104 STAT. 918 PUBLIC LAW 101-425—OCT. 15, 1990 (e) FUNDING OF PROGRAM,—From amounts made available in separate appropriation Acts, the Secretary shall provide to each applicant selected the financial and technical assistance and other incentives that are necessary and appropriate to carry out the purposes of this Act. (f) NATIONAL METAL CASTING RESEARCH INSTITUTE.— Each recipient of financial assistance under subsection (d) shall be known as a "National Metal Casting Research Institute". 15 USC 5305. SEC. 6. REVIEW. (a) EVALUATION OF RESEARCH ACTIVITIES.—The Secretary shall regularly monitor and evaluate the research activities of the applicants selected. After considering the reports of the Board provided for in subsection 7(b)(2), the Secretary shall determine whether each applicant selected has complied with the management plan submitted in the original proposal and any modifications made since. (b) ANNUAL REPORT. — Each selected applicant in the program shall provide an annual report to the Secretary that explains the progress made, compliance with the management plan, whether changes are needed and are being made to the management plan, and what new research is planned. (c) DISCONTINUATION OF FUNDING. —In the event a selected applicant has substantially failed in the implementation of the management plan and research activities, the Secretary shall discontinue funding. (d) SOLICITATION OF NEW PROPOSALS. —Upon completion or discontinuance of any research activity authorized in section 5, the Secretary shall, using available funds appropriated pursuant to this Act, solicit new research proposals as set forth under the terms of this Act. 15 USC 5306. SEC. 7. INDUSTRIAL ADVISORY BOARD. (a) ESTABLISHMENT OF BOARD.— Within 120 days after the date of the enactment of this Act the Secretary, after consulting with representatives of trade and technical associations of the metal casting industry, shall establish an Industrial Advisory Board (hereafter in this Act referred to as the "Board") to provide guidance and oversight in implementing the selection criteria and operation of the program. The Board shall be composed of nine members who are selected by the Secretary, a majority of whom shall be individuals from the metal casting industry or individuals affiliated with the industry. At least one member of the Board shall be chosen from each of the four census regions of the country. Each Board member shall serve for a term not to exceed five years, but may be reappointed for successive terms. (b) REVIEW AND RECOMMENDATIONS. — (1) Within 180 days after the date of the enactment of this Act and annually thereafter, the Board shall develop from the general research areas identified in section 5(d) and submit to the Secretary a list of Metal Casting Research Priorities. Such list shall, to the greatest extent possible, identify specific areas of research that would be considered of a priority nature to the United States metal casting industry. (2) On an annual basis the Board shall— (A) review the Secretary's solicitation and selection of research proposals and make recommendations as to how
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