WASHINGTON, March 17 -- Sen. Edward J. Markey issued the following press release:

Small Business Committee Ranking Member Edward J. Markey (D-Mass.) released a statement following House passage of bipartisan legislation to reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for five years. Thanks to Ranking Member Markey's leadership, the Small Business Innovation and Economic Security Act protects the merit-based competitive nature of the programs, prevents small businesses from being immediately kicked out of the program, and ensures that the smallest small businesses can access the programs. The legislation is expected to become law, which would re-open the SBIR/STTR programs ...