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ROBERT L. EHRLICH, JR., Governor Ch. 19
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(4) (7) MAKE RECOMMENDATIONS CONSISTENT WITH THE CRITERIA
AND STANDARDS, STANDARDS, AND REQUIREMENTS ADOPTED BY THE SECRETARY
ESTABLISHED BY THE COMMISSION AND BASED SOLELY ON THE RANKINGS AND
RATINGS OF THE COMMITTEE REGARDING THE AWARD OF GRANTS AND LOANS
FROM THE FUND;
(8) TO ENSURE THAT STATE FUNDING DOES NOT DUPLICATE OR
SUPPLANT EXISTING FUNDING, PLACE A PRIORITY ON FUNDING STEM CELL
RESEARCH THAT IS UNLIKELY TO RECEIVE TIMELY OR SUFFICIENT FEDERAL
FUNDING UNENCUMBERED BY LIMITATIONS THAT WOULD IMPEDE THE RESEARCH;
(9) (8) ESTABLISH STANDARDS FOR THE OVERSIGHT AND USE OF
AWARDS;
(10) (9) CONDUCT PROGRESS OVERSIGHT REVIEWS OF GRANTEES;
(5) (11) (10) NOTIFY THE SECRETARY CORPORATION REGARDING THE
SUBMISSION BY A GRANTEE, OR FAILURE OF A GRANTEE, TO SUBMIT INSTITUTIONAL
REVIEW BOARD APPROVAL FOR A GRANT AWARDED UNDER THIS SUBTITLE; AND
(6) CONDUCT PROGRESS OVERSIGHT REVIEWS OF GRANTEES.
(12) (11) DEVELOP GUIDELINES ON DISCLOSURE AND RECUSAL TO BE
FOLLOWED BY MEMBERS OF THE COMMISSION WHEN CONSIDERING GRANT AND
LOAN APPLICATIONS.
(B) THE COMMISSION SHALL MEET AT LEAST TWICE A YEAR
20-1107. 5-2B-08.
(A) A GRANT AWARDED UNDER THIS SUBTITLE SHALL BE CONTINGENT ON:
(1) THE SUBMISSION BY A GRANTEE TO THE COMMISSION OF APPROVAL
FROM AN INSTITUTIONAL REVIEW BOARD; AND
(2) ENTRANCE INTO A MEMORANDUM OF UNDERSTANDING BETWEEN
THE GRANTEE AND THE DEPARTMENT CORPORATION THAT:
(I) ESTABLISHES THE SCOPE OF THE STATE'S OWNERSHIP OR
OTHER FINANCIAL INTEREST IN THE COMMERCIALIZATION AND OTHER BENEFITS
OF THE RESULTS, PRODUCTS, INVENTIONS, AND DISCOVERIES OF STATE-FUNDED
STEM CELL RESEARCH; AND
(H) TO THE EXTENT CONSISTENT WITH FEDERAL AND STATE LAW,
REFLECTS THE INTELLECTUAL PROPERTY POLICIES OF THE INSTITUTION.
(B) A GRANTEE SHALL SUBMIT THE APPROVAL REQUIRED UNDER
SUBSECTION (A)(1) OF THIS SECTION WITHIN 6 MONTHS OF THE AWARD OF THE
GRANT.
(C) THE DEPARTMENT CORPORATION MAY NOT DISBURSE GRANT MONEY TO
A GRANTEE UNTIL:
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