1.This Act may be cited as the
Creating Jobs Through Small Business
Innovation Act of 2011
.
2.The table of contents
for this Act is as follows:
Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. Definitions.
Title I—REAUTHORIZATION OF THE SBIR AND STTR
PROGRAMS
Sec. 101. Extension of termination
dates.
Sec. 102. SBIR and STTR award
levels.
Sec. 103. Agency and program
flexibility.
Sec. 104. Elimination of Phase II
invitations.
Sec. 105. Phase flexibility.
Sec. 106. Participation by firms with
substantial investment from multiple venture capital operating companies, hedge
funds, or private equity firms in a portion of the SBIR program.
Sec. 107. Ensuring that innovative small
businesses with substantial investment from venture capital operating
companies, hedge funds, or private equity firms are able to participate in the
SBIR and STTR programs.
Sec. 108. SBIR and STTR special acquisition
preference.
Sec. 109. Collaborating with Federal
laboratories and research and development centers.
Sec. 110. Notice requirement.
Sec. 111. Additional SBIR and STTR
Awards.
Title II—OUTREACH AND COMMERCIALIZATION
INITIATIVES
Sec. 201. Technical assistance for
awardees.
Sec. 202. Commercialization Readiness Program
at Department of Defense.
Sec. 203. Commercialization Readiness Pilot
Program for civilian agencies.
Sec. 204. Interagency Policy
Committee.
Sec. 205. Clarifying the definition of
Phase III
.
Sec. 206. Shortened period for final decisions
on proposals and applications.
Sec. 207. Phase 0 Proof of Concept Partnership
pilot program.
Title III—OVERSIGHT AND EVALUATION
Sec. 301. Streamlining annual evaluation
requirements.
Sec. 302. Data collection from agencies for
SBIR.
Sec. 303. Data collection from agencies for
STTR.
Sec. 304. Public database.
Sec. 305. Government database.
Sec. 306. Accuracy in funding base
calculations.
Sec. 307. Continued evaluation by the National
Academy of Sciences.
Sec. 308. Technology insertion reporting
requirements.
Sec. 309. Obtaining consent from SBIR and STTR
applicants to release contact information to economic development
organizations.
Sec. 310. Pilot to allow funding for
administrative, oversight, and contract processing costs.
Sec. 311. GAO study with respect to venture
capital operating company, hedge fund, and private equity firm
involvement.
Sec. 312. Reducing vulnerability of SBIR and
STTR programs to fraud, waste, and abuse.
Sec. 313. Simplified paperwork
requirements.
Sec. 314. Reducing fraud, waste, and
abuse.
Title IV—POLICY DIRECTIVES
Sec. 401. Conforming amendments to the SBIR and
the STTR Policy Directives.
Title V—OTHER PROVISIONS
Sec. 501. Report on SBIR and STTR program
goals.
Sec. 502. Competitive selection procedures for
SBIR and STTR programs.
Sec. 503. Loan restrictions.
Sec. 504. Program diversification.
3.In this Act—
(1)the terms
Administration and Administrator mean the Small
Business Administration and the Administrator thereof, respectively;
(2)the terms
extramural budget, Federal agency, Small
Business Innovation Research Program, SBIR, Small
Business Technology Transfer Program, and STTR have the
meanings given such terms in section 9 of the Small Business Act (15 U.S.C. 638); and
(3)the term small
business concern has the meaning given that term under section 3 of the
Small Business Act (15 U.S.C.
632).
<enum>I</enum><header>REAUTHORIZATION OF THE
SBIR AND STTR PROGRAMS</header>
<section id="H82A511B65C024A66A912A48D55FE6C20"><enum>101.</enum><header>Extension of
termination dates</header>
<subsection id="H5D200AA7B82C401E80FD5FEC854969AF"><enum>(a)</enum><header>SBIR</header><text>Section
9(m) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15
U.S.C. 638(m)) is amended—</text>
<paragraph id="H8BA7FAB8D318402A8F83C6294113D703"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subsection">Termination</header-in-text>.—</quote> and all that follows
through <quote>the authorization</quote> and inserting <quote><header-in-text level="subsection">Termination</header-in-text>.—The
authorization</quote>;</text>
</paragraph><paragraph id="H5A937FA87F4A4D44B5EAA34EFD68678B"><enum>(2)</enum><text>by striking
<quote>2008</quote> and inserting <quote>2014</quote>; and</text>
</paragraph><paragraph id="HCAC570B1A8294277BE0EAEF2FF7453E6"><enum>(3)</enum><text>by striking paragraph
(2).</text>
</paragraph></subsection><subsection id="H24EA3F4C4F984228AD8DEE224097E16C"><enum>(b)</enum><header>STTR</header><text>Section
9(n)(1)(A) of the <act-name parsable-cite="SBA">Small Business Act</act-name>
(15 U.S.C. 638(n)(1)(A)) is amended—</text>
<paragraph id="HA2B09A1C94AA4B2CA3E726246114FBE0"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subparagraph">In
general</header-in-text>.—</quote> and all that follows through <quote>with
respect</quote> and inserting <quote><header-in-text level="subparagraph">In
general</header-in-text>.—With respect</quote>;</text>
</paragraph><paragraph id="HE70E5EF69358427BBA5EE70C5344F870"><enum>(2)</enum><text>by striking
<quote>2009</quote> and inserting <quote>2014</quote>; and</text>
</paragraph><paragraph id="H2F880F37EC9A4DB08F9B09CBF03DA2B3"><enum>(3)</enum><text>by striking clause
(ii).</text>
</paragraph></subsection></section><section id="H9924A6086E5F4EE397A513370A05B3D5"><enum>102.</enum><header>SBIR and STTR award
levels</header>
<subsection id="H5D29414178D845EF801A1E3E0C9C4747"><enum>(a)</enum><header>SBIR
Adjustments</header><text>Section 9(j)(2)(D) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(j)(2)(D)) is amended—</text>
<paragraph id="H06950F4E049C4800BC6CCA443F342E84"><enum>(1)</enum><text>by striking
<quote>$100,000</quote> and inserting <quote>$150,000</quote>; and</text>
</paragraph><paragraph id="HCE3ADA5F364E4D3B891FC5087593B3ED"><enum>(2)</enum><text>by striking
<quote>$750,000</quote> and inserting <quote>$1,000,000</quote>.</text>
</paragraph></subsection><subsection id="HCFB36BB4BE064F29B53D50E269D36DD2"><enum>(b)</enum><header>STTR
Adjustments</header><text>Section 9(p)(2)(B)(ix) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(p)(2)(B)(ix)) is amended—</text>
<paragraph id="H698FF7C84B0148478C86BB20A7C1687A"><enum>(1)</enum><text>by striking
<quote>$100,000</quote> and inserting <quote>$150,000</quote>; and</text>
</paragraph><paragraph id="H5FC5FE5F5358449DB05F308A1AA9B728"><enum>(2)</enum><text>by striking
<quote>$750,000</quote> and inserting <quote>$1,000,000</quote>.</text>
</paragraph></subsection><subsection id="H265129CE9C294D47B105247D50AB6C0A"><enum>(c)</enum><header>Annual
Adjustments</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638) is amended—</text>
<paragraph id="HF504C7A57253463F96601725C17E2D9E"><enum>(1)</enum><text>in subsection (j)(2)(D),
by striking <quote>once every 5 years to reflect economic adjustments and
programmatic considerations</quote> and inserting <quote>every year for
inflation</quote>; and</text>
</paragraph><paragraph id="H7E24BD757907491DB3AFDDB354A6509F"><enum>(2)</enum><text>in subsection
(p)(2)(B)(ix), as amended by subsection (b) of this section, by inserting
<quote>(each of which the Administrator shall adjust for inflation
annually)</quote> after <quote>$1,000,000,</quote>.</text>
</paragraph></subsection><subsection id="HC8B27C2CFA0A4FF7A773EDAE449614DC"><enum>(d)</enum><header>Limitation on Size of
Awards</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H4D42BD59E54245F4AA7C2C03AC946644" reported-display-style="italic" style="OLC">
<subsection id="HF9CD37F3DF0D465F9B98B0A30A8D26DE"><enum>(aa)</enum><header>Limitation on Size of
Awards</header>
<paragraph id="H56DAF2D31F6D485F9AF7E00373807233"><enum>(1)</enum><header>Limitation</header><text>No
Federal agency may issue an award under the SBIR program or the STTR program if
the size of the award exceeds the award guidelines established under this
section by more than 50 percent.</text>
</paragraph><paragraph id="H2AA0D2CCB0AD415EBBA55E0D0CB0E6F4"><enum>(2)</enum><header>Maintenance of
information</header><text>Participating agencies shall maintain information on
awards exceeding the guidelines established under this section,
including—</text>
<subparagraph id="H87A4E4FE940141989B1D57A56ED8E12F"><enum>(A)</enum><text>the amount of each
award;</text>
</subparagraph><subparagraph id="H816A85E5A0834E7085AA5E118636E885"><enum>(B)</enum><text>a justification for
exceeding the award amount;</text>
</subparagraph><subparagraph id="H738371F0281E4BA5B2A83BC6FED48BE1"><enum>(C)</enum><text>the identity and location
of each award recipient; and</text>
</subparagraph><subparagraph id="H4C2DB23E8769427883B4F95AE25C3648"><enum>(D)</enum><text>whether an award
recipient has received any venture capital, hedge fund, or private equity firm
investment and, if so, whether the recipient is majority-owned by multiple
venture capital operating companies, hedge funds, or private equity
firms.</text>
</subparagraph></paragraph><paragraph id="HAF11D77EEC82492F9FDE8609FC211CC0"><enum>(3)</enum><header>Reports</header><text>The
Administrator shall include the information described in paragraph (2) in the
annual report of the Administrator to Congress.</text>
</paragraph><paragraph id="H5A72E23FF8564B57A91D6885B751F96B"><enum>(4)</enum><header>Rule of
construction</header><text>Nothing in this subsection shall be construed to
prevent a Federal agency from supplementing an award under the SBIR program or
the STTR program using funds of the Federal agency that are not part of the
SBIR program or the STTR program of the Federal
agency.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H37BF2ABA49234B57AF4EE51BE11AB6FD"><enum>103.</enum><header>Agency and program
flexibility</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H40B3BBD745164180A6692AEC152441DC" reported-display-style="italic" style="OLC">
<subsection id="H79FF5A3B28914ED09CE77216371BCBD8"><enum>(bb)</enum><header>Subsequent Phase II
Awards</header>
<paragraph id="H7B83E860431742F8B517F81A686C0824"><enum>(1)</enum><header>Agency
flexibility</header><text>A small business concern that received a Phase I
award from a Federal agency under this section shall be eligible to receive a
subsequent Phase II award from another Federal agency, if the head of each
relevant Federal agency or the relevant component of the Federal agency makes a
written determination that the topics of the relevant awards are the same and
both agencies report the awards to the Administrator for inclusion in the
public database under subsection (k).</text>
</paragraph><paragraph id="H685261F368644D34A1AD14F1ED37B056"><enum>(2)</enum><header>SBIR and sttr program
flexibility</header><text>A small business concern that received a Phase I
award under this section under the SBIR program or the STTR program may receive
a subsequent Phase II award in either the SBIR program or the STTR program and
the participating agency or agencies shall report the awards to the
Administrator for inclusion in the public database under subsection
(k).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HBEB0FAE418D34176AD67D2362E541327"><enum>104.</enum><header>Elimination of Phase
II invitations</header><text display-inline="no-display-inline">Section 9(e) of
the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(e)) is amended—</text>
<paragraph id="HD71C09FAB36A477385FA09BE915CF376"><enum>(1)</enum><text>in paragraph (4)(B), by
striking <quote>to further</quote> and inserting <quote>which shall not include
any invitation, pre-screening, pre-selection, or down-selection process for
eligibility for Phase II, that will further</quote>; and</text>
</paragraph><paragraph id="HD19EA8084A414568995FC2444F295E23"><enum>(2)</enum><text>in paragraph (6)(B), by
striking <quote>to further develop proposed ideas to</quote> and inserting
<quote>which shall not include any invitation, pre-screening, pre-selection, or
down-selection process for eligibility for Phase II, that will further develop
proposals that</quote>.</text>
</paragraph></section><section id="H3956B00E5A3D4968892FBCD24FB519E6"><enum>105.</enum><header>Phase
flexibility</header><text display-inline="no-display-inline">Section 9 of the
Small Business Act (15 U.S.C. 638), as amended by this Act, is further amended
by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSY00" display-inline="no-display-inline" id="H27D2413713494D1D946F4A7A174E1B14" reported-display-style="italic" style="OLC">
<subsection id="H32AA5269607C40418531592FD5FBC657"><enum>(cc)</enum><header>Phase I
required</header><text display-inline="yes-display-inline">Under this section,
a Federal agency shall provide to a small business concern an award under Phase
II of an SBIR program with respect to a project only if such agency finds that
the small business concern has been provided an award under Phase I of an SBIR
program with respect to such project or has completed the determinations
described in subsection (e)(4)(A) with respect to such project despite not
having been provided a Phase I
award.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HB219CE0F53C84FADA855B42CA8CA467E"><enum>106.</enum><header>Participation by firms
with substantial investment from multiple venture capital operating companies,
hedge funds, or private equity firms in a portion of the SBIR program</header>
<subsection id="H026F80603EA84BE58B064D1727CBD65E"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="HC68D84BD5F4A45088A3A4825DAD171CD" reported-display-style="italic" style="OLC">
<subsection id="HB5E05BB0E1344D169B96BA1027357C37"><enum>(dd)</enum><header>Participation of Small
Business Concerns Majority-Owned by Venture Capital Operating Companies, hedge
funds, or private equity firms in the SBIR Program</header>
<paragraph id="HAAADB96F9EE44167AAC5912BC408F46D"><enum>(1)</enum><header>Authority</header><text>Upon
a written determination described in paragraph (2) provided to the
Administrator, the Committee on Small Business and Entrepreneurship of the
Senate, and the Committee on Small Business and the Committee on Science,
Space, and Technology of the House of Representatives not later than 30 days
before the date on which an award is made—</text>
<subparagraph id="H1B130CAC8E27428AA4714AA969735973"><enum>(A)</enum><text display-inline="yes-display-inline">the Director of the National Institutes of
Health, the Secretary of Energy, the Administrator of the National Aeronautics
and Space Administration, and the Director of the National Science Foundation
may award not more than 45 percent of the funds allocated for the SBIR program
of the Federal agency to small business concerns that are owned in majority
part by multiple venture capital operating companies, hedge funds, or private
equity firms through competitive, merit-based procedures that are open to all
eligible small business concerns; and</text>
</subparagraph><subparagraph id="H9CF1D7C3095D4D71994ACADA833C0377"><enum>(B)</enum><text display-inline="yes-display-inline">the head of a Federal agency other than a
Federal agency described in subparagraph (A) that participates in the SBIR
program may award not more than 35 percent of the funds allocated for the SBIR
program of the Federal agency to small business concerns that are owned in
majority part by multiple venture capital operating companies, hedge funds, or
private equity firms through competitive, merit-based procedures that are open
to all eligible small business concerns.</text>
</subparagraph></paragraph><paragraph id="HD0BA419A577A415793A4F0D7C3BE1320"><enum>(2)</enum><header>Determination</header><text>A
written determination described in this paragraph is a written determination by
the head of a Federal agency that explains how the use of the authority under
paragraph (1) will—</text>
<subparagraph id="HA16D815DDAC04B7D858052525FE26172"><enum>(A)</enum><text>induce additional venture
capital, hedge fund, or private equity firm funding of small business
innovations;</text>
</subparagraph><subparagraph id="HCDD51483A9FF40268B0DF0108788BFA4"><enum>(B)</enum><text>substantially contribute
to the mission of the Federal agency;</text>
</subparagraph><subparagraph id="HB2769930FD724B30A4C974D5C85B54AA"><enum>(C)</enum><text>demonstrate a need for
public research; and</text>
</subparagraph><subparagraph id="H026E4C21A095453AAA9CF00BD3D021DD"><enum>(D)</enum><text>otherwise fulfill the
capital needs of small business concerns for additional financing for the SBIR
project.</text>
</subparagraph></paragraph><paragraph id="HBF2E2ACC122E43AEA8D9728D4F5ECF19"><enum>(3)</enum><header>Registration</header><text display-inline="yes-display-inline">A small business concern that is
majority-owned by multiple venture capital operating companies, hedge funds, or
private equity firms and qualified for participation in the program authorized
under paragraph (1) shall—</text>
<subparagraph id="H13CDF4297AB3480D8EB1FDDA2C99393F"><enum>(A)</enum><text>register with the
Administrator on the date that the small business concern submits an
application for an award under the SBIR program; and</text>
</subparagraph><subparagraph id="H50E74F1B7C2749D6ABCAE85363126889"><enum>(B)</enum><text display-inline="yes-display-inline">indicate in any SBIR proposal that the
small business concern is registered under subparagraph (A) as majority-owned
by multiple venture capital operating companies, hedge funds, or private equity
firms.</text>
</subparagraph></paragraph><paragraph id="HBEF56559A43449F39BCA9F49C6D010AB"><enum>(4)</enum><header>Compliance</header>
<subparagraph id="H752088514CC74C0C9FE60713B2C8545A"><enum>(A)</enum><header>In
general</header><text>The head of a Federal agency that makes an award under
this subsection during a fiscal year shall collect and submit to the
Administrator data relating to the number and dollar amount of Phase I awards,
Phase II awards, and any other category of awards by the Federal agency under
the SBIR program during that fiscal year.</text>
</subparagraph><subparagraph id="H31EEB612C5EE4EB1B8767FBCB98D3A0B"><enum>(B)</enum><header>Annual
reporting</header><text>The Administrator shall include as part of each annual
report by the Administration under subsection (b)(7) any data submitted under
subparagraph (A) and a discussion of the compliance of each Federal agency that
makes an award under this subsection during the fiscal year with the maximum
percentages under paragraph (1).</text>
</subparagraph></paragraph><paragraph id="H0D85C007A7174CB4B1E26E064DDCA9E2"><enum>(5)</enum><header>Enforcement</header><text>If
a Federal agency awards more than the percent of the funds allocated for the
SBIR program of the Federal agency authorized under paragraph (1) for a purpose
described in paragraph (1), the head of the Federal agency shall transfer an
amount equal to the amount awarded in excess of the amount authorized under
paragraph (1) to the funds for general SBIR programs from the non-SBIR and
non-STTR research and development funds of the Federal agency not later than
180 days after the date on which the Federal agency made the award that caused
the total awarded under paragraph (1) to be more than the amount authorized
under paragraph (1) for a purpose described in paragraph (1).</text>
</paragraph><paragraph id="H21D62F9106D9433889CAE295694E6712"><enum>(6)</enum><header>Final decisions on
applications under the sbir program</header>
<subparagraph id="H11B061AA046C4A968920606A9BA885A1"><enum>(A)</enum><header>Definition</header><text>In
this paragraph, the term <term>covered small business concern</term> means a
small business concern that—</text>
<clause id="H56AF646270014DD0AD0878442528A49E"><enum>(i)</enum><text display-inline="yes-display-inline">was not majority-owned by multiple venture
capital operating companies, hedge funds, or private equity firms on the date
on which the small business concern submitted an application in response to a
solicitation under the SBIR programs; and</text>
</clause><clause id="H9CD503BEEAC04598B34745F17C4B3B79"><enum>(ii)</enum><text display-inline="yes-display-inline">on the date of the award under the SBIR
program is majority-owned by multiple venture capital operating companies,
hedge funds, or private equity firms.</text>
</clause></subparagraph><subparagraph id="H9C9415D02F6342F087385DCE2B9125E1"><enum>(B)</enum><header>In
general</header><text>If a Federal agency does not make an award under a
solicitation under the SBIR program before the date that is 9 months after the
date on which the period for submitting applications under the solicitation
ends—</text>
<clause id="H95B04AA576C44AB5858B5F27F75EB849"><enum>(i)</enum><text display-inline="yes-display-inline">a covered small business concern is
eligible to receive the award, without regard to whether the covered small
business concern meets the requirements for receiving an award under the SBIR
program for a small business concern that is majority-owned by multiple venture
capital operating companies, hedge funds, or private equity firms, if the
covered small business concern meets all other requirements for such an award;
and</text>
</clause><clause id="H3227F3A54D524E7DACE22459A74CB82D"><enum>(ii)</enum><text>the head of the Federal
agency shall transfer an amount equal to any amount awarded to a covered small
business concern under the solicitation to the funds for general SBIR programs
from the non-SBIR and non-STTR research and development funds of the Federal
agency, not later than 90 days after the date on which the Federal agency makes
the award.</text>
</clause></subparagraph></paragraph><paragraph id="H4C628B5E1DA3451C90EB08C686BE3518"><enum>(7)</enum><header>Evaluation
criteria</header><text>A Federal agency may not use investment of venture
capital or investment from hedge funds or private equity firms as a criterion
for the award of contracts under the SBIR program or STTR
program.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H2B7A916973124AA3A011DB867D8DA966"><enum>(b)</enum><header>Technical and
Conforming Amendment</header><text>Section 3 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 632) is
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H5505B320C3B04893AEAD16A15A2EF39B" reported-display-style="italic" style="OLC">
<subsection id="H75667FDCF5D649FCB1ADA706858BE449"><enum>(aa)</enum><header>Venture Capital
Operating Company</header><text>In this Act, the term <term>venture capital
operating company</term> means an entity described in clause (i), (v), or (vi)
of section 121.103(b)(5) of title 13, Code of Federal Regulations (or any
successor thereto).</text>
</subsection><subsection commented="no" id="H86980A8476D44985B3F6CDC3E46CAF2D"><enum>(bb)</enum><header>Hedge
fund</header><text display-inline="yes-display-inline">In this Act, the term
<term>hedge fund</term> has the meaning given that term in section 13(h)(2) of
the Bank Holding Company Act of 1956 (12 U.S.C. 1851(h)(2)).</text>
</subsection><subsection commented="no" id="HF4B34D57367E4D4CB5446A49CB31D308"><enum>(cc)</enum><header>Private equity
firm</header><text display-inline="yes-display-inline">In this Act, the term
<term>private equity firm</term> has the meaning given the term <term>private
equity fund</term> in section 13(h)(2) of the Bank Holding Company Act of 1956
(12 U.S.C.
1851(h)(2)).</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HD3644768CB8748A2B63E7601E7C4F7A2"><enum>107.</enum><header>Ensuring that
innovative small businesses with substantial investment from venture capital
operating companies, hedge funds, or private equity firms are able to
participate in the SBIR and STTR programs</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSY00" display-inline="no-display-inline" id="HBE33EFC160E546FD8B9EE70B2EF0BF98" reported-display-style="italic" style="OLC">
<subsection id="H807FBBBECC8B495E9F342392C3E42950"><enum>(ee)</enum><header>Venture capital
operating companies, hedge funds, and private equity firms</header><text display-inline="yes-display-inline">Effective only for the SBIR and STTR
programs the following shall apply:</text>
<paragraph id="HC96BD1D99A0E4472B910D9AA5B0E50E2"><enum>(1)</enum><text>A business concern that
has more than 500 employees shall not qualify as a small business
concern.</text>
</paragraph><paragraph id="H63C197979D834B509564C49ACF5AA1D9"><enum>(2)</enum><text display-inline="yes-display-inline">In determining whether a small business
concern is independently owned and operated under section 3(a)(1) or meets the
small business size standards instituted under section 3(a)(2), the
Administrator shall not consider a business concern to be affiliated with a
venture capital operating company, hedge fund, or private equity firm (or with
any other business that the venture capital operating company, hedge fund, or
private equity firm has financed) if—</text>
<subparagraph id="H0C25074DFB4F4D1DB7200DDDC27436D0"><enum>(A)</enum><text display-inline="yes-display-inline">the venture capital operating company,
hedge fund, or private equity firm does not own 50 percent or more of the
business concern; and</text>
</subparagraph><subparagraph id="H6CF8EA083F914805A28CEA6CA15C23C1"><enum>(B)</enum><text display-inline="yes-display-inline">employees of the venture capital operating
company, hedge fund, or private equity firm do not constitute a majority of the
board of directors of the business concern.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HAA5108C87C4A4EA58DB1251104DBC2A5"><enum>(3)</enum><text>A business concern shall
be deemed to be <term>independently owned and operated</term> if—</text>
<subparagraph id="HD6B071D99BA44E2B8E6A0AE89E881DD4"><enum>(A)</enum><text display-inline="yes-display-inline">it is owned in majority part by one or more
natural persons or venture capital operating companies, hedge funds, or private
equity firms;</text>
</subparagraph><subparagraph id="H48AD2AD94D7F4A97A74B15D2A4FA463C"><enum>(B)</enum><text display-inline="yes-display-inline">there is no single venture capital
operating company, hedge fund, or private equity firm that owns 50 percent or
more of the business concern; and</text>
</subparagraph><subparagraph id="HA041FEE255E64827B790B2BE1EE8B2EB"><enum>(C)</enum><text display-inline="yes-display-inline">there is no single venture capital
operating company, hedge fund, or private equity firm the employees of which
constitute a majority of the board of directors of the business concern.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HA945D6E2393146FE81488C9245133935"><enum>(4)</enum><text display-inline="yes-display-inline">If a venture capital operating company,
hedge fund, or private equity firm controlled by a business with more than 500
employees (in this paragraph referred to as a <quote>VCOC, hedge fund, or
private equity firm under large business control</quote>) has an ownership
interest in a small business concern that is owned in majority part by venture
capital operating companies, hedge funds, or private equity firms, the small
business concern is eligible to receive an award under the SBIR or STTR program
only if—</text>
<subparagraph id="HC4E32AF1C85E4427930D06B4318ACD44"><enum>(A)</enum><text display-inline="yes-display-inline">not more than two VCOCs, hedge funds, or
private equity firms under large business control have an ownership interest in
the small business concern; and</text>
</subparagraph><subparagraph id="HDBBF872EE3894E46A8E47A965EB58E60"><enum>(B)</enum><text display-inline="yes-display-inline">the VCOCs, hedge funds, or private equity
firms under large business control do not collectively own more than 20 percent
of the small business
concern.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HFF7ECD1C278843788F7888DE803131C7"><enum>108.</enum><header>SBIR and STTR special
acquisition preference</header><text display-inline="no-display-inline">Section
9(r) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15
U.S.C. 638(r)) is amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="HAAB3BE9588484C028F036B9D20EB47E9" reported-display-style="italic" style="OLC">
<paragraph id="H8176E4462A344288A3A35B9A0EFDD06E"><enum>(4)</enum><header>Phase iii
awards</header><text>To the greatest extent practicable, Federal agencies and
Federal prime contractors shall issue Phase III awards relating to technology,
including sole source awards, to the SBIR and STTR award recipients that
developed the
technology.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H972CB53D4D6E4F11BC5E0D6F34A09F7B"><enum>109.</enum><header>Collaborating with
Federal laboratories and research and development centers</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H5FADE02C17F54842A48CF01A8BE097EC" reported-display-style="italic" style="OLC">
<subsection id="HFE6CD1F1679349B9B7417467ACE8013A"><enum>(ff)</enum><header>Collaborating With
Federal Laboratories and Research and Development Centers</header>
<paragraph id="HF31B81BE59B048AFAF5051794CABDBE4"><enum>(1)</enum><header>Authorization</header><text>Subject
to the limitations under this section, the head of each participating Federal
agency may make SBIR and STTR awards to any eligible small business concern
that—</text>
<subparagraph id="HE63D7CC676B247F4B5F22ECD474D6C0B"><enum>(A)</enum><text>intends to enter into an
agreement with a Federal laboratory or federally funded research and
development center for portions of the activities to be performed under that
award; or</text>
</subparagraph><subparagraph id="HF0544EBBC9AD4308A1C224CABE59348B"><enum>(B)</enum><text>has entered into a
cooperative research and development agreement (as defined in section 12(d) of
the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3710a(d)))
with a Federal laboratory.</text>
</subparagraph></paragraph><paragraph id="H0FE53E45ABBD46CAB8298E47D06B7DEC"><enum>(2)</enum><header>Prohibition</header><text>No
Federal agency shall—</text>
<subparagraph id="H31F8C88FCA37447FA83740162D009120"><enum>(A)</enum><text>condition an SBIR or STTR
award upon entering into agreement with any Federal laboratory or any federally
funded laboratory or research and development center for any portion of the
activities to be performed under that award;</text>
</subparagraph><subparagraph id="HB7700447F36B47E4B9EE78594EE5D026"><enum>(B)</enum><text>approve an agreement
between a small business concern receiving a SBIR or STTR award and a Federal
laboratory or federally funded laboratory or research and development center,
if the small business concern performs a lesser portion of the activities to be
performed under that award than required by this section and by the SBIR Policy
Directive and the STTR Policy Directive of the Administrator; or</text>
</subparagraph><subparagraph id="H0081DF839B1343C489E97B500B34C0E4"><enum>(C)</enum><text>approve an agreement that
violates any provision, including any data rights protections provision, of
this section or the SBIR and the STTR Policy Directives.</text>
</subparagraph></paragraph><paragraph id="H07AFDAC84FD84A55A5934A7182220453"><enum>(3)</enum><header>Implementation</header><text>Not
later than 180 days after the date of enactment of this subsection, the
Administrator shall modify the SBIR Policy Directive and the STTR Policy
Directive issued under this section to ensure that small business
concerns—</text>
<subparagraph id="H93C81E578BD74AEF8C2D638C0B442065"><enum>(A)</enum><text>have the flexibility to
use the resources of the Federal laboratories and federally funded research and
development centers; and</text>
</subparagraph><subparagraph id="H1D28E81FD9B84B7D93BD1C452339459F"><enum>(B)</enum><text>are not mandated to enter
into agreement with any Federal laboratory or any federally funded laboratory
or research and development center as a condition of an award.</text>
</subparagraph></paragraph><paragraph id="H47FE68C2C1054E1C851CF9987B4772DE"><enum>(4)</enum><header>Advance
payment</header><text display-inline="yes-display-inline">If a small business
concern receiving an award under this section enters into an agreement with a
Federal laboratory or federally funded research and development center for
portions of the activities to be performed under that award, the Federal
laboratory or federally funded research and development center may not require
advance payment from the small business concern in an amount greater than the
amount necessary to pay for 30 days of such
activities.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HC43D62C5DEB4439E92B9F934B8BD478D"><enum>110.</enum><header>Notice
requirement</header>
<subsection id="H5B39B0019DC64BCF8EA720A2C37ED105"><enum>(a)</enum><header>SBIR
Program</header><text>Section 9(g) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(g)) is amended—</text>
<paragraph id="H647216761C2B4A66ADA16184AB639184"><enum>(1)</enum><text>in paragraph (10), by
striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="H257B927EA6764B0AB9AAAC19CF4D0D78"><enum>(2)</enum><text>in paragraph (11), by
striking the period at the end and inserting <quote>; and</quote>; and</text>
</paragraph><paragraph id="H4469D96859CE48CF8687379718164318"><enum>(3)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HA75A077E301B44EB8CB765C06081D774" reported-display-style="italic" style="OLC">
<paragraph id="HF3CF9155D2D64041B3333D3C421526EF"><enum>(12)</enum><text>provide timely notice to
the Administrator of any case or controversy before any Federal judicial or
administrative tribunal concerning the SBIR program of the Federal
agency.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HF8FC0F39FECC48B9A4F8C771CB682C75"><enum>(b)</enum><header>STTR
Program</header><text>Section 9(o) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(o)) is amended—</text>
<paragraph id="H39E4B4AD08AF46A6AC055F2C83E05081"><enum>(1)</enum><text>by striking paragraph
(15);</text>
</paragraph><paragraph id="HE09ED492A8D84121BB234C938A4EFD4E"><enum>(2)</enum><text>in paragraph (16), by
striking the period at the end and inserting <quote>; and</quote>;</text>
</paragraph><paragraph id="H6C2BA351B4CE4EC6AFC852B4473EDEA6"><enum>(3)</enum><text>by redesignating
paragraph (16) as paragraph (15); and</text>
</paragraph><paragraph id="HB9241D2588A24C7BBA32EB0B16D8CC5E"><enum>(4)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HC085DBD3737F41BC90245E246204385E" reported-display-style="italic" style="OLC">
<paragraph id="H5B16DAC43FA64B7D8CD1AF2661762359"><enum>(16)</enum><text>provide timely notice to
the Administrator of any case or controversy before any Federal judicial or
administrative tribunal concerning the STTR program of the Federal
agency.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><section id="HF43450F92C6245D68C7B986EADA55570"><enum>111.</enum><header>Additional SBIR and
STTR Awards</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H3C91C92872F042DA9A282E33A9DD6257" reported-display-style="italic" style="OLC">
<subsection id="H745425E6EDFE4333BFBA7FD3C72166E1"><enum>(gg)</enum><header>Additional SBIR and
STTR Awards</header>
<paragraph id="HA8E8983BAB624E439C65F886461FF081"><enum>(1)</enum><header>Express authority for
awarding a sequential Phase II award</header><text>A small business concern
that receives a Phase II SBIR award or a Phase II STTR award for a project
remains eligible to receive one additional Phase II SBIR award or Phase II STTR
award for continued work on that project.</text>
</paragraph><paragraph id="H682B21158BDF407AABB34C657E0022E6"><enum>(2)</enum><header>Preventing duplicative
awards</header><text display-inline="yes-display-inline">The head of a Federal
agency shall verify that any activity to be performed with respect to a project
with a Phase I or Phase II SBIR or STTR award has not been funded under the
SBIR program or STTR program of another Federal
agency.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>II</enum><header>OUTREACH AND
COMMERCIALIZATION INITIATIVES</header>
<section id="HE9C6386981DE445490617E5552F5A350"><enum>201.</enum><header>Technical assistance
for awardees</header><text display-inline="no-display-inline">Section 9(q) of
the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(q)) is amended—</text>
<paragraph id="HD145A6CD8D9C4FB198A6FDEAEC4BB819"><enum>(1)</enum><text>in paragraph (1)—</text>
<subparagraph id="HFFE350B7FC9C4930B9E02CEAC4CF8DD1"><enum>(A)</enum><text>by inserting <quote>or
STTR program</quote> after <quote>SBIR program</quote>; and</text>
</subparagraph><subparagraph id="HF522A8DA46C9412498CD53F377E9E21B"><enum>(B)</enum><text>by striking <quote>SBIR
projects</quote> and inserting <quote>SBIR or STTR projects</quote>;</text>
</subparagraph></paragraph><paragraph id="H339ADD7F2C5644C0888A66DE04FB5A3D"><enum>(2)</enum><text>in paragraph (2), by
striking <quote>3 years</quote> and inserting <quote>5 years</quote>;
and</text>
</paragraph><paragraph id="H21BE5CB051EF44798F64B8BEB1086223"><enum>(3)</enum><text>in paragraph (3)—</text>
<subparagraph id="HE6B2D58BC211414FBE434B58FC8A38A5"><enum>(A)</enum><text>in subparagraph
(A)—</text>
<clause id="H3A0CC6E9182647F185584B2704D842C5"><enum>(i)</enum><text>by inserting <quote>or
STTR</quote> after <quote>SBIR</quote>; and</text>
</clause><clause id="H6AB49CE548EA41DAB2240B091386D08F"><enum>(ii)</enum><text>by striking
<quote>$4,000</quote> and inserting <quote>$5,000</quote>;</text>
</clause></subparagraph><subparagraph id="H661DE28C9F634E95905BB25D71D16E17"><enum>(B)</enum><text>by striking subparagraph
(B) and inserting the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HD060514C807C4571ABF51E2B2FB23717" reported-display-style="italic" style="OLC">
<subparagraph id="HF3E51A3761234E1AB00B9B507CDBC9E1"><enum>(B)</enum><header>Phase
ii</header><text>A Federal agency described in paragraph (1) may—</text>
<clause id="HAF93E180EE6D4551918BB5F11A1946B1"><enum>(i)</enum><text>provide to the recipient
of a Phase II SBIR or STTR award, through a vendor selected under paragraph
(2), the services described in paragraph (1), in an amount equal to not more
than $5,000 per year; or</text>
</clause><clause id="H136BE2064B3F46FFB4F99810E63ADC8A"><enum>(ii)</enum><text>authorize the recipient
of a Phase II SBIR or STTR award to purchase the services described in
paragraph (1), in an amount equal to not more than $5,000 per year, which shall
be in addition to the amount of the recipient’s
award.</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HC99C33B0F4304974B306ECCAD3882F4A"><enum>(C)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H4D619DC342C14A40A2DE4597609CAC22" reported-display-style="italic" style="OLC">
<subparagraph id="HF6231000A47649D7BCEA9D0452F18737"><enum>(C)</enum><header>Flexibility</header><text>In
carrying out subparagraphs (A) and (B), each Federal agency shall provide the
allowable amounts to a recipient that meets the eligibility requirements under
the applicable subparagraph, if the recipient requests to seek technical
assistance from an individual or entity other than the vendor selected under
paragraph (2) by the Federal agency.</text>
</subparagraph><subparagraph id="HB29DA0951C5D44FC8C7F5312F233E896"><enum>(D)</enum><header>Limitation</header><text>A
Federal agency may not—</text>
<clause id="HA474554DBCD541B4862F2EB348747E93"><enum>(i)</enum><text>use the amounts
authorized under subparagraph (A) or (B) unless the vendor selected under
paragraph (2) provides the technical assistance to the recipient; or</text>
</clause><clause id="H265F0C7A8EAD4417BEEA82CA80A7E1DE"><enum>(ii)</enum><text>enter a contract with a
vendor under paragraph (2) under which the amount provided for technical
assistance is based on total number of Phase I or Phase II
awards.</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></section><section id="H5C89E9750DFC4A3EB93D85DD98E90C1E"><enum>202.</enum><header>Commercialization
Readiness Program at Department of Defense</header>
<subsection id="H5781739FAFEB47F79755B7F025E58B13"><enum>(a)</enum><header>In
General</header><text>Section 9(y) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(y)) is amended—</text>
<paragraph id="H4AEF8B9B982A416490E3F8750B766FB1"><enum>(1)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Pilot</header-in-text></quote> and inserting
<quote><header-in-text level="subsection">Readiness</header-in-text></quote>;</text>
</paragraph><paragraph id="H74E7E6F6B3B44868B1DD3E512793484C"><enum>(2)</enum><text>by striking
<quote>Pilot</quote> each place that term appears and inserting
<quote>Readiness</quote>;</text>
</paragraph><paragraph id="H0D825D476EFD490893BB3A80B874215E"><enum>(3)</enum><text>in paragraph (1)—</text>
<subparagraph id="H60DF6A35E3DE4F69B2FB6BAEC4915AB2"><enum>(A)</enum><text>by inserting <quote>or
Small Business Technology Transfer Program</quote> after <quote>Small Business
Innovation Research Program</quote>; and</text>
</subparagraph><subparagraph id="H04D81DE5AC7043199B1FB63E9EDD598A"><enum>(B)</enum><text>by adding at the end the
following: <quote>The authority to create and administer a Commercialization
Readiness Program under this subsection may not be construed to eliminate or
replace any other SBIR program or STTR program that enhances the insertion or
transition of SBIR or STTR technologies, including any such program in effect
on the date of enactment of the National Defense Authorization Act for Fiscal
Year 2006 (Public Law 109–163; 119 Stat. 3136).</quote>;</text>
</subparagraph></paragraph><paragraph id="H957DD9B7F55E4C6E99FAED9B8D0CE2D5"><enum>(4)</enum><text>in paragraph (2), by
inserting <quote>or Small Business Technology Transfer Program</quote> after
<quote>Small Business Innovation Research Program</quote>;</text>
</paragraph><paragraph id="H788E2E00B1B148A8B4291EFDAD58AF7E"><enum>(5)</enum><text>by striking paragraphs
(5) and (6); and</text>
</paragraph><paragraph id="H49BB6B0CAE90421E937A3E881ABC9E95"><enum>(6)</enum><text>by inserting after
paragraph (4) the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H435F04D9E8D040178CF797D091C27B60" reported-display-style="italic" style="OLC">
<paragraph id="H49288E9A2DF04DF29042EA9FC2C5BF1B"><enum>(5)</enum><header>Insertion
incentives</header><text>For any contract with a value of not less than
$100,000,000, the Secretary of Defense is authorized to—</text>
<subparagraph id="H65C9672C98AD438DABB370F10F89D1E6"><enum>(A)</enum><text>establish goals for the
transition of Phase III technologies in subcontracting plans; and</text>
</subparagraph><subparagraph id="H51BCD3102F1B4CECA0C061B3DDCA911D"><enum>(B)</enum><text>require a prime
contractor on such a contract to report the number and dollar amount of
contracts entered into by that prime contractor for Phase III SBIR or STTR
projects.</text>
</subparagraph></paragraph><paragraph id="H948B97CE38854F5D8B57C0A19299A120"><enum>(6)</enum><header>Goal for sbir and sttr
technology insertion</header><text>The Secretary of Defense shall—</text>
<subparagraph id="H50257EE52E234AB9AC0155B38C06119F"><enum>(A)</enum><text>set a goal to increase
the number of Phase II SBIR contracts and the number of Phase II STTR contracts
awarded by that Secretary that lead to technology transition into programs of
record or fielded systems;</text>
</subparagraph><subparagraph id="HC9108BA8957343168A5BE77987D1D740"><enum>(B)</enum><text>use incentives in effect
on the date of enactment of the Creating Jobs Through Small Business Innovation
Act of 2011, or create new incentives, to encourage agency program managers and
prime contractors to meet the goal under subparagraph (A); and</text>
</subparagraph><subparagraph id="H5955D3D8A7EF466E852FE66A6404A57B"><enum>(C)</enum><text>include in the annual
report to Congress the percentage of contracts described in subparagraph (A)
awarded by that Secretary, and information on the ongoing status of projects
funded through the Commercialization Readiness Program and efforts to
transition these technologies into programs of record or fielded
systems.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H64CB715947694068A830572A7B727ED2"><enum>(b)</enum><header>Technical and
Conforming Amendment</header><text>Section 9(i)(1) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(i)(1)) is amended by inserting <quote>(including awards under subsection
(y))</quote> after <quote>the number of awards</quote>.</text>
</subsection></section><section id="H2532E021B967473289B33DBF61005E01"><enum>203.</enum><header>Commercialization
Readiness Pilot Program for civilian agencies</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H062004F1C6AB4788A23142EF67A0B0F6" reported-display-style="italic" style="OLC">
<subsection id="H99265D4207F44130BE9D01E4F758B305"><enum>(hh)</enum><header>Pilot Program</header>
<paragraph id="HB2A7DBF0547642529CCFEC9469C1F832"><enum>(1)</enum><header>Authorization</header><text>The
head of each covered Federal agency may allocate not more than 10 percent of
the funds allocated to the SBIR program and the STTR program of the covered
Federal agency—</text>
<subparagraph id="HD14386E692994F1AB0940A3CCACB6B72"><enum>(A)</enum><text>for awards for technology
development, testing, evaluation, and commercialization assistance for SBIR and
STTR Phase II technologies; or</text>
</subparagraph><subparagraph id="H00D0E592BB5641C29E92C6EF55915D8E"><enum>(B)</enum><text>to support the progress
of research, research and development, and commercialization conducted under
the SBIR or STTR programs to Phase III.</text>
</subparagraph></paragraph><paragraph id="H63EA44AC1D0F4BEEB375790DCEF23B43"><enum>(2)</enum><header>Application by federal
agency</header>
<subparagraph id="H97D09933D08047FB832CCFC89D2F8EE9"><enum>(A)</enum><header>In
general</header><text>A covered Federal agency may not establish a pilot
program unless the covered Federal agency makes a written application to the
Administrator, not later than 90 days before the first day of the fiscal year
in which the pilot program is to be established, that describes a compelling
reason that additional investment in SBIR or STTR technologies is necessary,
including unusually high regulatory, systems integration, or other costs
relating to development or manufacturing of identifiable, highly promising
small business technologies or a class of such technologies expected to
substantially advance the mission of the agency.</text>
</subparagraph><subparagraph id="HA3ACE50CF3EB4210AFFD5A8C5739CD44"><enum>(B)</enum><header>Determination</header><text>The
Administrator shall—</text>
<clause id="H4455ACA6A3A14A57991197AF5B936E0D"><enum>(i)</enum><text>make a determination
regarding an application submitted under subparagraph (A) not later than 30
days before the first day of the fiscal year for which the application is
submitted;</text>
</clause><clause id="H1F148365F3504491B1727216F80A6DFB"><enum>(ii)</enum><text>publish the
determination in the Federal Register; and</text>
</clause><clause id="HB4EF1533057B4A0C86A33302B631B349"><enum>(iii)</enum><text>make a copy of the
determination and any related materials available to the Committee on Small
Business and Entrepreneurship of the Senate and the Committee on Small Business
and the Committee on Science, Space, and Technology of the House of
Representatives.</text>
</clause></subparagraph></paragraph><paragraph id="H76D487A681B143CB890FE6B0E83C47E2"><enum>(3)</enum><header>Maximum amount of
award</header><text>The head of a covered Federal agency may not make an award
under a pilot program in excess of 3 times the dollar amounts generally
established for Phase II awards under subsection (j)(2)(D) or
(p)(2)(B)(ix).</text>
</paragraph><paragraph id="H62C2BC19015341FA9B5F2ECC8B415162"><enum>(4)</enum><header>Registration</header><text>Any
applicant that receives an award under a pilot program shall register with the
Administrator in a registry that is available to the public.</text>
</paragraph><paragraph id="H0894A8EA6A5644789DCCAF5DD0464DF3"><enum>(5)</enum><header>Award Criteria or
Consideration</header><text display-inline="yes-display-inline">When making an
award under this section, the head of a covered Federal agency shall give
consideration to whether the technology to be supported by the award is likely
to be manufactured in the United States.</text>
</paragraph><paragraph id="H04A77348E6384BCB8EEA0FC070D7F8CD"><enum>(6)</enum><header>Report</header><text>The
head of each covered Federal agency shall include in the annual report of the
covered Federal agency to the Administrator an analysis of the various
activities considered for inclusion in the pilot program of the covered Federal
agency and a statement of the reasons why each activity considered was included
or not included, as the case may be.</text>
</paragraph><paragraph id="H12FF12D3AE7D4729A9CB60FF749421AC"><enum>(7)</enum><header>Termination</header><text>The
authority to establish a pilot program under this section expires at the end of
fiscal year 2014.</text>
</paragraph><paragraph id="HD0617937051F463494328FE5B88C853D"><enum>(8)</enum><header>Definitions</header><text>In
this subsection—</text>
<subparagraph id="H8585BB0A895441D894017B758908026F"><enum>(A)</enum><text>the term <term>covered
Federal agency</term>—</text>
<clause id="H9903FBB4B42E41329FB81D1CE3B16FA2"><enum>(i)</enum><text>means a Federal agency
participating in the SBIR program or the STTR program; and</text>
</clause><clause id="HE404015AEF924C508ED4CC924C195F2B"><enum>(ii)</enum><text>does not include the
Department of Defense; and</text>
</clause></subparagraph><subparagraph id="H8CAF1EBFD5BA44ABBCE9BE04333E099F"><enum>(B)</enum><text>the term <term>pilot
program</term> means the program established under paragraph
(1).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H569B0FE6B28A4D8093FBDE8B17CD4E09"><enum>204.</enum><header>Interagency Policy
Committee</header>
<subsection id="H2F683E0426514306918F6FD960D59F40"><enum>(a)</enum><header>Establishment</header><text display-inline="yes-display-inline">The Director of the Office of Science and
Technology Policy shall establish an Interagency SBIR/STTR Policy
Committee.</text>
</subsection><subsection commented="no" id="H9B5D7529D8AF42AC8CF83740FF5A9748"><enum>(b)</enum><header>Duties</header><text display-inline="yes-display-inline">The Interagency SBIR/STTR Policy Committee
shall review the following issues and make policy recommendations on ways to
improve program effectiveness and efficiency:</text>
<paragraph commented="no" id="HC7CBDD1FB1E842F0A39B5A96C00F67A3"><enum>(1)</enum><text>The public and government
databases described in section 9(k) of the Small Business Act (15 U.S.C.
638(k)).</text>
</paragraph><paragraph commented="no" id="H706CB8D5BCFB43DCB246369B9C753F8A"><enum>(2)</enum><text>Federal agency
flexibility in establishing Phase I and II award sizes, including appropriate
criteria for exercising such flexibility.</text>
</paragraph><paragraph commented="no" id="H3F14FBF938A54DB79119D58F2F2DE63F"><enum>(3)</enum><text>Commercialization
assistance best practices of Federal agencies with significant potential to be
employed by other agencies, and the appropriate steps to achieve that leverage,
as well as proposals for new initiatives to address funding gaps that business
concerns face after Phase II but before commercialization.</text>
</paragraph><paragraph id="HEC7F7D0BF4264E148D5A20893116CABD"><enum>(4)</enum><text>Developing and
incorporating a standard evaluation framework to enable systematic assessment
of SBIR and STTR, including through improved tracking of awards and outcomes
and development of performance measures for the SBIR program and STTR program
of each Federal agency.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="HA63C125DBE6B45E29CB9D31DFA64A049"><enum>(c)</enum><header>Reports</header><text display-inline="yes-display-inline">The Interagency SBIR/STTR Policy Committee
shall transmit to the Committee on Science, Space, and Technology and the
Committee on Small Business of the House of Representatives and to the
Committee on Small Business and Entrepreneurship of the Senate—</text>
<paragraph commented="no" id="H65E0845047B24541922DA14AB7F01C07"><enum>(1)</enum><text>a report on its review
and recommendations under subsection (b)(1) not later than 1 year after the
date of enactment of this Act;</text>
</paragraph><paragraph commented="no" id="HC8BCB2D61D254AD9AEC1893102B41001"><enum>(2)</enum><text>a report on its review
and recommendations under subsection (b)(2) not later than 18 months after the
date of enactment of this Act;</text>
</paragraph><paragraph commented="no" id="HE9663A957E2A4F98AD8C9A315D89F967"><enum>(3)</enum><text>a report on its review
and recommendations under subsection (b)(3) not later than 2 years after the
date of enactment of this Act; and</text>
</paragraph><paragraph id="H80D011EEBD9B4F55BA1004E39B90D3B6"><enum>(4)</enum><text>a report on its review
and recommendations under subsection (b)(4) not later than 2 years after the
date of enactment of this Act.</text>
</paragraph></subsection></section><section id="H54E08447E04D42068494BEAB68E02DBE"><enum>205.</enum><header>Clarifying the
definition of <quote>Phase III</quote></header>
<subsection id="H1E49E2FB15924F4098CC9D1BC3A0311C"><enum>(a)</enum><header>Phase III
Awards</header><text>Section 9(e) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(e)), as amended by this Act, is further
amended—</text>
<paragraph id="HD8A4A2ED25DC446EAB98E564F89E1AA2"><enum>(1)</enum><text>in paragraph (4)(C), in
the matter preceding clause (i), by inserting <quote>for work that derives
from, extends, or completes efforts made under prior funding agreements under
the SBIR program</quote> after <quote>phase</quote>;</text>
</paragraph><paragraph id="H178D4FF3FD2F448AA0B6284A7ABB2AB3"><enum>(2)</enum><text>in paragraph (6)(C), in
the matter preceding clause (i), by inserting <quote>for work that derives
from, extends, or completes efforts made under prior funding agreements under
the STTR program</quote> after <quote>phase</quote>;</text>
</paragraph><paragraph id="H7DB6DD19EF3B48A0883417B6BE781FE7"><enum>(3)</enum><text>in paragraph (8), by
striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="HBE19A1D8CE904F35A72EB7B0286ED063"><enum>(4)</enum><text>in paragraph (9), by
striking the period at the end and inserting a semicolon; and</text>
</paragraph><paragraph id="HA5B48F1F47744249906770C353EE0FA5"><enum>(5)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H974ACEF69A1B4C358AF3B010E4B90719" reported-display-style="italic" style="OLC">
<paragraph id="H4D6EFF54F212484F931D477C97EC089A"><enum>(10)</enum><text>the term
<term>commercialization</term> means—</text>
<subparagraph id="H507911BCD7D34E2AA27DE16127E69BE5"><enum>(A)</enum><text>the process of developing
products, processes, technologies, or services; and</text>
</subparagraph><subparagraph id="H83E344899B3B410EA08A79FC33C82044"><enum>(B)</enum><text>the production and
delivery of products, processes, technologies, or services for sale (whether by
the originating party or by others) to or use by the Federal Government or
commercial
markets;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H64EC00A70E5547C58BF2C5346099C025"><enum>(b)</enum><header>Technical and
Conforming Amendments</header><text>Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended—</text>
<paragraph id="H31A636D082C247CDB2284B5049706BC1"><enum>(1)</enum><text>in subsection (e)—</text>
<subparagraph id="H6FE9ACFACE69409AA6E8300FC77E2239"><enum>(A)</enum><text>in paragraph (4)(C)(ii),
by striking <quote>scientific review criteria</quote> and inserting
<quote>merit-based selection procedures</quote>;</text>
</subparagraph><subparagraph id="H614E78390B124C9BADEB145081B12213"><enum>(B)</enum><text>in paragraph (9), by
striking <quote>the second or the third phase</quote> and inserting
<quote>Phase II or Phase III</quote>; and</text>
</subparagraph><subparagraph id="HE0AF55E92CB14A00A12AB570C72E1FDC"><enum>(C)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H64CC54E30C8B4F949DD435E1F61B2FFA" reported-display-style="italic" style="OLC">
<paragraph id="H52A9C43BE4F54158935C1C002BF8D26E"><enum>(11)</enum><text>the term <term>Phase
I</term> means—</text>
<subparagraph id="H390CEAD306644C25AFBFC31FDC6664B0"><enum>(A)</enum><text>with respect to the SBIR
program, the first phase described in paragraph (4)(A); and</text>
</subparagraph><subparagraph id="H50B0D3FBB6CC49338A8485DB8189A51B"><enum>(B)</enum><text>with respect to the STTR
program, the first phase described in paragraph (6)(A);</text>
</subparagraph></paragraph><paragraph id="HA794C5D883DA434C93D93701418F9913"><enum>(12)</enum><text>the term <term>Phase
II</term> means—</text>
<subparagraph id="H5A0AFCECDE5E44EEBCB16A22E89AB0F0"><enum>(A)</enum><text>with respect to the SBIR
program, the second phase described in paragraph (4)(B); and</text>
</subparagraph><subparagraph id="H3872AAF3E07F47AA93E2D714BBFF650A"><enum>(B)</enum><text>with respect to the STTR
program, the second phase described in paragraph (6)(B); and</text>
</subparagraph></paragraph><paragraph id="HBB1DED9B634B411C9C44FF1C58E93A69"><enum>(13)</enum><text>the term <term>Phase
III</term> means—</text>
<subparagraph id="HC66C1140A43340B3A3363FD9589846D1"><enum>(A)</enum><text>with respect to the SBIR
program, the third phase described in paragraph (4)(C); and</text>
</subparagraph><subparagraph id="H1E46AB4372924173B1A50D290752D042"><enum>(B)</enum><text>with respect to the STTR
program, the third phase described in paragraph
(6)(C).</text>
</subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HB38D3226481646E2A191CBA51B5E1FE1"><enum>(2)</enum><text>in subsection (j)—</text>
<subparagraph id="H2C5C71A2C4054A038DC5204954106423"><enum>(A)</enum><text>in paragraph (1)(B), by
striking <quote>phase two</quote> and inserting <quote>Phase II</quote>;</text>
</subparagraph><subparagraph id="H7E0B667C104E40E9A6B28ADBBC6FA359"><enum>(B)</enum><text>in paragraph (2)—</text>
<clause id="HEAFC67F473804D7792D82BAC8CCFD54A"><enum>(i)</enum><text>in subparagraph
(B)—</text>
<subclause id="HF136395DB61A4A098454143073F30B29"><enum>(I)</enum><text>by striking <quote>the
third phase</quote> each place it appears and inserting <quote>Phase
III</quote>; and</text>
</subclause><subclause id="H92209D3F9511495187005C747AF1F5D6"><enum>(II)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subclause></clause><clause id="H97D1217AE3E64E39BF4FD4599019BD08"><enum>(ii)</enum><text>in subparagraph
(D)—</text>
<subclause id="H10F0812624FA49AAA465030CAD98A975"><enum>(I)</enum><text>by striking <quote>the
first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="HE9F176FB40A544F7B7F785C6DB12DB44"><enum>(II)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subclause></clause><clause id="HA1B0E4EF0EEE47188B471F5DD7723CB8"><enum>(iii)</enum><text>in subparagraph (F), by
striking <quote>the third phase</quote> and inserting <quote>Phase
III</quote>;</text>
</clause><clause id="HD1001D24FA414915931B21CA5203F446"><enum>(iv)</enum><text>in subparagraph
(G)—</text>
<subclause id="HFB60C49C091B4AEBA3489ECD656C2AA4"><enum>(I)</enum><text>by striking <quote>the
first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="H76A7E372212040A2938B37C6A14F1105"><enum>(II)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>; and</text>
</subclause></clause><clause id="H3F6B82603B644B37945756C93E012A4A"><enum>(v)</enum><text>in subparagraph
(H)—</text>
<subclause id="H763DE86EFB6A45C787F69293901AF8D1"><enum>(I)</enum><text>by striking <quote>the
first phase</quote> and inserting <quote>Phase I</quote>;</text>
</subclause><subclause id="H4F178D31675A45AB9D97DD86E3714E7D"><enum>(II)</enum><text>by striking
<quote>second phase</quote> each place it appears and inserting <quote>Phase
II</quote>; and</text>
</subclause><subclause id="H9D01D66F6E8C4E4D925B6AE5D27ED6B3"><enum>(III)</enum><text>by striking
<quote>third phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="H93D3D9631D4A42488E644EAC13555B36"><enum>(C)</enum><text>in paragraph (3)—</text>
<clause id="H379C3A5119C94D20951F2F0281AD5ACD"><enum>(i)</enum><text>in subparagraph
(A)—</text>
<subclause id="HCC6599779AFD43568F3D35AA8491EB3B"><enum>(I)</enum><text>by striking <quote>the
first phase (as described in subsection (e)(4)(A))</quote> and inserting
<quote>Phase I</quote>;</text>
</subclause><subclause id="H9CDE8CF369E74B5EA4A7D0DE3525CF33"><enum>(II)</enum><text>by striking <quote>the
second phase (as described in subsection (e)(4)(B))</quote> and inserting
<quote>Phase II</quote>; and</text>
</subclause><subclause id="H721D66828F0C43ACAABFA4B5268DC42C"><enum>(III)</enum><text>by striking <quote>the
third phase (as described in subsection (e)(4)(C))</quote> and inserting
<quote>Phase III</quote>; and</text>
</subclause></clause><clause id="H29B2DAF4BCDA4DAB9DDEBD4CE5E0A54A"><enum>(ii)</enum><text>in subparagraph (B), by
striking <quote>second phase</quote> and inserting <quote>Phase
II</quote>;</text>
</clause></subparagraph></paragraph><paragraph id="H457307B4CEB043718D9B7345BA62A45C"><enum>(3)</enum><text>in subsection (k)—</text>
<subparagraph id="H3F1FCAEABC3E415AB5AB4922C3F7253F"><enum>(A)</enum><text>by striking <quote>first
phase</quote> each place it appears and inserting <quote>Phase I</quote>;
and</text>
</subparagraph><subparagraph id="HA151A50BF8964C04B5ECF107604FECAF"><enum>(B)</enum><text>by striking <quote>second
phase</quote> each place it appears and inserting <quote>Phase
II</quote>;</text>
</subparagraph></paragraph><paragraph id="HE169AA86B55E40E9B9CD0615EC454843"><enum>(4)</enum><text>in subsection
(l)(2)—</text>
<subparagraph id="H8BD10F553D984B6EAA66CAEEEECE3298"><enum>(A)</enum><text>by striking <quote>the
first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subparagraph><subparagraph id="H8355C919AE35450082099DFFF46622DE"><enum>(B)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subparagraph></paragraph><paragraph id="H8F7110F1D16F45D99C7DBEC3D62FD69E"><enum>(5)</enum><text>in subsection
(o)(13)—</text>
<subparagraph id="H704336D5A768433692A414E44006A79C"><enum>(A)</enum><text>in subparagraph (B), by
striking <quote>second phase</quote> and inserting <quote>Phase II</quote>;
and</text>
</subparagraph><subparagraph id="HC9F358AAB09E428CB928C2F9AF81155D"><enum>(B)</enum><text>in subparagraph (C), by
striking <quote>third phase</quote> and inserting <quote>Phase
III</quote>;</text>
</subparagraph></paragraph><paragraph id="HC4808EC63A30408E869B5688826C564A"><enum>(6)</enum><text>in subsection (p)—</text>
<subparagraph id="HDF64ABEF8DBA4973AD07CC594C399EA7"><enum>(A)</enum><text>in paragraph
(2)(B)—</text>
<clause id="H23D828B16C5041EF93F988F106A78C52"><enum>(i)</enum><text>in clause (vi)—</text>
<subclause id="HDB00EC5584784CD4BD912520AF7BF697"><enum>(I)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>; and</text>
</subclause><subclause id="HB3BF7881968841D3BACB70D5A1090EE7"><enum>(II)</enum><text>by striking <quote>the
third phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause></clause><clause id="H670AB5DE9202471883628F3EBFD92CF4"><enum>(ii)</enum><text>in clause (ix)—</text>
<subclause id="H2274B068D006426CABA3ADE448CFB932"><enum>(I)</enum><text>by striking <quote>the
first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="H1B9634199E2342DCAFE9F2064369471E"><enum>(II)</enum><text>by striking <quote>the
second phase</quote> and inserting <quote>Phase II</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="H0C4763CE8F8D4ADCB03FDBFF7D57E22D"><enum>(B)</enum><text>in paragraph (3)—</text>
<clause id="H8022938D2A42494CB35E467188032115"><enum>(i)</enum><text>by striking <quote>the
first phase (as described in subsection (e)(6)(A))</quote> and inserting
<quote>Phase I</quote>;</text>
</clause><clause id="HBEB37C4265AD42F8A8E89B94E654CC8C"><enum>(ii)</enum><text>by striking <quote>the
second phase (as described in subsection (e)(6)(B))</quote> and inserting
<quote>Phase II</quote>; and</text>
</clause><clause id="H251359DB14C8443091F8B87923AA68AD"><enum>(iii)</enum><text>by striking <quote>the
third phase (as described in subsection (e)(6)(C))</quote> and inserting
<quote>Phase III</quote>;</text>
</clause></subparagraph></paragraph><paragraph id="H778002EBCBB8496C812123ACBEC363D5"><enum>(7)</enum><text>in subsection
(q)(3)(A)—</text>
<subparagraph id="HAD8D8DD733B64A17B03CC3B8A9DCD1E6"><enum>(A)</enum><text>in the subparagraph
heading, by striking <quote><header-in-text level="subparagraph">First
phase</header-in-text></quote> and inserting <quote><header-in-text level="subparagraph">Phase i</header-in-text></quote>; and</text>
</subparagraph><subparagraph id="HEBB402D05EE04265BDE260EF228CBCCC"><enum>(B)</enum><text>by striking <quote>first
phase</quote> and inserting <quote>Phase I</quote>;</text>
</subparagraph></paragraph><paragraph id="HBA613F842D634A34BEE2232F117C48EB"><enum>(8)</enum><text>in subsection (r)—</text>
<subparagraph id="H842F1050392247B3B7375B5E2372F490"><enum>(A)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Third
Phase</header-in-text></quote> and inserting <quote><header-in-text level="subsection">Phase III</header-in-text></quote>;</text>
</subparagraph><subparagraph id="HFF98D27132ED4A1CB0A254C692D60DD6"><enum>(B)</enum><text>in paragraph (1)—</text>
<clause id="HF49D8FE0EDF346F499BE86CE03A21CF3"><enum>(i)</enum><text>in the first
sentence—</text>
<subclause id="H16F1B9593BE24E958AE6E97FDE493F24"><enum>(I)</enum><text>by striking <quote>for
the second phase</quote> and inserting <quote>for Phase II</quote>;</text>
</subclause><subclause id="HBE5B2ED82D7C4D5FBC9E1E368590EFBC"><enum>(II)</enum><text>by striking <quote>third
phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause><subclause id="H800502134DF14E62AA3C386088EB9097"><enum>(III)</enum><text>by striking
<quote>second phase period</quote> and inserting <quote>Phase II
period</quote>; and</text>
</subclause></clause><clause id="HC8ECEECA29264DBBBAC701406CCBCCB6"><enum>(ii)</enum><text>in the second
sentence—</text>
<subclause id="H084EC8E0E3554F2AA9A3C176AAA29EC0"><enum>(I)</enum><text>by striking <quote>second
phase</quote> and inserting <quote>Phase II</quote>; and</text>
</subclause><subclause id="H4A67825CC5924FB68F1D9283CA0DAD29"><enum>(II)</enum><text>by striking <quote>third
phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="H00738821E77949A6BA58F186C8E284D1"><enum>(C)</enum><text>in paragraph (2), by
striking <quote>third phase</quote> and inserting <quote>Phase III</quote>;
and</text>
</subparagraph></paragraph><paragraph id="HE51F33F5004E4C49AC28711BFBE93BDB"><enum>(9)</enum><text display-inline="yes-display-inline">in subsection (u)(2)(B), by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>.</text>
</paragraph></subsection></section><section id="HD08A0901EFE74912B7F3AAF84F6A81DA"><enum>206.</enum><header>Shortened period for
final decisions on proposals and applications</header>
<subsection id="H9D92BA80FFD040E4A76A3A19F2B81E96"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended—</text>
<paragraph id="HD9640239E4784FDAA18418A2C53F0ED8"><enum>(1)</enum><text>in subsection
(g)(4)—</text>
<subparagraph id="H1289D527738F4935884C433C914E94D0"><enum>(A)</enum><text>by inserting
<quote>(A)</quote> after <quote>(4)</quote>;</text>
</subparagraph><subparagraph id="HCE8F043956F541EE9E7081F14AFC5F06"><enum>(B)</enum><text>by adding
<quote>and</quote> after the semicolon at the end; and</text>
</subparagraph><subparagraph id="H940065105B8545D19372FCD88EFEC3A0"><enum>(C)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H3B403BD54A5D48CA925EB35D2C93BE71" reported-display-style="italic" style="OLC">
<subparagraph id="HC1322E1C19E54CDEA8448FFC4CA9A87D" indent="up1"><enum>(B)</enum><text>make a final decision on
each proposal submitted under the SBIR program—</text>
<clause id="H397AF691E751499D89FB7122DD1266F7"><enum>(i)</enum><text>not later than 90 days
after the date on which the solicitation closes; or</text>
</clause><clause id="HBF829EDA70174C5B9A17DF58EBAF6F00"><enum>(ii)</enum><text>if the Administrator
authorizes an extension for a solicitation, not later than 180 days after the
date on which the solicitation closes;</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HAA17968FBB874A9ABB615C09C9FE2BC0"><enum>(2)</enum><text>in subsection
(o)(4)—</text>
<subparagraph id="H91C14F72DC564720AE8AC3AE92D4B8BF"><enum>(A)</enum><text>by inserting
<quote>(A)</quote> after <quote>(4)</quote>;</text>
</subparagraph><subparagraph id="HD0911AF80FF94EB4A8093C638A39F9B0"><enum>(B)</enum><text>by adding
<quote>and</quote> after the semicolon at the end; and</text>
</subparagraph><subparagraph id="H71C03C98D5384198AAA04960370E875C"><enum>(C)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H6869FF8FAABA46378A9EBA2B9C9A16E0" reported-display-style="italic" style="OLC">
<subparagraph id="H9FA511AA70484FFC935C9C8F0CC27B55" indent="up1"><enum>(B)</enum><text>make a final decision on
each proposal submitted under the STTR program—</text>
<clause id="H98B3F41811534A7288046573CA1A48D6"><enum>(i)</enum><text>not later than 90 days
after the date on which the solicitation closes; or</text>
</clause><clause id="H43CA697697124ECFBDB6D4096B5E2341"><enum>(ii)</enum><text>if the Administrator
authorizes an extension for a solicitation, not later than 180 days after the
date on which the solicitation
closes;</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="HCB356DC903644DF1994E0629BD082F85"><enum>(b)</enum><header>NIH Peer Review
Process</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H008307F797CD4BD2808C9293C5546E60" reported-display-style="italic" style="OLC">
<subsection id="H2FCC773DD64C40999AFCCC28E7ED4F05"><enum>(ii)</enum><header>NIH Peer Review
Process</header><text>Notwithstanding subsections (g)(4)(B) and (o)(4)(B), the
Director of the National Institutes of Health may make an award under the SBIR
program or the STTR program of the National Institutes of Health only if the
application for the award has undergone technical and scientific peer review
under section 492 of the <act-name parsable-cite="PHSA">Public Health Service
Act</act-name> (42 U.S.C. 289a).</text>
</subsection><subsection id="H0E03FE9D900541C79D33F31F61A7F856"><enum>(jj)</enum><header>NSF peer review
process</header><text display-inline="yes-display-inline">Notwithstanding
subsections (g)(4)(B) and (o)(4)(B), the Director of the National Science
Foundation may make an award under the SBIR program or the STTR program of the
National Science Foundation only if the application for the award has undergone
the National Science Foundation's technical and scientific peer review process
and met all other applicable peer review procedures and guidelines pursuant to
the National Science Foundation Act of 1950 (42 U.S.C. 1861, et seq.) and other
applicable Federal
law.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HAAF2940B3E2F49EE9C9E28D2B57D70A4"><enum>207.</enum><header>Phase 0 Proof of
Concept Partnership pilot program</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSY00" display-inline="no-display-inline" id="HC6DF29A08DA1446A9D4332B9BB1DFBC5" reported-display-style="italic" style="OLC">
<subsection id="H0ABF451E6B0D46C6BEB487BF9B934224"><enum>(kk)</enum><header>Phase 0 Proof of
Concept Partnership pilot program</header>
<paragraph id="HA1D10CB35B32476F8EA4689C4B5DFE22"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The Director of the
National Institutes of Health shall use $10,000,000 of the funds allocated
under subsection (n)(1) for a Proof of Concept Partnership pilot program to
accelerate the creation of small businesses and the commercialization of
research innovations from qualifying institutions. To implement this program,
the Director shall award, through a competitive, merit-based process, grants to
qualifying institutions. These grants shall only be used to administer Proof of
Concept Partnership awards in conformity with this subsection.</text>
</paragraph><paragraph id="H065F735C184E45199DB9F8EBAD4E4D75"><enum>(2)</enum><header>Definitions</header><text>In
this subsection—</text>
<subparagraph id="H989C4922D9E747D1B7B085D3CE645262"><enum>(A)</enum><text>the term
<quote>Director</quote> means the Director of the National Institutes of
Health;</text>
</subparagraph><subparagraph id="H27F46AFCD458435287D7D570784E4EC7"><enum>(B)</enum><text>the term <quote>pilot
program</quote> refers to the Proof of Concept Partnership pilot program;
and</text>
</subparagraph><subparagraph id="HB109368EB5F049E298410580F282A7B3"><enum>(C)</enum><text>the terms
<quote>qualifying institution</quote> and <quote>institution</quote> mean a
university or other research institution that participates in the National
Institutes of Health’s STTR program.</text>
</subparagraph></paragraph><paragraph id="H8DD2F28472284DE6BC6D824DA9524D89"><enum>(3)</enum><header>Proof of concept
partnerships</header>
<subparagraph id="HF15BD992D4CA46C5872BF8E0D0F71F9E"><enum>(A)</enum><header>In
general</header><text>A Proof of Concept Partnership shall be set up by a
qualifying institution to award grants to individual researchers. These grants
should provide researchers with the initial investment and the resources to
support the proof of concept work and commercialization mentoring needed to
translate promising research projects and technologies into a viable company.
This work may include technical validations, market research, clarifying
intellectual property rights position and strategy and investigating commercial
or business opportunities.</text>
</subparagraph><subparagraph id="H700C74B65FBF4312A84FD04BD563B890"><enum>(B)</enum><header>Award
guidelines</header><text>The administrator of a Proof of Concept Partnership
program shall award grants in accordance with the following guidelines:</text>
<clause id="H60A4F9B264FB4F62B92C69422EFC1055"><enum>(i)</enum><text>The Proof of Concept
Partnership shall use a market-focused project management oversight process,
including—</text>
<subclause id="H270E127959404A768CCA1267BBB97068"><enum>(I)</enum><text display-inline="yes-display-inline">a rigorous, diverse review board comprised
of local experts in translational and proof of concept research, including
industry, start-up, venture capital, technical, financial, and business experts
and university technology transfer officials;</text>
</subclause><subclause id="H7805A764B32840C796652820951068AF"><enum>(II)</enum><text display-inline="yes-display-inline">technology validation milestones focused on
market feasibility;</text>
</subclause><subclause id="H851523C4742245D7B4379AD56FC24676"><enum>(III)</enum><text>simple reporting
effective at redirecting projects; and</text>
</subclause><subclause id="H0F834A0130104AF89C65CAC9412C5FA3"><enum>(IV)</enum><text>the willingness to
reallocate funding from failing projects to those with more potential.</text>
</subclause></clause><clause id="HA90FB164AF824E4287A106D851F21355"><enum>(ii)</enum><text>Not more than $100,000
shall be awarded towards an individual proposal.</text>
</clause></subparagraph><subparagraph id="H9979227CA8C341C781BCA4770543E078"><enum>(C)</enum><header>Educational resources
and guidance</header><text display-inline="yes-display-inline">The
administrator of a Proof of Concept Partnership program shall make educational
resources and guidance available to researchers attempting to commercialize
their innovations.</text>
</subparagraph></paragraph><paragraph id="H1D14A2BBD5DA4881B33A9F1795ADABC2"><enum>(4)</enum><header>Awards</header>
<subparagraph id="HC0F5CC789B9F475682F37BA25796EC6D"><enum>(A)</enum><header>Size of
award</header><text>The Director may make awards to a qualifying institution
for up to $1,000,000 per year for up to 3 years.</text>
</subparagraph><subparagraph id="HED08654B73594FD78A4B92751535C8FA"><enum>(B)</enum><header>Award
criteria</header><text>In determining which qualifying institutions receive
pilot program grants, the Director shall consider, in addition to any other
criteria the Director determines necessary, the extent to which qualifying
institutions—</text>
<clause id="HB76D8679BF714BA6B8BD72CE06747684"><enum>(i)</enum><text display-inline="yes-display-inline">have an established and proven technology
transfer or commercialization office and have a plan for engaging that office
in the program implementation;</text>
</clause><clause id="H1B5FB65D2D664EBA8F1D93EAF769EFD0"><enum>(ii)</enum><text>have demonstrated a
commitment to local and regional economic development;</text>
</clause><clause id="H2D93C1CC04F84CD1B8425F594CCAA3FC"><enum>(iii)</enum><text>are located in diverse
geographies and are of diverse sizes;</text>
</clause><clause id="H6FC0AF17564A4228B9577EB65B4047C6"><enum>(iv)</enum><text>can assemble project
management boards comprised of industry, start-up, venture capital, technical,
financial, and business experts;</text>
</clause><clause id="H9911BA2B8DF24DEF9FE85531750E1F5E"><enum>(v)</enum><text>have an intellectual
property rights strategy or office; and</text>
</clause><clause id="HB569EC2BB1C94385A21CB63D71D76558"><enum>(vi)</enum><text display-inline="yes-display-inline">demonstrate a plan for sustainability
beyond the duration of the funding award.</text>
</clause></subparagraph></paragraph><paragraph id="H29F56988DFC8496B9866EFF1A3E6A783"><enum>(5)</enum><header>Limitations</header><text display-inline="yes-display-inline">The funds for the pilot program shall not
be used—</text>
<subparagraph id="HA55A58A0010C405E88545CB95D5DC12C"><enum>(A)</enum><text>for basic research, but
to evaluate the commercial potential of existing discoveries, including—</text>
<clause id="H0CF2D8678BEF430E90642D7EC488C857"><enum>(i)</enum><text>proof of concept research
or prototype development; and</text>
</clause><clause id="HF51F7C0A0EEF4851B751ED94FB81FB5F"><enum>(ii)</enum><text>activities that
contribute to determining a project’s commercialization path, to include
technical validations, market research, clarifying intellectual property
rights, and investigating commercial and business opportunities; or</text>
</clause></subparagraph><subparagraph id="H03F454E3A24549F6AA0E6972B7F7DAA1"><enum>(B)</enum><text>to fund the acquisition
of research equipment or supplies unrelated to commercialization
activities.</text>
</subparagraph></paragraph><paragraph id="H2E9945181EE64F289E5ED44D7858C3E0"><enum>(6)</enum><header>Evaluative
Report</header><text>The Director shall submit to the Committee on Science,
Space, and Technology and the Committee on Small Business of the House of
Representatives and the Committee on Small Business and Entrepreneurship of the
Senate an evaluative report regarding the activities of the pilot program. The
report shall include—</text>
<subparagraph id="H64770FF7B74E477B9E745A7D3F8691BB"><enum>(A)</enum><text>a detailed description of
the institutional and proposal selection process;</text>
</subparagraph><subparagraph id="H4CC811D87B534692A0F09EBE4BAC9328"><enum>(B)</enum><text>an accounting of the
funds used in the pilot program;</text>
</subparagraph><subparagraph id="HC6D6C7E9BFF644C78D708709365A3914"><enum>(C)</enum><text>a detailed description of
the pilot program, including incentives and activities undertaken by review
board experts;</text>
</subparagraph><subparagraph id="H9ED0D97CA15943ABB50E03B114886C6B"><enum>(D)</enum><text>a detailed compilation of
results achieved by the pilot program, including the number of small business
concerns included and the number of business packages developed, and the number
of projects that progressed into subsequent STTR phases; and</text>
</subparagraph><subparagraph id="HDD6EABC7551F4F4FA8A618790A273213"><enum>(E)</enum><text>an analysis of the
program’s effectiveness with supporting data.</text>
</subparagraph></paragraph><paragraph id="HAD016F415C584501898C2DD3118461D0"><enum>(7)</enum><header>Sunset</header><text>The
pilot program under this subsection shall terminate at the end of fiscal year
2014.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>III</enum><header>OVERSIGHT AND
EVALUATION</header>
<section id="H3E655C1203504741BA1A05FEE5007009"><enum>301.</enum><header>Streamlining annual
evaluation requirements</header><text display-inline="no-display-inline">Section 9(b) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(b))
is amended—</text>
<paragraph id="H2C77E50702F14D7E882DA96492721858"><enum>(1)</enum><text>in paragraph (7)—</text>
<subparagraph id="H938F3CE006AC4B99AE52620FBB20448F"><enum>(A)</enum><text>by striking “STTR
programs, including the data” and inserting the following: “STTR programs,
including—</text>
<quoted-block changed="added" committee-id="HSY00" id="HA499ABD9344B4D98B03C6B47269971E7" reported-display-style="italic" style="OLC">
<subparagraph id="HCB9B9DA4C4684B1787FF13889C21958B"><enum>(A)</enum><text>the
data</text>
</subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HB3CCF1688A7B431AB3C47890AF412BCE"><enum>(B)</enum><text>by striking “(g)(10),
(o)(9), and (o)(15), the number” and all that follows through “under each of
the SBIR and STTR programs, and a description” and inserting the following:
“(g)(8) and (o)(9);</text>
<quoted-block changed="added" committee-id="HSY00" id="H64CE40DFE2A94083A8A11CB0EC240243" reported-display-style="italic" style="OLC">
<subparagraph id="H13665CE82BD4474DB3A1CD4168908F6B"><enum>(B)</enum><text display-inline="yes-display-inline">the number of proposals received from, and
the number and total amount of awards to, HUBZone small business concerns and
firms with venture capital, hedge fund, or private equity firm investment
(including those majority-owned by multiple venture capital operating
companies, hedge funds, or private equity firms) under each of the SBIR and
STTR programs;</text>
</subparagraph><subparagraph id="H68E4B0416D8D485DAC6752910817071A"><enum>(C)</enum><text>a description of the
extent to which each Federal agency is increasing outreach and awards to firms
owned and controlled by women and social or economically disadvantaged
individuals under each of the SBIR and STTR programs;</text>
</subparagraph><subparagraph id="HBEA79CECD49D4709B86B01376EDFAB30"><enum>(D)</enum><text display-inline="yes-display-inline">general information about the
implementation of, and compliance with the allocation of funds required under,
subsection (dd) for firms owned in majority part by venture capital operating
companies, hedge funds, or private equity firms and participating in the SBIR
program;</text>
</subparagraph><subparagraph id="HF44AAD6C2EF0432081F0045391D100FA"><enum>(E)</enum><text>a detailed description of
appeals of Phase III awards and notices of noncompliance with the SBIR Policy
Directive and the STTR Policy Directive filed by the Administrator with Federal
agencies; and</text>
</subparagraph><subparagraph id="H7F5299D6BA1A4CDFA107DCAC5D839982"><enum>(F)</enum><text>a
description</text>
</subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph commented="no" id="HBDE3719968934A9CB7A8544509E305A8"><enum>(C)</enum><text>by striking
<quote>and</quote> at the end;</text>
</subparagraph></paragraph><paragraph commented="no" id="HDF80E719093346F28FCC553E96A6D631"><enum>(2)</enum><text>in paragraph (8), by
striking the period at the end and inserting <quote>; and</quote>; and</text>
</paragraph><paragraph id="HEABBB9FB566C413FA081BA83F13C60FB"><enum>(3)</enum><text>by inserting after
paragraph (8) the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H3EF048DFFD1147DF8A808AE89FB6D3DB" reported-display-style="italic" style="OLC">
<paragraph id="H115685BC1C0D41D6AD6A8E31DBBFD27E"><enum>(9)</enum><text>to coordinate the
implementation of electronic databases at each of the Federal agencies
participating in the SBIR program or the STTR program, including the technical
ability of the participating agencies to electronically share
data.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H37A6011D65A54D59A6CF52F16B860674"><enum>302.</enum><header>Data collection from
agencies for SBIR</header><text display-inline="no-display-inline">Section 9(g)
of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(g)), as amended by this Act, is further amended—</text>
<paragraph id="H1CE0C3F7C57840D28B354A15CE732102"><enum>(1)</enum><text>by striking paragraph
(10);</text>
</paragraph><paragraph id="H5F9D6C63DB2B48EABFFD7DE16A5F0694"><enum>(2)</enum><text>by redesignating
paragraphs (8) and (9) as paragraphs (9) and (10), respectively; and</text>
</paragraph><paragraph id="H55CBFC8C5CC84504926275284FBBB69B"><enum>(3)</enum><text>by inserting after
paragraph (7) the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H2F856352FC85405188CE015FAE98A28A" reported-display-style="italic" style="OLC">
<paragraph id="H64B8E854BF01424BBC53D4C2056E29C4"><enum>(8)</enum><text>collect annually, and
maintain in a common format in accordance with the simplified reporting
requirements under subsection (v), such information from awardees as is
necessary to assess the SBIR program, including information necessary to
maintain the database described in subsection (k), including—</text>
<subparagraph id="H35F399BF10E64560AFA56701C2C78153"><enum>(A)</enum><text>whether an
awardee—</text>
<clause id="H0D6B6646C9FF4EC9AB9F545894ECBC1F"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment or is majority-owned by multiple venture capital
operating companies, hedge funds, or private equity firms, and, if so—</text>
<subclause id="HA4979E0B210541C192063EBB61597F77"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment that the awardee has received as of the date
of the award; and</text>
</subclause><subclause id="H6EB54E03E2DD46DAA804D9144D63AA05"><enum>(II)</enum><text>the amount of additional
capital that the awardee has invested in the SBIR technology;</text>
</subclause></clause><clause id="H9EDC9E87E93E43E183F206737092F613"><enum>(ii)</enum><text>has an investor
that—</text>
<subclause id="H70E6F89AAE284B67B2A0C2208FC70F86"><enum>(I)</enum><text>is an individual who is
not a citizen of the United States or a lawful permanent resident of the United
States, and if so, the name of any such individual; or</text>
</subclause><subclause id="HF0E6629832D0426589A32F8B6D949E2D"><enum>(II)</enum><text>is a person that is not
an individual and is not organized under the laws of a State or the United
States, and if so the name of any such person;</text>
</subclause></clause><clause id="HAE0D1C57A1334BA5936F652E0EB9482F"><enum>(iii)</enum><text>is owned by a woman or
has a woman as a principal investigator;</text>
</clause><clause id="HD477133834584113A512B747875C8DFB"><enum>(iv)</enum><text>is owned by a socially
or economically disadvantaged individual or has a socially or economically
disadvantaged individual as a principal investigator;</text>
</clause><clause id="H65CF15816C7549AD819FA5FBEAC4B810"><enum>(v)</enum><text>is a faculty member or a
student of an institution of higher education, as that term is defined in
section 101 of the <act-name parsable-cite="HEA65">Higher Education Act of
1965</act-name> (20 U.S.C. 1001); or</text>
</clause><clause id="H987BCF7259024D08BF600886E878C5D6"><enum>(vi)</enum><text>is located in a State
described in subsection (u)(3); and</text>
</clause></subparagraph><subparagraph id="HCAB59A7D45F24E14AA174999B19213C5"><enum>(B)</enum><text>a justification statement
from the agency, if an awardee receives an award in an amount that is more than
the award guidelines under this
section;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HE46DE38FAB1841CB80B1925554B587BE"><enum>303.</enum><header>Data collection from
agencies for STTR</header><text display-inline="no-display-inline">Section 9(o)
of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(o)), as amended by this Act, is further amended by striking paragraph (9)
and inserting the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H38BEB5D4530A45A9A4E4C5F4CA046D36" reported-display-style="italic" style="OLC">
<paragraph id="H4754C712DD1D4A488EC2E0AD118CE2EF"><enum>(9)</enum><text>collect annually, and
maintain in a common format in accordance with the simplified reporting
requirements under subsection (v), such information from applicants and
awardees as is necessary to assess the STTR program outputs and outcomes,
including information necessary to maintain the database described in
subsection (k), including—</text>
<subparagraph id="H77D3908AD0C64C4AACB38FEF5601182D"><enum>(A)</enum><text>whether an applicant or
awardee—</text>
<clause id="HAAE0D321EC984718AFEDE5BB49576227"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment or is majority-owned by multiple venture capital
operating companies, hedge funds, or private equity firms, and, if so—</text>
<subclause id="H9D0D2B7C655946A584181AC84876C04E"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment that the applicant or awardee has received as
of the date of the application or award, as applicable; and</text>
</subclause><subclause id="H64A50DE6526D45E0AE0BB76D219C93A1"><enum>(II)</enum><text>the amount of additional
capital that the applicant or awardee has invested in the SBIR
technology;</text>
</subclause></clause><clause id="HD5BEE3486483406B8924B7F76A9AEB44"><enum>(ii)</enum><text>has an investor
that—</text>
<subclause id="HADCE2E36A1C44F67B1B4730FE09FF8F5"><enum>(I)</enum><text>is an individual who is
not a citizen of the United States or a lawful permanent resident of the United
States, and if so, the name of any such individual; or</text>
</subclause><subclause id="HAB3E57D02CF047029604A95EB935FCB0"><enum>(II)</enum><text>is a person that is not
an individual and is not organized under the laws of a State or the United
States, and if so the name of any such person;</text>
</subclause></clause><clause id="HC00F5F5487D2435CAEE3A996CD43E8C3"><enum>(iii)</enum><text>is owned by a woman or
has a woman as a principal investigator;</text>
</clause><clause id="HB4CDBB98AF434C069EF88887DFC7BDD4"><enum>(iv)</enum><text>is owned by a socially
or economically disadvantaged individual or has a socially or economically
disadvantaged individual as a principal investigator;</text>
</clause><clause id="HC2691CC1842E4C88977B17D105B00E00"><enum>(v)</enum><text>is a faculty member or a
student of an institution of higher education, as that term is defined in
section 101 of the <act-name parsable-cite="HEA65">Higher Education Act of
1965</act-name> (20 U.S.C. 1001); or</text>
</clause><clause id="H119CB9C78FF84E3B978939E6F884AC8C"><enum>(vi)</enum><text>is located in a State in
which the total value of contracts awarded to small business concerns under all
STTR programs is less than the total value of contracts awarded to small
business concerns in a majority of other States, as determined by the
Administrator in biennial fiscal years, beginning with fiscal year 2008, based
on the most recent statistics compiled by the Administrator; and</text>
</clause></subparagraph><subparagraph id="H996E548F59754A8FA1096E8700B7F8CC"><enum>(B)</enum><text>if an awardee receives an
award in an amount that is more than the award guidelines under this section, a
statement from the agency that justifies the award
amount;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H1AFE0A13B85747139D85E3317E3CCD11"><enum>304.</enum><header>Public
database</header><text display-inline="no-display-inline">Section 9(k)(1) of
the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(k)(1)) is amended—</text>
<paragraph id="HBD8CA96F69E14798AD7D5416B626CE61"><enum>(1)</enum><text>in subparagraph (D), by
striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="H5D90C82D6970467CA6B500ADC09DD385"><enum>(2)</enum><text>in subparagraph (E), by
striking the period at the end and inserting <quote>; and</quote>; and</text>
</paragraph><paragraph id="HC2551781A0F24B3283D71F2319FE20BE"><enum>(3)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H631F8F32EC9B49F7B798BD1F12958887" reported-display-style="italic" style="OLC">
<subparagraph id="H756CFEDEB47D4D0EB0526E32336C1AF7"><enum>(F)</enum><text>for each small business
concern that has received a Phase I or Phase II SBIR or STTR award from a
Federal agency, whether the small business concern—</text>
<clause id="H9C73FFF81BA8462E8CB649FF367AACAD"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment and, if so, whether the small business concern is
registered as majority-owned by multiple venture capital operating companies,
hedge funds, or private equity firms as required under subsection
(dd)(3);</text>
</clause><clause id="HD0F259756F984F11B3823E2FE0CF7BB0"><enum>(ii)</enum><text>is owned by a woman or
has a woman as a principal investigator;</text>
</clause><clause id="H3B534B07ED6A4EEC842E564EE09BAF01"><enum>(iii)</enum><text>is owned by a socially
or economically disadvantaged individual or has a socially or economically
disadvantaged individual as a principal investigator; or</text>
</clause><clause id="H2C9ABD126F8F41E79E8763F28C54774A"><enum>(iv)</enum><text>is owned by a faculty
member or a student of an institution of higher education, as that term is
defined in section 101 of the <act-name parsable-cite="HEA65">Higher Education
Act of 1965</act-name> (20 U.S.C.
1001).</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HA8286755176E4F33BEEB1DCAC19E174F"><enum>305.</enum><header>Government
database</header><text display-inline="no-display-inline">Section 9(k) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(k))
is amended—</text>
<paragraph id="H8614A28D940A4BEAA1636FE6C6C7EF5B"><enum>(1)</enum><text>in paragraph (2)—</text>
<subparagraph id="H1DF435D00C0A4DD394EABC03179C26A4"><enum>(A)</enum><text>in the matter preceding
subparagraph (A), by striking <quote>Not later</quote> and all that follows
through <quote>Act of 2000</quote> and inserting <quote>Not later than 90 days
after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011</quote>;</text>
</subparagraph><subparagraph id="HA09125B8824C473AA74CD3EBB4AF3A2B"><enum>(B)</enum><text>by striking subparagraph
(C);</text>
</subparagraph><subparagraph id="HF7926AA5CFAF4CB7A722BD4FB88DA07F"><enum>(C)</enum><text>by redesignating
subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively;</text>
</subparagraph><subparagraph id="HE6C8F6FBB07F4EC09A6208FFA93AEFA1"><enum>(D)</enum><text>by inserting before
subparagraph (B), as so redesignated, the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HC93627314A5447949F9B5CFA911D5216" reported-display-style="italic" style="OLC">
<subparagraph id="H00C7A999FDDF46EFB71A33B9FF527A2C"><enum>(A)</enum><text>contains, for each small
business concern that applies for, submits a proposal for, or receives an award
under Phase I or Phase II of the SBIR program or the STTR program—</text>
<clause id="HF6E27AAF29D44642BF5ACB111D83C866"><enum>(i)</enum><text>the name, size, and
location, and an identifying number assigned by the Administration of the small
business concern;</text>
</clause><clause id="H48D86FA2F0CB4A0AB9D2597031F2D477"><enum>(ii)</enum><text>an abstract of the
project;</text>
</clause><clause id="HD0756D48CCA743B794276F22A9DE1000"><enum>(iii)</enum><text>the specific aims of
the project;</text>
</clause><clause id="H5AC6605FEDB24DD794C3E067B74B62E5"><enum>(iv)</enum><text>the number of employees
of the small business concern;</text>
</clause><clause id="H3766E8A2BF3E4C7F94E0AAF8032ED08F"><enum>(v)</enum><text display-inline="yes-display-inline">the names and titles of the key individuals
that will carry out the project, the position each key individual holds in the
small business concern, and contact information for each key individual;</text>
</clause><clause id="H822FEA99DEAB4651B8BB803BBCAE0650"><enum>(vi)</enum><text>the percentage of effort
each individual described in clause (iv) will contribute to the project;</text>
</clause><clause id="H6C9DCD70406345B580BBD8AF7CA10737"><enum>(vii)</enum><text display-inline="yes-display-inline">whether the small business concern is
majority-owned by multiple venture capital operating companies, hedge funds, or
private equity firms; and</text>
</clause><clause id="H7B45B96ED7EA4E32BC8C439460881EA3"><enum>(viii)</enum><text>the Federal agency to
which the application is made, and contact information for the person or office
within the Federal agency that is responsible for reviewing applications and
making awards under the SBIR program or the STTR
program;</text>
</clause></subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HB83857667D3F413ABA2D17868CFFC6EE"><enum>(E)</enum><text>by redesignating
subparagraphs (D) and (E) as subparagraphs (E) and (F), respectively;</text>
</subparagraph><subparagraph id="HAB20F74488E04A9BAB0C289D8DC7EC62"><enum>(F)</enum><text>by inserting after
subparagraph (C), as so redesignated, the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HEAA6DE2EAB4141959FA42E2A55727394" reported-display-style="italic" style="OLC">
<subparagraph id="H3BB3DB38A470436B84085497AF27C921"><enum>(D)</enum><text>includes, for each
awardee—</text>
<clause id="H61A8C890538942D5A5761E834731C07D"><enum>(i)</enum><text>the name, size, location,
and any identifying number assigned to the awardee by the Administrator;</text>
</clause><clause id="H8D289479E86D46E7912C0EA44C550FDA"><enum>(ii)</enum><text display-inline="yes-display-inline">whether the awardee has venture capital,
hedge fund, or private equity firm investment, and, if so—</text>
<subclause id="HC9A78A280EC2420FB9048F66511E0FC9"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment as of the date of the award;</text>
</subclause><subclause id="H4BC0A1802D2D4A59BCD9EEA8F84A7D08"><enum>(II)</enum><text>the percentage of
ownership of the awardee held by a venture capital operating company, hedge
fund, or private equity firm, including whether the awardee is majority-owned
by multiple venture capital operating companies, hedge funds, or private equity
firms; and</text>
</subclause><subclause id="HF81B3936566B47B184553E4E8751A807"><enum>(III)</enum><text>the amount of
additional capital that the awardee has invested in the SBIR technology, which
information shall be collected on an annual basis;</text>
</subclause></clause><clause id="H053917B2C2094286BB65B93DCE2CE577"><enum>(iii)</enum><text>the names and locations
of any affiliates of the awardee;</text>
</clause><clause id="HB6EE11EB840546DA8C04804DE02F9519"><enum>(iv)</enum><text>the number of employees
of the awardee;</text>
</clause><clause id="H07FDB24025CD41EA8386116DA85E4B71"><enum>(v)</enum><text>the number of employees
of the affiliates of the awardee; and</text>
</clause><clause id="H0EE20BDC6863491F8AB298E409CEFFA5"><enum>(vi)</enum><text>the names of, and the
percentage of ownership of the awardee held by—</text>
<subclause id="HE8CBB228E524493F854BC37B5423F299"><enum>(I)</enum><text>any individual who is not
a citizen of the United States or a lawful permanent resident of the United
States; or</text>
</subclause><subclause id="HD75EBA1706964EAEAAC3D2FB3955F158"><enum>(II)</enum><text>any person that is not
an individual and is not organized under the laws of a State or the United
States;</text>
</subclause></clause></subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HEDAE507521C94BE3978925434B9A4899"><enum>(G)</enum><text>in subparagraph (E), as
so redesignated, by striking <quote>and</quote> at the end;</text>
</subparagraph><subparagraph id="H2461655707B844FD9E6C7C8BDFA3F27C"><enum>(H)</enum><text>in subparagraph (F), as
so redesignated, by striking the period at the end and inserting <quote>;
and</quote>; and</text>
</subparagraph><subparagraph id="H10A3A03EB42D416A9FE7C45E1E75179C"><enum>(I)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H04080DD71C604629B3F0E31A50B4B553" reported-display-style="italic" style="OLC">
<subparagraph id="H0D5BF77C77634A30AB0E782A3DE9BF90"><enum>(G)</enum><text display-inline="yes-display-inline">includes a timely and accurate list of any
individual or small business concern that has participated in the SBIR program
or STTR program that has been—</text>
<clause id="H8F7B4CFF7579448FA60A530ACA59CD49"><enum>(i)</enum><text>convicted of a
fraud-related crime involving funding received under the SBIR program or STTR
program; or</text>
</clause><clause id="H8DFA62E8BE7D44D79AC5BE59EE98F8B0"><enum>(ii)</enum><text>found civilly liable for
a fraud-related violation involving funding received under the SBIR program or
STTR program.</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="H9986FF7C66B0486C85628FDD43981B6B"><enum>(2)</enum><text>in paragraph (3), by
adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H1F78B727A4CF46A6813CA55C486BBE2A" reported-display-style="italic" style="OLC">
<subparagraph id="H9C3E70B5F0374D28975D8C6D38AE1CA2"><enum>(C)</enum><header>Government
database</header><text>Not later than 60 days after the date established by a
Federal agency for submitting applications or proposals for a Phase I or Phase
II award under the SBIR program or STTR program, the head of the Federal agency
shall submit to the Administrator the data required under paragraph (2) with
respect to each small business concern that applies or submits a proposal for
the Phase I or Phase II
award.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HD643531AB321446EAA2744EFD3848107"><enum>306.</enum><header>Accuracy in funding
base calculations</header>
<subsection id="H39D1C5B28F1E4A99A12EB56BBF983ECF"><enum>(a)</enum><header>In
General</header><text>Not later than 1 year after the date of enactment of this
Act, and every year thereafter until the date that is 5 years after the date of
enactment of this Act, the Comptroller General of the United States
shall—</text>
<paragraph id="HA841DF0C3C6F40DE84D3601AF7464368"><enum>(1)</enum><text>conduct a fiscal and
management audit of the SBIR program and the STTR program for the applicable
period to—</text>
<subparagraph id="H7656FC866F594DDA81B33C93483C1F19"><enum>(A)</enum><text>determine whether Federal
agencies comply with the expenditure amount requirements under subsections
(f)(1) and (n)(1) of section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act;</text>
</subparagraph><subparagraph id="H83B3D592EBEC4E02A80FFCA9ACCF8D07"><enum>(B)</enum><text>assess the extent of
compliance with the requirements of section 9(i)(2) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(i)(2)) by Federal agencies participating in the SBIR program or the STTR
program and the Administration; and</text>
</subparagraph><subparagraph id="H9682BA29B6DF42ED9D1B47E21955A4D2"><enum>(C)</enum><text>determine the portion of
the extramural research or research and development budget of a Federal agency
that each Federal agency spends for administrative purposes relating to the
SBIR program or STTR program, and for what specific purposes, including the
portion, if any, of such budget the Federal agency spends for salaries and
expenses, travel to visit applicants, outreach events, marketing, and technical
assistance; and</text>
</subparagraph></paragraph><paragraph id="H3C4EF17E7EE44D15BBCEC59193459CB7"><enum>(2)</enum><text>submit a report to the
Committee on Small Business and Entrepreneurship of the Senate and the
Committee on Small Business and the Committee on Science, Space, and Technology
of the House of Representatives regarding the audit conducted under paragraph
(1), including the assessments required under subparagraph (B), and the
determination made under subparagraph (C) of paragraph (1).</text>
</paragraph></subsection><subsection id="HD3010EED1B0744A1BCF7CCC30C2B0E8F"><enum>(b)</enum><header>Definition of
Applicable Period</header><text>In this section, the term <term>applicable
period</term> means—</text>
<paragraph id="H38B6EF4F2E9F4898A9FDEE762E77B6C4"><enum>(1)</enum><text>for the first report
submitted under this section, the period beginning on October 1, 2005, and
ending on September 30 of the last full fiscal year before the date of
enactment of this Act for which information is available; and</text>
</paragraph><paragraph id="H81A1A3E8FF2646C3B1F7A5399C9085BF"><enum>(2)</enum><text>for the second and each
subsequent report submitted under this section, the period—</text>
<subparagraph id="H45BF8E773088400FBDE11270C19E61EC"><enum>(A)</enum><text>beginning on October 1 of
the first fiscal year after the end of the most recent full fiscal year
relating to which a report under this section was submitted; and</text>
</subparagraph><subparagraph id="HBDAE68A133CF4CB7BC37BEB09DB20430"><enum>(B)</enum><text>ending on September 30 of
the last full fiscal year before the date of the report.</text>
</subparagraph></paragraph></subsection></section><section id="H3C869FAFCDEB49718547DA0D83E2DF88"><enum>307.</enum><header>Continued evaluation
by the National Academy of Sciences</header><text display-inline="no-display-inline">Section 108 of the Small Business
Reauthorization Act of 2000 (15 U.S.C. 638 note) is amended by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H81E1289198D34F2299EF10B4EB424155" reported-display-style="italic" style="OLC">
<subsection id="HDCF2ABF6A7F5493582AE8445F4BF90BA"><enum>(e)</enum><header>Extensions and
enhancements of authority</header>
<paragraph id="H493AB5EFA31046228D03A5BA3BD273AA"><enum>(1)</enum><header>In
general</header><text>Not later than 6 months after the date of enactment of
the Creating Jobs Through Small Business Innovation Act of 2011, the head of
each agency described in subsection (a), in consultation with the Small
Business Administration, shall cooperatively enter into an agreement with the
National Academy of Sciences for the National Research Council to, not later
than 4 years after the date of enactment of the Creating Jobs Through Small
Business Innovation Act of 2011, and every 4 years thereafter—</text>
<subparagraph id="H202B870C6ECD40C6AFC9E4F5E23067B7"><enum>(A)</enum><text>continue the most recent
study under this section relating to the issues described in subparagraphs (A),
(B), (C), and (E) of subsection (a)(1);</text>
</subparagraph><subparagraph id="HFDCBFC1D3F5944E280070DDE337E9011"><enum>(B)</enum><text>conduct a comprehensive
study of how the STTR program has stimulated technological innovation and
technology transfer, including—</text>
<clause id="H4FADB68BF9B84CF7AEB71CDF666DEA8B"><enum>(i)</enum><text>a review of the
collaborations created between small businesses and research institutions,
including an evaluation of the effectiveness of the program in stimulating new
collaborations and any obstacles that may prevent or inhibit the creation of
such collaborations;</text>
</clause><clause id="H9D7C2EA1428648B1951D6DA0AD560434"><enum>(ii)</enum><text>an evaluation of the
effectiveness of the program at transferring technology and capabilities
developed through Federal funding;</text>
</clause><clause id="H5EF33AEA063641D9949C8EF2BAF00381"><enum>(iii)</enum><text>an evaluation of the
program’s success at commercializing technologies compared with other Federal
technology transfer programs and the SBIR program;</text>
</clause><clause id="H23DCAF29835A446083E8851E51A0239B"><enum>(iv)</enum><text>to the extent
practicable, an evaluation of the economic benefits achieved by the STTR
program, including the economic rate of return;</text>
</clause><clause id="H542BD591E4A1477689C8C15C8D7565F0"><enum>(v)</enum><text>an analysis of how
Federal agencies are using small businesses that have completed Phase II under
the STTR program to fulfill their procurement needs; and</text>
</clause><clause id="H484D29B0DB854220AFCA9A94054D8C8A"><enum>(vi)</enum><text>an analysis of whether
the existing STTR allocation has impacted the effectiveness of the program in
achieving its goals;</text>
</clause></subparagraph><subparagraph id="HC99FF71878464979BE42AB7C448CE5FD"><enum>(C)</enum><text>make recommendations with
respect to the issues described in subparagraph (A), (D), and (E) of subsection
(a)(2) and subparagraph (B) of this paragraph; and</text>
</subparagraph><subparagraph id="H98AF03175BB047B28B927A5DDAA6B43A"><enum>(D)</enum><text>estimate, to the extent
practicable, the number of jobs created by the SBIR program or STTR program of
the agency.</text>
</subparagraph></paragraph><paragraph id="H10CC3B133C19426EAD564C5F55527779"><enum>(2)</enum><header>Consultation</header><text>An
agreement under paragraph (1) shall require the National Research Council to
ensure that there is participation by and consultation with the small business
community, the Administration, and other interested parties as described in
subsection (b).</text>
</paragraph><paragraph id="HF982C242770F457A8E770AC93BCD1516"><enum>(3)</enum><header>Reporting</header><text>An
agreement under paragraph (1) shall require that—</text>
<subparagraph id="H068F2B3A3C374E0CB95DE1745E93B283"><enum>(A)</enum><text>not later than 4 years
after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011, and every 4 years thereafter, the National Research
Council shall submit to the head of the agency entering into the agreement, the
Committee on Small Business and Entrepreneurship of the Senate, and the
Committee on Small Business and the Committee on Science, Space, and Technology
of the House of Representatives, a report regarding the study conducted under
paragraph (1) and containing the recommendations described in paragraph (1);
and</text>
</subparagraph><subparagraph id="H1F75FAD36C5642FC8EC85F53DD73DE72"><enum>(B)</enum><text>not later than 2 years
after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011, the National Research Council shall submit to the head
of the agency entering into the agreement, the Committee on Small Business and
Entrepreneurship of the Senate, and the Committee on Small Business and the
Committee on Science, Space, and Technology of the House of Representatives, a
report of preliminary findings and recommendations regarding the study
conducted under paragraph
(1)(B).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HEF117A54D95C4CE0BB578D21CF3A7A2A"><enum>308.</enum><header>Technology insertion
reporting requirements</header><text display-inline="no-display-inline">Section
9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638), as amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H840277E45F45456CB1636283D8B6B42A" reported-display-style="italic" style="OLC">
<subsection id="HA90B4AE3269B41C6BF28DCB8E9489385"><enum>(ll)</enum><header>Phase III
Reporting</header><text>The annual SBIR or STTR report to Congress by the
Administration under subsection (b)(7) shall include, for each Phase III award
made by the Federal agency—</text>
<paragraph id="H0F59A919D8254FF6AA91B941D01E07BF"><enum>(1)</enum><text>the name of the agency or
component of the agency or the non-Federal source of capital making the Phase
III award;</text>
</paragraph><paragraph id="H9E1093445EBC4EF9AC7186773B8C132E"><enum>(2)</enum><text>the name of the small
business concern or individual receiving the Phase III award; and</text>
</paragraph><paragraph id="H2EDC7E0045744177ADAD6C38DA0853B3"><enum>(3)</enum><text>the dollar amount of the
Phase III
award.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H2710190969CC48BF80F461394AB22241"><enum>309.</enum><header>Obtaining consent from
SBIR and STTR applicants to release contact information to economic development
organizations</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H88572B892EFA47C3B43EFA09515F3A9B" reported-display-style="italic" style="OLC">
<subsection id="HEAD7AE4CCE4A480FAE3AB36D2D95EC65"><enum>(mm)</enum><header>Consent To Release
Contact Information to Organizations</header>
<paragraph id="HA8E7BDC2E71D46E08BFAB64D466AF530"><enum>(1)</enum><header>Enabling concern to
give consent</header><text>Each Federal agency required by this section to
conduct an SBIR program or an STTR program shall enable a small business
concern that is an SBIR applicant or an STTR applicant to indicate to the
Federal agency whether the Federal agency has the consent of the concern
to—</text>
<subparagraph id="HB4722813EC8B4B9EA1C20242FE7F7A06"><enum>(A)</enum><text>identify the concern to
appropriate local and State-level economic development organizations as an SBIR
applicant or an STTR applicant; and</text>
</subparagraph><subparagraph id="H464F62C1C73D422AB7961E7FF2CDFD0F"><enum>(B)</enum><text>release the contact
information of the concern to such organizations.</text>
</subparagraph></paragraph><paragraph id="HA030E49EB5904B7BB36DF2FCB26BDBFC"><enum>(2)</enum><header>Rules</header><text>The
Administrator shall establish rules to implement this subsection. The rules
shall include a requirement that a Federal agency include in the SBIR and STTR
application a provision through which the applicant can indicate consent for
purposes of paragraph
(1).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H3FA455FBB8904DA08559B095A7960D6D"><enum>310.</enum><header>Pilot to allow funding
for administrative, oversight, and contract processing costs</header>
<subsection id="H285FD44DD0504791A41B9AA42837C05B"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="HA3BBA999BC494B93A2223CF2093B9642" reported-display-style="italic" style="OLC">
<subsection id="HC19B8D998A2B4CC0866F5206D93AE3FA"><enum>(nn)</enum><header>Assistance for
Administrative, Oversight, and Contract Processing Costs</header>
<paragraph id="H57D80783150542F981B229F89E899674"><enum>(1)</enum><header>In
general</header><text>Subject to paragraph (2), for the 3 full fiscal years
beginning after the date of enactment of this subsection, the Administrator
shall allow each Federal agency required to conduct an SBIR program to use not
more than 3 percent of the funds allocated to the SBIR program of the Federal
agency for—</text>
<subparagraph id="H289EB6638BED4C588E0EEF1F8C58A239"><enum>(A)</enum><text>the administration of the
SBIR program or the STTR program of the Federal agency;</text>
</subparagraph><subparagraph id="H490263D1400849429F1EE5226F6211FD"><enum>(B)</enum><text>the provision of outreach
and technical assistance relating to the SBIR program or STTR program of the
Federal agency, including technical assistance site visits and personnel
interviews;</text>
</subparagraph><subparagraph id="HDB6369EFD11D429E921732986BD7F632"><enum>(C)</enum><text>the implementation of
commercialization and outreach initiatives that were not in effect on the date
of enactment of this subsection;</text>
</subparagraph><subparagraph id="HB218BC77F6584B8F936880DADE73E3CA"><enum>(D)</enum><text>carrying out the program
under subsection (y);</text>
</subparagraph><subparagraph id="H10179588D02A409E8BFF8852502C7E04"><enum>(E)</enum><text display-inline="yes-display-inline">activities relating to oversight and
congressional reporting, including waste, fraud, and abuse prevention
activities;</text>
</subparagraph><subparagraph id="HFB2366810E16478FB58ECE9E35D7E516"><enum>(F)</enum><text>targeted reviews of
recipients of awards under the SBIR program or STTR program of the Federal
agency that the head of the Federal agency determines are at high risk for
fraud, waste, or abuse, to ensure compliance with requirements of the SBIR
program or STTR program, respectively;</text>
</subparagraph><subparagraph id="HC4E2FD861CD0404C9EB2335C9FC618A0"><enum>(G)</enum><text>the implementation of
oversight and quality control measures, including verification of reports and
invoices and cost reviews;</text>
</subparagraph><subparagraph id="HCA29BD430DBC4B44BF9135A9C8E7F1D6"><enum>(H)</enum><text>carrying out subsection
(dd);</text>
</subparagraph><subparagraph id="H1298C04B17BA4BA3984DB28B761397BF"><enum>(I)</enum><text>carrying out subsection
(hh);</text>
</subparagraph><subparagraph id="H28900629F0EC4118AEACF961565D3074"><enum>(J)</enum><text>contract processing costs
relating to the SBIR program or STTR program of the Federal agency; and</text>
</subparagraph><subparagraph id="H12C355050A8E465EAEB4C67FADB064B4"><enum>(K)</enum><text>funding for additional
personnel and assistance with application reviews.</text>
</subparagraph></paragraph><paragraph id="HEA3529E4D9E54EA29C61048FD033F055"><enum>(2)</enum><header>Performance
criteria</header><text>A Federal agency may not use funds as authorized under
paragraph (1) until after the effective date of performance criteria, which the
Administrator shall establish, to measure any benefits of using funds as
authorized under paragraph (1) and to assess continuation of the authority
under paragraph (1).</text>
</paragraph><paragraph id="HDD68A353E46748498346A23EF38F4B58"><enum>(3)</enum><header>Rules</header><text>Not
later than 180 days after the date of enactment of this subsection, the
Administrator shall issue rules to carry out this subsection.</text>
</paragraph><paragraph id="H6CF68602F5114A809E30D55B61611618"><enum>(4)</enum><header>Coordination with
IG</header><text>Each Federal agency shall coordinate the activities funded
under subparagraph (E), (F), or (G) of paragraph (1) with their respective
Inspectors General, when appropriate, and each Federal agency that allocates
more than $50,000,000 to the SBIR program of the Federal agency for a fiscal
year may share such funding with its Inspector General when the Inspector
General performs such
activities.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H4CBCD763054E44FB87F3FC099622B853"><enum>(b)</enum><header>Technical and
Conforming Amendments</header>
<paragraph id="H0BE4522BA40E462292AB22898E6A39E8"><enum>(1)</enum><header>In
general</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended—</text>
<subparagraph id="H4D35302E6A174D62AA1AE28756DBEF2A"><enum>(A)</enum><text>in subsection (f)(2), by
striking <quote>shall not</quote> and all that follows through <quote>make
available for the purpose</quote> and inserting <quote>shall not make available
for the purpose</quote>; and</text>
</subparagraph><subparagraph id="H13D2ADC72420409A9B7F079460A3F30F"><enum>(B)</enum><text>in subsection (y)—</text>
<clause id="HE57DB3D8A0364D3FAA9248C76DE1AAE5"><enum>(i)</enum><text>by striking paragraph
(4); and</text>
</clause><clause id="HC2945D3772B24908BAFF696230ED26A1"><enum>(ii)</enum><text>by redesignating
paragraphs (5) and (6) as paragraphs (4) and (5), respectively.</text>
</clause></subparagraph></paragraph><paragraph id="H69014ED49C304522A891B45A9246B4DA"><enum>(2)</enum><header>Transitional
rule</header><text>Notwithstanding the amendments made by paragraph (1),
subsection (f)(2) and (y)(4) of section 9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as in effect
on the day before the date of enactment of this Act, shall continue to apply to
each Federal agency until the effective date of the performance criteria
established by the Administrator under subsection (nn)(2) of section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name>, as added by
subsection (a).</text>
</paragraph><paragraph id="H3152413A0EC048B6907BB1F683CF793A"><enum>(3)</enum><header>Prospective
repeal</header><text>Effective on the first day of the fourth full fiscal year
following the date of enactment of this Act, section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by paragraph (1) of this section, is amended—</text>
<subparagraph id="H0B11ECE50C1343F4B9FE68309995DE28"><enum>(A)</enum><text>in subsection (f)(2), by
striking “shall not make available for the purpose” and inserting the
following: “shall not—</text>
<quoted-block changed="added" committee-id="HSY00" id="H7E076F0F1E594033A210AFB2363FBED2" reported-display-style="italic" style="OLC">
<subparagraph id="H6FEE9325DDFA4AA885CB80D561A3AF4C"><enum>(A)</enum><text>use any of its SBIR
budget established pursuant to paragraph (1) for the purpose of funding
administrative costs of the program, including costs associated with salaries
and expenses; or</text>
</subparagraph><subparagraph id="H1688B6CB20E24120B1A458CDCB8A120F"><enum>(B)</enum><text>make available for the
purpose</text>
</subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H694707D5531D4E04BAC9D359095D5CFB"><enum>(B)</enum><text>in subsection (y)—</text>
<clause id="H6C1CD99F21784F6189026CB22D151E46"><enum>(i)</enum><text>by redesignating
paragraphs (4) and (5) as paragraphs (5) and (6), respectively; and</text>
</clause><clause id="HB278CC5C9E4145F3BCF85930E49523D1"><enum>(ii)</enum><text>by inserting after
paragraph (3) the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="H84A8D713D9DF4029A52F19CB397309FF" reported-display-style="italic" style="OLC">
<paragraph id="H34052916C051410F90A1A15CB69DC9D7"><enum>(4)</enum><header>Funding</header>
<subparagraph id="HEE3D0E4FA37C45F2B8A20A4DF04C96DA"><enum>(A)</enum><header>In
general</header><text>The Secretary of Defense and each Secretary of a military
department may use not more than an amount equal to 1 percent of the funds
available to the Department of Defense or the military department pursuant to
the Small Business Innovation Research Program for payment of expenses incurred
to administer the Commercialization Pilot Program under this subsection.</text>
</subparagraph><subparagraph id="H4AA05605D8BF4232AF0976195FBFD1B7"><enum>(B)</enum><header>Limitations</header><text>The
funds described in subparagraph (A)—</text>
<clause id="H63C6D48A099B42A785824993891F4BE3"><enum>(i)</enum><text>shall not be subject to
the limitations on the use of funds in subsection (f)(2); and</text>
</clause><clause id="HB9DAB39A006244FC89B371081A44A337"><enum>(ii)</enum><text>shall not be used to
make Phase III
awards.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</clause></subparagraph></paragraph></subsection></section><section id="H80F666B2F6034DDCB269D3A2EF535DD3"><enum>311.</enum><header>GAO study with respect
to venture capital operating company, hedge fund, and private equity firm
involvement</header><text display-inline="no-display-inline">Not later than 2
years after the date of enactment of this Act, and every 2 years thereafter,
the Comptroller General of the United States shall—</text>
<paragraph id="H711B4539849B45C2876675B2AAAC4888"><enum>(1)</enum><text display-inline="yes-display-inline">conduct a study of the impact of
requirements relating to venture capital operating company, hedge fund, and
private equity firm involvement under section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name>; and</text>
</paragraph><paragraph id="HE98F7F36F5894646BCA441D74986EF9A"><enum>(2)</enum><text>submit to Congress a
report regarding the study conducted under paragraph (1).</text>
</paragraph></section><section id="H7DA50447777E4A21A161BF8D6E464271"><enum>312.</enum><header>Reducing vulnerability
of SBIR and STTR programs to fraud, waste, and abuse</header>
<subsection id="H68426D93E83246DBB6B9D57AED26DF0C"><enum>(a)</enum><header>Fraud, Waste, and Abuse
Prevention</header>
<paragraph id="H361B791F477544C88AA4C5E83EA8E686"><enum>(1)</enum><header>Amendments required for
fraud, waste, and abuse prevention</header><text>Not later than 90 days after
the date of enactment of this Act, the Administrator shall amend the SBIR
Policy Directive and the STTR Policy Directive to include measures to prevent
fraud, waste, and abuse in the SBIR program and the STTR program.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="HB3CEB73C91214D538496EC30ADD4DA76"><enum>(2)</enum><header display-inline="yes-display-inline">Content of amendments</header><text display-inline="yes-display-inline">The amendments required under paragraph (1)
shall include—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="H4E89ED2A22D1435D92CA7800240EA0F9"><enum>(A)</enum><text display-inline="yes-display-inline">definitions or descriptions of fraud,
waste, and abuse;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HFC01A2211F0A479398A6CE1F75CCBB63"><enum>(B)</enum><text display-inline="yes-display-inline">guidelines for the monitoring and oversight
of applicants to and recipients of awards under the SBIR program or the STTR
program;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HEF9D5B3F87C54AFBA0C7251F72E58909"><enum>(C)</enum><text display-inline="yes-display-inline">a requirement that each Federal agency that
participates in the SBIR program or STTR program include information concerning
the method established by the Inspector General of the Federal agency to report
fraud, waste, and abuse (including any telephone hotline or Web-based
platform)—</text>
<clause commented="no" display-inline="no-display-inline" id="H5205AAE8567C45668BAEC0A4F63C2E3B"><enum>(i)</enum><text display-inline="yes-display-inline">on the website of the Federal agency;
and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="HD9EDBC5B2DC34A44BE83B74EF1FA2F3C"><enum>(ii)</enum><text display-inline="yes-display-inline">in any solicitation or notice of funding
opportunity issued by the Federal agency for the SBIR program or the STTR
program; and</text>
</clause></subparagraph><subparagraph id="H562AA538A66944BFB30F5E056AAF4E8B"><enum>(D)</enum><text>a requirement that each
applicant for and small business concern that receives funding under the SBIR
program or the STTR program shall certify whether the applicant or small
business concern is in compliance with the laws relating to the SBIR program
and the STTR program and the conduct guidelines established under the SBIR
Policy Directive and the STTR Policy Directive.</text>
</subparagraph></paragraph><paragraph id="H0505E3D4C0D54EEEA07E86A40DBE2C40"><enum>(3)</enum><header>Consultation</header><text>The
Administrator shall develop the certification required under paragraph (2)(D)
in cooperation with the Council of Inspectors General on Integrity and
Efficiency and the Office of Advocacy of the Administration.</text>
</paragraph><paragraph id="HA80B3E1DB4224B809F3D7AD1895BD28F"><enum>(4)</enum><header>Inspectors
General</header><text display-inline="yes-display-inline">The Inspector General
of each Federal agency that participates in the SBIR program or STTR program
shall cooperate to prevent fraud, waste, and abuse in the SBIR program and the
STTR program by—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="HFD38111CDFDC4A30A908D4E2FE1A3E23"><enum>(A)</enum><text display-inline="yes-display-inline">establishing fraud detection
indicators;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H206DFB3A3D0A41CF9F954F68522292A4"><enum>(B)</enum><text display-inline="yes-display-inline">reviewing regulations and operating
procedures of the Federal agency;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H72A97ED1F3AE4FAA8251AD65D863D887"><enum>(C)</enum><text display-inline="yes-display-inline">coordinating information sharing between
Federal agencies, to the extent otherwise permitted under Federal law;
and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H2B404F173FFB4D13A2CD3B3451A7DC74"><enum>(D)</enum><text display-inline="yes-display-inline">improving the education and training of,
and outreach to—</text>
<clause commented="no" display-inline="no-display-inline" id="HD0841B1701A946CFA583827285A53326"><enum>(i)</enum><text display-inline="yes-display-inline">administrators of the SBIR program and the
STTR program of the Federal agency;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="H7ECD4275881B461F8BA2B3288D4B740E"><enum>(ii)</enum><text display-inline="yes-display-inline">applicants to the SBIR program or the STTR
program; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="H080726A2358F421D933D42D8ACACCD6D"><enum>(iii)</enum><text display-inline="yes-display-inline">recipients of awards under the SBIR program
or the STTR program.</text>
</clause></subparagraph></paragraph></subsection><subsection id="HBFA8A8D2810C47FA9FFA14E8E5EC94D2"><enum>(b)</enum><header>Study and
Report</header><text display-inline="yes-display-inline">Not later than 1 year
after the date of enactment of this Act to establish a baseline of changes made
to the program to fight fraud, waste, and abuse, and every 3 years thereafter
to evaluate the effectiveness of the agency strategies, the Comptroller General
of the United States shall—</text>
<paragraph id="H17BCC3F489E44F6CBA599C5241A488AA"><enum>(1)</enum><text>conduct a study that
evaluates—</text>
<subparagraph id="HC19CCB5300E3409AA2972C3B44091390"><enum>(A)</enum><text>the implementation by
each Federal agency that participates in the SBIR program or the STTR program
of the amendments to the SBIR Policy Directive and the STTR Policy Directive
made pursuant to subsection (a);</text>
</subparagraph><subparagraph id="H894FB6D90A374B6BA48ACC88BEECECEF"><enum>(B)</enum><text>the effectiveness of the
management information system of each Federal agency that participates in the
SBIR program or STTR program in identifying duplicative SBIR and STTR
projects;</text>
</subparagraph><subparagraph id="HAD01D2B438054221B20BDA10DF601149"><enum>(C)</enum><text>the effectiveness of the
risk management strategies of each Federal agency that participates in the SBIR
program or STTR program in identifying areas of the SBIR program or the STTR
program that are at high risk for fraud;</text>
</subparagraph><subparagraph id="H0F2C769CE6AB4EEB922EF86DA4EB98F6"><enum>(D)</enum><text>technological tools that
may be used to detect patterns of behavior that may indicate fraud by
applicants to the SBIR program or the STTR program;</text>
</subparagraph><subparagraph id="HFCCA8ECB5F894F68820876F84CD160C2"><enum>(E)</enum><text>the success of each
Federal agency that participates in the SBIR program or STTR program in
reducing fraud, waste, and abuse in the SBIR program or the STTR program of the
Federal agency; and</text>
</subparagraph><subparagraph id="H3DC8D543D22C4FC19FE50C3B5E5767C6"><enum>(F)</enum><text>the extent to which the
Inspector General of each Federal agency that participates in the SBIR and STTR
program effectively conducts investigations, audits, inspections, and outreach
relating to the SBIR and STTR programs of the Federal agency; and</text>
</subparagraph></paragraph><paragraph id="HC51999DAEF7E4A818EA358D53CD81B3D"><enum>(2)</enum><text>submit to the Committee
on Small Business and Entrepreneurship of the Senate, the Committee on Small
Business and the Committee on Science, Space, and Technology of the House of
Representatives, and the head of each Federal agency that participates in the
SBIR program or STTR program a report on the results of the study conducted
under subparagraph (A).</text>
</paragraph></subsection></section><section id="H4B13BB62689A43F4A9F3A3DE3D7E6D38"><enum>313.</enum><header>Simplified paperwork
requirements</header><text display-inline="no-display-inline">Section 9(v) of
the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(v)) is amended—</text>
<paragraph id="H19A2C87ADB694724A662668D6156CA79"><enum>(1)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Simplified
Reporting Requirements</header-in-text></quote> and inserting
<quote><header-in-text level="subsection">Reducing Paperwork and Compliance
Burden</header-in-text></quote>;</text>
</paragraph><paragraph id="H536ABD30E31A476A976063ED6DEF03F2"><enum>(2)</enum><text>by striking <quote>The
Administrator</quote> and inserting the following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HCEB8514F01F046B5995A9B17F4D9C9F1" reported-display-style="italic" style="OLC">
<paragraph id="HB0ED4C4927E54134936986F2097DA4EE"><enum>(1)</enum><header>Standardization of
reporting requirements</header><text>The
Administrator</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="H839BD0419019424CA7DB6816D0285163"><enum>(3)</enum><text>by adding at the end the
following:</text>
<quoted-block changed="added" committee-id="HSY00" id="HB8C338C449C140B8837AA589017F57F2" reported-display-style="italic" style="OLC">
<paragraph id="HD44501B14EAC447891E7F94E651B762A"><enum>(2)</enum><header>Simplification of
application and award process</header><text>Not later than one year after the
date of enactment of this paragraph, and after a period of public comment, the
Administrator shall issue regulations or guidelines, taking into consideration
the unique needs of each Federal agency, to ensure that each Federal agency
required to carry out an SBIR program or STTR program simplifies and
standardizes the program proposal, selection, contracting, compliance, and
audit procedures for the SBIR program or STTR program of the Federal agency
(including procedures relating to overhead rates for applicants and
documentation requirements) to reduce the paperwork and regulatory compliance
burden on small business concerns applying to and participating in the SBIR
program or STTR
program.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section commented="no" display-inline="no-display-inline" id="H5B482F6DF0614DAF87AC7126F1FEF2F9"><enum>314.</enum><header display-inline="yes-display-inline">Reducing fraud, waste, and
abuse</header><text display-inline="no-display-inline">Not later than 4 years
after the date of enactment of this Act, and every 4 years thereafter, the
Comptroller General of the United States shall—</text>
<paragraph commented="no" display-inline="no-display-inline" id="H4003A6F974404749BD17BF37B61CD9E3"><enum>(1)</enum><text display-inline="yes-display-inline">conduct a study of the effectiveness of the
government and public databases described in section 9(k) of the Small Business
Act (15 U.S.C. 638(k)) in reducing vulnerabilities of the SBIR program and the
STTR program to fraud, waste, and abuse, particularly with respect to Federal
agencies funding duplicative proposals and business concerns falsifying
information in proposals;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H9AB17A51408B4E5ABF2402D1E206AA23"><enum>(2)</enum><text display-inline="yes-display-inline">make recommendations with respect to the
issues described in paragraph (1); and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H71F3C710BF844F1095B4F19A00A7AE00"><enum>(3)</enum><text display-inline="yes-display-inline">submit to the head of each agency described
in section 108(a) of the Small Business Reauthorization Act of 2000 (15 U.S.C.
638 note), the Committee on Small Business and Entrepreneurship of the Senate,
and the Committee on Small Business and the Committee on Science, Space, and
Technology of the House of Representatives a report regarding the study
conducted under paragraph (1) and containing the recommendations described in
paragraph (2).</text>
</paragraph></section><enum>IV</enum><header>POLICY
DIRECTIVES</header>
<section id="H111577773EB944429AECAECD672908EB"><enum>401.</enum><header>Conforming amendments
to the SBIR and the STTR Policy Directives</header>
<subsection id="HF2EA91E865A54860BE164F0646D21C59"><enum>(a)</enum><header>In
General</header><text>Not later than 180 days after the date of enactment of
this Act, the Administrator shall promulgate amendments to the SBIR Policy
Directive and the STTR Policy Directive to conform such directives to this Act
and the amendments made by this Act.</text>
</subsection><subsection id="HBBE62700A830456CBA2C773806D05654"><enum>(b)</enum><header>Publishing SBIR Policy
Directive and the STTR Policy Directive in the Federal
Register</header><text>Not later than 180 days after the date of enactment of
this Act, the Administrator shall publish the amended SBIR Policy Directive and
the amended STTR Policy Directive in the Federal Register.</text>
</subsection></section><enum>V</enum><header>OTHER PROVISIONS</header>
<section id="H05143B102A9D411F93A74D59253F57D5"><enum>501.</enum><header>Report on SBIR and
STTR program goals</header><text display-inline="no-display-inline">Section 9
of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638), as amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="H8D63B4F3BD874EF9946223D9899DF685" reported-display-style="italic" style="OLC">
<subsection id="H6EFC0644C7454E2EAF103B6DC68C238E"><enum>(oo)</enum><header>Annual Report on SBIR
and STTR Program Goals</header>
<paragraph id="H893C3F644C9848B18FEAF374C1F274A2"><enum>(1)</enum><header>Development of
metrics</header><text>The head of each Federal agency required to participate
in the SBIR program or the STTR program shall develop metrics to evaluate the
effectiveness, and the benefit to the people of the United States, of the SBIR
program and the STTR program of the Federal agency that—</text>
<subparagraph id="H58F752244A6742069E759306C3A1C92D"><enum>(A)</enum><text>are science-based and
statistically driven;</text>
</subparagraph><subparagraph id="HA3837DE4D13A4293AE423C9AF3EA3A26"><enum>(B)</enum><text>reflect the mission of
the Federal agency; and</text>
</subparagraph><subparagraph id="H55CF5E6FD0464F588153E2681FAA9584"><enum>(C)</enum><text>include factors relating
to the economic impact of the programs.</text>
</subparagraph></paragraph><paragraph id="HF198474391F7474EB701F9BBEB001047"><enum>(2)</enum><header>Evaluation</header><text>The
head of each Federal agency described in paragraph (1) shall conduct an annual
evaluation using the metrics developed under paragraph (1) of—</text>
<subparagraph id="HF22D204420C149A896AAA0ED76D7D2B3"><enum>(A)</enum><text>the SBIR program and the
STTR program of the Federal agency; and</text>
</subparagraph><subparagraph id="HADFD2ABE318C461C870397CBD6394518"><enum>(B)</enum><text>the benefits to the
people of the United States of the SBIR program and the STTR program of the
Federal agency.</text>
</subparagraph></paragraph><paragraph id="H362535773C7646F996FBDE098E3C6937"><enum>(3)</enum><header>Report</header>
<subparagraph id="HC77B2F6E4BF04D00884B597EDFA10C64"><enum>(A)</enum><header>In
general</header><text>The head of each Federal agency described in paragraph
(1) shall submit to the appropriate committees of Congress and the
Administrator an annual report describing in detail the results of an
evaluation conducted under paragraph (2).</text>
</subparagraph><subparagraph id="HF346F02F3A8F4994BB667DD37D93B4A2"><enum>(B)</enum><header>Public availability of
report</header><text>The head of each Federal agency described in paragraph (1)
shall make each report submitted under subparagraph (A) available to the public
online.</text>
</subparagraph><subparagraph id="H0363C1AF90204B979390399F94F86582"><enum>(C)</enum><header>Definition</header><text>In
this paragraph, the term <term>appropriate committees of Congress</term>
means—</text>
<clause id="H55917D74777F46E09C992CD3C20FFC90"><enum>(i)</enum><text>the Committee on Small
Business and Entrepreneurship of the Senate; and</text>
</clause><clause id="H79DF7275E11A4F8E980A1D5C55DBC995"><enum>(ii)</enum><text>the Committee on Small
Business and the Committee on Science, Space, and Technology of the House of
Representatives.</text>
</clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H9490D53D970F47A889E66BAC3E680EEB"><enum>502.</enum><header>Competitive selection
procedures for SBIR and STTR programs</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSY00" id="HE6FACD64C45D4B9196BAA067BD085C9D" reported-display-style="italic" style="OLC">
<subsection id="H74B25B8EFAFA4B5F8A861ADA1F9C0A2F"><enum>(pp)</enum><header>Competitive Selection
Procedures for SBIR and STTR Programs</header><text>All funds awarded,
appropriated, or otherwise made available in accordance with subsection (f) or
(n) must be awarded pursuant to competitive and merit-based selection
procedures.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HF8CFDCDB30724536BD068329C3602BF7"><enum>503.</enum><header>Loan
restrictions</header>
<subsection id="HA204D074704C4964BFE77518BC51FD17"><enum>(a)</enum><header>Rule
required</header><text display-inline="yes-display-inline">For purposes of
section 9 of the Small Business Act (15 U.S.C. 638), the Administrator shall
promulgate a rule not later than 180 days after the date of enactment of this
Act that determines what restrictions, conditions, or covenants contained in a
note, bond, debenture, other evidence of indebtedness, or preferred stock
constitute affiliation for purposes of section 121.103(a) of title 13, Code of
Federal Regulations, as in effect on January 1, 2011.</text>
</subsection><subsection id="H0872EFCEE9FF45C589B999A6222DDC25"><enum>(b)</enum><header>Failure to
promulgate</header><text>If the Administrator fails to promulgate a rule in the
time period required under subsection (a), the holder of a note, bond,
debenture, other evidence of indebtedness, or preferred stock shall be
considered to be affiliated with the debtor or issuer of the preferred stock
until such time as the Administrator promulgates the rule required under
subsection (a).</text>
</subsection></section><section id="H1A3994553BD14C00A52770D7BC20B3B7"><enum>504.</enum><header>Program
diversification</header><text display-inline="no-display-inline">Federal
agencies shall encourage applications under the SBIR and STTR programs (to the
extent that the projects relate to the mission of the Federal agency)
from—</text>
<paragraph id="H6D90B6FD457A4A578D6668318FB59CEA"><enum>(1)</enum><text>small business concerns
in geographic areas underrepresented in the SBIR and STTR programs or located
in rural areas (as defined in section 1393(a)(2) of the Internal Revenue Code
of 1986);</text>
</paragraph><paragraph id="H13779CA6164944F39402F26227A8B24A"><enum>(2)</enum><text>small business concerns
owned and controlled by women;</text>
</paragraph><paragraph id="H69DF70089D884A21BD7C4A406126A7C4"><enum>(3)</enum><text>small business concerns
owned and controlled by veterans;</text>
</paragraph><paragraph id="H6AD656113B864BA5BE619337EA7C7690"><enum>(4)</enum><text>small business concerns
owned and controlled by minorities;</text>
</paragraph><paragraph id="HE031CDA05654460FA19FA10C736D8B23"><enum>(5)</enum><text display-inline="yes-display-inline">small business concerns owned and
controlled by people with disabilities; and</text>
</paragraph><paragraph id="H9018BD8C86824A12A2DE7354218D60E7"><enum>(6)</enum><text>small business concerns
located in a geographic area with an unemployment rate that exceeds the
national unemployment rate, based on the most recently available monthly
publications of the Bureau of Labor Statistics of the Department of
Labor.</text>
</paragraph></section>
1.This Act may be cited as the
Creating Jobs Through Small Business
Innovation Act of 2011
.
2.The table of contents
for this Act is as follows:
Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. Definitions.
Title I—REAUTHORIZATION OF THE SBIR AND
STTR PROGRAMS
Sec. 101. Extension of termination
dates.
Sec. 102. SBIR and STTR award
levels.
Sec. 103. Agency and program
flexibility.
Sec. 104. Elimination of Phase II
invitations.
Sec. 105. Phase
flexibility.
Sec. 106. Participation by firms with
substantial investment from multiple venture capital operating companies, hedge
funds, or private equity firms in a portion of the SBIR program.
Sec. 107. Ensuring that innovative
small businesses with substantial investment from venture capital operating
companies, hedge funds, or private equity firms are able to participate in the
SBIR and STTR programs.
Sec. 108. SBIR and STTR special
acquisition preference.
Sec. 109. Collaborating with Federal
laboratories and research and development centers.
Sec. 110. Notice
requirement.
Sec. 111. Additional SBIR and STTR
Awards.
Title II—OUTREACH AND COMMERCIALIZATION
INITIATIVES
Sec. 201. Technical assistance for
awardees.
Sec. 202. Commercialization Readiness
Program at Department of Defense.
Sec. 203. Commercialization Readiness
Pilot Program for civilian agencies.
Sec. 204. Interagency Policy
Committee.
Sec. 205. Clarifying the definition of
Phase III
.
Sec. 206. Shortened period for final
decisions on proposals and applications.
Sec. 207. Phase 0 Proof of Concept
Partnership pilot program.
Title III—OVERSIGHT AND
EVALUATION
Sec. 301. Streamlining annual
evaluation requirements.
Sec. 302. Data collection from agencies
for SBIR.
Sec. 303. Data collection from agencies
for STTR.
Sec. 304. Public database.
Sec. 305. Government
database.
Sec. 306. Accuracy in funding base
calculations.
Sec. 307. Continued evaluation by the
National Academy of Sciences.
Sec. 308. Technology insertion
reporting requirements.
Sec. 309. Obtaining consent from SBIR
and STTR applicants to release contact information to economic development
organizations.
Sec. 310. Pilot to allow funding for
administrative, oversight, and contract processing costs.
Sec. 311. GAO study with respect to
venture capital operating company, hedge fund, and private equity firm
involvement.
Sec. 312. Reducing vulnerability of
SBIR and STTR programs to fraud, waste, and abuse.
Sec. 313. Simplified paperwork
requirements.
Sec. 314. Reducing fraud, waste, and
abuse.
Title IV—POLICY DIRECTIVES
Sec. 401. Conforming amendments to the
SBIR and the STTR Policy Directives.
Title V—OTHER PROVISIONS
Sec. 501. Report on SBIR and STTR
program goals.
Sec. 502. Competitive selection
procedures for SBIR and STTR programs.
Sec. 503. Loan
restrictions.
Sec. 504. Limitation on pilot
programs.
Sec. 505. Ensuring equity in SBIR and
STTR awards to individual companies.
Sec. 506. Inspector General
reports.
Sec. 507. Timing.
Sec. 508. Publication of certain
information.
Sec. 509. Preference for clean coal
technology research.
Sec. 510. Report on enhancement of
manufacturing activities.
Sec. 511. Express authority to
fast-track
Phase II awards for promising Phase I
research.
Sec. 512. Increased partnerships
between SBIR awardees and prime contractors, venture capital investment
companies, and larger businesses.
Sec. 513. Preference for acid mine
drainage research.
Sec. 514. Preference for hydraulic
fracturing research.
3.In this Act—
(1)the terms
Administration and Administrator mean the Small
Business Administration and the Administrator thereof, respectively;
(2)the terms
extramural budget, Federal agency, Small
Business Innovation Research Program, SBIR, Small
Business Technology Transfer Program, and STTR have the
meanings given such terms in section 9 of the Small Business Act (15 U.S.C. 638); and
(3)the term
small business concern has the meaning given that term under
section 3 of the Small Business Act
(15 U.S.C. 632).
<enum>I</enum><header>REAUTHORIZATION
OF THE SBIR AND STTR PROGRAMS</header>
<section id="HDF8BF8857DB84433B91F6C9D23982516"><enum>101.</enum><header>Extension of
termination dates</header>
<subsection id="HE55767E5B7884354B68166DB23BDD2CE"><enum>(a)</enum><header>SBIR</header><text>Section
9(m) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15
U.S.C. 638(m)) is amended—</text>
<paragraph id="HAF1EEBCA665C4F428165EFA63AD0690F"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subsection">Termination</header-in-text>.—</quote> and all that follows
through <quote>the authorization</quote> and inserting <quote><header-in-text level="subsection">Termination</header-in-text>.—The
authorization</quote>;</text>
</paragraph><paragraph id="HC322C65557FD44C2B494F4FA13750094"><enum>(2)</enum><text>by striking
<quote>2008</quote> and inserting <quote>2014</quote>; and</text>
</paragraph><paragraph id="H424137C576CF4EF79F6E3CC061409F88"><enum>(3)</enum><text>by striking
paragraph (2).</text>
</paragraph></subsection><subsection id="HBF2290F928C14A078924FAE19F9F67A1"><enum>(b)</enum><header>STTR</header><text>Section
9(n)(1)(A) of the <act-name parsable-cite="SBA">Small Business Act</act-name>
(15 U.S.C. 638(n)(1)(A)) is amended—</text>
<paragraph id="HF9BE20087482415CBAE73566E95D3072"><enum>(1)</enum><text>by striking
<quote><header-in-text level="subparagraph">In
general</header-in-text>.—</quote> and all that follows through <quote>with
respect</quote> and inserting <quote><header-in-text level="subparagraph">In
general</header-in-text>.—With respect</quote>;</text>
</paragraph><paragraph id="H5B0A3309A7F946E982A7C25A8EE57964"><enum>(2)</enum><text>by striking
<quote>2009</quote> and inserting <quote>2014</quote>; and</text>
</paragraph><paragraph id="H4B96264A649C461BB4C00E52DB39D690"><enum>(3)</enum><text>by striking
clause (ii).</text>
</paragraph></subsection></section><section id="HA0BC0CF8A80C45D6B5B23B0BD9364731"><enum>102.</enum><header>SBIR and STTR
award levels</header>
<subsection id="HF7D3B8C013C94E71A2387875F2F2D775"><enum>(a)</enum><header>SBIR
Adjustments</header><text>Section 9(j)(2)(D) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(j)(2)(D)) is amended—</text>
<paragraph id="H6DDD2342E08B4D6BB73DD4C485F8E244"><enum>(1)</enum><text>by striking
<quote>$100,000</quote> and inserting <quote>$150,000</quote>; and</text>
</paragraph><paragraph id="HCC3668269C374528AC37808B134A8470"><enum>(2)</enum><text>by striking
<quote>$750,000</quote> and inserting <quote>$1,000,000</quote>.</text>
</paragraph></subsection><subsection id="H47C8D9A2000445EB820D02D988D1EADA"><enum>(b)</enum><header>STTR
Adjustments</header><text>Section 9(p)(2)(B)(ix) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(p)(2)(B)(ix)) is amended—</text>
<paragraph id="H141B81906F2643F2949B0B84D2118F8E"><enum>(1)</enum><text>by striking
<quote>$100,000</quote> and inserting <quote>$150,000</quote>; and</text>
</paragraph><paragraph id="HD38C9A7288394968ACA69E25B4C48D52"><enum>(2)</enum><text>by striking
<quote>$750,000</quote> and inserting <quote>$1,000,000</quote>.</text>
</paragraph></subsection><subsection id="H9DA03BFC3340466BB88FEAE13C8C0578"><enum>(c)</enum><header>Annual
Adjustments</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638) is amended—</text>
<paragraph id="H0D1DF66D70D7472EA3A306BE0DCE5F6D"><enum>(1)</enum><text>in subsection
(j)(2)(D), by striking <quote>once every 5 years to reflect economic
adjustments and programmatic considerations</quote> and inserting <quote>every
year for inflation</quote>; and</text>
</paragraph><paragraph id="HE7F24757074546CC9786B7B6D4C96844"><enum>(2)</enum><text>in subsection
(p)(2)(B)(ix), as amended by subsection (b) of this section, by inserting
<quote>(each of which the Administrator shall adjust for inflation
annually)</quote> after <quote>$1,000,000,</quote>.</text>
</paragraph></subsection><subsection id="HEEDD4372940E4F9C963454FC8B057294"><enum>(d)</enum><header>Limitation on
Size of Awards</header><text>Section 9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as amended
by this Act, is further amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H049D2BFEAD744C0495E2BB04AF4523F4" reported-display-style="boldface-roman" style="OLC">
<subsection id="HAC2ABA7FE9A54EDFB9D9C2EAAAC0F68C"><enum>(aa)</enum><header>Limitation on
Size of Awards</header>
<paragraph id="H41E83F26ECDD4FAABDAA82415286B11C"><enum>(1)</enum><header>Limitation</header><text>No
Federal agency may issue an award under the SBIR program or the STTR program if
the size of the award exceeds the award guidelines established under this
section by more than 50 percent.</text>
</paragraph><paragraph id="HC7574950F8BA4D63908869FCF73B7E62"><enum>(2)</enum><header>Maintenance of
information</header><text>Participating agencies shall maintain information on
awards exceeding the guidelines established under this section,
including—</text>
<subparagraph id="H562B991EDFDF490DAE5B8D61B7D27C2D"><enum>(A)</enum><text>the amount of
each award;</text>
</subparagraph><subparagraph id="HE707118EBE084380B0A8701BFE2C2F43"><enum>(B)</enum><text>a justification
for exceeding the award amount;</text>
</subparagraph><subparagraph id="HD6E7CEEA0C3A40F080B6923D34335E76"><enum>(C)</enum><text>the identity and
location of each award recipient; and</text>
</subparagraph><subparagraph id="H73737B08A2364D1DA727662A75AD08F1"><enum>(D)</enum><text>whether an award
recipient has received any venture capital, hedge fund, or private equity firm
investment and, if so, whether the recipient is majority-owned by multiple
venture capital operating companies, hedge funds, or private equity
firms.</text>
</subparagraph></paragraph><paragraph id="H1F65B066A4D24E2BB29E55831BB753FE"><enum>(3)</enum><header>Reports</header><text>The
Administrator shall include the information described in paragraph (2) in the
annual report of the Administrator to Congress.</text>
</paragraph><paragraph id="H6BBC7CAFE5854F2687C6B63754718755"><enum>(4)</enum><header>Rule of
construction</header><text>Nothing in this subsection shall be construed to
prevent a Federal agency from supplementing an award under the SBIR program or
the STTR program using funds of the Federal agency that are not part of the
SBIR program or the STTR program of the Federal
agency.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HD66CE9C8084D41A7B4BEED56E27D8C26"><enum>103.</enum><header>Agency and
program flexibility</header><text display-inline="no-display-inline">Section 9
of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638), as amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HBE052CC1554B4DB983B888ADB8CE0C9E" reported-display-style="boldface-roman" style="OLC">
<subsection id="HD082A7EBCC524F31A5881A47CDCD44C4"><enum>(bb)</enum><header>Subsequent
Phase II Awards</header>
<paragraph id="H5525C91568D74449911100298120EB1C"><enum>(1)</enum><header>Agency
flexibility</header><text>A small business concern that received a Phase I
award from a Federal agency under this section shall be eligible to receive a
subsequent Phase II award from another Federal agency, if the head of each
relevant Federal agency or the relevant component of the Federal agency makes a
written determination that the topics of the relevant awards are the same and
both agencies report the awards to the Administrator for inclusion in the
public database under subsection (k).</text>
</paragraph><paragraph id="HD547A6628434431D87BF59B4E5312701"><enum>(2)</enum><header>SBIR and sttr
program flexibility</header><text>A small business concern that received a
Phase I award under this section under the SBIR program or the STTR program may
receive a subsequent Phase II award in either the SBIR program or the STTR
program and the participating agency or agencies shall report the awards to the
Administrator for inclusion in the public database under subsection
(k).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H8484141D70D844F691C50C011502CECE"><enum>104.</enum><header>Elimination of
Phase II invitations</header><text display-inline="no-display-inline">Section
9(e) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15
U.S.C. 638(e)) is amended—</text>
<paragraph id="HBBEB59C6260B445B8D7D31D6B0CD6E33"><enum>(1)</enum><text>in paragraph
(4)(B), by striking <quote>to further</quote> and inserting <quote>which shall
not include any invitation, pre-screening, pre-selection, or down-selection
process for eligibility for Phase II, that will further</quote>; and</text>
</paragraph><paragraph id="H3E6939761CE74CAE82BD4891C1961C67"><enum>(2)</enum><text>in paragraph
(6)(B), by striking <quote>to further develop proposed ideas to</quote> and
inserting <quote>which shall not include any invitation, pre-screening,
pre-selection, or down-selection process for eligibility for Phase II, that
will further develop proposals that</quote>.</text>
</paragraph></section><section id="H7837641A49F84680BB79329E098CFBD2"><enum>105.</enum><header>Phase
flexibility</header><text display-inline="no-display-inline">Section 9 of the
Small Business Act (15 U.S.C. 638), as amended by this Act, is further amended
by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H37D1B91592114C4CBFB86D3363ECD6C8" reported-display-style="boldface-roman" style="OLC">
<subsection id="H42710CFCF2314315ACDD10DEC42F3E8D"><enum>(cc)</enum><header>Phase I
required</header><text display-inline="yes-display-inline">Under this section,
a Federal agency shall provide to a small business concern an award under Phase
II of an SBIR program with respect to a project only if such agency finds that
the small business concern has been provided an award under Phase I of an SBIR
program with respect to such project or has completed the determinations
described in subsection (e)(4)(A) with respect to such project despite not
having been provided a Phase I
award.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HE0CDF353FA354CFD9E2BF66A4C758474"><enum>106.</enum><header>Participation
by firms with substantial investment from multiple venture capital operating
companies, hedge funds, or private equity firms in a portion of the SBIR
program</header>
<subsection id="H81005786ABC94644BBCA0124AADE6C0B"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HF5575346260442DC976B3FFE6273D293" reported-display-style="boldface-roman" style="OLC">
<subsection id="H6B1A61B7F796411DA930F5D912FE77B0"><enum>(dd)</enum><header>Participation
of Small Business Concerns Majority-Owned by Venture Capital Operating
Companies, hedge funds, or private equity firms in the SBIR Program</header>
<paragraph id="HB2EA0B16FAD24A1B995D4750796C15A5"><enum>(1)</enum><header>Authority</header><text>Upon
a written determination described in paragraph (2) provided to the
Administrator, the Committee on Small Business and Entrepreneurship of the
Senate, and the Committee on Small Business and the Committee on Science,
Space, and Technology of the House of Representatives not later than 30 days
before the date on which an award is made—</text>
<subparagraph id="H9EBAADEC933D4582849099D79D0676A2"><enum>(A)</enum><text display-inline="yes-display-inline">the Director of the National Institutes of
Health, the Secretary of Energy, the Administrator of the National Aeronautics
and Space Administration, and the Director of the National Science Foundation
may award not more than 45 percent of the funds allocated for the SBIR program
of the Federal agency to small business concerns that are owned in majority
part by multiple venture capital operating companies, hedge funds, or private
equity firms through competitive, merit-based procedures that are open to all
eligible small business concerns; and</text>
</subparagraph><subparagraph id="H6BEBD1E0F30243F69757BB79D5DD027A"><enum>(B)</enum><text display-inline="yes-display-inline">the head of a Federal agency other than a
Federal agency described in subparagraph (A) that participates in the SBIR
program may award not more than 35 percent of the funds allocated for the SBIR
program of the Federal agency to small business concerns that are owned in
majority part by multiple venture capital operating companies, hedge funds, or
private equity firms through competitive, merit-based procedures that are open
to all eligible small business concerns.</text>
</subparagraph></paragraph><paragraph id="H1CFC05F0AD3940AA85B662AC7FBDA9C6"><enum>(2)</enum><header>Determination</header><text>A
written determination described in this paragraph is a written determination by
the head of a Federal agency that explains how the use of the authority under
paragraph (1) will—</text>
<subparagraph id="H96060320AD5143F0870E3289DA22931C"><enum>(A)</enum><text>induce additional
venture capital, hedge fund, or private equity firm funding of small business
innovations;</text>
</subparagraph><subparagraph id="H3A78B464B5D542E5898899F51AA4E81F"><enum>(B)</enum><text>substantially
contribute to the mission of the Federal agency;</text>
</subparagraph><subparagraph id="HA33717680D1E4752B9DC62378CF16AA3"><enum>(C)</enum><text>demonstrate a
need for public research; and</text>
</subparagraph><subparagraph id="H575E5476FE71483DA466A596C0D2D8B9"><enum>(D)</enum><text>otherwise fulfill
the capital needs of small business concerns for additional financing for the
SBIR project.</text>
</subparagraph></paragraph><paragraph id="H917AC662D97D439881B903EC23D91BDB"><enum>(3)</enum><header>Registration</header><text display-inline="yes-display-inline">A small business concern that is
majority-owned by multiple venture capital operating companies, hedge funds, or
private equity firms and qualified for participation in the program authorized
under paragraph (1) shall—</text>
<subparagraph id="H88808B9E09C94A7EAA4876962C980513"><enum>(A)</enum><text>register with the
Administrator on the date that the small business concern submits an
application for an award under the SBIR program; and</text>
</subparagraph><subparagraph id="HC00BABCA750C4CD7BF7198B3A284363E"><enum>(B)</enum><text display-inline="yes-display-inline">indicate in any SBIR proposal that the
small business concern is registered under subparagraph (A) as majority-owned
by multiple venture capital operating companies, hedge funds, or private equity
firms.</text>
</subparagraph></paragraph><paragraph id="H8E4D3A6A53CD4DC780C846B0499D2A83"><enum>(4)</enum><header>Compliance</header>
<subparagraph id="H428939D2BF924DAA85447DFC8195C809"><enum>(A)</enum><header>In
general</header><text>The head of a Federal agency that makes an award under
this subsection during a fiscal year shall collect and submit to the
Administrator data relating to the number and dollar amount of Phase I awards,
Phase II awards, and any other category of awards by the Federal agency under
the SBIR program during that fiscal year.</text>
</subparagraph><subparagraph id="H39567E0CE08448E4826F7C9E56FBA5A6"><enum>(B)</enum><header>Annual
reporting</header><text>The Administrator shall include as part of each annual
report by the Administration under subsection (b)(7) any data submitted under
subparagraph (A) and a discussion of the compliance of each Federal agency that
makes an award under this subsection during the fiscal year with the maximum
percentages under paragraph (1).</text>
</subparagraph></paragraph><paragraph id="H7A2B07488DF94E31A084CB814DF9ABC4"><enum>(5)</enum><header>Enforcement</header><text>If
a Federal agency awards more than the percent of the funds allocated for the
SBIR program of the Federal agency authorized under paragraph (1) for a purpose
described in paragraph (1), the head of the Federal agency shall transfer an
amount equal to the amount awarded in excess of the amount authorized under
paragraph (1) to the funds for general SBIR programs from the non-SBIR and
non-STTR research and development funds of the Federal agency not later than
180 days after the date on which the Federal agency made the award that caused
the total awarded under paragraph (1) to be more than the amount authorized
under paragraph (1) for a purpose described in paragraph (1).</text>
</paragraph><paragraph id="HDE22B6C8E7954B5B8EDEC14D6EB390ED"><enum>(6)</enum><header>Final decisions
on applications under the sbir program</header>
<subparagraph id="H8A7C44C5C86A4B82997C43B88E5DE160"><enum>(A)</enum><header>Definition</header><text>In
this paragraph, the term <term>covered small business concern</term> means a
small business concern that—</text>
<clause id="H3818D11D1546470FBEF45E2FFCFAD512"><enum>(i)</enum><text display-inline="yes-display-inline">was not majority-owned by multiple venture
capital operating companies, hedge funds, or private equity firms on the date
on which the small business concern submitted an application in response to a
solicitation under the SBIR programs; and</text>
</clause><clause id="H761C0844C655477E936E06AB9C8E4379"><enum>(ii)</enum><text display-inline="yes-display-inline">on the date of the award under the SBIR
program is majority-owned by multiple venture capital operating companies,
hedge funds, or private equity firms.</text>
</clause></subparagraph><subparagraph id="H37EC271A6A9E4663A0D341F1E28B6698"><enum>(B)</enum><header>In
general</header><text>If a Federal agency does not make an award under a
solicitation under the SBIR program before the date that is 9 months after the
date on which the period for submitting applications under the solicitation
ends—</text>
<clause id="H7AFBF5290DA2404492C197C4EAD633DC"><enum>(i)</enum><text display-inline="yes-display-inline">a covered small business concern is
eligible to receive the award, without regard to whether the covered small
business concern meets the requirements for receiving an award under the SBIR
program for a small business concern that is majority-owned by multiple venture
capital operating companies, hedge funds, or private equity firms, if the
covered small business concern meets all other requirements for such an award;
and</text>
</clause><clause id="HD8F43314CC3C4F39BF7A12CD69E38E54"><enum>(ii)</enum><text>the head of the
Federal agency shall transfer an amount equal to any amount awarded to a
covered small business concern under the solicitation to the funds for general
SBIR programs from the non-SBIR and non-STTR research and development funds of
the Federal agency, not later than 90 days after the date on which the Federal
agency makes the award.</text>
</clause></subparagraph></paragraph><paragraph id="H1943F61AB8CB4AA3946F0A7BEB11B042"><enum>(7)</enum><header>Evaluation
criteria</header><text>A Federal agency may not use investment of venture
capital or investment from hedge funds or private equity firms as a criterion
for the award of contracts under the SBIR program or STTR
program.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HEF02C46B59734630A505E8507822AE30"><enum>(b)</enum><header>Technical and
Conforming Amendment</header><text>Section 3 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 632) is
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HE4B3213E370B48BBB08C6EF9096F0E5C" reported-display-style="boldface-roman" style="OLC">
<subsection id="H3DD2FFF421164885836D6E6C25888481"><enum>(aa)</enum><header>Venture
Capital Operating Company</header><text>In this Act, the term <term>venture
capital operating company</term> means an entity described in clause (i), (v),
or (vi) of section 121.103(b)(5) of title 13, Code of Federal Regulations (or
any successor thereto).</text>
</subsection><subsection commented="no" id="HBC57040990A046FC9BEA9D7C9583A4E5"><enum>(bb)</enum><header>Hedge
fund</header><text display-inline="yes-display-inline">In this Act, the term
<term>hedge fund</term> has the meaning given that term in section 13(h)(2) of
the Bank Holding Company Act of 1956 (12 U.S.C. 1851(h)(2)).</text>
</subsection><subsection commented="no" id="H2C440E97DC404A7D921D6EB153090307"><enum>(cc)</enum><header>Private equity
firm</header><text display-inline="yes-display-inline">In this Act, the term
<term>private equity firm</term> has the meaning given the term <term>private
equity fund</term> in section 13(h)(2) of the Bank Holding Company Act of 1956
(12 U.S.C.
1851(h)(2)).</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H38EDAE20FDAC4335B04740736044989A"><enum>107.</enum><header>Ensuring that
innovative small businesses with substantial investment from venture capital
operating companies, hedge funds, or private equity firms are able to
participate in the SBIR and STTR programs</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="HC712B2D09FD445BD96CEB94153FCDE8D" reported-display-style="boldface-roman" style="OLC">
<subsection id="H786F590EDCDD48B9A69DCAA8C03FAE63"><enum>(ee)</enum><header>Venture
capital operating companies, hedge funds, and private equity
firms</header><text display-inline="yes-display-inline">Effective only for the
SBIR and STTR programs the following shall apply:</text>
<paragraph id="HD0EA9F115F784E53812238F70293D8F2"><enum>(1)</enum><text>A business
concern that has more than 500 employees shall not qualify as a small business
concern.</text>
</paragraph><paragraph id="H3A640898BAC14ECD802B61018F4DC2EF"><enum>(2)</enum><text display-inline="yes-display-inline">In determining whether a small business
concern is independently owned and operated under section 3(a)(1) or meets the
small business size standards instituted under section 3(a)(2), the
Administrator shall not consider a business concern to be affiliated with a
venture capital operating company, hedge fund, or private equity firm (or with
any other business that the venture capital operating company, hedge fund, or
private equity firm has financed) if—</text>
<subparagraph id="HBDA64825DAC84C81887F7ABF11ECC723"><enum>(A)</enum><text display-inline="yes-display-inline">the venture capital operating company,
hedge fund, or private equity firm does not own 50 percent or more of the
business concern; and</text>
</subparagraph><subparagraph id="H58F146BF63C24BEE9C48FA5C51AD3053"><enum>(B)</enum><text display-inline="yes-display-inline">employees of the venture capital operating
company, hedge fund, or private equity firm do not constitute a majority of the
board of directors of the business concern.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="H79188F017C4B4B4B9350DE1F810DC19B"><enum>(3)</enum><text>A business
concern shall be deemed to be <term>independently owned and operated</term>
if—</text>
<subparagraph id="HD29A8BE297DF42458DE3C6BE8C9D2543"><enum>(A)</enum><text display-inline="yes-display-inline">it is owned in majority part by one or more
natural persons or venture capital operating companies, hedge funds, or private
equity firms;</text>
</subparagraph><subparagraph id="H0E072529AB474D76B2A60A1CCC4A4394"><enum>(B)</enum><text display-inline="yes-display-inline">there is no single venture capital
operating company, hedge fund, or private equity firm that owns 50 percent or
more of the business concern; and</text>
</subparagraph><subparagraph id="HA32CBEC5DAEE4D57917A58113DF22D85"><enum>(C)</enum><text display-inline="yes-display-inline">there is no single venture capital
operating company, hedge fund, or private equity firm the employees of which
constitute a majority of the board of directors of the business concern.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HF7690DAF0F6346D79F3B58FB17BC6D43"><enum>(4)</enum><text display-inline="yes-display-inline">If a venture capital operating company,
hedge fund, or private equity firm controlled by a business with more than 500
employees (in this paragraph referred to as a <quote>VCOC, hedge fund, or
private equity firm under large business control</quote>) has an ownership
interest in a small business concern that is owned in majority part by venture
capital operating companies, hedge funds, or private equity firms, the small
business concern is eligible to receive an award under the SBIR or STTR program
only if—</text>
<subparagraph id="H4E23476B3AD746DD8AC9DC758C57A895"><enum>(A)</enum><text display-inline="yes-display-inline">not more than two VCOCs, hedge funds, or
private equity firms under large business control have an ownership interest in
the small business concern; and</text>
</subparagraph><subparagraph id="H37662416AF2A4DD0B8B28028AAEC33F0"><enum>(B)</enum><text display-inline="yes-display-inline">the VCOCs, hedge funds, or private equity
firms under large business control do not collectively own more than 20 percent
of the small business
concern.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H7B0FB35F61A647A8B601F1AB1E6B73A8"><enum>108.</enum><header>SBIR and STTR
special acquisition preference</header><text display-inline="no-display-inline">Section 9(r) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(r))
is amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HAE35AF89854F40839CBC178D7B25E90C" reported-display-style="boldface-roman" style="OLC">
<paragraph id="HDFFF9C6EBD3B4C9E9B0D42704A6627FE"><enum>(4)</enum><header>Phase iii
awards</header><text>To the greatest extent practicable, Federal agencies and
Federal prime contractors shall issue Phase III awards relating to technology,
including sole source awards, to the SBIR and STTR award recipients that
developed the
technology.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HD00D4A9CCF394FB895E3C1E1FD2041E8"><enum>109.</enum><header>Collaborating
with Federal laboratories and research and development centers</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H485DD0DCD555432EB24F96B0C1FCD96F" reported-display-style="boldface-roman" style="OLC">
<subsection id="HAA1023A8C7604FEFB1F23ABDA577B658"><enum>(ff)</enum><header>Collaborating
With Federal Laboratories and Research and Development Centers</header>
<paragraph id="H356A4DB54B5B4ADC9992D3F01B27ECF6"><enum>(1)</enum><header>Authorization</header><text>Subject
to the limitations under this section, the head of each participating Federal
agency may make SBIR and STTR awards to any eligible small business concern
that—</text>
<subparagraph id="H3F051FF3A03D4194B82722D9D0F40ADD"><enum>(A)</enum><text>intends to enter
into an agreement with a Federal laboratory or federally funded research and
development center for portions of the activities to be performed under that
award; or</text>
</subparagraph><subparagraph id="H3DC49DE385C441168191DA9B5341F1AD"><enum>(B)</enum><text>has entered into
a cooperative research and development agreement (as defined in section 12(d)
of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3710a(d)))
with a Federal laboratory.</text>
</subparagraph></paragraph><paragraph id="HA5C1351212BE4B049B1B1FA3A28C0009"><enum>(2)</enum><header>Prohibition</header><text>No
Federal agency shall—</text>
<subparagraph id="HD17EF93EB35B422398A0A461F89D4B52"><enum>(A)</enum><text>condition an SBIR
or STTR award upon entering into agreement with any Federal laboratory or any
federally funded laboratory or research and development center for any portion
of the activities to be performed under that award;</text>
</subparagraph><subparagraph id="H74D9B8DACA4249678195B2E70AD5ACA8"><enum>(B)</enum><text>approve an
agreement between a small business concern receiving a SBIR or STTR award and a
Federal laboratory or federally funded laboratory or research and development
center, if the small business concern performs a lesser portion of the
activities to be performed under that award than required by this section and
by the SBIR Policy Directive and the STTR Policy Directive of the
Administrator; or</text>
</subparagraph><subparagraph id="H8452495BAB1D47A5AAE7F16E4D22BDEF"><enum>(C)</enum><text>approve an
agreement that violates any provision, including any data rights protections
provision, of this section or the SBIR and the STTR Policy Directives.</text>
</subparagraph></paragraph><paragraph id="HB1D4C96A0418484098DE001C0714A5F4"><enum>(3)</enum><header>Implementation</header><text>Not
later than 180 days after the date of enactment of this subsection, the
Administrator shall modify the SBIR Policy Directive and the STTR Policy
Directive issued under this section to ensure that small business
concerns—</text>
<subparagraph id="HA71AD90831E9407F834EDB67ED8C6991"><enum>(A)</enum><text>have the
flexibility to use the resources of the Federal laboratories and federally
funded research and development centers; and</text>
</subparagraph><subparagraph id="HBE0BF4DFF771485DA299683B4357239B"><enum>(B)</enum><text>are not mandated
to enter into agreement with any Federal laboratory or any federally funded
laboratory or research and development center as a condition of an
award.</text>
</subparagraph></paragraph><paragraph id="H12EC6BAEBABA4EECB7D8CC85B9280DB2"><enum>(4)</enum><header>Advance
payment</header><text display-inline="yes-display-inline">If a small business
concern receiving an award under this section enters into an agreement with a
Federal laboratory or federally funded research and development center for
portions of the activities to be performed under that award, the Federal
laboratory or federally funded research and development center may not require
advance payment from the small business concern in an amount greater than the
amount necessary to pay for 30 days of such
activities.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H3A2CA4B3BFCB40CC9C817A10364563AF"><enum>110.</enum><header>Notice
requirement</header>
<subsection id="H3F49F450B3B24162A78EEFC02DAE43EB"><enum>(a)</enum><header>SBIR
Program</header><text>Section 9(g) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(g)) is amended—</text>
<paragraph id="H311610541F264835BC5886D5166682AE"><enum>(1)</enum><text>in paragraph
(10), by striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="H82E855A58E22478F9493C66AE3E7EE1A"><enum>(2)</enum><text>in paragraph
(11), by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</paragraph><paragraph id="H969666B706F6495582223B00A604DD9C"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H740DFD49BA864C378303EA8DBDE7379D" reported-display-style="boldface-roman" style="OLC">
<paragraph id="HDB0A537A84BC4477BFBED7BEA13C8AAF"><enum>(12)</enum><text>provide timely
notice to the Administrator of any case or controversy before any Federal
judicial or administrative tribunal concerning the SBIR program of the Federal
agency.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H78A74A8983ED4FA0BAD4ACF1E25D2DD5"><enum>(b)</enum><header>STTR
Program</header><text>Section 9(o) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(o)) is amended—</text>
<paragraph id="H1E150A46FCCD41DDA1A88E81C9C6B88D"><enum>(1)</enum><text>by striking
paragraph (15);</text>
</paragraph><paragraph id="H08C777D46C1B418E9EA2E5A77B0D5A96"><enum>(2)</enum><text>in paragraph
(16), by striking the period at the end and inserting <quote>;
and</quote>;</text>
</paragraph><paragraph id="H0761A8E1FE8C45F5905C83A8CED9C775"><enum>(3)</enum><text>by redesignating
paragraph (16) as paragraph (15); and</text>
</paragraph><paragraph id="H46409BC736924DE8BEF843F680C400D6"><enum>(4)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="HAD0F8ED34BF946AB9D0330C7F73249B3" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H87DBE2C275214A02B29423DC950AB99B"><enum>(16)</enum><text>provide timely
notice to the Administrator of any case or controversy before any Federal
judicial or administrative tribunal concerning the STTR program of the Federal
agency.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><section id="H83A3D9FD14A64894AEE72659B9492EF0"><enum>111.</enum><header>Additional
SBIR and STTR Awards</header><text display-inline="no-display-inline">Section 9
of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638), as amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H0F84EC10B8034100B6DE42854233682A" reported-display-style="boldface-roman" style="OLC">
<subsection id="H9809C8D14EFE4CDE8FDB0C2FC48AA302"><enum>(gg)</enum><header>Additional
SBIR and STTR Awards</header>
<paragraph id="H0676BA1349ED4FF986E2D6636D78A8A3"><enum>(1)</enum><header>Express
authority for awarding a sequential Phase II award</header><text>A small
business concern that receives a Phase II SBIR award or a Phase II STTR award
for a project remains eligible to receive one additional Phase II SBIR award or
Phase II STTR award for continued work on that project.</text>
</paragraph><paragraph id="HC719DD0CB294431AB7567E34909F2AA5"><enum>(2)</enum><header>Preventing
duplicative awards</header><text display-inline="yes-display-inline">The head
of a Federal agency shall verify that any activity to be performed with respect
to a project with a Phase I or Phase II SBIR or STTR award has not been funded
under the SBIR program or STTR program of another Federal
agency.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>II</enum><header>OUTREACH AND
COMMERCIALIZATION INITIATIVES</header>
<section id="H796ED0B6C83748BE8CD92746CCA5C89C"><enum>201.</enum><header>Technical
assistance for awardees</header><text display-inline="no-display-inline">Section 9(q) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(q))
is amended—</text>
<paragraph id="H78ECCD73016D4E4EAD96ECB8932DFA7B"><enum>(1)</enum><text>in paragraph
(1)—</text>
<subparagraph id="HFB27AB7745784D8A91285252640638E0"><enum>(A)</enum><text>by inserting
<quote>or STTR program</quote> after <quote>SBIR program</quote>; and</text>
</subparagraph><subparagraph id="H456F5E0C41B744AF85980B12471F2220"><enum>(B)</enum><text>by striking
<quote>SBIR projects</quote> and inserting <quote>SBIR or STTR
projects</quote>;</text>
</subparagraph></paragraph><paragraph id="HEDDD925D27704A4BAE2E13DC5F09D342"><enum>(2)</enum><text>in paragraph (2),
by striking <quote>3 years</quote> and inserting <quote>5 years</quote>;
and</text>
</paragraph><paragraph id="H4B2B95A3CEE348A18D696D6875D95C66"><enum>(3)</enum><text>in paragraph
(3)—</text>
<subparagraph id="H603BFC9081BB4FAAB877A483EEAA2EAD"><enum>(A)</enum><text>in subparagraph
(A)—</text>
<clause id="HB412A32463304832A632C11F5D330F52"><enum>(i)</enum><text>by inserting
<quote>or STTR</quote> after <quote>SBIR</quote>; and</text>
</clause><clause id="H1F8364C9EB554096ADD4C5020CE25314"><enum>(ii)</enum><text>by striking
<quote>$4,000</quote> and inserting <quote>$5,000</quote>;</text>
</clause></subparagraph><subparagraph id="H8D43CBFE402E458BB0CCB93BEFC83321"><enum>(B)</enum><text>by striking
subparagraph (B) and inserting the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H7852B62AB4DE4B7EA1AFCF5A0E637428" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H6B29E142CCE14DD0A25A8C9B7BE8005D"><enum>(B)</enum><header>Phase
ii</header><text>A Federal agency described in paragraph (1) may—</text>
<clause id="H62398C5719434B71B7D63EC1FF63EFA8"><enum>(i)</enum><text>provide to the
recipient of a Phase II SBIR or STTR award, through a vendor selected under
paragraph (2), the services described in paragraph (1), in an amount equal to
not more than $5,000 per year; or</text>
</clause><clause id="H86F59ABFC72A48F1B6935D020534C26B"><enum>(ii)</enum><text>authorize the
recipient of a Phase II SBIR or STTR award to purchase the services described
in paragraph (1), in an amount equal to not more than $5,000 per year, which
shall be in addition to the amount of the recipient’s
award.</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HB77DFEC8E6814AD7A25931C2D3B7895F"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H47B0CD2764DE4FC5B79B617270378BC2" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H994F7B9E63604D79AAC78162BFE9435E"><enum>(C)</enum><header>Flexibility</header><text>In
carrying out subparagraphs (A) and (B), each Federal agency shall provide the
allowable amounts to a recipient that meets the eligibility requirements under
the applicable subparagraph, if the recipient requests to seek technical
assistance from an individual or entity other than the vendor selected under
paragraph (2) by the Federal agency.</text>
</subparagraph><subparagraph id="H4FC4EF56DE604CD3AE2B33A4CD6D13E8"><enum>(D)</enum><header>Limitation</header><text>A
Federal agency may not—</text>
<clause id="HB304030E30624000B50E26A5B31693EA"><enum>(i)</enum><text>use the amounts
authorized under subparagraph (A) or (B) unless the vendor selected under
paragraph (2) provides the technical assistance to the recipient; or</text>
</clause><clause id="H2E716391563C4A459A247524F4CF2D16"><enum>(ii)</enum><text>enter a contract
with a vendor under paragraph (2) under which the amount provided for technical
assistance is based on total number of Phase I or Phase II
awards.</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></section><section id="H560DC6FF942F4267AB2351CB676D1328"><enum>202.</enum><header>Commercialization
Readiness Program at Department of Defense</header>
<subsection id="HFAC1B7686F7048D98D1F61F04142B87C"><enum>(a)</enum><header>In
General</header><text>Section 9(y) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(y)) is amended—</text>
<paragraph id="HACD096771B2C490495091E96266479D1"><enum>(1)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Pilot</header-in-text></quote> and inserting
<quote><header-in-text level="subsection">Readiness</header-in-text></quote>;</text>
</paragraph><paragraph id="H292C6D83F5FD49269D0BC753A08199DE"><enum>(2)</enum><text>by striking
<quote>Pilot</quote> each place that term appears and inserting
<quote>Readiness</quote>;</text>
</paragraph><paragraph id="HB1A1D7E9EF0E46059B0936C80CAF844D"><enum>(3)</enum><text>in paragraph
(1)—</text>
<subparagraph id="H54230B9F23224B5592AEDBC4A17FEA48"><enum>(A)</enum><text>by inserting
<quote>or Small Business Technology Transfer Program</quote> after <quote>Small
Business Innovation Research Program</quote>; and</text>
</subparagraph><subparagraph id="HC52E8DC52C3343A996C38EAE4198BBFB"><enum>(B)</enum><text>by adding at the
end the following: <quote>The authority to create and administer a
Commercialization Readiness Program under this subsection may not be construed
to eliminate or replace any other SBIR program or STTR program that enhances
the insertion or transition of SBIR or STTR technologies, including any such
program in effect on the date of enactment of the National Defense
Authorization Act for Fiscal Year 2006 (Public Law 109–163; 119 Stat.
3136).</quote>;</text>
</subparagraph></paragraph><paragraph id="H418FAC0139B24750AE8CAE77BE1BDBC1"><enum>(4)</enum><text>in paragraph (2),
by inserting <quote>or Small Business Technology Transfer Program</quote> after
<quote>Small Business Innovation Research Program</quote>;</text>
</paragraph><paragraph id="H0D8671F16A0D4DAF9936540CD523031D"><enum>(5)</enum><text display-inline="yes-display-inline">in paragraph (5)—</text>
<subparagraph id="H33D12FCE4A4D4ECE9AE0F72952D5D331"><enum>(A)</enum><text>by striking
<quote>the Committee on Armed Services and the Committee on Small Business of
the House of Representatives</quote> and inserting <quote>the Committee on
Armed Services, the Committee on Small Business, and the Committee on Science,
Space, and Technology of the House of Representatives</quote>; and</text>
</subparagraph><subparagraph id="H649D7374A0F549D78B90874721C6ADE1"><enum>(B)</enum><text>by striking
<quote>shall include</quote> and inserting <quote>shall include, in addition to
the information described in paragraph (6)(C)</quote>;</text>
</subparagraph></paragraph><paragraph id="H99239EA8FE7D41279A86A03430C70391"><enum>(6)</enum><text>by redesignating
paragraph (5) as paragraph (7);</text>
</paragraph><paragraph id="H4EC2184D853B4F3AAB0F3F472D08AD80"><enum>(7)</enum><text>by striking
paragraph (6); and</text>
</paragraph><paragraph id="H1A616A1864374E1590319A8DD88A9656"><enum>(8)</enum><text>by inserting
after paragraph (4) the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H13676D9712284132BDB27F4D45D9596F" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H4BFDCA369BB64717B3CEA82159DD179F"><enum>(5)</enum><header>Insertion
incentives</header><text>For any contract with a value of not less than
$100,000,000, the Secretary of Defense is authorized to—</text>
<subparagraph id="HABBD39ADFE5549448D662609427620C3"><enum>(A)</enum><text>establish goals
for the transition of Phase III technologies in subcontracting plans;</text>
</subparagraph><subparagraph id="H8164A1A186104CCD8B748F330B62B54F"><enum>(B)</enum><text>require a prime
contractor on such a contract to report the number and dollar amount of
contracts entered into by that prime contractor for Phase III SBIR or STTR
projects; and</text>
</subparagraph><subparagraph id="H51018CC216EA450DBF51A35D37502169"><enum>(C)</enum><text display-inline="yes-display-inline">take action to ensure that, if a prime
contractor on such a contract, after consultation with the Secretary, certifies
that an appropriate Phase III technology is not available to be incorporated
into a project of the prime contractor, such project shall be excluded from any
determination of whether goals under subparagraph (A) have been met.</text>
</subparagraph></paragraph><paragraph id="H3FD905606F6A41C69CB36CEAA65E3611"><enum>(6)</enum><header>Goal for sbir
and sttr technology insertion</header><text>The Secretary of Defense
shall—</text>
<subparagraph id="H75A12E01D80C4B49B0E2D3A506719236"><enum>(A)</enum><text>set a goal to
increase the number of Phase II SBIR contracts and the number of Phase II STTR
contracts awarded by that Secretary that lead to technology transition into
programs of record or fielded systems;</text>
</subparagraph><subparagraph id="HE487B21AD0A44B9AA9B68519E77E70BA"><enum>(B)</enum><text>use incentives in
effect on the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011, or create new incentives, to encourage agency program
managers and prime contractors to meet the goal under subparagraph (A);
and</text>
</subparagraph><subparagraph id="H12DFF5A8AF3C4934B82D3107240CC521"><enum>(C)</enum><text display-inline="yes-display-inline">include in the annual report under this
subsection—</text>
<clause id="HB8233F5B84004BDDBC25B8EE52EC384B"><enum>(i)</enum><text>the percentage of
Phase II SBIR and STTR contracts awarded by the Secretary that led to
technology transition into programs of record or fielded systems;</text>
</clause><clause id="HC779CEE8C9B24DF08504F5E240318349"><enum>(ii)</enum><text display-inline="yes-display-inline">information on the status of each project
that received funding through the Commercialization Readiness Program and
efforts to transition those projects into programs of record or fielded
systems; and</text>
</clause><clause id="HD17C04B9080446A6B8FB34A809B3AE29"><enum>(iii)</enum><text>a description
of each incentive that has been used by the Secretary under subparagraph (B)
and the effectiveness of that incentive with respect to meeting the goal under
subparagraph
(A).</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H7D0981F3EB784CB485F5F4B4A3D73D30"><enum>(b)</enum><header>Technical and
Conforming Amendment</header><text>Section 9(i)(1) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(i)(1)) is amended by inserting <quote>(including awards under subsection
(y))</quote> after <quote>the number of awards</quote>.</text>
</subsection></section><section id="HFEF062BA56D8493BB775CD87E034D4F5"><enum>203.</enum><header>Commercialization
Readiness Pilot Program for civilian agencies</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HC85735EE1BC840D29F3752B92E215DED" reported-display-style="boldface-roman" style="OLC">
<subsection id="H137D6F94B19F460DA1F4C552A2D127AF"><enum>(hh)</enum><header>Pilot
Program</header>
<paragraph id="H8A27FFAC78764CA696E584D61C42A60B"><enum>(1)</enum><header>Authorization</header><text>The
head of each covered Federal agency may allocate not more than 10 percent of
the funds allocated to the SBIR program and the STTR program of the covered
Federal agency—</text>
<subparagraph id="H218EB069848441529A996753F281AF7C"><enum>(A)</enum><text>for awards for
technology development, testing, evaluation, and commercialization assistance
for SBIR and STTR Phase II technologies; or</text>
</subparagraph><subparagraph id="H6DCFB87C3B82455BA397EEA58041EE6C"><enum>(B)</enum><text>to support the
progress of research, research and development, and commercialization conducted
under the SBIR or STTR programs to Phase III.</text>
</subparagraph></paragraph><paragraph id="H15F7A7F32DE8448E99548EBB7CEF94B4"><enum>(2)</enum><header>Application by
federal agency</header>
<subparagraph id="H5B1BC47E024043D8930D20F25E8E2AB7"><enum>(A)</enum><header>In
general</header><text>A covered Federal agency may not establish a pilot
program unless the covered Federal agency makes a written application to the
Administrator, not later than 90 days before the first day of the fiscal year
in which the pilot program is to be established, that describes a compelling
reason that additional investment in SBIR or STTR technologies is necessary,
including unusually high regulatory, systems integration, or other costs
relating to development or manufacturing of identifiable, highly promising
small business technologies or a class of such technologies expected to
substantially advance the mission of the agency.</text>
</subparagraph><subparagraph id="H8D0494F692C04194B38477249FA0E388"><enum>(B)</enum><header>Determination</header><text>The
Administrator shall—</text>
<clause id="H5043C8415FBD48D98CEC20A5EC9AF45C"><enum>(i)</enum><text>make a
determination regarding an application submitted under subparagraph (A) not
later than 30 days before the first day of the fiscal year for which the
application is submitted;</text>
</clause><clause id="HAD67FDE1CBC04D8D979201A4B2AAD820"><enum>(ii)</enum><text>publish the
determination in the Federal Register; and</text>
</clause><clause id="H7387AB65E27A42FC839BC491D53157AC"><enum>(iii)</enum><text>make a copy of
the determination and any related materials available to the Committee on Small
Business and Entrepreneurship of the Senate and the Committee on Small Business
and the Committee on Science, Space, and Technology of the House of
Representatives.</text>
</clause></subparagraph></paragraph><paragraph id="HC5DE6FC5E6AE4274973ED53CB4B5ED8A"><enum>(3)</enum><header>Maximum amount
of award</header><text>The head of a covered Federal agency may not make an
award under a pilot program in excess of 3 times the dollar amounts generally
established for Phase II awards under subsection (j)(2)(D) or
(p)(2)(B)(ix).</text>
</paragraph><paragraph id="H3779049D8DDB4D788129FBD1EC67F981"><enum>(4)</enum><header>Registration</header><text>Any
applicant that receives an award under a pilot program shall register with the
Administrator in a registry that is available to the public.</text>
</paragraph><paragraph id="H6FCC5D081C984612B3C08C1EB8DE6386"><enum>(5)</enum><header>Award Criteria
or Consideration</header><text display-inline="yes-display-inline">When making
an award under this section, the head of a covered Federal agency shall give
consideration to whether the technology to be supported by the award is likely
to be manufactured in the United States.</text>
</paragraph><paragraph id="H8C50E365A7274469B655707F9DDBB648"><enum>(6)</enum><header>Report</header><text>The
head of each covered Federal agency shall include in the annual report of the
covered Federal agency to the Administrator an analysis of the various
activities considered for inclusion in the pilot program of the covered Federal
agency and a statement of the reasons why each activity considered was included
or not included, as the case may be.</text>
</paragraph><paragraph id="HC712A3AAB44D494294DE77C92BDD2FA7"><enum>(7)</enum><header>Termination</header><text>The
authority to establish a pilot program under this section expires at the end of
fiscal year 2014.</text>
</paragraph><paragraph id="H23FBE6985E194773A4C5671B16E3E659"><enum>(8)</enum><header>Definitions</header><text>In
this subsection—</text>
<subparagraph id="H46D8458788424BF2BFF080C6F521E984"><enum>(A)</enum><text>the term
<term>covered Federal agency</term>—</text>
<clause id="HBB8ED1B58A1F41C19CE9DC8E62A66F3A"><enum>(i)</enum><text>means a Federal
agency participating in the SBIR program or the STTR program; and</text>
</clause><clause id="H5DCB81F0E1C6444B88F2A5DEC5A9838F"><enum>(ii)</enum><text>does not include
the Department of Defense; and</text>
</clause></subparagraph><subparagraph id="H97F817400DE4442AB53B4F022E5DBA65"><enum>(B)</enum><text>the term
<term>pilot program</term> means the program established under paragraph
(1).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H3C83DD74610349F4BF1EF6F1D73D12F7"><enum>204.</enum><header>Interagency
Policy Committee</header>
<subsection id="HE9897F84CD5B4459A92DF0414B949A27"><enum>(a)</enum><header>Establishment</header><text display-inline="yes-display-inline">The Director of the Office of Science and
Technology Policy shall establish an Interagency SBIR/STTR Policy
Committee.</text>
</subsection><subsection commented="no" id="HE714FD962B4147F9B0433F293E7503CC"><enum>(b)</enum><header>Duties</header><text display-inline="yes-display-inline">The Interagency SBIR/STTR Policy Committee
shall review the following issues and make policy recommendations on ways to
improve program effectiveness and efficiency:</text>
<paragraph commented="no" id="HCE2126F93D8B4317A4718E1AA410E7CD"><enum>(1)</enum><text>The public and
government databases described in section 9(k) of the Small Business Act (15
U.S.C. 638(k)).</text>
</paragraph><paragraph commented="no" id="H6EFF569BC8A44E0C9FF3878FE52CE4CA"><enum>(2)</enum><text>Federal agency
flexibility in establishing Phase I and II award sizes, including appropriate
criteria for exercising such flexibility.</text>
</paragraph><paragraph commented="no" id="H60AD8B11DF4B4199BE297BD30C1007AB"><enum>(3)</enum><text>Commercialization
assistance best practices of Federal agencies with significant potential to be
employed by other agencies, and the appropriate steps to achieve that leverage,
as well as proposals for new initiatives to address funding gaps that business
concerns face after Phase II but before commercialization.</text>
</paragraph><paragraph id="HF18E7BD8DE5648C0A433702340705F19"><enum>(4)</enum><text>Developing and
incorporating a standard evaluation framework to enable systematic assessment
of SBIR and STTR, including through improved tracking of awards and outcomes
and development of performance measures for the SBIR program and STTR program
of each Federal agency.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H1D7867C116864A7D94C72E4F3AB431E7"><enum>(c)</enum><header>Reports</header><text display-inline="yes-display-inline">The Interagency SBIR/STTR Policy Committee
shall transmit to the Committee on Science, Space, and Technology and the
Committee on Small Business of the House of Representatives and to the
Committee on Small Business and Entrepreneurship of the Senate—</text>
<paragraph commented="no" id="HF59951293D5649489A7F289F8019D1B2"><enum>(1)</enum><text>a report on its
review and recommendations under subsection (b)(1) not later than 1 year after
the date of enactment of this Act;</text>
</paragraph><paragraph commented="no" id="H18F5A1267381453E97E7022A9DB8BDC4"><enum>(2)</enum><text>a report on its
review and recommendations under subsection (b)(2) not later than 18 months
after the date of enactment of this Act;</text>
</paragraph><paragraph commented="no" id="H62D2E69F444D42B797120B881EF62D7A"><enum>(3)</enum><text>a report on its
review and recommendations under subsection (b)(3) not later than 2 years after
the date of enactment of this Act; and</text>
</paragraph><paragraph id="HE140B58BCB3947A19EE46154FF9F0AB2"><enum>(4)</enum><text>a report on its
review and recommendations under subsection (b)(4) not later than 2 years after
the date of enactment of this Act.</text>
</paragraph></subsection></section><section id="HB8131B497C5A4BD28B0338C3D67C7E1B"><enum>205.</enum><header>Clarifying the
definition of <quote>Phase III</quote></header>
<subsection id="HE07BE282CBDB4B8BBD8BEA684B849C9B"><enum>(a)</enum><header>Phase III
Awards</header><text>Section 9(e) of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638(e)), as amended by this Act, is further
amended—</text>
<paragraph id="H24E35B95FDD74E0399C056881CA06073"><enum>(1)</enum><text>in paragraph
(4)(C), in the matter preceding clause (i), by inserting <quote>for work that
derives from, extends, or completes efforts made under prior funding agreements
under the SBIR program</quote> after <quote>phase</quote>;</text>
</paragraph><paragraph id="H59B46511DDB64B8F8D58BCBDA68DF93E"><enum>(2)</enum><text>in paragraph
(6)(C), in the matter preceding clause (i), by inserting <quote>for work that
derives from, extends, or completes efforts made under prior funding agreements
under the STTR program</quote> after <quote>phase</quote>;</text>
</paragraph><paragraph id="H61F98F6E947A48DF8B1377027CEA57DB"><enum>(3)</enum><text>in paragraph (8),
by striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="HF3A4B504E59F4E3E8794FD4625162739"><enum>(4)</enum><text>in paragraph (9),
by striking the period at the end and inserting a semicolon; and</text>
</paragraph><paragraph id="H95B59C39E9E74DF6A0ED4A1E8223A0A6"><enum>(5)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="HACBAA70AAE734FBA9B4483B24315FA27" reported-display-style="boldface-roman" style="OLC">
<paragraph id="HCD7789BCD17845E8A94F3E0C3677ADAE"><enum>(10)</enum><text>the term
<term>commercialization</term> means—</text>
<subparagraph id="H9E1AE5110190452E8B79B94E0479FDEA"><enum>(A)</enum><text>the process of
developing products, processes, technologies, or services; and</text>
</subparagraph><subparagraph id="H07B95C96D78B444CA0035B83A42EC6E2"><enum>(B)</enum><text>the production
and delivery of products, processes, technologies, or services for sale
(whether by the originating party or by others) to or use by the Federal
Government or commercial
markets;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HABA61109B6D1423E9982CF618E845796"><enum>(b)</enum><header>Technical and
Conforming Amendments</header><text>Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended—</text>
<paragraph id="H755C173F364D4058A70967786B5097F8"><enum>(1)</enum><text>in subsection
(e)—</text>
<subparagraph id="H44970630113F4A45A84C530EED1FA7CE"><enum>(A)</enum><text>in paragraph
(4)(C)(ii), by striking <quote>scientific review criteria</quote> and inserting
<quote>merit-based selection procedures</quote>;</text>
</subparagraph><subparagraph id="HE0D4BDAB55654EC7B1EC1098A5C18345"><enum>(B)</enum><text>in paragraph (9),
by striking <quote>the second or the third phase</quote> and inserting
<quote>Phase II or Phase III</quote>; and</text>
</subparagraph><subparagraph id="HAA112A295A7049F4884AE2D68784EABD"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H6D77116DB5C84DF9975AF69820532B84" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H0E0A15E548C04F70A2B33017DFF5DC51"><enum>(11)</enum><text>the term
<term>Phase I</term> means—</text>
<subparagraph id="H082B19AC8CD04B60A9406567C0F57D2A"><enum>(A)</enum><text>with respect to
the SBIR program, the first phase described in paragraph (4)(A); and</text>
</subparagraph><subparagraph id="H556735998782485DA9C98B5A209412DD"><enum>(B)</enum><text>with respect to
the STTR program, the first phase described in paragraph (6)(A);</text>
</subparagraph></paragraph><paragraph id="H5F4A376DCF3243AF9F8EF640CA9D1F75"><enum>(12)</enum><text>the term
<term>Phase II</term> means—</text>
<subparagraph id="HD78B35E4DDC24807A1700D68B260C7E2"><enum>(A)</enum><text>with respect to
the SBIR program, the second phase described in paragraph (4)(B); and</text>
</subparagraph><subparagraph id="HF7E1AFAA25144186A7CE448FC4111ED3"><enum>(B)</enum><text>with respect to
the STTR program, the second phase described in paragraph (6)(B); and</text>
</subparagraph></paragraph><paragraph id="HC44329D12EE44198811EA601EBFB249B"><enum>(13)</enum><text>the term
<term>Phase III</term> means—</text>
<subparagraph id="H85A44C136ED74E31ADF3D85A5F3F218D"><enum>(A)</enum><text>with respect to
the SBIR program, the third phase described in paragraph (4)(C); and</text>
</subparagraph><subparagraph id="H02D104CC3A4B4FE5A427390102632783"><enum>(B)</enum><text>with respect to
the STTR program, the third phase described in paragraph
(6)(C).</text>
</subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HB9D53CD4020D48A9921FC98AAE810D59"><enum>(2)</enum><text>in subsection
(j)—</text>
<subparagraph id="H9B73130C0DE34739941061233AAD16C8"><enum>(A)</enum><text>in paragraph
(1)(B), by striking <quote>phase two</quote> and inserting <quote>Phase
II</quote>;</text>
</subparagraph><subparagraph id="H142C9D224BDA40AB93AA10E43AA861BA"><enum>(B)</enum><text>in paragraph
(2)—</text>
<clause id="H857BF6CB40F84E0A8D78FE989189EFCA"><enum>(i)</enum><text>in subparagraph
(B)—</text>
<subclause id="HF2C22FA4DFA444AFBBEF196A217083D0"><enum>(I)</enum><text>by striking
<quote>the third phase</quote> each place it appears and inserting <quote>Phase
III</quote>; and</text>
</subclause><subclause id="HEC4C3F2223294D118D938118C61E12F1"><enum>(II)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subclause></clause><clause id="HF955667BE4C94F05BFBDBB045906E3B9"><enum>(ii)</enum><text>in subparagraph
(D)—</text>
<subclause id="HBFB02EB147F14E24AD717A7C52DDB428"><enum>(I)</enum><text>by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="H9BFBBCC3B0B941A4B2F2F0F668BE6D3A"><enum>(II)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subclause></clause><clause id="H60A5376225764D6688EA819BBEA05F5E"><enum>(iii)</enum><text>in subparagraph
(F), by striking <quote>the third phase</quote> and inserting <quote>Phase
III</quote>;</text>
</clause><clause id="H4BB52E071DDA42A89395AED299D24560"><enum>(iv)</enum><text>in subparagraph
(G)—</text>
<subclause id="H62E0802BDDF1496D947995C826E8A07B"><enum>(I)</enum><text>by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="H2A651327C57248519AA4DDC2729993B9"><enum>(II)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;
and</text>
</subclause></clause><clause id="H11389F69745B4434A3588C38B1FF242F"><enum>(v)</enum><text>in subparagraph
(H)—</text>
<subclause id="H070C1ABB6BC64B82993B2FE5B86E9EB2"><enum>(I)</enum><text>by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>;</text>
</subclause><subclause id="HCBEB4C795EDD4C9286046B20015D6297"><enum>(II)</enum><text>by striking
<quote>second phase</quote> each place it appears and inserting <quote>Phase
II</quote>; and</text>
</subclause><subclause id="HA2C728B437A34629885658BF56AB62FA"><enum>(III)</enum><text>by striking
<quote>third phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="H85192C53C8B2447A9A2CBCF317204E3B"><enum>(C)</enum><text>in paragraph
(3)—</text>
<clause id="H093F3987D5C549698B23A9E6B40899DF"><enum>(i)</enum><text>in subparagraph
(A)—</text>
<subclause id="HF224E309348346B8A54C45A6307670E8"><enum>(I)</enum><text>by striking
<quote>the first phase (as described in subsection (e)(4)(A))</quote> and
inserting <quote>Phase I</quote>;</text>
</subclause><subclause id="HE07C2B71EBDD40C5BBC6421918C21CCC"><enum>(II)</enum><text>by striking
<quote>the second phase (as described in subsection (e)(4)(B))</quote> and
inserting <quote>Phase II</quote>; and</text>
</subclause><subclause id="H018C77D025B1466B943EA6EA843F20AF"><enum>(III)</enum><text>by striking
<quote>the third phase (as described in subsection (e)(4)(C))</quote> and
inserting <quote>Phase III</quote>; and</text>
</subclause></clause><clause id="H25AFF53FE6874E7D83F14CC67CAE3EDF"><enum>(ii)</enum><text>in subparagraph
(B), by striking <quote>second phase</quote> and inserting <quote>Phase
II</quote>;</text>
</clause></subparagraph></paragraph><paragraph id="H45FFBC744C9D48D7B2E0334E6CC47015"><enum>(3)</enum><text>in subsection
(k)—</text>
<subparagraph id="H544CD3F71BE24A4E8BC0203F9F24793D"><enum>(A)</enum><text>by striking
<quote>first phase</quote> each place it appears and inserting <quote>Phase
I</quote>; and</text>
</subparagraph><subparagraph id="H5449E0157DBE4CB8803E55DFC20F91E0"><enum>(B)</enum><text>by striking
<quote>second phase</quote> each place it appears and inserting <quote>Phase
II</quote>;</text>
</subparagraph></paragraph><paragraph id="H241028D1CD6A4D21955CA63162289589"><enum>(4)</enum><text>in subsection
(l)(2)—</text>
<subparagraph id="H90E6BD338DF642E582DC150A477EADCC"><enum>(A)</enum><text>by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subparagraph><subparagraph id="H0D67E2F591EC4AC09FC57D6C824CCEF6"><enum>(B)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;</text>
</subparagraph></paragraph><paragraph id="H482CFD7D3094436BA99B7148983EDB27"><enum>(5)</enum><text>in subsection
(o)(13)—</text>
<subparagraph id="H0918AF0064E1441CA8B0B2019D273127"><enum>(A)</enum><text>in subparagraph
(B), by striking <quote>second phase</quote> and inserting <quote>Phase
II</quote>; and</text>
</subparagraph><subparagraph id="H8F74B7F0653941C0A3E8BAD616084923"><enum>(B)</enum><text>in subparagraph
(C), by striking <quote>third phase</quote> and inserting <quote>Phase
III</quote>;</text>
</subparagraph></paragraph><paragraph id="H0BE87B1C6D3C4B7CA5A4F57041F1A13C"><enum>(6)</enum><text>in subsection
(p)—</text>
<subparagraph id="HBEE3B363AAA5464389FC04E8478506A9"><enum>(A)</enum><text>in paragraph
(2)(B)—</text>
<clause id="H338DD8A39D724AA69542FCB91C8BF94F"><enum>(i)</enum><text>in clause
(vi)—</text>
<subclause id="HC68B8EA3CFF54680A2AE4F8D3FAB92A4"><enum>(I)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;
and</text>
</subclause><subclause id="H62EFC66E3168429092B0CE30D7484BE2"><enum>(II)</enum><text>by striking
<quote>the third phase</quote> and inserting <quote>Phase III</quote>;
and</text>
</subclause></clause><clause id="H1E82DA1689EE4F1F87D8AF8816C8C1ED"><enum>(ii)</enum><text>in clause
(ix)—</text>
<subclause id="H95BCE263C7424478A232C4B1561C371F"><enum>(I)</enum><text>by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>; and</text>
</subclause><subclause id="H621FE59B2E60497FB0D2F666C78C5B21"><enum>(II)</enum><text>by striking
<quote>the second phase</quote> and inserting <quote>Phase II</quote>;
and</text>
</subclause></clause></subparagraph><subparagraph id="HD090182871724ECCAE762BA75A34BEB1"><enum>(B)</enum><text>in paragraph
(3)—</text>
<clause id="HE1B06B85C3FB4AA2A5EF89EB410A5571"><enum>(i)</enum><text>by striking
<quote>the first phase (as described in subsection (e)(6)(A))</quote> and
inserting <quote>Phase I</quote>;</text>
</clause><clause id="H52E53001BFD4433AADA3CA4554051439"><enum>(ii)</enum><text>by striking
<quote>the second phase (as described in subsection (e)(6)(B))</quote> and
inserting <quote>Phase II</quote>; and</text>
</clause><clause id="HBF280D8010F043D9A3DA54A8BBF0CD13"><enum>(iii)</enum><text>by striking
<quote>the third phase (as described in subsection (e)(6)(C))</quote> and
inserting <quote>Phase III</quote>;</text>
</clause></subparagraph></paragraph><paragraph id="HFB7BCFDEAAD84BB8A875A227FB721F91"><enum>(7)</enum><text>in subsection
(q)(3)(A)—</text>
<subparagraph id="H2BABECAB885A49A198A4F6F005F0C66B"><enum>(A)</enum><text>in the
subparagraph heading, by striking <quote><header-in-text level="subparagraph">First phase</header-in-text></quote> and inserting
<quote><header-in-text level="subparagraph">Phase i</header-in-text></quote>;
and</text>
</subparagraph><subparagraph id="H3BBBD88EE5524FB0A2589B6ADBB3A367"><enum>(B)</enum><text>by striking
<quote>first phase</quote> and inserting <quote>Phase I</quote>;</text>
</subparagraph></paragraph><paragraph id="H6ACA01EBE9B94DA299CF3191CF5B1072"><enum>(8)</enum><text>in subsection
(r)—</text>
<subparagraph id="HBE63EDE8C5E543DA84E95B8611A12342"><enum>(A)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Third
Phase</header-in-text></quote> and inserting <quote><header-in-text level="subsection">Phase III</header-in-text></quote>;</text>
</subparagraph><subparagraph id="H377CCC466A4F4417BB5A1F54DE757044"><enum>(B)</enum><text>in paragraph
(1)—</text>
<clause id="H6BDC1D67FC534582B83FFB28E8A58EC3"><enum>(i)</enum><text>in the first
sentence—</text>
<subclause id="H0FDC3FD615704049BCC9AED4E79565FA"><enum>(I)</enum><text>by striking
<quote>for the second phase</quote> and inserting <quote>for Phase
II</quote>;</text>
</subclause><subclause id="H7EAEA077766A462CB78978C6A0E7604F"><enum>(II)</enum><text>by striking
<quote>third phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause><subclause id="H7074D8DC19264D5F80052E4F8971F143"><enum>(III)</enum><text>by striking
<quote>second phase period</quote> and inserting <quote>Phase II
period</quote>; and</text>
</subclause></clause><clause id="HA55810DF72BC4C0EA2398EBE08A41A01"><enum>(ii)</enum><text>in the second
sentence—</text>
<subclause id="HE9DF1843FBC34B0FBB6E30F4AC3F4CDE"><enum>(I)</enum><text>by striking
<quote>second phase</quote> and inserting <quote>Phase II</quote>; and</text>
</subclause><subclause id="H51A239540A874B36823906EE8B906F1B"><enum>(II)</enum><text>by striking
<quote>third phase</quote> and inserting <quote>Phase III</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="H375B8CE9B76347989F4C77439CE0770E"><enum>(C)</enum><text>in paragraph (2),
by striking <quote>third phase</quote> and inserting <quote>Phase III</quote>;
and</text>
</subparagraph></paragraph><paragraph id="H73242DF879B54DB080DCA6E6F36ACD35"><enum>(9)</enum><text display-inline="yes-display-inline">in subsection (u)(2)(B), by striking
<quote>the first phase</quote> and inserting <quote>Phase I</quote>.</text>
</paragraph></subsection></section><section id="HCF269581DF6341F881120F85D6EE7AE3"><enum>206.</enum><header>Shortened
period for final decisions on proposals and applications</header>
<subsection id="H2446FE91125545669E66D780F2E57F88"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended—</text>
<paragraph id="H0F5284A4CABC42688A74E0663C809145"><enum>(1)</enum><text>in subsection
(g)(4)—</text>
<subparagraph id="H32F5B2F9AD9643C1A5E819EE3F66A495"><enum>(A)</enum><text>by inserting
<quote>(A)</quote> after <quote>(4)</quote>;</text>
</subparagraph><subparagraph id="H20C4C241607E4A83ACC50E1EFA243AFF"><enum>(B)</enum><text>by adding
<quote>and</quote> after the semicolon at the end; and</text>
</subparagraph><subparagraph id="H3696D47533C04AB9B837A51CAC0B3D8F"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="HD03CD0C1542C4080B5077CD162FB3EF6" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="HEC9AB241661B42E1B3E029717DD095CE" indent="up1"><enum>(B)</enum><text>make a final
decision on each proposal submitted under the SBIR program—</text>
<clause id="H3FF713B045CC49BAA696B663A210C493"><enum>(i)</enum><text>not later than 90
days after the date on which the solicitation closes; or</text>
</clause><clause id="H1AFD27E431764385994EE42C5C7D28BF"><enum>(ii)</enum><text>if the
Administrator authorizes an extension for a solicitation, not later than 180
days after the date on which the solicitation
closes;</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HE881FE194C284069A70647E72583AD22"><enum>(2)</enum><text>in subsection
(o)(4)—</text>
<subparagraph id="HF77BA2A1434C40BABCF68A9E59F0C259"><enum>(A)</enum><text>by inserting
<quote>(A)</quote> after <quote>(4)</quote>;</text>
</subparagraph><subparagraph id="H5A335AC86FA7445BA58C18FFF4D68170"><enum>(B)</enum><text>by adding
<quote>and</quote> after the semicolon at the end; and</text>
</subparagraph><subparagraph id="HDE5847B4E0F641FF91364A8FA2AFCC54"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H07C4AD5FFF4D4A56978C8D533132611F" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H83D967A458DA4FC3A3597CCEC312824E" indent="up1"><enum>(B)</enum><text>make a final
decision on each proposal submitted under the STTR program—</text>
<clause id="HD3685A0EC20643159C92A81F1FAADCD0"><enum>(i)</enum><text>not later than 90
days after the date on which the solicitation closes; or</text>
</clause><clause id="H7792CF7DB6C24966B3D43DCD9CD38F65"><enum>(ii)</enum><text>if the
Administrator authorizes an extension for a solicitation, not later than 180
days after the date on which the solicitation
closes;</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="H7D2DB1DC3DD44C44BA47A5CAA2CD4620"><enum>(b)</enum><header>NIH Peer Review
Process</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HACFF072F62CD4496B23ED04C4BD74E80" reported-display-style="boldface-roman" style="OLC">
<subsection id="H97A180702C054D98A66A9702F27E54B2"><enum>(ii)</enum><header>NIH Peer
Review Process</header><text>Notwithstanding subsections (g)(4)(B) and
(o)(4)(B), the Director of the National Institutes of Health may make an award
under the SBIR program or the STTR program of the National Institutes of Health
only if the application for the award has undergone technical and scientific
peer review under section 492 of the <act-name parsable-cite="PHSA">Public
Health Service Act</act-name> (42 U.S.C. 289a).</text>
</subsection><subsection id="HF5CA327248EB4E878E9793D16B728112"><enum>(jj)</enum><header>NSF peer
review process</header><text display-inline="yes-display-inline">Notwithstanding subsections (g)(4)(B) and
(o)(4)(B), the Director of the National Science Foundation may make an award
under the SBIR program or the STTR program of the National Science Foundation
only if the application for the award has undergone the National Science
Foundation's technical and scientific peer review process and met all other
applicable peer review procedures and guidelines pursuant to the National
Science Foundation Act of 1950 (42 U.S.C. 1861, et seq.) and other applicable
Federal
law.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H44A73B4DDE9A4A9A8B9D32F69567011F"><enum>207.</enum><header>Phase 0 Proof
of Concept Partnership pilot program</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H6077C41109424CD5B4C43749FF6A909C" reported-display-style="boldface-roman" style="OLC">
<subsection id="H20576A187C044B5DB38327C773EDFBA9"><enum>(kk)</enum><header>Phase 0 Proof
of Concept Partnership pilot program</header>
<paragraph id="H2298F982EC904C0BBB489379B10F6C88"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The Director of the
National Institutes of Health may use $10,000,000 of the funds allocated under
subsection (n)(1) for a Proof of Concept Partnership pilot program to
accelerate the creation of small businesses and the commercialization of
research innovations from qualifying institutions. To implement this program,
the Director shall award, through a competitive, merit-based process, grants to
qualifying institutions. These grants shall only be used to administer Proof of
Concept Partnership awards in conformity with this subsection.</text>
</paragraph><paragraph id="H10404E2C6A3C449DB71DB2CF7A27880F"><enum>(2)</enum><header>Definitions</header><text>In
this subsection—</text>
<subparagraph id="H34830E125F1C4B9EB76211A6F5808369"><enum>(A)</enum><text>the term
<term>Director</term> means the Director of the National Institutes of
Health;</text>
</subparagraph><subparagraph id="HC7209F1EA7FB445EAB39B3B47908965E"><enum>(B)</enum><text>the term
<term>pilot program</term> refers to the Proof of Concept Partnership pilot
program; and</text>
</subparagraph><subparagraph id="HFA98ED74603F4F82B1479A6035F938AF"><enum>(C)</enum><text>the terms
<term>qualifying institution</term> and <term>institution</term> mean a
university or other research institution that participates in the National
Institutes of Health’s STTR program.</text>
</subparagraph></paragraph><paragraph id="H69B72D43EDC6430495490E894E987235"><enum>(3)</enum><header>Proof of
concept partnerships</header>
<subparagraph id="HCA758F1A6A714BB69F28B0093DCBF839"><enum>(A)</enum><header>In
general</header><text>A Proof of Concept Partnership shall be set up by a
qualifying institution to award grants to individual researchers. These grants
should provide researchers with the initial investment and the resources to
support the proof of concept work and commercialization mentoring needed to
translate promising research projects and technologies into a viable company.
This work may include technical validations, market research, clarifying
intellectual property rights position and strategy and investigating commercial
or business opportunities.</text>
</subparagraph><subparagraph id="HC0FE18F18A9F49E8BC93A2E8A0093FA2"><enum>(B)</enum><header>Award
guidelines</header><text>The administrator of a Proof of Concept Partnership
program shall award grants in accordance with the following guidelines:</text>
<clause id="HB2CD502A3DA94CE4945F98BF6D0EB912"><enum>(i)</enum><text>The Proof of
Concept Partnership shall use a market-focused project management oversight
process, including—</text>
<subclause id="H9C400DB1F528486FB4B7BC7D0B0801C5"><enum>(I)</enum><text display-inline="yes-display-inline">a rigorous, diverse review board comprised
of local experts in translational and proof of concept research, including
industry, start-up, venture capital, technical, financial, and business experts
and university technology transfer officials;</text>
</subclause><subclause id="H8708CCD55FA14FBBA1E827C6BF57659F"><enum>(II)</enum><text display-inline="yes-display-inline">technology validation milestones focused on
market feasibility;</text>
</subclause><subclause id="HFD83C7BCFA7C409EAF58CA7F9BD5D658"><enum>(III)</enum><text>simple
reporting effective at redirecting projects; and</text>
</subclause><subclause id="H90E0FE739F394B46836E5326129A6918"><enum>(IV)</enum><text>the willingness
to reallocate funding from failing projects to those with more
potential.</text>
</subclause></clause><clause id="H3C8844C3C16A415FBF4A5BCC634D7447"><enum>(ii)</enum><text>Not more than
$100,000 shall be awarded towards an individual proposal.</text>
</clause></subparagraph><subparagraph id="HEDCD3F2FD610493AB2FA33B10EBF3108"><enum>(C)</enum><header>Educational
resources and guidance</header><text display-inline="yes-display-inline">The
administrator of a Proof of Concept Partnership program shall make educational
resources and guidance available to researchers attempting to commercialize
their innovations.</text>
</subparagraph></paragraph><paragraph id="H2DDC8FC086B144F9A625955073649DDD"><enum>(4)</enum><header>Awards</header>
<subparagraph id="HAEAD2CA471F24EE6AE9429B4A028CC99"><enum>(A)</enum><header>Size of
award</header><text>The Director may make awards to a qualifying institution
for up to $1,000,000 per year for up to 3 years.</text>
</subparagraph><subparagraph id="H3F0C6006FDFA432DAEFAC915CC183877"><enum>(B)</enum><header>Award
criteria</header><text>In determining which qualifying institutions receive
pilot program grants, the Director shall consider, in addition to any other
criteria the Director determines necessary, the extent to which qualifying
institutions—</text>
<clause id="H45006A33C8004C09AEFD99BB599BC88F"><enum>(i)</enum><text display-inline="yes-display-inline">have an established and proven technology
transfer or commercialization office and have a plan for engaging that office
in the program implementation;</text>
</clause><clause id="HF8B35F98496246FBA93F85534497F8A8"><enum>(ii)</enum><text>have
demonstrated a commitment to local and regional economic development;</text>
</clause><clause id="H801B9E7A70FD4A059F30E9129A097A24"><enum>(iii)</enum><text>are located in
diverse geographies and are of diverse sizes;</text>
</clause><clause id="H1E250B5DC8A145B3AE49AF92EB6570C0"><enum>(iv)</enum><text>can assemble
project management boards comprised of industry, start-up, venture capital,
technical, financial, and business experts;</text>
</clause><clause id="H2CFDF85E49554D2994C31FD2D0D19801"><enum>(v)</enum><text>have an
intellectual property rights strategy or office; and</text>
</clause><clause id="H3A8123B52CF24F489F0F9793055177FE"><enum>(vi)</enum><text display-inline="yes-display-inline">demonstrate a plan for sustainability
beyond the duration of the funding award.</text>
</clause></subparagraph></paragraph><paragraph id="HB4189CF760C844B09CA93ED60356019F"><enum>(5)</enum><header>Limitations</header><text display-inline="yes-display-inline">The funds for the pilot program shall not
be used—</text>
<subparagraph id="H2477D1B1136D4DA0A0F620A5509F334F"><enum>(A)</enum><text>for basic
research, but to evaluate the commercial potential of existing discoveries,
including—</text>
<clause id="H044E479F99B14B52A74DB9D11D2C4DFB"><enum>(i)</enum><text>proof of concept
research or prototype development; and</text>
</clause><clause id="H1749B1408A6D4243853BE399A926093A"><enum>(ii)</enum><text>activities that
contribute to determining a project’s commercialization path, to include
technical validations, market research, clarifying intellectual property
rights, and investigating commercial and business opportunities; or</text>
</clause></subparagraph><subparagraph id="HB0F3D907383042919E4BFA52D7D383EA"><enum>(B)</enum><text>to fund the
acquisition of research equipment or supplies unrelated to commercialization
activities.</text>
</subparagraph></paragraph><paragraph id="H7BBBDF48ECEF4D788930BDDCF0104856"><enum>(6)</enum><header>Evaluative
Report</header><text>The Director shall submit to the Committee on Science,
Space, and Technology and the Committee on Small Business of the House of
Representatives and the Committee on Small Business and Entrepreneurship of the
Senate an evaluative report regarding the activities of the pilot program. The
report shall include—</text>
<subparagraph id="H5DA770118D0B454A9F30C7496E1E7F59"><enum>(A)</enum><text>a detailed
description of the institutional and proposal selection process;</text>
</subparagraph><subparagraph id="H3C183BE31C0B46B7B9839AD55AF6536F"><enum>(B)</enum><text>an accounting of
the funds used in the pilot program;</text>
</subparagraph><subparagraph id="HE7BA92DE9C384C98B054319D14FF6B82"><enum>(C)</enum><text>a detailed
description of the pilot program, including incentives and activities
undertaken by review board experts;</text>
</subparagraph><subparagraph id="H39826244A28D4F6DB0F6A1039E47E1E8"><enum>(D)</enum><text>a detailed
compilation of results achieved by the pilot program, including the number of
small business concerns included and the number of business packages developed,
and the number of projects that progressed into subsequent STTR phases;
and</text>
</subparagraph><subparagraph id="H463531145D4547F790AD365602997451"><enum>(E)</enum><text>an analysis of
the program’s effectiveness with supporting data.</text>
</subparagraph></paragraph><paragraph id="HCAD788D613D2482AB839779D51222456"><enum>(7)</enum><header>Sunset</header><text>The
pilot program under this subsection shall terminate at the end of fiscal year
2014.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><enum>III</enum><header>OVERSIGHT AND
EVALUATION</header>
<section id="HA4C7FF13E932407D999CF12C22ADFEE1"><enum>301.</enum><header>Streamlining
annual evaluation requirements</header><text display-inline="no-display-inline">Section 9(b) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(b))
is amended—</text>
<paragraph id="H1636AFA54C684578ABAEBF69807DCE2A"><enum>(1)</enum><text>in paragraph
(7)—</text>
<subparagraph id="H9CF31E080A744712A27527090EC727E5"><enum>(A)</enum><text>by striking “STTR
programs, including the data” and inserting the following: “STTR programs,
including—</text>
<quoted-block changed="added" committee-id="HSM00" id="H73C86D1144BE44CE887B83904611E3E7" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="HA8C92A47453B4AD6952E18B47D918FFF"><enum>(A)</enum><text>the
data</text>
</subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HBCDDDA892B204B00A2B2C6EF1A58F137"><enum>(B)</enum><text>by striking
“(g)(10), (o)(9), and (o)(15), the number” and all that follows through “under
each of the SBIR and STTR programs, and a description” and inserting the
following: “(g)(8) and (o)(9);</text>
<quoted-block changed="added" committee-id="HSM00" id="H8CDC314D57E644868E5FA5B6CBB661FC" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H4D421BAC3EE6420DA5DE8C9D56259CA6"><enum>(B)</enum><text display-inline="yes-display-inline">the number of proposals received from, and
the number and total amount of awards to, HUBZone small business concerns and
firms with venture capital, hedge fund, or private equity firm investment
(including those majority-owned by multiple venture capital operating
companies, hedge funds, or private equity firms) under each of the SBIR and
STTR programs;</text>
</subparagraph><subparagraph id="HF46761C3948A4ED7BCC2DFB2269CA23B"><enum>(C)</enum><text>a description of
the extent to which each Federal agency is increasing outreach and awards to
firms owned and controlled by women and social or economically disadvantaged
individuals under each of the SBIR and STTR programs;</text>
</subparagraph><subparagraph id="H1D85ABFD729B48DABBB8D27FE8AA0A30"><enum>(D)</enum><text display-inline="yes-display-inline">general information about the
implementation of, and compliance with the allocation of funds required under,
subsection (dd) for firms owned in majority part by venture capital operating
companies, hedge funds, or private equity firms and participating in the SBIR
program;</text>
</subparagraph><subparagraph id="H8763DF241B6040E0A8F049E44392E30A"><enum>(E)</enum><text>a detailed
description of appeals of Phase III awards and notices of noncompliance with
the SBIR Policy Directive and the STTR Policy Directive filed by the
Administrator with Federal agencies; and</text>
</subparagraph><subparagraph id="HF49632295944438F9D2138154A639317"><enum>(F)</enum><text>a
description</text>
</subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph commented="no" id="HFD9163CB66654A25A115800298A25E44"><enum>(C)</enum><text>by striking
<quote>and</quote> at the end;</text>
</subparagraph></paragraph><paragraph commented="no" id="H5CBEC5C17F0B42D1B434E3829F754F02"><enum>(2)</enum><text>in paragraph (8),
by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</paragraph><paragraph id="H1E6C01035FCF4ECDA6431C22208923B8"><enum>(3)</enum><text>by inserting
after paragraph (8) the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="HF979176AB357494AA76119C7FA4E6ACB" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H1D7ADA0DC70D43DF8E8BB74AF306C52C"><enum>(9)</enum><text>to coordinate the
implementation of electronic databases at each of the Federal agencies
participating in the SBIR program or the STTR program, including the technical
ability of the participating agencies to electronically share
data.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HBDE380EEBCB74D1F9FB295F0A36BB8D6"><enum>302.</enum><header>Data
collection from agencies for SBIR</header><text display-inline="no-display-inline">Section 9(g) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(g)),
as amended by this Act, is further amended—</text>
<paragraph id="H4CF33B7EDCED4CC19028D7B4C0751F70"><enum>(1)</enum><text>by striking
paragraph (10);</text>
</paragraph><paragraph id="HF9FF34348A8447089E8D6273D41A9FD9"><enum>(2)</enum><text>by redesignating
paragraphs (8) and (9) as paragraphs (9) and (10), respectively; and</text>
</paragraph><paragraph id="HA39B21556B6D437EB208DE721E88FDA4"><enum>(3)</enum><text>by inserting
after paragraph (7) the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H0BE85424A2284CEEA05ACE108A38B8B7" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H6702C3F78CA84825BA1E9B4373397FBC"><enum>(8)</enum><text>collect annually,
and maintain in a common format in accordance with the simplified reporting
requirements under subsection (v), such information from awardees as is
necessary to assess the SBIR program, including information necessary to
maintain the database described in subsection (k), including—</text>
<subparagraph id="HF6515D399D304905ACBAD2ED34D0F2F6"><enum>(A)</enum><text>whether an
awardee—</text>
<clause id="H970ED06B54A84749A459FC212942A1AD"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment or is majority-owned by multiple venture capital
operating companies, hedge funds, or private equity firms, and, if so—</text>
<subclause id="HBF2F2E0ECA224BD9A1465A3784A1BBAC"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment that the awardee has received as of the date
of the award; and</text>
</subclause><subclause id="H7EC7FBE23EB645CA8DC236B18C5A878E"><enum>(II)</enum><text>the amount of
additional capital that the awardee has invested in the SBIR technology;</text>
</subclause></clause><clause id="HC72EB1144E27450B9EADB0EBB6B2569D"><enum>(ii)</enum><text>has an investor
that—</text>
<subclause id="H970541567A67465BB55B20E8CEB8CB60"><enum>(I)</enum><text>is an individual
who is not a citizen of the United States or a lawful permanent resident of the
United States, and if so, the name of any such individual; or</text>
</subclause><subclause id="H8A62A2CB3418469E84473C2CBE5B50AA"><enum>(II)</enum><text>is a person that
is not an individual and is not organized under the laws of a State or the
United States, and if so the name of any such person;</text>
</subclause></clause><clause id="H98CD36786DA54759AA47FB839A579511"><enum>(iii)</enum><text>is owned by a
woman or has a woman as a principal investigator;</text>
</clause><clause id="H58F68D7F75FE4232872E337E2E4B8E38"><enum>(iv)</enum><text>is owned by a
socially or economically disadvantaged individual or has a socially or
economically disadvantaged individual as a principal investigator;</text>
</clause><clause id="H018D42AA80BB4B60B28546885BDD64CE"><enum>(v)</enum><text>is a faculty
member or a student of an institution of higher education, as that term is
defined in section 101 of the <act-name parsable-cite="HEA65">Higher Education
Act of 1965</act-name> (20 U.S.C. 1001); or</text>
</clause><clause id="H502315F4F1964E7694D6C3A961754CE4"><enum>(vi)</enum><text>is located in a
State described in subsection (u)(3); and</text>
</clause></subparagraph><subparagraph id="HB700DA054A8D4701A563D21A11BDF3ED"><enum>(B)</enum><text>a justification
statement from the agency, if an awardee receives an award in an amount that is
more than the award guidelines under this
section;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HC57CAB149D814ED2AFA56CF1AF067436"><enum>303.</enum><header>Data
collection from agencies for STTR</header><text display-inline="no-display-inline">Section 9(o) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(o)),
as amended by this Act, is further amended by striking paragraph (9) and
inserting the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H184E4A65932B452D97194F4515FAEEDA" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H241D8951D1E34BFEB84A9D2D3C658DD9"><enum>(9)</enum><text>collect annually,
and maintain in a common format in accordance with the simplified reporting
requirements under subsection (v), such information from applicants and
awardees as is necessary to assess the STTR program outputs and outcomes,
including information necessary to maintain the database described in
subsection (k), including—</text>
<subparagraph id="H4C30AE1FF77447A28C597B5381FD2695"><enum>(A)</enum><text>whether an
applicant or awardee—</text>
<clause id="H5A4A9B86853946C19F7A275071DE2B53"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment or is majority-owned by multiple venture capital
operating companies, hedge funds, or private equity firms, and, if so—</text>
<subclause id="HBC661E7A558A48A3A02F412FBCC6BD03"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment that the applicant or awardee has received as
of the date of the application or award, as applicable; and</text>
</subclause><subclause id="HF229249A9D3A44BD9D94A68F90ACC4AA"><enum>(II)</enum><text>the amount of
additional capital that the applicant or awardee has invested in the SBIR
technology;</text>
</subclause></clause><clause id="H6ACF03CD86B24A41B4D096CF97D1C508"><enum>(ii)</enum><text>has an investor
that—</text>
<subclause id="H5516B8FF25104829B35E0F19FD0A977D"><enum>(I)</enum><text>is an individual
who is not a citizen of the United States or a lawful permanent resident of the
United States, and if so, the name of any such individual; or</text>
</subclause><subclause id="HD56DE967C96E4A45B2829201616394BB"><enum>(II)</enum><text>is a person that
is not an individual and is not organized under the laws of a State or the
United States, and if so the name of any such person;</text>
</subclause></clause><clause id="HD7EB8BA5CCBA44B8838AB94677B2D375"><enum>(iii)</enum><text>is owned by a
woman or has a woman as a principal investigator;</text>
</clause><clause id="H49447AB264A34A8F9A41B107DFB087FA"><enum>(iv)</enum><text>is owned by a
socially or economically disadvantaged individual or has a socially or
economically disadvantaged individual as a principal investigator;</text>
</clause><clause id="H7EAE3D35109841FCA3EEB2D045565A3C"><enum>(v)</enum><text>is a faculty
member or a student of an institution of higher education, as that term is
defined in section 101 of the <act-name parsable-cite="HEA65">Higher Education
Act of 1965</act-name> (20 U.S.C. 1001); or</text>
</clause><clause id="H725A2841A08147B8BD30282B9B99B1A8"><enum>(vi)</enum><text>is located in a
State in which the total value of contracts awarded to small business concerns
under all STTR programs is less than the total value of contracts awarded to
small business concerns in a majority of other States, as determined by the
Administrator in biennial fiscal years, beginning with fiscal year 2008, based
on the most recent statistics compiled by the Administrator; and</text>
</clause></subparagraph><subparagraph id="H56976953A19C444B9435B536583ABEC5"><enum>(B)</enum><text>if an awardee
receives an award in an amount that is more than the award guidelines under
this section, a statement from the agency that justifies the award
amount;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HF79243496E7541F5AF0D49EE697AF786"><enum>304.</enum><header>Public
database</header><text display-inline="no-display-inline">Section 9(k)(1) of
the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(k)(1)) is amended—</text>
<paragraph id="H0B13D853047A49B2AA6D22BE28A329AC"><enum>(1)</enum><text>in subparagraph
(D), by striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="H5EF06FBC19A2482F82F7DBA394F01E44"><enum>(2)</enum><text>in subparagraph
(E), by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</paragraph><paragraph id="H40F8B62BC7BA49D6938D2DD0835520D5"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H67873B0AE5DD40EF8F7CE157A3E69CBD" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H58E96D2285124B0EA131C6A39583E2FC"><enum>(F)</enum><text>for each small
business concern that has received a Phase I or Phase II SBIR or STTR award
from a Federal agency, whether the small business concern—</text>
<clause id="HF8D7A1935FE8414DA8A452F3A7426989"><enum>(i)</enum><text display-inline="yes-display-inline">has venture capital, hedge fund, or private
equity firm investment and, if so, whether the small business concern is
registered as majority-owned by multiple venture capital operating companies,
hedge funds, or private equity firms as required under subsection
(dd)(3);</text>
</clause><clause id="HA97179032DE6477FBC4E98E289D16CB2"><enum>(ii)</enum><text>is owned by a
woman or has a woman as a principal investigator;</text>
</clause><clause id="H9B70527D5EA14824B438AC0F2B13B6E7"><enum>(iii)</enum><text>is owned by a
socially or economically disadvantaged individual or has a socially or
economically disadvantaged individual as a principal investigator; or</text>
</clause><clause id="H2B1EBABCD2A44EF89119CC9FC129E1E6"><enum>(iv)</enum><text>is owned by a
faculty member or a student of an institution of higher education, as that term
is defined in section 101 of the <act-name parsable-cite="HEA65">Higher
Education Act of 1965</act-name> (20 U.S.C.
1001).</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="HCBD09450CDE44CC586C37FBCEF82C3BD"><enum>305.</enum><header>Government
database</header><text display-inline="no-display-inline">Section 9(k) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638(k))
is amended—</text>
<paragraph id="H9F3D762F8441438AABE6C91E10195DDB"><enum>(1)</enum><text>in paragraph
(2)—</text>
<subparagraph id="H6D6C041308074C0DB3E668DD8A7898BA"><enum>(A)</enum><text>in the matter
preceding subparagraph (A), by striking <quote>Not later</quote> and all that
follows through <quote>Act of 2000</quote> and inserting <quote>Not later than
90 days after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011</quote>;</text>
</subparagraph><subparagraph id="HB49E7AD9436745C9BB1BC70D4BF71681"><enum>(B)</enum><text>by striking
subparagraph (C);</text>
</subparagraph><subparagraph id="H304813692D8C4C1AAAF8E589A6E50031"><enum>(C)</enum><text>by redesignating
subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively;</text>
</subparagraph><subparagraph id="HA65A6917F7F54FF685A1A5EF0B208355"><enum>(D)</enum><text>by inserting
before subparagraph (B), as so redesignated, the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H206B52B706D1468B940ECD037F7B5ABC" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H161C4CF184B14866B6F74E6D2C9806D2"><enum>(A)</enum><text>contains, for
each small business concern that applies for, submits a proposal for, or
receives an award under Phase I or Phase II of the SBIR program or the STTR
program—</text>
<clause id="HE730FDA2F8E149DFA8E718F70FB77308"><enum>(i)</enum><text>the name, size,
and location, and an identifying number assigned by the Administration of the
small business concern;</text>
</clause><clause id="H58314AE255DB43948FE70DE1F1961CA5"><enum>(ii)</enum><text>an abstract of
the project;</text>
</clause><clause id="HFC2228A76BC34248A3AA6999B1FC8C12"><enum>(iii)</enum><text>the specific
aims of the project;</text>
</clause><clause id="H1893788A1FA44D678DDC940E5D333F18"><enum>(iv)</enum><text>the number of
employees of the small business concern;</text>
</clause><clause id="HA1EC6A66E43C40FDB03F7CD9AC46E6EA"><enum>(v)</enum><text display-inline="yes-display-inline">the names and titles of the key individuals
that will carry out the project, the position each key individual holds in the
small business concern, and contact information for each key individual;</text>
</clause><clause id="H06BFF92313A94CD48D4D0ADE70244255"><enum>(vi)</enum><text>the percentage
of effort each individual described in clause (iv) will contribute to the
project;</text>
</clause><clause id="H82CA78EB112C48E49C5E9EAAC728D0AB"><enum>(vii)</enum><text display-inline="yes-display-inline">whether the small business concern is
majority-owned by multiple venture capital operating companies, hedge funds, or
private equity firms; and</text>
</clause><clause id="H66CD4E279E604C1CAC952A3FE1CB70AA"><enum>(viii)</enum><text>the Federal
agency to which the application is made, and contact information for the person
or office within the Federal agency that is responsible for reviewing
applications and making awards under the SBIR program or the STTR
program;</text>
</clause></subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HFC458EF84E964F188983940095F03C97"><enum>(E)</enum><text>by redesignating
subparagraphs (D) and (E) as subparagraphs (E) and (F), respectively;</text>
</subparagraph><subparagraph id="H7C89296D6CEB42E19C3BEB53E18A5720"><enum>(F)</enum><text>by inserting
after subparagraph (C), as so redesignated, the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H66F1FB464B554A4A9DE50808862CE01E" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H6C728051CE944EB18AE71D2076C906CF"><enum>(D)</enum><text>includes, for
each awardee—</text>
<clause id="H22AC6071E47F4627B6D16077A75C197D"><enum>(i)</enum><text>the name, size,
location, and any identifying number assigned to the awardee by the
Administrator;</text>
</clause><clause id="H54CAEBF43C0B48CFB3EE2C5E1E974A35"><enum>(ii)</enum><text display-inline="yes-display-inline">whether the awardee has venture capital,
hedge fund, or private equity firm investment, and, if so—</text>
<subclause id="HC641B7964B7B4175B8AE6632DDC529C7"><enum>(I)</enum><text display-inline="yes-display-inline">the amount of venture capital, hedge fund,
or private equity firm investment as of the date of the award;</text>
</subclause><subclause id="HBABCE2EA4B974D6BBFEE36A963A8DDB7"><enum>(II)</enum><text>the percentage
of ownership of the awardee held by a venture capital operating company, hedge
fund, or private equity firm, including whether the awardee is majority-owned
by multiple venture capital operating companies, hedge funds, or private equity
firms; and</text>
</subclause><subclause id="H0D01F938069D4157B2E489C9512E586E"><enum>(III)</enum><text>the amount of
additional capital that the awardee has invested in the SBIR technology, which
information shall be collected on an annual basis;</text>
</subclause></clause><clause id="H95DF017177134EA8B1F92187CD7FC131"><enum>(iii)</enum><text>the names and
locations of any affiliates of the awardee;</text>
</clause><clause id="H459B74D360904429BB80538E528E5874"><enum>(iv)</enum><text>the number of
employees of the awardee;</text>
</clause><clause id="HE4CAF72886A4496B859D1461F551C212"><enum>(v)</enum><text>the number of
employees of the affiliates of the awardee; and</text>
</clause><clause id="HF835BC87DD0A447AB7626317424E6EA1"><enum>(vi)</enum><text>the names of,
and the percentage of ownership of the awardee held by—</text>
<subclause id="H668A55278F4E448A8905B54589BDE4F4"><enum>(I)</enum><text>any individual
who is not a citizen of the United States or a lawful permanent resident of the
United States; or</text>
</subclause><subclause id="HE09ED001A26549659E19EB78353F5562"><enum>(II)</enum><text>any person that
is not an individual and is not organized under the laws of a State or the
United
States;</text>
</subclause></clause></subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HB6E2D8C8B56E4AC48E3F676B5CDB1A2C"><enum>(G)</enum><text>in subparagraph
(E), as so redesignated, by striking <quote>and</quote> at the end;</text>
</subparagraph><subparagraph id="H2E965D6004CB4FF4980316E899E7FFC0"><enum>(H)</enum><text>in subparagraph
(F), as so redesignated, by striking the period at the end and inserting
<quote>; and</quote>; and</text>
</subparagraph><subparagraph id="H97FEB8FA43E74F9BA949CC292D92BA0B"><enum>(I)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H605317199611433DBA8995065961F61D" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="HC66BA6C7233D4344BFB96893DCA09C4D"><enum>(G)</enum><text display-inline="yes-display-inline">includes a timely and accurate list of any
individual or small business concern that has participated in the SBIR program
or STTR program that has been—</text>
<clause id="H6479D1D45A864B7E8CDFD53D115F63CB"><enum>(i)</enum><text>convicted of a
fraud-related crime involving funding received under the SBIR program or STTR
program; or</text>
</clause><clause id="H31A1C03BCDCC4E8396A2D43E58F66D22"><enum>(ii)</enum><text>found civilly
liable for a fraud-related violation involving funding received under the SBIR
program or STTR program.</text>
</clause></subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HE15EA4ECB28E455D8954C0301363C4F9"><enum>(2)</enum><text>in paragraph (3),
by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H5957774CA3B74B788ABFC42ADE9EC080" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H72FC4E2D86FA40B49C7277DC53F33939"><enum>(C)</enum><header>Government
database</header><text>Not later than 60 days after the date established by a
Federal agency for submitting applications or proposals for a Phase I or Phase
II award under the SBIR program or STTR program, the head of the Federal agency
shall submit to the Administrator the data required under paragraph (2) with
respect to each small business concern that applies or submits a proposal for
the Phase I or Phase II
award.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H1B725C12E93E4B63815FFDE7B90322B8"><enum>306.</enum><header>Accuracy in
funding base calculations</header>
<subsection id="HBAD7D6AC5FAB47B3B06A91046D8A1798"><enum>(a)</enum><header>In
General</header><text>Not later than 1 year after the date of enactment of this
Act, and every year thereafter until the date that is 5 years after the date of
enactment of this Act, the Comptroller General of the United States
shall—</text>
<paragraph id="H76645D64FA3547E3BB16A5ED85541B65"><enum>(1)</enum><text>conduct a fiscal
and management audit of the SBIR program and the STTR program for the
applicable period to—</text>
<subparagraph id="H332B80DD0C124A17AFF49D7CB6C22D73"><enum>(A)</enum><text>determine whether
Federal agencies comply with the expenditure amount requirements under
subsections (f)(1) and (n)(1) of section 9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as amended
by this Act;</text>
</subparagraph><subparagraph id="HB3188CB68E1140DDAAB838FA0B3A5F86"><enum>(B)</enum><text>assess the extent
of compliance with the requirements of section 9(i)(2) of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638(i)(2)) by Federal agencies participating in the SBIR program or the STTR
program and the Administration; and</text>
</subparagraph><subparagraph id="H4A1E58AE5BBB41888C4CCC988E76596E"><enum>(C)</enum><text>determine the
portion of the extramural research or research and development budget of a
Federal agency that each Federal agency spends for administrative purposes
relating to the SBIR program or STTR program, and for what specific purposes,
including the portion, if any, of such budget the Federal agency spends for
salaries and expenses, travel to visit applicants, outreach events, marketing,
and technical assistance; and</text>
</subparagraph></paragraph><paragraph id="HC9ADDAD7221A43608D84F6CFAB9D9267"><enum>(2)</enum><text>submit a report
to the Committee on Small Business and Entrepreneurship of the Senate and the
Committee on Small Business and the Committee on Science, Space, and Technology
of the House of Representatives regarding the audit conducted under paragraph
(1), including the assessments required under subparagraph (B), and the
determination made under subparagraph (C) of paragraph (1).</text>
</paragraph></subsection><subsection id="H170A6BB09894449090D9A179DB6DD02D"><enum>(b)</enum><header>Definition of
Applicable Period</header><text>In this section, the term <term>applicable
period</term> means—</text>
<paragraph id="HB6177B94DBA041969B7917D5C1742E2E"><enum>(1)</enum><text>for the first
report submitted under this section, the period beginning on October 1, 2005,
and ending on September 30 of the last full fiscal year before the date of
enactment of this Act for which information is available; and</text>
</paragraph><paragraph id="H6DE0ED737010482F9271CDDF7F3CC98E"><enum>(2)</enum><text>for the second
and each subsequent report submitted under this section, the period—</text>
<subparagraph id="H8778D9ABECB74A609771A4B69D4F252C"><enum>(A)</enum><text>beginning on
October 1 of the first fiscal year after the end of the most recent full fiscal
year relating to which a report under this section was submitted; and</text>
</subparagraph><subparagraph id="H420FBE83882A422E937E10B81E4634AA"><enum>(B)</enum><text>ending on
September 30 of the last full fiscal year before the date of the report.</text>
</subparagraph></paragraph></subsection></section><section id="H719DC25288EA465A9DC34D2EC30409E7"><enum>307.</enum><header>Continued
evaluation by the National Academy of Sciences</header><text display-inline="no-display-inline">Section 108 of the Small Business
Reauthorization Act of 2000 (15 U.S.C. 638 note) is amended by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H353616AABFA141EC9AF28EB7491049EF" reported-display-style="boldface-roman" style="OLC">
<subsection id="H537921B6E124489E8D8F0573B7B23FEE"><enum>(e)</enum><header>Extensions and
enhancements of authority</header>
<paragraph id="HC280736C8DC5430B975EA4F157BE8D0D"><enum>(1)</enum><header>In
general</header><text>Not later than 6 months after the date of enactment of
the Creating Jobs Through Small Business Innovation Act of 2011, the head of
each agency described in subsection (a), in consultation with the Small
Business Administration, shall cooperatively enter into an agreement with the
National Academy of Sciences for the National Research Council to, not later
than 4 years after the date of enactment of the Creating Jobs Through Small
Business Innovation Act of 2011, and every 4 years thereafter—</text>
<subparagraph id="H1B1342A37B8845B5B355C3FAE8498CE8"><enum>(A)</enum><text>continue the most
recent study under this section relating to the issues described in
subparagraphs (A), (B), (C), and (E) of subsection (a)(1);</text>
</subparagraph><subparagraph id="H14F0C5F0E5384B5EA6A1C57D126E4FCB"><enum>(B)</enum><text>conduct a
comprehensive study of how the STTR program has stimulated technological
innovation and technology transfer, including—</text>
<clause id="H80752D7B83D14025AE4804455F73F44A"><enum>(i)</enum><text>a review of the
collaborations created between small businesses and research institutions,
including an evaluation of the effectiveness of the program in stimulating new
collaborations and any obstacles that may prevent or inhibit the creation of
such collaborations;</text>
</clause><clause id="HCB472A41B264426BB1DAC66CA34D4574"><enum>(ii)</enum><text>an evaluation of
the effectiveness of the program at transferring technology and capabilities
developed through Federal funding;</text>
</clause><clause id="HFB358826DF5B4FF5A9029BA33ED5F75E"><enum>(iii)</enum><text>an evaluation
of the program’s success at commercializing technologies compared with other
Federal technology transfer programs and the SBIR program;</text>
</clause><clause id="HA61A971608C44C34B14D9454EB9A677E"><enum>(iv)</enum><text>to the extent
practicable, an evaluation of the economic benefits achieved by the STTR
program, including the economic rate of return;</text>
</clause><clause id="HD213A8A107EB44DFA4D3770D5D880CF6"><enum>(v)</enum><text>an analysis of
how Federal agencies are using small businesses that have completed Phase II
under the STTR program to fulfill their procurement needs; and</text>
</clause><clause id="HED1A772A2B0D431FA07F4F136903811E"><enum>(vi)</enum><text>an analysis of
whether the existing STTR allocation has impacted the effectiveness of the
program in achieving its goals;</text>
</clause></subparagraph><subparagraph id="H70AAC313802F49FF8660D8AB5DAA7CF5"><enum>(C)</enum><text>make
recommendations with respect to the issues described in subparagraph (A), (D),
and (E) of subsection (a)(2) and subparagraph (B) of this paragraph; and</text>
</subparagraph><subparagraph id="H6958CA89041A46F9AE8CB0425F5F9011"><enum>(D)</enum><text>estimate, to the
extent practicable, the number of jobs created by the SBIR program or STTR
program of the agency.</text>
</subparagraph></paragraph><paragraph id="H37650E4319F747D182808830583AC6B5"><enum>(2)</enum><header>Consultation</header><text>An
agreement under paragraph (1) shall require the National Research Council to
ensure that there is participation by and consultation with the small business
community, the Administration, and other interested parties as described in
subsection (b).</text>
</paragraph><paragraph id="H70BD57B96C034C42AFF8F11190DA4233"><enum>(3)</enum><header>Reporting</header><text>An
agreement under paragraph (1) shall require that—</text>
<subparagraph id="H2C329E06429841BD92699666CCEFFEFE"><enum>(A)</enum><text>not later than 4
years after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011, and every 4 years thereafter, the National Research
Council shall submit to the head of the agency entering into the agreement, the
Committee on Small Business and Entrepreneurship of the Senate, and the
Committee on Small Business and the Committee on Science, Space, and Technology
of the House of Representatives, a report regarding the study conducted under
paragraph (1) and containing the recommendations described in paragraph (1);
and</text>
</subparagraph><subparagraph id="HD0F397D54349448F8F010ACB33369E42"><enum>(B)</enum><text>not later than 2
years after the date of enactment of the Creating Jobs Through Small Business
Innovation Act of 2011, the National Research Council shall submit to the head
of the agency entering into the agreement, the Committee on Small Business and
Entrepreneurship of the Senate, and the Committee on Small Business and the
Committee on Science, Space, and Technology of the House of Representatives, a
report of preliminary findings and recommendations regarding the study
conducted under paragraph
(1)(B).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H1B64888BEF3A46F9B051A6EA26BD685B"><enum>308.</enum><header>Technology
insertion reporting requirements</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H0554AA4F6A0144ABB859C17A0A27B876" reported-display-style="boldface-roman" style="OLC">
<subsection id="H40EE6270E4D348B8918F1DA2477341A7"><enum>(ll)</enum><header>Phase III
Reporting</header><text>The annual SBIR or STTR report to Congress by the
Administration under subsection (b)(7) shall include, for each Phase III award
made by the Federal agency—</text>
<paragraph id="H27A9AF1955364EFB918C7C945D8E3191"><enum>(1)</enum><text>the name of the
agency or component of the agency or the non-Federal source of capital making
the Phase III award;</text>
</paragraph><paragraph id="H038EB13BE45B4245A5E525D284141B23"><enum>(2)</enum><text>the name of the
small business concern or individual receiving the Phase III award; and</text>
</paragraph><paragraph id="HAC2AFB71A3D34DF09633FF0DD98C534D"><enum>(3)</enum><text>the dollar amount
of the Phase III
award.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HA129F025BAE54696B6AD7AB9B8356162"><enum>309.</enum><header>Obtaining
consent from SBIR and STTR applicants to release contact information to
economic development organizations</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="H41234949622E484AA024052A9760E05C" reported-display-style="boldface-roman" style="OLC">
<subsection id="H8DBD06B2FB0044608BDDA90A7913DA58"><enum>(mm)</enum><header>Consent To
Release Contact Information to Organizations</header>
<paragraph id="H74CCF9F18F804E7185E5B065668AE5F0"><enum>(1)</enum><header>Enabling
concern to give consent</header><text>Each Federal agency required by this
section to conduct an SBIR program or an STTR program shall enable a small
business concern that is an SBIR applicant or an STTR applicant to indicate to
the Federal agency whether the Federal agency has the consent of the concern
to—</text>
<subparagraph id="HC40137497B2D44509B27BDDF38C9083A"><enum>(A)</enum><text>identify the
concern to appropriate local and State-level economic development organizations
as an SBIR applicant or an STTR applicant; and</text>
</subparagraph><subparagraph id="H0C2D09C04D7440ECB1CD521420087346"><enum>(B)</enum><text>release the
contact information of the concern to such organizations.</text>
</subparagraph></paragraph><paragraph id="HA8664D92EA554035A7E9566E38888188"><enum>(2)</enum><header>Rules</header><text>The
Administrator shall establish rules to implement this subsection. The rules
shall include a requirement that a Federal agency include in the SBIR and STTR
application a provision through which the applicant can indicate consent for
purposes of paragraph
(1).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H979A3B2BD77D45D196666361125E3F79"><enum>310.</enum><header>Pilot to allow
funding for administrative, oversight, and contract processing costs</header>
<subsection id="H278B9F6BDD72413DA745200858138BEF"><enum>(a)</enum><header>In
General</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HBA1819CB43354DB09480F412D1E94F73" reported-display-style="boldface-roman" style="OLC">
<subsection id="HE208E9524D8B4D13B231C735A0CBB56F"><enum>(nn)</enum><header>Assistance for
Administrative, Oversight, and Contract Processing Costs</header>
<paragraph id="H30084F46F4244A28AFF594640FF70E4A"><enum>(1)</enum><header>In
general</header><text>Subject to paragraph (2), for the 3 full fiscal years
beginning after the date of enactment of this subsection, the Administrator
shall allow each Federal agency required to conduct an SBIR program to use not
more than 3 percent of the funds allocated to the SBIR program of the Federal
agency for—</text>
<subparagraph id="H126BE7BA3BA049AEBB415CE5873B604E"><enum>(A)</enum><text>the
administration of the SBIR program or the STTR program of the Federal
agency;</text>
</subparagraph><subparagraph id="H72FBF1FF0D304DD68418CAAA807E4AC2"><enum>(B)</enum><text>the provision of
outreach and technical assistance relating to the SBIR program or STTR program
of the Federal agency, including technical assistance site visits and personnel
interviews;</text>
</subparagraph><subparagraph id="HC5CFF3D5EDD24DA0B72FAE66529D3D71"><enum>(C)</enum><text>the
implementation of commercialization and outreach initiatives that were not in
effect on the date of enactment of this subsection;</text>
</subparagraph><subparagraph id="H8A82CC2234C24B6799CCCF29E761C1FE"><enum>(D)</enum><text>carrying out the
program under subsection (y);</text>
</subparagraph><subparagraph id="H58A53E5FB8A443E7B3AA6B4AC9F6763C"><enum>(E)</enum><text display-inline="yes-display-inline">activities relating to oversight and
congressional reporting, including waste, fraud, and abuse prevention
activities;</text>
</subparagraph><subparagraph id="H4A206870E24A44359760CCF5226D63D2"><enum>(F)</enum><text>targeted reviews
of recipients of awards under the SBIR program or STTR program of the Federal
agency that the head of the Federal agency determines are at high risk for
fraud, waste, or abuse, to ensure compliance with requirements of the SBIR
program or STTR program, respectively;</text>
</subparagraph><subparagraph id="H6419C372C05A4FD5BEE9860DA8310103"><enum>(G)</enum><text>the
implementation of oversight and quality control measures, including
verification of reports and invoices and cost reviews;</text>
</subparagraph><subparagraph id="H8B2006538AB044FE89498034797E6E48"><enum>(H)</enum><text>carrying out
subsection (dd);</text>
</subparagraph><subparagraph id="H8A9EB0D9F53B4BEA89B3D0510AE636A5"><enum>(I)</enum><text>carrying out
subsection (hh);</text>
</subparagraph><subparagraph id="H0F7A7911B79D485287EA0D1CB30B7265"><enum>(J)</enum><text>contract
processing costs relating to the SBIR program or STTR program of the Federal
agency; and</text>
</subparagraph><subparagraph id="H30D319D32F9242E187D1E4D6D3499056"><enum>(K)</enum><text>funding for
additional personnel and assistance with application reviews.</text>
</subparagraph></paragraph><paragraph id="H5F0DCA32ED32469395A97B9D2E0CB56D"><enum>(2)</enum><header>Performance
criteria</header><text>A Federal agency may not use funds as authorized under
paragraph (1) until after the effective date of performance criteria, which the
Administrator shall establish, to measure any benefits of using funds as
authorized under paragraph (1) and to assess continuation of the authority
under paragraph (1).</text>
</paragraph><paragraph id="H66C074E40E8D4171957F29C5606E9BBE"><enum>(3)</enum><header>Rules</header><text>Not
later than 180 days after the date of enactment of this subsection, the
Administrator shall issue rules to carry out this subsection.</text>
</paragraph><paragraph id="H18DCED464C404DDD8829380BC42CA101"><enum>(4)</enum><header>Coordination
with IG</header><text>Each Federal agency shall coordinate the activities
funded under subparagraph (E), (F), or (G) of paragraph (1) with their
respective Inspectors General, when appropriate, and each Federal agency that
allocates more than $50,000,000 to the SBIR program of the Federal agency for a
fiscal year may share such funding with its Inspector General when the
Inspector General performs such
activities.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HBFF7DF6D762A4C8690216A574AF9223B"><enum>(b)</enum><header>Technical and
Conforming Amendments</header>
<paragraph id="HF015352E62A44B8A8AF2F5163F364AD3"><enum>(1)</enum><header>In
general</header><text>Section 9 of the <act-name parsable-cite="SBA">Small
Business Act</act-name> (15 U.S.C. 638), as amended by this Act, is further
amended—</text>
<subparagraph id="H923147FCC595427F985E3228C91B9AF8"><enum>(A)</enum><text>in subsection
(f)(2), by striking <quote>shall not</quote> and all that follows through
<quote>make available for the purpose</quote> and inserting <quote>shall not
make available for the purpose</quote>; and</text>
</subparagraph><subparagraph id="H5A4ED4D4D52B45B79A53B343D3857E04"><enum>(B)</enum><text>in subsection
(y)—</text>
<clause id="H208C044D9FDA41DD8A46D753C7C9AB9E"><enum>(i)</enum><text>by striking
paragraph (4);</text>
</clause><clause id="HEC09F69595F14A378E64560D5C8E455D"><enum>(ii)</enum><text display-inline="yes-display-inline">by redesignating paragraphs (5), (6), and
(7) as paragraphs (4), (5), and (6), respectively; and</text>
</clause><clause id="H14DEA973148F43D8BD18EAB73E20DA37"><enum>(iii)</enum><text>in paragraph
(6), as so redesignated, by striking <quote>described in paragraph
(6)(C)</quote> and inserting <quote>described in paragraph
(5)(C)</quote>.</text>
</clause></subparagraph></paragraph><paragraph id="H61006310B4EF418FAEE3747EA7034167"><enum>(2)</enum><header>Transitional
rule</header><text>Notwithstanding the amendments made by paragraph (1),
subsection (f)(2) and (y)(4) of section 9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as in effect
on the day before the date of enactment of this Act, shall continue to apply to
each Federal agency until the effective date of the performance criteria
established by the Administrator under subsection (nn)(2) of section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name>, as added by
subsection (a).</text>
</paragraph><paragraph id="H34F61AE063194FC1A9F5C7762CF436B5"><enum>(3)</enum><header>Prospective
repeal</header><text>Effective on the first day of the fourth full fiscal year
following the date of enactment of this Act, section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by paragraph (1) of this section, is amended—</text>
<subparagraph id="H74EBC81BE32A4CDF9D7AFB8BE73AA1BA"><enum>(A)</enum><text>in subsection
(f)(2), by striking “shall not make available for the purpose” and inserting
the following: “shall not—</text>
<quoted-block changed="added" committee-id="HSM00" id="H31BB9EC0DD4C45F48EB894655E2713FA" reported-display-style="boldface-roman" style="OLC">
<subparagraph id="H800996B2ADA94A5ABA74182B2616DA9A"><enum>(A)</enum><text>use any of its
SBIR budget established pursuant to paragraph (1) for the purpose of funding
administrative costs of the program, including costs associated with salaries
and expenses; or</text>
</subparagraph><subparagraph id="H9BE974315CC64903A779F3692F16DAFF"><enum>(B)</enum><text>make available
for the purpose</text>
</subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HCE71133FFC374054A7DD0DA4B5D1198C"><enum>(B)</enum><text>in subsection
(y)—</text>
<clause id="H92C88AF466BF463DA120BFB76E20BEF8"><enum>(i)</enum><text display-inline="yes-display-inline">by redesignating paragraphs (4), (5), and
(6) as paragraphs (5), (6), and (7), respectively;</text>
</clause><clause id="HCF9BC709483E41D191C4FCA7C763FB81"><enum>(ii)</enum><text>in paragraph
(7), as so redesignated, by striking <quote>described in paragraph
(5)(C)</quote> and inserting <quote>described in paragraph (6)(C)</quote>;
and</text>
</clause><clause id="H1036385AF3BB4A1E938567D1B51601EA"><enum>(iii)</enum><text>by inserting
after paragraph (3) the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H702444DFEB7E41A9A05CF5CBA3E95D52" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H3319B9B995FA4BE9ADBA983D6EED7B2D"><enum>(4)</enum><header>Funding</header>
<subparagraph id="H8C7E3301A144443ABECACC6456A48007"><enum>(A)</enum><header>In
general</header><text>The Secretary of Defense and each Secretary of a military
department may use not more than an amount equal to 1 percent of the funds
available to the Department of Defense or the military department pursuant to
the Small Business Innovation Research Program for payment of expenses incurred
to administer the Commercialization Pilot Program under this subsection.</text>
</subparagraph><subparagraph id="HC8F7D706DA5E43AA9BE7E052FDEAFADA"><enum>(B)</enum><header>Limitations</header><text>The
funds described in subparagraph (A)—</text>
<clause id="HD1997607550349DB8E876687D64FF75A"><enum>(i)</enum><text>shall not be
subject to the limitations on the use of funds in subsection (f)(2); and</text>
</clause><clause id="H70558DFE16A9466B951E647DFE32D5A2"><enum>(ii)</enum><text>shall not be
used to make Phase III
awards.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</clause></subparagraph></paragraph></subsection></section><section id="H27A8B5D7A82543CEA89F1BA46776D8FE"><enum>311.</enum><header>GAO study with
respect to venture capital operating company, hedge fund, and private equity
firm involvement</header><text display-inline="no-display-inline">Not later
than 2 years after the date of enactment of this Act, and every 2 years
thereafter, the Comptroller General of the United States shall—</text>
<paragraph id="HD6630764633E4C66847D306545A6F7E3"><enum>(1)</enum><text display-inline="yes-display-inline">conduct a study of the impact of
requirements relating to venture capital operating company, hedge fund, and
private equity firm involvement under section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name>; and</text>
</paragraph><paragraph id="HD9EC23EB5EA14A25BC43E2318D370638"><enum>(2)</enum><text>submit to
Congress a report regarding the study conducted under paragraph (1).</text>
</paragraph></section><section id="H58FACB193C1B4BF7912210BFF3E294A3"><enum>312.</enum><header>Reducing
vulnerability of SBIR and STTR programs to fraud, waste, and abuse</header>
<subsection id="HE086DD0E29964F9E8EF24E66C23EA5AD"><enum>(a)</enum><header>Fraud, Waste,
and Abuse Prevention</header>
<paragraph id="H72D6D80AF30B48949B8589F58E46153C"><enum>(1)</enum><header>Amendments
required for fraud, waste, and abuse prevention</header><text>Not later than 90
days after the date of enactment of this Act, the Administrator shall amend the
SBIR Policy Directive and the STTR Policy Directive to include measures to
prevent fraud, waste, and abuse in the SBIR program and the STTR
program.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H51E20F5B8EB14FA88744850E1E4C593B"><enum>(2)</enum><header display-inline="yes-display-inline">Content of amendments</header><text display-inline="yes-display-inline">The amendments required under paragraph (1)
shall include—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="HCB0ED6834F6F413787E2FDDDEE908346"><enum>(A)</enum><text display-inline="yes-display-inline">definitions or descriptions of fraud,
waste, and abuse;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HF9ADCDAC9A664BFDA93707E31DBAE4AF"><enum>(B)</enum><text display-inline="yes-display-inline">guidelines for the monitoring and oversight
of applicants to and recipients of awards under the SBIR program or the STTR
program;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H2C444DABFFDB472E8C130A3ACF435712"><enum>(C)</enum><text display-inline="yes-display-inline">a requirement that each Federal agency that
participates in the SBIR program or STTR program include information concerning
the method established by the Inspector General of the Federal agency to report
fraud, waste, and abuse (including any telephone hotline or Web-based
platform)—</text>
<clause commented="no" display-inline="no-display-inline" id="HE9E95DC60BA14FD3B29AD179E335683B"><enum>(i)</enum><text display-inline="yes-display-inline">on the website of the Federal agency;
and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="HE5B94DBEA55440DEAE9CC370E9C959FB"><enum>(ii)</enum><text display-inline="yes-display-inline">in any solicitation or notice of funding
opportunity issued by the Federal agency for the SBIR program or the STTR
program; and</text>
</clause></subparagraph><subparagraph id="H6E103FDB7C1B437FA65CEE73F50B912A"><enum>(D)</enum><text>a requirement
that each applicant for and small business concern that receives funding under
the SBIR program or the STTR program shall certify whether the applicant or
small business concern is in compliance with the laws relating to the SBIR
program and the STTR program and the conduct guidelines established under the
SBIR Policy Directive and the STTR Policy Directive.</text>
</subparagraph></paragraph><paragraph id="H9BA455E7B78F4F6191D12523133A9C50"><enum>(3)</enum><header>Consultation</header><text>The
Administrator shall develop the certification required under paragraph (2)(D)
in cooperation with the Council of Inspectors General on Integrity and
Efficiency and the Office of Advocacy of the Administration.</text>
</paragraph><paragraph id="H8B1E993D948040D6912A16EB2BC9FB58"><enum>(4)</enum><header>Certification</header><text display-inline="yes-display-inline">The certification developed under paragraph
(3) may—</text>
<subparagraph id="H4E911BAAD65640A6AD8CA5F3109DE9AC"><enum>(A)</enum><text>cover the
lifecycle of the award to require certifications at the application, funding,
reporting, and closeout phases of every SBIR and STTR award;</text>
</subparagraph><subparagraph id="HC3D3F58EFC5F4235B608899FA94C0DAC"><enum>(B)</enum><text>require the small
business concern to certify compliance with the <quote>principal investigator
primary employment</quote> requirement, the <quote>small business
concern</quote> definition requirement, and the <quote>performance of
work</quote> requirements as set forth in the Directive applicable to the
award;</text>
</subparagraph><subparagraph id="HE1978C7FD400428AA8CB4F2149E5B955"><enum>(C)</enum><text>require the small
business concern to disclose whether it has applied for, plans to apply for, or
received an SBIR or STTR award for the same or overlapping work, and require
the concern to certify that the award that it is applying for or obtaining
funding for is not the same or overlapping with work it has performed, or will
perform, in connection with any other SBIR or STTR award that the concern has
applied for or received from any other agency except as fully disclosed to all
funding agencies; and</text>
</subparagraph><subparagraph id="HA85955176A7E4B8FA2E31F722E05DC7D"><enum>(D)</enum><text>require that the
small business concern certify that it will or did perform the work on the
award at its facilities with its employees, unless otherwise indicated.</text>
</subparagraph></paragraph><paragraph id="H74EE7A793CF04CBBBAFA23DC508AFBA5"><enum>(5)</enum><header>Inspectors
General</header><text display-inline="yes-display-inline">The Inspector General
of each Federal agency that participates in the SBIR program or STTR program
shall cooperate to prevent fraud, waste, and abuse in the SBIR program and the
STTR program by—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="H3DDFB9CBF6AA48078F51761A699042BD"><enum>(A)</enum><text display-inline="yes-display-inline">establishing fraud detection
indicators;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H81244FD049074FE281176743F41D51E2"><enum>(B)</enum><text display-inline="yes-display-inline">reviewing regulations and operating
procedures of the Federal agency;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="HC7C49875613F474EBDD6D1BFD23BB1B6"><enum>(C)</enum><text display-inline="yes-display-inline">coordinating information sharing between
Federal agencies, to the extent otherwise permitted under Federal law;
and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H69139BFEF6F242BC8AC187912AEC07A5"><enum>(D)</enum><text display-inline="yes-display-inline">improving the education and training of,
and outreach to—</text>
<clause commented="no" display-inline="no-display-inline" id="H337755A4D5854A80B266715BCAF7C88E"><enum>(i)</enum><text display-inline="yes-display-inline">administrators of the SBIR program and the
STTR program of the Federal agency;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="H86E21D66C0F14B6599EA4F1559AD8993"><enum>(ii)</enum><text display-inline="yes-display-inline">applicants to the SBIR program or the STTR
program; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="HECA411065A2E44F98591902D6909CBD8"><enum>(iii)</enum><text display-inline="yes-display-inline">recipients of awards under the SBIR program
or the STTR program.</text>
</clause></subparagraph></paragraph></subsection><subsection id="HEA9A9F15B2EB48B78DFAB4CC60F3914D"><enum>(b)</enum><header>Study and
Report</header><text display-inline="yes-display-inline">Not later than 1 year
after the date of enactment of this Act to establish a baseline of changes made
to the program to fight fraud, waste, and abuse, and every 3 years thereafter
to evaluate the effectiveness of the agency strategies, the Comptroller General
of the United States shall—</text>
<paragraph id="H37D3D473A6FC4F95AD491105DA583C7C"><enum>(1)</enum><text>conduct a study
that evaluates—</text>
<subparagraph id="HD41A8314E3D843A5B89DBF5F6B625074"><enum>(A)</enum><text>the
implementation by each Federal agency that participates in the SBIR program or
the STTR program of the amendments to the SBIR Policy Directive and the STTR
Policy Directive made pursuant to subsection (a);</text>
</subparagraph><subparagraph id="HF2E44FD580E2411087FB8C6B4C7CC8B7"><enum>(B)</enum><text>the effectiveness
of the management information system of each Federal agency that participates
in the SBIR program or STTR program in identifying duplicative SBIR and STTR
projects;</text>
</subparagraph><subparagraph id="H672172F2933C44159E48DD7B7E687876"><enum>(C)</enum><text>the effectiveness
of the risk management strategies of each Federal agency that participates in
the SBIR program or STTR program in identifying areas of the SBIR program or
the STTR program that are at high risk for fraud;</text>
</subparagraph><subparagraph id="H6F3C72007CB44023A0A74E63AABB9DC7"><enum>(D)</enum><text>technological
tools that may be used to detect patterns of behavior that may indicate fraud
by applicants to the SBIR program or the STTR program;</text>
</subparagraph><subparagraph id="H32254E7903554BE78E02E7C0565BCFC3"><enum>(E)</enum><text>the success of
each Federal agency that participates in the SBIR program or STTR program in
reducing fraud, waste, and abuse in the SBIR program or the STTR program of the
Federal agency; and</text>
</subparagraph><subparagraph id="H92C2A6E035744C2AAE180C70D3393C90"><enum>(F)</enum><text>the extent to
which the Inspector General of each Federal agency that participates in the
SBIR and STTR program effectively conducts investigations, audits, inspections,
and outreach relating to the SBIR and STTR programs of the Federal agency;
and</text>
</subparagraph></paragraph><paragraph id="H69CDA50E5C8641FFB5D199584F5C971F"><enum>(2)</enum><text>submit to the
Committee on Small Business and Entrepreneurship of the Senate, the Committee
on Small Business and the Committee on Science, Space, and Technology of the
House of Representatives, and the head of each Federal agency that participates
in the SBIR program or STTR program a report on the results of the study
conducted under subparagraph (A).</text>
</paragraph></subsection></section><section id="H924FDF8B82BA4070A9CBE7D993D25BBE"><enum>313.</enum><header>Simplified
paperwork requirements</header><text display-inline="no-display-inline">Section
9(v) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15
U.S.C. 638(v)) is amended—</text>
<paragraph id="H58B5D320E6A84C39BC5436352E384BBB"><enum>(1)</enum><text>in the subsection
heading, by striking <quote><header-in-text level="subsection">Simplified
Reporting Requirements</header-in-text></quote> and inserting
<quote><header-in-text level="subsection">Reducing Paperwork and Compliance
Burden</header-in-text></quote>;</text>
</paragraph><paragraph id="H92970CBF0BAE43E0B53B50B7FC9D4AA5"><enum>(2)</enum><text>by striking
<quote>The Administrator</quote> and inserting the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="HFC977EB0885B4783B5A4A33103AE0566" reported-display-style="boldface-roman" style="OLC">
<paragraph id="HE2BA4EC63E1347CBA3EA173C96DC54F3"><enum>(1)</enum><header>Standardization
of reporting requirements</header><text>The
Administrator</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="H79A0A8C09F7046168D18666DC635127E"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block changed="added" committee-id="HSM00" id="H674045BF75DE4E6D904997D43EA895EB" reported-display-style="boldface-roman" style="OLC">
<paragraph id="H0B9B7D42D2EB493B9D9993C25C30B826"><enum>(2)</enum><header>Simplification
of application and award process</header><text>Not later than one year after
the date of enactment of this paragraph, and after a period of public comment,
the Administrator shall issue regulations or guidelines, taking into
consideration the unique needs of each Federal agency, to ensure that each
Federal agency required to carry out an SBIR program or STTR program simplifies
and standardizes the program proposal, selection, contracting, compliance, and
audit procedures for the SBIR program or STTR program of the Federal agency
(including procedures relating to overhead rates for applicants and
documentation requirements) to reduce the paperwork and regulatory compliance
burden on small business concerns applying to and participating in the SBIR
program or STTR
program.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section commented="no" display-inline="no-display-inline" id="H8B3388A9C95A45A1803A119F4C94C91C"><enum>314.</enum><header display-inline="yes-display-inline">Reducing fraud, waste, and
abuse</header><text display-inline="no-display-inline">Not later than 4 years
after the date of enactment of this Act, and every 4 years thereafter, the
Comptroller General of the United States shall—</text>
<paragraph commented="no" display-inline="no-display-inline" id="HF352AFC5E1B04715BDC66A5E4B82F8C9"><enum>(1)</enum><text display-inline="yes-display-inline">conduct a study of the effectiveness of the
government and public databases described in section 9(k) of the Small Business
Act (15 U.S.C. 638(k)) in reducing vulnerabilities of the SBIR program and the
STTR program to fraud, waste, and abuse, particularly with respect to Federal
agencies funding duplicative proposals and business concerns falsifying
information in proposals;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="HC9701242D11141CAB3B212EC61663B7A"><enum>(2)</enum><text display-inline="yes-display-inline">make recommendations with respect to the
issues described in paragraph (1); and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H1D26D1F402954EDC8BBE836071115E34"><enum>(3)</enum><text display-inline="yes-display-inline">submit to the head of each agency described
in section 108(a) of the Small Business Reauthorization Act of 2000 (15 U.S.C.
638 note), the Committee on Small Business and Entrepreneurship of the Senate,
and the Committee on Small Business and the Committee on Science, Space, and
Technology of the House of Representatives a report regarding the study
conducted under paragraph (1) and containing the recommendations described in
paragraph (2).</text>
</paragraph></section><enum>IV</enum><header>POLICY
DIRECTIVES</header>
<section id="H1410E60BDCEE4D619CFEA042653A8A63"><enum>401.</enum><header>Conforming
amendments to the SBIR and the STTR Policy Directives</header>
<subsection id="H28D1D5FB2CB54287BF168E198F1F6973"><enum>(a)</enum><header>In
General</header><text>Not later than 180 days after the date of enactment of
this Act, the Administrator shall promulgate amendments to the SBIR Policy
Directive and the STTR Policy Directive to conform such directives to this Act
and the amendments made by this Act.</text>
</subsection><subsection id="H57F62DA688FA4C85AF30716D1676A763"><enum>(b)</enum><header>Publishing SBIR
Policy Directive and the STTR Policy Directive in the Federal
Register</header><text>Not later than 180 days after the date of enactment of
this Act, the Administrator shall publish the amended SBIR Policy Directive and
the amended STTR Policy Directive in the Federal Register.</text>
</subsection></section><enum>V</enum><header>OTHER
PROVISIONS</header>
<section id="H5564C6300AAF43A985F3E4F3B78D4CE0"><enum>501.</enum><header>Report on SBIR
and STTR program goals</header><text display-inline="no-display-inline">Section
9 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C.
638), as amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HF68E8395F8694514B8C30AF08D970583" reported-display-style="boldface-roman" style="OLC">
<subsection id="H2D0D3A32ECC74EAAACD95C82E471F417"><enum>(oo)</enum><header>Annual Report
on SBIR and STTR Program Goals</header>
<paragraph id="H6C7390FDF0354B12AC2808B632E7EDC8"><enum>(1)</enum><header>Development of
metrics</header><text>The head of each Federal agency required to participate
in the SBIR program or the STTR program shall develop metrics to evaluate the
effectiveness, and the benefit to the people of the United States, of the SBIR
program and the STTR program of the Federal agency that—</text>
<subparagraph id="HAE18FBC2B5034DF59F2DFC25998F08C5"><enum>(A)</enum><text>are science-based
and statistically driven;</text>
</subparagraph><subparagraph id="H14569BA6CE9344DF84F2CE339D57F922"><enum>(B)</enum><text>reflect the
mission of the Federal agency; and</text>
</subparagraph><subparagraph id="H892C1EE7C4EB4B7EAFE883463A019FF1"><enum>(C)</enum><text>include factors
relating to the economic impact of the programs.</text>
</subparagraph></paragraph><paragraph id="H89043E289C2844DAAD9F5F55C7C6B99A"><enum>(2)</enum><header>Evaluation</header><text>The
head of each Federal agency described in paragraph (1) shall conduct an annual
evaluation using the metrics developed under paragraph (1) of—</text>
<subparagraph id="HCC9EB9293C5F4C829EEAAEB40FFC3576"><enum>(A)</enum><text>the SBIR program
and the STTR program of the Federal agency; and</text>
</subparagraph><subparagraph id="H760DCE47962B4F77A8358C1DC68D3133"><enum>(B)</enum><text>the benefits to
the people of the United States of the SBIR program and the STTR program of the
Federal agency.</text>
</subparagraph></paragraph><paragraph id="H609FB111901143DE87B41C8958C28277"><enum>(3)</enum><header>Report</header>
<subparagraph id="H927B737BCEDA49409C00989AD8BAD1E2"><enum>(A)</enum><header>In
general</header><text>The head of each Federal agency described in paragraph
(1) shall submit to the appropriate committees of Congress and the
Administrator an annual report describing in detail the results of an
evaluation conducted under paragraph (2).</text>
</subparagraph><subparagraph id="H796D49F87A4E4D1D8D805085159149BC"><enum>(B)</enum><header>Public
availability of report</header><text>The head of each Federal agency described
in paragraph (1) shall make each report submitted under subparagraph (A)
available to the public online.</text>
</subparagraph><subparagraph id="H8F532DBD7D1B47CFBA38E05CD3F3C82C"><enum>(C)</enum><header>Definition</header><text>In
this paragraph, the term <term>appropriate committees of Congress</term>
means—</text>
<clause id="HC76BE6317ACA45819DB2BEF4E5986E50"><enum>(i)</enum><text>the Committee on
Small Business and Entrepreneurship of the Senate; and</text>
</clause><clause id="H5F69287B26364DE89E8A6771293BFA17"><enum>(ii)</enum><text>the Committee on
Small Business and the Committee on Science, Space, and Technology of the House
of
Representatives.</text>
</clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H2DA81D585FEC49A8BF9D5BE28B14D7A9"><enum>502.</enum><header>Competitive
selection procedures for SBIR and STTR programs</header><text display-inline="no-display-inline">Section 9 of the
<act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 638), as
amended by this Act, is further amended by adding at the end the
following:</text>
<quoted-block act-name="Small Business Act" changed="added" committee-id="HSM00" id="HA256FC09C22E4B31A9558EFE84662AE7" reported-display-style="boldface-roman" style="OLC">
<subsection id="H85E87AEAA6404DE5B04510070C0FCBC2"><enum>(pp)</enum><header>Competitive
Selection Procedures for SBIR and STTR Programs</header><text>All funds
awarded, appropriated, or otherwise made available in accordance with
subsection (f) or (n) must be awarded pursuant to competitive and merit-based
selection
procedures.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H43FF788B075343E0ADDEFAA4D0AB37E1"><enum>503.</enum><header>Loan
restrictions</header>
<subsection id="H9A9926C863EE49CCA1E8D34A089AE0F9"><enum>(a)</enum><header>Rule
required</header><text display-inline="yes-display-inline">For purposes of
section 9 of the Small Business Act (15 U.S.C. 638), the Administrator shall
promulgate a rule not later than 180 days after the date of enactment of this
Act that determines what restrictions, conditions, or covenants contained in a
note, bond, debenture, other evidence of indebtedness, or preferred stock
constitute affiliation for purposes of section 121.103(a) of title 13, Code of
Federal Regulations, as in effect on January 1, 2011.</text>
</subsection><subsection id="H47395B49A162466382FDA5E6F4104AC6"><enum>(b)</enum><header>Failure to
promulgate</header><text>If the Administrator fails to promulgate a rule in the
time period required under subsection (a), the holder of a note, bond,
debenture, other evidence of indebtedness, or preferred stock shall be
considered to be affiliated with the debtor or issuer of the preferred stock
until such time as the Administrator promulgates the rule required under
subsection (a).</text>
</subsection></section><section id="HDDDB3F7F11754BD088D2DC90B86F6FF0"><enum>504.</enum><header>Limitation on
pilot programs</header><text display-inline="no-display-inline">Section 9 of
the Small Business Act (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H285FF81D5C414E908F5B28CC2C7DFE6E" reported-display-style="boldface-roman" style="OLC">
<subsection id="HD0FC65E01C534A6CA3C2F90CBFA8DE71"><enum>(qq)</enum><header>Limitation on
pilot programs</header>
<paragraph id="H7A2BA877C8C744CD99DB3D8AF56698E3"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The Administrator may
only carry out a covered pilot program if in accordance with paragraphs (2) and
(3).</text>
</paragraph><paragraph id="H3AE7528869D34D4992AD4376CB89D6C0"><enum>(2)</enum><header>Existing pilot
programs</header><text display-inline="yes-display-inline">With respect to a
covered pilot program in operation on the date of enactment of this subsection,
such program may only be carried out during the 3-year period beginning on such
date of enactment.</text>
</paragraph><paragraph id="H4A778FD3F89A42749BC10270300FD4E2"><enum>(3)</enum><header>New pilot
programs</header><text>With respect to a covered pilot program established
after the date of enactment of this subsection, such program—</text>
<subparagraph id="HB46743C801B44B5C82A6C1A00030EA81"><enum>(A)</enum><text>may only be
carried out during the 3-year period beginning on the date on which such
program is established; and</text>
</subparagraph><subparagraph id="HF756525CC4394239B79984DC4FA25AD7"><enum>(B)</enum><text>may not continue
or be based on, in any manner, a previously established covered pilot
program.</text>
</subparagraph></paragraph><paragraph id="H5C1C809C22B44AC8B1509BB1683D9AF3"><enum>(4)</enum><header>Covered pilot
program defined</header><text>In this subsection, the term <term>covered pilot
program</term> means any initiative, project, innovation, or other
activity—</text>
<subparagraph id="HCFAE41CAA21240508BF82DBC88B5E035"><enum>(A)</enum><text>relating to an
SBIR or STTR program; and</text>
</subparagraph><subparagraph id="H794EF5424D2E42AF846CC8D70BE9CF79"><enum>(B)</enum><text>not specifically
authorized by
law.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HD6FDE157D6F1457CB6200AAD2BAC97DC"><enum>505.</enum><header>Ensuring
equity in SBIR and STTR awards to individual companies</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H7C1F078D20774BF1A645AD5B1CBA5872" reported-display-style="boldface-roman" style="OLC">
<subsection id="H82E32D3CDA3741CE8577E06AB78C53E7"><enum>(rr)</enum><header>Ensuring
equity in SBIR and STTR awards to individual companies</header><text display-inline="yes-display-inline">A small business concern, including
affiliates of the small business concern, may not receive an SBIR or STTR award
in a fiscal year if, at the time the award is made—</text>
<paragraph id="HE8A0FDF6D17F43A3B55070EBF95AB86F"><enum>(1)</enum><text>the small
business concern has received an aggregate dollar amount of such awards in such
fiscal year that exceeds 50 percent of the aggregate dollar amount of such
awards received, in the preceding fiscal year, by the median State with respect
to such aggregate amount; or</text>
</paragraph><paragraph id="HEF780ECE47C24987B8ED4FCC0A0D9337"><enum>(2)</enum><text display-inline="yes-display-inline">the small business concern has received an
aggregate number of such awards in such fiscal year that exceeds 50 percent of
the aggregate number of such awards received, in the preceding fiscal year, by
the median State with respect to such aggregate
number.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HA5C312FC29564FC9BB3C6849F1FBCFBA"><enum>506.</enum><header>Inspector
General reports</header><text display-inline="no-display-inline">Not later than
October 1 of each year, the Inspector General of each Federal agency that
participates in the SBIR program or STTR program shall submit to the Committee
on Small Business and Entrepreneurship of the Senate and the Committee on Small
Business and the Committee on Science, Space, and Technology of the House of
Representatives a report describing—</text>
<paragraph id="HE5EB23EFE16A4F0187D2F3DA470C0564"><enum>(1)</enum><text>the number of
cases referred to the Inspector General in the preceding year that related to
fraud, waste, or abuse with respect to the SBIR program or STTR program;</text>
</paragraph><paragraph id="HC033BF85F004421E9A9BB54A345A4B66"><enum>(2)</enum><text>the actions taken
in each case described in paragraph (1) if fraud, waste, or abuse was
determined to have occurred;</text>
</paragraph><paragraph id="HA096FDBAE1FD445EB8AD8F39263AF760"><enum>(3)</enum><text display-inline="yes-display-inline">if no action was taken in a case described
in paragraph (1) and fraud, waste, or abuse was determined to have occurred,
the justification for action not being taken; and</text>
</paragraph><paragraph id="HE6746BFA02914B3F912E3F1C9AD17EE7"><enum>(4)</enum><text display-inline="yes-display-inline">an accounting of the funds used to address
fraud, waste, and abuse, including a description of personnel and resources
funded and funds that were recovered or saved.</text>
</paragraph></section><section id="H8FAF59534D8D4DCE8F1A9F5684A9C2AA"><enum>507.</enum><header>Timing</header><text display-inline="no-display-inline">Federal agencies participating in the SBIR
program or STTR program shall, to the extent possible, attempt to shorten the
amount of time between the provision of notice of an award under the SBIR
program or STTR program and the subsequent release of funding with respect to
the award.</text>
</section><section id="H5F9D5793B1C34393B4D3C74C83F654F5"><enum>508.</enum><header>Publication of
certain information</header><text display-inline="no-display-inline">Section 9
of the Small Business Act (15 U.S.C. 638), as amended by this Act, is further
amended by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="HCBDB36AFD2B84BE88EF60ED4DC54E4B3" reported-display-style="boldface-roman" style="OLC">
<subsection id="H2A19C1BBA9244019B75DA1985F23D614"><enum>(ss)</enum><header>Publication of
certain information</header><text display-inline="yes-display-inline">In order
to increase the number of small businesses receiving awards under the SBIR or
STTR programs of participating agencies, and to simplify the application
process for such awards, the Administrator shall establish and maintain a
public Internet website on which the Administrator shall publish such
information relating to notice of and application for awards under the SBIR
program and STTR program of each participating Federal agency as the
Administrator determines
appropriate.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H6E95B8671A534D63A8DA1CDCFE8C565D"><enum>509.</enum><header>Preference for
clean coal technology research</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="HBF38BE1E1C5C43F8AD1EA7E0F78499E3" reported-display-style="boldface-roman" style="OLC">
<subsection id="H2498A2BF3F5E43F6B6BB17903E634897"><enum>(tt)</enum><header>Clean coal
technology research preference</header><text display-inline="yes-display-inline">In making awards under this section, a
Federal agency shall give priority to applications in a manner that increases
the number of SBIR and STTR award recipients conducting research with respect
to clean coal technology, including the gasification of
coal.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H2ACEA88D29614ABBB6C21451619C9212"><enum>510.</enum><header>Report on
enhancement of manufacturing activities</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H5DB4B2ACA5614FE6A089219CAF1C3853" reported-display-style="boldface-roman" style="OLC">
<subsection id="H9BFD653CCCB64F7C8E317DE81B67E5AF"><enum>(uu)</enum><header>Report on
enhancement of manufacturing activities</header><text display-inline="yes-display-inline">Not later than October 1, 2011, and
annually thereafter, the head of each Federal agency that makes more than
$50,000,000 in awards under the SBIR and STTR programs of the agency combined
shall submit to the Committee on Small Business and Entrepreneurship of the
Senate and the Committee on Small Business and the Committee on Science, Space,
and Technology of the House of Representatives a report that includes—</text>
<paragraph id="HA04F15862A794F7CA6499586F639D6E6"><enum>(1)</enum><text>a description of
efforts undertaken by the head of the Federal agency to enhance manufacturing
activities;</text>
</paragraph><paragraph id="HFF1A94F4F7354681953BB8A1BFB20C9C"><enum>(2)</enum><text>a comprehensive
description of the actions undertaken each year by the head of the Federal
agency in carrying out the SBIR or STTR program of the agency in support of
Executive Order 13329 (69 Fed. Reg. 9181; relating to encouraging innovation in
manufacturing);</text>
</paragraph><paragraph id="H5EE93AAFA8EC4CC7BD69AAC2FEAECB93"><enum>(3)</enum><text>an assessment of
the effectiveness of the actions described in paragraph (2) at enhancing the
research and development of manufacturing technologies and processes;
and</text>
</paragraph><paragraph id="HD0E11918E4B34621AC85695B66ACB91D"><enum>(4)</enum><text>recommendations
that the program managers of the SBIR or STTR program of the agency consider
appropriate for additional actions to increase the effectiveness of enhancing
manufacturing
activities.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HA30C637724634504A501D20B25C92676"><enum>511.</enum><header>Express
authority to <quote>fast-track</quote> Phase II awards for promising Phase I
research</header><text display-inline="no-display-inline">Section 9 of the
Small Business Act (15 U.S.C. 638), as amended by this Act, is further amended
by adding at the end the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="HBD3E5F2A9CCB4C28BB21481ABF243969" reported-display-style="boldface-roman" style="OLC">
<subsection id="H306981DE14514EC0903627F2756C3499"><enum>(vv)</enum><header>Authority to
<quote>Fast-Track</quote> Phase II awards for promising Phase I
research</header><text display-inline="yes-display-inline">To address the delay
between an award for Phase I of an SBIR program and the application for and
extension of an award for Phase II of such program, each Federal agency with an
SBIR program may develop <quote>fast-track</quote> programs to eliminate such
delay by issuing Phase II SBIR awards as soon as practicable, including in
appropriate cases simultaneously with the issuance of the Phase I SBIR award.
The Administrator shall encourage the development of such
<quote>fast-track</quote>
programs.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H5AC57530381F425EAA5EF0A9CAA0B824"><enum>512.</enum><header>Increased
partnerships between SBIR awardees and prime contractors, venture capital
investment companies, and larger businesses</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="HF260FB30B5F7409C8A69175C2B62BF78" reported-display-style="boldface-roman" style="OLC">
<subsection id="HBE9104B45F944C3E897FB925685F4F54"><enum>(ww)</enum><header>Increased
partnerships</header>
<paragraph id="H6965BFBE1D5E478385262CEBF128E725"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">Each agency required
by this section to conduct an SBIR program shall establish initiatives by which
the agency encourages partnerships between SBIR awardees and prime contractors,
venture capital investment companies, business incubators, and larger
businesses, for the purpose of facilitating the progress of the SBIR awardees
to Phase III.</text>
</paragraph><paragraph id="H881C0A1D79F1412FB28C6B9E4F84D0EA"><enum>(2)</enum><header>Definition</header><text display-inline="yes-display-inline">In this subsection, the term <term>business
incubator</term> means an entity that provides coordinated and specialized
services to entrepreneurial businesses which meet selected criteria during the
businesses' startup phases, including providing services such as shared office
space and office services, access to equipment, access to telecommunications
and technology services, flexible leases, specialized management assistance,
access to financing, mentoring and training services, or other coordinated
business or technical support services designed to provide business development
assistance to entrepreneurial businesses during these businesses’ startup
phases.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H6852332008F04C3CB8592A586E3BC4B8"><enum>513.</enum><header>Preference for
acid mine drainage research</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H8EFFE6CC78D7441C8107841C2FF4CDF0" reported-display-style="boldface-roman" style="OLC">
<subsection id="H1618418122DD47749D99239DE0F5650A"><enum>(xx)</enum><header>Acid mine
drainage research preference</header><text display-inline="yes-display-inline">In making awards under this section, a
Federal agency shall give priority to applications in a manner that increases
the number of SBIR and STTR award recipients conducting research related to
reducing the environmental impact, including with respect to water quality, of
acid mine
drainage.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HC0A85AE61D8B421EA6EE7EC805B9D414"><enum>514.</enum><header>Preference for
hydraulic fracturing research</header><text display-inline="no-display-inline">Section 9 of the Small Business Act (15
U.S.C. 638), as amended by this Act, is further amended by adding at the end
the following:</text>
<quoted-block changed="added" committee-id="HSM00" display-inline="no-display-inline" id="H8D26DC2F3CDC4E249BBD3FB52B6BDBEC" reported-display-style="boldface-roman" style="OLC">
<subsection id="HC9A98F0997944B4D97EA47BD7D50C3BA"><enum>(yy)</enum><header>Hydraulic
fracturing research preference</header><text display-inline="yes-display-inline">In making awards under this section, a
Federal agency shall give priority to applications in a manner that increases
the number of SBIR and STTR award recipients conducting research related to
reducing the environmental impact, including with respect to water quality, of
the use of hydraulic fracturing during natural gas exploration
activities.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section>
July 1, 2011
Reported from the Committee on Small Business with an
amendment
July 1, 2011
Committee on Armed
Services discharged; committed to the Committee of the Whole
House on the State of the Union and ordered to be printed