Encouraging Small Business Innovation Act
Latest action · Jan 15, 2019 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 3, 2019
- Passed HouseJan 14, 2019
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Encouraging Small Business Innovation Act
This bill expands and otherwise revises certain requirements for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. Specifically, it includes small business investment companies (SBICs) in such programs.
SBICs are included as a type of investor whose investment must be considered for various purposes under the programs.
The bill requires the Small Business Administration (SBA), when calculating the outstanding leverage of an SBIC, to exclude investments made in SBIR and STTR participants. Under current law, SBICs are subject to a limit on their outstanding leverage.
Finally, the bill (1) encourages participation in the SBA mentor-protege program by past small business SBIR and STTR program participants and (2) sets forth provisions to increase participation of states to which a low level of SBIR awards have historically been awarded.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jan 10, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Adriano Espaillat | Jan 10, 2019 |
Actions 9
Everything that happened, newest first.
- Jan 15, 2019Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jan 14, 2019Considered under suspension of the rules. (consideration: CR H526-528)
- Jan 14, 2019DEBATE - The House proceeded with forty minutes of debate on H.R. 206.
- Jan 14, 2019Motion to reconsider laid on the table Agreed to without objection.
- Jan 14, 2019Ms. Velazquez moved to suspend the rules and pass the bill.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
- Business investment and capital
- Commerce
- Congressional oversight
- Executive agency funding and structure
- Government information and archives
- Minority and disadvantaged businesses
- Performance measurement
- Public contracts and procurement
- Research and development
- Securities
- Small business
- Technology transfer and commercialization
- Women in business
Text 3
Each version as it was printed, newest first.
- Jan 15, 2019Referred in Senate
- Jan 14, 2019Engrossed in House
- Jan 3, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.