Legal Questions Related to Implementation of the Small Business Innovation Development Act of 1982
Highlights
This document discusses questions regarding the assessment of the implementation of the Small Business Innovation Development Act of 1982, Pub. L. No. 97-219, 96 Stat. 217, which amended section 9 of the Small Business Act, 15 U.S.C. 638 Code 005707. The Act establishes a Small Business Innovation Research (SBIR) program modeled after one established by the National Science Foundation. Agencies with extramural research or research and development (R&D) budgets over $100 million a year are required to reallocate a percentage of these budgets to fund the SBIR programs. Additionally, there is a separate requirement for agencies with budgets for research or R&D of over $20 million a year. They must establish goals for small business awards based on the preceding year's awards to small business. Questions include issues pertaining to the budget figures, agencies pooling funds into a common account, provisions in the legislation, and authorization of the SBA to promulgate regulations for goaling as well as for SBIR programs.