Home > 107th Congressional Bills > S. 175 (is) To establish a national uniform poll closing time and uniform treatment of absentee ballots in Presidential general elections. [Introduced in Senate] ...

S. 175 (is) To establish a national uniform poll closing time and uniform treatment of absentee ballots in Presidential general elections. [Introduced in Senate] ...

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                                                        Calendar No. 55
  1st Session
                                 S. 174

                          [Report No. 107-18]

To amend the Small Business Act with respect to the microloan program, 
                        and for other purposes.



                            January 24, 2001

    Mr. Kerry (for himself, Ms. Snowe, Mr. Bond, Mr. Wellstone, Mr. 
   Cleland, Ms. Landrieu, Mr. Harkin, Mr. Levin, Mr. Lieberman, Mr. 
Bingaman, Mr. Enzi, Mr. Kohl, Mr. Johnson, Mr. Daschle, Mr. Conrad, Mr. 
Burns, Mr. Inouye, and Mr. Baucus) introduced the following bill; which 
     was read twice and referred to the Committee on Small Business

                              June 1, 2001

Reported under authority of the order of the Senate of May 26, 2001, by 
                      Mr. Bond, without amendment


                                 A BILL

To amend the Small Business Act with respect to the microloan program, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,


    This Act may be cited as the ``Microloan Program Improvement Act of 


    (a) In General.--Section 7(m) of the Small Business Act (15 U.S.C. 
636(m)) is amended--
            (1) in paragraph (1)(B)(i), by striking ``short-term,'';
            (2) in paragraph (2)(B), by inserting before the period ``, 
        or equivalent experience, as determined by the 
            (3) in paragraph (4)(E)--
                    (A) by striking clause (i) and inserting the 
                            ``(i) In general.--Each intermediary may 
                        expend the grant funds received under the 
                        program authorized by this subsection to 
                        provide or arrange for loan technical 
                        assistance to small business concerns that are 
                        borrowers or prospective borrowers under this 
                        subsection.''; and
                    (B) in clause (ii), by striking ``25'' and 
                inserting ``35''; and
            (4) in paragraph (9), by adding at the end the following:
                    ``(D) Peer-to-peer capacity building and 
                training.--The Administrator may use not more than 
                $1,000,000 of the annual appropriation to the 
                Administration for technical assistance grants to 
                subcontract with 1 or more national trade associations 
                of eligible intermediaries, or other entities 
                knowledgeable about and experienced in microlending and 
                related technical assistance, under this subsection to 
                provide peer-to-peer capacity building and training to 
                lenders under this subsection and organizations seeking 
                to become lenders under this subsection.''.
    (b) Conforming Amendment.--Section 7(m)(11)(B) of the Small 
Business Act (15 U.S.C. 636(m)(11)(B)) is amended by striking ``short-

                                                        Calendar No. 55


  1st Session

                                 S. 174

                          [Report No. 107-18]


                                 A BILL

To amend the Small Business Act with respect to the microloan program, 
                        and for other purposes.


                              June 1, 2001

                       Reported without amendment

Pages: 1

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