,,ii #aafth ,,congress #ast ,session ,s4 #bada ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #ag1 #bjai ,mr4 ,markey introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,a ,,bill ,to amend the ,small ,business ,act to supplement the reporting requirements applicable to the ,small ,business ,administration1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,sbir ,expansion and ,accountability ,act of #bjai4 #b4 ,amendments to the ,small ,business ,act 7a7 ,goals of the ,,sbir program ,section #i7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;a77 is amended by adding at the end the following3 ,additionally1 it is the sense of ,congress that the goals of the ,small ,business ,innovation ,research ,program are to stimulate technological innovation1 meet ,federal research and development needs1 foster and encourage participation in innovation and entrepreneurship by women and socially or economically disadvantaged individuals1 and increase private-sector commercialization of innovations derived from ,federal research and development funding44 7b7 ,reporting requirements ,section #i7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;b77 is amended-- 7#a7 in paragraph 7#g7-- 7,a7 in subparagraph 7,f71 by striking and at the end2 7,b7 in subparagraph 7,g71 by adding and at the end2 and 7,c7 by adding at the end the following3 7,h7 with respect to a ,federal agency to which subsection 7f77#a7 or 7n77#a7 applies1 whether the ,federal agency has satisfied the requirement under each applicable subsection for the year covered by the report2 2 7#b7 in paragraph 7#h71 by striking and at the end2 7#c7 in paragraph 7#i71 by striking the period at the end and inserting 2 and2 and 7#d7 by adding at the end the following3 7#aj7 with respect to a ,federal agency to which subsection 7f77#a7 or 7n77#a7 applies and that the ,administration determines has not satisfied the requirement under either applicable subsection1 require the head of that ,federal agency to 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 regarding why the ,federal agency has not satisfied the requirement4 4 7c7 ,additional resources for the ,office of ,investment and ,innovation ,section #i7mm7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77 is amended-- 7#a7 in paragraph 7#a71 in the matter preceding subparagraph 7,a71 by striking paragraph 7#c7 and inserting paragraphs 7#c7 and 7#d72 7#b7 by redesignating paragraphs 7#d71 7#e71 and 7#f7 as paragraphs 7#e71 7#f71 and 7#g71 respectively2 and 7#c7 by inserting after paragraph 7#c7 the following3 7#d7 ,transfer to ,office of ,investment and ,innovation ,of the amount that a ,federal agency allocates for uses under paragraph 7#a71 the agency shall transfer #e percent of that amount to the ,office of ,investment and ,innovation of the ,administration1 which the ,office shall use to carry out the functions of the ,office4 4 #c4 ,inclusion of ,federal ,aviation ,administration in the ,small ,business ,innovation ,research ,program and ,small ,business ,technology ,transfer ,program ,section #djaja7;d77#b77;,d7 of title #di1 ,united ,states ,code1 is amended to read as follows3 7,d7 ,the ,small ,business ,act 7#ae ,u4,s4,c4 #fca et seq471 except that-- 7i7 section #i of such ,act 7#ae ,u4,s4,c4 #fch7 shall apply2 and 7ii7 all reasonable opportunities to be awarded contracts shall be provided to small business concerns and small business concerns owned and controlled by socially and economically disadvantaged individuals4 4