[Congressional Record Volume 171, Number 133 (Friday, August 1, 2025)]
[Senate]
[Pages S5469-S5474]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3676. Mr. MARKEY submitted an amendment intended to be proposed by 
him to the bill S. 2296, to authorize appropriations for fiscal year 
2026 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end, add the following:

               DIVISION E--SBIR AND STTR REAUTHORIZATION

               TITLE XXXIII--REAUTHORIZATION OF PROGRAMS

     SEC. 5001. EXTENSION OF SBIR AND STTR AUTHORITY.

       (a) SBIR.--Section 9 of the Small Business Act (15 U.S.C. 
     638) is amended by striking subsection (m).
       (b) STTR.--Section 9(n)(1)(A) of the Small Business Act (15 
     U.S.C. 638(n)(1)(A)) is amended by striking ``through fiscal 
     year 2025''.

     SEC. 5002. EXTENSION OF FAST PROGRAM.

       Section 34(i) of the Small Business Act (15 U.S.C. 657d(i)) 
     is amended by striking ``September 30, 2005'' and inserting 
     ``September 30, 2030''.

                   TITLE XXXIV--ENHANCING COMPETITION

     SEC. 5101. INCREASING AGENCY EXPENDITURES FOR SBIR AND STTR 
                   PROGRAMS.

       Section 9 of the Small Business Act (15 U.S.C. 638) is 
     amended--
       (1) in subsection (f)(1)--
       (A) in subparagraph (H), by striking ``and'';
       (B) in subparagraph (I), by striking ``fiscal year 2017 and 
     each fiscal year thereafter,'' and inserting ``each of fiscal 
     years 2017 through 2025;''; and
       (C) by inserting after subparagraph (I) the following:
       ``(J) not less than 4 percent of such budget in fiscal 
     years 2026 and 2027;
       ``(K) not less than 5 percent of such budget in fiscal 
     years 2028 and 2029;
       ``(L) not less than 6 percent of such budget in fiscal 
     years 2030 and 2031; and
       ``(M) not less than 7 percent of such budget in fiscal year 
     2032 and each fiscal year thereafter,''; and
       (2) in subsection (n)(1)--
       (A) in subparagraph (A), by striking ``through fiscal year 
     2025''; and
       (B) in subparagraph (B)--
       (i) in clause (iv), by striking ``; and'' and inserting a 
     semicolon;
       (ii) in clause (v), by striking ``fiscal year 2016 and each 
     fiscal year thereafter.'' and inserting ``each of fiscal 
     years 2016 through 2025;''; and
       (iii) by adding at the end the following:
       ``(vi) 0.5 percent for fiscal year 2026 and 2027;
       ``(vii) 0.65 percent for fiscal year 2028 and 2029;
       ``(viii) 0.8 percent for fiscal year 2030 and 2031; and
       ``(ix) 1 percent for fiscal year 2032 and each fiscal year 
     thereafter.''.

     SEC. 5102. SBIR AND STTR FELLOWSHIPS.

       Section 9 of the Small Business Act (15 U.S.C. 638) is 
     amended--
       (1) in subsection (f), by adding at the end the following:
       ``(5) Fellowships.--
       ``(A) In general.--A Federal agency may provide grants or 
     awards, either directly or in partnership with a third party, 
     to small business concerns that have received SBIR or STTR 
     Phase II awards to provide fellowship and internship 
     opportunities at the undergraduate, baccalaureate, graduate, 
     and postdoctoral levels in fields that are important to the 
     Federal agency.
       ``(B) Enhanced outreach.--Each Federal agency that makes an 
     award or enters into a partnership under subparagraph (A) 
     shall provide for enhanced outreach to increase the 
     participation of women, socially disadvantaged individuals 
     (as described in section 8(a)(5)), and economically 
     disadvantaged individuals (as described in section 
     8(a)(6)(A)) in the fellowship and internship opportunities 
     described in subparagraph (A).
       ``(C) Support organization.--Each Federal agency that makes 
     an award or enters into a partnership under subparagraph (A) 
     may partner with or provide grants or awards to a third-party 
     organization to support and facilitate the enhanced outreach 
     under subparagraph (B), provided that the third-party 
     organization is a nonprofit organization with relevant 
     experience and demonstrated expertise in delivery of services 
     described in subparagraph (B).
       ``(D) Funding.--In carrying out this paragraph, a Federal 
     agency may use only the following amounts:
       ``(i) With respect to a Federal agency that uses the 
     authority under subsection (mm), the funds authorized under 
     such subsection.
       ``(ii) With respect a Federal agency other than a Federal 
     agency described in clause (i), not more than 3 percent of 
     the funds required to be expended under paragraph (1).''; and
       (2) in subsection (n), by adding at the end the following:
       ``(4) Fellowships.--
       ``(A) In general.--A Federal agency may provide grants or 
     awards, either directly or in partnership with a third party, 
     to small business concerns that have received SBIR or STTR 
     Phase II awards to provide fellowship and internship 
     opportunities at the undergraduate, baccalaureate, graduate, 
     and postdoctoral levels in fields that are important to the 
     Federal agency.
       ``(B) Enhanced outreach.--Each Federal agency that makes an 
     award or enters into a partnership under subparagraph (A) 
     shall provide for enhanced outreach to increase the 
     participation of women, socially disadvantaged individuals 
     (as described in section 8(a)(5)), and economically 
     disadvantaged individuals (as described in section 
     8(a)(6)(A)) in the fellowship and internship opportunities 
     described in subparagraph (A).
       ``(C) Support organization.--Each Federal agency that makes 
     an award or enters into a partnership under subparagraph (A) 
     may partner with or provide grants or awards to a third-party 
     organization to support and facilitate the enhanced outreach 
     under subparagraph (B), provided that the third-party 
     organization is a nonprofit organization with relevant 
     experience and demonstrated expertise in delivery of services 
     described in subparagraph (B).
       ``(D) Funding.--In carrying out this paragraph, a Federal 
     agency may use only the following amounts:
       ``(i) With respect to a Federal agency that uses the 
     authority under subsection (mm), the funds authorized under 
     such subsection.
       ``(ii) With respect a Federal agency other than a Federal 
     agency described in clause (i), not more than 3 percent of 
     the funds required to be expended under paragraph (1).''.

     SEC. 5103. APPLICATION ASSISTANCE TO BROADEN PARTICIPATION.

       (a) In General.--Section 9(mm)(1) of the Small Business Act 
     (15 U.S.C. 638(mm)(1)) is amended--
       (1) in subparagraph (J), by striking ``and'' at the end;
       (2) in subparagraph (K), by striking the period at the end 
     and inserting ``; and''; and
       (3) by adding at the end the following:
       ``(L) providing small business concerns with assistance 
     applying to the SBIR program or STTR program of the Federal 
     agency, including providing such assistance to carry out the 
     policy directives required under paragraphs (2)(F) and (5) of 
     subsection (j) and subsection (p)(2)(H) to increase the 
     participation of States with respect to which a low level of 
     SBIR or STTR awards have historically been awarded.''.
       (b) Enhanced Minority Institution Participation.--
       (1) SBIR.--Section 9(j) of the Small Business Act (15 
     U.S.C. 638(j)), is amended by adding at the end the 
     following:
       ``(5) Increased outreach requirements.--Not later than 90 
     days after the date of enactment of this paragraph, the 
     Administration shall modify the policy directives issued 
     pursuant to this subsection to require enhanced outreach 
     efforts to increase the participation of individuals 
     conducting research at minority institutions (as defined in 
     section 365 of the Higher Education Act of 1965

[[Page S5470]]

     (20 U.S.C. 1067k)) and Hispanic-serving institutions (as 
     defined in section 502(a) of such Act (20 U.S.C. 1101a(a))) 
     in SBIR programs.''.
       (2) STTR.--Section 9(p)(2) of the Small Business Act (15 
     U.S.C. 638(p)(2)) is amended--
       (A) in subparagraph (F), by striking ``and'' at the end;
       (B) in subparagraph (G)(iii), by striking the period at the 
     end and inserting ``; and''; and
       (C) by adding at the end the following:
       ``(H) procedures for outreach efforts to increase the 
     participation of individuals conducting research at minority 
     institutions (as defined in section 365 of the Higher 
     Education Act of 1965 (20 U.S.C. 1067k)) and Hispanic-serving 
     institutions (as defined in section 16 502(a) of such Act (20 
     U.S.C. 1101a(a))) in STTR programs.''.

     SEC. 5104. TECHNICAL AND BUSINESS ASSISTANCE IMPROVEMENTS.

       Section 9 of the Small Business Act (15 U.S.C. 638(q)) is 
     amended--
       (1) in subsection (q)--
       (A) in paragraph (1), in the matter preceding subparagraph 
     (A)--
       (i) by striking ``may enter into an agreement with 1 or 
     more vendors selected under paragraph (2)(A) to provide small 
     business concerns engaged in SBIR or STTR projects with 
     technical and business assistance services'' and inserting 
     ``shall authorize recipients of awards under the SBIR program 
     or the STTR program to select, if desired, technical and 
     business assistance provided under subparagraph (A), (B), or 
     (C) of paragraph (2) with respect to SBIR or STTR projects'';
       (ii) by inserting ``cybersecurity assistance,'' after 
     ``intellectual property protections,''; and
       (iii) by striking ``such concerns'' and inserting ``such 
     recipients''; and
       (B) in paragraph (2), by adding at the end the following:
       ``(C) Staff.--A small business concern may, by contract or 
     otherwise, use funding provided under this section to hire 
     new staff, augment staff, or direct staff to conduct or 
     participate in training activities consistent with the goals 
     listed in paragraph (1).'';
       (C) in paragraph (3)--
       (i) by striking subparagraphs (A) and (B) and inserting the 
     following:
       ``(A) Phase i.--A Federal agency described in paragraph (1) 
     shall authorize a recipient of a Phase I SBIR or STTR award 
     to use not more than $6,500 per project, included as part of 
     the award of the recipient or in addition to the amount of 
     the award of the recipient as determined appropriate by the 
     head of the Federal agency, for the services described in 
     paragraph (1)--
       ``(i) provided through a vendor selected under paragraph 
     (2)(A);
       ``(ii) provided through a vendor other than a vendor 
     selected under paragraph (2)(A);
       ``(iii) achieved through the activities described in 
     paragraph (2)(C); or
       ``(iv) provided through any combination of clauses (i) and 
     (ii).
       ``(B) Phase ii.--A Federal agency described in paragraph 
     (1) shall authorize a recipient of a Phase II SBIR or STTR 
     award to utilize not more than $50,000 per project, included 
     as part of the award of the recipient or in addition to the 
     amount of the award of the recipient as determined 
     appropriate by the head of the Federal agency, for the 
     services described in paragraph (1)--
       ``(i) provided through a vendor selected under paragraph 
     (2)(A);
       ``(ii) provided through a vendor other than a vendor 
     selected under paragraph (2)(A);
       ``(iii) achieved through the activities described in 
     paragraph (2)(C); or
       ``(iv) provided through any combination of clauses (i), 
     (ii), and (iii).''; and
       (D) by adding at the end the following:
       ``(5) Targeted review.--A Federal agency may perform 
     targeted reviews of technical and business assistance funding 
     as described in subsection (mm)(1)(F).''; and
       (2) by adding at the end the following:
       ``(aaa) I-Corps Participation.--
       ``(1) In general.--Each Federal agency that is, as of 
     January 1, 2025, required to conduct an SBIR or STTR program 
     with an Innovation Corps program (established under section 
     601 of the American Innovation and Competitiveness Act (42 
     U.S.C. 1862s-8) and commonly known as `I-Corps') shall--
       ``(A) provide an option for participation in an I-Corps 
     teams course, I-Corps bootcamp, or another equivalent 
     training program to recipients of an award under the SBIR or 
     STTR program; and
       ``(B) authorize the recipients described in subparagraph 
     (A) to use amounts authorized under this subsection to 
     participate in the I-Corps teams course, I-Corps bootcamp, or 
     another equivalent training program.
       ``(2) Cost of participation.--The cost of participation by 
     a recipient described in paragraph (1)(A) in an I-Corps 
     course, I-Corps bootcamp, or another equivalent training 
     program may be provided by--
       ``(A) an I-Corps team grant;
       ``(B) funds awarded to the recipient under this subsection;
       ``(C) the participating teams or other sources as 
     appropriate; or
       ``(D) any combination of sources described in subparagraphs 
     (A), (B), and (C).''.

     SEC. 5105. IMPROVEMENTS TO WEBSITE RELATING TO THE SBIR 
                   PROGRAM AND STTR PROGRAM.

       (a) SBIR Program.--Section 9(g)(8) of the Small Business 
     Act (15 U.S.C. 638(g)(8)) is amended--
       (1) in subparagraph (B), by striking ``and'' at the end;
       (2) in subparagraph (C), by adding ``and'' at the end; and
       (3) by adding at the end the following:
       ``(D) for each research institution subcontracted by a 
     recipient of a Phase I, Phase II, or Phase III SBIR award to 
     perform research or research and development with respect to 
     the award--
       ``(i) the name and location of the research institution;
       ``(ii) whether the research institution is--

       ``(I) an institution of higher education (as defined in 
     section 101 of the Higher Education Act of 1965 (20 U.S.C. 
     1001));
       ``(II) a nonprofit institution (as defined in section 4 of 
     the Stevenson-Wydler Technology Innovation Act of 1980 (15 
     U.S.C. 3703)) other than an institution of higher education 
     (as defined in section 101 of the Higher Education Act of 
     1965 (20 U.S.C. 1001)); or
       ``(III) a federally funded research and development center 
     (as identified by the National Scientific Foundation in 
     accordance with the Federal Acquisition Regulation); and

       ``(iii) for each research institution that is an 
     institution of higher education (as defined in section 101 of 
     the Higher Education Act of 1965 (20 U.S.C. 1001)), whether 
     the research institution is--

       ``(I) a part B institution (as defined in section 322 the 
     Higher Education Act of 1965 (20 U.S.C. 1061));
       ``(II) a Hispanic-serving institution (as defined in 
     section 502 of such Act (20 U.S.C. 1101a));
       ``(III) a Tribal College or University (as defined in 
     section 316 of such Act (20 U.S.C. 1059c));
       ``(IV) an Alaska Native-serving institution or a Native 
     Hawaiian-serving institution (as defined in section 317(b) of 
     such Act (20 U.S.C. 1059d(b)));
       ``(V) a Predominantly Black Institution (as defined in 
     section 371(c) of such Act (20 U.S.C. 1067q(c)));
       ``(VI) an Asian American and Native American Pacific 
     Islander-serving institution (as defined in section 371(c) of 
     such Act (20 U.S.C. 10 1067q(c))); or
       ``(VII) a Native American-serving nontribal institution (as 
     defined in section 371(c) of such Act (20 U.S.C. 
     1067q(c)));''.

       (b) STTR Program.--Section 9(o)(9) of the Small Business 
     Act (15 U.S.C. 638(o)(9)) is amended--
       (1) in subparagraph (B), by striking ``and'' at the end;
       (2) in subparagraph (C), by adding ``and'' at the end; and
       (3) by adding at the end the following:
       ``(D) for each research institution subcontracted by a 
     recipient of a Phase I or Phase II STTR award to perform 
     research or research and development with respect to the 
     award--
       ``(i) the name and location of the research institution;
       ``(ii) whether the research institution is--

       ``(I) an institution of higher education (as defined in 
     section 101 of the Higher Education Act of 1965 (20 U.S.C. 
     1001));
       ``(II) a nonprofit institution (as defined in section 4 of 
     the Stevenson-Wydler Technology Innovation Act of 1980 (15 
     U.S.C. 3703)) other than an institution of higher education 
     (as defined in section 101 of the Higher Education Act of 
     1965 (20 U.S.C. 1001)); or
       ``(III) a federally funded research and development center 
     (as identified by the National Scientific Foundation in 
     accordance with the Federal Acquisition Regulation); and

       ``(iii) for each research institution that is an 
     institution of higher education (as defined in section 101 of 
     the Higher Education Act of 1965 (20 U.S.C. 1001)), whether 
     the research institution is--

       ``(I) a part B institution (as defined in section 322 the 
     Higher Education Act of 1965 (20 U.S.C. 1061));
       ``(II) a Hispanic-serving institution (as defined in 
     section 502 of such Act (20 U.S.C. 1101a));
       ``(III) a Tribal College or University (as defined in 
     section 316 of such Act (20 U.S.C. 1059c));
       ``(IV) an Alaska Native-serving institution or a Native 
     Hawaiian-serving institution (as defined in section 317(b) of 
     such Act (20 U.S.C. 1059d(b)));
       ``(V) a Predominantly Black Institution (as defined in 
     section 371(c) of such Act (20 U.S.C. 1067q(c)));
       ``(VI) an Asian American and Native American Pacific 
     Islander-serving institution (as defined in section 371(c) of 
     such Act (20 U.S.C. 25 1067q(c))); or
       ``(VII) a Native American-serving nontribal institution (as 
     defined in section 371(c) of such Act (20 U.S.C. 
     1067q(c)));''.

       (c) Database Reporting.--
       (1) In general.--Section 9(k) of the Small Business Act (15 
     U.S.C. 638(k)) is amended--
       (A) by striking ``Phase I or Phase II SBIR or STTR'' each 
     place it appears and inserting ``Phase I, Phase II, or Phase 
     III SBIR or STTR'';
       (B) in paragraph (1)(B)--
       (i) in clause (ii), by striking ``and'' at the end;
       (ii) in clause (iii), by adding ``and'' at the end; and
       (iii) by adding at the end the following:
       ``(iv) information regarding any research institution 
     subcontracted by that small business concern to perform 
     research or research and development with respect to the 
     award, including--

[[Page S5471]]

       ``(I) the name and location of the research institution;
       ``(II) whether the research institution is--

       ``(aa) an institution of higher education (as defined in 
     section 101 of the Higher Education Act of 1965 (20 U.S.C. 
     1001));
       ``(bb) a nonprofit institution (as defined in section 4 of 
     the Stevenson-Wydler Technology Innovation Act of 1980 (15 
     U.S.C. 3703)) other than an institution of higher education 
     (as defined in section 101 of the Higher Education Act of 
     1965 (20 U.S.C. 1001)); or
       ``(cc) a federally funded research and development center 
     (as identified by the National Scientific Foundation in 
     accordance with the Federal Acquisition Regulation); and

       ``(III) for each research institution that is an 
     institution of higher education (as defined in section 101 of 
     the Higher Education Act of 1965 (20 U.S.C. 1001)), whether 
     the research institution is an institution described in 
     paragraphs (1) through (7) of section 371(a) of such Act (20 
     U.S.C. 1067q(a));'';

       (C) in paragraph (2)--
       (i) in subparagraph (A), by striking ``Phase I or Phase II 
     of the SBIR program or the STTR'' and inserting ``Phase I, 
     Phase II, or Phase III of the SBIR program or the STTR'';
       (ii) in subparagraph (F), by striking ``and'' at the end;
       (iii) in subparagraph (G)(ii), by striking the period at 
     the end and inserting ``; and''; and
       (iv) by adding at the end the following:
       ``(H) contains information for each research institution 
     subcontracted by a recipient of a Phase I, Phase II, or Phase 
     III STTR or SBIR award to perform research or research and 
     development with respect to the award, including--
       ``(i) the name and location of the research institution;
       ``(ii) whether the research institution is--

       ``(I) an institution of higher education (as defined in 
     section 101 of the Higher Education Act of 1965 (20 U.S.C. 
     1001));
       ``(II) a nonprofit institution (as defined in section 4 of 
     the Stevenson-Wydler Technology Innovation Act of 1980 (15 
     U.S.C. 3703)) other than an institution of higher education 
     (as defined in section 101 of the Higher Education Act of 
     1965 (20 U.S.C. 1001)); or
       ``(III) a federally funded research and development center 
     (as identified by the National Scientific Foundation in 
     accordance with the Federal Acquisition Regulation); and

       ``(iii) for each research institution that is an 
     institution of higher education (as defined in section 101 of 
     the Higher Education Act of 1965 (20 U.S.C. 1001)), whether 
     the research institution is an institution described in 
     paragraphs (1) through (7) of section 371(a) of such Act (20 
     U.S.C. 1067q(a)).''; and
       (D) in paragraph (3)(C), by striking ``Phase I or Phase II 
     award'' each place it appears and inserting ``Phase I, Phase 
     II, or Phase III award''.
       (2) Database update deadline.--Notwithstanding paragraphs 
     (1) or (2) of section 9(k) of the Small Business Act (15 
     U.S.C. 638(k)), the Administrator shall, not later than 1 
     year after the date of enactment of this Act, include--
       (A) in the database described such paragraph (1) the 
     information required under such paragraph, as amended by 
     subparagraphs (A) and (B) of paragraph (1) of this 
     subsection; and
       (B) in the database described such paragraph (2) the 
     information required under such paragraph, as amended by 
     subparagraphs (A) and (C) of paragraph (1) of this 
     subsection.

               TITLE XXXV--COMMERCIALIZATION IMPROVEMENTS

     SEC. 5201. PHASE III AWARD EDUCATION.

       Section 9(r) of the Small Business Act (15 U.S.C. 638(r)) 
     is amended by adding at the end the following:
       ``(5) Workforce training.--
       ``(A) In general.--The Administrator, in coordination with 
     the Secretary of Defense, the Administrator of General 
     Services, and the head of any other Federal agency that the 
     Administrator determines appropriate, shall establish 
     training activities for contracting officers and the agency 
     acquisition workforce of Federal agencies to ensure that all 
     such individuals are fully aware of all aspects of Phase III 
     acquisitions under the SBIR and STTR programs, as applicable.
       ``(B) Training topics.--The training activities required 
     under subparagraph (A) shall include training on--
       ``(i) the missions, goals, and authorities of the SBIR and 
     STTR programs;
       ``(ii) the use of Phase III agreements;
       ``(iii) Phase III data rights; and
       ``(iv) the execution of Phase III sole source award 
     contracts.
       ``(C) Definitions.--In this paragraph:
       ``(i) Agency acquisition workforce.--The term `agency 
     acquisition workforce' means the employees of a Federal 
     agency that have procurement or acquisition responsibilities, 
     including--

       ``(I) employees described in section 1703 of title 41, 
     United States Code; and
       ``(II) individuals that are part of the acquisition 
     workforce (as that term is defined in section 101(a) of title 
     10, United States Code).

       ``(ii) Phase iii acquisition.--The term `Phase III 
     acquisition' means an acquisition of a good or service from a 
     participant in Phase III that such participant has 
     commercialized or is seeking to commercialize as such a 
     participant.''.

     SEC. 5202. REPORT ON CERTAIN DENIALS OF PHASE III.

       Section 9(r) of the Small Business Act (15 U.S.C. 638(r)), 
     as amended by this division, is further amended by adding at 
     the end the following:
       ``(6) Reporting.--Not later than 30 days after the date on 
     which the Department of Defense denies a small business 
     concern Phase III agreement, the Secretary of Defense shall 
     report that denial to the Administrator.''.

     SEC. 5203. TECHNOLOGY COMMERCIALIZATION OFFICIAL.

       Section 9 of the Small Business Act (15 U.S.C. 638), as 
     amended by this division, is amended by adding at the end the 
     following:
       ``(bbb) Technology Commercialization Official.--The head of 
     each Federal agency required to establish an SBIR or STTR 
     program shall--
       ``(1) designate an existing official within the Federal 
     agency as the Technology Commercialization Official of that 
     Federal agency, who shall--
       ``(A) have sufficient experience with commercialization;
       ``(B) provide guidance to SBIR and STTR program awardees in 
     commercializing and transitioning technologies;
       ``(C) coordinate with the Administrator and the Technology 
     Commercialization Officials of other Federal agencies to 
     identify additional markets and commercialization pathways 
     for promising SBIR and STTR program technologies;
       ``(D) submit to the Administrator an annual report on the 
     number of technologies from that SBIR or STTR program that 
     have advanced commercialization activities, including 
     information required in the commercialization impact 
     assessment report under subsection (ccc);
       ``(E) identify and advocate for SBIR and STTR technologies 
     with sufficient technology and commercialization readiness to 
     advance to Phase III awards or other non-SBIR or STTR program 
     contracts;
       ``(F) submit to the Administrator an annual report on--
       ``(i) the actions taken by that Federal agency to simply, 
     standardize, and expedite the application process and 
     requirements, procedures, and contracts as required under 
     subsection (hh); and
       ``(ii) the results of the actions taken under clause (i); 
     and
       ``(G) carry out such other duties as the head of that 
     Federal agency determines necessary; or
       ``(2) identify an official in that Federal agency carrying 
     out responsibilities that are substantially similar to those 
     described in subparagraphs (A) through (F) of paragraph 
     (1).''.

     SEC. 5204. PHASE III IMPROVEMENTS.

       (a) Procurement Center Representative Directives.--
       (1) In general.--Section 9(j)(4) of the Small Business Act 
     (15 U.S.C. 638(j)(4)) is amended by inserting before the 
     period at the end the following: ``, and advocate for the 
     maximum practicable use and transition of products, services, 
     and technologies developed under SBIR or STTR programs to 
     Phase III by means of Phase III awards to small business 
     concerns''.
       (2) Modification deadline.--Not later than 1 year after the 
     date of enactment of this Act, the Administrator of the Small 
     Business Administration shall modify the policy directives 
     issues pursuant to subsection (j) of section 9 of the Small 
     Business Act (15 U.S.C. 638(j)) in accordance with paragraph 
     (4) of that subsection, as amended by paragraph (1).
       (b) Phase III Award Simplification.--Section 9(r)(4) of the 
     Small Business Act (15 U.S.C. 638(r)(4)) is amended--
       (1) in subparagraph (A), by striking ``and'' at the end;
       (2) in subparagraph (B), by striking the period at the end 
     and inserting a semicolon; and
       (3) by adding at the end the following:
       ``(C) report to the Administrator on the actions taken by 
     the Federal agency or Federal prime contractor to develop 
     simplified and standardized procedures and model contracts 
     for Phase I, Phase II, and Phase III SBIR awards; and
       ``(D) issue standardized solicitation provisions and 
     contract clauses that provide clear guidance on the 
     information that small business concerns participating in 
     SBIR or STTR programs can be expected to provide as part of 
     market research or as part of a proposal by those small 
     business concerns to establish eligibility for Phase III 
     awards.''.

                      TITLE XXXVI--PILOT PROGRAMS

     SEC. 5301. EXTEND AND MODIFY ASSISTANCE FOR ADMINISTRATIVE, 
                   OVERSIGHT, AND CONTRACT PROCESSING COSTS.

       (a) In General.--Section 9(mm)(1) of the Small Business Act 
     (15 U.S.C. 638(mm)(1)), as amended by this division, is 
     further amended--
       (1) by redesignating subparagraphs (A) through (L) as 
     clauses (i) through (xii), respectively, and adjusting the 
     margins accordingly;
       (2) by striking ``Subject to paragraph (3)'' and inserting 
     the following;
       ``(A) Use of funds.--Subject to subparagraph (B) and 
     paragraph (3)'';
       (3) in subparagraph (A), as so redesignated--
       (A) by striking ``September 30, 2025'' and inserting 
     ``September 30, 2030''; and
       (B) by striking ``3 percent'' and inserting ``3.3 
     percent''; and

[[Page S5472]]

       (4) by adding at the end the following:
       ``(B) Transfer of funds.--
       ``(i) In general.--Not later than 60 days after the date of 
     enactment of an Act providing appropriations for the 
     Department of Defense, the Department of Energy, the 
     Department of Health and Human Services, the National 
     Aeronautics and Space Administration, or the National Science 
     Foundation, the head of each such entity for which that Act 
     provided appropriations shall transfer not less than 10 
     percent of the amount of the funds used for the purposes 
     described in clauses (i) through (xii) of subparagraph (A) to 
     the Administrator to increase the resources of the 
     Administration for administering the SBIR and STTR programs.
       ``(ii) Fund use limits.--None of the funds transferred 
     under clause (i) may be used for or with respect to any 
     program established under the Small Business Investment Act 
     of 1958 (15 U.S.C. 661 et seq.).''.
       (b) Increasing Participation of Underserved Populations in 
     the SBIR and STTR Programs.--
       (1) In general.--Section 9(mm)(2) of the Small Business Act 
     (15 U.S.C. 638(mm)(2)) is amended to read as follows:
       ``(2) Outreach and technical assistance.--A Federal agency 
     participating in the program under this subsection may use a 
     portion of the funds authorized for uses under paragraph (1) 
     to carry out the policy directive required under subsection 
     (j)(2)(F) and to increase the participation of States with 
     respect to which a low level of SBIR awards have historically 
     been awarded.''.
       (2) Conforming amendment.--Section 9(mm)(6) of the Small 
     Business Act (15 U.S.C. 638(mm)(6)) is amended by striking 
     ``including'' and all that follows through the period at the 
     end and inserting the following: ``including--
       ``(A) the use of funds transferred under subparagraph (B) 
     of paragraph (1) for the uses authorized under that 
     subparagraph and to achieve the objectives of paragraph (2); 
     and
       ``(B) the use of other funds under this subsection to 
     achieve those objectives.''.

     SEC. 5302. EXTEND AND EXPAND THE DIRECT TO PHASE II 
                   AUTHORITY.

       Section 9(cc) of the Small Business Act (15 U.S.C. 638(cc)) 
     is amended--
       (1) by striking ``During'' and inserting the following:
       ``(1) In general.--During'';
       (2) in paragraph (1), as so designated--
       (A) by striking ``2012 through 2025'' and inserting ``2012 
     through 2030''; and
       (B) by striking ``the National Institutes of Health, the 
     Department of Defense, and the Department of Education may 
     each'' and inserting ``each Federal agency required to carry 
     out an SBIR program may''; and
       (3) by adding at the end the following:
       ``(2) Limitation.--The total value of awards provided by a 
     Federal agency under this subsection in a fiscal year shall 
     be--
       ``(A) except as provided in subparagraph (B), not more than 
     10 percent of the total funds allocated to the SBIR program 
     of the Federal agency during that fiscal year; and
       ``(B) with respect to the National Institutes of Health, 
     not more than 15 percent of the total funds allocated to the 
     SBIR program of the National Institutes of Health during that 
     fiscal year.
       ``(3) Report.--Each head of a Federal agency that exercises 
     the authority under this subsection shall include in the next 
     report submitted by that Federal agency under subsection 
     (g)(9) following that exercise of authority the number and 
     amount of awards provided under this subsection by that 
     Federal agency during the period covered by that report.''.

     SEC. 5303. EXTEND COMMERCIALIZATION READINESS PROGRAM FOR 
                   CIVILIAN AGENCIES.

       Section 9(gg) of the Small Business Act (15 U.S.C. 638(gg)) 
     is amended--
       (1) in the subsection heading, by striking ``Pilot'' and 
     inserting ``Civilian Agencies Commercialization Readiness'';
       (2) by striking ``pilot program'' each place that term 
     appears and inserting ``covered program''; and
       (3) in paragraph (7), by striking ``fiscal year 2025'' and 
     inserting ``fiscal year 2030''.

     SEC. 5304. EXTENSION OF CERTAIN SBIR AND STTR PILOT PROGRAMS.

       (a) Phase 0 Proof of Concept Partnership Program.--Section 
     9(jj)(7) of the Small Business Act (15 U.S.C. 638(jj)(7)) is 
     amended by striking ``at the end of fiscal year 2025'' and 
     inserting ``on September 30, 2030''.
       (b) Commercialization Assistance Pilot Programs.--Section 
     9(uu)(3) of the Small Business Act (15 U.S.C. 638(uu)(3)) is 
     amended by striking ``September 30, 2025'' and inserting 
     ``September 30, 2030''.

     SEC. 5305. EXTENSION OF DUE DILIGENCE PROGRAM TO ASSESS 
                   SECURITY RISKS.

       Section 9(vv)(3)(C) of the Small Business Act (15 U.S.C. 
     638(vv)(3)(C)) is amended by striking ``September 30, 2025'' 
     and inserting ``September 30, 2030''.

         TITLE XXXVII--OVERSIGHT AND SIMPLIFICATION INITIATIVES

     SEC. 5401. ANNUAL REPORTS TO CONGRESS.

       Section 9 of the Small Business Act (15 U.S.C. 638) is 
     amended--
       (1) in subsection (g)--
       (A) in paragraph (9)--
       (i) by inserting ``the Committee on Small Business and 
     Entrepreneurship of the Senate, the Committee on Small 
     Business of the House of Representatives,'' after ``SBIR 
     program to'';
       (ii) by inserting a comma after ``Administration''; and
       (iii) by inserting after ``Technology Policy'' the 
     following: ``and publish that report on the website of that 
     Federal agency as soon as practicable''; and
       (B) in paragraph (10), by striking ``applicable),,'' and 
     inserting ``applicable),'';
       (2) in subsection (o)--
       (A) in paragraph (8), by striking ``applicable),,'' and 
     inserting ``applicable),''; and
       (B) in paragraph (10)--
       (i) by inserting ``the Committee on Small Business and 
     Entrepreneurship of the Senate, the Committee on Small 
     Business of the House of Representatives,'' after ``STTR 
     program to'';
       (ii) by inserting a comma after ``Administration''; and
       (iii) by inserting after ``Technology Policy'' the 
     following: ``and publish that report on the website of that 
     Federal agency as soon as practicable''; and
       (3) in subsection (gg)(6), by inserting ``Congress and'' 
     after ``agency to''.

     SEC. 5402. COMPTROLLER GENERAL REPORT ON DIVERSIFICATION AND 
                   COMMERCIALIZATION.

       (a) Definitions.--In this section:
       (1) Federal agency; sbir; sttr.--The terms ``Federal 
     agency'', ``SBIR'', and ``STTR'' have the meanings given 
     those terms in section 9(e) of the Small Business Act (15 
     U.S.C. 638(e)).
       (2) New entrant.--The term ``new entrant'' means a small 
     business concern that has not previously received an SBIR or 
     STTR award.
       (3) Underrepresented groups.--The term ``underrepresented 
     groups'' means small business concerns located in States with 
     respect to which a low level of SBIR and STTR awards have 
     historically been awarded, small business concerns owned and 
     controlled by women, and small business concerns owned and 
     controlled by socially and economically disadvantaged 
     individuals.
       (4) Participating agency.--The term ``participating 
     agency'' means a Federal agency carrying out an SBIR or STTR 
     program under section 9 of the Small Business Act (15 U.S.C. 
     638).
       (5) Small business concern.--The term ``small business 
     concern'' has the meaning given the term in section 3 of the 
     Small Business Act (15 U.S.C. 632).
       (6) Small business concern owned and controlled by socially 
     and economically disadvantaged individuals; small business 
     concern owned and controlled by women.--The terms ``small 
     business concern owned and controlled by socially and 
     economically disadvantaged individuals'' and ``small business 
     concern owned and controlled by women'' have the meanings 
     given those terms in section 8(d) of the Small Business Act 
     (15 U.S.C. 637(d)).
       (b) Report.--Not later than 3 years after the date of 
     enactment of this Act, the Comptroller General of the United 
     States shall submit to the Committee on Small Business and 
     Entrepreneurship of the Senate and the Committee on Small 
     Business of the House of Representatives a report on the 
     effectiveness of the SBIR and STTR programs with respect to 
     diversification of participants and commercialization.
       (c) Contents.--The report shall include, to the extent 
     practicable, an assessment of--
       (1) the demographics of small business concerns receiving 
     SBIR or STTR awards, including new entrants and 
     underrepresented groups;
       (2) the efforts of participating agencies to broaden 
     representation and participation of new entrants and 
     underrepresented groups in the SBIR and STTR programs;
       (3) how participating agencies develop solicitation topics 
     and attract applicants;
       (4) the efforts of participating agencies to support 
     technology commercialization;
       (5) the extent to which the SBIR and STTR awards made by 
     each participating agency align with the research priorities 
     and technology needs of that participating agency; and
       (6) such other matters as the Comptroller General, in 
     consultation with the Committee on Small Business and 
     Entrepreneurship of the Senate and the Committee on Small 
     Business of the House of Representatives, determines 
     appropriate.

     SEC. 5403. EXTEND THE REPORT ON AWARD TIMELINESS.

       Section 9(ii)(2)(A) of the Small Business Act (15 U.S.C. 
     638(ii)(2)(A)) is amended--
       (1) in the matter preceding clause (i), by striking ``3 
     years'' and inserting ``11 years'';
       (2) in clause (i), by striking ``and'' at the end;
       (3) by redesignating clause (ii) as clause (iii); and
       (4) by inserting after clause (i) the following:
       ``(ii) provides the average and median amount of time that 
     each Federal agency with an SBIR or STTR program takes to 
     review and make a final decision on proposals submitted under 
     the program; and''.

     SEC. 5404. PILOT PROGRAM TO ACCELERATE NATIONAL INSTITUTES OF 
                   HEALTH EVALUATION PROCESS.

       (a) In General.--Section 9(hh) of the Small Business Act 
     (15 U.S.C. 638(hh)) is amended by adding at the end the 
     following:
       ``(3) Pilot program to accelerate the national institutes 
     of health sbir and sttr awards.--

[[Page S5473]]

       ``(A) In general.--Not later than 1 year after the date of 
     enactment of this paragraph, the Director of the National 
     Institutes of Health shall establish a pilot program to 
     reduce the time for awards under the SBIR and STTR programs 
     of the National Institutes of Health.
       ``(B) Award procedures.--In carrying out the pilot program 
     under subparagraph (A), the Director of the National 
     Institutes of Health shall develop simplified and 
     standardized procedures across all relevant awarding offices 
     at the National Institutes of Health and reduce the amount of 
     time between the provision of notice of those awards and the 
     subsequent release of funding with respect to the awards to 
     be as close to 90 days as possible.
       ``(C) Merit review.--
       ``(i) In general.--Under the pilot program under 
     subparagraph (A), the Director of the National Institutes of 
     Health may, with respect to awards under the SBIR and STTR 
     programs of the National Institutes of Health, use such peer 
     review procedures (including consultation with appropriate 
     scientific experts) as the Director determines to be 
     appropriate to obtain assessments of scientific and technical 
     merit and potential for commercialization.
       ``(ii) Deemed.--The use of peer review procedures under 
     clause (i) shall be deemed to fulfill any requirements 
     applicable to the award under the SBIR or STTR program of the 
     National Institutes of Health under sections 406(a)(3)(A) and 
     492 of the Public Health Service Act (42 U.S.C. 
     284a(a)(3)(A), 289a).
       ``(D) Termination.--The pilot program under subparagraph 
     (A) shall terminate on September 30, 2030.''.
       (b) Evaluation Report.--Not later than 3 years after the 
     date of enactment of this Act, the Director of the National 
     Institutes of Health 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 an evaluation of 
     the pilot program established under paragraph (3) of section 
     9(hh) of the Small Business Act (15 U.S.C. 638(hh)), as added 
     by subsection (a), including an analysis of the peer review 
     procedures used under subparagraph (C) of that paragraph and 
     the effects on award times.

     SEC. 5405. CODIFYING SAFEGUARDS FOR SMALL BUSINESS CONCERNS 
                   MAJORITY-OWNED BY VENTURE CAPITAL OPERATING 
                   COMPANIES, HEDGE FUNDS, OR PRIVATE EQUITY 
                   FIRMS.

       (a) In General.--Section 9(dd) of the Small Business Act 
     (15 U.S.C. 638(dd)) is amended--
       (1) in paragraph (6)(B), by striking ``If a Federal'' and 
     inserting ``Except as provided in paragraph (8), if a 
     Federal''; and
       (2) by adding at the end the following:
       ``(8) Participation limits.--
       ``(A) Definitions.--In this paragraph:
       ``(i) Covered foreign entity.--the term `covered foreign 
     entity'--

       ``(I) means--

       ``(aa) a foreign entity of concern;
       ``(bb) a government or political party of a foreign country 
     of concern;
       ``(cc) a natural person who is not a lawful permanent 
     resident of the United States, citizen of the United States, 
     or any other protected individual (as that term is defined in 
     section 274B(a)(3) of the Immigration and Nationality Act (8 
     U.S.C. 1324b(a)(3))); or
       ``(dd) a partnership, association, corporation, 
     organization, or other combination of persons organized under 
     the laws of or having its principal place of business in a 
     foreign country of concern; and

       ``(II) includes--

       ``(aa) any entity owned by, controlled by, or subject to 
     the jurisdiction or direction of an entity listed in 
     subclause (I);
       ``(bb) any person, wherever located, who acts as an agent, 
     representative, or employee of an entity listed in subclause 
     (I);
       ``(cc) any person who acts in any other capacity at the 
     order, request, or under the direction or control, of an 
     entity listed in subclause (I), or of a person whose 
     activities are directly or indirectly supervised, directed, 
     controlled, financed, or subsidized in whole or in majority 
     part by an entity listed in subclause (I);
       ``(dd) any person who directly or indirectly through any 
     contract, arrangement, understanding, relationship, or 
     otherwise, owns 25 percent or more of the equity interests of 
     an entity listed in subclause (I);
       ``(ee) any person with significant responsibility to 
     control, manage, or direct an entity listed in subclause (I);
       ``(ff) any person, wherever located, who is a citizen or 
     resident of a country controlled by an entity listed in 
     subclause (I); or
       ``(gg) any corporation, partnership, association, or other 
     organization organized under the laws of a country controlled 
     by an entity listed in subclause (I).
       ``(ii) Foreign entity of concern.--The term `foreign entity 
     of concern' means a foreign entity that is--

       ``(I) designated as a foreign terrorist organization by the 
     Secretary of State under section 219(a) of the Immigration 
     and Nationality Act (8 U.S.C. 1189(a));
       ``(II) included on the list of specially designated 
     nationals and blocked persons maintained by the Office of 
     Foreign Assets Control of the Department of the Treasury 
     (commonly known as the SDN list);
       ``(III) owned by, controlled by, or subject to the 
     jurisdiction or direction of a government of a foreign 
     country that is a covered nation (as that term is defined in 
     section 4872 of title 10, United States Code);
       ``(IV) alleged by the Attorney General to have been 
     involved in activities for which a conviction was obtained 
     under--

       ``(aa) chapter 37 of title 18, United States Code (commonly 
     known as the `Espionage Act');
       ``(bb) section 951 or 1030 of title 18, United States Code;
       ``(cc) chapter 90 of title 18, United States Code (commonly 
     known as the `Economic Espionage Act of 1996');
       ``(dd) the Arms Export Control Act (22 U.S.C. 2751 et 
     seq.);
       ``(ee) section 224, 225, 226, 227, or 236 of the Atomic 
     Energy Act of 1954 (42 U.S.C. 2274, 2275, 2276, 2277, and 
     2284);
       ``(ff) the Export Control Reform Act of 2018 (50 U.S.C. 
     4801 et seq.); or
       ``(gg) the International Emergency Economic Powers Act (50 
     U.S.C. 1701 et seq.); or

       ``(V) determined by the Secretary of Commerce, in 
     consultation with the Secretary of Defense and the Director 
     of National Intelligence, to be engaged in unauthorized 
     conduct that is detrimental to the national security or 
     foreign policy of the United States.

       ``(B) Ownership by a covered foreign entity.--A small 
     business concern that is majority-owned by multiple venture 
     capital operating companies, hedge funds, or private equity 
     firms is ineligible to receive an award under any SBIR 
     program if the Administrator determines that such small 
     business concern is, or is owned and controlled in majority 
     part by, a covered foreign entity.
       ``(C) Ownership determination.--In determining whether a 
     small business concern is ineligible to receive an award 
     under any SBIR program under subparagraph (A), the 
     Administrator shall consider whether the small business 
     concern is a direct or indirect subsidiary of a foreign-owned 
     firm.
       ``(D) Size standards.--The Administrator shall establish 
     size standards for small business concerns seeking to 
     participate in an SBIR program solely under the authority 
     under this section.''.
       (b) Applicability.--The amendments made by subsection (a) 
     shall apply only with respect to awards made under a Small 
     Business Innovation Research Program (as defined in section 
     9(e) of the Small Business Act (15 U.S.C. 638(e))) after the 
     date of enactment of this Act.

     SEC. 5406. COMMERCIALIZATION IMPACT ASSESSMENT.

       Section 9 of the Small Business Act (15 U.S.C. 638), as 
     amended by this division, is amended by adding at the end the 
     following:
       ``(ccc) Commercialization Impact Assessment.--
       ``(1) In general.--The Administrator shall coordinate with 
     the head of each Federal agency with an SBIR or STTR program 
     to develop an annual commercialization impact assessment, 
     which shall measure, for each small business concern that has 
     received not less than 50 Phase II awards on or after October 
     1 of the ninth full fiscal year beginning before the fiscal 
     year in which the assessment is carried out--
       ``(A) the total dollar value of Federal awards, subgrants, 
     contracts, and subcontracts, other than SBIR or STTR awards, 
     received by the small business concern in the preceding 9 
     fiscal years;
       ``(B) the total dollar value of all SBIR and STTR Phase I 
     and Phase II awards received by the small business concern in 
     the preceding 9 fiscal years;
       ``(C) the average annual gross revenue of the small 
     business concern over the preceding 9 fiscal years;
       ``(D) the total revenue of the small business concern 
     received or realized in the preceding 9 fiscal years from the 
     sale or licensing of any product or service resulting from 
     research conducted under an SBIR or STTR award, which shall 
     be disaggregated by the revenue from those sales and the 
     revenue from that licensing;
       ``(E) additional investments in the small business concern 
     from any source, other than Phase I or Phase II SBIR or STTR 
     awards, to further the research and development conducted 
     under an SBIR or STTR award received by the small business 
     concern in the preceding 9 fiscal years;
       ``(F) any mergers and acquisitions of SBIR or STTR award 
     recipients during or after the completion of a Phase II 
     award;
       ``(G) new, unique spin-out companies and third party 
     revenues from any businesses in the preceding 9 fiscal years 
     resulting from research conducted by the small business 
     concern under an SBIR or STTR award;
       ``(H) the year in which the first Phase II award was 
     received by the small business concern and the total number 
     of employees of the small business concern at the time of the 
     first Phase II award;
       ``(I) the number of employees, as of the end of the most 
     recently completed fiscal year; and
       ``(J) the total number and value of Phase III awards 
     received by the small business concern.
       ``(2) Publication.--The Administrator shall create a report 
     on the findings of each commercialization impact assessment 
     and shall--
       ``(A) include that report in the annual report required 
     under subsection (b)(7); and
       ``(B) submit that report to--
       ``(i) the Committee on Small Business and Entrepreneurship 
     of the Senate; and
       ``(ii) the Committee on Science, Space, and Technology and 
     the Committee on Small Business of the House of 
     Representatives.''.

[[Page S5474]]

  


                    TITLE XXXVIII--TECHNICAL CHANGES

     SEC. 5501. INCLUSION OF SBICS IN THE SBIR AND STTR PROGRAMS.

       Section 9 of the Small Business Act (15 U.S.C. 638), as 
     amended by this division, is amended--
       (1) by striking ``or private equity firm investment'' each 
     place that term appears and inserting ``private equity firm, 
     or SBIC investment'';
       (2) by striking ``or private equity firms'' each place that 
     term appears and inserting ``private equity firms, or 
     SBICs'';
       (3) in subsection (e)--
       (A) in paragraph (18), by striking ``and'' at the end;
       (B) in paragraph (19), by striking the period at the end 
     and inserting ``; and''; and
       (C) by adding at the end the following:
       ``(20) the term `SBIC' means a small business investment 
     company as defined in section 103 of the Small Business 
     Investment Act of 1958 (15 U.S.C. 662).''; and
       (4) in the heading for subsection (dd), by striking ``or 
     Private Equity Firms'' and inserting ``Private Equity Firms, 
     or SBICs''.

     SEC. 5502. PHASE III AND SOLE-SOURCE AWARDS.

       Section 9(r) of the Small Business Act (15 U.S.C. 638) is 
     amended--
       (1) in the heading, by inserting ``Sole Source and Other'' 
     after ``Justification for''; and
       (2) in the heading for paragraph (4), by inserting ``sole 
     source and other'' after ``justification for''.
                                 ______