Page:United States Statutes at Large Volume 121.djvu/1718

 PUBLIC LAW 110–140—DEC. 19, 2007

121 STAT. 1697

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‘‘(ii) the funds needed to pay out the announced amount of the increase have been appropriated or committed in writing by the administering entity. ‘‘(F) SUNSET.—The authority to announce prize competitions under this subsection shall terminate on September 30, 2018. ‘‘(2) PRIZE CATEGORIES.— ‘‘(A) CATEGORIES.—The Secretary shall establish prizes under this subsection for— ‘‘(i) advancements in technologies, components, or systems related to— ‘‘(I) hydrogen production; ‘‘(II) hydrogen storage; ‘‘(III) hydrogen distribution; and ‘‘(IV) hydrogen utilization; ‘‘(ii) prototypes of hydrogen-powered vehicles or other hydrogen-based products that best meet or exceed objective performance criteria, such as completion of a race over a certain distance or terrain or generation of energy at certain levels of efficiency; and ‘‘(iii) transformational changes in technologies for the distribution or production of hydrogen that meet or exceed far-reaching objective criteria, which shall include minimal carbon emissions and which may include cost criteria designed to facilitate the eventual market success of a winning technology. ‘‘(B) AWARDS.— ‘‘(i) ADVANCEMENTS.—To the extent permitted under paragraph (1)(E), the prizes authorized under subparagraph (A)(i) shall be awarded biennially to the most significant advance made in each of the four subcategories described in subclauses (I) through (IV) of subparagraph (A)(i) since the submission deadline of the previous prize competition in the same category under subparagraph (A)(i) or the date of enactment of this subsection, whichever is later, unless no such advance is significant enough to merit an award. No one such prize may exceed $1,000,000. If less than $4,000,000 is available for a prize competition under subparagraph (A)(i), the Secretary may omit one or more subcategories, reduce the amount of the prizes, or not hold a prize competition. ‘‘(ii) PROTOTYPES.—To the extent permitted under paragraph (1)(E), prizes authorized under subparagraph (A)(ii) shall be awarded biennially in alternate years from the prizes authorized under subparagraph (A)(i). The Secretary is authorized to award up to one prize in this category in each 2-year period. No such prize may exceed $4,000,000. If no registered participants meet the objective performance criteria established pursuant to subparagraph (C) for a competition under this clause, the Secretary shall not award a prize. ‘‘(iii) TRANSFORMATIONAL TECHNOLOGIES.—To the extent permitted under paragraph (1)(E), the Secretary shall announce one prize competition authorized under

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