Small business pilot program extended

Senators gave final approval March 14 to a bill that alters and extends the Small Business Innovation Act pilot program.

LB628, introduced by Lincoln Sen. Danielle Conrad, reduces the number of full-time equivalent employees required to qualify for the pilot program from five to two. The bill also extends the sunset date for one year to Dec. 31, 2014.

The bill passed on a 44-0 vote.