[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4944 Reported in House (RH)]






                                                 Union Calendar No. 531
106th CONGRESS
  2d Session
                                H. R. 4944

                          [Report No. 106-880]

To amend the Small Business Act to permit the sale of guaranteed loans 
made for export purposes before the loans have been fully disbursed to 
                               borrowers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 25, 2000

 Mr. Manzullo introduced the following bill; which was referred to the 
                      Committee on Small Business

                           September 21, 2000

                      Additional sponsor: Mr. Wise

                           September 21, 2000

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to permit the sale of guaranteed loans 
made for export purposes before the loans have been fully disbursed to 
                               borrowers.

    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 Loan 
Improvement Act of 2000''.

SEC. 2. SALE OF GUARANTEED LOANS MADE FOR EXPORT PURPOSES.

    Section 5(f)(1)(C) of the Small Business Act (15 U.S.C. 
634(f)(1)(C)) is amended to read as follows:
            ``(C) each loan, except each loan made under section 
        7(a)(14), shall have been disbursed to the borrower prior to 
        any sale.''.
                                                 Union Calendar No. 531

106th CONGRESS

  2d Session

                               H. R. 4944

                          [Report No. 106-880]

_______________________________________________________________________

                                 A BILL

To amend the Small Business Act to permit the sale of guaranteed loans 
made for export purposes before the loans have been fully disbursed to 
                               borrowers.

_______________________________________________________________________

                           September 21, 2000

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed