US SB2045 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

SBIR and STTR Permanency and Improvement Act of 2019

Sponsors


History

DateChamberAction
2019-06-27SenateRead twice and referred to the Committee on Small Business and Entrepreneurship.

Subjects


US Congress State Sources


Bill Comments

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