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H.R. 7217IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 7217

Extension and modification of assistance for administrative, oversight, and contract processing costs for SBIR and STTR programs

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(a) In general Section 9(mm) of the Small Business Act (15 U.S.C. 638(mm)) is amended— (1) by designating the text of paragraph (1) as subparagraph (A); and (2) in paragraph (1)— (A) by redesignating subparagraphs (A) through (L) as clauses (i) through (xii), respectively; (B) by striking September 30, 2025 and inserting September 30, 2030; (C) by striking 3 percent and inserting 3.3 percent; and (D) by adding at the end the following new subparagraph: (B) Transfer of funds (i) In general Not later than 2 months after the date of the enactment of an Act providing appropriations for the Department of Defense, the Department of Energy, the Department of Health and Human Services, the National Aeronautics and Space Administration, or the National Science Foundation, the head of each such entity for which such Act provided appropriations shall transfer not less than 10 percent of the amount of the funds used for the purposes described in clauses (i) through (xii) of subparagraph (A) to the Administrator to increase the resources of the Administration for administering the SBIR and STTR programs. (ii) Fund use limits None of the funds transferred under clause (i) may be used for or with respect to any program established under the Small Business Investment Act of 1958 (15 U.S.C. 661 et seq.).. (b) Increasing participation of underserved populations in the sBIR and sTTR programs (1) In general Section 9(mm)(2) of the Small Business Act (15 U.S.C. 638(mm)(2)) is amended to read as follows: (2) Outreach and technical assistance A Federal agency participating in the program under this subsection may use a portion of the funds authorized for uses under paragraph (1) to carry out the policy directive required under subsection (j)(2)(F) and to increase the participation of States with respect to which a low level of SBIR awards have historically been awarded.. (2) Conforming amendment Section 9(mm)(6) of the Small Business Act (15 U.S.C. 638(mm)(6)) is amended by striking including and all that follows and inserting the following: including— (A) the use of funds transferred under subparagraph (B) of paragraph (1) for the uses authorized in such subparagraph and to achieve the objectives of paragraph (2); and (B) the use of other funds under this subsection to achieve such objectives..

Sec. 2: Extension and modification of assistance for administrative, oversight, and contract processing costs for SBIR and STTR programs · Public Law Tracker