42 U.S. Code § 6603 - Sense of Congress on innovation acceleration research
It is the sense of Congress that each Executive agency that funds research in science, technology, engineering, or mathematics should set a goal of allocating an appropriate percentage of the annual basic research budget of such agency to funding high-risk, high-reward basic research projects described in subsection (a).
The term “basic research” has the meaning given such term in the Office of Management and Budget Circular No. A–11.
The term “Executive agency” has the meaning given such term in section 105 of title 5.
Section was enacted as part of the America COMPETES Act, also known as the America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science Act, and not as part of the National Science and Technology Policy, Organization, and Priorities Act of 1976 which comprises this chapter.