PUBLIC LAW 107-50—OCT. 15, 2001 115 STAT. 265 between the small business concern and the research institution."; and . (2) in paragraph (2)— (A) by inserting "or an STTR program pursuant to -'/ subsection (n)( 1)" after "(f)( 1)"; (B) by striking "solely for SBIR" and inserting "exclusively for SBIR and STTR"; (C) in subparagraph (A)(iii), by inserting "and STTR" I after "SBIR"; and (D) in subparagraph (D), by inserting "or STTR" after "SBIR". (c) SIMPLIFIED REPORTING REQUIREMENTS. —Section 9(v) of the Small Business Act (15 U.S.C. 638(v)) is amended by inserting "or STTR" after "SBIR" each place it appears. (d) REPORTS TO CONGRESS. — Section 9(b)(7) of the Small Business Act (15 U.S.C. 638(b)(7)) is amended by striking "and (o)(9)," and inserting ", (o)(9), and (o)(15), the number of proposals received from, and the number and total amount of awards to, HUBZone small business concerns under each of the SBIR and STTR programs,". SEC. 7. STTR PROGRAM-WroE MODEL AGREEMENT FOR INTELLEC- TUAL PROPERTY RIGHTS. (a) DEVELOPMENT OF MODEL AGREEMENT.— Section 9 of the Small Business Act (15 U.S.C. 638) is amended by adding at the end the following: "(w) STTR MODEL AGREEMENT FOR INTELLECTUAL PROPERTY RIGHTS. — "(1) IN GENERAL.— The Administrator shall promulgate Regulations. regulations establishing a single model agreement for use in the STTR program that allocates between small business concerns and research institutions intellectual property rights and rights, if any, to carry out follow-on research, development, or commercialization. " (2) OPPORTUNITY FOR COMMENT.—In promulgating regulations under paragraph (1), the Administrator shall provide to affected agencies, small business concerns, research institutions, and other interested parties the opportunity to submit written comments.". (b) ADOPTION OF MODEL AGREEMENT BY FEDERAL AGENCIES. — Section 9(o)(ll) of the Small Business Act (15 U.S.C. 638(o)(ll)) is amended by striking "develop a model agreement not later than July 31, 1993, to be approved by the Administration," and inserting "adopt the agreement developed by the Administrator under subsection (w) as the agency's model agreement". SEC. 8. FAST PROGRAM ASSISTANCE TO WOMEN-OWNED AND MINORITY-OWNED SMALL BUSINESS CONCERNS AND CONCERNS LOCATED IN AREAS NOT PARTICIPATING IN SBIR AND STTR. (a) SELECTION CONSIDERATION.—Section 34(c)(2)(B) of the Small Business Act (15 U.S.C. 657d(c)(2)(B)) is amended— (1) in clause (iv), by striking "and" at the end; (2) in clause (v), by striking the period at the end and inserting "; and"; and (3) by adding at the end the following new clause: "(vi) whether the proposal addresses the needs of small business concerns—
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