summary
Introduced
05/01/2025
05/01/2025
In Committee
05/01/2025
05/01/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Small Business Act to reauthorize and modify the Small Business Innovation Research and Small Business Technology Transfer Research programs, and for other purposes.
AI Summary
This bill reauthorizes and modifies the Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) programs through 2032, introducing several key improvements to enhance innovation, competition, and commercialization opportunities for small businesses. The bill extends and increases agency expenditure requirements for these programs, gradually raising the percentage of agency budgets allocated to SBIR/STTR from 4% in 2026 to 7% by 2032. It introduces new provisions to broaden program participation, including fellowship and internship opportunities for undergraduates, graduates, and postdoctoral researchers, with a focus on increasing participation from women, socially disadvantaged, and economically disadvantaged individuals. The legislation also establishes a Technology Commercialization Official in each participating federal agency to guide researchers in transitioning technologies to market, simplifies application and award processes, and creates new reporting requirements to track the commercial impact of SBIR/STTR-funded research. Additionally, the bill includes safeguards to prevent awards to foreign entities of concern and extends various pilot programs designed to support small business technological innovation. The overall goal is to strengthen the SBIR/STTR programs' effectiveness in promoting technological innovation, supporting small businesses, and driving economic development.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 05/01/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/3169/all-info |
| BillText | https://www.congress.gov/119/bills/hr3169/BILLS-119hr3169ih.pdf |
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