II 110th CONGRESS 1st Session S. 1932 IN THE SENATE OF THE UNITED STATES August 1, 2007 Mr. Bayh (for himself, Mr. Kerry, Ms. Snowe, Ms. Landrieu, and Mr. Vitter) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To amend the Small Business Act to increase SBIR and STTR program expenditures.

1.

SBIR and STTR program expenditures

(a)

SBIR program expenditures

Section 9(f)(1) of the Small Business Act (15 U.S.C. 638(f)(1)) is amended by striking subparagraphs (A) through (C) and inserting the following: (A)not less than 2.5 percent of such budget in fiscal year 2008; (B)not less than 3.0 percent of such budget in fiscal year 2009; (C)not less than 3.5 percent of such budget in fiscal year 2010; (D)not less than 4.0 percent of such budget in fiscal year 2011; (E)not less than 4.5 percent of such budget in fiscal year 2012; and (F)not less than 5.0 percent of such budget in fiscal year 2013 and each fiscal year thereafter, . (b)

STTR program expenditures

Section 9(n)(1)(B) of the Small Business Act (15 U.S.C. 638(n)(1)(B)) is amended by striking clauses (i) and (ii) and inserting the following: (i)not less than 0.3 percent in fiscal year 2008; (ii)not less than 0.36 percent in fiscal year 2009; (iii)not less than 0.42 percent in fiscal year 2010; (iv)not less than 0.48 percent in fiscal year 2011; (v)not less than 0.54 percent in fiscal year 2012; (vi)not less than 0.6 percent in fiscal year 2013 and each fiscal year thereafter. .