Summary: Technology Innovation and Manufacturing Stimulation Act of 2007 - Title I: Authorization of Appropriations - (Sec. 101) Authorizes appropriations to the Secretary of Commerce for FY2008-FY2010 for: (1) scientific and technical research and services laboratory activities of the National Institute of Standards and Technology (NIST); (2) the Malcolm Baldrige National Quality Award program; (3) construction and maintenance of NIST facilities; and (4) NIST Industrial Technology Services activities. Title II: Innovation and Technology Policy Reforms - (Sec. 201) Requires the Director of NIST (the Director), concurrent with submission to Congress of the President's annual budget request, to transmit a three-year programmatic planning report for NIST, including programs under the Scientific and Technical Research and Services, Industrial Technology Services, and Construction of Research Facilities functions, and subsequent updates. (Sec. 202) Amends the National Institute of Standards and Technology Act to provide that annual reports to the Secretary of Commerce (the Secretary) and Congress be submitted by the Visiting Committee on Advanced Technology within 30 days (currently, on or before January 31 in each year) after the submission to Congress of the President's annual budget request. Requires that such report also comment on the programmatic planning document and updates thereto transmitted to Congress by the Director. (Sec. 203) Establishes within NIST a Manufacturing Extension Partnership (MEP) Advisory Board. Requires such Board to provide to the Director advice on: (1) MEP programs, plans, and policies; (2) assessments of the soundness of MEP plans and strategies; and (3) assessments of current performance against MEP program plans. Requires such Board to transmit annual reports to the Secretary for transmittal to Congress within 30 days after the submission to Congress of the President's annual budget request which shall address the status of the MEP program and comment on the relevant sections of the programmatic planning document and updates thereto transmitted to Congress by the Director.Amends the National Institute of Standards and Technology Act to allow the Secretary and the Director to accept funds from other federal departments and agencies and from the private sector to strengthen U.S. manufacturing. Prohibits such funds, if allocated to a Regional Center for the Transfer of Manufacturing Technology or such Centers, from being considered in the calculation of the federal share of capital and annual operating and maintenance costs. Requires the Director to establish within the MEP program a program to award competitive grants among the Centers, or a consortium of such Centers, for the development of projects to solve new or emerging manufacturing problems. Permits one or more themes for the competition to be identified, which may vary from year to year, depending on the needs of manufacturers and the success of previous competitions. Bars recipients of such grant awards from being required to provide a matching contribution. (Sec. 204) Abolishes the Advanced Technology Program (ATP) and replaces it with the Technology Innovation Program (TIP), while continuing support originally awarded under ATP. Provides for TIP to assist U.S. businesses and institutions of higher education or other organizations, such as national laboratories and nonprofit research institutes, to accelerate the development and application of challenging, high-risk, high-reward technologies in areas of critical national need that promise widespread economic benefits for the nation. Requires the Director to make grants to eligible companies for research and development on high-risk, high-reward emerging and enabling technologies (including any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use) that address critical national needs and have a wide breadth of potential application, and form an important technical basis for future innovations. Specifies that such grants be made to: (1) eligible companies that are small or medium-sized businesses; or (2) joint ventures. Sets forth limitations on single company and joint venture grant amounts. Limits the federal share of a project to not more than half of total project costs. Requires the Director, in carrying out TIP, as appropriate, to coordinate with other senior state and federal officials to ensure cooperation and coordination in state and federal technology programs and to avoid unnecessary duplication of efforts. Establishes within NIST a Technology Innovation Program (TIP) Advisory Board. Requires such Board to provide to the Director: (1) advice on programs, plans, and policies of TIP; (2) reviews of TIP's efforts to assess it economic impact; (3) reports on the general health of the program and its effectiveness in achieving its legislatively mandated mission; (4) guidance on areas of technology that are appropriate for TIP funding; and (5) recommendations as to whether, in order to better assess whether specific innovations to be pursued are being adequately supported by the private sector, the Director could benefit from advice and information from additional industry and other experts sources without a proprietary or financial interest in proposals being evaluated. Requires such Board to transmit annual reports to the Secretary for transmittal to Congress within 30 days after the submission to Congress of the President's annual budget request which shall address the status of TIP and comment on the relevant sections of the programmatic planning document and updates thereto transmitted to Congress by the Director. Defines "high-risk, high-reward research" to mean research that: (1) has the potential for yielding results with far-ranging or wide-ranging implications; (2) addresses critical national needs related to technology and measurement standards; and (3) is too novel or spans too diverse a range of disciplines to fare well in the traditional peer review process. (Sec. 205) Increases funding for research fellowships and other financial assistance to students at institutions of higher education within the United States and to U.S. citizens for research and technical activities on NIST programs. (Sec. 206) Requires the Director to establish a manufacturing research pilot grants program to make awards to partnerships to foster cost-shared collaborations among firms, educational and research institutions, state agencies, and nonprofit organizations in the development of innovative, multidisciplinary manufacturing technologies. Requires such partnerships to include at least one manufacturing industry partner and one nonindustry partner. Requires partnerships receiving awards to conduct applied research to develop new manufacturing processes, techniques, or materials that would contribute to improved performance, productivity, and competitiveness of U.S. manufacturing, and build lasting alliances among collaborators. Bars: (1) awards from providing for not more than one-third of the costs of a partnership; and (2) not more than an additional one-third of such costs from being obtained directly or indirectly from other federal sources. Instructs the Director, in selecting applications, to ensure, a distribution of overall awards among a variety of manufacturing industry sectors and a range of firm sizes. Requires the Director to run a single pilot competition to solicit and make awards. Limits each award to a 3-year period. (Sec. 207) Requires the Director, in order to promote the development of a robust research community working at the leading edge of manufacturing sciences, to establish a program to award: (1) postdoctoral research fellowships at NIST for research activities related to manufacturing sciences; and (2) senior research fellowships to establish researchers in industry or at institutions of higher education who wish to pursue studies related to the manufacturing sciences at NIST. Requires the Director to provide stipends for post-doctoral research fellowships at a level consistent with the National Institute of Standards and Technology Post-doctoral Research Fellowship Program, and senior research fellowships at levels consistent with support for a faculty member in a sabbatical position. (Sec. 208) Amends the National Institute of Standards and Technology Act to provide for the Visiting Committee on Advanced Technology to meet at least twice each year (currently at least quarterly) at the call of the chairman of the Committee or whenever one-third of the Committee's members so request in writing. (Sec. 209) Directs NIST to provide for the establishment of a manufacturing research database to enable private sector individuals and federal officials to access a broad range of information on manufacturing research carried out with funding support from the federal government. Requires the database to contain: (1) all publicly available information maintained by a federal agency relating to manufacturing research projects funded in whole or in part by the federal government; and (2) information about all federal programs that may be of interest to manufacturers. Requires that the information contained in the database be accessible in a manner that enables users of the database to easily retrieve information of specific interest to them.Allows NIST to authorize charging a nominal fee for using the database to access such information as necessary to recover the costs of maintaining the database.Authorizes appropriations. Title III: Miscellaneous - (Sec. 301) Amends the National Institute of Standards and Technology Act to double the number of fellows per fiscal year to be included in the post-doctoral fellowship program. (Sec. 302) Amends such Act to add as a function of the Secretary and NIST, the authority to enter into contracts which include grants and cooperative agreements to further the purposes of NIST. (Sec. 303) Prohibits the transfer of not more than one-quarter of 1% of the amounts appropriated to NIST for any fiscal year to the Working Capital Fund, in addition to any other transfer authority. Permits, in addition, transfer to such Fund of funds provided to NIST from other federal agencies for the production of standard reference materials. (Sec. 304) Authorizes the Director to retain all building use and depreciation surcharge fees collected pursuant to OMB Circular A-25 (relating fees assessed for government services and for sale or use of government goods or resources). Requires such fees to be collected and credited to the construction of research facilities appropriation account for use in maintenance and repair of NIST's existing facilities. (Sec. 305) Amends the National Institute of Standards and Technology Act to repeal the non-energy inventions program. (Sec. 307) Repeals the Act of July 21, 1950 (relating to the legal units of electrical and photometric measurement in the United States and relating to the establishment of the values of the primary electric and photometric units in absolute measure and the legal values for these units). (Sec. 309) Allows the Director, through September 30, 2010, to annually procure the temporary or intermittent services of up to 200 experts or consultants to assist on urgent or short-term projects.Directs the Comptroller General to report on whether additional safeguards would be needed with respect to the use of such authority if it were to be made permanent.(Sec. 310) Amends the Stevenson-Wydler Technology Innovation Act of 1980 to revise the limitation on the number of Malcolm Baldrige National Quality Awards that may be made in any year by permitting not more than 18 awards to be made in any year to recipients who have not previously received such an award. Prohibits any award from being made within any category in which such an award may be given if there are no qualifying enterprises in that category.

technology innovation manufacturing stimulation act title authorization appropriations sec authorizes appropriations secretary commerce fy2008 fy2010 scientific technical research services laboratory activities national_institute_of_standards_and_technology nist program construction maintenance nist facilities nist activities title innovation technology policy reforms sec requires director nist director concurrent submission annual budget request transmit year programmatic planning report nist including programs functions subsequent updates sec amends national_institute_of_standards_and_technology_act provide annual reports secretary commerce secretary congress submitted days currently january year submission annual budget request requires report comment programmatic planning document updates thereto transmitted congress director sec establishes advisory_board requires board provide director advice programs plans policies assessments soundness plans strategies assessments current performance program plans requires board transmit annual reports secretary transmittal congress days submission annual budget request shall address status program comment relevant sections programmatic planning document updates thereto transmitted congress director amends national_institute_of_standards_and_technology_act allow secretary director accept funds federal departments agencies private sector strengthen manufacturing prohibits funds allocated centers considered calculation federal share capital annual operating maintenance costs requires director establish program program award competitive grants centers consortium centers development projects solve new emerging manufacturing problems permits competition identified vary year year depending needs manufacturers success previous competitions bars recipients grant awards required provide matching contribution sec abolishes replaces tip continuing support originally awarded provides tip assist businesses institutions higher education organizations national laboratories nonprofit research institutes accelerate development application challenging high risk high reward technologies areas critical national need promise widespread economic benefits nation requires director grants eligible companies research development high risk high reward emerging enabling technologies including technological application uses biological systems living organisms derivatives thereof modify products processes specific use address critical national needs wide potential application form important technical basis future innovations specifies grants eligible companies small medium sized businesses joint ventures sets forth limitations single company joint venture grant amounts limits federal share project half total project costs requires director carrying tip appropriate coordinate senior state federal officials ensure cooperation coordination state federal technology programs avoid unnecessary duplication efforts establishes tip advisory_board requires board provide director advice programs plans policies tip reviews tip efforts assess economic impact reports general health program effectiveness achieving mandated mission guidance areas technology appropriate tip funding recommendations order better assess specific innovations pursued adequately supported private sector director benefit advice information additional industry experts sources proprietary financial interest proposals evaluated requires board transmit annual reports secretary transmittal congress days submission annual budget request shall address status tip comment relevant sections programmatic planning document updates thereto transmitted congress director defines high risk high reward research mean research potential results far ranging wide ranging implications addresses critical national needs related technology measurement standards novel spans diverse range disciplines fare traditional peer review process sec increases funding research fellowships financial assistance students institutions higher education united_states citizens research technical activities nist programs sec requires director establish manufacturing research pilot grants program awards partnerships foster cost shared collaborations firms educational research institutions state agencies nonprofit organizations development innovative multidisciplinary manufacturing technologies requires partnerships include manufacturing industry partner partner requires partnerships receiving awards conduct applied research develop new manufacturing processes techniques materials contribute improved performance productivity competitiveness manufacturing build lasting alliances bars awards providing costs partnership additional costs obtained directly indirectly federal sources instructs director selecting applications ensure distribution overall awards variety manufacturing industry sectors range firm sizes requires director run single pilot competition solicit awards limits award year period sec requires director order promote development robust research community working leading edge manufacturing sciences establish program award postdoctoral research fellowships nist research activities related manufacturing sciences senior research fellowships establish researchers industry institutions higher education wish pursue studies related manufacturing sciences nist requires director provide stipends post doctoral research fellowships level consistent senior research fellowships levels consistent support faculty member position sec amends national_institute_of_standards_and_technology_act provide meet twice year currently quarterly chairman committee committee members request writing sec directs nist provide establishment manufacturing research database enable private sector individuals federal officials access broad range information manufacturing research carried funding support federal government requires database contain publicly available information maintained federal agency relating manufacturing research projects funded federal government information federal programs interest manufacturers requires information contained database accessible manner enables users database easily retrieve information specific interest allows nist authorize charging nominal fee database access information necessary recover costs maintaining database authorizes appropriations title iii miscellaneous sec amends national_institute_of_standards_and_technology_act double number fellows fiscal year included post doctoral fellowship program sec amends act add function secretary nist authority enter contracts include grants cooperative agreements purposes nist sec prohibits transfer quarter amounts appropriated nist fiscal year addition transfer authority permits addition transfer fund funds provided nist federal agencies production standard reference materials sec authorizes director retain building use depreciation surcharge fees collected pursuant omb circular relating fees assessed government services sale use government goods resources requires fees collected credited construction research facilities appropriation account use maintenance repair nist existing facilities sec amends national_institute_of_standards_and_technology_act repeal non energy inventions program sec repeals act july relating legal units electrical measurement united_states relating establishment values primary electric units absolute measure legal values units sec allows director september annually procure temporary intermittent services experts consultants assist urgent short term projects directs comptroller general report additional safeguards needed respect use authority amends stevenson-wydler_technology innovation act revise limitation number year permitting awards year recipients previously received award prohibits award category award given qualifying enterprises category


Summary: Investment in America Act of 2007 - Amends the Internal Revenue Code to: (1) increase from 12 to 20% the rate of the alternative simplified tax credit for research expenses; (2) make permanent the tax credit for increasing research activities; and (3) repeal the alternative incremental tax credit for research expenses.

investment america act amends internal revenue code increase rate alternative simplified tax credit research expenses permanent tax credit increasing research activities repeal alternative incremental tax credit research expenses