The bill prioritizes Main Street America by:
In addition, the House recently passed a bill that would reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) loan programs, which provide early-stage technology funding for small businesses. Unfortunately, the Senate has not yet taken up this simple, bipartisan reauthorization bill in the midst of the the shutdown, and these programs have now lapsed. I hope they will act soon so small businesses do not remain casualties of the shutdown politics.
Finally, I am pleased that the House’s National Defense Reauthorization Act (NDAA) contains an amendment I championed that will make it easier for small businesses to contract with the Department of Defense. The Senate passed its own version of the NDAA last week, so negotiations are now ongoing to resolve the differences between the House and Senate and produce the final bill. I’m working with my House colleagues to ensure my amendment remains in the final bill.