1. Short title This Act may be cited as the SBIR and STTR Permanency and Improvement Act of 2019 . 2. Permanency of SBIR and STTR programs (a) SBIR Section 9(m) of the Small Business Act ( 15 U.S.C. 638(m) ) is amended— (1) in the subsection heading, by striking Termination and inserting SBIR program authorization ; and (2) by striking terminate on September 30, 2022 and inserting be in effect for each fiscal year . (b) STTR Section 9(n)(1)(A) of the Small Business Act ( 15 U.S.C. 638(n)(1)(A) ) is amended by striking through fiscal year 2022 . 3. Allocation increase (a) SBIR Section 9(f)(1) of the Small Business Act ( 15 U.S.C. 638(f) ) is amended— (1) in the matter preceding subparagraph (A), by striking expend and inserting obligate for expenditure ; (2) in subparagraph (H), by striking and at the end; (3) in subparagraph (I), by striking and each fiscal year thereafter, and inserting a semicolon; and (4) by inserting after subparagraph (I) the following: (J) not less than 3.5 percent of such budget in fiscal year 2020; (K) not less than 4 percent of such budget in fiscal year 2021; (L) not less than 5 percent of such budget in fiscal year 2022; (M) not less than 6 percent of such budget in fiscal year 2023; and (N) not less than 6.4 percent of such budget in fiscal year 2024 and each fiscal year thereafter. . (b) STTR Section 9(n)(1) of the Small Business Act ( 15 U.S.C. 638(n)(1) ) is amended— (1) in subparagraph (A), by striking expend and inserting obligate for expenditure ; and (2) in subparagraph (B)— (A) in clause (iv), by striking and at the end; (B) in clause (v), by striking fiscal year 2016 and each fiscal year thereafter. and inserting fiscal year 2019; ; and (C) by adding at the end the following: (vi) 0.55 percent for fiscal year 2020; (vii) 0.65 percent for fiscal year 2021; (viii) 0.75 percent for fiscal year 2022; (ix) 0.85 percent for fiscal year 2023