3.0.0 1375 2023-01-15T07:03:00Z 2023-01-15T07:03:00Z Senate S S 2003-07-08 108 sssb00 Small Business and Entrepreneurship Committee Senate Standing Reported by 2003-08-26T16:07:20Z Markup by 2003-07-10T18:33:06Z Referred to 2003-07-08T21:27:30Z S. Rept. 108-124 Small Business Reauthorization and Manufacturing Revitalization Act of 2003 108 2802 HR 2004-03-08 Placed on the Union Calendar, Calendar No. 249. Related bill House 2003-09-30 18:29:23 Held at the desk. Floor H15000 2 House floor actions 2003-09-30 Senate Message on Senate action sent to the House. Floor 2003-09-30 12:30:14 Received in the House. Floor H14000 2 House floor actions 2003-09-26 Senate Passed Senate with amendments by Unanimous Consent. Floor 2003-09-26 Passed/agreed to in Senate: Passed Senate with amendments by Unanimous Consent. Floor 17000 9 Library of Congress 2003-09-26 Senate Measure laid before Senate by unanimous consent. (consideration: CR S12053, S12060-12095; text of measure as reported in Senate: CR S12060-12080) Floor 2003-08-26 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 248. Calendars 2003-08-26 sssb00 Small Business and Entrepreneurship Committee Senate Committee on Small Business and Entrepreneurship. Reported by Senator Snowe under authority of the order of the Senate of 07/29/03 legislative day 07/21/03 with amendments. With written report No. 108-124. Committee 2003-08-26 Committee on Small Business and Entrepreneurship. Reported by Senator Snowe under authority of the order of the Senate of 07/29/03 legislative day 07/21/03 with amendments. With written report No. 108-124. Committee 14000 9 Library of Congress sssb00 Small Business and Entrepreneurship Committee 2003-07-10 sssb00 Small Business and Entrepreneurship Committee Senate Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably. Committee 2003-07-08 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2003-07-08 Sponsor introductory remarks on measure. (CR S9051-9053) IntroReferral B00100 9 Library of Congress 2003-07-08 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2003-07-08 True 2003-08-01T04:00:00Z S. 1375, Small Business Administration 50th Anniversary Reauthorization Act of 2003 http://www.cbo.gov/publication/14671 <p>Cost estimate for the bill as ordered reported by the Senate Committee on Small Business and Entreprenuership on July 10, 2003</p> 2003-08-01T04:00:00Z S. 1375, Small Business Administration 50th Anniversary Reauthorization Act of 2003 https://www.cbo.gov/publication/14671 Cost estimate for the bill as ordered reported by the Senate Committee on Small Business and Entreprenuership on July 10, 2003 Commerce Administrative fees Administrative procedure Administrative remedies Alaska Armed Forces and National Security Armed forces reserves Auditing Authorization Business education Business ethics Community development banking Congress Congressional investigations Congressional reporting requirements Corporate corruption Data banks Day care Defense contracts Defense procurement Department of Defense Depressed areas Disaster loans Droughts Drug abuse Drug testing Drugs and employment Due process of law Economics and Public Finance Electronic government information Emergency Management Entrepreneurs Executive reorganization Executives Exports Families Federal advisory bodies Federal aid to education Federal employees Federal officials Federally-guaranteed loans Finance and Financial Sector Foreign Trade and International Finance Foreign trade promotion Government Operations and Politics Government contractors Government lending Government paperwork Government procurement Government publicity Hawaiians High technology Higher education Housing and Community Development Identification devices Income tax Indian economic development Indian education Indigenous peoples Industrial buildings Interest rates Job creation Judicial review Labor and Employment Law Leases Manufacturing industries Marketing Military base closures Minorities Minority business enterprises Mortgage banks Nonprofit organizations Performance measurement Planning-programming-budgeting Political parties Public records Rating of employees Rural economic development Science, Technology, Communications Securities Service industries Small Business Administration Small business Social Welfare Strategic planning Subcontractors Surety and fidelity Tax credits Taxation Tourism Transportation and Public Works Travel Urban affairs Urban economic development Venture capital Veterans' employment Volunteer workers Water Resources Development Women Women in business Commerce 00 2003-07-08 Introduced in Senate 2003-11-07T22:08:27Z Small Business Administration 50th Anniversary Reauthorization Act of 2003 - Amends the Small Business Act to authorize appropriations for FY 2004 through 2006 for small business loans administered by the Small Business Administration (SBA). Extends related programs, including the drug-free workplace program and the small business development centers program.

Revises or establishes authority with respect to the following SBA-administered programs and offices: (1) general small business loans; (2) the preferred lenders pilot program; (3) the microloan program; (4) lender oversight; (5) the disaster assistance loan program; (6) the 504 (premier certified lenders) loan program; (7) the child care lending pilot program; (8) the surety bond program; (9) a pilot program for guarantees on pools of non-SBA loans; (10) the new markets venture capital program; (11) the small business investment company program; (12) the Office of Entrepreneurial Development; (13) the small business development center program; (14) women's small business ownership programs, including the women's business center program; (15) the Office of Native American Affairs, the Native American small business development program, and related pilot programs; (16) the Office of Veterans Business Development; (17) small business procurement and participation in Federal prime contracts and subcontracts; and (18) the minority small business and capital ownership development program.

Requires a study to identify industries in which small businesses owned and controlled by women are underrepresented with respect to Federal procurement contracting.

]]> 01 2003-08-26 Reported to Senate with amendment(s) 2005-02-18T20:35:23Z Small Business Administration 50th Anniversary Reauthorization Act of 2003 - Title I: General Provisions - Subtitle A: Administration Accountability - (Sec. 101) Amends the Small Business Act (the Act) to require the Administrator of the Small Business Administration (SBA) and the SBA Inspector General to retain all SBA documents and records for at least two years (currently one year) from the date such documents are created and to make any such documents or records available to the congressional small business committees, upon request, within five business days.

(Sec. 102) Places the Director of the Office of Lender Oversight under the Chief Operating Officer (currently, under the Office of Capital Access) of the SBA.

Subtitle B: Authorizations - (Sec. 111) Authorizes appropriations for FY 2004 through 2006 for SBA-administered loans, including general business loans, certified development company loans, microloans, disaster assistance loans, and small business investment company debentures and participating securities.

(Sec. 112) Extends through FY 2006 the authorization of appropriations for: (1) SBA drug-free workplace programs, including the Paul D. Coverdell drug-free workplace program; and (2) the small business development centers program.

Title II: Financial Assistance - Subtitle A: 7(a) Loan Guarantee Program - (Sec. 201) Establishes the National Preferred Lenders Pilot Program as a three-year pilot program in which a participant lender may operate in any State if the lender meets SBA-established criteria, including demonstrated proficiency for at least three years in the Preferred Lenders Program.

(Sec. 202) Extends and revises program participation fees for businesses receiving SBA-guaranteed loans for small business startups or established small business operation and expansion (7(a) loans).

(Sec. 203) Authorizes the issuance of trust certificates representing a pool of 7(a) loans with varying interest rates.

(Sec. 204) Authorizes the SBA to make 7(a) loans to small businesses owned and controlled by veterans (currently, disabled veterans) and by members of military reserve components.

(Sec. 205) Increases from $100,000 to $250,000 the maximum authorized loans under the SBA's Low Documentation Loan Program.

(Sec. 206) Increases from $1.25 million to $1.3 million the maximum loan available to small businesses engaged in exporting products.

Subtitle B: Microloan Program - (Sec. 211) Revises the SBA's microloan program (a program under which SBA loans and grants are made to intermediaries, who then make loans to small businesses and provide to borrowers technical assistance, such as managerial and strategic advice) to: (1) revise eligibility requirements for microloan intermediaries; (2) increase from $7,500 to $10,000 the microloan small loan limit; (3) increase from 25 to 30 the percentage of a microloan grant that an intermediary may use to contract-out the provision of technical assistance by a third party; (4) remove the requirement that intermediaries make only short-term loans to small businesses; (5) require an annual report from the SBA to Congress on microloan amounts transferred to cover administrative expenses of technical assistance grants; (6) require the Administrator to develop a subsidy microloan program model that is more accurate than the current model; and (7) increase from 25 to 30 the percentage of technical assistance that an intermediary may provide to potential (rather than actual) borrowers.

Subtitle C: Lender Oversight - (Sec. 221) Authorizes the SBA to charge fees to 7(a) lenders for lender examinations and requires the SBA to use such fees solely to fund examinations and review activities.

(Sec. 222) Provides SBA oversight and enforcement authority with respect to small business lending companies and non-Federally regulated SBA lenders, including authority to require forfeiture of lender rights for regulatory violations. Requires an administrative hearing process, with a right of appeal, prior to revocation or suspension of lender authority or the issuance of cease and desist orders. Authorizes the SBA to: (1) remove lender management officials for regulatory violations; (2) suspend or prohibit a management official from participation in an SBA lender program; or (3) suspend a management official brought up on criminal charges. Outlines notification and due process requirements in such cases, including the right to judicial review. Provides civil penalties. Defines "small business lending company" and "non-Federally regulated SBA lender" for purposes of such authority.

Subtitle D: Disaster Assistance Loan Program - (Sec. 231) Increases from $500,000 to $1.5 million the maximum amount of SBA disaster assistance authorized to businesses identified as major sources of employment in their area.

(Sec. 232) Authorizes SBA disaster assistance relief for small businesses (currently, farm-related small businesses) suffering substantial economic harm from drought. Limits to $9 million the amount of FY 2004 deferred participation loan appropriations that may be used for drought disaster loans to nonfarm-related small businesses. Requires the Administrator to respond within 30 days to a State's request for drought disaster assistance.

(Sec. 233) Extends through FY 2006 the disaster mitigation pilot program (pre-disaster loans to small businesses).

Subtitle E: 504 Loan Program - (Sec. 241) Amends the Small Business Investment Act of 1958 to: (1) extend until October 1, 2006, SBA authority to charge fees to borrowers, first mortgage lenders, and certified development companies (CDCs) under the 504 loan program (a program of loans for financing purchases of real estate and machinery and equipment); and (2) allow a CDC to withdraw from the loan loss reserve fund any amount in excess of one percent of the aggregate outstanding balances of loan debentures to which such loan loss reserve relates.

(Sec. 243) Provides an alternative loan loss reserve option for qualified high loss reserve premier certified lenders (PCLs) meeting certain requirements, including maintaining at least $100,000 in loan loss reserve accounts, plus sufficient amounts, as determined by an independent auditor, to meet obligations to protect the Federal Government from risk of loss.

Directs the Administrator to contract with a Federal agency experienced in community development lending and financial regulation or with a member of the Federal Financial Institutions Examinations Council to: (1) study the extent to which statutory requirements have caused overcapitalization in PCL's loan loss reserves; and (2) identify alternatives for establishing and maintaining reserves sufficient to protect the Federal Government from risk of loss.

(Sec. 244) Increases the 504 loan program limits from: (1) $1 million to $1.5 million for general program loans; and (2) $1.3 to $2 million for loans that achieve one or more of nine statutory public policy goals. Provides a loan limit of $4 million for manufacturing loans under the 504 program.

(Sec. 245) Requires one job opportunity to be created for each $50,000 in loans made under the 504 non-manufacturing loan program, and one for each $100,000 under the manufacturing loan program. Provides a temporary job creation waiver.

(Sec. 246) Requires the Administrator to develop a simplified application procedure for 504 loan guarantees involving not more than $400,000. Requires: (1) such procedure to be made available to CDCs within 180 days after enactment of this Act; and (2) the SBA to develop a simplified application procedure for all other 504 loans within 270 days after enactment of this Act.

(Sec. 247) Allows proceeds of loans made through the SBA to local development companies for plant acquisition, construction, or expansion to be used to provide loans to small, nonprofit child care businesses, provided that: (1) the loan will be used for a sound business purpose approved by the SBA; and (2) each business receiving the assistance meets eligibility requirements applicable to for-profit businesses. Prohibits more than seven percent of the total number of loans guaranteed in any fiscal year for local development companies from being awarded under this program. Terminates such authority at the end of FY 2006. Requires: (1) semiannual program implementation reports during such period from the Administrator to the small business committees; and (2) a single report on such program from the Comptroller General.

(Sec. 248) Defines a "rural area" for purposes of eligibility for SBA loans for businesses in rural areas as a city or town with a population of less than 50,000 or the urbanized area adjacent to such a city or town.

Subtitle F: Surety Bond Program - (Sec. 251) Allows the SBA to guarantee bonds for contracts entered into by small businesses when the total range of affiliated contracts exceeds $2 million (current law), but limits the surety bond's liability to $2 million. Authorizes such surety bond guarantee program through FY 2006.

Subtitle G: Miscellaneous - (Sec. 261) Allows small businesses to receive lender loans through both the general loan program and the 504 program, but requires lenders to report to Congress on the number of small businesses that have financings under both programs and the total amount financed.

(Sec. 262) Provides leasing options for general business loan and 504 loan borrowers for the leasing of property financed through SBA loans.

(Sec. 263) Sets forth a financing limitation calculation with respect to small businesses receiving capital from small business investment companies (SBICs) while also receiving either general or 504 loan assistance.

(Sec. 264) Directs the Administrator to: (1) establish an alternative small business size standard applicable to general and 504 loan applicants; and (2) utilize the maximum net worth and net income of the prospective borrower as an alternative to the use of industry standards.

(Sec. 265) Authorizes the SBA to establish a pilot program to provide a partial guarantee on pools of loans not otherwise guaranteed by the SBA for not less than two and up to five qualified entities authorized and approved by the SBA. Limits the guarantee amount to the amount of the business loan and development company debenture guarantee authority available to the SBA. Authorizes the SBA to charge a fee for such loan guarantees. Requires program reports from the Administrator and the Comptroller General. Terminates the guarantee authority at the end of FY 2006.

Subtitle H: New Markets Venture Capital - (Sec. 271) Amends provisions concerning the new markets venture capital program to: (1) require (current law authorizes) the Administrator to give each conditionally approved company two years to satisfy the private capital matching requirements; and (2) revise the definition of "low income geographic area" to correspond to the equivalent term under the new markets tax credit program.

Subtitle I: Small Business Investment Company Program - (Sec. 281) Authorizes SBICs with outstanding financings to invest in securities, mutual funds, or instruments supported by direct obligations of the United States or certificates of deposit maturing within one year.

(Sec. 282) Increases the fee paid by SBICs that use participating SBA-backed securities.

(Sec. 283) Revises the formula by which a participating securities SBIC may distribute its profits after repaying accrued prioritized payments and tax distributions.

Subtitle J: Small Business Intermediary Lending Pilot Program - (Sec. 291) Small Business Intermediary Lending Pilot Program Act of 2003 - Establishes a three-year small business intermediary lending pilot program under which the SBA may make direct loans to eligible nonprofit lending intermediaries for the purpose of making fixed interest rate and mid-size loans ($35,000 to $200,000) to startup, newly established, and growing small businesses. Authorizes the SBA, under the program, to make one percent, 20-year loans of up to $1 million, on a competitive basis, to up to 20 nonprofit lending intermediaries. Requires: (1) geographic diversity and representation of urban and rural communities under the program; and (2) an initial and annual reports from the Administrator to the small business committees during the program period. Authorizes appropriations.

Title III: Entrepreneurial Development Programs - Subtitle A: Office of Entrepreneurial Development - (Sec. 301) Authorizes the Service Corps of Retired Executives (an SBA-founded group performing volunteer training and free counseling to small businesses) to manage gifts and contributions received to further its intended purposes.

Amends the Small Business Administration Reauthorization and Amendments Act of 1994 to extend through FY 2006 the SBA's cosponsorship authority (the authority to provide to entrepreneurs a variety of services, including information and education).

(Sec. 302) Prohibits a small business development center from disclosing the name, address, or telephone number of any individual receiving assistance, unless the Administrator: (1) is so ordered by a court of law; or (2) considers such disclosure necessary for conducting a financial audit of a center.

(Sec. 303) Amends the Riegle Community Development and Regulatory Improvement Act of 1994 to reauthorize the Program for Investment in Microentrepreneurs (PRIME). Transfers the statutory provisions for PRIME from such Act to the Small Business Act. Requires each organization receiving assistance under PRIME to: (1) submit an annual activities report to the SBA; and (2) collect data on individuals counseled or trained and related information. Extends through FY 2006 the authorization of appropriations for PRIME.

Subtitle B: Women's Small Business Ownership Programs - (Sec. 311) Authorizes the SBA's Office of Women's Business Ownership to develop and make available to established women-owned businesses assistance in issues concerning manufacturing, technology, professional services, retail and product sales, travel and tourism, international trade, and Federal Government contract business development. Directs the SBA to: (1) provide training for women's business ownership representatives in carrying out their responsibilities; and (2) update the women's business center proposal process and programmatic and financial oversight process.

(Sec. 312) Authorizes the SBA to award initial and renewal grants of up to $150,000 per year to private organizations to conduct projects for the benefit of small businesses owned and controlled by women. Allows such grants to be used for: (1) pre-business, business startup, and business operations; (2) financial planning assistance; (3) procurement assistance; (4) management assistance; and (5) marketing assistance. Sets forth: (1) a matching funds requirement; and (2) grant application requirements, including a four-year plan for grant use. Outlines criteria to be used by the SBA in selecting grant recipients, including applicant experience in conducting programs or efforts designed to teach or upgrade the business skills of women business owners or potential owners. Outlines grant renewal application requirements, including a three-year plan for grant use. Prohibits the Administrator from suspending, terminating, or failing to renew or extend a grant with a women's business center unless the Administrator provides the center with written notification and the opportunity for a hearing, appeal, or similar administrative proceeding. Outlines privacy requirements for the protection of women's businesses receiving grant assistance.

Directs the SBA to recognize the existence and activities of any association of women's business centers established to address matters of common concern and to consult with such associations to develop: (1) a training program for the staff of the women's business centers and the SBA; and (2) recommendations to improve the policies and procedures governing the general operations and administration of the women's business center program, including grant program improvements.

Authorizes appropriations for FY 2004 through 2006 for the grant program.

(Sec. 313) Provides cosponsorship authority for the National Women's Business Council. Authorizes a national women's business organization or a small business represented on the Council to replace its representative member at any time.

Establishes within the Council: (1) the Committee on Manufacturing, Technology, and Professional Services; (2) the Committee on Travel, Tourism, Product and Retail Sales, and International Trade; and (3) the Committee on Federal Procurement and Contracting.

Directs the Council to serve as a clearinghouse for information on small businesses owned and controlled by women, including research conducted by other organizations and individuals relating to ownership by women of small businesses.

Extends through FY 2006 the authorization of appropriations for the Council. Requires at least 30 percent of such funding for FY 2004 through 2006 to be earmarked for conducting research on the awarding of Federal contracts and subcontracts to women-owned businesses.

(Sec. 314) Requires the Deputy Administrator of the SBA to serve as acting chairperson of the Interagency Committee on Women's Business Enterprise until a chairperson is appointed by the President. Establishes a Policy Advisory Group to assist the chairperson in developing women's business enterprise policies and programs.

Establishes within the Committee: (1) the Subcommittee on Manufacturing, Technology, and Professional Services; (2) the Subcommittee on Travel, Tourism, Product and Retail Sales, and International Trade; and (3) the Subcommittee on Federal Procurement and Contracting. Requires the Committee to meet at least three times a year.

(Sec. 315) National Women's Business Council Independence Preservation Act of 2003 - Amends the Women's Business Ownership Act of 1988 to require the Administrator, when filling vacancies on the National Women's Business Council, to ensure an equal number of Council members from each of the two major political parties. Mandates that if a Council vacancy is not filled within 30 days, or there exists for more than 30 days an imbalance of party-affiliated Council members, the Administrator shall report to the small business committees on why the deadline was not met and an estimated date on which any vacancies will be filled.

Subtitle C: Office of Native American Affairs - Native American Small Business Development Act - (Sec. 322) Establishes within the SBA the Office of Native American Affairs, headed by an Assistant Administrator, to implement SBA programs for the development of business enterprises by Native Americans (American Indians, Alaska Natives, and Native Hawaiians). Requires the Office to assist Native American entrepreneurs to: (1) start, operate, and grow small businesses; (2) develop management and technical skills; (3) seek Federal procurement opportunities; (4) increase Native American employment opportunities; and (5) increase Native American access to capital markets.

Requires the SBA to provide financial assistance to tribal governments, tribal colleges, Native Hawaiian organizations, and Alaska Native corporations to create Native American business centers. Requires each business center to conduct five-year projects for business education aid to such entities. Requires each assistance applicant to submit a five-year plan on proposed assistance and training activities. Directs the SBA to report annually to the small business committees on the effectiveness of projects conducted with such assistance. Requires each entity receiving assistance to report annually to the SBA on services provided. Authorizes appropriations.

(Sec. 323) Establishes a four-year pilot program under which the SBA is authorized to award Native American development grants to provide culturally-tailored business development training and related services to Native Americans and Native American small businesses. Requires annual recipient reports to the SBA on the impact of the grant funding.

Establishes a four-year pilot program under which the SBA shall award at least three American Indian Tribal Assistance Center grants to establish joint projects to provide culturally-tailored business development assistance to prospective and current owners of small businesses on or near tribal lands. Requires annual recipient reports to the SBA on the impact of the grant funding. Authorizes appropriations for each of the pilot programs.

Subtitle D: Office of Veterans Business Development - (Sec. 331) Amends the Small Business Act and the Veterans Entrepreneurship and Small Business Development Act of 1999 to extend through FY 2006 the duties and authority of the Advisory Committee on Veterans Business Affairs.

(Sec. 332) Authorizes the SBA to provide grants and enter into cooperative agreements for the establishment and implementation of outreach programs for disabled veterans (current law), veterans, and members of reserve components.

(Sec. 333) Authorizes appropriations for FY 2004 through 2006 for the Office of Veterans Business Development.

Title IV: Small Business Procurement Opportunities - (Sec. 401) Defines the terms "consolidation of contract requirements" and "consolidation" (formerly "bundling of contract requirements") with respect to contract requirements of a military department, defense agency, field activity, or any other Federal department or agency having contracting authority. Prohibits an official of a military department, defense agency, or Department of Defense (DOD) field activity from executing an acquisition strategy that includes a consolidation of contract requirements with a total value in excess of $5 million unless the senior procurement executive first: (1) conducts market research; (2) identifies any alternative contracting approaches that would involve a lesser degree of consolidation of contract requirements; and (3) determines that the consolidation is necessary and justified. Prohibits the head of any other Federal agency from undertaking a consolidation of contract requirements with a total value in excess of $2 million without that agency's senior procurement executive meeting such requirements. Requires additional assessments and actions with respect to a consolidated contract valued at more than $7 million. Considers the consolidation necessary and justified if the benefits of the acquisition strategy substantially exceed the benefits of each of the possible alternative contracting approaches.

Requires in an annual report on contract bundling a description of best practices for maximizing small business prime and subcontracting opportunities.

Directs the SBA to assign at least one procurement center representative: (1) at each major procurement center; and (2) for each State. Requires separate and distinct duties of a procurement center representative and a commercial market representative.

Replaces references to bundled contract with references to consolidated contracts.

Requires the Comptroller General to study and report to Congress and the SBA on the feasibility of setting thresholds, based on industry category, for permitting the consolidation of contract requirements to proceed without being subject to the additional benefit analyses required by this section.

(Sec. 402) Requires each Federal agency, after consultation with the SBA, to: (1) identify a percentage of the procurement budget of that agency to be awarded to small business concerns and to include such information in its required annual strategic plan; and (2) report, as part of its annual performance plan, the extent to which the agency achieved such goal.

Requires each senior procurement executive or manager and each small and disadvantaged business utilization manager of a Federal agency having contracting authority to have as an annual performance evaluation factor the success of that procurement employee in small business utilization.

Makes the Director of Small and Disadvantaged Business Utilization for DOD responsible only to the Under Secretary of Defense for Acquisition, Technology, and Logistics. Requires annual DOD reports on small business utilization to be sent to each agency member of the President's Management Council.

(Sec. 403) Requires the Government-wide goal for participation by small businesses in any multiple award contract to be no less than 23 percent of the total dollar value of all awards under that contract.

(Sec. 404) Requires small business subcontracting plans to include the name and signature of the person certifying that subcontracting data provided is accurate and complete and a certification that the offeror or bidder will acquire articles or services from small businesses in the amount used in preparing the bid or proposal. Provides penalties for false certifications.

(Sec. 405) Requires the SBA to share subcontracting compliance review data with Federal contracting officers and to update a national centralized Government-wide database with information on prime contractor past performance with respect to subcontracting plan compliance. Requires a contracting officer to refer to the inspector general of the affected agency a material breach of agency non-compliance with a subcontracting plan.

(Sec. 406) Allows a Federal agency, after a finding of failure of a civilian agency prime contractor to make timely payments to subcontractors for work performed under a Federal contract, to withhold from the prime contractor the amounts due to subcontractors and to make direct payments to such subcontractors. Terminates such authority at the end of FY 2006.

(Sec. 407) Requires the Comptroller General (currently the Administrator) to: (1) conduct a study to identify industries in which small businesses owned and controlled by women are underrepresented with respect to Federal procurement contracting; and (2) report study results to Congress.

(Sec. 408) Extends through FY 2006 the HUBZone program (Federal contracting assistance to small businesses located in historically underutilized business areas).

(Sec. 409) Includes military base closure areas within the definition of HUBZone for purposes of eligibility for contracting assistance.

(Sec. 410) Includes as a qualifying HUBZone small business any small business investment company, specialized small business investment company, new markets venture capital company, or other similar investment company, as long as such company comprises not more than 15 percent of the ownership of the subject small business.

(Sec. 411) Requires procurement regulations issued by DOD to be amended as necessary to carry out the amendments made under this title.

Title V: Miscellaneous - (Sec. 501) Redesignates the Office of Minority Small Business Capital Ownership Development as the Office of Business Development.

(Sec. 502) Extends through FY 2006: (1) the small business innovation research rural outreach program; and (2) the Federal and State technology partnership program.

(Sec. 503) Requires annual reports from the Associate Administrator of Business Development to the small business committees on the effectiveness of the BusinessLINC program.]]>

35 2003-09-26 Passed Senate amended 2004-04-16T16:57:46Z Small Business Administration 50th Anniversary Reauthorization Act of 2003 - Title I: General Provisions - Subtitle A: Administration Accountability - (Sec. 101) Amends the Small Business Act (the Act) to require the Administrator of the Small Business Administration (SBA) and the SBA Inspector General to retain all SBA documents and records for at least two years (currently one year) from the date such documents are created, and to make any such documents or records available to the congressional small business committees, upon request, within five business days.

(Sec. 102) Places the Director of the Office of Lender Oversight under the Chief Operating Officer (currently, under the Office of Capital Access) of the SBA.

Subtitle B: Authorizations - (Sec. 111) Authorizes appropriations for FY 2004 through 2006 for SBA-administered loans, including general business loans, certified development company loans, microloans, disaster assistance loans, and small business investment company debentures and participating securities.

(Sec. 112) Extends through FY 2006 the authorization of appropriations for: (1) SBA drug-free workplace programs, including the Paul D. Coverdell drug-free workplace program; and (2) the small business development centers program.

Title II: Financial Assistance - Subtitle A: 7(a) Loan Guarantee Program - (Sec. 201) Establishes the National Preferred Lenders Pilot Program as a three-year pilot program in which a participant lender may operate in any State if the lender meets SBA-established criteria, including demonstrated proficiency for at least three years in the Preferred Lenders Program.

(Sec. 202) Extends and revises program participation fees for businesses receiving SBA-guaranteed loans for small business startups or established small business operation and expansion (7(a) loans).

(Sec. 203) Authorizes the issuance of trust certificates representing a pool of 7(a) loans with varying interest rates.

(Sec. 204) Authorizes the SBA to make 7(a) loans to small businesses owned and controlled by veterans (currently, disabled veterans) and by members of military reserve components.

(Sec. 205) Increases from $100,000 to $250,000 the maximum authorized loans under the SBA's Low Documentation Loan Program.

(Sec. 206) Increases from $1.25 million to $1.3 million the maximum loan available to small businesses engaged in exporting products.

Subtitle B: Microloan Program - (Sec. 211) Revises the SBA's microloan program (a program under which SBA loans and grants are made to intermediaries, who then make grants and loans to small businesses for technical assistance, such as managerial and strategic advice) to: (1) revise eligibility requirements for microloan intermediaries; (2) increase from $7,500 to $10,000 the microloan small loan limit; (3) increase from 25 to 30 the percentage of a microloan grant that an intermediary may use to contract-out the provision of technical assistance by a third party; (4) remove the requirement that intermediaries make only short-term loans to small businesses; (5) require an annual report from the SBA to Congress on microloan amounts transferred to cover administrative expenses of technical assistance grants; (6) require the Administrator to develop a subsidy microloan program model that is more accurate than the current model; and (7) increase from 25 to 30 the percentage of technical assistance that an intermediary may provide to potential (rather than actual) borrowers.

Subtitle C: Lender Oversight - (Sec. 221) Authorizes the SBA to charge fees to 7(a) lenders for lender examinations, and requires the SBA to use such fees solely to fund examinations and review activities.

(Sec. 222) Provides SBA oversight and enforcement authority with respect to small business lending companies and non-Federally regulated SBA lenders, including authority to require forfeiture of lender rights for regulatory violations. Requires an administrative hearing process, with a right of appeal, prior to revocation or suspension of lender authority or the issuance of cease and desist orders). Authorizes the SBA to: (1) remove lender management officials for regulatory violations; (2) suspend or prohibit a management official from participation in an SBA lender program; or (3) suspend a management official brought up on criminal charges. Outlines notification and due process requirements in such cases, including the right to judicial review. Provides civil penalties. Defines "small business lending company" and "non-Federally regulated SBA lender" for purposes of such authority.

Subtitle D: Disaster Assistance Loan Program - (Sec. 231) Increases from $500,000 to $1.5 million the maximum amount of SBA disaster assistance authorized to businesses identified as major sources of employment in their area.

(Sec. 232) Authorizes SBA disaster assistance relief for small businesses (currently, farm-related small businesses) suffering substantial economic harm from drought. Limits to $9 million the amount of FY 2004 deferred participation loan appropriations that may be used for drought disaster loans to nonfarm-related small businesses. Requires the Administrator to respond within 30 days to a State's request for drought disaster assistance.

(Sec. 233) Extends through FY 2006 the disaster mitigation pilot program (pre-disaster loans to small businesses).

Subtitle E: 504 Loan Program - (Sec. 241) Amends the Small Business Investment Act of 1958 to: (1) extend until October 1, 2006, SBA authority to charge fees to borrowers, first mortgage lenders, and certified development companies (CDCs) under the 504 loan program (a program of loans for financing purchases of real estate and machinery and equipment); and (2) allow a CDC to withdraw from the loan loss reserve fund any amount in excess of one percent of the aggregate outstanding balances of loan debentures to which such loan loss reserve relates.

(Sec. 243) Provides an alternative loan loss reserve option for qualified high loss reserve premier certified lenders (PCLs) meeting certain requirements, including maintaining at least $100,000 in loan loss reserve accounts, plus sufficient amounts, as determined by an independent auditor, to meet obligations to protect the Federal Government from risk of loss.

Directs the Administrator to contract with a Federal agency experienced in community development lending and financial regulation, or with a member of the Federal Financial Institutions Examinations Council, to: (1) study the extent to which statutory requirements have caused overcapitalization in PCL's loan loss reserves; and (2) identify alternatives for establishing and maintaining reserves sufficient to protect the Federal Government from risk of loss.

(Sec. 244) Increases the 504 loan program limits from: (1) $1 million to $1.5 million for general program loans; and (2) $1.3 to $2 million for loans that achieve one or more of nine statutory public policy goals. Provides a loan limit of $4 million for manufacturing loans under the 504 program.

(Sec. 245) Requires one job opportunity to be created for each $50,000 in loans made under the 504 non-manufacturing loan program, and one for each $100,000 under the manufacturing loan program. Provides a temporary job creation waiver.

(Sec. 246) Requires the Administrator to develop a simplified application procedure for 504 loan guarantees involving not more than $400,000. Requires: (1) such procedure to be made available to CDCs within 180 days after enactment of this Act; and (2) the SBA to develop a simplified application procedure for all other 504 loans within 270 days after enactment of this Act,.

(Sec. 247) Allows proceeds of loans made through the SBA to local development companies for plant acquisition, construction, or expansion to be used to provide loans to small, nonprofit child care businesses, provided that: (1) the loan will be used for a sound business purpose approved by the SBA; and (2) each business receiving the assistance meets eligibility requirements applicable to for-profit businesses. Prohibits more than seven percent of the total number of loans guaranteed in any fiscal year for local development companies from being awarded under this program. Terminates such authority at the end of FY 2006. Requires: (1) semiannual program implementation reports during such period from the Administrator to the small business committees; and (2) a single report on such program from the Comptroller General.

(Sec. 248) Defines "rural area," for purposes of eligibility for SBA loans for businesses in rural areas, as a city or town with a population of less than 50,000, or the urbanized area adjacent to such a city or town.

Subtitle F: Surety Bond Program - (Sec. 251) Allows the SBA to guarantee bonds for contracts entered into by small businesses when the total range of affiliated contracts exceeds $2 million (current law), but limits the surety bond's liability to $2 million. Authorizes such surety bond guarantee program through FY 2006.

Subtitle G: Miscellaneous - (Sec. 261) Allows small businesses to receive lender loans through both the general loan program and the 504 program, but requires lenders to report to Congress on the number of small businesses that have financings under both programs and the total amount financed.

(Sec. 262) Provides leasing options for general business loan and 504 loan borrowers for the leasing of property financed through SBA loans.

(Sec. 263) Sets forth a financing limitation calculation with respect to small businesses receiving capital from small business investment companies (SBICs) while also receiving either general or 504 loan assistance.

(Sec. 264) Directs the Administrator to: (1) establish an alternative small business size standard applicable to general and 504 loan applicants; and (2) utilize the maximum net worth and net income of the prospective borrower as an alternative to the use of industry standards.

Subtitle H: New Markets Venture Capital - (Sec. 271) Amends provisions concerning the new markets venture capital program to: (1) require (current law authorizes) the Administrator to give each conditionally approved company two years to satisfy the private-capital matching requirements; and (2) revise the definition of "low income geographic area" to correspond to the equivalent term under the new markets tax credit program.

Subtitle I: Small Business Investment Company Program - (Sec. 281) Authorizes SBICs with outstanding financings to invest in securities, mutual funds, or instruments supported by direct obligations of the United States or certificates of deposit maturing within one year.

(Sec. 282) Increases the fee paid by SBICs that use participating SBA-backed securities.

(Sec. 283) Revises the formula by which a participating securities SBIC may distribute its profits after repaying accrued prioritized payments and tax distributions.

Subtitle J: Small Business Intermediary Lending Pilot Program - (Sec. 291) Small Business Intermediary Lending Pilot Program Act of 2003 - Establishes a three-year small business intermediary lending pilot program under which the SBA may make direct loans to eligible nonprofit lending intermediaries for the purpose of making fixed interest rate and mid-size loans ($35,000 to $200,000) to startup, newly established, and growing small businesses. Authorizes the SBA, under the program, to make one percent, 20-year loans of up to $1 million, on a competitive basis, to up to 20 nonprofit lending intermediaries. Requires: (1) geographic diversity and representation of urban and rural communities under the program; and (2) an initial and annual reports from the Administrator to the small business committees during the program period. Authorizes appropriations.

Title III: Entrepreneurial Development Programs - Subtitle A: Office of Entrepreneurial Development - (Sec. 301) Authorizes the Service Corps of Retired Executives (an SBA-founded group performing volunteer training and free counseling to small businesses) to manage gifts and contributions received to further its intended purposes.

Amends the Small Business Administration Reauthorization and Amendments Act of 1994 to extend through FY 2006 the SBA's cosponsorship authority (the authority to provide to entrepreneurs a variety of services, including information and education).

(Sec. 302) Prohibits a small business development center from disclosing the name, address, or telephone number of any individual receiving assistance, unless the Administrator: (1) is so ordered by a court of law; or (2) considers such disclosure necessary for conducting a financial audit of a center.

(Sec. 303) Amends the Riegle Community Development and Regulatory Improvement Act of 1994 to reauthorize the Program for Investment in Microentrepreneurs (PRIME). Requires each organization receiving assistance under PRIME to: (1) submit an annual activities report to the SBA; and (2) collect data on individuals counseled or trained and related information. Extends through FY 2006 the authorization of appropriations for PRIME.

Subtitle B: Women's Small Business Ownership Programs - (Sec. 311) Authorizes the SBA's Office of Women's Business Ownership to develop and make available to established women-owned businesses assistance in issues concerning manufacturing, technology, professional services, retail and product sales, travel and tourism, international trade, and Federal Government contract business development. Directs the SBA to: (1) provide training for women's business ownership representatives in carrying out their responsibilities; and (2) update the women's business center proposal process and programmatic and financial oversight process.

(Sec. 312) Authorizes the SBA to award initial and renewal grants of up to $150,000 per year to private organizations to conduct projects for the benefit of small businesses owned and controlled by women. Allows such grants to be used for: (1) pre-business, business startup, and business operations; (2) financial planning assistance; (3) procurement assistance; (4) management assistance; and (5) marketing assistance. Sets forth: (1) a matching funds requirement; and (2) grant application requirements, including a four-year plan for grant use. Outlines criteria to be used by the SBA in selecting grant recipients, including applicant experience in conducting programs or efforts designed to teach or upgrade the business skills of women business owners or potential owners. Outlines grant renewal application requirements, including a three-year plan for grant use. Prohibits the Administrator from suspending, terminating, or failing to renew or extend a grant with a women's business center unless the Administrator provides the center with written notification and the opportunity for a hearing, appeal, or similar administrative proceeding. Outlines privacy requirements for the protection of women's businesses receiving grant assistance.

Directs the SBA to recognize the existence and activities of any association of women's business centers established to address matters of common concern, and to consult with such associations to develop: (1) a training program for the staff of the women's business centers and the SBA; and (2) recommendations to improve the policies and procedures governing the general operations and administration of the women's business center program, including grant program improvements.

Authorizes appropriations for FY 2004 through 2006 for the grant program.

(Sec. 313) Provides cosponsorship authority for the National Women's Business Council. Authorizes a national women's business organization or a small business represented on the Council to replace its representative member at any time.

Establishes within the Council: (1) the Committee on Manufacturing, Technology, and Professional Services; (2) the Committee on Travel, Tourism, Product and Retail Sales, and International Trade; and (3) the Committee on Federal Procurement and Contracting.

Directs the Council to serve as a clearinghouse for information on small businesses owned and controlled by women, including research conducted by other organizations and individuals relating to ownership by women of small businesses.

Extends through FY 2006 the authorization of appropriations for the Council. Requires at least 30 percent of such funding for FY 2004 through 2006 to be earmarked for conducting research on the awarding of Federal contracts and subcontracts to women-owned businesses.

(Sec. 314) Requires the Deputy Administrator of the SBA to serve as acting chairperson of the Interagency Committee on Women's Business Enterprise until a chairperson is appointed by the President. Establishes a Policy Advisory Group to assist the chairperson in developing women's business enterprise policies and programs.

Establishes within the Committee: (1) the Subcommittee on Manufacturing, Technology, and Professional Services; (2) the Subcommittee on Travel, Tourism, Product and Retail Sales, and International Trade; and (3) the Subcommittee on Federal Procurement and Contracting. Requires the Committee to meet at least three times a year.

(Sec. 315) National Women's Business Council Independence Preservation Act of 2003 - Amends the Women's Business Ownership Act of 1988 to require the Administrator, when filling vacancies on the National Women's Business Council, to ensure an equal number of Council members from each of the two major political parties. Mandates that if a Council vacancy is not filled within 30 days, or there exists for more than 30 days an imbalance of party-affiliated Council members, the Administrator shall report to the small business committees on why the deadline was not met and an estimated date on which any vacancies will be filled.

Subtitle C: Office of Native American Affairs - Native American Small Business Development Act - (Sec. 322) Establishes within the SBA the Office of Native American Affairs, headed by an Assistant Administrator, to implement SBA programs for the development of business enterprises by Native Americans (American Indians, Alaska Natives, and Native Hawaiians). Requires the Office to assist Native American entrepreneurs to: (1) start, operate, and grow small businesses; (2) develop management and technical skills; (3) seek Federal procurement opportunities; (4) increase Native American employment opportunities; and (5) increase Native American access to capital markets.

Requires the SBA to provide financial assistance to tribal governments, tribal colleges, Native Hawaiian organizations, and Alaska Native corporations to create Native American business centers. Requires each business center to conduct five-year projects for business education aid to such entities. Requires each assistance applicant to submit a five-year plan on proposed assistance and training activities. Directs the SBA to report annually to the small business committees on the effectiveness of projects conducted with such assistance. Requires each entity receiving assistance to report annually to the SBA on services provided. Authorizes appropriations.

(Sec. 323) Establishes a four-year pilot program under which the SBA is authorized to award Native American development grants to provide culturally-tailored business development training and related services to Native Americans and Native American small businesses. Requires annual recipient reports to the SBA on the impact of the grant funding.

Establishes a four-year pilot program under which the SBA shall award at least three American Indian Tribal Assistance Center grants to establish joint projects to provide culturally-tailored business development assistance to prospective and current owners of small businesses on or near tribal lands. Requires annual recipient reports to the SBA on the impact of the grant funding. Authorizes appropriations for each of the pilot programs.

Subtitle D: Office of Veterans Business Development - (Sec. 331) Amends the Small Business Act and the Veterans Entrepreneurship and Small Business Development Act of 1999 to extend through FY 2006 the duties and authority of the Advisory Committee on Veterans Business Affairs.

(Sec. 332) Authorizes the SBA to provide grants and enter into cooperative agreements for the establishment and implementation of outreach programs for disabled veterans (current law), veterans, and members of reserve components.

(Sec. 333) Authorizes appropriations for FY 2004 through 2006 for the Office of Veterans Business Development.

Title IV: Small Business Procurement Opportunities - (Sec. 401) Defines the terms "consolidation of contract requirements" and "consolidation" (formerly "bundling of contract requirements") with respect to contract requirements of a military department, defense agency, field activity, or any other Federal department or agency having contracting authority. Prohibits an official of a military department, defense agency, or Department of Defense (DOD) field activity from executing an acquisition strategy that includes a consolidation of contract requirements with a total value in excess of $5 million unless the senior procurement executive first: (1) conducts market research; (2) identifies any alternative contracting approaches that would involve a lesser degree of consolidation of contract requirements; and (3) determines that the consolidation is necessary and justified. Prohibits the head of any other Federal agency from undertaking a consolidation of contract requirements with a total value in excess of $2 million without that agency's senior procurement executive meeting such requirements. Requires additional assessments and actions with respect to a consolidated contract valued at more than $7 million. Considers the consolidation necessary and justified if the benefits of the acquisition strategy substantially exceed the benefits of each of the possible alternative contracting approaches.

Requires in an annual report on contract bundling a description of best practices for maximizing small business prime and subcontracting opportunities.

Directs the SBA to assign at least one procurement center representative: (1) at each major procurement center; and (2) for each State. Requires separate and distinct duties of a procurement center representative and a commercial market representative.

Replaces references to bundled contract with references to consolidated contracts.

Requires the Comptroller General to study, and report to Congress and the SBA on, the feasibility of setting thresholds, based on industry category, for permitting the consolidation of contract requirements to proceed without being subject to the additional benefit analyses required by this section.

(Sec. 402) Requires each Federal agency, after consultation with the SBA, to: (1) identify a percentage of the procurement budget of that agency to be awarded to small business concerns, and to include such information in its required annual strategic plan; and (2) report, as part of its annual performance plan, the extent to which the agency achieved such goals.

Requires each senior procurement executive or manager and each small and disadvantaged business utilization manager of a Federal agency having contracting authority to have as an annual performance evaluation factor the success of that procurement employee in small business utilization.

Makes the Director of Small and Disadvantaged Business Utilization for DOD responsible only to the Under Secretary of Defense for Acquisition, Technology, and Logistics. Requires annual DOD reports on small business utilization to be sent to each agency member of the President's Management Council.

(Sec. 403) Requires any adjustment to the simplified acquisition threshold under the Office of Federal Procurement Policy Act to be immediately matched by an identical adjustment to the small business reserve, for purposes of reserved contracts for small business participation in Federal prime contracts. Requires contracting officers, in the case of orders under multiple award contracts that are subject to the small business reserve, to consider not less than two small businesses if such businesses can offer the items sought on competitive terms with equivalent goods or services available in the market. Requires semiannual reports from the Comptroller General to the SBA and small business committees on the level of small business participation in multiple award contracts.

(Sec. 404) Requires small business subcontracting plans to include a certification that the offeror or bidder will acquire articles or services from small businesses in the amount used in preparing the bid or proposal. Provides penalties for false certifications.

(Sec. 405) Requires the SBA to share subcontracting compliance review data with Federal contracting officers and to update a national centralized Government-wide database with information on prime contractor past performance with respect to subcontracting plan compliance. Requires a contracting officer to refer to the inspector general of the affected agency a material breach of agency non-compliance with a subcontracting plan.

(Sec. 406) Allows a Federal agency, after a finding of failure of a civilian agency prime contractor to make timely payments to subcontractors for work performed under a Federal contract, to withhold from the prime contractor the amounts due to subcontractors and to make direct payments to such subcontractors. Terminates such authority at the end of FY 2006.

(Sec. 407) Requires the Comptroller General (currently the Administrator) to: (1) conduct a study to identify industries in which small businesses owned and controlled by women are underrepresented with respect to Federal procurement contracting; and (2) report study results to Congress.

(Sec. 408) Extends through FY 2006 the HUBZone program (Federal contracting assistance to small businesses located in historically underutilized business areas).

(Sec. 409) Includes military base closure areas within the definition of HUBZone for purposes of eligibility for contracting assistance. Treats a base closure area as a HUBZone for five years after the date of its closure. States that a military base closed before the date of enactment of this Act shall not be treated as a HUBZone for such purposes.

(Sec. 410) Includes as a qualifying HUBZone small business any small business investment company, specialized small business investment company, new markets venture capital company, or other similar investment company, as long as such company comprises not more than 15 percent of the ownership of the subject small business.

(Sec. 411) Requires procurement regulations issued by DOD to be amended as necessary to carry out the amendments made under this title.

Title V: Miscellaneous - (Sec. 501) Redesignates the Office of Minority Small Business Capital Ownership Development as the Office of Business Development.

(Sec. 502) Extends through FY 2006: (1) the small business innovation research rural outreach program; and (2) the Federal and State technology partnership program.

(Sec. 503) Requires annual reports from the Associate Administrator of Business Development to the small business committees on the effectiveness of the BusinessLINC program.]]>

Small Business Administration 50th Anniversary Reauthorization Act of 2003 Display Title Small Business Administration 50th Anniversary Reauthorization Act of 2003 Official Title as Introduced A bill to provide for the reauthorization of programs administered by the Small Business Administration, and for other purposes. Introduced in Senate IS Short Titles as Passed Senate Small Business Administration 50th Anniversary Reauthorization Act of 2003 S Senate Short Titles as Introduced for portions of this bill Native American Small Business Development Act Short Titles as Reported to Senate for portions of this bill Native American Small Business Development Act S Senate Short Titles as Reported to Senate for portions of this bill National Women's Business Council Independence Preservation Act of 2003 S Senate Short Titles as Introduced Small Business Administration 50th Anniversary Reauthorization Act of 2003 Short Titles as Passed Senate for portions of this bill Native American Small Business Development Act S Senate Short Titles as Passed Senate for portions of this bill National Women's Business Council Independence Preservation Act of 2003 S Senate Short Titles as Passed Senate for portions of this bill Small Business Intermediary Lending Pilot Program Act of 2003 S Senate Short Titles as Reported to Senate for portions of this bill Small Business Intermediary Lending Pilot Program Act of 2003 S Senate Short Titles as Reported to Senate Small Business Administration 50th Anniversary Reauthorization Act of 2003 S Senate 1788 108 SAMDT To make certain technical corrections. 2022-02-03T05:38:11Z 2003-09-26 Amendment SA 1788 agreed to in Senate by Unanimous Consent. SA 1788 https://www.congress.gov/amendment/108th-congress/senate-amendment/1788 S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 1 1 K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2003-09-26 True 2003-09-26T04:00:00Z 2003-09-26T04:00:00Z Senate 108 S Senate S 1375 Small Business Administration 50th Anniversary Reauthorization Act of 2003 2023-01-15T07:03:00Z 6 2003-09-26 0 Senate Amendment SA 1788 agreed to in Senate by Unanimous Consent. Floor 2003-09-26 0 Senate Amendment SA 1788 proposed by Senator Frist for Senator Snowe. (consideration: CR S12094-12095; text: CR S12094-12095) To make certain technical corrections. Floor 2003-09-26 Senate amendment agreed to: Amendment SA 1788 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress 2003-09-26 Senate amendment submitted Floor 91000 9 Library of Congress 2003-09-26 Senate amendment proposed (on the floor): Amendment SA 1788 proposed by Senator Frist for Senator Snowe.(consideration: CR S12094-12095; text: CR S12094-12095) Floor 93000 9 Library of Congress Engrossed in Senate 2003-09-26T04:00:00Z Reported to Senate 2003-08-26T04:00:00Z Introduced in Senate 2003-07-08T04:00:00Z 2003-09-30 Held at the desk. 18:29:23 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.