A bill to advance the national prosperity and welfare, to foster the leasing of robots and automated manufacturing systems, and for other purposes.
National Robot and Automated Manufacturing Systems Leasing Act of 1983 - Establishes the National Robot and Automated Manufacturing Systems Leasing Corporation as a for-profit, non-Government corporation.
Directs the President, with the advice and consent of the Senate, to appoint the incorporators who shall serve as the initial board of directors. Sets forth the structure and authorities of such Corporation, including operation as a commercial robot and automated manufacturing systems leasing business.
Authorizes appropriations for advances to the Corporation for issuance of stock.
Directs the Corporation to report to the President and Congress at least annually.
Directs the Office of Industrial Technology to pay a lending institution one-third of the interest a small business borrower would be obligated to pay on loans for the leasing of robots or automated manufacturing systems. Sets forth conditions for such interest subsidy.
Authorizes appropriations for FY 1984 through 1990.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Economic Stabilization.
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