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HR 4213 IH

To amend the Small Business Act to provide for an increase in the amount of awards under the first and second phases of the Small Business Innovation Research program.

November 15, 2007

Mr. CRAMER introduced the following bill; which was referred to the Committee on Small Business, and in addition to the Committee on Science 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

To amend the Small Business Act to provide for an increase in the amount of awards under the first and second phases of the Small Business Innovation Research program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. INCREASE IN AMOUNT OF AWARDS UNDER SBIR PROGRAM.

(a) Increase Required- Section 9(j) of the Small Business Act (15 U.S.C. 638(j)) is amended--

(1) in paragraph (2)--

(A) by striking subparagraph (D) and redesignating subparagraphs (E) through (I) as subparagraphs (D) through (H), respectively; and

(B) in subparagraph (H), as so redesignated, by striking `subparagraph (H)' and inserting `subparagraph (G)'; and

(2) by adding at the end the following new paragraph:

`(4) Amount of Awards- The program directives issued pursuant to this subsection shall provide that an agency may award an amount of not more than $149,000 in the first phase of an SBIR program and an amount of not more than $1,115,000 in the second phase of an SBIR program. Such amounts shall be adjusted once every 5 years to reflect economic adjustments and programmatic considerations.'.

(b) Effective Date- The amendments made by subsection (a) shall take effect on the date that is 90 days after the date of the enactment of this Act.