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S. 1573IntroducedSenate · nowHousePresidentLawIn committee
Sec. 401 · S. 1573

Extend and modify assistance for administrative, oversight, and contract processing costs

Title IV — Pilot Programs

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(a) In general Section 9(mm)(1) of the Small Business Act (15 U.S.C. 638(mm)(1)), as amended by section 203, is further amended— (1) by redesignating subparagraphs (A) through (L) as clauses (i) through (xii), respectively, and adjusting the margins accordingly; (2) by striking Subject to paragraph (3) and inserting the following; (A) Use of funds Subject to subparagraph (B) and paragraph (3); (3) in subparagraph (A), as so redesignated— (A) by striking September 30, 2025 and inserting September 30, 2030; and (B) by striking 3 percent and inserting 3.3 percent; and (4) by adding at the end the following: (B) Transfer of funds (i) In general Not later than 60 days after the date of 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 that 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 under that subparagraph and to achieve the objectives of paragraph (2); and (B) the use of other funds under this subsection to achieve those objectives..

Sec. 401: Extend and modify assistance for administrative, oversight, and contract processing costs · Public Law Tracker