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S. 2136, Improving Small Business Innovative Research and Technologies Act of 2015 1 (July 15, 2016)

handle is hein.congrec/cbo3074 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 15, 2016 S. 2136 Improving Small Business Innovative Research and Technologies Act of 2015 As reported by the Senate Committee on Small Business and Entrepreneurship on December 3, 2015 SUMMARY S. 2136 would authorize grants for 2017 to facilitate collaboration between research institutions and small businesses to help small businesses better compete for awards under the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs. The bill also would authorize agencies to use a portion of the amounts available to them for research and development for the administrative costs of the SBIR and STTR programs. Finally, S. 2136 would authorize appropriations for the Federal and State Technology Partnership program. Based on information from the Small Business Administration (SBA) and agencies that participate in the SBIR and STTR programs, CBO estimates that implementing S. 2136 would cost $23 million over the 2017-2021 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. CBO estimates that enacting S. 2136 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 2136 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 2136 is shown in the following table. The costs of this legislation fall within several budget functions including 370 (commerce), 050 (national defense), 250 (general science, space, and technology), and 550 (health).

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