,i #aai? ,,congress #a/ ,session ,h4 ,r4 #dgge ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #be1 #bjbe,mr4 ,tran 7= himself & ,mr4 ,bacon7 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 ensure small bus9ess conc]ns indirectly own$ or controll$ by c]ta9 =eign entities are ineligible to receive ,,sbir or ,,/tr aw>ds1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,sbir_/,,/tr ,=eign ,int]f]5ce ,safegu>d ,act4 #b4 ,ext5sion ( due dilig5ce program to assess security risks ,section #i7vv77#c77;,c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7vv77#c77;,c77 is am5d$ by /rik+ ,septemb] #cj1 #bjbe & ins]t+ ,septemb] #cj1 #bjcj4 #c4 ,codify+ safegu>ds = small bus9ess conc]ns majority-own$ by v5ture capital op]at+ companies1 h$ge funds1 or private equity firms 7a7 ,9 g5]al ,section #i7;dd7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;dd77 is am5d$-- 7#a7 9 p>agraph 7#f77;,b71 by /rik+ ,if a ,f$]al & ins]t+ ,except z provid$ 9 p>agraph 7#h71 if a ,f$]al2 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,p>ticipation limits 7,a7 ,9 g5]al ,a small bus9ess conc]n t is majority-own$ by multiple v5ture capital op]at+ companies1 h$ge funds1 or private equity firms is ineligible to receive an aw>d "u any ,,sbir program if ! ,adm9i/rator det]m9es t su* small bus9ess conc]n is1 or is own$ & controll$ 9 majority "p by1 a cov]$ =eign entity4 7,b7 ,own]%ip det]m9ation ,9 det]m9+ :e!r a small bus9ess conc]n is ineligible to receive an aw>d "u any ,,sbir program "u subp>agraph 7,a71 ! ,adm9i/rator %all consid] :e!r ! small bus9ess conc]n is a direct or indirect subsidi>y ( a =eign-own$ firm4 7,c7 ,size /&>ds ,! ,adm9i/rator %all e/abli% size /&>ds = small bus9ess conc]ns seek+ to p>ticipate 9 an ,,sbir program solely "u ! au?ority "u ?is section4 7,d7 ,def9itions ,9 ?is p>agraph3 7i7 ,cov]$ =eign entity ! t]m cov]$ =eign entity-- 7,i7 means-- 7aa7 a =eign entity ( conc]n2 7bb7 a gov]nm5t or political p>ty ( a =eign c\ntry ( conc]n2 7cc7 a natural p]son :o is n a lawful p]man5t resid5t ( ! ,unit$ ,/ates1 citiz5 ( ! ,unit$ ,/ates1 or any o!r protect$ individual 7z su* t]m is def9$ 9 section #bgd;,b7a77#c7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #acbd;b7a77#c7772 or 7dd7 a p>tn]%ip1 association1 corporation1 organization1 or o!r comb9ation ( p]sons organiz$ "u ! laws ( or hav+ its pr9cipal place ( bus9ess 9 a =eign c\ntry ( conc]n2 & 7,,ii7 includes-- 7aa7 any entity own$ by1 controll$ by1 or subject to ! jurisdiction or direction ( a an entity li/$ 9 subclause 7,i72 7bb7 any p]son1 :]ev] locat$1 :o acts z an ag5t1 repres5tative1 or employee ( an entity li/$ 9 subclause 7,i72 7cc7 any p]son :o acts 9 any o!r capacity at ! ord]1 reque/1 or "u ! direction or control1 ( an entity li/$ 9 subclause 7,i71 or ( a p]son ^: activities are directly or indirectly sup]vis$1 direct$1 controll$1 f9anc$1 or subsidiz$ 9 :ole or 9 majority "p by an entity li/$ 9 subclause 7,i72 7dd7 any p]son :o directly or indirectly ?r\gh any contract1 arrangem5t1 und]/&+1 relation%ip1 or o!rwise1 owns #be p]c5t or m ( ! equity int]e/s ( an entity li/$ 9 subclause 7,i72 7ee7 any p]son ) significant responsibility to control1 manage1 or direct an entity li/$ 9 subclause 7,i72 7ff7 any p]son1 :]ev] locat$1 :o is a citiz5 or resid5t ( a c\ntry controll$ by an entity li/$ 9 subclause 7,i72 or 7gg7 any corporation1 p>tn]%ip1 association1 or o!r organization organiz$ "u ! laws ( a c\ntry controll$ by an entity li/$ 9 subclause 7,i74 7ii7 ,=eign entity ( conc]n ,! t]m =eign entity ( conc]n means a =eign entity t is-- 7,i7 designat$ z a =eign t]rori/ organization by ! ,secret>y ( ,/ate "u section #bai7;a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aahi7;a772 7,,ii7 includ$ on ! li/ ( specially designat$ nationals & block$ p]sons ma9ta9$ by ! ,(fice ( ,=eign ,assets ,control ( ! ,dep>tm5t ( ! ,treasury 7commonly kn[n z ! ,,sdn li/72 7,,iii7 own$ by1 controll$ by1 or subject to ! jurisdiction or direction ( a gov]nm5t ( a =eign c\ntry t is a cov]$ nation 7z su* t]m is def9$ 9 section #dhgb ( title #aj1 ,unit$ ,/ates ,code72 7,,iv7 alleg$ by ! ,attorney ,g5]al to h be5 involv$ 9 activities = :i* a conviction 0 obta9$ "u-- 7aa7 *apt] #cg ( title #ah1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,espionage ,act72 7bb7 section #iea or #ajcj ( su* title2 7cc7 *apt] #ij ( su* title 7commonly kn[n z ! ,economic ,espionage ,act ( #aiif72 7dd7 ! ,arms ,export ,control ,act 7#bb ,u4,s4,c4 #bgea et seq472 7ee7 section #bbd1 #bbe1 #bbf1 #bbg1 or #bcf ( ! ,atomic ,en]gy ,act ( #aied 7#db ,u4,s4,c4 #bbgd1 #bbge1 #bbgf1 #bbgg1 & #bbhd72 7ff7 ! ,export ,control ,re=m ,act ( #bjah 7#ej ,u4,s4,c4 #dhja et seq472 or 7gg7 ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq472 or 7,v7 det]m9$ by ! ,secret>y ( ,comm]ce1 9 consultation ) ! ,secret>y ( ,def5se & ! ,director ( ,national ,intellig5ce1 to be engag$ 9 unau?oriz$ conduct t is detrim5tal to ! national security or =eign policy ( ! ,unit$ ,/ates4 4 7b7 ,applicability ,! am5dm5ts made by subsection 7a7 %all apply only ) respect to aw>ds made "u an ,small ,bus9ess ,innovation ,rese>* ,program 7z def9$ 9 section #i7;e7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;e777 aft] ! date ( ! enactm5t ( ?is ,act4