,i #aae? ,,congress #a/ ,session ,h4 ,r4 #bgjb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #be1 #bjag,mr4 ,lawson ( ,florida introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess1 & 9 addition to ! ,committee on ,sci5ce1 ,space1 & ,te*nology1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,small ,bus9ess ,act to e/abli% a comm]cialization assi/ance pilot program "u ! ,,sbir program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,sbir ,comm]cialization ,assi/ance ,act ( #bjag4 #b4 ,comm]cialization ,assi/ance ,pilot ,program ,section #i ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7tt7 ,comm]cialization assi/ance pilot programs 7#a7 ,pilot programs implem5t$ 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is subsection1 a cov]$ ag5cy %all implem5t a comm]cialization assi/ance pilot program1 "u :i* an eligible entity may receive a subsequ5t ,phase ,,ii ,,sbir aw>d4 7,b7 ,exception ,if ! ,adm9i/rator det]m9es t a cov]$ ag5cy has a program t is suffici5tly simil> to ! comm]cialization assi/ance pilot program e/abli%$ "u ?is subsection1 su* cov]$ ag5cy %all n be requir$ to implem5t a comm]cialization assi/ance pilot program "u ?is subsection4 7#b7 ,p]c5t ( ag5cy funds ,! head ( ea* cov]$ ag5cy may allocate n m ?an #e p]c5t ( ! funds allocat$ to ! ,,sbir program ( ! cov]$ ag5cy = ! purpose ( mak+ a subsequ5t ,phase ,,ii ,,sbir aw>d "u ! comm]cialization assi/ance pilot program4 7#c7 ,t]m9ation ,a comm]cialization assi/ance pilot program e/abli%$ "u ?is subsection %all t]m9ate on ,septemb] #cj1 #bjbb4 7#d7 ,application ,to be select$ to receive a subsequ5t ,phase ,,ii ,,sbir aw>d "u a comm]cialization assi/ance pilot program1 an eligible entity %all submit to ! cov]$ ag5cy implem5t+ su* pilot program an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! cov]$ ag5cy may require1 includ+-- 7,a7 an updat$ ,phase ,,ii comm]cialization plan2 & 7,b7 ! s\rce & am\nt ( ! mat*+ fund+ requir$ "u p>agraph 7#e74 7#e7 ,mat*+ fund+ 7,a7 ,9 g5]al ,! ,adm9i/rator %all require1 z a condition ( any subsequ5t ,phase ,,ii ,,sbir aw>d made to an eligible entity "u ?is subsection1 t a mat*+ am\nt 7exclud+ any fees collect$ by ! eligible entity receiv+ su* aw>d7 equal to ! am\nt ( su* aw>d be provid$ f an eligible ?ird-p>ty inve/or4 7,b7 ,ineligible s\rces ,an eligible entity may n use fund+ f ineligible s\rces to meet ! mat*+ requirem5t ( subp>agraph 7,a74 7#f7 ,aw>d ,a subsequ5t ,phase ,,ii ,,sbir aw>d made to an eligible entity "u ?is subsection-- 7,a7 may n exce$ ! limitation describ$ "u subsection 7aa77#a72 & 7,b7 %all be disburs$ dur+ ,phase ,,ii4 7#g7 ,use ( funds ,! funds aw>d$ to an eligible entity "u ?is subsection may only be us$ = rese>* & developm5t activities t build on eligible entity's ,phase ,,ii program & ensure ! rese>* fund$ "u su* ,phase ,,ii is rapidly progress+ t[>ds comm]cialization4 7#h7 ,selection ,9 select+ eligible entities to p>ticipate 9 a comm]cialization assi/ance pilot program "u ?is subsection1 ! head ( a cov]$ ag5cy %all consid]-- 7,a7 ! ext5t to :i* su* aw>d c\ld aid ! eligible entity 9 comm]cializ+ ! rese>* fund$ "u ! eligible entity's ,phase ,,ii program2 7,b7 :e!r ! updat$ ,phase ,,ii comm]cialization plan submitt$ "u p>agraph 7#d7 provides a s\nd approa* = e/abli%+ te*nical feasibility t c\ld lead to comm]cialization ( su* rese>*2 7,c7 :e!r ! propos$ activities to be conduct$ "u su* updat$ ,phase ,,ii comm]cialization plan fur!r improve ! likelihood t su* rese>* w provide societal b5efits2 7,d7 :e!r ! small bus9ess conc]n has progress$ satisfactorily 9 ,phase ,,ii to ju/ify receipt ( a subsequ5t ,phase ,,ii ,,sbir aw>d2 7,e7 ! expectations ( ! eligible ?ird-p>ty inve/or t provides mat*+ fund+ "u p>agraph 7#e72 & 7,f7 ! likelihood t ! propos$ activities to be conduct$ "u su* updat$ ,phase ,,ii comm]cialization plan us+ mat*+ fund+ provid$ by su* eligible ?ird-p>ty inve/or w lead to comm]cial & societal b5efit4 7#i7 ,evaluation ,report ,n lat] ?an #c ye>s aft] ! date ( ! enactm5t ( ?is subsection1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! ,committee on ,sci5ce1 ,space1 & ,te*nology & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate1 a report includ+-- 7,a7 a summ>y ( ! activities ( comm]cialization assi/ance pilot programs c>ri$ out "u ?is subsection2 7,b7 a detail$ compilation ( results a*iev$ by su* comm]cialization assi/ance pilot programs1 includ+ ! numb] ( eligible entities t receiv$ aw>ds "u su* programs2 7,c7 ! rate at :i* ea* eligible entity t receiv$ a subsequ5t ,phase ,,ii ,,sbir aw>d "u ?is subsection comm]cializ$ rese>* ( ! recipi5t2 7,d7 ! gr[? 9 employm5t & rev5ue ( eligible entities t is attributable to p>ticipation 9 a comm]cialization assi/ance pilot program2 7,e7 a comp>ison ( comm]cialization success ( eligible entities p>ticipat+ 9 a comm]cialization assi/ance pilot program ) recipi5ts ( an additional ,phase ,,ii ,,sbir aw>d "u subsection 7ff72 7,f7 demographic in=mation1 su* z e?nicity & geographic location1 ( eligible entities p>ticipat+ 9 a comm]cialization assi/ance pilot program2 7,g7 an acc\nt+ ( ! funds us$ at ea* cov]$ ag5cy t implem5ts a comm]cialization assi/ance pilot program "u ?is subsection2 7,h7 ! am\nt ( mat*+ fund+ provid$ by eligible ?ird-p>ty inve/ors1 set =? sep>ately by s\rce ( fund+2 7,i7 an analysis ( ! effectiv5ess ( ! comm]cialization assi/ance pilot program implem5t$ by ea* cov]$ ag5cy2 & 7,j7 recomm5dations = improvem5ts to ! comm]cialization assi/ance pilot program4 7#aj7 ,def9itions ,= purposes ( ?is subsection3 7,a7 ,cov]$ ag5cy ,! t]m cov]$ ag5cy means a ,f$]al ag5cy requir$ to h an ,,sbir program4 7,b7 ,eligible entity ,! t]m eligible entity means a small bus9ess conc]n t has receiv$ a ,phase ,,ii aw>d "u an ,,sbir program & an additional ,phase ,,ii ,,sbir aw>d "u subsection 7ff7 f ! cov]$ ag5cy to :i* su* small bus9ess conc]n is apply+ = a subsequ5t ,phase ,,ii ,,sbir aw>d4 7,c7 ,eligible ?ird-p>ty inve/or ,! t]m eligible ?ird-p>ty inve/or means a small bus9ess conc]n o!r ?an an eligible entity1 a v5ture capital firm1 an individual inve/or1 a non-,,sbir ,f$]al1 ,/ate or local gov]nm5t1 or any comb9ation !re(4 7,d7 ,ineligible s\rces ,! t]m ineligible s\rces means ! foll[+3 7i7 ,! eligible entity's int]nal rese>* & developm5t funds4 7ii7 ,fund+ 9 =ms o!r ?an ca%1 su* z 9-k9d or o!r intangible assets4 7iii7 ,fund+ f ! own]s ( ! eligible entity1 or ! family memb]s or affiliates ( su* own]s4 7iv7 ,fund+ atta9$ ?r\gh loans or o!r =ms ( debt obligations4 7,e7 ,subsequ5t ,phase ,,ii ,,sbir aw>d ,! t]m subsequ5t ,phase ,,ii ,,sbir aw>d means an aw>d grant$ to an eligible entity "u ?is subsection to c>ry out fur!r comm]cialization activities = rese>* conduct$ pursuant to an ,,sbir program4 4