A bill to authorize the Secretary of Commerce to reduce the matching requirement for participants in the Hollings Manufacturing Partnership Program.

Amends the National Institute of Standards and Technology Act to authorize the Secretary of Commerce to reduce the matching funds requirement for participants in the Hollings Manufacturing Partnership Program from not less than 50% of the costs incurred for the first three years and an increasing share for each of the last three years to 50% of the costs incurred or such lesser percentage as determined by the Secretary, by rule, and authorized by law.