3.0.0 738 2023-01-11T19:46:59Z 2023-01-11T19:46:59Z Senate S S 2007-03-01 110 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2007-03-01T23:10:00Z 2007-03-01 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S2504-2505) IntroReferral 2007-03-01 Sponsor introductory remarks on measure. (CR S2503-2504) IntroReferral B00100 9 Library of Congress 2007-03-01 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2007-03-01 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2007-03-01 True C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN 2007-03-01 True P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2007-03-15 False Commerce Economics and Public Finance Executive reorganization Exports Federal employees Federally-guaranteed loans Finance and Financial Sector Foreign Trade and International Finance Foreign trade promotion Government Operations and Politics Government lending Liens Manufacturing industries Small Business Administration Small business Commerce 00 2007-03-01 Introduced in Senate 2007-05-03T18:53:22Z Small Business International Trade Enhancements Act of 2007 - Amends the Small Business Act to establish an Associate Administrator for International Trade as the head of the Office of International Trade of the Small Business Administration (SBA), who shall be responsible for international trade policy. Grants the SBA Administrator the authority to appoint additional Associate Administrators.

Requires United States Export Assistance Centers (export centers/one-stop shops) to aid the Office in maintaining a trade distribution network for trade promotion and trade assistance for small businesses. Requires the Office to establish annual goals to enhance the export capabilities of small businesses and small manufacturers to compete against foreign entities.

Directs the Office, in order to provide small businesses access to certain export financing programs, to appoint at least one trade financial specialist within the SBA to oversee international loan programs and assist SBA employees with trade finance issues.

Directs the SBA Administrator to ensure that the number of full-time equivalent Office employees assigned to one-stop shops for U.S. exporters is at least the number that were assigned on January 1, 2003.

Increases: (1) the total outstanding amount of an international trade loan guaranteed by the SBA under the Export Working Capital Program; (2) the maximum amount of an international trade loan; and (3) the maximum amount available for export working capital, supplies, or financing. Allows such loan to be secured by a second lien position on the property or equipment financed by the loan or on other assets of the small business concern. (Currently, a first lien position or first mortgage on the property, equipment, or other business assets is required.)

]]> Small Business International Trade Enhancements Act of 2007 Official Title as Introduced A bill to amend the Small Business Act to improve the Office of International Trade, and for other purposes. Introduced in Senate IS Display Title Small Business International Trade Enhancements Act of 2007 Short Titles as Introduced Small Business International Trade Enhancements Act of 2007 Introduced in Senate 2007-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s738is/xml/BILLS-110s738is.xml 2007-03-01 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S2504-2505) 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.