S. 650 · 115th Congress
Support Small Business R & D Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CoonsSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
What it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Support Small Business R & D Act of 2017
Latest action (Aug 2, 2017): Placed on Senate Legislative Calendar under General Orders. Calendar No. 195.
Policy area: Commerce · Origin: Senate · Introduced: Mar 15, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.