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H.R. 2763, Small Business Innovation Research and Small Business Technology Transfer Improvements Act of 2017 1 (September 7, 2017)

handle is hein.congrec/cbo3786 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE U COST ESTIMATE September 7, 2017 H.R. 2763 Small Business Innovation Research and Small Business Technology Transfer Improvements Act of 2017 As ordered reported by the House Committee on Small Business on June 15, 2017 H.R. 2763 would make several changes to the operations of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Based on an analysis of information from the Small Business Administration (SBA) and participating agencies, CBO estimates that implementing the bill would cost $24 million over the 2018-2022 period; such spending would be subject to the availability of appropriated funds. Under current law, the SBIR program requires federal agencies with extramural budgets for research and development (R&D) that exceed $100 million per year to set aside 3.2 percent of that budget for contracts with small businesses. (Extramural budgets consist of expenditures for activities not performed by agency employees.) Likewise, the STTR program requires federal agencies with extramural budgets for R&D that exceed $1 billion per year to set aside 0.45 percent of that budget for cooperative research between small businesses and a federal laboratory or nonprofit research institution. Eleven agencies currently participate in at least one of those programs. Under current law, a pilot program authorizes participating agencies to use up to 3 percent of the R&D amounts set aside for the SBIR program to cover the costs of certain authorized activities in administrating the SBIR and STTR programs rather than paying those costs from general operating funds. That authorization will expire at the end of fiscal year 2017. H.R. 2763 would extend that pilot program through fiscal year 2022. Because the pilot program would not affect the underlying costs of administering the SBIR or STTR programs, CBO estimates that extending the pilot program would have no budgetary effect. H.R. 2763 also would require participating agencies to create a new pilot program to allocate up to 5 percent of their SBIR funding for awards to move technologies toward commercialization if the SBA determines that agencies do not already operate a similar program. The Government Accountability Office (GAO) would be required to develop a report on the results of the program after three years and recommendations for improvements. Based on an analysis of information from the SBA and several participating

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