125 STAT. 221 PUBLIC LAW 112–17—JUNE 1, 2011
Public Law 112–17
112th Congress
An Act
To provide for an additional temporary extension of programs under the Small
Business Act and the Small Business Investment Act of 1958, 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 ‘‘Small Business Additional Tem-
porary Extension Act of 2011’’.
SEC. 2. ADDITIONAL TEMPORARY EXTENSION OF AUTHORIZATION OF
PROGRAMS UNDER THE SMALL BUSINESS ACT AND THE SMALL BUSINESS INVESTMENT ACT OF 1958.
(a) I NGENERAL .—Section 1 of the Act entitled ‘‘An Act to
extend temporarily certain authorities of the Small Business Administration’’, approved October 10, 2006 (Public Law 109–316; 120 Stat. 1742), as most recently amended by section 1 of Public Law 112–1 (125 Stat. 3), is amended—
(1) by striking ‘‘Any’’ and inserting ‘‘Except as provided
in section 3 of the Small Business Additional Temporary Exten-sion Act of 2011, any’’; and
(2) by striking ‘‘May 31, 2011’’ each place it appears and
inserting ‘‘July 31, 2011’’. (b) E
FFECTIVE DATE.—The amendments made by subsection
(a) shall take effect on May 30, 2011.
SEC. 3. EXTENSION OF SBIR AND STTR TERMINATION DATES.
(a) SBIR.—Section 9(m) of the Small Business Act (15 U.S.C.
638(m)) is amended—
(1) by striking ‘‘T ERMINATION .—’’ and all that follows
through ‘‘the authorization’’ and inserting ‘‘T ERMINATION .—The
authorization’’;
(2) by striking ‘‘2008’’ and inserting ‘‘2011’’; and (3) by striking paragraph (2).
(b) STTR.—Section 9(n)(1)(A) of the Small Business Act (15
U.S.C. 638(n)(1)(A)) is amended—
(1) by striking ‘‘I
N GENERAL .—’’ and all that follows through
‘‘with respect’’ and inserting ‘‘I N GENERAL .—With respect’’;
(2) by striking ‘‘2009’’ and inserting ‘‘2011’’; and (3) by striking clause (ii).
(c) C
OMMERCIALIZATION PILOT PROGRAM .—Section 9(y)(6) of the
Small Business Act (15 U.S.C. 638(y)(6)) is amended by striking ‘‘2010’’ and inserting ‘‘2011’’. Small Business
Additional Temporary Extension Act of 2011. 15 USC 631 note. June 1, 2011
[S. 1082]
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LEGISLATIVE HISTORY—S. 1082:
CONGRESSIONAL RECORD, Vol. 157 (2011):
May 26, considered and passed Senate. May 31, considered and passed House. SEC. 4. COMPETITIVE SELECTION PROCEDURES FOR SBIR AND STTR
PROGRAMS.
Section 9 of the Small Business Act (15 U.S.C. 638) is amended
by inserting after subsection (r) the following:
‘‘(s) C OMPETITIVE SELECTION PROCEDURES FOR SBIR AND STTR
PROGRAMS .—All funds awarded, appropriated, or otherwise made
available in accordance with subsection (f) or (n) must be awarded pursuant to competitive and merit-based selection procedures.’’.
Approved June 1, 2011.
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Brief
The Small Business Additional Temporary Extension Act of 2011 extends certain authorities of the Small Business Administration. It amends the Small Business Act and the Small Business Investment Act of 1958, extending program authorizations to July 31, 2011. The act also updates termination dates for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Furthermore, it introduces competitive selection procedures for SBIR and STTR programs.
Highlights content goes here...
Purpose
The Small Business Additional Temporary Extension Act of 2011, Public Law 112-17, is an act that aims to provide a temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958. The purpose of this act is to extend the authorization for these programs beyond their original expiration date, thereby providing additional time for small businesses to access funding and resources.
Key Provisions
The key provisions of this act include:
- Extension of Authorization: Section 2 of the act amends Section 1 of the Act entitled “An Act to extend temporarily certain authorities of the Small Business Administration”, approved October 10, 2006. This amendment extends the authorization for programs under the Small Business Act and the Small Business Investment Act of 1958 from May 31, 2011, to July 31, 2011.
- Extension of SBIR and STTR Termination Dates: Section 3 of the act amends various provisions related to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The amendments extend the termination dates for these programs from 2008 and 2009, respectively, to 2011.
- Competitive Selection Procedures: Section 4 of the act amends the Small Business Act by adding a new subsection that requires all funds awarded or made available under certain programs to be awarded pursuant to competitive and merit-based selection procedures.
Industry Impact
The impact of this act on small businesses is significant, as it provides additional time for them to access funding and resources. The extension of authorization will enable small businesses to continue participating in programs under the Small Business Act and the Small Business Investment Act of 1958, which will help them to grow and develop their businesses.
Additionally, the extension of SBIR and STTR termination dates will allow small businesses to continue participating in these programs, which provide funding for research and development. This will enable small businesses to continue innovating and developing new technologies, which will ultimately benefit the US economy.
Updates/Amendments
The Small Business Additional Temporary Extension Act of 2011 amends various provisions related to small business programs. The amendments made by this act are effective on May 30, 2011.
