[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2267 Introduced in Senate (IS)]

  2d Session
                                 S. 2267

 To amend section 29(k) of the Small Business Act to establish funding 
                priorities for women's business centers.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 31, 2004

 Ms. Snowe (for herself Mr. Domenici, and Mr.  Chaffe) introduced the 
 following bill; which was read twice and referred to the Committee on 
                  Small Business and Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
 To amend section 29(k) of the Small Business Act to establish funding 
                priorities for women's business centers.

    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 ``Women's Sustainability Recovery Act 
of 2004''.

SEC. 2. WOMEN'S BUSINESS CENTERS.

    (a) In General.--Section 29(k) of the Small Business Act (15 U.S.C. 
656(k)) is amended--
            (1) in paragraph (2), by adding at the end the following:
                    ``(C) Funding priority.--Subject to available 
                funds, and reservation of funds, the Administration 
                shall, for fiscal year 2004, allocate--
                            ``(i) $150,000 for each eligible women's 
                        business center established under subsection 
                        (b), except for centers that request a lesser 
                        amount;
                            ``(ii) from the funds reserved under 
                        subsection (k)(4)(A), not more than $125,000, 
                        in equal amounts, to each eligible women's 
                        business center established under subsection 
                        (l), except for centers that request a lesser 
                        amount; and
                            ``(iii) any funds remaining after 
                        allocations are made under clauses (i) and (ii) 
                        to new eligible women's business centers and 
                        eligible women's business centers that did not 
                        receive funding in the prior fiscal year under 
                        subsection (b).''; and
            (2) in paragraph (4)(A), by adding at the end the 
        following:
                            ``(v) For fiscal year 2004, 48 percent.''.
    (b) Sunset Date.--The amendments made by subsection (a) are 
repealed on October 1, 2004.
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