<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="116" measure-type="hr" measure-number="5357" measure-id="id116hr5357" originChamber="HOUSE" orig-publish-date="2019-12-06" update-date="2020-07-27">
<title>Innovation Network and Capital Act of 2019</title>
<summary summary-id="id116hr5357v00" currentChamber="HOUSE" update-date="2020-07-27">
<action-date>2019-12-06</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p><b>Innovation Network and Capital Act of 2019</b></p> <p>This bill establishes and provides funds through FY2025 for a grant program in the National Institutes&nbsp;of Health (NIH) to expand the commercialization of biomedical&nbsp;products. NIH shall award grants or contracts to entities that have received funding from either the Small Business Innovation Research Program or the Small Business Technology Transfer Program of NIH. Awardees must use the funds to support participation in specified NIH programs and activities related to the commercialization stage of research, later stage research and development, technology transfer, and commercialization technical assistance. <br /></p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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