Sec. 503. Strengthening of the requirement to shorten the application review and decision time
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Section 9 of the Small Business Act ( 15 U.S.C. 638 ) is amended— in subsection (g)(4), by striking subparagraph
(B)and inserting the following: make a final decision on each proposal submitted under the SBIR program— for the Department of Health and Human Services, not later than 1 year after the date on which the applicable solicitation closes, with a goal to reduce the review and decision time to less than 10 months by September 30, 2019; for the Department of Agriculture and the National Science Foundation, not later than 6 months after the date on which the applicable solicitation closes; or for any other Federal agency— not later than 90 days after the date on which the applicable solicitation closes; or if the Administrator authorizes an extension with respect to a solicitation, not later than 90 days after the date that would otherwise be applicable to the Federal agency under subclause (I); ; and in subsection (o)(4), by striking subparagraph
(B)and inserting the following: make a final decision on each proposal submitted under the STTR program— for the Department of Health and Human Services, not later than 1 year after the date on which the applicable solicitation closes, with a goal to reduce the review and decision time to less than 10 months by September 30, 2019; for the Department of Agriculture and the National Science Foundation, not later than 6 months after the date on which the applicable solicitation closes; or for any other Federal agency— not later than 90 days after the date on which the applicable solicitation closes; or if the Administrator authorizes an extension with respect to a solicitation, not later than 90 days after the date that would otherwise be applicable to the Federal agency under subclause (I); .
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Sec. 503
Strengthening of the requirement to shorten the application review and decision time
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