The revision allows more time on previous extensions due to COVID-19 and other life events such as childbirth that disproportionately impact early-career women in science.
The legislation, which now heads to the House, aims to ensure the country can compete with China technologically by supporting research and development over the next five years.
After refusing to pay the ransom demanded by those behind a cyberattack, the Netherlands Organisation for Scientific Research has been out of action since February 8.
The 2020 budget includes a 15 percent increase in public funding for research and development next year, but some scientists want more details on where the money will go.
The $88 million agreement is part of efforts by the UK government to increase transatlantic collaboration as the country prepares to leave the European Union.