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Increased Transparency and Efficiency for Small Business Support Programs

This Act aims to enhance transparency and efficiency in the SBIR and STTR programs, which support small businesses in developing innovative technologies. With new reporting requirements and a pilot program at NIH, citizens can expect faster implementation of innovations and better use of public funds, potentially leading to new products and services available in the market.
Key points
Increased Transparency: Federal agencies will be required to publish annual reports on SBIR and STTR programs on their websites, making it easier for citizens to access information on how taxpayer money is spent.
Support for Diversity: A Comptroller General report will assess how programs support small businesses owned by women, minorities, and those from historically underrepresented regions, potentially leading to more equitable access to funding.
Faster Decisions: The National Institutes of Health (NIH) will launch a pilot program to accelerate the award process for SBIR and STTR programs, meaning innovative medical projects could receive funding and be implemented more quickly.
Extended Monitoring: The reporting period for award timeliness will be extended from 3 to 11 years, ensuring long-term oversight of agency efficiency in supporting small businesses.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5001
Sponsor: Rep. McGarvey, Morgan [D-KY-3]
Process start date: 2025-08-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SBIR/STTR Oversight Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5001.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-08-19.

What are the main provisions?

Key points include:

  • Increased Transparency: Federal agencies will be required to publish annual reports on SBIR and STTR programs on their websites, making it easier for citizens to access information on how taxpayer money is spent.
  • Support for Diversity: A Comptroller General report will assess how programs support small businesses owned by women, minorities, and those from historically underrepresented regions, potentially leading to more equitable access to funding.
  • Faster Decisions: The National Institutes of Health (NIH) will launch a pilot program to accelerate the award process for SBIR and STTR programs, meaning innovative medical projects could receive funding and be implemented more quickly.
  • Extended Monitoring: The reporting period for award timeliness will be extended from 3 to 11 years, ensuring long-term oversight of agency efficiency in supporting small businesses.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McGarvey, Morgan [D-KY-3].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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