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S. 3971119th CongressSigned into lawLatest action Apr 13, 2026Decoded by AI · checked against the record
Official title: Small Business Innovation and Economic Security Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill extends SBIR and STTR small business research grant programs through September 30, 2031, and adds foreign security screening.
50-second read · 5 questions answered below
This law extends the SBIR and STTR small business research grant programs through September 30, 2031. It adds national security screening requiring agencies to check grant applicants for risky foreign ties, especially to China, and creates a new "strategic breakthrough award" of up to $30 million for businesses showing prior success and outside investment.
Small businesses and startups seeking federal research grants, particularly in technology, defense, and science fields, are directly affected. Federal agencies that administer these programs, including the Defense Department and NASA, must follow new screening and reporting rules.
Agencies will need to conduct more security screening and reporting, and businesses denied funding over security concerns must generally be told why. Taxpayers are affected indirectly since the bill shapes how federal research funding is distributed and monitored.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: the President signed it. It's law.Now law
Latest action: — Became Public Law No: 119-83.