report for Congress)

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Congress 117th
Date Requested July 20, 2021
Requested By House Committee on Oversight and Reform
Date Sent March 15, 2022
Description:
H.R. 4465 would require federal grant-making agencies to guard against attempts by foreign governments to gain access to information developed through federally funded research programs. Specifically, the bill would direct the Office of Management and Budget to develop measures to help agencies prevent foreign governments from recruiting people or entities to share such information. National Security Presidential Memorandum 33, issued on January 14, 2021, identifies actions federal agencies should take to strengthen protections against foreign government interference and exploitation in research. Other guidance, released in January 2022, standardizes policies to secure research activities throughout the government. On that basis, CBO expects that implementing H.R. 4465 would not significantly increase agencies’ administrative expenses. Thus, CBO estimates that implementing H.R. 4465 would have no significant cost over the 2022-2026 period.

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