United States · Bill · S
S. 4158 (117th)
Encouraging Small Business Innovation Act
Introduced
5 May 2022
Last action
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Status
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR 2360-2361)
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
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.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 5 May 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 5 May 2022
Introduced in Senate
summary · EN · 5 May 2022
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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