Contact:
Chris McManes IEEE-USA Applauds Passage of Nanotechnology Bill WASHINGTON (02 May 2003) — The House Science Committee on Thursday approved H.R. 766, the Nanotechnology Research and Development Act of 2002. The legislation authorizes $2.36 billion over three years for nanotechnology R&D programs at the National Science Foundation (NSF), Department of Energy, Department of Commerce, NASA and the Environmental Protection Agency. “IEEE-USA is pleased that the Science Committee has displayed leadership by approving this important piece of legislation,” IEEE-USA Research & Development Policy Committee Chair Ron Hira said. “We look forward to working with the bill’s sponsors to help educate other legislators on its importance.” Nanotechnology, or research and technology development at the atomic, molecular or macromolecular levels, is predicted by NSF to become a $1 trillion global market in little over a decade. “This bill, over time, will bolster our economy as well as add to our storehouse of knowledge,” said Science Committee Chairman Sherwood Boehlert (R-N.Y.), primary sponsor of the legislation with Rep. Mike Honda (D-Calif.). IEEE-USA is an organizational unit of The Institute of Electrical and Electronics Engineers created in 1973 to promote the careers and public-policy interests of the more than 235,000 electrical, electronics, computer and software engineers who are U.S. members of the IEEE. The IEEE is the world's largest technical professional society. For more information, go to http://www.ieeeusa.org.
1828 L Street, N.W., Suite 1202 Washington, DC 20036-5104 Phone: 202-785-0017, Fax: 202-785-0835 | Top of Page | News Releases | IEEE News | IEEE | IEEE-USA | Last Updated: 08
November 2002 |