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S. 3971 · Commerce
Small Business Innovation and Economic Security Act
Introduced Mar 3, 2026 · Became law
What does this mean?

This law extends for several more years two federal programs that give small businesses grant money to research and develop new technologies that could eventually be sold commercially. Small businesses applying for these grants will now face stricter security screening — for example, checks to make sure sensitive research doesn't end up benefiting foreign adversaries — and if a business gets rejected on security grounds, the government now has to tell them why. Businesses will also be capped on how many grant applications they can submit each year, and government employees who help these companies transition their technology into real government contracts will get more training to do that job. Additionally, small businesses with especially promising technologies in critical areas can qualify for extra grant money if they can also bring in matching funds from other sources.

Read the official CRS summary on Congress.gov →
Bill Lifecycle
Real action history from Congress.gov — where this bill is in the process, and every recorded step along the way.
Introduced in Senate
Mar 3, 2026
Passed Senate
Mar 3, 2026
Received in House
Mar 4, 2026
Passed House
Mar 17, 2026
Presented to President
Apr 2, 2026
Signed by President
Apr 13, 2026
Became Law
Apr 13, 2026
Full action history (17)
Mar 3, 2026Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S752-756; text: CR S752-756)
Mar 3, 2026Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
Mar 3, 2026Introduced in Senate
Mar 4, 2026Held at the desk.
Mar 4, 2026Received in the House.
Mar 4, 2026Message on Senate action sent to the House.
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