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Bill115th CongressFiled Mar 15, 2017Commerce
S. 650

Support Small Business R & D Act of 2017

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to senate without amendment (Aug 2, 2017)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Support Small Business R & D Act of 2017

(Sec. 3) This bill requires the Small Business Administration (SBA) to develop partnership agreements to:

  • provide for development of basic training relating to federal income tax credits benefitting small business concerns and startups, especially credits for research and experimentation, and informational materials relating to such credits, including Internal Revenue Service (IRS) guidance documents;
  • provide these basic training and informational materials through electronic resources and at physical locations; and
  • make the materials available to SBA business development programs and business development entities that partner with SBA programs, including universities, nonprofits, business incubators, and business accelerators.

(Sec. 5) The bill amends the Small Business Act to require SBA development centers to provide, in conjunction with the IRS, informational materials, education, and basic training to small business concerns relating to federal income tax credits, including credits available to: (1) businesses generally; and (2) small business concerns and startups specifically, especially credits for research and experimentation. Such materials, education, and basic training may be delivered in person or through an Internet website.

What just happenedAug 2, 2017

Placed on Senate Legislative Calendar under General Orders. Calendar No. 195.

Who’s behind it

Sen. Coons, Christopher A. [D-DE](D-DE)Sponsor
1 cosponsor1 R
Read on Congress.gov
1cosponsors1committees6actions1related bills6subjects
  1. Aug 2, 2017Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 195.

  2. Aug 2, 2017Committee

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.

    Small Business and Entrepreneurship Committee
  3. Aug 2, 2017Committee14000

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.

    Small Business and Entrepreneurship Committee
  4. Aug 2, 2017Committee

    Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

    Small Business and Entrepreneurship Committee
  5. Mar 15, 2017IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  6. Mar 15, 2017IntroReferral10000

    Introduced in Senate

Reported to Senate without amendmentAug 2, 201780

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Support Small Business R & D Act of 2017

(Sec. 3) This bill requires the Small Business Administration (SBA) to develop partnership agreements to:

  • provide for development of basic training relating to federal income tax credits benefitting small business concerns and startups, especially credits for research and experimentation, and informational materials relating to such credits, including Internal Revenue Service (IRS) guidance documents;
  • provide these basic training and informational materials through electronic resources and at physical locations; and
  • make the materials available to SBA business development programs and business development entities that partner with SBA programs, including universities, nonprofits, business incubators, and business accelerators.

(Sec. 5) The bill amends the Small Business Act to require SBA development centers to provide, in conjunction with the IRS, informational materials, education, and basic training to small business concerns relating to federal income tax credits, including credits available to: (1) businesses generally; and (2) small business concerns and startups specifically, especially credits for research and experimentation. Such materials, education, and basic training may be delivered in person or through an Internet website.

Introduced in SenateMar 15, 2017

Support Small Business R & D Act of 2017

This bill requires the Small Business Administration (SBA), in consultation with the Internal Revenue Service (IRS), to develop partnership agreements to:

  • provide for development of basic training relating to federal income tax credits benefitting small business concerns and startups, especially credits for research and experimentation, and informational materials relating to such credits, including IRS guidance documents;
  • provide these basic training and informational materials through electronic resources and at physical locations; and
  • make the materials available to SBA business development programs and business development entities that partner with SBA programs, including universities, nonprofits, business incubators, and business accelerators.

The bill amends the Small Business Act to require SBA development centers to provide, in conjunction with the IRS, informational materials, education, and basic training to small business concerns relating to federal income tax credits, including credits available to: (1) businesses generally; and (2) small business concerns and startups specifically, especially credits for research and experimentation.

Such materials, education, and basic training may be delivered in person or through an Internet website.
Support Small Business R & D Act of 2017 — Informed