,,ib ,union ,calendar ,no4 #fhg #aadth ,,congress #b;d ,session ,h4 ,r4 #dghc ,report ,no4 #aad-gje1 ,part ,i ,,in ,,the ,,house ,,of ,,representatives ,march #ag1 #bjaf ,mr4 ,chabot 7for himself and ,ms4 ,velzquez7 introduced the following bill2 which was referred to the ,committee on ,small ,business1 and in addition to the ,committee on ,science1 ,space1 and ,technology1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,july #be1 #bjaf ,reported from the ,committee on ,small ,business ,strike out all after the enacting clause and insert the part printed in italic ,july #be1 #bjaf ,referral to the ,committee on ,science1 ,space1 and ,technology extended for a period ending not later than ,december #af1 #bjaf ,december #af1 #bjaf ,the ,committee on ,science1 ,space1 and ,technology discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed ,for text of introduced bill1 see copy of bill as introduced on ,march #ag1 #bjaf ,a ,,bill ,to reauthorize and improve the ,small ,business ,innovation ,research ,program and the ,small ,business ,technology ,transfer ,program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,commercializing on ,small ,business ,innovation ,act of #bjaf4 #b4 ,extension of termination dates 7a7 ,,sbir ,section #i7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7m77 is amended by striking #bjag and inserting #bjbb4 7b7 ,,sttr ,section #i7n77#a77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7n77#a77;,a77 is amended by striking #bjag and inserting #bjbb4 7c7 ,administrative funding ,section #i7mm77#a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#a77 is amended by striking #bjag and inserting #bjbb4 #c4 ,required expenditure amounts 7a7 ,,sbir ,section #i7;f77#a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;f77#a77 is amended-- 7#a7 in subparagraph 7,h71 by striking the and at the end2 7#b7 in subparagraph 7,i71 by striking and each fiscal year thereafter1 and inserting a semicolon2 and 7#c7 by inserting after subparagraph 7,i7 the following new subparagraphs3 7,j7 not less than #c4df percent of such budget in fiscal year #bjah2 7,k7 not less than #c4gb percent of such budget in fiscal year #bjai2 7,l7 not less than #c4ih percent of such budget in fiscal year #bjbj2 7,m7 not less than #d4bd percent of such budget in fiscal year #bjba2 and 7,n7 not less than #d4ej percent of such budget in fiscal year #bjbb and each fiscal year thereafter1 4 7b7 ,,sttr ,section #i7n77#a77;,b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7n77#a77;,b77 is amended-- 7#a7 in clause 7iv71 by striking the and at the end2 7#b7 in clause 7v71 by striking for fiscal year #bjaf and each fiscal year thereafter4 and inserting for each of fiscal years #bjaf and #bjag2 2 and 7#c7 by adding at the end the following new clauses3 7vi7 #j4ej percent for each of fiscal years #bjah and #bjai2 7vii7 #j4ee percent for each of fiscal years #bjbj and #bjba2 and 7viii7 #j4fj percent for fiscal year #bjbb and each fiscal year thereafter4 4 #d4 ,reporting requirements 7a7 ,annual report to ,congress ,section #i7;b77#g7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;b77#g77 is amended by striking to report not less than annually and inserting to submit a report not later than ,december #ca of each year4 7b7 ,annual reports to the ,administrator required to be submitted not later than ,march #cj of each year ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in subsection 7g77#i71 by striking make an annual report and inserting not later than ,march #cj of each year1 submit a report2 7#b7 in subsection 7i77#a71 by striking shall report annually to the ,small ,business ,administration and inserting shall1 not later than ,march #cj of each year1 submit a report to the ,small ,business ,administration that includes2 7#c7 in subsection 7j7-- 7,a7 in paragraph 7#a77;,e71 by striking simplified1 standardized1 and timely annual report and inserting not later than ,march #cj of each year1 a simplified and standardized report2 and 7,b7 in paragraph 7#c77;,c71 by striking to require agencies to report to the ,administration1 not less frequently than annually1 all instances in which an and inserting to require each agency1 not later than ,march #cj of each year1 to submit a report to the ,administration on all instance in which the2 7#d7 in subsection 7o77#aj71 by striking submit an annual report and inserting not later than ,march #cj of each year1 submit a report2 7#e7 in subsection 7y77#f77;,c71 by striking submit and inserting not later than ,march #cj of each year1 submit2 7#f7 in subsection 7dd77#d77;,a71 by striking and submit and inserting and1 not later than ,march #cj of each year1 submit2 7#g7 in subsection 7gg77#f71 by striking include in the annual and inserting include1 not later than ,march #cj of each year1 a2 7#h7 in subsection 7ii7 by inserting 1 not later than ,march #cj of each year1 after shall2 7#i7 in subsection 7mm77#f71 by inserting 1 not later than ,june #cj of each year1 after shall2 7#aj7 in subsection 7nn77#c77;,a7-- 7,a7 by striking an annual and inserting a 2 and 7,b7 by inserting 1 not later than ,march #cj of each year1 after shall2 and 7#aa7 in subsection 7ss71 by striking ,october #a1 #bjac1 and annually thereafter1 and inserting ,march #cj of each year14 7c7 ,failure to report administrative funds ,section #i7mm7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77 is amended by adding at the end the following new paragraph3 7#g7 ,failure to report administrative funds 7,a7 ,in general ,not later than ,march #cj following each fiscal year for which funds are authorized to be used by a ,federal agency under paragraph 7#a71 the ,federal agency shall submit a report to the ,administrator that identifies how the ,federal agency used such funds during such fiscal year4 7,b7 ,failure to submit a report ,if a ,federal agency fails to submit a report required under subparagraph 7,a71 paragraph 7#a7 shall not apply to such ,federal agency unless-- 7i7 such report is submitted2 and 7ii7 such ,federal agency submits an additional report to the ,administrator that identifies how such ,federal agency plans to ensure timely reporting under this paragraph4 4 #e4 ,indexing awards for inflation ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in subsection 7j77#b7-- 7,a7 by striking subparagraph 7,d72 7,b7 by redesignating subparagraphs 7,e7 through 7,i7 as subparagraphs 7,d7 through 7,h71 respectively2 and 7,c7 in subparagraph 7,h71 as so redesignated1 by striking subparagraph 7,h7 and inserting subparagraph 7,g72 7#b7 in subsection 7p77#b77;,b7-- 7,a7 in clause 7vii71 by adding and at the end2 7,b7 in clause 7viii71 by striking and at the end2 and 7,c7 by striking clause 7ix72 7#c7 in subsection 7gg77#c71 by striking awards under subsection 7j77#b77;,d7 or 7p77#b77;,b77ix74 and inserting awards under subsection 7tt77#b742 and 7#d7 by adding at the end the following new subsection3 7tt7 ,awards under ,phase ,i and ,phase ,,ii adjusted for inflation 7#a7 ,phase ,i awards ,an award for ,phase ,i of an ,,sbir or ,,sttr program may not exceed #aej1jjj4 7#b7 ,phase ,,ii awards ,an award for ,phase ,,ii of an ,,sbir or ,,sttr program may not exceed #a1jjj1jjj4 7#c7 ,adjustment for inflation ,the ,administrator shall adjust the dollar amounts under paragraphs 7#a7 and 7#b7 for inflation in accordance with section #aijh of title #da1 ,united ,states ,code4 4 #f4 ,requirements for insertion incentives ,section #i7y77#e7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7y77#e77 is amended by striking is authorized to and inserting shall4 #g4 ,clarification of eligibility of certain small businesses 7a7 ,,sbir ,section #i7;j7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;j77 is amended by adding at the end the following new paragraph3 7#d7 ,modification to clarify eligibility of certain small businesses ,not later than #ahj days after the date of the enactment of the ,commercializing on ,small ,business ,innovation ,act of #bjaf1 the ,administrator shall modify the policy directives issued pursuant to this subsection to clarify that the small business concerns described in subparagraphs 7,b71 7,c71 and 7,d7 of section #c7p77#c7 are eligible to receive awards under the ,,sbir program4 4 7b7 ,,sttr ,section #i7p7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7p77 is amended by adding at the end the following new paragraph3 7#d7 ,modification to clarify eligibility of certain small businesses ,not later than #ahj days after the date of the enactment of the ,commercializing on ,small ,business ,innovation ,act of #bjaf1 the ,administrator shall modify the policy directives issued pursuant to this subsection to clarify that the small business concerns described in subparagraphs 7,b71 7,c71 and 7,d7 of section #c7p77#c7 are eligible to receive awards under the ,,sttr program4 4 #h4 ,commercialization ,assistance ,pilot ,program ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch71 as amended by section #e1 is further amended by adding at the end the following new subsection3 7uu7 ,commercialization ,assistance ,pilot ,programs 7#a7 ,pilot programs implemented 7,a7 ,in general ,except as provided in subparagraph 7,b71 not later than one year after the date of the enactment of ,commercializing on ,small ,business ,innovation ,act of #bjaf1 a covered agency shall implement a commercialization assistance pilot program to award eligible entities with a second sequential ,,sbir award4 7,b7 ,exception ,if the ,administrator determines that a covered agency has a program that is sufficiently similar to a commercialization assistance pilot program1 such agency shall not be required to implement a commercialization assistance pilot program under subparagraph 7,a74 7,c7 ,percent of agency funds ,a covered agency may not use more than #e percent of its total ,,sbir budget for awards under the commercialization assistance pilot program4 7,d7 ,termination ,the commercialization assistance pilot programs shall terminate on ,september #cj1 #bjbb4 7#b7 ,matching ,requirement 7,a7 ,in general ,the ,administrator shall require as a condition of any award made to an eligible entity under a commercialization assistance pilot program1 that a matching amount 7excluding any fees collected from recipients of such assistance7 equal to the amount of such award be provided from an eligible third-party investor1 before the end of the commercialization assistance pilot program award4 7,b7 ,ineligible funding ,an eligible entity may not use funding from ineligible sources to meet the matching requirement of subparagraph 7,a74 7#c7 ,award 7,a7 ,size of award ,an award under this subsection may not exceed the limitations in subsection 7aa77#a74 7,b7 ,timing ,awards provided under the commercialization assistance pilot program shall be distributed during the ,phase ,,ii award period of the recipient eligible entity4 7#d7 ,application ,in order to be selected to receive a second sequential ,,sbir award under a commercialization assistance pilot program1 an eligible entity shall submit to the covered agency implementing such pilot program-- 7,a7 an application at such time1 in such manner1 and containing such information as the covered agency may require2 and 7,b7 the source and amount of the matching funding required under paragraph 7#b74 7#e7 ,use of ,funds ,the funds awarded under a commercialization assistance pilot program may only be used for research and development activities that build on the eligible entity's ,phase ,,ii program and catalyze acceleration towards commercialization4 7#f7 ,determination of recipients ,in determining which applicants receive awards under the commercialization assistance pilot program1 the head of a covered agency shall consider-- 7,a7 the extent to which the supplemental funds awarded under the pilot program could aid the applicant commercialize its research2 7,b7 whether the proposed plan provides a sound approach for establishing technical feasibility that could lead to commercialization2 7,c7 whether the proposed activity reflect changes to the ,phase ,,ii commercialization plan that further improves the chances of conversion of research in order to provide societal benefits2 7,d7 whether the small business concern has progressed satisfactorily in the ,phase ,,ii activity to justify additional funding2 7,e7 the expectations of the third-party funding2 and 7,f7 the likelihood that the third-party funded activity will lead to commercial and societal benefit4 7#g7 ,evaluation ,report ,not later than #c years after the date of the enactment of ,commercializing on ,small ,business ,innovation ,act of #bjaf1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,science1 ,space1 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 that includes-- 7,a7 a summary of the activities of the commercialization assistance pilot programs2 7,b7 a detailed compilation of results achieved by the commercialization assistance pilot programs1 including the number of small business concerns that received awards under the pilot program2 7,c7 the rate at which the recipients under the pilot program commercialized their research2 7,d7 the growth in employment and revenue of companies that participated in the pilot program2 7,e7 a comparison of commercialization success of pilot program participants and recipients of a non-matching sequential ,phase ,,ii award2 7,f7 demographic information such as ethnicity and geographic location of participant companies2 7,g7 an accounting of the funds used at each participating agency in the pilot program2 7,h7 a distribution of third-party funding by source2 7,i7 an analysis of the program's effectiveness at each participating agency2 and 7,j7 recommendations for improvement to the pilot program1 in the case that ,congress were to make it permanent4 7#h7 ,definitions ,for purposes of this subsection3 7,a7 ,covered agency ,the term covered agency means a ,federal agency required to have an ,,sbir program4 7,b7 ,eligible entity ,the term eligible entity means a small business concern that has received a ,phase ,,ii award and a ,phase ,,ii sequential award from the covered agency to which such entity is applying for a second sequential ,,sbir award4 7,c7 ,eligible third-party investor ,the term eligible third-party investors means a small business concern other than the eligible entity1 a venture capital firm1 an individual investor1 a non-,,sbir ,federal1 ,state or local government1 or any combination thereof4 7,d7 ,ineligible sources ,the term ineligible sources means the following3 7i7 ,the awardee's internal research and development funds4 7ii7 ,funding in forms other than cash such as in-kind or other intangible assets4 7iii7 ,funding from the owners of the eligible entity1 or the family members or affiliates of such owners4 7iv7 ,funding attained through loans or other forms of debt obligations4 4 #i4 ,increased underserved population participation waiver removed 7a7 ,in general ,section #i7mm77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#b77 is amended to read as follows3 7#b7 ,outreach and technical assistance ,a ,federal agency participating in the program under this subsection shall use a portion of the funds authorized for uses under paragraph 7#a7 to carry out the policy directive required under subsection 7j77#b77;,f7 and to increase the participation of ,states with respect to which a low level of ,,sbir awards have historically been awarded4 4 7b7 ,conforming amendment ,section #i7mm77#f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#f77 is amended by striking 7,a7 and any use of the waiver authority under paragraph 7#b77;,b74 ,december #af1 #bjaf ,the ,committee on ,science1 ,space1 and ,technology discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed