3.0.0 3277 2019-11-15T21:59:31Z 2019-11-15T21:59:31Z Senate S S 2012-06-07 112 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2012-06-07T20:03:34Z 2012-06-07 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2012-06-07 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2012-06-07 True Commerce Advisory bodies Competitiveness, trade promotion, trade deficits Congressional oversight Government employee pay, benefits, personnel management Government lending and loan guarantees Rural conditions and development Small Business Administration Small business User charges and fees Commerce 00 2012-06-07 Introduced in Senate 2012-10-11T14:13:21Z Go Global Act of 2012 - Amends the Small Business Act to allow the Administrator of the Small Business Administration (SBA) to employ additional export finance specialists in the 15 states with the greatest volume of exports, as determined through a study required under the Small Business Jobs Act of 2010.

Directs the Administrator to develop a program to cross-train export finance specialists: (1) with personnel within the SBA's Office of International Trade (Office) on the export financing programs of the Department of Agriculture (USDA) and the Foreign Agricultural Service (FAS); and (2) with personnel within such Office, small business development centers, women's business centers, the Service Corps of Retired Executives, export assistance centers, and other SBA resource partners on the export assistance and business counseling programs of the USDA. Requires: (1) information on loans provided through programs of the USDA and FAS to be included in a required annual SBA list of export finance lenders, and (2) an annual SBA list of rural export assistance resources.

Directs the Administrator to establish a program to register export management companies and export trading companies.

Requires the Office to encourage the participation of SBA employees and resource partners in reverse trade missions hosted or sponsored by the federal government.

Authorizes the Administrator to waive section 7(a) (general small business loans) loan fees in the case of a small business: (1) exporting for the first time, or (2) certified as eligible to apply for trade adjustment assistance under the Trade Act of 1974. Requires the Administrator to report to the small business committees, in each of FY2013-FY2016, on such fee waivers. Provides a specified reallocation of funds from the Community Adjustment and Investment Program to the SBA's Export Expansion Investment Program.

Amends the Small Business Jobs Act of 2010 to add the Commonwealth of the Northern Mariana Islands to the list of U.S. territories and possessions eligible for SBA grants to carry out export programs that assist certain small businesses.

Expresses the sense of Congress in support of: (1) small business representation on international trade promotion advisory panels, councils, and boards; and (2) detailing SBA staff to other federal agencies for training on export assistance programs.

Directs the SBA's Associate Administrator for International Trade to: (1) develop and maintain a small business trade strategy to be included within the government-wide strategic plan for federal trade promotion, and (2) report annually to the small business committees on such strategy.

Requires the Administrator to report to such committees on any SBA memoranda of understanding entered into and their benefit to small businesses.

]]> Go Global Act of 2012 Short Titles as Introduced Go Global Act of 2012 Display Title Go Global Act of 2012 Official Title as Introduced A bill to encourage exporting by small business concerns, and for other purposes. Introduced in Senate 2012-06-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3277is/xml/BILLS-112s3277is.xml 2012-06-07 Read twice and referred to the Committee on Small Business and Entrepreneurship. 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.