To extend the SBIR and STTR programs, and for other purposes.
Summary
H.R. 5100 aims to extend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through fiscal year 2026. These programs provide funding for small businesses to conduct research and development with the potential for commercialization. The bill amends several sections of the Small Business Act to reflect this extension.
Expected Effects
The primary effect of this bill is to ensure the continuation of SBIR and STTR programs, preventing their expiration in 2025. This extension allows small businesses to continue receiving federal support for innovative projects. It also provides stability for agencies and institutions involved in these programs.
Potential Benefits
- Continued funding for small businesses engaged in R&D.
- Promotes innovation and technological advancement.
- Supports job creation within the small business sector.
- Provides opportunities for military research and educational institutions.
- Maintains the Commercialization Readiness Program for Civilian Agencies Pilot Program.
Most Benefited Areas:
Potential Disadvantages
- Potential for increased government spending, although the bill doesn't specify funding increases.
- May not address underlying issues within the SBIR/STTR programs themselves.
- Could create dependency on government funding for some small businesses.
- Limited impact on sectors outside of technology and research.
- No specific provisions for oversight or accountability.
Constitutional Alignment
The bill aligns with the spirit of promoting the general welfare, as stated in the Preamble of the US Constitution. Article I, Section 8 grants Congress the power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States. The extension of these programs falls under Congress's power to support activities that could lead to economic growth and innovation.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).