Sec. 305. Annual GAO audit of compliance with commercialization goals
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Section 9(nn) of the Small Business Act ( 15 U.S.C. 638(nn) ) is amended to read as follows: Not later than 1 year after the date of enactment of the SBIR and STTR Reauthorization and Improvement Act of 2016 , and every year thereafter until the date that is 5 years after the date of enactment of the SBIR and STTR Reauthorization and Improvement Act of 2016 , the Comptroller General of the United States shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report that— discusses the status of the compliance of Federal agencies with the requirements or authorities established under— subsection (h), relating to the establishment by certain Federal agencies of a goal for funding agreements for research and research and development with small business concerns; subsection (y)(5)(A), relating to the requirement for the Department of Defense to establish goals for the transition of Phase III technologies in subcontracting plans; subsection (y)(5)(B), relating to the requirement for the Department of Defense to establish procedures for a prime contractor to report the number and dollar amount of contracts with small business concerns for Phase III SBIR projects or STTR projects of the prime contractor; and subsection (y)(6), relating to the requirement for the Department of Defense to set a goal to increase the number of Phase II SBIR and STTR contracts that transition into programs of record or fielded systems; includes, for a Federal agency that is in compliance with a requirement described under paragraph (1), a description of how the Federal agency achieved compliance; and includes a list, organized by Federal agency, of small business concerns that have asserted that— technology of the small business concern was stolen by the Government or a prime contractor; or the Federal agency solicited bids for a contract that was for work that derived from, extended, or completed efforts made under prior funding agreements under the SBIR program or STTR program. .
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Sec. 305
Annual GAO audit of compliance with commercialization goals
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