,,ii  #aai? ,,congress  #a/ ,session    
,s4 #aegc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #a1 #bjbe,mr4     
,m>key introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to am5d ! ,small ,bus9ess ,act 
to reau?orize & modify ! ,small ,bus9ess
 ,innovation ,rese>* & ,small ,bus9ess  
,te*nology ,transf] ,rese>* programs1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,,sbir_/,,/tr      
,reau?orization ,act ( #bjbe4  #b4      
,table ( cont5ts ,! table ( cont5ts =   
?is ,act is z foll[s3 ,sec4 #a4 ,%ort   
title4,sec4 #b4 ,table ( cont5ts4,,title
 ,i--,reau?orization ( programs,sec4    
#aja4 ,ext5sion ( ,,sbir & ,,/tr        
au?ority4,sec4 #ajb4 ,ext5sion ( ,,fa/  
,program4,,title ,,ii--,enhanc+         
competition,sec4 #bja4 ,increas+ ag5cy  
exp5ditures = ,,sbir & ,,/tr            
programs4,sec4 #bjb4 ,,sbir & ,,/tr     
fell[%ips4,sec4 #bjc4 ,application      
assi/ance to broad5 p>ticipation4,sec4  

#bjd4 ,te*nical & bus9ess assi/ance     
improvem5ts4,sec4 #bje4 ,improvem5ts to 
website relat+ to ! ,,sbir program &    
,,/tr program4,,title                   
,,iii--,comm]cialization                
,improvements,sec4 #cja4 ,phase ,,iii   
aw>d education4,sec4 #cjb4 ,report on   
c]ta9 d5ials ( ,phase ,,iii4,sec4 #cjc4 
,te*nology ,comm]cialization            
,(ficial4,sec4 #cjd4 ,phase ,,iii       
improvem5ts4,,title ,,iv--,pilot        
,programs,sec4 #dja4 ,ext5d & modify    
assi/ance = adm9i/rative1 ov]sight1 &   
contract process+ co/s4,sec4 #djb4      
,ext5d & exp& ! direct to ,phase ,,ii   
au?ority4,sec4 #djc4 ,ext5d             
comm]cialization read9ess program =     
civilian ag5cies4,sec4 #djd4 ,ext5sion (
 c]ta9 ,,sbir & ,,/tr pilot             
programs4,sec4 #dje4 ,ext5sion ( due    
dilig5ce program to assess security     
risks4,,title ,v--,ov]sight &           
simplification initiatives,sec4 #eja4   
,annual reports to ,congress4,sec4 #ejb4
 ,comptroll] g5]al report on            

div]sification & comm]cialization4,sec4 
#ejc4 ,ext5d ! report on aw>d           
timel9ess4,sec4 #ejd4 ,pilot program to 
accel]ate ,national ,in/itutes ( ,heal? 
valuation process4,sec4 #eje4 ,codify+  
safegu>ds = small bus9ess conc]ns       
majority-own$ by v5ture capital op]at+  
companies1 h$ge funds1 or private equity
 firms4,sec4 #ejf4 ,comm]cialization    
impact assessm5t4,,title ,,vi--,te*nical
 changes,sec4 #fja4 ,inclusion (        
,s,b,i,cs 9 ! ,,sbir & ,,/tr            
programs4,sec4 #fjb4 ,phase ,,iii &     
sole-s\rce aw>ds4  ,i ,reau?orization ( 
programs  #aja4 ,ext5sion ( ,,sbir &    
,,/tr au?ority  7a7 ,,sbir ,section #i (
 ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4  
#fch7 is am5d$ by /rik+ subsection 7m74 
7b7 ,,/tr ,section #i7n77#a77;,a7 ( !   
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fch7n77#a77;,a77 is am5d$ by /rik+     
?r\gh fiscal ye> #bjbe4  #ajb4 ,ext5sion
 ( ,,fa/ ,program ,section #cd7;i7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#feg;d7i77 is am5d$ by /rik+ ,septemb]  

#cj1 #bjje & ins]t+ ,septemb] #cj1      
#bjcj4  ,,ii ,enhanc+ competition  #bja4
 ,increas+ ag5cy exp5ditures = ,,sbir & 
,,/tr programs ,section #i ( ! ,small   
,bus9ess ,act 7#ae ,u4,s4,c4 #fch7 is   
am5d$-- 7#a7 9 subsection 7f77#a7-- 7,a7
 9 subp>agraph 7,h71 by /rik+ &2  7,b7 9
 subp>agraph 7,i71 by /rik+ fiscal ye>  
#bjag & ea* fiscal ye> !reaft]1 & ins]t+
 ea* ( fiscal ye>s #bjag ?r\gh #bjbe22 &
  7,c7 by ins]t+ aft] subp>agraph 7,i7 !
 foll[+3  7,j7 n less ?an #d p]c5t ( su*
 budget 9 fiscal ye>s #bjbf & #bjbg2    
7,k7 n less ?an #e p]c5t ( su* budget 9 
fiscal ye>s #bjbh & #bjbi2  7,l7 n less 
?an #f p]c5t ( su* budget 9 fiscal ye>s 
#bjcj & #bjca2 &  7,m7 n less ?an #g    
p]c5t ( su* budget 9 fiscal ye> #bjcb & 
ea* fiscal ye> !reaft]1  2 &  7#b7 9    
subsection 7n77#a7-- 7,a7 9 subp>agraph 
7,a71 by /rik+ ?r\gh fiscal ye> #bjbe2 &
  7,b7 9 subp>agraph 7,b7-- 7i7 9 clause
 7iv71 by /rik+ 2 & & ins]t+ a          
semicolon2  7ii7 9 clause 7v71 by /rik+ 
fiscal ye> #bjaf & ea* fiscal ye>       

!reaft]4 & ins]t+ ea* ( fiscal ye>s     
#bjaf ?r\gh #bjbe22 &  7iii7 by add+ at 
! end ! foll[+3  7vi7 #j4e p]c5t =      
fiscal ye> #bjbf & #bjbg2  7vii7 #j4fe  
p]c5t = fiscal ye> #bjbh & #bjbi2       
7viii7 #j4h p]c5t = fiscal ye> #bjcj &  
#bjca2 &  7ix7 #a p]c5t = fiscal ye>    
#bjcb & ea* fiscal ye> !reaft]4  4      
#bjb4 ,,sbir & ,,/tr fell[%ips ,section 
#i ( ! ,small ,bus9ess ,act 7#ae        
,u4,s4,c4 #fch7 is am5d$-- 7#a7 9       
subsection 7f71 by add+ at ! end !      
foll[+3  7#e7 ,fell[%ips  7,a7 ,9 g5]al 
,a ,f$]al ag5cy may provide grants or   
aw>ds1 ei!r directly or 9 p>tn]%ip ) a  
?ird p>ty1 to small bus9ess conc]ns t h 
receiv$ ,,sbir or ,,/tr ,phase ,,ii     
aw>ds to provide fell[%ip & int]n%ip    
opportunities at ! und]graduate1        
baccalaureate1 graduate1 & po/doctoral  
levels 9 fields t are important to !    
,f$]al ag5cy4  7,b7 ,enhanc$ outrea*    
,ea* ,f$]al ag5cy t makes an aw>d or    
ent]s into a p>tn]%ip "u subp>agraph    
7,a7 %all provide = enhanc$ outrea* to  

increase ! p>ticipation ( wom51 socially
 disadvantag$ individuals 7z describ$ 9 
section #h7;a77#e771 & economically     
disadvantag$ individuals 7z describ$ 9  
section #h7;a77#f77;,a77 9 ! fell[%ip & 
int]n%ip opportunities describ$ 9       
subp>agraph 7,a74  7,c7 ,support        
organization ,ea* ,f$]al ag5cy t makes  
an aw>d or ent]s into a p>tn]%ip "u     
subp>agraph 7,a7 may p>tn] ) or provide 
grants or aw>ds to a ?ird-p>ty          
organization to support & facilitate !  
enhanc$ outrea* "u subp>agraph 7,b71    
provid$ t ! ?ird-p>ty organization is a 
nonpr(it organization ) relevant        
exp]i5ce & demon/rat$ exp]tise 9 deliv]y
 ( s]vices describ$ 9 subp>agraph 7,b74 
7,d7 ,fund+ ,9 c>ry+ out ?is p>agraph1 a
 ,f$]al ag5cy may use only ! foll[+     
am\nts3 7i7 ,) respect to a ,f$]al ag5cy
 t uses ! au?ority "u subsection 7mm71 !
 funds au?oriz$ "u su* subsection4  7ii7
 ,) respect a ,f$]al ag5cy o!r ?an a    
,f$]al ag5cy describ$ 9 clause 7i71 n m 
?an #c p]c5t ( ! funds requir$ to be    

exp5d$ "u p>agraph 7#a74  2 &  7#b7 9   
subsection 7n71 by add+ at ! end !      
foll[+3  7#d7 ,fell[%ips  7,a7 ,9 g5]al 
,a ,f$]al ag5cy may provide grants or   
aw>ds1 ei!r directly or 9 p>tn]%ip ) a  
?ird p>ty1 to small bus9ess conc]ns t h 
receiv$ ,,sbir or ,,/tr ,phase ,,ii     
aw>ds to provide fell[%ip & int]n%ip    
opportunities at ! und]graduate1        
baccalaureate1 graduate1 & po/doctoral  
levels 9 fields t are important to !    
,f$]al ag5cy4  7,b7 ,enhanc$ outrea*    
,ea* ,f$]al ag5cy t makes an aw>d or    
ent]s into a p>tn]%ip "u subp>agraph    
7,a7 %all provide = enhanc$ outrea* to  
increase ! p>ticipation ( wom51 socially
 disadvantag$ individuals 7z describ$ 9 
section #h7;a77#e771 & economically     
disadvantag$ individuals 7z describ$ 9  
section #h7;a77#f77;,a77 9 ! fell[%ip & 
int]n%ip opportunities describ$ 9       
subp>agraph 7,a74  7,c7 ,support        
organization ,ea* ,f$]al ag5cy t makes  
an aw>d or ent]s into a p>tn]%ip "u     
subp>agraph 7,a7 may p>tn] ) or provide 

grants or aw>ds to a ?ird-p>ty          
organization to support & facilitate !  
enhanc$ outrea* "u subp>agraph 7,b71    
provid$ t ! ?ird-p>ty organization is a 
nonpr(it organization ) relevant        
exp]i5ce & demon/rat$ exp]tise 9 deliv]y
 ( s]vices describ$ 9 subp>agraph 7,b74 
7,d7 ,fund+ ,9 c>ry+ out ?is p>agraph1 a
 ,f$]al ag5cy may use only ! foll[+     
am\nts3 7i7 ,) respect to a ,f$]al ag5cy
 t uses ! au?ority "u subsection 7mm71 !
 funds au?oriz$ "u su* subsection4  7ii7
 ,) respect a ,f$]al ag5cy o!r ?an a    
,f$]al ag5cy describ$ 9 clause 7i71 n m 
?an #c p]c5t ( ! funds requir$ to be    
exp5d$ "u p>agraph 7#a74  4  #bjc4      
,application assi/ance to broad5        
p>ticipation  7a7 ,9 g5]al ,section     
#i7mm77#a7 ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fch7mm77#a77 is am5d$-- 7#a7
 9 subp>agraph 7,j71 by /rik+ & at !    
end2  7#b7 9 subp>agraph 7,k71 by /rik+ 
! p]iod at ! end & ins]t+ 2 &2 &  7#c7  
by add+ at ! end ! foll[+3  7,l7 provid+
 small bus9ess conc]ns ) assi/ance      

apply+ to ! ,,sbir program or ,,/tr     
program ( ! ,f$]al ag5cy1 includ+       
provid+ su* assi/ance to c>ry out !     
policy directives requir$ "u p>agraphs  
7#b77;,f7 & 7#e7 ( subsection 7j7 &     
subsection 7p77#b77;,h7 to increase !   
p>ticipation ( ,/ates ) respect to :i* a
 l[ level ( ,,sbir or ,,/tr aw>ds h     
hi/orically be5 aw>d$4  4  7b7 ,enhanc$ 
m9ority in/itution p>ticipation  7#a7   
,,sbir ,section #i7;j7 ( ! ,small       
,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;j771 
is am5d$ by add+ at ! end ! foll[+3     
7#e7 ,increas$ outrea* requirem5ts ,n   
lat] ?an #ij days aft] ! date ( enactm5t
 ( ?is p>agraph1 ! ,adm9i/ration %all   
modify ! policy directives issu$        
pursuant to ?is subsection to require   
enhanc$ outrea* ef=ts to increase !     
p>ticipation ( individuals conduct+     
rese>* at m9ority in/itutions 7z def9$ 9
 section #cfe ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajfgk77 &      
,hispanic-s]v+ in/itutions 7z def9$ 9   
section #ejb7;a7 ( su* ,act 7#bj        

,u4,s4,c4 #aaja;a7a777 9 ,,sbir         
programs4  4  7#b7 ,,/tr ,section       
#i7p77#b7 ( ! ,small ,bus9ess ,act 7#ae 
,u4,s4,c4 #fch7p77#b77 is am5d$-- 7,a7 9
 subp>agraph 7,f71 by /rik+ & at ! end2 
7,b7 9 subp>agraph 7,g77iii71 by /rik+ !
 p]iod at ! end & ins]t+ 2 &2 &  7,c7 by
 add+ at ! end ! foll[+3  7,h7 proc$ures
 = outrea* ef=ts to increase !          
p>ticipation ( individuals conduct+     
rese>* at m9ority in/itutions 7z def9$ 9
 section #cfe ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajfgk77 &      
,hispanic-s]v+ in/itutions 7z def9$ 9   
section #af #ejb7;a7 ( su* ,act 7#bj    
,u4,s4,c4 #aaja;a7a777 9 ,,/tr programs4
  4  #bjd4 ,te*nical & bus9ess assi/ance
 improvem5ts ,section #i ( ! ,small     
,bus9ess ,act 7#ae ,u4,s4,c4 #fch7q77 is
 am5d$-- 7#a7 9 subsection 7q7-- 7,a7 9 
p>agraph 7#a71 9 ! matt] prec$+         
subp>agraph 7,a7-- 7i7 by /rik+ may ent]
 into an agreem5t ) #a or m v5dors      
select$ "u p>agraph 7#b77;,a7 to provide
 small bus9ess conc]ns engag$ 9 ,,sbir  

or ,,/tr projects ) te*nical & bus9ess  
assi/ance s]vices & ins]t+ %all au?orize
 recipi5ts ( aw>ds "u ! ,,sbir program  
or ! ,,/tr program to select1 if desir$1
 te*nical & bus9ess assi/ance provid$ "u
 subp>agraph 7,a71 7,b71 or 7,c7 (      
p>agraph 7#b7 ) respect to ,,sbir or    
,,/tr projects2  7ii7 by ins]t+         
cyb]security assi/ance1 aft]            
intellectual prop]ty protections12 &    
7iii7 by /rik+ su* conc]ns & ins]t+ su* 
recipi5ts2 &  7,b7 9 p>agraph 7#b71 by  
add+ at ! end ! foll[+3  7,c7 ,/aff ,a  
small bus9ess conc]n may1 by contract or
 o!rwise1 use fund+ provid$ "u ?is      
section to hire new /aff1 augm5t /aff1  
or direct /aff to conduct or p>ticipate 
9 tra9+ activities consi/5t ) ! goals   
li/$ 9 p>agraph 7#a74  2  7,c7 9        
p>agraph 7#c7-- 7i7 by /rik+            
subp>agraphs 7,a7 & 7,b7 & ins]t+ !     
foll[+3  7,a7 ,phase ,i ,a ,f$]al ag5cy 
describ$ 9 p>agraph 7#a7 %all au?orize a
 recipi5t ( a ,phase ,i ,,sbir or ,,/tr 
aw>d to use n m ?an #f1ejj p] project1  

includ$ z "p ( ! aw>d ( ! recipi5t or 9 
addition to ! am\nt ( ! aw>d ( !        
recipi5t z det]m9$ appropriate by ! head
 ( ! ,f$]al ag5cy1 = ! s]vices describ$ 
9 p>agraph 7#a7-- 7i7 provid$ ?r\gh a   
v5dor select$ "u p>agraph 7#b77;,a72    
7ii7 provid$ ?r\gh a v5dor o!r ?an a    
v5dor select$ "u p>agraph 7#b77;,a72    
7iii7 a*iev$ ?r\gh ! activities describ$
 9 p>agraph 7#b77;,c72 or  7iv7 provid$ 
?r\gh any comb9ation ( clauses 7i7 &    
7ii74  7,b7 ,phase ,,ii ,a ,f$]al ag5cy 
describ$ 9 p>agraph 7#a7 %all au?orize a
 recipi5t ( a ,phase ,,ii ,,sbir or     
,,/tr aw>d to utilize n m ?an #ej1jjj p]
 project1 includ$ z "p ( ! aw>d ( !     
recipi5t or 9 addition to ! am\nt ( !   
aw>d ( ! recipi5t z det]m9$ appropriate 
by ! head ( ! ,f$]al ag5cy1 = ! s]vices 
describ$ 9 p>agraph 7#a7-- 7i7 provid$  
?r\gh a v5dor select$ "u p>agraph       
7#b77;,a72  7ii7 provid$ ?r\gh a v5dor  
o!r ?an a v5dor select$ "u p>agraph     
7#b77;,a72  7iii7 a*iev$ ?r\gh !        
activities describ$ 9 p>agraph          

7#b77;,c72 or  7iv7 provid$ ?r\gh any   
comb9ation ( clauses 7i71 7ii71 & 7iii74
  2 &  7,d7 by add+ at ! end ! foll[+3  
7#e7 ,t>get$ review ,a ,f$]al ag5cy may 
p]=m t>get$ reviews ( te*nical & bus9ess
 assi/ance fund+ z describ$ 9 subsection
 7mm77#a77;,f74  2 &  7#b7 by add+ at ! 
end ! foll[+3  7aaa7 ,i-,corps          
p>ticipation  7#a7 ,9 g5]al ,ea* ,f$]al 
ag5cy t is1 z ( ,janu>y #a1 #bjbe1      
requir$ to conduct an ,,sbir or ,,/tr   
program ) an ,innovation ,corps program 
7e/abli%$ "u section #fja ( ! ,am]ican  
,innovation & ,competitiv5ess ,act 7#db 
,u4,s4,c4 #ahfbs-#h7 & commonly kn[n z  
,i-,corps7 %all-- 7,a7 provide an option
 = p>ticipation 9 an ,i-,corps teams    
c\rse1 ,i-,corps bootcamp1 or ano!r     
equival5t tra9+ program to recipi5ts (  
an aw>d "u ! ,,sbir or ,,/tr program2 & 
7,b7 au?orize ! recipi5ts describ$ 9    
subp>agraph 7,a7 to use am\nts au?oriz$ 
"u ?is subsection to p>ticipate 9 !     
,i-,corps teams c\rse1 ,i-,corps        
bootcamp1 or ano!r equival5t tra9+      

program4  7#b7 ,co/ ( p>ticipation ,!   
co/ ( p>ticipation by a recipi5t        
describ$ 9 p>agraph 7#a77;,a7 9 an      
,i-,corps c\rse1 ,i-,corps bootcamp1 or 
ano!r equival5t tra9+ program may be    
provid$ by-- 7,a7 an ,i-,corps team     
grant2  7,b7 funds aw>d$ to ! recipi5t  
"u ?is subsection2  7,c7 ! p>ticipat+   
teams or o!r s\rces z appropriate2 or   
7,d7 any comb9ation ( s\rces describ$ 9 
subp>agraphs 7,a71 7,b71 & 7,c74  4     
#bje4 ,improvem5ts to website relat+ to 
! ,,sbir program & ,,/tr program  7a7   
,,sbir program ,section #i7;g77#h7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fch7;g77#h77 is am5d$-- 7#a7 9         
subp>agraph 7,b71 by /rik+ & at ! end2  
7#b7 9 subp>agraph 7,c71 by add+ & at ! 
end2 &  7#c7 by add+ at ! end ! foll[+3 
7,d7 = ea* rese>* in/itution            
subcontract$ by a recipi5t ( a ,phase   
,i1 ,phase ,,ii1 or ,phase ,,iii ,,sbir 
aw>d to p]=m rese>* or rese>* &         
developm5t ) respect to ! aw>d-- 7i7 !  
"n & location ( ! rese>* in/itution2    

7ii7 :e!r ! rese>* in/itution is-- 7,i7 
an in/itution ( high] education 7z def9$
 9 section #aja ( ! ,high] ,education   
,act ( #aife 7#bj ,u4,s4,c4 #ajja772    
7,,ii7 a nonpr(it in/itution 7z def9$ 9 
section #d ( ! ,/ev5son-,wydl]          
,te*nology ,innovation ,act ( #aihj 7#ae
 ,u4,s4,c4 #cgjc77 o!r ?an an in/itution
 ( high] education 7z def9$ 9 section   
#aja ( ! ,high] ,education ,act ( #aife 
7#bj ,u4,s4,c4 #ajja772 or  7,,iii7 a   
f$]ally fund$ rese>* & developm5t c5t]  
7z id5tifi$ by ! ,national ,sci5tific   
,f\ndation 9 accordance ) ! ,f$]al      
,acquisition ,regulation72 &  7iii7 =   
ea* rese>* in/itution t is an in/itution
 ( high] education 7z def9$ 9 section   
#aja ( ! ,high] ,education ,act ( #aife 
7#bj ,u4,s4,c4 #ajja771 :e!r ! rese>*   
in/itution is-- 7,i7 a "p ,b in/itution 
7z def9$ 9 section #cbb ! ,high]        
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajfa772  7,,ii7 a ,hispanic-s]v+       
in/itution 7z def9$ 9 section #ejb ( su*
 ,act 7#bj ,u4,s4,c4 #aaja;a772  7,,iii7

 a ,tribal ,college or ,univ]sity 7z    
def9$ 9 section #caf ( su* ,act 7#bj    
,u4,s4,c4 #ajei;c772  7,,iv7 an ,alaska 
,native-s]v+ in/itution or a ,native    
,hawaiian-s]v+ in/itution 7z def9$ 9    
section #cag7;b7 ( su* ,act 7#bj        
,u4,s4,c4 #ajei;d7b7772  7,v7 a         
,pr$om9antly ,black ,in/itution 7z def9$
 9 section #cga7;c7 ( su* ,act 7#bj     
,u4,s4,c4 #ajfgq7c7772  7,,vi7 an ,asian
 ,am]ican & ,native ,am]ican ,pacific   
,isl&]-s]v+ in/itution 7z def9$ 9       
section #cga7;c7 ( su* ,act 7#bj        
,u4,s4,c4 #aj #ajfgq7c7772 or  7,,vii7 a
 ,native ,am]ican-s]v+ nontribal        
in/itution 7z def9$ 9 section #cga7;c7 (
 su* ,act 7#bj ,u4,s4,c4 #ajfgq7c7772  4
  7b7 ,,/tr program ,section #i7o77#i7 (
 ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4  
#fch7o77#i77 is am5d$-- 7#a7 9          
subp>agraph 7,b71 by /rik+ & at ! end2  
7#b7 9 subp>agraph 7,c71 by add+ & at ! 
end2 &  7#c7 by add+ at ! end ! foll[+3 
7,d7 = ea* rese>* in/itution            
subcontract$ by a recipi5t ( a ,phase ,i

 or ,phase ,,ii ,,/tr aw>d to p]=m      
rese>* or rese>* & developm5t ) respect 
to ! aw>d-- 7i7 ! "n & location ( !     
rese>* in/itution2  7ii7 :e!r ! rese>*  
in/itution is-- 7,i7 an in/itution (    
high] education 7z def9$ 9 section #aja 
( ! ,high] ,education ,act ( #aife 7#bj 
,u4,s4,c4 #ajja772  7,,ii7 a nonpr(it   
in/itution 7z def9$ 9 section #d ( !    
,/ev5son-,wydl] ,te*nology ,innovation  
,act ( #aihj 7#ae ,u4,s4,c4 #cgjc77 o!r 
?an an in/itution ( high] education 7z  
def9$ 9 section #aja ( ! ,high]         
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajja772 or  7,,iii7 a f$]ally fund$    
rese>* & developm5t c5t] 7z id5tifi$ by 
! ,national ,sci5tific ,f\ndation 9     
accordance ) ! ,f$]al ,acquisition      
,regulation72 &  7iii7 = ea* rese>*     
in/itution t is an in/itution ( high]   
education 7z def9$ 9 section #aja ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajja771 :e!r ! rese>*        
in/itution is-- 7,i7 a "p ,b in/itution 
7z def9$ 9 section #cbb ! ,high]        

,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajfa772  7,,ii7 a ,hispanic-s]v+       
in/itution 7z def9$ 9 section #ejb ( su*
 ,act 7#bj ,u4,s4,c4 #aaja;a772  7,,iii7
 a ,tribal ,college or ,univ]sity 7z    
def9$ 9 section #caf ( su* ,act 7#bj    
,u4,s4,c4 #ajei;c772  7,,iv7 an ,alaska 
,native-s]v+ in/itution or a ,native    
,hawaiian-s]v+ in/itution 7z def9$ 9    
section #cag7;b7 ( su* ,act 7#bj        
,u4,s4,c4 #ajei;d7b7772  7,v7 a         
,pr$om9antly ,black ,in/itution 7z def9$
 9 section #cga7;c7 ( su* ,act 7#bj     
,u4,s4,c4 #ajfgq7c7772  7,,vi7 an ,asian
 ,am]ican & ,native ,am]ican ,pacific   
,isl&]-s]v+ in/itution 7z def9$ 9       
section #cga7;c7 ( su* ,act 7#bj        
,u4,s4,c4 #be #ajfgq7c7772 or  7,,vii7 a
 ,native ,am]ican-s]v+ nontribal        
in/itution 7z def9$ 9 section #cga7;c7 (
 su* ,act 7#bj ,u4,s4,c4 #ajfgq7c7772  4
  7c7 ,database report+  7#a7 ,9 g5]al  
,section #i7k7 ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fch7k77 is am5d$-- 7,a7 
by /rik+ ,phase ,i or ,phase ,,ii ,,sbir

 or ,,/tr ea* place x appe>s & ins]t+   
,phase ,i1 ,phase ,,ii1 or ,phase ,,iii 
,,sbir or ,,/tr2  7,b7 9 p>agraph       
7#a77;,b7-- 7i7 9 clause 7ii71 by /rik+ 
& at ! end2  7ii7 9 clause 7iii71 by    
add+ & at ! end2 &  7iii7 by add+ at !  
end ! foll[+3  7iv7 in=mation reg>d+ any
 rese>* in/itution subcontract$ by t    
small bus9ess conc]n to p]=m rese>* or  
rese>* & developm5t ) respect to ! aw>d1
 includ+-- 7,i7 ! "n & location ( !     
rese>* in/itution2  7,,ii7 :e!r ! rese>*
 in/itution is-- 7aa7 an in/itution (   
high] education 7z def9$ 9 section #aja 
( ! ,high] ,education ,act ( #aife 7#bj 
,u4,s4,c4 #ajja772  7bb7 a nonpr(it     
in/itution 7z def9$ 9 section #d ( !    
,/ev5son-,wydl] ,te*nology ,innovation  
,act ( #aihj 7#ae ,u4,s4,c4 #cgjc77 o!r 
?an an in/itution ( high] education 7z  
def9$ 9 section #aja ( ! ,high]         
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajja772 or  7cc7 a f$]ally fund$ rese>*
 & developm5t c5t] 7z id5tifi$ by !     
,national ,sci5tific ,f\ndation 9       

accordance ) ! ,f$]al ,acquisition      
,regulation72 &  7,,iii7 = ea* rese>*   
in/itution t is an in/itution ( high]   
education 7z def9$ 9 section #aja ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajja771 :e!r ! rese>*        
in/itution is an in/itution describ$ 9  
p>agraphs 7#a7 ?r\gh 7#g7 ( section     
#cga7;a7 ( su* ,act 7#bj ,u4,s4,c4      
#ajfgq7a772  2  7,c7 9 p>agraph 7#b7--  
7i7 9 subp>agraph 7,a71 by /rik+ ,phase 
,i or ,phase ,,ii ( ! ,,sbir program or 
! ,,/tr & ins]t+ ,phase ,i1 ,phase ,,ii1
 or ,phase ,,iii ( ! ,,sbir program or !
 ,,/tr2  7ii7 9 subp>agraph 7,f71 by    
/rik+ & at ! end2  7iii7 9 subp>agraph  
7,g77ii71 by /rik+ ! p]iod at ! end &   
ins]t+ 2 &2 &  7iv7 by add+ at ! end !  
foll[+3  7,h7 conta9s in=mation = ea*   
rese>* in/itution subcontract$ by a     
recipi5t ( a ,phase ,i1 ,phase ,,ii1 or 
,phase ,,iii ,,/tr or ,,sbir aw>d to    
p]=m rese>* or rese>* & developm5t )    
respect to ! aw>d1 includ+-- 7i7 ! "n & 
location ( ! rese>* in/itution2  7ii7   

:e!r ! rese>* in/itution is-- 7,i7 an   
in/itution ( high] education 7z def9$ 9 
section #aja ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajja772  7,,ii7 
a nonpr(it in/itution 7z def9$ 9 section
 #d ( ! ,/ev5son-,wydl] ,te*nology      
,innovation ,act ( #aihj 7#ae ,u4,s4,c4 
#cgjc77 o!r ?an an in/itution ( high]   
education 7z def9$ 9 section #aja ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajja772 or  7,,iii7 a f$]ally
 fund$ rese>* & developm5t c5t] 7z      
id5tifi$ by ! ,national ,sci5tific      
,f\ndation 9 accordance ) ! ,f$]al      
,acquisition ,regulation72 &  7iii7 =   
ea* rese>* in/itution t is an in/itution
 ( high] education 7z def9$ 9 section   
#aja ( ! ,high] ,education ,act ( #aife 
7#bj ,u4,s4,c4 #ajja771 :e!r ! rese>*   
in/itution is an in/itution describ$ 9  
p>agraphs 7#a7 ?r\gh 7#g7 ( section     
#cga7;a7 ( su* ,act 7#bj ,u4,s4,c4      
#ajfgq7a774  2 &  7,d7 9 p>agraph       
7#c77;,c71 by /rik+ ,phase ,i or ,phase 
,,ii aw>d ea* place x appe>s & ins]t+   

,phase ,i1 ,phase ,,ii1 or ,phase ,,iii 
aw>d4  7#b7 ,database update deadl9e    
,not)/&+ p>agraphs 7#a7 or 7#b7 (       
section #i7k7 ( ! ,small ,bus9ess ,act  
7#ae ,u4,s4,c4 #fch7k771 ! ,adm9i/rator 
%all1 n lat] ?an #a ye> aft] ! date (   
enactm5t ( ?is ,act1 include-- 7,a7 9 ! 
database describ$ su* p>agraph 7#a7 !   
in=mation requir$ "u su* p>agraph1 z    
am5d$ by subp>agraphs 7,a7 & 7,b7 (     
p>agraph 7#a7 ( ?is subsection2 &  7,b7 
9 ! database describ$ su* p>agraph 7#b7 
! in=mation requir$ "u su* p>agraph1 z  
am5d$ by subp>agraphs 7,a7 & 7,c7 (     
p>agraph 7#a7 ( ?is subsection4  ,,iii  
,comm]cialization ,improvem5ts  #cja4   
,phase ,,iii aw>d education ,section    
#i7r7 ( ! ,small ,bus9ess ,act 7#ae     
,u4,s4,c4 #fch7r77 is am5d$ by add+ at !
 end ! foll[+3  7#e7 ,work=ce tra9+     
7,a7 ,9 g5]al ,! ,adm9i/rator1 9        
coord9ation ) ! ,secret>y ( ,def5se1 !  
,adm9i/rator ( ,g5]al ,s]vices1 & ! head
 ( any o!r ,f$]al ag5cy t ! ,adm9i/rator
 det]m9es appropriate1 %all e/abli%     

tra9+ activities = contract+ (fic]s & ! 
ag5cy acquisition work=ce ( ,f$]al      
ag5cies to ensure t all su* individuals 
are fully aw>e ( all aspects ( ,phase   
,,iii acquisitions "u ! ,,sbir & ,,/tr  
programs1 z applicable4  7,b7 ,tra9+    
topics ,! tra9+ activities requir$ "u   
subp>agraph 7,a7 %all include tra9+ on--
 7i7 ! missions1 goals1 & au?orities ( !
 ,,sbir & ,,/tr programs2  7ii7 ! use ( 
,phase ,,iii agreem5t2  7iii7 ,phase    
,,iii data rights2 &  7iv7 ! execution (
 ,phase ,,iii sole s\rce aw>d contracts4
  7,c7 ,def9itions ,9 ?is p>agraph3 7i7 
,ag5cy acquisition work=ce ,! t]m ag5cy 
acquisition work=ce means ! employees ( 
a ,f$]al ag5cy t h procurem5t or        
acquisition responsibilities1 includ+-- 
7,i7 employees describ$ 9 section #agjc 
( title #da1 ,unit$ ,/ates ,code2 &     
7,,ii7 individuals t are "p ( !         
acquisition work=ce 7z t t]m is def9$ 9 
section #aja7;a7 ( title #aj1 ,unit$    
,/ates ,code74  7ii7 ,phase ,,iii       
acquisition ,! t]m ,phase ,,iii         

acquisition means an acquisition ( a    
good or s]vice f a p>ticipant 9 ,phase  
,,iii t su* p>ticipant has comm]cializ$ 
or is seek+ to comm]cialize z su* a     
p>ticipant4  4  #cjb4 ,report on c]ta9  
d5ials ( ,phase ,,iii ,section #i7r7 ( !
 ,small ,bus9ess ,act 7#ae ,u4,s4,c4    
#fch7r771 z am5d$ by section #cja1 is   
fur!r am5d$ by add+ at ! end ! foll[+3  
7#f7 ,report+ ,n lat] ?an #cj days aft] 
! date on :i* ! ,dep>tm5t ( ,def5se     
d5ies a small bus9ess conc]n ,phase     
,,iii agreem5t1 ! ,secret>y ( ,def5se   
%all report t d5ial to ! ,adm9i/rator4  
4  #cjc4 ,te*nology ,comm]cialization   
,(ficial ,section #i ( ! ,small ,bus9ess
 ,act 7#ae ,u4,s4,c4 #fch71 z am5d$ by  
section #bjd1 is am5d$ by add+ at ! end 
! foll[+3  7bbb7 ,te*nology             
,comm]cialization ,(ficial ,! head ( ea*
 ,f$]al ag5cy requir$ to e/abli% an     
,,sbir or ,,/tr program %all-- 7#a7     
designate an exi/+ (ficial )9 ! ,f$]al  
ag5cy z ! ,te*nology ,comm]cialization  
,(ficial ( t ,f$]al ag5cy1 :o %all--    

7,a7 h suffici5t exp]i5ce )             
comm]cialization2  7,b7 provide guidance
 to ,,sbir & ,,/tr program aw>dees 9    
comm]cializ+ & transition+ te*nologies2 
7,c7 coord9ate ) ! ,adm9i/rator & !     
,te*nology ,comm]cialization ,(ficials (
 o!r ,f$]al ag5cies to id5tify          
additional m>kets & comm]cialization    
pa?ways = promis+ ,,sbir & ,,/tr program
 te*nologies2  7,d7 submit to !         
,adm9i/rator an annual report on ! numb]
 ( te*nologies f t ,,sbir or ,,/tr      
program t h advanc$ comm]cialization    
activities1 includ+ in=mation requir$ 9 
! comm]cialization impact assessm5t     
report "u subsection 7ccc72  7,e7       
id5tify & advocate = ,,sbir & ,,/tr     
te*nologies ) suffici5t te*nology &     
comm]cialization read9ess to advance to 
,phase ,,iii aw>ds or o!r non-,,sbir or 
,,/tr program contracts2  7,f7 submit to
 ! ,adm9i/rator an annual report on--   
7i7 ! actions tak5 by t ,f$]al ag5cy to 
simply1 /&>dize1 & exp$ite ! application
 process & requirem5ts1 proc$ures1 &    

contracts z requir$ "u subsection 7hh72 
&  7ii7 ! results ( ! actions tak5 "u   
clause 7i72 &  7,g7 c>ry out su* o!r    
duties z ! head ( t ,f$]al ag5cy        
det]m9es necess>y2 or  7#b7 id5tify an  
(ficial 9 t ,f$]al ag5cy c>ry+ out      
responsibilities t are sub/antially     
simil> to ^? describ$ 9 subp>agraphs    
7,a7 ?r\gh 7,f7 ( p>agraph 7#a74  4     
#cjd4 ,phase ,,iii improvem5ts  7a7     
,procurem5t c5t] repres5tative          
directives  7#a7 ,9 g5]al ,section      
#i7;j77#d7 ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fch7;j77#d77 is am5d$ by    
ins]t+ be=e ! p]iod at ! end ! foll[+3 1
 & advocate = ! maximum practicable use 
& transition ( products1 s]vices1 &     
te*nologies develop$ "u ,,sbir or ,,/tr 
programs to ,phase ,,iii by means (     
,phase ,,iii aw>ds to small bus9ess     
conc]ns4  7#b7 ,modification deadl9e ,n 
lat] ?an #a ye> aft] ! date ( enactm5t (
 ?is ,act1 ! ,adm9i/rator ( ! ,small    
,bus9ess ,adm9i/ration %all modify !    
policy directives issues pursuant to    

subsection 7j7 ( section #i ( ! ,small  
,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;j77 9
 accordance ) p>agraph 7#d7 ( t         
subsection1 z am5d$ by p>agraph 7#a74   
7b7 ,phase ,,iii aw>d simplification    
,section #i7r77#d7 ( ! ,small ,bus9ess  
,act 7#ae ,u4,s4,c4 #fch7r77#d77 is     
am5d$-- 7#a7 9 subp>agraph 7,a71 by     
/rik+ & at ! end2  7#b7 9 subp>agraph   
7,b71 by /rik+ ! p]iod at ! end & ins]t+
 2 &2 &  7#c7 by add+ at ! end ! foll[+3
  7,c7 report to ! ,adm9i/rator on !    
actions tak5 by ! ,f$]al ag5cy or ,f$]al
 prime contractor to develop simplifi$ &
 /&>diz$ proc$ures & model contracts =  
,phase ,i1 ,phase ,,ii1 & ,phase ,,iii  
,,sbir aw>ds2 &  7,d7 issue /&>diz$     
solicitation provisions & contract      
clauses t provide cle> guidance on !    
in=mation t small bus9ess conc]ns       
p>ticipat+ 9 ,,sbir or ,,/tr programs c 
be expect$ to provide z "p ( m>ket      
rese>* or z "p ( a proposal by ^? small 
bus9ess conc]ns to e/abli% eligibility =
 ,phase ,,iii aw>ds4  4  ,,iv ,pilot    

,programs  #dja4 ,ext5d & modify        
assi/ance = adm9i/rative1 ov]sight1 &   
contract process+ co/s  7a7 ,9 g5]al    
,section #i7mm77#a7 ( ! ,small ,bus9ess 
,act 7#ae ,u4,s4,c4 #fch7mm77#a771 z    
am5d$ by section #bjc1 is fur!r am5d$-- 
7#a7 by r$esignat+ subp>agraphs 7,a7    
?r\gh 7,l7 z clauses 7i7 ?r\gh 7xii71   
respectively1 & adju/+ ! m>g9s          
accord+ly2  7#b7 by /rik+ ,subject to   
p>agraph 7#c7 & ins]t+ ! foll[+2  7,a7  
,use ( funds ,subject to subp>agraph    
7,b7 & p>agraph 7#c7  2  7#c7 9         
subp>agraph 7,a71 z s r$esignat$-- 7,a7 
by /rik+ ,septemb] #cj1 #bjbe & ins]t+  
,septemb] #cj1 #bjcj2 &  7,b7 by /rik+  
#c p]c5t & ins]t+ #c4c p]c5t2 &  7#d7 by
 add+ at ! end ! foll[+3  7,b7 ,transf] 
( funds  7i7 ,9 g5]al ,n lat] ?an #fj   
days aft] ! date ( enactm5t ( an ,act   
provid+ appropriations = ! ,dep>tm5t (  
,def5se1 ! ,dep>tm5t ( ,en]gy1 !        
,dep>tm5t ( ,heal? & ,human ,s]vices1 ! 
,national ,a]onautics & ,space          
,adm9i/ration1 or ! ,national ,sci5ce   

,f\ndation1 ! head ( ea* su* entity =   
:i* t ,act provid$ appropriations %all  
transf] n less ?an #aj p]c5t ( ! am\nt (
 ! funds us$ = ! purposes describ$ 9    
clauses 7i7 ?r\gh 7xii7 ( subp>agraph   
7,a7 to ! ,adm9i/rator to increase !    
res\rces ( ! ,adm9i/ration = adm9i/]+ ! 
,,sbir & ,,/tr programs4  7ii7 ,fund use
 limits ,none ( ! funds transf]r$ "u    
clause 7i7 may be us$ = or ) respect to 
any program e/abli%$ "u ! ,small        
,bus9ess ,inve/m5t ,act ( #aieh 7#ae    
,u4,s4,c4 #ffa et seq474  4  7b7        
,increas+ p>ticipation ( und]s]v$       
populations 9 ! ,,sbir & ,,/tr programs 
7#a7 ,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$]al ag5cy p>ticipat+ 9 ! program "u  
?is subsection may use a portion ( !    
funds au?oriz$ = 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$4  4  7#b7 ,con=m+ 
am5dm5t ,section #i7mm77#f7 ( ! ,small  
,bus9ess ,act 7#ae ,u4,s4,c4            
#fch7mm77#f77 is am5d$ by /rik+ includ+ 
& all t foll[s & ins]t+ ! foll[+3       
includ+-- 7,a7 ! use ( funds transf]r$  
"u subp>agraph 7,b7 ( p>agraph 7#a7 = ! 
uses au?oriz$ "u t subp>agraph & to     
a*ieve ! objectives ( p>agraph 7#b72 &  
7,b7 ! use ( o!r funds "u ?is subsection
 to a*ieve ^? objectives4  4  #djb4     
,ext5d & exp& ! direct to ,phase ,,ii   
au?ority ,section #i7;cc7 ( ! ,small    
,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;cc77 
is am5d$-- 7#a7 by /rik+ ,dur+ & ins]t+ 
! foll[+3  7#a7 ,9 g5]al ,dur+  2  7#b7 
9 p>agraph 7#a71 z s designat$-- 7,a7 by
 /rik+ #bjab ?r\gh #bjbe & ins]t+ #bjab 
?r\gh #bjcj2 &  7,b7 by /rik+ !         
,national ,in/itutes ( ,heal?1 !        
,dep>tm5t ( ,def5se1 & ! ,dep>tm5t (    
,education may ea* & ins]t+ ea* ,f$]al  
ag5cy requir$ to c>ry out an ,,sbir     
program may2 &  7#c7 by add+ at ! end ! 

foll[+3  7#b7 ,limitation ,! total value
 ( aw>ds provid$ by a ,f$]al ag5cy "u   
?is subsection 9 a fiscal ye> %all be-- 
7,a7 except z provid$ 9 subp>agraph     
7,b71 n m ?an #aj p]c5t ( ! total funds 
allocat$ to ! ,,sbir program ( ! ,f$]al 
ag5cy dur+ t fiscal ye>2 &  7,b7 )      
respect to ! ,national ,in/itutes (     
,heal?1 n m ?an #ae p]c5t ( ! total     
funds allocat$ to ! ,,sbir program ( !  
,national ,in/itutes ( ,heal? dur+ t    
fiscal ye>4  7#c7 ,report ,ea* head ( a 
,f$]al ag5cy t ex]cises ! au?ority "u   
?is subsection %all include 9 ! next    
report submitt$ by t ,f$]al ag5cy "u    
subsection 7g77#i7 foll[+ t ex]cise (   
au?ority ! numb] & am\nt ( aw>ds provid$
 "u ?is subsection by t ,f$]al ag5cy    
dur+ ! p]iod cov]$ by t report4  4      
#djc4 ,ext5d comm]cialization read9ess  
program = civilian ag5cies ,section     
#i7;gg7 ( ! ,small ,bus9ess ,act 7#ae   
,u4,s4,c4 #fch7;gg77 is am5d$-- 7#a7 9 !
 subsection head+1 by /rik+ ,pilot &    
ins]t+ ,civilian ag5cies                

comm]cialization read9ess2  7#b7 by     
/rik+ pilot program ea* place t t]m     
appe>s & ins]t+ cov]$ program2 &  7#c7 9
 p>agraph 7#g71 by /rik+ fiscal ye>     
#bjbe & ins]t+ fiscal ye> #bjcj4  #djd4 
,ext5sion ( c]ta9 ,,sbir & ,,/tr pilot  
programs  7a7 ,phase #j pro( ( concept  
p>tn]%ip program ,section #i7;jj77#g7 ( 
! ,small ,bus9ess ,act 7#ae ,u4,s4,c4   
#fch7;jj77#g77 is am5d$ by /rik+ at !   
end ( fiscal ye> #bjbe & ins]t+ on      
,septemb] #cj1 #bjcj4  7b7              
,comm]cialization assi/ance pilot       
programs ,section #i7uu77#c7 ( ! ,small 
,bus9ess ,act 7#ae ,u4,s4,c4            
#fch7uu77#c77 is am5d$ by /rik+         
,septemb] #cj1 #bjbe & ins]t+ ,septemb] 
#cj1 #bjcj4  #dje4 ,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  ,v ,ov]sight &             
simplification initiatives  #eja4       

,annual reports to congress ,section #i 
( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 
#fch7 is am5d$-- 7#a7 9 subsection 7g7--
 7,a7 9 p>agraph 7#i7-- 7i7 by ins]t+ ! 
,committee on ,small ,bus9ess &         
,entrepr5eur%ip ( ! ,s5ate1 ! ,committee
 on ,small ,bus9ess ( ! ,h\se (         
,repres5tatives1 aft] ,,sbir program to2
  7ii7 by ins]t+ a comma aft]           
,adm9i/ration2 &  7iii7 by ins]t+ aft]  
,te*nology ,policy ! foll[+3 & publi% t 
report on ! website ( t ,f$]al ag5cy z  
soon z practicable2 &  7,b7 9 p>agraph  
7#aj71 by /rik+ applicable711 & ins]t+  
applicable712  7#b7 9 subsection 7o7--  
7,a7 9 p>agraph 7#h71 by /rik+          
applicable711 & ins]t+ applicable712 &  
7,b7 9 p>agraph 7#aj7-- 7i7 by ins]t+ ! 
,committee on ,small ,bus9ess &         
,entrepr5eur%ip ( ! ,s5ate1 ! ,committee
 on ,small ,bus9ess ( ! ,h\se (         
,repres5tatives1 aft] ,,/tr program to2 
7ii7 by ins]t+ a comma aft]             
,adm9i/ration2 &  7iii7 by ins]t+ aft]  
,te*nology ,policy ! foll[+3 & publi% t 

report on ! website ( t ,f$]al ag5cy z  
soon z practicable2 &  7#c7 9 subsection
 7gg77#f71 by ins]t+ ,congress & aft]   
ag5cy to4  #ejb4 ,comptroll] g5]al      
report on div]sification &              
comm]cialization  7a7 ,def9itions ,9 ?is
 section3 7#a7 ,f$]al ag5cy2 ,,sbir2    
,,/tr ,! t]ms ,f$]al ag5cy1 ,,sbir1 &   
,,/tr h ! mean+s giv5 ^? t]ms 9 section 
#i7;e7 ( ! ,small ,bus9ess ,act 7#ae    
,u4,s4,c4 #fch7;e774  7#b7 ,new entrant 
,! t]m new entrant means a small bus9ess
 conc]n t has n previ\sly receiv$ an    
,,sbir or ,,/tr aw>d4  7#c7             
,und]repres5t$ gr\ps ,! t]m             
und]repres5t$ gr\ps means small bus9ess 
conc]ns locat$ 9 ,/ates ) respect to :i*
 a l[ level ( ,,sbir & ,,/tr aw>ds h    
hi/orically be5 aw>d$1 small bus9ess    
conc]ns own$ & controll$ by wom51 &     
small bus9ess conc]ns own$ & controll$  
by socially & economically disadvantag$ 
individuals4  7#d7 ,p>ticipat+ ag5cy ,! 
t]m p>ticipat+ ag5cy means a ,f$]al     
ag5cy c>ry+ out an ,,sbir or ,,/tr      

program "u section #i ( ! ,small        
,bus9ess ,act 7#ae ,u4,s4,c4 #fch74     
7#e7 ,small bus9ess conc]n ,! t]m small 
bus9ess conc]n has ! mean+ giv5 ! t]m 9 
section #c ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fcb74  7#f7 ,small bus9ess  
conc]n own$ & controll$ by socially &   
economically disadvantag$ individuals2  
small bus9ess conc]n own$ & controll$ by
 wom5 ,! t]ms small bus9ess conc]n own$ 
& controll$ by socially & economically  
disadvantag$ individuals & small bus9ess
 conc]n own$ & controll$ by wom5 h !    
mean+s giv5 ^? t]ms 9 section #h7;d7 ( !
 ,small ,bus9ess ,act 7#ae ,u4,s4,c4    
#fcg7;d774  7b7 ,report ,n lat] ?an #c  
ye>s aft] ! date ( enactm5t ( ?is ,act1 
! ,comptroll] ,g5]al ( ! ,unit$ ,/ates  
%all submit to ! ,committee on ,small   
,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & 
! ,committee on ,small ,bus9ess ( !     
,h\se ( ,repres5tatives a report on !   
effectiv5ess ( ! ,,sbir & ,,/tr programs
 ) respect to div]sification (          
p>ticipants & comm]cialization4  7c7    

,cont5ts ,! report %all include1 to !   
ext5t practicable1 an assessm5t (-- 7#a7
 ! demographics ( small bus9ess conc]ns 
receiv+ ,,sbir or ,,/tr aw>ds1 includ+  
new entrants & und]repres5t$ gr\ps2     
7#b7 ! ef=ts ( p>ticipat+ ag5cies to    
broad5 repres5tation & p>ticipation (   
new entrants & und]repres5t$ gr\ps 9 !  
,,sbir & ,,/tr programs2  7#c7 h[       
p>ticipat+ ag5cies develop solicitation 
topics & attract applicants2  7#d7 !    
ef=ts ( p>ticipat+ ag5cies to support   
te*nology comm]cialization2  7#e7 !     
ext5t to :i* ! ,,sbir & ,,/tr aw>ds made
 by ea* p>ticipat+ ag5cy align ) !      
rese>* priorities & te*nology ne$s ( t  
p>ticipat+ ag5cy2 &  7#f7 su* o!r matt]s
 z ! ,comptroll] ,g5]al1 9 consultation 
) ! ,committee on ,small ,bus9ess &     
,entrepr5eur%ip ( ! ,s5ate & !          
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives1 det]m9es appropriate4
  #ejc4 ,ext5d ! report on aw>d         
timel9ess ,section #i7;ii77#b77;,a7 ( ! 
,small ,bus9ess ,act 7#ae ,u4,s4,c4     

#fch7;ii77#b77;,a77 is am5d$-- 7#a7 9 ! 
matt] prec$+ clause 7i71 by /rik+ #c    
ye>s & ins]t+ #aa ye>s2  7#b7 9 clause  
7i71 by /rik+ & at ! end2  7#c7 by      
r$esignat+ clause 7ii7 z clause 7iii72 &
  7#d7 by ins]t+ aft] clause 7i7 !      
foll[+3  7ii7 provides ! av]age & m$ian 
am\nt ( "t t ea* ,f$]al ag5cy ) an      
,,sbir or ,,/tr program takes to review 
& make a f9al decision on proposals     
submitt$ "u ! program2 &  4  #ejd4      
,pilot program to accel]ate national    
in/itutes ( heal? evaluation process    
7a7 ,9 g5]al ,section #i7;hh7 ( ! ,small
 ,bus9ess ,act 7#ae ,u4,s4,c4 #fch7;hh77
 is am5d$ by add+ at ! end ! foll[+3    
7#c7 ,pilot program to accel]ate !      
,national ,in/itutes ( ,heal? ,,sbir &  
,,/tr aw>ds  7,a7 ,9 g5]al ,n lat] ?an  
#a ye> aft] ! date ( enactm5t ( ?is     
p>agraph1 ! ,director ( ! ,national     
,in/itutes ( ,heal? %all e/abli% a pilot
 program to r$uce ! "t = aw>ds "u !     
,,sbir & ,,/tr programs ( ! ,national   
,in/itutes ( ,heal?4  7,b7 ,aw>d        

proc$ures ,9 c>ry+ out ! pilot program  
"u subp>agraph 7,a71 ! ,director ( !    
,national ,in/itutes ( ,heal? %all      
develop simplifi$ & /&>diz$ proc$ures   
across all relevant aw>d+ (fices at !   
,national ,in/itutes ( ,heal? & r$uce ! 
am\nt ( "t betwe5 ! provision ( notice (
 ^? aw>ds & ! subsequ5t release ( fund+ 
) respect to ! aw>ds to be z close to   
#ij days z possible4  7,c7 ,m]it review 
7i7 ,9 g5]al ,"u ! pilot program "u     
subp>agraph 7,a71 ! ,director ( !       
,national ,in/itutes ( ,heal? may1 )    
respect to aw>ds "u ! ,,sbir & ,,/tr    
programs ( ! ,national ,in/itutes (     
,heal?1 use su* pe] review proc$ures    
7includ+ consultation ) appropriate     
sci5tific exp]ts7 z ! ,director det]m9es
 to be appropriate to obta9 assessm5ts (
 sci5tific & te*nical m]it & pot5tial = 
comm]cialization4  7ii7 ,deem$ ,! use ( 
pe] review proc$ures "u clause 7i7 %all 
be deem$ to fulfill any requirem5ts     
applicable to ! aw>d "u ! ,,sbir or     
,,/tr program ( ! ,national ,in/itutes (

 ,heal? "u sections #djf7;a77#c77;,a7 & 
#dib ( ! ,public ,heal? ,s]vice ,act    
7#db ,u4,s4,c4 #bhd;a7a77#c77;,a71      
#bhi;a74  7,d7 ,t]m9ation ,! pilot      
program "u subp>agraph 7,a7 %all t]m9ate
 on ,septemb] #cj1 #bjcj4  4  7b7       
,evaluation report ,n lat] ?an #c ye>s  
aft] ! date ( enactm5t ( ?is ,act1 !    
,director ( ! ,national ,in/itutes (    
,heal? %all submit to ! ,committee on   
,small ,bus9ess & ,entrepr5eur%ip ( !   
,s5ate & ! ,committee on ,small ,bus9ess
 & ! ,committee on ,sci5ce1 ,space1 &   
,te*nology ( ! ,h\se ( ,repres5tatives  
an evaluation ( ! pilot program e/abli%$
 "u p>agraph 7#c7 ( section #i7;hh7 ( ! 
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fch7;hh771 z add$ by subsection 7a71   
includ+ an analysis ( ! pe] review      
proc$ures us$ "u subp>agraph 7,c7 ( t   
p>agraph & ! effects on aw>d times4     
#eje4 ,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$]al2 & 
7#b7 by add+ at ! end ! foll[+3  7#h7   
,p>ticipation limits  7,a7 ,def9itions  
,9 ?is p>agraph3 7i7 ,cov]$ =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 t 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 ( 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 t
 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 ( title #ah1 ,unit$ ,/ates    
,code2  7cc7 *apt] #ij ( title #ah1     

,unit$ ,/ates ,code 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  7,b7 ,own]%ip by a cov]$
 =eign entity ,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,c7 ,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,d7    
,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  4 
7b7 ,applicability ,! am5dm5ts made by  
subsection 7a7 %all apply only ) respect
 to aw>ds made "u a ,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  #ejf4             
,comm]cialization impact assessm5t      
,section #i ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fch71 z am5d$ by section
 #cjc1 is am5d$ by add+ at ! end !      
foll[+3  7ccc7 ,comm]cialization impact 
assessm5t  7#a7 ,9 g5]al ,! ,adm9i/rator

 %all coord9ate ) ! head ( ea* ,f$]al   
ag5cy ) an ,,sbir or ,,/tr program to   
develop an annual comm]cialization      
impact assessm5t1 :i* %all measure1 =   
ea* small bus9ess conc]n t has receiv$ n
 less ?an #ej ,phase ,,ii aw>ds on or   
aft] ,octob] #a ( ! n9? full fiscal ye> 
beg9n+ be=e ! fiscal ye> 9 :i* !        
assessm5t is c>ri$ out-- 7,a7 ! total   
doll> value ( ,f$]al aw>ds1 subgrants1  
contracts1 & subcontracts1 o!r ?an      
,,sbir or ,,/tr aw>ds1 receiv$ by !     
small bus9ess conc]n 9 ! prec$+ #i      
fiscal ye>s2  7,b7 ! total doll> value (
 all ,,sbir & ,,/tr ,phase ,i & ,phase  
,,ii aw>ds receiv$ by ! small bus9ess   
conc]n 9 ! prec$+ #i fiscal ye>s2  7,c7 
! av]age annual gross rev5ue ( ! small  
bus9ess conc]n ov] ! prec$+ #i fiscal   
ye>s2  7,d7 ! total rev5ue ( ! small    
bus9ess conc]n receiv$ or realiz$ 9 !   
prec$+ #i fiscal ye>s f ! sale or lic5s+
 ( any product or s]vice result+ f      
rese>* conduct$ "u an ,,sbir or ,,/tr   
aw>d1 :i* %all be disaggregat$ by !     

rev5ue f ^? sales & ! rev5ue f t lic5s+2
  7,e7 additional inve/m5ts 9 ! small   
bus9ess conc]n f any s\rce1 o!r ?an     
,phase ,i or ,phase ,,ii ,,sbir or ,,/tr
 aw>ds1 to fur!r ! rese>* & developm5t  
conduct$ "u an ,,sbir or ,,/tr aw>d     
receiv$ by ! small bus9ess conc]n 9 !   
prec$+ #i fiscal ye>s2  7,f7 any m]g]s &
 acquisitions ( ,,sbir or ,,/tr aw>d    
recipi5ts dur+ or aft] ! completion ( a 
,phase ,,ii aw>d2  7,g7 new1 unique     
sp9-out companies & ?ird p>ty rev5ues f 
any bus9esses 9 ! prec$+ #i fiscal ye>s 
result+ f rese>* conduct$ by ! small    
bus9ess conc]n "u an ,,sbir or ,,/tr    
aw>d2  7,h7 ! ye> 9 :i* ! fir/ ,phase   
,,ii aw>d 0 receiv$ by ! small bus9ess  
conc]n & ! total numb] ( employees ( !  
small bus9ess conc]n at ! "t ( ! fir/   
,phase ,,ii aw>d2  7,i7 ! numb] (       
employees1 z ( ! end ( ! mo/ rec5tly    
complet$ fiscal ye>2 &  7,j7 ! total    
numb] & value ( ,phase ,,iii aw>ds      
receiv$ by ! small bus9ess conc]n4  7#b7
 ,publication ,! ,adm9i/rator %all      

create a report on ! f9d+s ( ea*        
comm]cialization impact assessm5t &     
%all-- 7,a7 include t report 9 ! annual 
report requir$ "u subsection 7b77#g72 & 
7,b7 submit t report to-- 7i7 !         
,committee on ,small ,bus9ess &         
,entrepr5eur%ip ( ! ,s5ate2 &  7ii7 !   
,committee on ,sci5ce1 ,space1 &        
,te*nology & ! ,committee on ,small     
,bus9ess ( ! ,h\se ( ,repres5tatives4  4
  ,,vi ,te*nical *anges  #fja4          
,inclusion ( ,s,b,i,cs 9 ! ,,sbir &     
,,/tr programs ,section #i ( ! ,small   
,bus9ess ,act 7#ae ,u4,s4,c4 #fch71 z   
am5d$ by section #eje1 is am5d$-- 7#a7  
by /rik+ or private equity firm inve/m5t
 ea* place t t]m appe>s & ins]t+ private
 equity firm1 or ,,sbic inve/m5t2  7#b7 
by /rik+ or private equity firms ea*    
place t t]m appe>s & ins]t+ private     
equity firms1 or ,s,b,i,cs2  7#c7 9     
subsection 7e7-- 7,a7 9 p>agraph 7#ah71 
by /rik+ & at ! end2  7,b7 9 p>agraph   
7#ai71 by /rik+ ! p]iod at ! end &      
ins]t+ 2 &2 &  7,c7 by add+ at ! end !  

foll[+3  7#bj7 ! t]m ,,sbic means a     
small bus9ess inve/m5t company z def9$ 9
 section #ajc ( ! ,small ,bus9ess       
,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4   
#ffb74  2 &  7#d7 9 ! head+ = subsection
 7dd71 by /rik+ or ,private ,equity     
,firms & ins]t+ ,private ,equity ,firms1
 or ,s,b,i,cs4  #fjb4 ,phase ,,iii &    
sole-s\rce aw>ds ,section #i7r7 ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fch7 is am5d$-- 7#a7 9 ! head+1 by     
ins]t+ ,sole ,s\rce & ,o!r aft]         
,ju/ification =2 &  7#b7 9 ! head+ =    
p>agraph 7#d71 by ins]t+ sole s\rce &   
o!r aft] ju/ification =4