SBIR Commercialization Improvement Act
SBIR Commercialization Improvement Act
Plain Language Summary
# SBIR Commercialization Improvement Act Summary The SBIR Commercialization Improvement Act (HR 4842) aims to strengthen the Small Business Innovation Research (SBIR) program, a federal initiative that funds innovative research and development projects at small businesses. While specific details aren't provided in the available information, bills with this title typically focus on helping small companies better commercialize—or bring to market—technologies and products developed through government-funded research grants. The legislation would likely affect small business owners, research institutions, and federal agencies involved in the SBIR program. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet advanced to a full vote in the House of Representatives.
As such, it has not become law. For the most current information about the bill's specific provisions and any recent developments, the official Congress.gov website would provide detailed language and updates.
Latest Action
Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.