Page:United States Statutes at Large Volume 114 Part 1.djvu/465

 PUBLIC LAW 106-224—JUNE 20, 2000 114 STAT. 429 the application and advancement of biomass processing technology by— (A) increasing the confidence and speed with which new technologies can be scaled up; and (B) giving rise to processing innovations based on new knowledge; (10) the added utility of biobased industried products developed through improvements in processing technology would encourage the design of feedstocks that would meet future needs more effectively; (11) the creation of value-added biobased industrial products would create new jobs in construction, manufacturing, and distribution, as well as new higher-valued exports of products and technology; (12)(A) because of the relatively short-term time horizon characteristic of private sector investments, and because many benefits of biomass processing are in the national interest, it is appropriate for the Federal (Government to provide precommercial investment in fundamental research and research-driven innovation in the biomass processing area; and (B) such an investment would provide a valuable complement to ongoing and past governmental support in the biomass processing area; and (13) several prominent studies, including studies by the President's Committee of Advisors on Science and Technology and the Nationgd Research Council— (A) support the potential for large research-driven ,. advances in technologies for production of biobased industrial products as well as associated benefits; and (B) document the need for a focused, integrated, and innovation-driven research effort to provide the appropriate progress in a timely manner. SEC. 303. DEFINITIONS. 7 USC 7624 note. In this title: (1) ADVISORY COMMITTEE. —The term "Advisory Committee" means the Biomass Research and Development Technical Advisory Committee established by section 306. (2) BIOBASED INDUSTRIAL PRODUCT.—The term "biobased industrial product" mesuis fuels, chemicals, building materials, or electric power or heat produced from biomass. (3) BIOMASS. —The term "biomass" means any organic matter that is available on a renewable or recurring basis, including agricultured crops and trees, wood and wood wastes and residues, plants (including aquatic plants), grasses, residues, fibers, and animal wastes, municipal wastes, and other waste materials. (4) BOARD. —The term "Board" means the Biomass Research and Development Board established by section 305. (5) INITIATIVE.—The term "Initiative" means the Biomass Research and Development Initiative established under section 307. (6) INSTITUTION OF HIGHER EDUCATION.—The term "institution of higher education" has the meaning given the term in section 102(a) of the Higher Education Act of 1965 (20 U.S.C. 1002(a)).

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