SBIR/STTR Foreign Interference Safeguard Act
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4775 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4775 To ensure small business concerns indirectly owned or controlled by certain foreign entities are ineligible to receive SBIR or STTR awards, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 25, 2025 Mr. Tran (for himself and Mr. Bacon) introduced the following bill; which was referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To ensure small business concerns indirectly owned or controlled by certain foreign entities are ineligible to receive SBIR or STTR awards, 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 ``SBIR/STTR Foreign Interference Safeguard Act''. SEC. 2. EXTENSION OF DUE DILIGENCE PROGRAM TO ASSESS SECURITY RISKS. Section 9(vv)(3)(C) of the Small Business Act (15 U.S.C. 638(vv)(3)(C)) is amended by striking ``September 30, 2025'' and inserting ``September 30, 2030''. SEC. 3. CODIFYING SAFEGUARDS FOR SMALL BUSINESS CONCERNS MAJORITY-OWNED BY VENTURE CAPITAL OPERATING COMPANIES, HEDGE FUNDS, OR PRIVATE EQUITY FIRMS. (a) In General.--Section 9(dd) of the Small Business Act (15 U.S.C. 638(dd)) is amended-- (1) in paragraph (6)(B), by striking ``If a Federal'' and inserting ``Except as provided in paragraph (8), if a Federal''; and (2) by adding at the end the following new paragraph: ``(8) Participation limits.-- ``(A) In general.--A small business concern that is majority-o
Commerce
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