,,ii #aaith ,,congress #ast ,session ,s4 #aegc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #a1 #bjbe,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 reauthorize and modify the ,small ,business ,innovation ,research and ,small ,business ,technology ,transfer ,research programs1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,sbir_/,,sttr ,reauthorization ,act of #bjbe4 #b4 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title4,sec4 #b4 ,table of contents4,,title ,i--,reauthorization of programs,sec4 #aja4 ,extension of ,,sbir and ,,sttr authority4,sec4 #ajb4 ,extension of ,,fast ,program4,,title ,,ii--,enhancing competition,sec4 #bja4 ,increasing agency expenditures for ,,sbir and ,,sttr programs4,sec4 #bjb4 ,,sbir and ,,sttr fellowships4,sec4 #bjc4 ,application assistance to broaden participation4,sec4 #bjd4 ,technical and business assistance improvements4,sec4 #bje4 ,improvements to website relating to the ,,sbir program and ,,sttr program4,,title ,,iii--,commercialization ,improvements,sec4 #cja4 ,phase ,,iii award education4,sec4 #cjb4 ,report on certain denials of ,phase ,,iii4,sec4 #cjc4 ,technology ,commercialization ,official4,sec4 #cjd4 ,phase ,,iii improvements4,,title ,,iv--,pilot ,programs,sec4 #dja4 ,extend and modify assistance for administrative1 oversight1 and contract processing costs4,sec4 #djb4 ,extend and expand the direct to ,phase ,,ii authority4,sec4 #djc4 ,extend commercialization readiness program for civilian agencies4,sec4 #djd4 ,extension of certain ,,sbir and ,,sttr pilot programs4,sec4 #dje4 ,extension of due diligence program to assess security risks4,,title ,v--,oversight and simplification initiatives,sec4 #eja4 ,annual reports to ,congress4,sec4 #ejb4 ,comptroller general report on diversification and commercialization4,sec4 #ejc4 ,extend the report on award timeliness4,sec4 #ejd4 ,pilot program to accelerate ,national ,institutes of ,health valuation process4,sec4 #eje4 ,codifying safeguards for small business concerns majority-owned by venture capital operating companies1 hedge funds1 or private equity firms4,sec4 #ejf4 ,commercialization impact assessment4,,title ,,vi--,technical changes,sec4 #fja4 ,inclusion of ,s,b,i,cs in the ,,sbir and ,,sttr programs4,sec4 #fjb4 ,phase ,,iii and sole-source awards4 ,i ,reauthorization of programs #aja4 ,extension of ,,sbir and ,,sttr authority 7a7 ,,sbir ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended by striking subsection 7m74 7b7 ,,sttr ,section #i7n77#a77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7n77#a77;,a77 is amended by striking through fiscal year #bjbe4 #ajb4 ,extension of ,,fast ,program ,section #cd7;i7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #feg;d7i77 is amended by striking ,september #cj1 #bjje and inserting ,september #cj1 #bjcj4 ,,ii ,enhancing competition #bja4 ,increasing agency expenditures for ,,sbir and ,,sttr programs ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in subsection 7f77#a7-- 7,a7 in subparagraph 7,h71 by striking and2 7,b7 in subparagraph 7,i71 by striking fiscal year #bjag and each fiscal year thereafter1 and inserting each of fiscal years #bjag through #bjbe22 and 7,c7 by inserting after subparagraph 7,i7 the following3 7,j7 not less than #d percent of such budget in fiscal years #bjbf and #bjbg2 7,k7 not less than #e percent of such budget in fiscal years #bjbh and #bjbi2 7,l7 not less than #f percent of such budget in fiscal years #bjcj and #bjca2 and 7,m7 not less than #g percent of such budget in fiscal year #bjcb and each fiscal year thereafter1 2 and 7#b7 in subsection 7n77#a7-- 7,a7 in subparagraph 7,a71 by striking through fiscal year #bjbe2 and 7,b7 in subparagraph 7,b7-- 7i7 in clause 7iv71 by striking 2 and and inserting a semicolon2 7ii7 in clause 7v71 by striking fiscal year #bjaf and each fiscal year thereafter4 and inserting each of fiscal years #bjaf through #bjbe22 and 7iii7 by adding at the end the following3 7vi7 #j4e percent for fiscal year #bjbf and #bjbg2 7vii7 #j4fe percent for fiscal year #bjbh and #bjbi2 7viii7 #j4h percent for fiscal year #bjcj and #bjca2 and 7ix7 #a percent for fiscal year #bjcb and each fiscal year thereafter4 4 #bjb4 ,,sbir and ,,sttr fellowships ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in subsection 7f71 by adding at the end the following3 7#e7 ,fellowships 7,a7 ,in general ,a ,federal agency may provide grants or awards1 either directly or in partnership with a third party1 to small business concerns that have received ,,sbir or ,,sttr ,phase ,,ii awards to provide fellowship and internship opportunities at the undergraduate1 baccalaureate1 graduate1 and postdoctoral levels in fields that are important to the ,federal agency4 7,b7 ,enhanced outreach ,each ,federal agency that makes an award or enters into a partnership under subparagraph 7,a7 shall provide for enhanced outreach to increase the participation of women1 socially disadvantaged individuals 7as described in section #h7;a77#e771 and economically disadvantaged individuals 7as described in section #h7;a77#f77;,a77 in the fellowship and internship opportunities described in subparagraph 7,a74 7,c7 ,support organization ,each ,federal agency that makes an award or enters into a partnership under subparagraph 7,a7 may partner with or provide grants or awards to a third-party organization to support and facilitate the enhanced outreach under subparagraph 7,b71 provided that the third-party organization is a nonprofit organization with relevant experience and demonstrated expertise in delivery of services described in subparagraph 7,b74 7,d7 ,funding ,in carrying out this paragraph1 a ,federal agency may use only the following amounts3 7i7 ,with respect to a ,federal agency that uses the authority under subsection 7mm71 the funds authorized under such subsection4 7ii7 ,with respect a ,federal agency other than a ,federal agency described in clause 7i71 not more than #c percent of the funds required to be expended under paragraph 7#a74 2 and 7#b7 in subsection 7n71 by adding at the end the following3 7#d7 ,fellowships 7,a7 ,in general ,a ,federal agency may provide grants or awards1 either directly or in partnership with a third party1 to small business concerns that have received ,,sbir or ,,sttr ,phase ,,ii awards to provide fellowship and internship opportunities at the undergraduate1 baccalaureate1 graduate1 and postdoctoral levels in fields that are important to the ,federal agency4 7,b7 ,enhanced outreach ,each ,federal agency that makes an award or enters into a partnership under subparagraph 7,a7 shall provide for enhanced outreach to increase the participation of women1 socially disadvantaged individuals 7as described in section #h7;a77#e771 and economically disadvantaged individuals 7as described in section #h7;a77#f77;,a77 in the fellowship and internship opportunities described in subparagraph 7,a74 7,c7 ,support organization ,each ,federal agency that makes an award or enters into a partnership under subparagraph 7,a7 may partner with or provide grants or awards to a third-party organization to support and facilitate the enhanced outreach under subparagraph 7,b71 provided that the third-party organization is a nonprofit organization with relevant experience and demonstrated expertise in delivery of services described in subparagraph 7,b74 7,d7 ,funding ,in carrying out this paragraph1 a ,federal agency may use only the following amounts3 7i7 ,with respect to a ,federal agency that uses the authority under subsection 7mm71 the funds authorized under such subsection4 7ii7 ,with respect a ,federal agency other than a ,federal agency described in clause 7i71 not more than #c percent of the funds required to be expended under paragraph 7#a74 4 #bjc4 ,application assistance to broaden participation 7a7 ,in general ,section #i7mm77#a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#a77 is amended-- 7#a7 in subparagraph 7,j71 by striking and at the end2 7#b7 in subparagraph 7,k71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7,l7 providing small business concerns with assistance applying to the ,,sbir program or ,,sttr program of the ,federal agency1 including providing such assistance to carry out the policy directives required under paragraphs 7#b77;,f7 and 7#e7 of subsection 7j7 and subsection 7p77#b77;,h7 to increase the participation of ,states with respect to which a low level of ,,sbir or ,,sttr awards have historically been awarded4 4 7b7 ,enhanced minority institution participation 7#a7 ,,sbir ,section #i7;j7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;j771 is amended by adding at the end the following3 7#e7 ,increased outreach requirements ,not later than #ij days after the date of enactment of this paragraph1 the ,administration shall modify the policy directives issued pursuant to this subsection to require enhanced outreach efforts to increase the participation of individuals conducting research at minority institutions 7as defined in section #cfe of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfgk77 and ,hispanic-serving institutions 7as defined in section #ejb7;a7 of such ,act 7#bj ,u4,s4,c4 #aaja;a7a777 in ,,sbir programs4 4 7#b7 ,,sttr ,section #i7p77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7p77#b77 is amended-- 7,a7 in subparagraph 7,f71 by striking and at the end2 7,b7 in subparagraph 7,g77iii71 by striking the period at the end and inserting 2 and2 and 7,c7 by adding at the end the following3 7,h7 procedures for outreach efforts to increase the participation of individuals conducting research at minority institutions 7as defined in section #cfe of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfgk77 and ,hispanic-serving institutions 7as defined in section #af #ejb7;a7 of such ,act 7#bj ,u4,s4,c4 #aaja;a7a777 in ,,sttr programs4 4 #bjd4 ,technical and business assistance improvements ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7q77 is amended-- 7#a7 in subsection 7q7-- 7,a7 in paragraph 7#a71 in the matter preceding subparagraph 7,a7-- 7i7 by striking may enter into an agreement with #a or more vendors selected under paragraph 7#b77;,a7 to provide small business concerns engaged in ,,sbir or ,,sttr projects with technical and business assistance services and inserting shall authorize recipients of awards under the ,,sbir program or the ,,sttr program to select1 if desired1 technical and business assistance provided under subparagraph 7,a71 7,b71 or 7,c7 of paragraph 7#b7 with respect to ,,sbir or ,,sttr projects2 7ii7 by inserting cybersecurity assistance1 after intellectual property protections12 and 7iii7 by striking such concerns and inserting such recipients2 and 7,b7 in paragraph 7#b71 by adding at the end the following3 7,c7 ,staff ,a small business concern may1 by contract or otherwise1 use funding provided under this section to hire new staff1 augment staff1 or direct staff to conduct or participate in training activities consistent with the goals listed in paragraph 7#a74 2 7,c7 in paragraph 7#c7-- 7i7 by striking subparagraphs 7,a7 and 7,b7 and inserting the following3 7,a7 ,phase ,i ,a ,federal agency described in paragraph 7#a7 shall authorize a recipient of a ,phase ,i ,,sbir or ,,sttr award to use not more than #f1ejj per project1 included as part of the award of the recipient or in addition to the amount of the award of the recipient as determined appropriate by the head of the ,federal agency1 for the services described in paragraph 7#a7-- 7i7 provided through a vendor selected under paragraph 7#b77;,a72 7ii7 provided through a vendor other than a vendor selected under paragraph 7#b77;,a72 7iii7 achieved through the activities described in paragraph 7#b77;,c72 or 7iv7 provided through any combination of clauses 7i7 and 7ii74 7,b7 ,phase ,,ii ,a ,federal agency described in paragraph 7#a7 shall authorize a recipient of a ,phase ,,ii ,,sbir or ,,sttr award to utilize not more than #ej1jjj per project1 included as part of the award of the recipient or in addition to the amount of the award of the recipient as determined appropriate by the head of the ,federal agency1 for the services described in paragraph 7#a7-- 7i7 provided through a vendor selected under paragraph 7#b77;,a72 7ii7 provided through a vendor other than a vendor selected under paragraph 7#b77;,a72 7iii7 achieved through the activities described in paragraph 7#b77;,c72 or 7iv7 provided through any combination of clauses 7i71 7ii71 and 7iii74 2 and 7,d7 by adding at the end the following3 7#e7 ,targeted review ,a ,federal agency may perform targeted reviews of technical and business assistance funding as described in subsection 7mm77#a77;,f74 2 and 7#b7 by adding at the end the following3 7aaa7 ,i-,corps participation 7#a7 ,in general ,each ,federal agency that is1 as of ,january #a1 #bjbe1 required to conduct an ,,sbir or ,,sttr program with an ,innovation ,corps program 7established under section #fja of the ,american ,innovation and ,competitiveness ,act 7#db ,u4,s4,c4 #ahfbs-#h7 and commonly known as ,i-,corps7 shall-- 7,a7 provide an option for participation in an ,i-,corps teams course1 ,i-,corps bootcamp1 or another equivalent training program to recipients of an award under the ,,sbir or ,,sttr program2 and 7,b7 authorize the recipients described in subparagraph 7,a7 to use amounts authorized under this subsection to participate in the ,i-,corps teams course1 ,i-,corps bootcamp1 or another equivalent training program4 7#b7 ,cost of participation ,the cost of participation by a recipient described in paragraph 7#a77;,a7 in an ,i-,corps course1 ,i-,corps bootcamp1 or another equivalent training program may be provided by-- 7,a7 an ,i-,corps team grant2 7,b7 funds awarded to the recipient under this subsection2 7,c7 the participating teams or other sources as appropriate2 or 7,d7 any combination of sources described in subparagraphs 7,a71 7,b71 and 7,c74 4 #bje4 ,improvements to website relating to the ,,sbir program and ,,sttr program 7a7 ,,sbir program ,section #i7;g77#h7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;g77#h77 is amended-- 7#a7 in subparagraph 7,b71 by striking and at the end2 7#b7 in subparagraph 7,c71 by adding and at the end2 and 7#c7 by adding at the end the following3 7,d7 for each research institution subcontracted by a recipient of a ,phase ,i1 ,phase ,,ii1 or ,phase ,,iii ,,sbir award to perform research or research and development with respect to the award-- 7i7 the name and location of the research institution2 7ii7 whether the research institution is-- 7,i7 an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 7,,ii7 a nonprofit institution 7as defined in section #d of the ,stevenson-,wydler ,technology ,innovation ,act of #aihj 7#ae ,u4,s4,c4 #cgjc77 other than an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 or 7,,iii7 a federally funded research and development center 7as identified by the ,national ,scientific ,foundation in accordance with the ,federal ,acquisition ,regulation72 and 7iii7 for each research institution that is an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja771 whether the research institution is-- 7,i7 a part ,b institution 7as defined in section #cbb the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfa772 7,,ii7 a ,hispanic-serving institution 7as defined in section #ejb of such ,act 7#bj ,u4,s4,c4 #aaja;a772 7,,iii7 a ,tribal ,college or ,university 7as defined in section #caf of such ,act 7#bj ,u4,s4,c4 #ajei;c772 7,,iv7 an ,alaska ,native-serving institution or a ,native ,hawaiian-serving institution 7as defined in section #cag7;b7 of such ,act 7#bj ,u4,s4,c4 #ajei;d7b7772 7,v7 a ,predominantly ,black ,institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7c7772 7,,vi7 an ,asian ,american and ,native ,american ,pacific ,islander-serving institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #aj #ajfgq7c7772 or 7,,vii7 a ,native ,american-serving nontribal institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7c7772 4 7b7 ,,sttr program ,section #i7o77#i7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7o77#i77 is amended-- 7#a7 in subparagraph 7,b71 by striking and at the end2 7#b7 in subparagraph 7,c71 by adding and at the end2 and 7#c7 by adding at the end the following3 7,d7 for each research institution subcontracted by a recipient of a ,phase ,i or ,phase ,,ii ,,sttr award to perform research or research and development with respect to the award-- 7i7 the name and location of the research institution2 7ii7 whether the research institution is-- 7,i7 an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 7,,ii7 a nonprofit institution 7as defined in section #d of the ,stevenson-,wydler ,technology ,innovation ,act of #aihj 7#ae ,u4,s4,c4 #cgjc77 other than an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 or 7,,iii7 a federally funded research and development center 7as identified by the ,national ,scientific ,foundation in accordance with the ,federal ,acquisition ,regulation72 and 7iii7 for each research institution that is an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja771 whether the research institution is-- 7,i7 a part ,b institution 7as defined in section #cbb the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfa772 7,,ii7 a ,hispanic-serving institution 7as defined in section #ejb of such ,act 7#bj ,u4,s4,c4 #aaja;a772 7,,iii7 a ,tribal ,college or ,university 7as defined in section #caf of such ,act 7#bj ,u4,s4,c4 #ajei;c772 7,,iv7 an ,alaska ,native-serving institution or a ,native ,hawaiian-serving institution 7as defined in section #cag7;b7 of such ,act 7#bj ,u4,s4,c4 #ajei;d7b7772 7,v7 a ,predominantly ,black ,institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7c7772 7,,vi7 an ,asian ,american and ,native ,american ,pacific ,islander-serving institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #be #ajfgq7c7772 or 7,,vii7 a ,native ,american-serving nontribal institution 7as defined in section #cga7;c7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7c7772 4 7c7 ,database reporting 7#a7 ,in general ,section #i7k7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7k77 is amended-- 7,a7 by striking ,phase ,i or ,phase ,,ii ,,sbir or ,,sttr each place it appears and inserting ,phase ,i1 ,phase ,,ii1 or ,phase ,,iii ,,sbir or ,,sttr2 7,b7 in paragraph 7#a77;,b7-- 7i7 in clause 7ii71 by striking and at the end2 7ii7 in clause 7iii71 by adding and at the end2 and 7iii7 by adding at the end the following3 7iv7 information regarding any research institution subcontracted by that small business concern to perform research or research and development with respect to the award1 including-- 7,i7 the name and location of the research institution2 7,,ii7 whether the research institution is-- 7aa7 an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 7bb7 a nonprofit institution 7as defined in section #d of the ,stevenson-,wydler ,technology ,innovation ,act of #aihj 7#ae ,u4,s4,c4 #cgjc77 other than an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 or 7cc7 a federally funded research and development center 7as identified by the ,national ,scientific ,foundation in accordance with the ,federal ,acquisition ,regulation72 and 7,,iii7 for each research institution that is an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja771 whether the research institution is an institution described in paragraphs 7#a7 through 7#g7 of section #cga7;a7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7a772 2 7,c7 in paragraph 7#b7-- 7i7 in subparagraph 7,a71 by striking ,phase ,i or ,phase ,,ii of the ,,sbir program or the ,,sttr and inserting ,phase ,i1 ,phase ,,ii1 or ,phase ,,iii of the ,,sbir program or the ,,sttr2 7ii7 in subparagraph 7,f71 by striking and at the end2 7iii7 in subparagraph 7,g77ii71 by striking the period at the end and inserting 2 and2 and 7iv7 by adding at the end the following3 7,h7 contains information for each research institution subcontracted by a recipient of a ,phase ,i1 ,phase ,,ii1 or ,phase ,,iii ,,sttr or ,,sbir award to perform research or research and development with respect to the award1 including-- 7i7 the name and location of the research institution2 7ii7 whether the research institution is-- 7,i7 an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 7,,ii7 a nonprofit institution 7as defined in section #d of the ,stevenson-,wydler ,technology ,innovation ,act of #aihj 7#ae ,u4,s4,c4 #cgjc77 other than an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja772 or 7,,iii7 a federally funded research and development center 7as identified by the ,national ,scientific ,foundation in accordance with the ,federal ,acquisition ,regulation72 and 7iii7 for each research institution that is an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja771 whether the research institution is an institution described in paragraphs 7#a7 through 7#g7 of section #cga7;a7 of such ,act 7#bj ,u4,s4,c4 #ajfgq7a774 2 and 7,d7 in paragraph 7#c77;,c71 by striking ,phase ,i or ,phase ,,ii award each place it appears and inserting ,phase ,i1 ,phase ,,ii1 or ,phase ,,iii award4 7#b7 ,database update deadline ,notwithstanding paragraphs 7#a7 or 7#b7 of section #i7k7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7k771 the ,administrator shall1 not later than #a year after the date of enactment of this ,act1 include-- 7,a7 in the database described such paragraph 7#a7 the information required under such paragraph1 as amended by subparagraphs 7,a7 and 7,b7 of paragraph 7#a7 of this subsection2 and 7,b7 in the database described such paragraph 7#b7 the information required under such paragraph1 as amended by subparagraphs 7,a7 and 7,c7 of paragraph 7#a7 of this subsection4 ,,iii ,commercialization ,improvements #cja4 ,phase ,,iii award education ,section #i7r7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7r77 is amended by adding at the end the following3 7#e7 ,workforce training 7,a7 ,in general ,the ,administrator1 in coordination with the ,secretary of ,defense1 the ,administrator of ,general ,services1 and the head of any other ,federal agency that the ,administrator determines appropriate1 shall establish training activities for contracting officers and the agency acquisition workforce of ,federal agencies to ensure that all such individuals are fully aware of all aspects of ,phase ,,iii acquisitions under the ,,sbir and ,,sttr programs1 as applicable4 7,b7 ,training topics ,the training activities required under subparagraph 7,a7 shall include training on-- 7i7 the missions1 goals1 and authorities of the ,,sbir and ,,sttr programs2 7ii7 the use of ,phase ,,iii agreement2 7iii7 ,phase ,,iii data rights2 and 7iv7 the execution of ,phase ,,iii sole source award contracts4 7,c7 ,definitions ,in this paragraph3 7i7 ,agency acquisition workforce ,the term agency acquisition workforce means the employees of a ,federal agency that have procurement or acquisition responsibilities1 including-- 7,i7 employees described in section #agjc of title #da1 ,united ,states ,code2 and 7,,ii7 individuals that are part of the acquisition workforce 7as that term is defined in section #aja7;a7 of title #aj1 ,united ,states ,code74 7ii7 ,phase ,,iii acquisition ,the term ,phase ,,iii acquisition means an acquisition of a good or service from a participant in ,phase ,,iii that such participant has commercialized or is seeking to commercialize as such a participant4 4 #cjb4 ,report on certain denials of ,phase ,,iii ,section #i7r7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7r771 as amended by section #cja1 is further amended by adding at the end the following3 7#f7 ,reporting ,not later than #cj days after the date on which the ,department of ,defense denies a small business concern ,phase ,,iii agreement1 the ,secretary of ,defense shall report that denial to the ,administrator4 4 #cjc4 ,technology ,commercialization ,official ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch71 as amended by section #bjd1 is amended by adding at the end the following3 7bbb7 ,technology ,commercialization ,official ,the head of each ,federal agency required to establish an ,,sbir or ,,sttr program shall-- 7#a7 designate an existing official within the ,federal agency as the ,technology ,commercialization ,official of that ,federal agency1 who shall-- 7,a7 have sufficient experience with commercialization2 7,b7 provide guidance to ,,sbir and ,,sttr program awardees in commercializing and transitioning technologies2 7,c7 coordinate with the ,administrator and the ,technology ,commercialization ,officials of other ,federal agencies to identify additional markets and commercialization pathways for promising ,,sbir and ,,sttr program technologies2 7,d7 submit to the ,administrator an annual report on the number of technologies from that ,,sbir or ,,sttr program that have advanced commercialization activities1 including information required in the commercialization impact assessment report under subsection 7ccc72 7,e7 identify and advocate for ,,sbir and ,,sttr technologies with sufficient technology and commercialization readiness to advance to ,phase ,,iii awards or other non-,,sbir or ,,sttr program contracts2 7,f7 submit to the ,administrator an annual report on-- 7i7 the actions taken by that ,federal agency to simply1 standardize1 and expedite the application process and requirements1 procedures1 and contracts as required under subsection 7hh72 and 7ii7 the results of the actions taken under clause 7i72 and 7,g7 carry out such other duties as the head of that ,federal agency determines necessary2 or 7#b7 identify an official in that ,federal agency carrying out responsibilities that are substantially similar to those described in subparagraphs 7,a7 through 7,f7 of paragraph 7#a74 4 #cjd4 ,phase ,,iii improvements 7a7 ,procurement center representative directives 7#a7 ,in general ,section #i7;j77#d7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;j77#d77 is amended by inserting before the period at the end the following3 1 and advocate for the maximum practicable use and transition of products1 services1 and technologies developed under ,,sbir or ,,sttr programs to ,phase ,,iii by means of ,phase ,,iii awards to small business concerns4 7#b7 ,modification deadline ,not later than #a year after the date of enactment of this ,act1 the ,administrator of the ,small ,business ,administration shall modify the policy directives issues pursuant to subsection 7j7 of section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;j77 in accordance with paragraph 7#d7 of that subsection1 as amended by paragraph 7#a74 7b7 ,phase ,,iii award simplification ,section #i7r77#d7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7r77#d77 is amended-- 7#a7 in subparagraph 7,a71 by striking and at the end2 7#b7 in subparagraph 7,b71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7,c7 report to the ,administrator on the actions taken by the ,federal agency or ,federal prime contractor to develop simplified and standardized procedures and model contracts for ,phase ,i1 ,phase ,,ii1 and ,phase ,,iii ,,sbir awards2 and 7,d7 issue standardized solicitation provisions and contract clauses that provide clear guidance on the information that small business concerns participating in ,,sbir or ,,sttr programs can be expected to provide as part of market research or as part of a proposal by those small business concerns to establish eligibility for ,phase ,,iii awards4 4 ,,iv ,pilot ,programs #dja4 ,extend and modify assistance for administrative1 oversight1 and contract processing costs 7a7 ,in general ,section #i7mm77#a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#a771 as amended by section #bjc1 is further amended-- 7#a7 by redesignating subparagraphs 7,a7 through 7,l7 as clauses 7i7 through 7xii71 respectively1 and adjusting the margins accordingly2 7#b7 by striking ,subject to paragraph 7#c7 and inserting the following2 7,a7 ,use of funds ,subject to subparagraph 7,b7 and paragraph 7#c7 2 7#c7 in subparagraph 7,a71 as so redesignated-- 7,a7 by striking ,september #cj1 #bjbe and inserting ,september #cj1 #bjcj2 and 7,b7 by striking #c percent and inserting #c4c percent2 and 7#d7 by adding at the end the following3 7,b7 ,transfer of funds 7i7 ,in general ,not later than #fj days after the date of enactment of an ,act providing appropriations for the ,department of ,defense1 the ,department of ,energy1 the ,department of ,health and ,human ,services1 the ,national ,aeronautics and ,space ,administration1 or the ,national ,science ,foundation1 the head of each such entity for which that ,act provided appropriations shall transfer not less than #aj percent of the amount of the funds used for the purposes described in clauses 7i7 through 7xii7 of subparagraph 7,a7 to the ,administrator to increase the resources of the ,administration for administering the ,,sbir and ,,sttr programs4 7ii7 ,fund use limits ,none of the funds transferred under clause 7i7 may be used for or with respect to any program established under the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #ffa et seq474 4 7b7 ,increasing participation of underserved populations in the ,,sbir and ,,sttr programs 7#a7 ,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 may 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 7#b7 ,conforming amendment ,section #i7mm77#f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7mm77#f77 is amended by striking including and all that follows and inserting the following3 including-- 7,a7 the use of funds transferred under subparagraph 7,b7 of paragraph 7#a7 for the uses authorized under that subparagraph and to achieve the objectives of paragraph 7#b72 and 7,b7 the use of other funds under this subsection to achieve those objectives4 4 #djb4 ,extend and expand the direct to ,phase ,,ii authority ,section #i7;cc7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;cc77 is amended-- 7#a7 by striking ,during and inserting the following3 7#a7 ,in general ,during 2 7#b7 in paragraph 7#a71 as so designated-- 7,a7 by striking #bjab through #bjbe and inserting #bjab through #bjcj2 and 7,b7 by striking the ,national ,institutes of ,health1 the ,department of ,defense1 and the ,department of ,education may each and inserting each ,federal agency required to carry out an ,,sbir program may2 and 7#c7 by adding at the end the following3 7#b7 ,limitation ,the total value of awards provided by a ,federal agency under this subsection in a fiscal year shall be-- 7,a7 except as provided in subparagraph 7,b71 not more than #aj percent of the total funds allocated to the ,,sbir program of the ,federal agency during that fiscal year2 and 7,b7 with respect to the ,national ,institutes of ,health1 not more than #ae percent of the total funds allocated to the ,,sbir program of the ,national ,institutes of ,health during that fiscal year4 7#c7 ,report ,each head of a ,federal agency that exercises the authority under this subsection shall include in the next report submitted by that ,federal agency under subsection 7g77#i7 following that exercise of authority the number and amount of awards provided under this subsection by that ,federal agency during the period covered by that report4 4 #djc4 ,extend commercialization readiness program for civilian agencies ,section #i7;gg7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;gg77 is amended-- 7#a7 in the subsection heading1 by striking ,pilot and inserting ,civilian agencies commercialization readiness2 7#b7 by striking pilot program each place that term appears and inserting covered program2 and 7#c7 in paragraph 7#g71 by striking fiscal year #bjbe and inserting fiscal year #bjcj4 #djd4 ,extension of certain ,,sbir and ,,sttr pilot programs 7a7 ,phase #j proof of concept partnership program ,section #i7;jj77#g7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;jj77#g77 is amended by striking at the end of fiscal year #bjbe and inserting on ,september #cj1 #bjcj4 7b7 ,commercialization assistance pilot programs ,section #i7uu77#c7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7uu77#c77 is amended by striking ,september #cj1 #bjbe and inserting ,september #cj1 #bjcj4 #dje4 ,extension of due diligence program to assess security risks ,section #i7vv77#c77;,c7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7vv77#c77;,c77 is amended by striking ,september #cj1 #bjbe and inserting ,september #cj1 #bjcj4 ,v ,oversight and simplification initiatives #eja4 ,annual reports to congress ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in subsection 7g7-- 7,a7 in paragraph 7#i7-- 7i7 by inserting the ,committee on ,small ,business and ,entrepreneurship of the ,senate1 the ,committee on ,small ,business of the ,house of ,representatives1 after ,,sbir program to2 7ii7 by inserting a comma after ,administration2 and 7iii7 by inserting after ,technology ,policy the following3 and publish that report on the website of that ,federal agency as soon as practicable2 and 7,b7 in paragraph 7#aj71 by striking applicable711 and inserting applicable712 7#b7 in subsection 7o7-- 7,a7 in paragraph 7#h71 by striking applicable711 and inserting applicable712 and 7,b7 in paragraph 7#aj7-- 7i7 by inserting the ,committee on ,small ,business and ,entrepreneurship of the ,senate1 the ,committee on ,small ,business of the ,house of ,representatives1 after ,,sttr program to2 7ii7 by inserting a comma after ,administration2 and 7iii7 by inserting after ,technology ,policy the following3 and publish that report on the website of that ,federal agency as soon as practicable2 and 7#c7 in subsection 7gg77#f71 by inserting ,congress and after agency to4 #ejb4 ,comptroller general report on diversification and commercialization 7a7 ,definitions ,in this section3 7#a7 ,federal agency2 ,,sbir2 ,,sttr ,the terms ,federal agency1 ,,sbir1 and ,,sttr have the meanings given those terms in section #i7;e7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;e774 7#b7 ,new entrant ,the term new entrant means a small business concern that has not previously received an ,,sbir or ,,sttr award4 7#c7 ,underrepresented groups ,the term underrepresented groups means small business concerns located in ,states with respect to which a low level of ,,sbir and ,,sttr awards have historically been awarded1 small business concerns owned and controlled by women1 and small business concerns owned and controlled by socially and economically disadvantaged individuals4 7#d7 ,participating agency ,the term participating agency means a ,federal agency carrying out an ,,sbir or ,,sttr program under section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch74 7#e7 ,small business concern ,the term small business concern has the meaning given the term in section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 7#f7 ,small business concern owned and controlled by socially and economically disadvantaged individuals2 small business concern owned and controlled by women ,the terms small business concern owned and controlled by socially and economically disadvantaged individuals and small business concern owned and controlled by women have the meanings given those terms in section #h7;d7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcg7;d774 7b7 ,report ,not later than #c years after the date of enactment of this ,act1 the ,comptroller ,general of the ,united ,states shall 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 on the effectiveness of the ,,sbir and ,,sttr programs with respect to diversification of participants and commercialization4 7c7 ,contents ,the report shall include1 to the extent practicable1 an assessment of-- 7#a7 the demographics of small business concerns receiving ,,sbir or ,,sttr awards1 including new entrants and underrepresented groups2 7#b7 the efforts of participating agencies to broaden representation and participation of new entrants and underrepresented groups in the ,,sbir and ,,sttr programs2 7#c7 how participating agencies develop solicitation topics and attract applicants2 7#d7 the efforts of participating agencies to support technology commercialization2 7#e7 the extent to which the ,,sbir and ,,sttr awards made by each participating agency align with the research priorities and technology needs of that participating agency2 and 7#f7 such other matters as the ,comptroller ,general1 in consultation with the ,committee on ,small ,business and ,entrepreneurship of the ,senate and the ,committee on ,small ,business of the ,house of ,representatives1 determines appropriate4 #ejc4 ,extend the report on award timeliness ,section #i7;ii77#b77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;ii77#b77;,a77 is amended-- 7#a7 in the matter preceding clause 7i71 by striking #c years and inserting #aa years2 7#b7 in clause 7i71 by striking and at the end2 7#c7 by redesignating clause 7ii7 as clause 7iii72 and 7#d7 by inserting after clause 7i7 the following3 7ii7 provides the average and median amount of time that each ,federal agency with an ,,sbir or ,,sttr program takes to review and make a final decision on proposals submitted under the program2 and 4 #ejd4 ,pilot program to accelerate national institutes of health evaluation process 7a7 ,in general ,section #i7;hh7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;hh77 is amended by adding at the end the following3 7#c7 ,pilot program to accelerate the ,national ,institutes of ,health ,,sbir and ,,sttr awards 7,a7 ,in general ,not later than #a year after the date of enactment of this paragraph1 the ,director of the ,national ,institutes of ,health shall establish a pilot program to reduce the time for awards under the ,,sbir and ,,sttr programs of the ,national ,institutes of ,health4 7,b7 ,award procedures ,in carrying out the pilot program under subparagraph 7,a71 the ,director of the ,national ,institutes of ,health shall develop simplified and standardized procedures across all relevant awarding offices at the ,national ,institutes of ,health and reduce the amount of time between the provision of notice of those awards and the subsequent release of funding with respect to the awards to be as close to #ij days as possible4 7,c7 ,merit review 7i7 ,in general ,under the pilot program under subparagraph 7,a71 the ,director of the ,national ,institutes of ,health may1 with respect to awards under the ,,sbir and ,,sttr programs of the ,national ,institutes of ,health1 use such peer review procedures 7including consultation with appropriate scientific experts7 as the ,director determines to be appropriate to obtain assessments of scientific and technical merit and potential for commercialization4 7ii7 ,deemed ,the use of peer review procedures under clause 7i7 shall be deemed to fulfill any requirements applicable to the award under the ,,sbir or ,,sttr program of the ,national ,institutes of ,health under sections #djf7;a77#c77;,a7 and #dib of the ,public ,health ,service ,act 7#db ,u4,s4,c4 #bhd;a7a77#c77;,a71 #bhi;a74 7,d7 ,termination ,the pilot program under subparagraph 7,a7 shall terminate on ,september #cj1 #bjcj4 4 7b7 ,evaluation report ,not later than #c years after the date of enactment of this ,act1 the ,director of the ,national ,institutes of ,health shall submit to the ,committee on ,small ,business and ,entrepreneurship of the ,senate and the ,committee on ,small ,business and the ,committee on ,science1 ,space1 and ,technology of the ,house of ,representatives an evaluation of the pilot program established under paragraph 7#c7 of section #i7;hh7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;hh771 as added by subsection 7a71 including an analysis of the peer review procedures used under subparagraph 7,c7 of that paragraph and the effects on award times4 #eje4 ,codifying safeguards for small business concerns majority-owned by venture capital operating companies1 hedge funds1 or private equity firms 7a7 ,in general ,section #i7;dd7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;dd77 is amended-- 7#a7 in paragraph 7#f77;,b71 by striking ,if a ,federal and inserting ,except as provided in paragraph 7#h71 if a ,federal2 and 7#b7 by adding at the end the following3 7#h7 ,participation limits 7,a7 ,definitions ,in this paragraph3 7i7 ,covered foreign entity the term covered foreign entity-- 7,i7 means-- 7aa7 a foreign entity of concern2 7bb7 a government or political party of a foreign country of concern2 7cc7 a natural person who is not a lawful permanent resident of the ,united ,states1 citizen of the ,united ,states1 or any other protected individual 7as that term is defined in section #bgd;,b7a77#c7 of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #acbd;b7a77#c7772 or 7dd7 a partnership1 association1 corporation1 organization1 or other combination of persons organized under the laws of or having its principal place of business in a foreign country of concern2 and 7,,ii7 includes-- 7aa7 any entity owned by1 controlled by1 or subject to the jurisdiction or direction of an entity listed in subclause 7,i72 7bb7 any person1 wherever located1 who acts as an agent1 representative1 or employee of an entity listed in subclause 7,i72 7cc7 any person who acts in any other capacity at the order1 request1 or under the direction or control1 of an entity listed in subclause 7,i71 or of a person whose activities are directly or indirectly supervised1 directed1 controlled1 financed1 or subsidized in whole or in majority part by an entity listed in subclause 7,i72 7dd7 any person who directly or indirectly through any contract1 arrangement1 understanding1 relationship1 or otherwise1 owns #be percent or more of the equity interests of an entity listed in subclause 7,i72 7ee7 any person with significant responsibility to control1 manage1 or direct an entity listed in subclause 7,i72 7ff7 any person1 wherever located1 who is a citizen or resident of a country controlled by an entity listed in subclause 7,i72 or 7gg7 any corporation1 partnership1 association1 or other organization organized under the laws of a country controlled by an entity listed in subclause 7,i74 7ii7 ,foreign entity of concern ,the term foreign entity of concern means a foreign entity that is-- 7,i7 designated as a foreign terrorist organization by the ,secretary of ,state under section #bai7;a7 of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #aahi7;a772 7,,ii7 included on the list of specially designated nationals and blocked persons maintained by the ,office of ,foreign ,assets ,control of the ,department of the ,treasury 7commonly known as the ,,sdn list72 7,,iii7 owned by1 controlled by1 or subject to the jurisdiction or direction of a government of a foreign country that is a covered nation 7as that term is defined in section #dhgb of title #aj1 ,united ,states ,code72 7,,iv7 alleged by the ,attorney ,general to have been involved in activities for which a conviction was obtained under-- 7aa7 chapter #cg of title #ah1 ,united ,states ,code 7commonly known as the ,espionage ,act72 7bb7 section #iea or #ajcj of title #ah1 ,united ,states ,code2 7cc7 chapter #ij of title #ah1 ,united ,states ,code 7commonly known as the ,economic ,espionage ,act of #aiif72 7dd7 the ,arms ,export ,control ,act 7#bb ,u4,s4,c4 #bgea et seq472 7ee7 section #bbd1 #bbe1 #bbf1 #bbg1 or #bcf of the ,atomic ,energy ,act of #aied 7#db ,u4,s4,c4 #bbgd1 #bbge1 #bbgf1 #bbgg1 and #bbhd72 7ff7 the ,export ,control ,reform ,act of #bjah 7#ej ,u4,s4,c4 #dhja et seq472 or 7gg7 the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq472 or 7,v7 determined by the ,secretary of ,commerce1 in consultation with the ,secretary of ,defense and the ,director of ,national ,intelligence1 to be engaged in unauthorized conduct that is detrimental to the national security or foreign policy of the ,united ,states4 7,b7 ,ownership by a covered foreign entity ,a small business concern that is majority-owned by multiple venture capital operating companies1 hedge funds1 or private equity firms is ineligible to receive an award under any ,,sbir program if the ,administrator determines that such small business concern is1 or is owned and controlled in majority part by1 a covered foreign entity4 7,c7 ,ownership determination ,in determining whether a small business concern is ineligible to receive an award under any ,,sbir program under subparagraph 7,a71 the ,administrator shall consider whether the small business concern is a direct or indirect subsidiary of a foreign-owned firm4 7,d7 ,size standards ,the ,administrator shall establish size standards for small business concerns seeking to participate in an ,,sbir program solely under the authority under this section4 4 7b7 ,applicability ,the amendments made by subsection 7a7 shall apply only with respect to awards made under a ,small ,business ,innovation ,research ,program 7as defined in section #i7;e7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;e777 after the date of enactment of this ,act4 #ejf4 ,commercialization impact assessment ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch71 as amended by section #cjc1 is amended by adding at the end the following3 7ccc7 ,commercialization impact assessment 7#a7 ,in general ,the ,administrator shall coordinate with the head of each ,federal agency with an ,,sbir or ,,sttr program to develop an annual commercialization impact assessment1 which shall measure1 for each small business concern that has received not less than #ej ,phase ,,ii awards on or after ,october #a of the ninth full fiscal year beginning before the fiscal year in which the assessment is carried out-- 7,a7 the total dollar value of ,federal awards1 subgrants1 contracts1 and subcontracts1 other than ,,sbir or ,,sttr awards1 received by the small business concern in the preceding #i fiscal years2 7,b7 the total dollar value of all ,,sbir and ,,sttr ,phase ,i and ,phase ,,ii awards received by the small business concern in the preceding #i fiscal years2 7,c7 the average annual gross revenue of the small business concern over the preceding #i fiscal years2 7,d7 the total revenue of the small business concern received or realized in the preceding #i fiscal years from the sale or licensing of any product or service resulting from research conducted under an ,,sbir or ,,sttr award1 which shall be disaggregated by the revenue from those sales and the revenue from that licensing2 7,e7 additional investments in the small business concern from any source1 other than ,phase ,i or ,phase ,,ii ,,sbir or ,,sttr awards1 to further the research and development conducted under an ,,sbir or ,,sttr award received by the small business concern in the preceding #i fiscal years2 7,f7 any mergers and acquisitions of ,,sbir or ,,sttr award recipients during or after the completion of a ,phase ,,ii award2 7,g7 new1 unique spin-out companies and third party revenues from any businesses in the preceding #i fiscal years resulting from research conducted by the small business concern under an ,,sbir or ,,sttr award2 7,h7 the year in which the first ,phase ,,ii award was received by the small business concern and the total number of employees of the small business concern at the time of the first ,phase ,,ii award2 7,i7 the number of employees1 as of the end of the most recently completed fiscal year2 and 7,j7 the total number and value of ,phase ,,iii awards received by the small business concern4 7#b7 ,publication ,the ,administrator shall create a report on the findings of each commercialization impact assessment and shall-- 7,a7 include that report in the annual report required under subsection 7b77#g72 and 7,b7 submit that report to-- 7i7 the ,committee on ,small ,business and ,entrepreneurship of the ,senate2 and 7ii7 the ,committee on ,science1 ,space1 and ,technology and the ,committee on ,small ,business of the ,house of ,representatives4 4 ,,vi ,technical changes #fja4 ,inclusion of ,s,b,i,cs in the ,,sbir and ,,sttr programs ,section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch71 as amended by section #eje1 is amended-- 7#a7 by striking or private equity firm investment each place that term appears and inserting private equity firm1 or ,,sbic investment2 7#b7 by striking or private equity firms each place that term appears and inserting private equity firms1 or ,s,b,i,cs2 7#c7 in subsection 7e7-- 7,a7 in paragraph 7#ah71 by striking and at the end2 7,b7 in paragraph 7#ai71 by striking the period at the end and inserting 2 and2 and 7,c7 by adding at the end the following3 7#bj7 the term ,,sbic means a small business investment company as defined in section #ajc of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #ffb74 2 and 7#d7 in the heading for subsection 7dd71 by striking or ,private ,equity ,firms and inserting ,private ,equity ,firms1 or ,s,b,i,cs4 #fjb4 ,phase ,,iii and sole-source awards ,section #i7r7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 is amended-- 7#a7 in the heading1 by inserting ,sole ,source and ,other after ,justification for2 and 7#b7 in the heading for paragraph 7#d71 by inserting sole source and other after justification for4