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H.R. 5819, The SBIR/STTR Reauthorization Act
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on April 21, 2008, 19:30:25, by webmaster:
H.R. 5819 would amend the Small Business Act to improve the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program.
Detailed Summary
SBIR/STTR Reauthorization Act - Amends the Small Business Act to, among other things: (1) extend through FY2010 the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs; (2) increase SBIR and STTR set-asides and award levels; (3) establish SBIR advisory boards; (4) include energy-related and rare disease-related research topics as "special consideration" SBIR research topics; (5) require the Small Business Administration (SBA) to engage with SBIR awardees that have been awarded multiple phase one awards but no phase two awards; (6) require an audit of federal agency (agency) calculation of SBIR and STTR extramural research budgets; (7) ensure that innovative small businesses with substantial investment from venture capital operating companies are able to participate in the SBIR program; (8) reauthorize through FY2010 and revise the Federal and State Technology Partnership (FAST) program; (9) require an SBIR applicant's consent to the release of contact information to economic development organizations; (10) establish agency research goals for the commercialization of projects funded by SBIR awards; (11) provide express authority for an agency to award sequential phase two awards for SBIR-funded projects; (12) increase partnerships between SBIR awardees and prime contractors, venture capital operating companies, and larger businesses; (13) provide express authority to 'fast track' SBIR phase two awards for promising phase one research; (14) require each agency conducting an SBIR program to establish a commercialization program that supports the progression of SBIR awardees to the third phase; (15) require a report on SBIR and STTR program efforts to enhance manufacturing activities; (16) require agency database updates in order to support SBIR and STTR program evaluation and technology utilization; (17) establish an Interagency SBIR/STTR Policy Committee; and (18) incorporate nanotechnology-related research topics within the SBIR and STTR programs.
Status of the Legislation
Latest Major Action: 4/18/2008: Placed on the Union Calendar, Calendar No. 368.
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