Acknowledging that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy's security and supporting efforts to close related loopholes.
- Last Action
- 3/13/2019
Actions
- 2019-01-15Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 2019-01-14Motion to reconsider laid on the table Agreed to without objection.
- 2019-01-14On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H526)
- 2019-01-14Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H526)
- 2019-01-14DEBATE - The House proceeded with forty minutes of debate on H.R. 206.
- 2019-01-14Considered under suspension of the rules. (consideration: CR H526-528)
- 2019-01-14Ms. Velazquez moved to suspend the rules and pass the bill.
- 2019-01-03Referred 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.
- 2019-01-03Referred 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.
- 2019-01-03Introduced in House
- 2019-01-03Introduced in House
CRS Summary
As of 2019-01-14 (53)
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)
- Adriano Espaillat (D-NY)
Subjects
- Business investment and capital
- 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
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.