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106th CONGRESS
2d Session
H. R. 5545
To provide for reauthorization of small business loan and other
programs, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 25, 2000
Mr. Talent (for himself and Ms. Velazquez) introduced the following
bill; which was referred to the Committee on Small Business
_______________________________________________________________________
A BILL
To provide for reauthorization of small business loan and other
programs, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Small Business
Reauthorization Act of 2000''.
(b) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title; table of contents.
TITLE I--SMALL BUSINESS INNOVATION RESEARCH PROGRAM
Sec. 101. Short title.
Sec. 102. Findings.
Sec. 103. Extension of SBIR program.
Sec. 104. Annual report.
Sec. 105. Third phase assistance.
Sec. 106. Report on programs for annual performance plan.
Sec. 107. Output and outcome data.
Sec. 108. National Research Council reports.
Sec. 109. Federal agency expenditures for the SBIR program.
Sec. 110. Policy directive modifications.
Sec. 111. Federal and State technology partnership program.
Sec. 112. Mentoring networks.
Sec. 113. Simplified reporting requirements.
Sec. 114. Rural outreach program extension.
TITLE II--BUSINESS LOAN PROGRAMS
Sec. 201. Short title.
Sec. 202. Levels of participation.
Sec. 203. Loan amounts.
Sec. 204. Interest on defaulted loans.
Sec. 205. Prepayment of loans.
Sec. 206. Guarantee fees.
Sec. 207. Lease terms.
Sec. 208. Appraisals for loans secured by real property.
Sec. 209. Sale of guaranteed loans made for export purposes.
Sec. 210. Microloan program.
TITLE III--CERTIFIED DEVELOPMENT COMPANY PROGRAM
Sec. 301. Short title.
Sec. 302. Women-owned businesses.
Sec. 303. Maximum debenture size.
Sec. 304. Fees.
Sec. 305. Premier certified lenders program.
Sec. 306. Sale of certain defaulted loans.
Sec. 307. Loan liquidation.
TITLE IV--CORRECTIONS TO THE SMALL BUSINESS INVESTMENT ACT OF 1958
Sec. 401. Short title.
Sec. 402. Definitions.
Sec. 403. Investment in small business investment companies.
Sec. 404. Subsidy fees.
Sec. 405. Distributions.
Sec. 406. Conforming amendment.
TITLE V--REAUTHORIZATION OF SMALL BUSINESS PROGRAMS
Sec. 501. Short title.
Sec. 502. Reauthorization of small business programs.
Sec. 503. Additional reauthorizations.
Sec. 504. Cosponsorship.
TITLE VI--HUBZONE PROGRAM
Subtitle A--HUBZones in Native America
Sec. 601. Short title.
Sec. 602. HUBZone small business concern.
Sec. 603. Qualified HUBZone small business concern.
Sec. 604. Other definitions.
Subtitle B--Other HUBZone Provisions
Sec. 611. Definitions.
Sec. 612. Eligible contracts.
Sec. 613. HUBZone redesignated areas.
Sec. 614. Community development.
Sec. 615. Reference corrections.
TITLE VII--NATIONAL WOMEN'S BUSINESS COUNCIL REAUTHORIZATION
Sec. 701. Short title.
Sec. 702. Membership of the Council.
Sec. 703. Repeal of procurement project.
Sec. 704. Studies and other research.
Sec. 705. Authorization of appropriations.
TITLE VIII--MISCELLANEOUS PROVISIONS
Sec. 801. Loan application processing.
Sec. 802. Application of ownership requirements.
Sec. 803. Subcontracting preference for veterans.
Sec. 804. Small Business Development Center Program funding.
Sec. 805. Surety bonds.
Sec. 806. Size standards.
Sec. 807. Native Hawaiian organizations under section 8(a).
Sec. 808. National Veterans Business Development Corporation
correction.
Sec. 809. Private sector resources for SCORE.
Sec. 810. Contract data collection.
Sec. 811. Procurement program for women-owned small business concerns.
TITLE IX--COMMUNITY RENEWAL AND NEW MARKETS INITIATIVES
Sec. 901. New markets venture capital program.
Sec. 902. BusinessLINC grants and cooperative agreements.
TITLE I--SMALL BUSINESS INNOVATION RESEARCH PROGRAM
SECTION 101. SHORT TITLE.
(a) Short Title.--This title may be cited as the ``Small Business
Innovation Research Program Reauthorization Act of 2000''.
SEC. 102. FINDINGS.
Congress finds that--
(1) the small business innovation research program
established under the Small Business Innovation Development Act
of 1982, and reauthorized by the Small Business Research and
Development Enhancement Act of 1992 (in this title referred to
as the ``SBIR program'') is highly successful in involving
small businesses in federally funded research and development;
(2) the SBIR program made the cost-effective and unique
research and development capabilities possessed by the small
businesses of the Nation available to Federal agencies and
departments;
(3) the innovative goods and services developed by small
businesses that participated in the SBIR program have produced
innovations of critical importance in a wide variety of high-
technology fields, including biology, medicine, education, and
defense;
(4) the SBIR program is a catalyst in the promotion of
research and development, the commercialization of innovative
technology, the development of new products and services, and
the continued excellence of this Nation's high-technology
industries; and
(5) the continuation of the SBIR program will provide
expanded opportunities for one of the Nation's vital resources,
its small businesses, will foster invention, research, and
technology, will create jobs, and will increase this Nation's
competitiveness in international markets.
SEC. 103. EXTENSION OF SBIR PROGRAM.
Section 9(m) of the Small Business Act (15 U.S.C. 638(m)) is
amended to read as follows:
``(m) Termination.--The authorization to carry out the Small
Business Innovation Research Program established under this section
shall terminate on September 30, 2008.''.
SEC. 104. ANNUAL REPORT.
Section 9(b)(7) of the Small Business Act (15 U.S.C. 638(b)(7)) is
amended by striking ``and the Committee on Small Business of the House
of Representatives'' and inserting ``, and to the Committee on Science
and the Committee on Small Business of the House of Representatives,''.
SEC. 105. THIRD PHASE ASSISTANCE.
Section 9(e)(4)(C)(i) of the Small Business Act (15 U.S.C.
638(e)(4)(C)(i)) is amended by striking ``; and'' and inserting ``;
or''.
SEC. 106. REPORT ON PROGRAMS FOR ANNUAL PERFORMANCE PLAN.
Section 9(g) of the Small Business Act (15 U.S.C. 638(g)) is
amended--
(1) in paragraph (7), by striking ``and'' at the end;
(2) in paragraph (8), by striking the period at the end and
inserting a semicolon; and
(3) by adding at the end the following:
``(9) include, as part of its annual performance plan as
required by subsections (a) and (b) of section 1115 of title
31, United States Code, a section on its SBIR program, and
shall submit such section to the Committee on Small Business of
the Senate, and the Committee on Science and the Committee on
Small Business of the House of Representatives; and''.
SEC. 107. OUTPUT AND OUTCOME DATA.
(a) Collection.--Section 9(g) of the Small Business Act (15 U.S.C.
638(g)), as amended by section 106 of this Act, is further amended by
adding at the end the following:
``(10) collect, and maintain in a common format in
accordance with subsection (v), such information from awardees
as is necessary to assess the SBIR program, including
information necessary to maintain the database described in
subsection (k).''.
(b) Report to Congress.--Section 9(b)(7) of the Small Business Act
(15 U.S.C. 638(b)(7)), as amended by section 104 of this Act, is
further amended by inserting before the period at the end ``, including
the data on output and outcomes collected pursuant to subsections
(g)(10) and (o)(9), and a description of the extent to which Federal
agencies are providing in a timely manner information needed to
maintain the database described in subsection (k)''.
(c) Database.--Section 9(k) of the Small Business Act (15 U.S.C.
638(k)) is amended to read as follows:
``(k) Database.--
``(1) Public database.--Not later than 180 days after the
date of enactment of the Small Business Innovation Research
Program Reauthorization Act of 2000, the Administrator shall
develop, maintain, and make available to the public a
searchable, up-to-date, electronic database that includes--
``(A) the name, size, location, and an identifying
number assigned by the Administrator, of each small
business concern that has received a first phase or
second phase SBIR award from a Federal agency;
``(B) a description of each first phase or second
phase SBIR award received by that small business
concern, including--
``(i) an abstract of the project funded by
the award, excluding any proprietary
information so identified by the small business
concern;
``(ii) the Federal agency making the award;
and
``(iii) the date and amount of the award;
``(C) an identification of any business concern or
subsidiary established for the commercial application
of a product or service for which an SBIR award is
made; and
``(D) information regarding mentors and Mentoring
Networks, as required by section 35(d).
``(2) Government database.--Not later than 180 days after
the date of enactment of the Small Business Innovation Research
Program Reauthorization Act of 2000, the Administrator, in
consultation with Federal agencies required to have an SBIR
program pursuant to subsection (f)(1), shall develop and
maintain a database to be used solely for SBIR program
evaluation that--
``(A) contains for each second phase award made by
a Federal agency--
``(i) information collected in accordance
with paragraph (3) on revenue from the sale of
new products or services resulting from the
research conducted under the award;
``(ii) information collected in accordance
with paragraph (3) on additional investment
from any source, other than first phase or
second phase SBIR or STTR awards, to further
the research and development conducted under
the award; and
``(iii) any other information received in
connection with the award that the
Administrator, in conjunction with the SBIR
program managers of Federal agencies, considers
relevant and appropriate;
``(B) includes any narrative information that a
small business concern receiving a second phase award
voluntarily submits to further describe the outputs and
outcomes of its awards;
``(C) includes for each applicant for a first phase
or second phase award that does not receive such an
award--
``(i) the name, size, and location, and an
identifying number assigned by the
Administration;
``(ii) an abstract of the project; and
``(iii) the Federal agency to which the
application was made;
``(D) includes any other data collected by or
available to any Federal agency that such agency
considers may be useful for SBIR program evaluation;
and
``(E) is available for use solely for program
evaluation purposes by the Federal Government or, in
accordance with policy directives issued by the
Administration, by other authorized persons who are
subject to a use and nondisclosure agreement with the
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