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The Committee on Environmental Preservation and Conservation

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(Dockery) recommended the following amendment to amendment

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(223658):

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     Senate Amendment (with title amendment)

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     Between line(s) 1567 and 1568,

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insert:

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     Section 25. State interest.--

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     (1) As a condition for the issuance of grants or other

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monetary awards to private companies for energy-related research

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or deployment projects, the Department of Environmental

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Protection may require a negotiated or licensing agreement

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containing a stipulation requiring the return to the state of an

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agreed-upon amount or percentage of profit resulting from

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commercialization of the product or process.

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     (2) The Department of Environmental Protection shall

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conduct a study to determine how negotiated or licensing

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agreements may best be used in these situations in order for the

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state to earn a monetary return on energy-related products or

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processes that are ultimately prohibited upon commercialization.

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The department shall submit its study to the Governor, the

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President of the Senate, and the Speaker of the House of

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Representatives by February 1, 2009.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     On line(s) 2310 after the first semicolon,

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insert:

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authorizing the Department of Environmental Protection to

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require certain agreements to contain a stipulation

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requiring the return to the state of a portion of the

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profit resulting from commercialization of an energy-

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related product or process; requiring the department to

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conduct a study relating to the state earning a monetary

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return on energy-related products or processes through the

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use of negotiated or licensing agreements; requiring the

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department to submit the study to the Governor and the

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Legislature;

3/19/2008  11:20:00 AM     15-05277-08