▶ 0:07:25Mr. McGarvey from the great state of Kentucky. He'll lead us in the alleg in
▶ 0:08:23The committee will now come to order. A quorum is present. Without objection, the chair is authorized to declare a recess of the committee at any time. I ask unanimous consent to name Mr. Alford and Mr. LZ to the subcommittee on contract and infrastructure without objection. So moved. As required by House rules, a copy of this legislative measure has been made available to members and the public at least 24 hours in advance.
▶ 0:08:48Without objection, the committee will vote electronically in accordance with the committee rules and regulations developed by the House committees on rules and administration. I now recognize myself for opening remarks. Today we will mark up a bipartisan uh bill that is critical to protecting America innovation. The Small Business Innovation Research SBIR and Small Business Technology Transfer STR programs are set to expire on September 30th unless Congress takes action to reauthorize them.
▶ 0:09:18For over the decades, the SBIR and the STR programs have fueled American innovation by providing early stage funding to small businesses, allowing them to develop cutting edge technologies that strengthen our economy and defend our nation. As chairman, I'm committed to ensuring these programs remain strong and uninterrupted. America's small business cannot operate in uncertainty, and our national security cannot afford an innovation gap.
▶ 0:09:40SBI and STR investments have developed some of the world's most advanced defense technologies with one goal to keep Americans safe from foreign adversaries. All of us on this committee have worked hard to reauthorize the programs in a bipartisan way that protects American innovators from foreign adversaries, encourages greater support for breakthrough technologies. We've had great bipartisan and by camel's discussions in an effort to move forward the innovate the innovate act.
▶ 0:10:06I along with all my colleagues am committed to continuing these discussions. With long-term reauthorization remains the goal, one thing has become clear. Time is working against us. We cannot allow these vital programs to expire while Congress continues to consider possible reforms and examine their impact. That is why I introduced HR5100 alongside ranking member Velasquez, House Committee on Science, Space, and Technology Chairman Babin, and Ranking Member Lofrren.
▶ 0:10:34Uh, this bill will extend the SBI and the STR programs for one more year, allowing meaningful discussions towards long-term reauthorization to continue. This committee is responsible for empowering small business to do what they do best, innovate. Extending these programs keeps America ahead of their adversaries, creates jobs at home, and ensures that small business remain at the forefront of discovery. I want to thank Ranking Member Velasquez and her team for working with us and ensuring that these programs do not expire.
▶ 0:11:02I'd also like to thank Chairman Babin, Ranking Member Lofrren, and their staffs for their support. This one-year extension sends a clear message. We will not let America's innovation pipeline run dry. I look forward to working with my colleagues in the House and the Senate to ensure continuity for SBI and STR programs and the small business participating in them. With that, I look forward to today's markup and yield to distinguished ranking member from New York and my friend, Miss Velasquez.
▶ 0:11:28Thank you, chair, Mr. chairman for your efforts on this clean one-year extension of the small business innovation research and technology transfer programs. For more than 40 years, SBIR and SDTR have been among the federal government's most effective engines for driving innovation, channeling a small share of the research and development budgets into highly competitive awards that fuel cutting edge discoveries
▶ 0:11:58by small businesses. Economic analysis consistently show an outside return on investment for taxpayers and the program throughout its lifetime has been uh successful. Unfortunately, S the SBIR and STR programs are set to expire at the end of the fiscal year.
▶ 0:12:22If these programs were allowed to expire, agencies will lose the ability to issue new awards, cutting off a vital source of early stage funding for small businesses, delay commercialization and promising technologies, and weaken the federal government's ability to access new and emerging technologies. This is why one of my main priorities for the program is permanence.
▶ 0:12:48The SBIR and SDTR reauthorization is our committee's only mustpass legislation this year. Despite the urgency, we're still in early stages of negotiating a comprehensive and time is running short. While we share priorities such as bringing in new entrance or modernizing phase three, significant differences remain.
▶ 0:13:16To that end, I appreciate Chairman Williams recognition of the obstacles we're facing with this reauthorization and his support for a one-year extension to bring all sides together to bridge the differences. Letting the labs even briefly will disrupt hundreds of small businesses in the middle of the research and put innovation at risk.
▶ 0:13:42This extension is the only responsible course and I look forward to continuing to work with Chairman Williams and his team to reach a comprehensive bipartisan agreement. I encourage my colleagues to vote yes and I yield back.
▶ 0:13:58Gentle lady yields back. Uh now the committee now moves to consideration of HR5100. The clerk will report the bill. a bill to extend the SBIR.
▶ 0:14:11Objection. HR5100 is considered as read and open for amendment. Does anyone wish to offer an amendment?
▶ 0:14:20Seeing none, the question is now on favorably reporting HR51 to the House. All those in favor say I.
▶ 0:14:27All those opposed say no. In the opinion of the chair, the eyes have it. HR51 is agreed to.
▶ 0:14:33Mr. Chairman,
▶ 0:14:34for what purpose does the gentleman from Pennsylvania seek recognition?
▶ 0:14:38I'd like to request a recorded vote. A recorded vote has been requested. A roll call vote is ordered. The clerk will open the vote.
▶ 0:14:54Right here.
▶ 0:15:02Got it. Are there any members who've not voted or wish to change their vote?
▶ 0:15:27If you guys need to go to other meetings, you absolutely can.
▶ 0:15:40Okay. Good, good, good, good.
▶ 0:15:43Thank you guys. We appreciate it. Let me have a Well done.
▶ 0:21:30Are there any other members who've not voted or wish to change their vote?
▶ 0:21:35If not, the clerk will close the vote. Clerk will report.
▶ 0:21:44Mr. Chairman, on this vote, the eyes are 27 and the nose are zero. Okay, the motion is agreed to and HR5100 is adopted and will be reported in favor to the house. Without objection, the committee staff is authorized to make technical and conforming changes and members have two business days to file additional supplemental desending and minority views. I want to thank all of you for being here today. If there's no further business, the uh this concludes our today's markup. Without objection, the committee stands adjourned. Thank
▶ 0:22:12Thank you.