To reauthorize the Small Business Technology Transfer Program through fiscal year 2000.

Amends the Small Business Act to: (1) direct the Small Business Administration (SBA) to report annually to the Senate Committee on Science on the Small Business Innovative Research (SBIR) program and the Small Business Technology Transfer (SBTT) program; (2) specify that only ideas designed to meet agency program needs are to receive SBTT Phase II awards; (3) reauthorize the SBTT program through FY 2000; (4) direct each Federal agency establishing an SBTT program to submit a section on its program in its annual performance plan to specified congressional committees and to collect data from awardees to assess SBTT outputs and outcomes; (5) direct the SBA Administrator to develop and implement an outreach program to encourage increased SBTT participation by small businesses, universities, and other research institutions located in States in which the total number of SBTT awards for the previous two fiscal years is less than 20; and (6) require the SBIR and SBTT programs to be included by Federal agencies in any strategic plan updates and revisions required by the Government Performance and Results Act.