A bill entitled the "Science and Technology Research and Development Utilization Policy Act".

[AI summary unavailable — showing source text] Title I: Policy - Declares the purpose of this Act to be: (1) to establish and maintain a Federal policy for the use and management of the results of federally-sponsored science and technology research and development programs; and (2) to monitor the impact of such programs on innovation and technology development. Title II: Implementation - Directs the Secretary of Commerce to coordinate, direct, and review the utilization and protection of rights in Government-owned inventions. Directs each Federal agency to develop and implement programs for the transfer of Government-owned innovative technology for application and use in industry, agriculture, medicine, transportation, and other critical sectors of the economy. Title III: Allocation of Rights - Government Contractors - Requires each Federal agency to acquire, on behalf of the United States, title to any invention made under Federal contract if the agency determines: (1) the contractor's services are for the operation of a Government-owned research or production facility; (2) the work performed is of a classified nature; (3) Government retention of title is necessary for protection of the public health, safety, or welfare; (4) a…