FAST Fix Act of 2019 This bill modifies provisions governing the administration of the Federal and State Technology Partnership (FAST) program. Specifically, the bill encourages FAST program grants to be awarded to small businesses in underperforming states by (1) requiring the Small Business Administration to give priority and special consideration to such applicants, and (2) authorizing the SBA to provide additional assistance to such applicants. The bill defines underperforming states as being the 18 states that receive the fewest Small Business Innovation Research and Small Business Technology Transfer awards. Additionally, the bill removes the limit on the number of proposals that may be submitted for inclusion in the FAST program to provide services in any one state. The bill also lowers the matching requirements for the bottom tier of FAST recipients, sets limits on the amount of each award, and extends the period for distribution of grants to two years.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Commerce
Advanced technology and technological innovationsCongressional oversightGovernment studies and investigationsIntergovernmental relationsResearch administration and fundingResearch and developmentSmall businessState and local government operationsTechnology transfer and commercialization
FAST Fix Act of 2019
USA116th CongressS-2023| Senate
| Updated: 6/27/2019
FAST Fix Act of 2019 This bill modifies provisions governing the administration of the Federal and State Technology Partnership (FAST) program. Specifically, the bill encourages FAST program grants to be awarded to small businesses in underperforming states by (1) requiring the Small Business Administration to give priority and special consideration to such applicants, and (2) authorizing the SBA to provide additional assistance to such applicants. The bill defines underperforming states as being the 18 states that receive the fewest Small Business Innovation Research and Small Business Technology Transfer awards. Additionally, the bill removes the limit on the number of proposals that may be submitted for inclusion in the FAST program to provide services in any one state. The bill also lowers the matching requirements for the bottom tier of FAST recipients, sets limits on the amount of each award, and extends the period for distribution of grants to two years.
Advanced technology and technological innovationsCongressional oversightGovernment studies and investigationsIntergovernmental relationsResearch administration and fundingResearch and developmentSmall businessState and local government operationsTechnology transfer and commercialization