ABSTRACT

Congressional Budget Office Cost Estimate: S. 493, SBIR/STTR Reauthorization Act of 2011   [open pdf - 28KB]

From the Summary: "S. 493 [SBIR/STTR (Small Business Innovation Research/Small Business Technology Transfer) Reauthorization Act of 2011] would extend and expand programs that require certain federal agencies to set aside portions of their research and development budgets for small businesses. The bill would require participating agencies to collect and report information about program participants that would be used both for program evaluation and for business development. S. 493 also would authorize the Government Accountability Office (GAO) and the National Academy of Sciences (NAS) to study the operation and effectiveness of the programs. Based on information from the Small Business Administration (SBA) and other participating agencies, CBO [Congressional Budget Office] estimates that implementing S. 493 would cost $150 million over the 2012-2016 period, subject to appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues."

Publisher:
Date:
2011-03-11
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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