[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2933 Introduced in House (IH)]

  2d Session
                                H. R. 2933

 To amend the Small Business Act concerning the level of participation 
  by the Small Business Administration in loans guaranteed under the 
                    Export Working Capital Program.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 1, 1996

Mr. Baldacci (for himself, Mr. LaFalce, Mr. Hilliard, Mr. Sisisky, Mrs. 
    Clayton, Mr. Meehan, Mr. Bentsen, and Mr. Flake) introduced the 
 following bill; which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
 To amend the Small Business Act concerning the level of participation 
  by the Small Business Administration in loans guaranteed under the 
                    Export Working Capital Program.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Export Working Capital Program 
Enhancement Act of 1995''.

SEC. 2. LEVEL OF PARTICIPATION IN GUARANTEED LOANS UNDER EXPORT WORKING 
              CAPITAL PROGRAM.

    Section 7(a)(2) of the Small Business Act (15 U.S.C. 636(a)(2)) is 
amended by adding at the end the following:
                    ``(D) Participation under export working capital 
                program.--Notwithstanding subparagraph (A), in an 
                agreement to participate in a loan on a deferred basis 
                under the Export Working Capital Program established 
                pursuant to paragraph (14)(A), such participation by 
                the Administration shall be equal to the rate specified 
                under this paragraph as in effect on the day before the 
                date of the enactment of the Small Business Lending 
                Enhancement Act of 1995.''.
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