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TX SB1478

TX SB1478
Relating to the creation of a grant matching program for the federal small business innovation research and small business technology transfer programs.


summary

Introduced
03/02/2023
In Committee
03/16/2023
Crossed Over
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to the creation of a grant matching program for the federal small business innovation research and small business technology transfer programs.

AI Summary

This bill establishes the Small Business Innovation Research and Small Business Technology Transfer Grant Matching Program in Texas. The program aims to foster job creation and economic development by matching or supplementing money received by Texas-based businesses through the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The bill outlines the eligibility requirements, application process, and grant award amounts for different stages of the federal SBIR/STTR programs. The Texas Economic Development and Tourism Office is tasked with administering the grant matching program and adopting the necessary rules. The bill takes effect on September 1, 2023.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Co-author authorized (on 03/22/2023)

bill text


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