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S 2045 116th Congress Senate Commerce Advanced technology and technological innovations Business investment and capital Congressional oversight Government studies and investigations Public contracts and procurement Public-private cooperation Research administration and funding Research and development Small business Technology transfer and commercialization

SBIR and STTR Permanency and Improvement Act of 2019

Introduced: June 27, 2019 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 27, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

SBIR and STTR Permanency and Improvement Act of 2019

This bill permanently authorizes the Small Business Innovation and Research (SBIR) and Small Business Technology Transfer (STTR) programs and otherwise modifies provisions governing the administration of the programs.

Specifically, the bill increases the allocation of each federal agency's extramural research budget for the SBIR and STTR programs. The bill also requires each agency participating in the programs to reduce the time between application and award disbursement. Lastly, the bill authorizes each agency participating in the SBIR program to award up to 25% of allocated funding to small businesses that are backed by venture capital.

What's happening now June 27, 2019

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1