[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4250 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 4250

To provide for a permanent extension and expansion of the pilot program 
      for streamlining awards for innovative technology projects.


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                   IN THE SENATE OF THE UNITED STATES

                              May 2, 2024

 Mr. Rubio (for himself and Mr. Cotton) introduced the following bill; 
  which was read twice and referred to the Committee on Armed Services

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                                 A BILL


 
To provide for a permanent extension and expansion of the pilot program 
      for streamlining awards for innovative technology projects.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Defense Innovation and Small 
Business Momentum Act of 2024''.

SEC. 2. PERMANENT EXTENSION AND EXPANSION OF PILOT PROGRAM FOR 
              STREAMLINING AWARDS FOR INNOVATIVE TECHNOLOGY PROJECTS.

    (a) Exceptions to Cost or Pricing Data Requirements.--Section 3703 
of title 10, United States Code, is amended by adding at the end the 
following new subsection:
    ``(g) Program for Streamlining Awards for Small Businesses and 
Nontraditional Defense Contractors.--The requirements under section 
3702(a) of this title shall not apply to any contract, subcontract, or 
modification of a contract or subcontract valued at less than 
$7,500,000 awarded to a small business concern (as that term is defined 
in section 3 of the Small Business Act (15 U.S.C. 632) or 
nontraditional defense contractor.''.
    (b) Revisions to DFARS.--The Secretary of Defense shall amend the 
Defense Federal Acquisition Regulation Supplement (DFARS) to implement 
the program established under subsection (g) of section 3703 of title 
10, United States Code, as added by subsection (a), ensuring the 
application of the program to all small business concerns and 
streamlining the awards process for innovative technology projects.
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