1. Short title This Act may be cited as the NASA Talent Exchange Program Act . 2. NASA public-private talent program Section 20113 of title 51, United States Code, is amended by adding at the end the following new subsection: (n) Public-Private talent program (1) Assignment authority Under policies and procedures prescribed by the Administration, the Administrator may, with the agreement of a private sector entity and the consent of an employee of the Administration or of such entity, arrange for the temporary assignment of such employee of the Administration to such private sector entity, or of such employee of such entity to the Administration, as the case may be. (2) Agreements (A) In general The Administrator shall provide for a written agreement among the Administration, the private sector entity, and the employee concerned regarding the terms and conditions of the employee’s assignment under this subsection. The agreement shall— (i) require that the employee of the Administration, upon completion of the assignment, will serve in the Administration, or elsewhere in the civil service if approved by the Administrator, for a period equal to twice the length of the assignment; (ii) provide that if the employee of the Administration or of the private sector entity (as the case may be) fails to carry out the agreement, such employee shall be liable to the United States for payment of all expenses of the assignment, unless such failure was for good and sufficient reason, as determined by the Administrator