[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1003 Introduced in Senate (IS)]
<DOC>
118th CONGRESS
1st Session
S. 1003
To modify the Federal and State Technology Partnership Program of the
Small Business Administration, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
March 28, 2023
Mr. Risch (for himself, Ms. Rosen, Mr. Hoeven, Mr. Crapo, Mrs. Capito,
Ms. Cortez Masto, and Ms. Murkowski) introduced the following bill;
which was read twice and referred to the Committee on Small Business
and Entrepreneurship
_______________________________________________________________________
A BILL
To modify the Federal and State Technology Partnership Program of the
Small Business Administration, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``FAST Fix Act of 2023''.
SEC. 2. FEDERAL AND STATE TECHNOLOGY PARTNERSHIP PROGRAM.
Section 34 of the Small Business Act (15 U.S.C. 657d) is amended--
(1) in subsection (a), by adding at the end the following:
``(11) Underperforming state.--The term `underperforming
State' means a State participating in the SBIR or STTR program
that has been calculated by the Administrator to be one of 18
States receiving the fewest SBIR and STTR Phase I awards.'';
(2) in subsection (c)--
(A) in paragraph (1)--
(i) in subparagraph (E)--
(I) in clause (iii), by striking
``and'' at the end;
(II) in clause (iv), by striking
the period at the end and inserting ``;
and''; and
(III) by adding at the end the
following:
``(v) to prioritize applicants located in
an underperforming State.'';
(B) in paragraph (2)(B)(vi)--
(i) in subclause (II), by striking ``and''
at the end; and
(ii) by adding at the end the following:
``(IV) located in an
underperforming State; and'';
(C) in paragraph (3), by striking ``Not more than
one proposal'' and inserting ``There is no limit on the
number of proposals that''; and
(D) by adding at the end the following:
``(6) Additional assistance for underperforming states.--
Upon application by a recipient that is located in an
underperforming State, the Administrator may--
``(A) provide additional assistance to the
recipient; and
``(B) waive the matching requirements under
subsection (e)(2).'';
(3) in subsection (e)--
(A) in paragraph (2)--
(i) in subparagraph (A)--
(I) by inserting ``and STTR''
before ``first phase'' each place that
term appears;
(II) in clause (i), by striking
``50'' and inserting ``25''; and
(III) in clause (iii), by striking
``75'' and inserting ``50'';
(ii) in subparagraph (D), by striking ``,
beginning with fiscal year 2001'' and inserting
``and make publicly available on the website of
the Administration, beginning with fiscal year
2023''; and
(iii) by adding at the end the following:
``(E) Payment.--The non-Federal share of the cost
of an activity carried out by a recipient may be paid
by the recipient over the course of the period of the
award or cooperative agreement.''; and
(B) by adding at the end the following:
``(4) Amount of award.--In carrying out the FAST program
under this section--
``(A) the Administrator shall make and enter into
awards or cooperative agreements;
``(B) each award or cooperative agreement described
in subparagraph (A) shall be for not more than
$500,000, which shall be provided over 2 fiscal years;
and
``(C) any amounts left unused in the third quarter
of the second fiscal year may be retained by the
Administrator for future FAST program awards.
``(5) Reporting.--Not later than 6 months after receiving
an award or entering into a cooperative agreement under this
section, a recipient shall report to the Administrator--
``(A) the number of awards made under the SBIR or
STTR program;
``(B) the number of applications submitted for the
SBIR or STTR program;
``(C) the number of consulting hours spent;
``(D) the number of training events conducted; and
``(E) any issues encountered in the management and
application of the FAST program.'';
(4) in subsection (f)--
(A) in paragraph (1)--
(i) in the matter preceding subparagraph
(A)--
(I) by striking ``Small Business
Innovation Research Program
Reauthorization Act of 2000'' and
inserting ``FAST Fix Act of 2023''; and
(II) by inserting ``and
Entrepreneurship'' before ``of the
Senate'';
(ii) in subparagraph (B), by striking
``and'' at the end;
(iii) in subparagraph (C), by striking the
period at the end and inserting ``; and''; and
(iv) by adding at the end the following:
``(D) a description of the process used to ensure
that underperforming States are given priority
application status under the FAST program.''; and
(B) in paragraph (2)--
(i) in the paragraph heading, by striking
``Annual'' and inserting ``Biennial'';
(ii) in the matter preceding subparagraph
(A), by striking ``an annual'' and inserting
``a biennial'';
(iii) in subparagraph (B), by striking
``and'' at the end;
(iv) in subparagraph (C), by striking the
period at the end and inserting a semicolon;
and
(v) by adding at the end the following:
``(D) the proportion of awards provided to and
cooperative agreements entered into with
underperforming States; and
``(E) a list of the States that were determined by
the Administrator to be underperforming States, and a
description of any changes in the list compared to
previously submitted reports.'';
(5) in subsection (g)(2)--
(A) by striking ``2004'' and inserting ``2023'';
and
(B) by inserting ``and Entrepreneurship'' before
``of the Senate''; and
(6) in subsection (h)(1), by striking ``$10,000,000 for
each of fiscal years 2001 through 2005'' and inserting
``$20,000,000 for every 2 fiscal years between fiscal years
2023 through 2027, to be obligated before the end of the second
fiscal year''.
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