S. 4158 (117th)

Encouraging Small Business Innovation Act

referredUnited States· United States Congress· EN

Introduced

5 May 2022

Last action

5 May 2022 · Introduced

Status

Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR 2360-2361)

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 sets forth provisions to increase participation of states to which a low level of SBIR awards have historically been awarded.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

5 May 2022
Introduced
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR 2360-2361)
Source: IntroReferral
5 May 2022
Introduced
Introduced in Senate
Source: IntroReferral

Votes

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Versions

Introduced in Senate · 5 May 2022 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 5 May 2022
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Introduced in Senate (PDF)
Introduced in Senate · EN · 5 May 2022
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Introduced in Senate
summary · EN · 5 May 2022
Open at official source
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Related records

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Sources

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Official source: https://www.congress.gov/bill/117th-congress/senate-bill/4158
Open data entity: https://api.congress.gov/v3/bill/117/s/4158
us · 117-s-4158 · source updated 7 April 2025