Sec. 5126. SHORTENED PERIOD FOR FINAL DECISIONS ON PROPOSALS AND APPLICATIONS
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## SEC. 5126 SHORTENED PERIOD FOR FINAL DECISIONS ON PROPOSALS AND APPLICATIONS ###
(a)In General Section 9 of the Small Business Act (15 U.S.C. 638), as amended by this title, is further amended— ####
(1)in subsection (g)(4)— #####
(A)by inserting “(A)” after “(4)”; #####
(B)by adding “and” after the semicolon at the end; and #####
(C)by adding at the end the following: > > ##### “(B) > > make a final decision on each proposal submitted under the SBIR program— > > > ###### “(i) > > not later than 1 year after the date on which the applicable solicitation closes, if with respect to the National Institutes of Health or the National Science Foundation, or 90 days after the date on which the applicable solicitation closes, if with respect to any other participating agency; or > > > ###### “(ii) > > 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 agency under clause (i);” > ; and ####
(2)in subsection (o)(4)— #####
(A)by inserting “(A)” after “(4)”; #####
(B)by adding “and” after the semicolon at the end; and #####
(C)by adding at the end the following: > > ##### “(B) > > make a final decision on each proposal submitted under the STTR program— > > > ###### “(i) > > not later than 1 year after the date on which the applicable solicitation closes, if with respect to the National Institutes of Health or the National Science Foundation, or 90 days after the date on which the applicable solicitation closes, if with respect to any other participating agency; or > > > ###### “(ii) > > if the Administrator authorizes an extension for a solicitation, not later than 90 days after the date that would be applicable to the agency under clause (i);” > . ###
(b)Other Timing Provisions Section 9 of the Small Business Act (15 U.S.C. 638), as amended by this title, is further amended by adding at the end the following: > > ###### “(hh) Timing of Release of Funding > > Federal agencies participating in the SBIR program or STTR program shall, to the extent possible, attempt to shorten the amount of time between the provision of notice of an award under the SBIR program or STTR program and the subsequent release of funding with respect to the award. > > > ###### “(ii) Reporting on Timing > > Federal agencies participating in the SBIR program or STTR program shall provide to the Administrator, for the annual report on the SBIR and STTR program under subsection (b)(7), the average amount of time the agency takes to make a final decision on proposals submitted under such programs, the average amount of time the agency takes to release funding with respect to an award under such programs, and the goals established to reduce such amounts.” > .
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Sec. 5126
SHORTENED PERIOD FOR FINAL DECISIONS ON PROPOSALS AND APPLICATIONS
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