The bill, H.R. 10407, proposes amendments to the Small Business Act aimed at reauthorizing and improving the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. It intends to extend these programs' authorizations, enhance...
Simple Explanation
The bill H.R. 10407 wants to make some changes to help small businesses create new ideas and inventions by re-using two programs. It aims to make the programs better by making them more accessible to different people, preventing bad actions, and making sure the businesses get more chances to succeed.