House Bills - 109th Congress

H.R. 2943—The Save Biotechnology Innovative Research Act of 2005

On June 16, 2005, Representative Sam Graves (R-MO) introduced H.R. 2943, the Save Biotechnology Innovative Research Act of 2005. The bill would amend the Small Business Act to establish eligibility requirements for business concerns to receive awards under the Small Business Innovation Research Program. In particular, the bill addresses ownership and control of a small business by venture capital companies. It would affect eligibility for Federal small business grants, including certain NIH grants. The bill has four cosponsors and was referred to the House Committees on Science and on Small Business. A companion bill, S. 1263, was introduced by Senator Christopher Bond (R-MO) on the same day. S. 1263 has no cosponsors and was referred to the Senate Committee on Small Business and Entrepreneurship.

Legislative Update (December 2006): Save America’s Biotechnology Innovative Research Act