,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #bjf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #c1 #bjai,mr4 ,r\da 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 laws to create c]ta9 requirem5ts ) respect to ! ,,sbir & ,,/tr program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,enc\rag+ ,small ,bus9ess ,innovation ,act4 #b4 ,inclusion ( te/+ & evaluation 9 ! def9ition ( rese>* & developm5t ,section #i7;e77#e7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;e77#e77 is am5d$-- 7#a7 by r$esignat+ subp>agraphs 7,a71 7,b71 & 7,c7 z clauses 7i71 7ii71 & 7iii71 respectively 7& con=m+ ! m>g9s accord+ly72 7#b7 by /rik+ means any activity :i* is & ins]t+ ! foll[+3 means-- 7,a7 any activity :i* is-- 2 & 7#c7 9 clause 7iii71 z s r$esignat$1 by add+ & aft] ! semicolon at ! end2 & 7#d7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 any te/+ or evaluation 9 connection ) su* an activity2 4 #c4 ,inclusion ( small bus9ess inve/m5t companies 9 ,,sbir & ,,/tr ,section #i ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7 is am5d$-- 7#a7 by /rik+ or private equity firm inve/m5t ea* place su* t]m appe>s & ins]t+ private equity firm1 or ,,sbic inve/m5t2 7#b7 by /rik+ or private equity firms & ins]t+ private equity firms1 or ,s,b,i,cs2 7#c7 9 subsection 7e7-- 7,a7 9 p>agraph 7#ab77;,b71 by /rik+ & at ! end2 7,b7 9 p>agraph 7#ac77;,b71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#ad7 ! t]m ,,sbic means a small bus9ess inve/m5t company z def9$ 9 section #ajc ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh4 2 & 7#d7 9 ! head+ = subsection 7dd71 by /rik+ or ,private ,equity ,firms & ins]t+ ,private ,equity ,firms1 or ,s,b,i,cs4 #d4 ,calculation ( lev]age ( small bus9ess inve/m5t companies t inve/ 9 ,,sbir or ,,/tr p>ticipants ,section #cjc7;b77#b7 ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #fhc7;b77#b77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,inve/m5ts 9 ,,sbir & ,,/tr p>ticipants 7i7 ,9 g5]al ,subject to clause 7ii71 9 calculat+ ! out/&+ lev]age ( a company = purposes ( subp>agraph 7,a71 ! ,adm9i/rator %all exclude ! am\nt ( any inve/m5t made 9 a ,,sbir or ,,/tr p>ticipant1 if su* inve/m5t is made 9 ! fir/ fiscal ye> aft] ! date ( enactm5t ( ?is subp>agraph or any fiscal ye> !reaft] by a company lic5s$ dur+ ! applicable fiscal ye>4 7ii7 ,limitations 7,i7 ,am\nt ( exclusion ,! am\nt exclud$ "u clause 7i7 = a company %all n exce$ #cc p]c5t ( ! private capital ( t company4 7,,ii7 ,maximum inve/m5t ,a company %all n make an inve/m5t 9 any "o ,,sbir or ,,/tr p>ticipant 9 an am\nt equal to m ?an #bj p]c5t ( ! private capital ( t company4 7,,iii7 ,o!r t]ms ,! exclusion ( am\nts "u clause 7i7 %all be subject to su* t]ms z ! ,adm9i/rator may impose to ensure t !re is no co/ 7z t t]m is def9$ 9 section #ejb ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a77 ) respect to pur*as+ or gu>antee+ any deb5ture involv$4 7iii7 ,def9itions ,9 ?is subp>agraph1 ! t]m ,,sbir or ,,/tr p>ticipant means a small bus9ess conc]n t receives contracts or grants pursuant to section #i ( ! ,small ,bus9ess ,act4 4 #e4 ,enc\rag+ p>ticipation 9 ! m5tor-protege program ,section #i ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7 is am5d$ by add+ at ! end ! foll[+3 7tt7 ,enc\rag+ p>ticipation 9 ! m5tor-,protege program ,! ,adm9i/rator %all provide an increase to ! pa/ p]=mance rat+ ( any small bus9ess conc]n t has p>ticipat$ 9 ! ,,sbir or ,,/tr program t s]ves z a m5tor "u section #de to a small bus9ess conc]n t seeks to p>ticipate 9 ! ,,sbir or ,,/tr program4 4 #f4 ,annual meet+ = ,f$]al ag5cies ) a ,,sbir or ,,/tr program 7a7 ,9 g5]al ,section #i ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch71 z am5d$ by section #c1 is fur!r am5d$ by add+ at ! end ! foll[+ new subsection3 7uu7 ,annual meet+ 7#a7 ,9 g5]al ,! head ( ea* ,f$]al ag5cy requir$ to h a program "u ?is section 7or a designee7 & ! ,adm9i/rator 7or a designee7 %all meet annually to discuss me?ods-- 7,a7 to improve ! collection ( data "u ?is section2 7,b7 to improve ! report+ ( data to ! ,adm9i/rator "u ?is section2 7,c7 to make ! application processes = programs "u ?is section m effici5t2 & 7,d7 to increase p>ticipation 9 ! programs "u ?is section4 7#b7 ,report+ ,n lat] ?an #fj days aft] ! date on :i* an annual meet+ requir$ "u p>agraph 7#a7 is held1 ! ,adm9i/rator %all submit to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate1 & ! ,committee on ,small ,bus9ess & ! ,committee on ,sci5ce1 ,space1 & ,te*nology ( ! ,h\se ( ,repres5tatives1 a report on ! f9d+s ( su* meet+ & recomm5dations on h[ to implem5t *anges to programs "u ?is section4 4 7b7 ,fund+ = annual meet+ ,section #i7mm77#a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7mm77#a77 is am5d$-- 7#a7 9 subp>agraph 7,i71 by /rik+ ! & at ! end2 7#b7 9 subp>agraph 7,j71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,k7 ! annual meet+ requir$ "u subsection 7uu74 4 #g4 ,increas+ p>ticipation ( und]s]v$ populations 9 ! ,,sbir & ,,/tr programs 7a7 ,9 g5]al ,section #i7mm77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7mm77#b77 is am5d$ to read z foll[s3 7#b7 ,outrea* & te*nical assi/ance ,a ,f$]al ag5cy p>ticipat+ 9 ! program "u ?is subsection %all use a portion ( ! funds au?oriz$ = uses "u p>agraph 7#a7 to c>ry out ! policy directive requir$ "u subsection 7j77#b77;,f7 & to increase ! p>ticipation ( ,/ates ) respect to :i* a l[ level ( ,,sbir aw>ds h hi/orically be5 aw>d$4 4 7b7 ,con=m+ am5dm5t ,section #i7mm77#f7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7mm77#f77 is am5d$ by /rik+ p>agraph 7#b77;,a7 & any use ( ! waiv] au?ority "u p>agraph 7#b77;,b7 & ins]t+ p>agraph 7#b74