I 112th CONGRESS 1st Session H. R. 447 IN THE HOUSE OF REPRESENTATIVES January 26, 2011 Ms. Hirono introduced the following bill; which was referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Small Business Act to improve the Small Business Innovation Research Program, and for other purposes.

1.

Short title

This Act may be cited as the Small Business Innovation Research Enhancement Act of 2011 or the SBIR Enhancement Act of 2011.

2.

Required expenditure amounts

(a)

In general

Section 9(f)(1)(C) of the Small Business Act (15 U.S.C. 638(f)(1)(C)) is amended by striking 2.5 percent and inserting 5 percent. (b)

Application

The amendment made by subsection (a) shall apply to the first full fiscal year beginning after the date of enactment of this Act and to each fiscal year thereafter.

3.

Further additional modifications to policy directives

Section 9(j) of the Small Business Act (15 U.S.C. 638(j)) is amended by adding at the end the following: (4)

Further additional modifications

Not later than 90 days after the date of enactment of this paragraph, and notwithstanding paragraph (2)(D), the Administrator shall modify the policy directives issued pursuant to this subsection to provide for an increase to $200,000 in the amount of funds which an agency may award in the first phase of an SBIR program, and to $1,500,000 in the second phase of an SBIR program, and an adjustment of such amounts once every 5 years to reflect economic adjustments and programmatic considerations. .