[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 187 Referral Instructions Senate (RIS)]







107th CONGRESS
  1st Session
                                 S. 187

      To establish the position of Assistant United States Trade 
       Representative for Small Business, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 25, 2001

Ms. Snowe (for herself and Mr. Grassley) introduced the following bill; 
  which was read twice and referred jointly pursuant to the order of 
   August 4, 1977, to the Committees on the Budget and Governmental 
  Affairs, with instructions that if one committee reports, the other 
         committee have thirty days to report or be discharged

_______________________________________________________________________

                                 A BILL


 
      To establish the position of Assistant United States Trade 
       Representative for Small Business, and for other purposes.

    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 ``Small Business Enhancement Act of 
2001''.

SEC. 2. ASSISTANT UNITED STATES TRADE REPRESENTATIVE FOR SMALL 
              BUSINESS.

    The United States Trade Representative shall establish a new 
position of Assistant United States Trade Representative for Small 
Business to promote exports by small businesses and to remove foreign 
impediments to the success of such undertakings.

SEC. 3. CONGRESSIONAL BUDGET OFFICE COST ANALYSIS.

    (a) CBO Analysis.--Title IV of the Congressional Budget Act of 1974 
(2 U.S.C. 651 et seq.) is amended by inserting after section 406 the 
following:

     ``small business cost analysis by congressional budget office

    ``Sec. 407. (a) In General.--The Director of the Congressional 
Budget Office shall, to the extent practicable, prepare for each bill 
or resolution of a public character reported by any committee of the 
House of Representatives or the Senate (except the Committee on 
Appropriations of each House), and submit to that committee--
            ``(1) an estimate of the costs which would be incurred in 
        carrying out that bill or resolution in the fiscal year in 
        which it is to become effective and in each of the 4 fiscal 
        years following such fiscal year, together with the basis for 
        each such estimate;
            ``(2) an estimate of the cost which would be incurred by 
        small businesses in carrying out or complying with any 
        significant bill or resolution in the fiscal year in which it 
        is to become effective and in each of the 4 fiscal years 
        following such fiscal year, together with the basis for each 
        such estimate; and
            ``(3) a comparison of the estimates of costs described in 
        paragraphs (1) and (2) with any available estimates of costs 
        made by such committee or by a Federal agency.
    ``(b) Report.--The estimates, comparison, and description submitted 
pursuant to subsection (a) shall be included in the report accompanying 
the bill or resolution if timely submitted to such committee before 
such report is filed.
    ``(c) Definitions.--In this section--
            ``(1) the term `small business' has the same meaning as the 
        term `small-business concern' in section 3(a) of the Small 
        Business Act (15 U.S.C. 632(a)); and
            ``(2) the term `significant bill or resolution' means any 
        bill or resolution which in the judgment of the Director of the 
        Congressional Budget Office is likely to result in an average 
        annual cost to a small business of $1,000 or more, or is likely 
        to have exceptional fiscal consequences for a geographic region 
        or a particular industry segment.''.
    (b) Conforming Amendment.--The table of contents set forth in 
section 2(b) of the Congressional Budget and Impoundment Control Act of 
1974 is amended by inserting after the item relating to section 406 the 
following:

``Sec. 407. Small business cost analysis by Congressional Budget 
                            Office.''.
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