On the recordSeptember 28, 2022
Mr. Speaker, I yield myself the balance of my time for closing. The SBIR and STTR Extension Act of 2022 will reauthorize the programs for 3 years and address congressional concerns by establishing research security measures, increasing transparency and oversight, and focusing on commercialization. I think, as you have heard the speakers this afternoon, in my mind, we have two big problems that we are solving here. Besides the extension of these programs, which I think are important to the national defense of our country, for one thing, I think it also helps spur entrepreneurial and investment technology that I think is vital to our country, and we stop the use of some of these programs as ATMs for different companies. I think we also put a stop to the Chinese abuse of these programs, as well. I think those are the two highlights that are really important in these programs. They have done a good job of putting protections in place. I think that we are strengthening these protections, as well as protecting R&D and protecting our taxpayer dollars to make sure they are being spent effectively and efficiently. Mr. Speaker, I ask my colleagues to support S. 4900, and I yield back the balance of my time.





