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SBIR/STTR Reauthorization Act of 2025

Bill Number
S. 1573
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Commerce
Status
Introduced
Latest Action
2025-05-01: Read twice and referred to the Committee on Small Business and Entrepreneurship.
Last Updated
2026-01-21T04:40:20Z

AI-Generated Summary

SBIR/STTR Reauthorization Act of 2025 (S. 1573)

Purpose

This legislation reauthorizes and updates the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs under the Small Business Act. These programs provide federal funding to small businesses for research and development (R&D) to encourage innovation, technology commercialization, and economic growth. The Act extends program authority through fiscal year 2032 and beyond, increases funding levels, enhances participation for underrepresented groups, improves commercialization processes, and introduces safeguards and pilot initiatives.

Key Provisions

The Act is structured into six titles, amending Section 9 of the Small Business Act (15 U.S.C. 638) unless otherwise noted.

Title I: Reauthorization of Programs

Title II: Enhancing Competition

Title III: Commercialization Improvements

Title IV: Pilot Programs

Title V: Oversight and Simplification Initiatives

Title VI: Technical Changes

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Markey, Edward J. [D-MA]

Cosponsors (1)

Sen. Blumenthal, Richard [D-CT]

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