SBIR/STTR Oversight Act
SBIR/STTR Oversight Act
Plain Language Summary
# SBIR/STTR Oversight Act Summary ## What It Does This bill would strengthen oversight and accountability measures for two federal programs that provide grants and contracts to small businesses for research and development: the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program. These programs currently distribute billions of dollars annually to help small companies develop innovative technologies across various industries. ## Who It Affects The bill primarily impacts small businesses that participate in or seek funding from these federal programs, as well as the federal agencies that administer them. It may also indirectly affect the broader small business innovation ecosystem and taxpayers funding these programs. ## Current Status The bill was introduced by Rep.
Morgan McGarvey (D-Kentucky) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House. Without additional information about specific provisions, the exact nature of the proposed oversight changes is unclear from available details.
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.