The FASTR Act’s introduction coincides with “Sunshine Week,” a movement to highlight the need for transparency and openness from the federal government.
“This bill takes meaningful steps to improve transparency and accountability in the federal government,” U.S. Rep. Yoder, R-Kan., said. “It will not only bring easier access to federally-funded research, but will also help ensure that our taxpayer dollars are getting their highest possible return on investment.”
The FASTR Act would:
- Require each publicly-funded researcher to submit an electronic copy of the final text of peer-reviewed research and ensure that manuscript is available for free online access within six months.
- Spur innovation and encourage job creation by allowing faster access to research that can help individuals and businesses turn ideas and concepts into goods and services.
- Encourage private investment in information technology to capitalize on government research.
- Ensure a higher return on taxpayer investment that could be worth around $1.6 billion.