Home > 106th Congressional Bills > H.R. 5668 (ih) To repeal provisions of Federal law requiring labeling on saccharin containing foods. [Introduced in House] ...H.R. 5668 (ih) To repeal provisions of Federal law requiring labeling on saccharin containing foods. [Introduced in House] ...
Act of 1958 (15 U.S.C. 683(b)) is amended by striking ``plus an
additional charge of 1 percent per annum which shall be paid to and
retained by the Administration'' and inserting ``plus, for debentures
obligated after September 30, 2000, an additional charge, in an amount
established annually by the Administration, of not more than 1 percent
per year as necessary to reduce to zero the cost (as defined in section
502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a)) to the
Administration of purchasing and guaranteeing debentures under this
Act, which shall be paid to and retained by the Administration''.
(b) Participating Securities.--Section 303(g)(2) of the Small
Business Investment Act of 1958 (15 U.S.C. 683(g)(2)) is amended by
striking ``plus an additional charge of 1 percent per annum which shall
be paid to and retained by the Administration'' and inserting ``plus,
for participating securities obligated after September 30, 2000, an
additional charge, in an amount established annually by the
Administration, of not more than 1 percent per year as necessary to
reduce to zero the cost (as defined in section 502 of the Federal
Credit Reform Act of 1990 (2 U.S.C. 661a)) to the Administration of
purchasing and guaranteeing participating securities under this Act,
which shall be paid to and retained by the Administration''.
SEC. 405. DISTRIBUTIONS.
Section 303(g)(8) of the Small Business Investment Act of 1958 (15
U.S.C. 683(g)(8)) is amended--
(1) by striking ``subchapter s corporation'' and inserting
``subchapter S corporation'';
(2) by striking ``the end of any calendar quarter based on
a quarterly'' and inserting ``any time during any calendar
quarter based on an''; and
(3) by striking ``quarterly distributions for a calendar
year,'' and inserting ``interim distributions for a calendar
year,''.
SEC. 406. CONFORMING AMENDMENT.
Section 310(c)(4) of the Small Business Investment Act of 1958 (15
U.S.C. 687b(c)(4)) is amended by striking ``five years'' and inserting
``1 year''.
TITLE V--REAUTHORIZATION OF SMALL BUSINESS PROGRAMS
SEC. 501. SHORT TITLE.
This title may be cited as the ``Small Business Programs
Reauthorization Act of 2000''.
SEC. 502. REAUTHORIZATION OF SMALL BUSINESS PROGRAMS.
Section 20 of the Small Business Act (15 U.S.C. 631 note) is
amended by adding at the end the following:
``(g) Fiscal Year 2001.--
``(1) Program levels.--The following program levels are
authorized for fiscal year 2001:
``(A) For the programs authorized by this Act, the
Administration is authorized to make--
``(i) $45,000,000 in technical assistance
grants as provided in section 7(m); and
``(ii) $60,000,000 in direct loans, as
provided in 7(m).
``(B) For the programs authorized by this Act, the
Administration is authorized to make $19,050,000,000 in
deferred participation loans and other financings. Of
such sum, the Administration is authorized to make--
``(i) $14,500,000,000 in general business
loans as provided in section 7(a);
``(ii) $4,000,000,000 in financings as
provided in section 7(a)(13) of this Act and
section 504 of the Small Business Investment
Act of 1958;
``(iii) $500,000,000 in loans as provided
in section 7(a)(21); and
``(iv) $50,000,000 in loans as provided in
section 7(m).
``(C) For the programs authorized by title III of
the Small Business Investment Act of 1958, the
Administration is authorized to make--
``(i) $2,500,000,000 in purchases of
participating securities; and
``(ii) $1,500,000,000 in guarantees of
debentures.
``(D) For the programs authorized by part B of
title IV of the Small Business Investment Act of 1958,
the Administration is authorized to enter into
guarantees not to exceed $4,000,000,000 of which not
more than 50 percent may be in bonds approved pursuant
to section 411(a)(3) of that Act.
``(E) The Administration is authorized to make
grants or enter cooperative agreements for a total
amount of $5,000,000 for the Service Corps of Retired
Executives program authorized by section 8(b)(1).
``(2) Additional authorizations.--
``(A) There are authorized to be appropriated to
the Administration for fiscal year 2001 such sums as
may be necessary to carry out the provisions of this
Act not elsewhere provided for, including
administrative expenses and necessary loan capital for
disaster loans pursuant to section 7(b), and to carry
out title IV of the Small Business Investment Act of
1958, including salaries and expenses of the
Administration.
``(B) Notwithstanding any other provision of this
paragraph, for fiscal year 2001--
``(i) no funds are authorized to be used as
loan capital for the loan program authorized by
section 7(a)(21) except by transfer from
another Federal department or agency to the
Administration, unless the program level
authorized for general business loans under
paragraph (1)(B)(i) is fully funded; and
``(ii) the Administration may not approve
loans on its own behalf or on behalf of any
other Federal department or agency, by contract
or otherwise, under terms and conditions other
than those specifically authorized under this
Act or the Small Business Investment Act of
1958, except that it may approve loans under
section 7(a)(21) of this Act in gross amounts
of not more than $1,250,000.
``(h) Fiscal Year 2002.--
``(1) Program levels.--The following program levels are
authorized for fiscal year 2002:
``(A) For the programs authorized by this Act, the
Administration is authorized to make--
``(i) $60,000,000 in technical assistance
grants as provided in section 7(m); and
``(ii) $80,000,000 in direct loans, as
provided in 7(m).
``(B) For the programs authorized by this Act, the
Administration is authorized to make $20,050,000,000 in
deferred participation loans and other financings. Of
such sum, the Administration is authorized to make--
``(i) $15,000,000,000 in general business
loans as provided in section 7(a);
``(ii) $4,500,000,000 in financings as
provided in section 7(a)(13) of this Act and
section 504 of the Small Business Investment
Act of 1958;
``(iii) $500,000,000 in loans as provided
in section 7(a)(21); and
``(iv) $50,000,000 in loans as provided in
section 7(m).
``(C) For the programs authorized by title III of
the Small Business Investment Act of 1958, the
Administration is authorized to make--
``(i) $3,500,000,000 in purchases of
participating securities; and
``(ii) $2,500,000,000 in guarantees of
debentures.
``(D) For the programs authorized by part B of
title IV of the Small Business Investment Act of 1958,
the Administration is authorized to enter into
guarantees not to exceed $5,000,000,000 of which not
more than 50 percent may be in bonds approved pursuant
to section 411(a)(3) of that Act.
``(E) The Administration is authorized to make
grants or enter cooperative agreements for a total
amount of $6,000,000 for the Service Corps of Retired
Executives program authorized by section 8(b)(1).
``(2) Additional authorizations.--
``(A) There are authorized to be appropriated to
the Administration for fiscal year 2002 such sums as
may be necessary to carry out the provisions of this
Act not elsewhere provided for, including
administrative expenses and necessary loan capital for
disaster loans pursuant to section 7(b), and to carry
out title IV of the Small Business Investment Act of
1958, including salaries and expenses of the
Administration.
``(B) Notwithstanding any other provision of this
paragraph, for fiscal year 2002--
``(i) no funds are authorized to be used as
loan capital for the loan program authorized by
section 7(a)(21) except by transfer from
another Federal department or agency to the
Administration, unless the program level
authorized for general business loans under
paragraph (1)(B)(i) is fully funded; and
``(ii) the Administration may not approve
loans on its own behalf or on behalf of any
other Federal department or agency, by contract
or otherwise, under terms and conditions other
than those specifically authorized under this
Act or the Small Business Investment Act of
1958, except that it may approve loans under
section 7(a)(21) of this Act in gross amounts
of not more than $1,250,000.
``(i) Fiscal Year 2003.--
``(1) Program levels.--The following program levels are
authorized for fiscal year 2003:
``(A) For the programs authorized by this Act, the
Administration is authorized to make--
``(i) $70,000,000 in technical assistance
grants as provided in section 7(m); and
``(ii) $100,000,000 in direct loans, as
provided in 7(m).
``(B) For the programs authorized by this Act, the
Administration is authorized to make $21,550,000,000 in
deferred participation loans and other financings. Of
such sum, the Administration is authorized to make--
``(i) $16,000,000,000 in general business
loans as provided in section 7(a);
``(ii) $5,000,000,000 in financings as
provided in section 7(a)(13) of this Act and
section 504 of the Small Business Investment
Act of 1958;
``(iii) $500,000,000 in loans as provided
in section 7(a)(21); and
``(iv) $50,000,000 in loans as provided in
section 7(m).
``(C) For the programs authorized by title III of
the Small Business Investment Act of 1958, the
Administration is authorized to make--
``(i) $4,000,000,000 in purchases of
participating securities; and
``(ii) $3,000,000,000 in guarantees of
debentures.
``(D) For the programs authorized by part B of
title IV of the Small Business Investment Act of 1958,
the Administration is authorized to enter into
guarantees not to exceed $6,000,000,000 of which not
more than 50 percent may be in bonds approved pursuant
to section 411(a)(3) of that Act.
``(E) The Administration is authorized to make
grants or enter into cooperative agreements for a total
amount of $7,000,000 for the Service Corps of Retired
Executives program authorized by section 8(b)(1).
``(2) Additional authorizations.--
``(A) There are authorized to be appropriated to
the Administration for fiscal year 2003 such sums as
may be necessary to carry out the provisions of this
Act not elsewhere provided for, including
administrative expenses and necessary loan capital for
disaster loans pursuant to section 7(b), and to carry
out title IV of the Small Business Investment Act of
1958, including salaries and expenses of the
Administration.
``(B) Notwithstanding any other provision of this
paragraph, for fiscal year 2003--
``(i) no funds are authorized to be used as
loan capital for the loan program authorized by
section 7(a)(21) except by transfer from
another Federal department or agency to the
Administration, unless the program level
authorized for general business loans under
paragraph (1)(B)(i) is fully funded; and
``(ii) the Administration may not approve
loans on its own behalf or on behalf of any
other Federal department or agency, by contract
or otherwise, under terms and conditions other
than those specifically authorized under this
Act or the Small Business Investment Act of
1958, except that it may approve loans under
section 7(a)(21) of this Act in gross amounts
of not more than $1,250,000.''.
SEC. 503. ADDITIONAL REAUTHORIZATIONS.
(a) Drug-Free Workplace Program.--Section 27 of the Small Business
Act (15 U.S.C. 654) is amended--
(1) in the section heading, by striking ``<DELETED>drug-
free workplace demonstration program</DELETED>'' and inserting
``<DELETED>paul d. coverdell drug-free workplace
program</DELETED>''; and
(2) in subsection (g)(1), by striking ``$10,000,000 for
fiscal years 1999 and 2000'' and inserting ``$5,000,000 for
each of fiscal years 2001 through 2003''.
(b) HUBZone Program.--Section 31 of the Small Business Act (15
U.S.C. 657a) is amended by adding at the end the following:
``(d) Authorization of Appropriations.--There is authorized to be
appropriated to carry out the program established by this section
$10,000,000 for each of fiscal years 2001 through 2003.''.
(c) Very Small Business Concerns Program.--Section 304(i) of the
Small Business Administration Reauthorization and Amendments Act of
1994 (Public Law 103-403; 15 U.S.C. 644 note) is amended by striking
``September 30, 2000'' and inserting ``September 30, 2003''.
(d) Socially and Economically Disadvantaged Businesses Program.--
Section 7102(c) of the Federal Acquisition Streamlining Act of 1994
(Public Law 103-355; 15 U.S.C. 644 note) is amended by striking
``September 30, 2000'' and inserting ``September 30, 2003''.
(e) SBDC Services.--Section 21(c)(3)(T) of the Small Business Act
(15 U.S.C. 648(c)(3)(T)) is amended by striking ``2000'' and inserting
``2003''.
SEC. 504. COSPONSORSHIP.
(a) In General.--Section 8(b)(1)(A) of the Small Business Act (15
U.S.C. 637(b)(1)(A)) is amended to read as follows:
``(1)(A) to provide--
``(i) technical, managerial, and informational aids
to small business concerns--
``(I) by advising and counseling on matters
in connection with Government procurement and
policies, principles, and practices of good
management;
``(II) by cooperating and advising with--
``(aa) voluntary business,
professional, educational, and other
nonprofit organizations, associations,
and institutions (except that the
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