GRANT FOR THE INSTITUTE FOR ADVANCED SCIENCE AND TECHNOLOGY.

SEC. 253. GRANT FOR THE INSTITUTE FOR ADVANCED SCIENCE AND TECHNOLOGY. (a) Authority To Make Grant.—Of the amount authorized to be appropriated pursuant to section 201 for the Defense Agencies, and 105 STAT. 1329as previously authorized in Public Law 101–510 and appropriated in Public Law 101–511 for the establishment of an Institute for Advanced Science and Technology (IAST), an additional $25,000,000 shall be made available until expended as a grant. The grant shall be made to the institution of higher education which has been selected as the site, through competitive procedures and based on the qualifications stipulated in section 243 of Public Law 101–510, of the Institute for Advanced Science and Technology for Phase II. (b) Cost-Sharing Requirement.—The grant under subsection (a) shall be available for construction of the facility for the institute. In making the grant, the Secretary of Defense shall ensure that the Federal share of the cost of the construction project does not exceed 50 percent of the total cost of the project. (c) Purpose op Grants.—The grant shall be used to support development of critical technologies as identified by the Department of Defense in its Critical Technologies Plan as required by Public Law 100–456.