PRIZES FOR ADVANCED TECHNOLOGY ACHIEVEMENTS.

SEC. 213. PRIZES FOR ADVANCED TECHNOLOGY ACHIEVEMENTS. Section 2374a of title 10, United States Code, is amended— (1) in subsection (a), by striking “in recognition of” and inserting “and other types of prizes that the Secretary determines are appropriate to recognize”; (2) in subsection (c)— (A) in paragraph (1), by striking “cash prize of” and inserting “prize with a fair market value of”; (B) in paragraph (2), by striking “Under Secretary of Defense for Acquisition, Technology, and Logistics” and inserting “Under Secretary of Defense for Research and Engineering”; and (C) by adding at the end the following new paragraph: “(3) No prize competition may result in the award of a solely nonmonetary prize with a fair market value of more than $10,000 without the approval of the Under Secretary of Defense for Research and Engineering.” ; (3) in subsection (e)— (A) by inserting “or nonmonetary items” after “accept funds”; (B) by striking “and from State and local governments” and inserting “, from State and local governments, and from the private sector”; and (C) by adding at the end the following: “The Secretary may not give any special consideration to any private sector entity in return for a donation.”; and (4) by amending subsection (f) to read as follows: “(f) Use of Prize Authority. Use of prize authority under this section shall be considered the use of competitive procedures for the purposes of section 2304 of this title.” .