
Small Business Innovation and Economic Security Act
Policy Area: Commerce
Sponsor: Sen. Ernst, Joni [R-IA] (R-IA)
Latest Action (2026-04-13): Became Public Law No: 119-83.
Small Business Innovation and Economic Security ActThis bill reauthorizes through FY2031 and modifies the Small Business Innovation Research (SBIR) program, the Small Business Technology Transfer (STTR) program, and related pilot programs. (The SBIR and STTR programs are administered by various federal agencies and provide competitive awards for domestic small businesses to conduct research and development projects that have the potential for commercialization.)Specifically, the bill expands the requirements for federal agencies administering these programs to evaluate the security risks of the small businesses that apply for awards under the programs. If an agency denies an application for security reasons, the agency must provide the small business with the basis for such determination.Further, each agency must set a maximum number of proposals per fiscal year that a small business concern may submit in response to Phase I and Phase II solicitations.The bill expands the training requirements for agencies' contracting officers and acquisition workforce with respect to Phase III (commercialization of technologies) awards under the SBIR and STTR programs.The bill also establishes strategic breakthrough allocations for critical technology areas. These are additional Phase II SBIR and STTR awards to small businesses that demonstrate an effective technology and receive matching funds.
Subjects: Advanced technology and technological innovations, Asia, China, Computer security and identity theft, Computers and information technology, Data collection, sharing, protection, Government lending and loan guarantees, Intellectual property
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S3971 is the Small Business Innovation and Economic Security Act, introduced in the Senate of the 119th U.S. Congress by Sen. Ernst, Joni [R-IA] (R-IA). Small Business Innovation and Economic Security ActThis bill reauthorizes through FY2031 and modifies the Small Business Innovation Research (SBIR) program, the Small Business Technology Transfer (STTR) program, and related pilot programs. (The SBIR and STTR programs are administered by various federal agencies and provide competitive awards for domestic small businesses to conduct research and development projects that have the potential for commercialization.)Specifically, the bill expands the requirements for federal agencies administering these programs to evaluate the security risks of the small businesses that apply for awards under the programs. If an agency denies an application for security reasons, the agency must provide the small business with the basis for such determination.Further, each agency must set a maximum number of proposals per fiscal year that a small business concern may submit in response to Phase I and Phase II solicitations.The bill expands the training requirements for agencies’ contracting officers and acquisition workforce with respect to Phase III (commercialization of technologies) awards under the SBIR and STTR programs.The bill also establishes strategic breakthrough allocations for critical technology areas.
S3971 was sponsored by Sen. Ernst, Joni [R-IA] (R-IA). Cosponsors and roll-call positions are listed on this page.
As of 2026-04-13, S3971 Became Public Law No: 119-83..
S3971 has had 1 roll-call vote on record. The most recent: 2026-03-17 — 2/3 Yea-And-Nay (Passed).
S3971 is categorized under "Commerce." Browse other bills in this area at /topic-commerce/.
Each member’s vote is shown on this page, with party affiliation, state, and the official vote question. Click any member to see their full voting record.