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SABIR Act

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S6759)

Official summary

Version 00 · Introduced in Senate · Jun 16, 2005

Save America's Biotechnology Innovative Research Act of 2005 or SABIR Act - Amends provisions of the Small Business Act relating to the Small Business Innovation Research (SBIR) Program (a program under which a portion of a Federal agency's research or research and development funds are reserved for award to small businesses) to require a small business, in order to be SBIR-eligible, to have no more than 500 employees and be one of the following; (1) at least 51 percent owned and controlled by individuals or eligible venture capital companies who are U.S. citizens or permanent resident aliens; (2) not more than 49 percent owned and controlled by a single eligible venture capital company; (3) at least 51 percent owned and controlled by another business that is itself at least 51 percent owned and controlled by U.S. Citizens or permanent resident aliens; or (4) a joint venture in which each entity meets one of these ownership requirements.

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Who introduced it

Sen. Bond, Christopher S. [R-MO] · R–MO

Committees

  • Small Business and Entrepreneurship Committee
9 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S6759)

  2. Sponsor introductory remarks on measure. (CR S6758-6759)

  3. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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