summary
Introduced
In Committee
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
06/01/2011
06/01/2011
Introduced Session
112th Congress
Bill Summary
Small Business Additional Temporary Extension Act of 2011 - Extends through July 31, 2011, under the same terms and conditions, the authorization for any program, authority, or provision, including any pilot program, that is currently authorized through May 31, 2011, under the Small Business Act or the Small Business Investment Act of 1958. Amends the Small Business Act (the Act) to reauthorize through FY2011 the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs of the Small Business Administration (SBA), as well as the SBA's commercialization pilot program. Requires all SBIR or STTR funds to be awarded pursuant to competitive and merit-based selection procedures.
AI Summary
This bill, the Small Business Additional Temporary Extension Act of 2011, extends existing programs authorized under the Small Business Act and the Small Business Investment Act of 1958 through July 31, 2011, maintaining the same terms and conditions. It specifically reauthorizes through Fiscal Year 2011 the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which are administered by the Small Business Administration (SBA) to support small businesses in research and development, as well as the SBA's commercialization pilot program. A key provision requires that all funds awarded through the SBIR and STTR programs must be distributed through a competitive and merit-based selection process, ensuring that funding goes to the most promising projects.
Sponsors (1)
Last Action
Became Public Law No: 112-17. (on 06/01/2011)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...