HR 4253 ENR: To improve and expand small business U.S. House of Representatives 0 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.
I One Hundred Tenth Congress of the United States of America At the Second SessionBegun and held at the City of Washington on Thursday, the third day of January, two thousand and eight H. R. 4253 AN ACT To improve and expand small business assistance programs for veterans of the armed forces and military reservists, and for other purposes.
1.
Short title
This Act may be cited as the Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008.
2.
Table of contents
The table of contents for this Act is as follows: Sec. 1. Short title. Sec. 2. Table of contents. Sec. 3. Definitions. Title I—VETERANS BUSINESS DEVELOPMENT Sec. 101. Increased funding for the Office of Veterans Business Development. Sec. 102. Interagency task force. Sec. 103. Permanent extension of SBA Advisory Committee on Veterans Business Affairs. Sec. 104. Office of Veterans Business Development. Sec. 105. Increasing the number of outreach centers. Sec. 106. Independent study on gaps in availability of outreach centers. Sec. 107. Veterans assistance and services program. Title II—RESERVIST PROGRAMS Sec. 201. Reservist programs. Sec. 202. Reservist loans. Sec. 203. Noncollateralized loans. Sec. 204. Loan priority. Sec. 205. Relief from time limitations for veteran-owned small businesses. Sec. 206. Service-disabled veterans. Sec. 207. Study on options for promoting positive working relations between employers and their Reserve Component employees. Sec. 208. Increased Veteran Participation Program.
3.
Definitions
In this Act— (1)the term activated means receiving an order placing a Reservist on active duty; (2)the term active duty has the meaning given that term in section 101 of title 10, United States Code; (3)the terms Administration and Administrator mean the Small Business Administration and the Administrator thereof, respectively; (4)the term Reservist means a member of a reserve component of the Armed Forces, as described in section 10101 of title 10, United States Code; (5)the term Service Corps of Retired Executives means the Service Corps of Retired Executives authorized by section 8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1)); (6)the terms service-disabled veteran and small business concern have the meaning as in section 3 of the Small Business Act (15 U.S.C. 632); (7)the term small business development center means a small business development center described in section 21 of the Small Business Act (15 U.S.C. 648); and (8)the term women’s business center means a women’s business center described in section 29 of the Small Business Act (15 U.S.C. 656).
<enum>I</enum><header>VETERANS BUSINESS DEVELOPMENT</header> <section id="H5D527204A0F7499A9EB9E0B0A224D92F"><enum>101.</enum><header>Increased funding for the Office of Veterans Business Development</header> <subsection id="H749D3A62435144BD90F2008772BC78D7"><enum>(a)</enum><header>In General</header><text>There are authorized to be appropriated to the Office of Veterans Business Development of the Administration, to remain available until expended—</text> <paragraph id="HA4EDA8FE80D746C689FA85BBB4EEF471"><enum>(1)</enum><text>$2,100,000 for fiscal year 2008; and</text> </paragraph><paragraph id="HBDCB18F2D3E947B793C1119EF9346532"><enum>(2)</enum><text>$2,300,000 for fiscal year 2009.</text> </paragraph></subsection><subsection id="H882A66A991A94BA1AB06095048CB99A3"><enum>(b)</enum><header>Funding Offset</header><text>Amounts necessary to carry out subsection (a) shall be offset and made available through the reduction of the authorization of funding under section 20(e)(1)(B)(iv) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/631">15 U.S.C. 631</external-xref> note).</text> </subsection><subsection id="H6D34F242026E4FD1898984006CD04092"><enum>(c)</enum><header>Sense of Congress</header><text>It is the sense of Congress that any amounts provided pursuant to this section that are in excess of amounts provided to the Administration for the Office of Veterans Business Development in fiscal year 2007, should be used to support Veterans Business Outreach Centers.</text> </subsection></section><section id="HB655D61EEAB14434AE428415E889F947"><enum>102.</enum><header>Interagency task force</header><text display-inline="no-display-inline">Section 32 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/657b">15 U.S.C. 657b</external-xref>) is amended—</text> <paragraph id="H366B752B62F94C09B06731A2567C66F1"><enum>(1)</enum><text>by redesignating subsection (c) as (f); and</text> </paragraph><paragraph id="HC1C60F70D04D42F68CBE48E78418BB01"><enum>(2)</enum><text>by inserting after subsection (b) the following:</text> <quoted-block id="HDA29919DC0564B0EBD1265E6DEBEE707" style="OLC"> <subsection id="HA2F8F28D4FD140F99EACC3CF64099A5"><enum>(c)</enum><header>Interagency Task Force</header> <paragraph id="H3B41C79D9F3C4B5BB67E4D9BDD281674"><enum>(1)</enum><header>Establishment</header><text>Not later than 90 days after the date of enactment of this subsection, the President shall establish an interagency task force to coordinate the efforts of Federal agencies necessary to improve capital and business development opportunities for, and ensure achievement of the pre-established Federal contracting goals for, small business concerns owned and controlled by service-disabled veterans and small business concerns owned and controlled by veterans (in this section referred to as the <quote>task force</quote>).</text> </paragraph><paragraph id="H07FDC64725C047E8BB20A4A441049D84"><enum>(2)</enum><header>Membership</header><text>The members of the task force shall include—</text> <subparagraph id="H6C5C26D812704057A39C75CF9EAB64FE"><enum>(A)</enum><text>the Administrator, who shall serve as chairperson of the task force; and</text> </subparagraph><subparagraph id="H7EDC89495BD04F518E533311A97FCE75"><enum>(B)</enum><text>a senior level representative from—</text> <clause id="H029A6E18B9F841300012F474045995E5"><enum>(i)</enum><text>the Department of Veterans Affairs;</text> </clause><clause id="HF572372D31BF4CE1A1A594001E72DB4D"><enum>(ii)</enum><text>the Department of Defense;</text> </clause><clause id="H21B21D2E3FEA464DADFCB465989729EE"><enum>(iii)</enum><text>the Administration (in addition to the Administrator);</text> </clause><clause id="HFDCB8CA164814D04B3BC4DCBED00E0C3"><enum>(iv)</enum><text>the Department of Labor;</text> </clause><clause id="H90619ED4A11F45FE9D96740596E66784"><enum>(v)</enum><text>the Department of the Treasury;</text> </clause><clause id="HA6A48DF3B61640AB93DEDD615EFF8602"><enum>(vi)</enum><text>the General Services Administration;</text> </clause><clause id="H24A41FC885DD4F2480EBAA19903E2156"><enum>(vii)</enum><text>the Office of Management and Budget; and</text> </clause><clause id="HA7907246A64846C088ABD58FB2DBB7E"><enum>(viii)</enum><text display-inline="yes-display-inline">4 representatives from a veterans service organization or military organization or association, selected by the President.</text> </clause></subparagraph></paragraph><paragraph id="H24FB1AE9900A40028FBF00D3ACA05F79"><enum>(3)</enum><header>Duties</header><text>The task force shall—</text> <subparagraph id="HE001AA906D484204931001CBFA491F16"><enum>(A)</enum><text>consult regularly with veterans service organizations and military organizations in performing the duties of the task force; and</text> </subparagraph><subparagraph id="H2006D2E20A2848278D55329E506EAD00"><enum>(B)</enum><text>coordinate administrative and regulatory activities and develop proposals relating to—</text> <clause id="HD0E8A0C780BB41F9A0619240A82CBDFD"><enum>(i)</enum><text>improving capital access and capacity of small business concerns owned and controlled by service-disabled veterans and small business concerns owned and controlled by veterans through loans, surety bonding, and franchising;</text> </clause><clause id="H566FE3E3A4FA4A8AA0B232C2C2C20317"><enum>(ii)</enum><text>ensuring achievement of the pre-established Federal contracting goals for small business concerns owned and controlled by service-disabled veterans and small business concerns owned and controlled by veterans through expanded mentor-protégé assistance and matching such small business concerns with contracting opportunities;</text> </clause><clause id="HFD8FE1EAB4BD4EDCA0AF9763F4EF86A1"><enum>(iii)</enum><text>increasing the integrity of certifications of status as a small business concern owned and controlled by service-disabled veterans or a small business concern owned and controlled by veterans;</text> </clause><clause id="H5118BF9AD54E41229CAF1403754B001C"><enum>(iv)</enum><text>reducing paperwork and administrative burdens on veterans in accessing business development and entrepreneurship opportunities;</text> </clause><clause id="H43F1C57090DC4C53924610B824DA3EAA"><enum>(v)</enum><text>increasing and improving training and counseling services provided to small business concerns owned and controlled by veterans; and</text> </clause><clause id="HC80AF78453BA46D9B5DBDE051544377D"><enum>(vi)</enum><text>making other improvements relating to the support for veterans business development by the Federal Government.</text> </clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section id="H3E96A908CDE54B5E904667B15C4DB55E"><enum>103.</enum><header>Permanent extension of SBA Advisory Committee on Veterans Business Affairs</header> <subsection id="H122B624E154842F694AAF919EF94592B"><enum>(a)</enum><header>Assumption of Duties</header><text>Section 33 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/657c">15 U.S.C. 657c</external-xref>) is amended—</text> <paragraph id="HD4F051A6504249B38B10A19083DD16A"><enum>(1)</enum><text>by striking subsection (h); and</text> </paragraph><paragraph id="HEC6540F247104ED4AAFE920070951C58"><enum>(2)</enum><text>by redesignating subsections (i) through (k) as subsections (h) through (j), respectively.</text> </paragraph></subsection><subsection id="H4CADD50F962243ADA264F564CD087D89"><enum>(b)</enum><header>Permanent Extension of Authority</header><text>Section 203 of the Veterans Entrepreneurship and Small Business Development Act of 1999 (15 U.S.C. 657b note) is amended by striking subsection (h).</text> </subsection></section><section id="HE3DF266D45224E9FACADD968FF00E05C"><enum>104.</enum><header>Office of Veterans Business Development</header><text display-inline="no-display-inline">Section 32 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/657b">15 U.S.C. 657b</external-xref>) is amended by inserting after subsection (c) (as added by section 102) the following:</text> <quoted-block act-name="Small Business Act" id="H69C590AAD7BD47AE975809F1D4E1839D" style="OLC"> <subsection id="HF9BBE4D5DE54449B87BA04CDE7C7C37"><enum>(d)</enum><header>Participation in TAP Workshops</header> <paragraph id="H21285546317E4C10BFDCBFCC7BD11D95"><enum>(1)</enum><header>In general</header><text>The Associate Administrator shall increase veteran outreach by ensuring that Veteran Business Outreach Centers regularly participate, on a nationwide basis, in the workshops of the Transition Assistance Program of the Department of Labor.</text> </paragraph><paragraph id="H7BB95BB0277A4228B31E16FAD4C4CDCE"><enum>(2)</enum><header>Presentations</header><text>In carrying out paragraph (1), a Veteran Business Outreach Center may provide grants to entities located in Transition Assistance Program locations to make presentations on the opportunities available from the Administration for recently separating or separated veterans. Each presentation under this paragraph shall include, at a minimum, a description of the entrepreneurial and business training resources available from the Administration.</text> </paragraph><paragraph id="H84B200FDA1194060B4C2E100DA64CF2F"><enum>(3)</enum><header>Written materials</header><text>The Associate Administrator shall—</text> <subparagraph id="HF238F9DD6AE142AAB0BDC04383A664E8"><enum>(A)</enum><text>create written materials that provide comprehensive information on self-employment and veterans entrepreneurship, including information on resources available from the Administration on such topics; and</text> </subparagraph><subparagraph id="H2332E9EBB48B4FE6AD005D6CDDA29E97"><enum>(B)</enum><text>make the materials created under subparagraph (A) available to the Secretary of Labor for inclusion in the Transition Assistance Program manual.</text> </subparagraph></paragraph><paragraph id="H7C3E116CF292420D8E79C13CDF482CFD"><enum>(4)</enum><header>Reports</header><text>The Associate Administrator shall submit to Congress progress reports on the implementation of this subsection.</text> </paragraph></subsection><subsection id="H23FA810187B34063BD1C1800D2D35E00"><enum>(e)</enum><header>Women Veterans Business Training</header><text display-inline="yes-display-inline">The Associate Administrator shall—</text> <paragraph id="H855F4D5386DE4FACAB8700B39BF8738C"><enum>(1)</enum><text>compile information on existing resources available to women veterans for business training, including resources for—</text> <subparagraph id="H6B1F0AA2536E4F0CB7F1893EF39C1C64"><enum>(A)</enum><text>vocational and technical education;</text> </subparagraph><subparagraph id="H147D16DFBB5E4046ADA9D640009186E2"><enum>(B)</enum><text>general business skills, such as marketing and accounting; and</text> </subparagraph><subparagraph id="HA667BCAE911C4937BD93E816B17C9459"><enum>(C)</enum><text>business assistance programs targeted to women veterans; and</text> </subparagraph></paragraph><paragraph id="HA13E6135BCAF44AB9E6028A5E10050E0"><enum>(2)</enum><text>disseminate the information compiled under paragraph (1) through Veteran Business Outreach Centers and women’s business centers.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H19868DE32C084D0FA475E03E3C739132"><enum>105.</enum><header>Increasing the number of outreach centers</header> <subsection id="HD216CC0D9B8C4F6ABFBEC4E282EE22EA"><enum>(a)</enum><header>In General</header><text>The Administrator shall use the authority in section 8(b)(17) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 637(b)(17)) to ensure that the number of Veterans Business Outreach Centers throughout the United States increases—</text> <paragraph id="H830B42C6B084425E90236F43A62CC456"><enum>(1)</enum><text>subject to subsection (b), by at least 2, for each of fiscal years 2008 and 2009; and</text> </paragraph><paragraph id="H1E4BBD7A1BF946AE8FD8437101014F46"><enum>(2)</enum><text>by the number that the Administrator considers appropriate, based on need, for each fiscal year thereafter.</text> </paragraph></subsection><subsection id="H3B465A18925A42FCB1C77159D0F3F97"><enum>(b)</enum><header>Limitation</header><text>Subsection (a)(1) shall apply in a fiscal year if, for that fiscal year, the amount made available for the Office of Veterans Business Development is more than the amount made available for the Office of Veterans Business Development for fiscal year 2007.</text> </subsection></section><section id="H300CE439F34541E89805E6ABA5261D00"><enum>106.</enum><header>Independent study on gaps in availability of outreach centers</header><text display-inline="no-display-inline">The Administrator shall sponsor an independent study on gaps in the availability of Veterans Business Outreach Centers across the United States, to inform decisions on funding and on the allocation and coordination of resources. Not later than 6 months after the date of enactment of this Act, the Administrator shall submit to Congress a report on the results of the study.</text> </section><section id="HC1AEE032B9A94A1A83A4E0D7120B194"><enum>107.</enum><header>Veterans assistance and services program</header><text display-inline="no-display-inline">Section 21 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/648">15 U.S.C. 648</external-xref>) is amended by adding at the end the following:</text> <quoted-block act-name="Small Business Act" id="H686EAB32D597413F8524C2DCCDB8A65C" style="OLC"> <subsection id="HAB1A948140514A74AD7DF92CC5A30065"><enum>(n)</enum><header>Veterans Assistance and Services Program</header> <paragraph id="H99CAA7738BD64C6BBA79C0008B2BCBC9"><enum>(1)</enum><header>In general</header><text>A small business development center may apply for a grant under this subsection to carry out a veterans assistance and services program.</text> </paragraph><paragraph id="HDD669C20512A40F3A87300466F83EEFF"><enum>(2)</enum><header>Elements of program</header><text>Under a program carried out with a grant under this subsection, a small business development center shall—</text> <subparagraph id="H7D19043C32B3414DB1A31505AE717D28"><enum>(A)</enum><text>create a marketing campaign to promote awareness and education of the services of the center that are available to veterans, and to target the campaign toward veterans, service-disabled veterans, military units, Federal agencies, and veterans organizations;</text> </subparagraph><subparagraph id="H18B64C9E3C6C47D2A2A5DD39200498B3"><enum>(B)</enum><text>use technology-assisted online counseling and distance learning technology to overcome the impediments to entrepreneurship faced by veterans and members of the Armed Forces; and</text> </subparagraph><subparagraph id="HA81F057BDAFE487086345BDF5DB50A4"><enum>(C)</enum><text>increase coordination among organizations that assist veterans, including by establishing virtual integration of service providers and offerings for a one-stop point of contact for veterans who are entrepreneurs or owners of small business concerns.</text> </subparagraph></paragraph><paragraph id="H0A91D2F15FC146DD896956BC4FF9AC2F"><enum>(3)</enum><header>Amount of grants</header><text>A grant under this subsection shall be for not less than $75,000 and not more than $250,000.</text> </paragraph><paragraph id="HEF9E09E4639942950033997E915FEC71"><enum>(4)</enum><header>Funding</header><text>Subject to amounts approved in advance in appropriations Acts, the Administration may make grants or enter into cooperative agreements to carry out the provisions of this subsection.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section><enum>II</enum><header>RESERVIST PROGRAMS</header> <section id="H5399B039AFC84EBC906864B5E3F1327F"><enum>201.</enum><header>Reservist programs</header> <subsection id="HF5E49F6B464843B39B57ABAB4E6626C2"><enum>(a)</enum><header>Application Period</header><text>Section 7(b)(3)(C) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(b)(3)(C)</external-xref>) is amended—</text> <paragraph id="HE1D1E606FE554281ACBAA2693B9699DA"><enum>(1)</enum><text>by striking <quote>90 days</quote> and inserting <quote>1 year</quote>; and</text> </paragraph><paragraph id="H48C009C5B2954E7D826C254F0001A2C3"><enum>(2)</enum><text>by adding at the end the following: <quote>The Administrator may, when appropriate (as determined by the Administrator), extend the ending date specified in the preceding sentence by not more than 1 year.</quote>.</text> </paragraph></subsection><subsection id="H51A42BC4CE494CF4BC71DF55D000B915"><enum>(b)</enum><header>Pre-Consideration Process</header> <paragraph id="H87A0A0A9499346468F1871F051C57EDE"><enum>(1)</enum><header>Definition</header><text>In this subsection, the term <term>eligible Reservist</term> means a Reservist who—</text> <subparagraph id="H4DD2AFFB3605454DB5F8914D109FFFEE"><enum>(A)</enum><text>has not been ordered to active duty;</text> </subparagraph><subparagraph id="H20119A60C15C430DBE2E5B35087EEDBD"><enum>(B)</enum><text>expects to be ordered to active duty during a period of military conflict; and</text> </subparagraph><subparagraph id="HEA23E7CDCC314EA9B41542F5EA1D0022"><enum>(C)</enum><text>can reasonably demonstrate that the small business concern for which that Reservist is a key employee will suffer economic injury in the absence of that Reservist.</text> </subparagraph></paragraph><paragraph id="HA59DBF5624F14F9086007C35B97B10EC"><enum>(2)</enum><header>Establishment</header><text>Not later than 6 months after the date of enactment of this Act, the Administrator shall establish a pre-consideration process, under which the Administrator—</text> <subparagraph id="H90DBE10F44914B22B287FD90A413AFAE"><enum>(A)</enum><text>may collect all relevant materials necessary for processing a loan to a small business concern under section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(b)(3)</external-xref>) before an eligible Reservist employed by that small business concern is activated; and</text> </subparagraph><subparagraph id="HEA137B0DBC114BA394FCFE707C9B0045"><enum>(B)</enum><text>shall distribute funds for any loan approved under subparagraph (A) if that eligible Reservist is activated.</text> </subparagraph></paragraph></subsection><subsection id="H716344ADAB82489E86416F635FB0A928"><enum>(c)</enum><header>Outreach and Technical Assistance Program</header> <paragraph id="H24D946D6159E4ED2BE9456E3958478AE"><enum>(1)</enum><header>In general</header><text>Not later than 6 months after the date of enactment of this Act, the Administrator, in consultation with the Secretary of Veterans Affairs and the Secretary of Defense, may develop a comprehensive outreach and technical assistance program (in this subsection referred to as the <quote>program</quote>) to—</text> <subparagraph id="H1E3EEDD99EB0486DA3DBDA7EAE81EB15"><enum>(A)</enum><text>market the loans available under section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(b)(3)</external-xref>) to Reservists, and family members of Reservists, that are on active duty and that are not on active duty; and</text> </subparagraph><subparagraph id="H23FF14BA36B14AC6B7F4767E01081660"><enum>(B)</enum><text>provide technical assistance to a small business concern applying for a loan under that section.</text> </subparagraph></paragraph><paragraph id="H0D266349C6CF424289498673535400A5"><enum>(2)</enum><header>Components</header><text>The program shall—</text> <subparagraph id="H44D1A573B610492D83D272AA7FE7BBDB"><enum>(A)</enum><text>incorporate appropriate websites maintained by the Administration, the Department of Veterans Affairs, and the Department of Defense; and</text> </subparagraph><subparagraph id="H8DD428981A32468297489B083F908FCB"><enum>(B)</enum><text>require that information on the program is made available to small business concerns directly through—</text> <clause id="HEA7CFDC659C447CA85A4BFE756764FA"><enum>(i)</enum><text>the district offices and resource partners of the Administration, including small business development centers, women’s business centers, and the Service Corps of Retired Executives; and</text> </clause><clause id="H6277AF4CEA764D48B2D88E4DDDA8A7EE"><enum>(ii)</enum><text>other Federal agencies, including the Department of Veterans Affairs and the Department of Defense.</text> </clause></subparagraph></paragraph><paragraph id="HDDF657C2B22F4163AE67515236E8513B"><enum>(3)</enum><header>Report</header> <subparagraph id="H91ED689EAAD44D488BF2EF40BF158539"><enum>(A)</enum><header>In general</header><text>Not later than 6 months after the date of enactment of this Act, and every 6 months thereafter until the date that is 30 months after such date of enactment, the Administrator shall submit to Congress a report on the status of the program.</text> </subparagraph><subparagraph id="H68E8E82703C3494599E11EF5EAB1398C"><enum>(B)</enum><header>Contents</header><text>Each report submitted under subparagraph (A) shall include—</text> <clause id="HFD095B027BC8403BB3916D1366062929"><enum>(i)</enum><text>for the 6-month period ending on the date of that report—</text> <subclause id="H2F0EF64B7FF248648CF48C74DD4FB29"><enum>(I)</enum><text>the number of loans approved under section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(b)(3)</external-xref>);</text> </subclause><subclause id="H16F563D0574B441CB8F6F064F8E98895"><enum>(II)</enum><text>the number of loans disbursed under that section; and</text> </subclause><subclause id="H25DD39D2FA5848A9B100D071C494A7B8"><enum>(III)</enum><text>the total amount disbursed under that section; and</text> </subclause></clause><clause id="H3B3AD9A814C4443E88FCF451A85F1BEC"><enum>(ii)</enum><text>recommendations, if any, to make the program more effective in serving small business concerns that employ Reservists.</text> </clause></subparagraph></paragraph></subsection></section><section id="HD0E0C14E8B25428C8482A15D125DDC56"><enum>202.</enum><header>Reservist loans</header> <subsection id="HF789EC3A9C0749E08CB000042EC1CADE"><enum>(a)</enum><header>In general</header><text>The Administrator and the Secretary of Defense shall develop a joint website and printed materials providing information regarding any program for small business concerns that is available to veterans or Reservists.</text> </subsection><subsection id="H9DB278F2E64741FA85FF85D475A1BEDF"><enum>(b)</enum><header>Marketing</header><text>The Administrator is authorized—</text> <paragraph id="HF14E5B1734064943AF839F218236EF17"><enum>(1)</enum><text>to advertise and promote the program under section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> jointly with the Secretary of Defense and veterans’ service organizations; and</text> </paragraph><paragraph id="H560B72E53D12476499D0035F586B2C6"><enum>(2)</enum><text>to advertise and promote participation by lenders in such program jointly with trade associations for banks or other lending institutions.</text> </paragraph></subsection></section><section id="HF114459F76B848A685D279E5760090C2"><enum>203.</enum><header>Noncollateralized loans</header><text display-inline="no-display-inline">Section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 636(b)(3)) is amended by adding at the end the following:</text> <quoted-block act-name="Small Business Act" id="HE06C7FD18DC44F17A800DB96D9D45782" style="OLC"> <subparagraph id="H9155A3E48AE4476900B5079B6F7F79DE"><enum>(G)</enum><clause commented="no" display-inline="yes-display-inline" id="H0B4F544FDEE8415296228C50E6C6554F"><enum>(i)</enum><text>Notwithstanding any other provision of law, the Administrator may make a loan under this paragraph of not more than $50,000 without collateral.</text> </clause><clause id="H8B6BCF9524304F2A9EC58EAD1CE300BC" indent="up1"><enum>(ii)</enum><text>The Administrator may defer payment of principal and interest on a loan described in clause (i) during the longer of—</text> <subclause id="HEE1F06C496B64F548D324430132F9246"><enum>(I)</enum><text>the 1-year period beginning on the date of the initial disbursement of the loan; and</text> </subclause><subclause id="H5B5E187FD5944C3D9C679B703958863F"><enum>(II)</enum><text>the period during which the relevant essential employee is on active duty.</text> </subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H3FB231648BCC4F93834780DECAB7C87D"><enum>204.</enum><header>Loan priority</header><text display-inline="no-display-inline">Section 7(b)(3) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 636(b)(3)), as amended by this Act, is amended by adding at the end the following:</text> <quoted-block act-name="Small Business Act" id="H3AAB883F56FA414E946EB39D327D08A" style="OLC"> <subparagraph id="HA62DC0462F354B32814800684766AF7"><enum>(H)</enum><text>The Administrator shall give priority to any application for a loan under this paragraph and shall process and make a determination regarding such applications prior to processing or making a determination on other loan applications under this subsection, on a rolling basis.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H7796EC0968A14B44AD5C41FCCB6CD181"><enum>205.</enum><header>Relief from time limitations for veteran-owned small businesses</header><text display-inline="no-display-inline">Section 3(q) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/632">15 U.S.C. 632(q)</external-xref>) is amended by adding at the end the following:</text> <quoted-block act-name="Small Business Act" id="H5FFB8287744C4054A2FC7FD47CF84709" style="OLC"> <paragraph id="HE95744186FCE41C09ECE3D8CCDAF0997"><enum>(5)</enum><header>Relief from time limitations</header> <subparagraph id="HDD5597C4F8974F30B7F06055E482EF82"><enum>(A)</enum><header>In general</header><text>Any time limitation on any qualification, certification, or period of participation imposed under this Act on any program that is available to small business concerns shall be extended for a small business concern that—</text> <clause id="HB9DFF2DD391D4B29B2B408AF9B46FC04"><enum>(i)</enum><text>is owned and controlled by—</text> <subclause id="HA816EB37A02A44D2B2BC458606829C00"><enum>(I)</enum><text>a veteran who was called or ordered to active duty under a provision of law specified in section 101(a)(13)(B) of title 10, United States Code, on or after September 11, 2001; or</text> </subclause><subclause id="H59BE18B05CBB4CBAA4195BA8CB55D75C"><enum>(II)</enum><text>a service-disabled veteran who became such a veteran due to an injury or illness incurred or aggravated in the active military, naval, or air service during a period of active duty pursuant to a call or order to active duty under a provision of law referred to in subclause (I) on or after September 11, 2001; and</text> </subclause></clause><clause id="H15CD2F9D483540C59638F04269BB10CE"><enum>(ii)</enum><text>was subject to the time limitation during such period of active duty.</text> </clause></subparagraph><subparagraph id="HDD3D4861D9D64BC2BBD49FCE7BED6878"><enum>(B)</enum><header>Duration</header><text>Upon submission of proper documentation to the Administrator, the extension of a time limitation under subparagraph (A) shall be equal to the period of time that such veteran who owned or controlled such a concern was on active duty as described in that subparagraph.</text> </subparagraph><subparagraph id="H791DEC106F4D421D8806BAF341167B00"><enum>(C)</enum><header>Exception for programs subject to federal credit reform act of 1990</header><text>The provisions of subparagraphs (A) and (B) shall not apply to any programs subject to the <act-name parsable-cite="FCRA90">Federal Credit Reform Act of 1990</act-name> (2 U.S.C. 661 et seq.).</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H1B9211EAFA33429BABE915E0B6CFD449"><enum>206.</enum><header>Service-disabled veterans</header><text display-inline="no-display-inline">Not later than 180 days after the date of enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report describing—</text> <paragraph id="H4354148F9CF54C6FBBF50617D8208808"><enum>(1)</enum><text>the types of assistance needed by service-disabled veterans who wish to become entrepreneurs; and</text> </paragraph><paragraph id="HB93129489C654478B560099E86B70094"><enum>(2)</enum><text>any resources that would assist such service-disabled veterans.</text> </paragraph></section><section id="H4121D8664A104507969BFDD791098D21"><enum>207.</enum><header>Study on options for promoting positive working relations between employers and their Reserve Component employees</header> <subsection id="H04DFB19E982F4288A7FB7DB500873592"><enum>(a)</enum><header>Study Required</header><text>The Comptroller General of the United States shall conduct a study on options for promoting positive working relations between employers and Reserve component employees of such employers, including assessing options for improving the time in which employers of Reservists are notified of the call or order of such members to active duty other than for training.</text> </subsection><subsection id="H7FBBA8F9539940128C5EFEBC2CF69F1E"><enum>(b)</enum><header>Report</header> <paragraph id="HEAF328AC58DD4A1C8DC2985FF1D005F4"><enum>(1)</enum><header>In general</header><text>Not later than 180 days after the date of enactment of this Act, the Comptroller General of the United States shall submit to the appropriate committees of Congress a report on the study conducted under subsection (a).</text> </paragraph><paragraph id="H4053DB9E7CD14817819B33026312341B"><enum>(2)</enum><header>Contents</header><text>The report submitted under paragraph (1) shall—</text> <subparagraph id="H7EEEA85012C341809F83035391BC531C"><enum>(A)</enum><text>provide a quantitative and qualitative assessment of—</text> <clause id="H74C34D1730D4446681A2FC98C3418B00"><enum>(i)</enum><text>what measures, if any, are being taken to inform Reservists of the obligations and responsibilities of such members to their employers;</text> </clause><clause id="HF2405844D80B418DA400570096482E93"><enum>(ii)</enum><text>how effective such measures have been; and</text> </clause><clause id="H83ECE470FFEB440B917B68EDBB612E7"><enum>(iii)</enum><text>whether there are additional measures that could be taken to promote positive working relations between Reservists and their employers, including any steps that could be taken to ensure that employers are timely notified of a call to active duty; and</text> </clause></subparagraph><subparagraph id="H3359173367A44DC8B3A73097FDD07183"><enum>(B)</enum><text>assess whether there has been a reduction in the hiring of Reservists by business concerns because of—</text> <clause id="H1460934E83664BD7B2E33076273D0028"><enum>(i)</enum><text>any increase in the use of Reservists after September 11, 2001; or</text> </clause><clause id="HE1AD2F3C608F440784769CDB8CF53E3B"><enum>(ii)</enum><text>any change in any policy of the Department of Defense relating to Reservists after September 11, 2001.</text> </clause></subparagraph></paragraph></subsection><subsection id="H235A22B8D2654EE0B2D969A8D27D1C81"><enum>(c)</enum><header>Appropriate Committees of Congress Defined</header><text>In this section, the term <term>appropriate committees of Congress</term> means—</text> <paragraph id="HE78BBD66EFBC4265B4E9F591B87DF1"><enum>(1)</enum><text>the Committee on Armed Services and the Committee on Small Business and Entrepreneurship of the Senate; and</text> </paragraph><paragraph id="H84FE484330E14BF8833E0517DB655B9C"><enum>(2)</enum><text>the Committee on Armed Services and the Committee on Small Business of the House of Representatives.</text> </paragraph></subsection></section><section id="HAD487887413E4AD689D66351E19B2F75"><enum>208.</enum><header>Increased Veteran Participation Program</header><text display-inline="no-display-inline">Section 7(a) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(a)</external-xref>) is amended by adding at the end the following:</text> <quoted-block act-name="Small Business Act" id="H40EDD94D48AF4FC78113F001E000330" style="OLC"> <paragraph id="H7FF0D1E07C5E4584AE4F2F3916B7D921"><enum>(32)</enum><header>Increased veteran participation program</header> <subparagraph id="H2136E472FDB2430CA5D2FC1F41D2FCB"><enum>(A)</enum><header>Definitions</header><text>In this paragraph—</text> <clause id="H837A512D7D6F49FFBA2F64DDAB8FCC3F"><enum>(i)</enum><text>the term <term>cost</term> has the meaning given that term in section 502 of the <act-name parsable-cite="FCRA90">Federal Credit Reform Act of 1990</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/2/661a">2 U.S.C. 661a</external-xref>);</text> </clause><clause id="H72897B2D5FAE4184BA92E517064920C1"><enum>(ii)</enum><text>the term <term>pilot program</term> means the pilot program established under subparagraph (B); and</text> </clause><clause id="H72B4E2207EAE424DB30669EDD7C52FC"><enum>(iii)</enum><text>the term <term>veteran participation loan</term> means a loan made under this subsection to a small business concern owned and controlled by veterans of the Armed Forces or members of the reserve components of the Armed Forces.</text> </clause></subparagraph><subparagraph id="H77B19AA5B04443478081AABC088CB546"><enum>(B)</enum><header>Establishment</header><text>The Administrator shall establish and carry out a pilot program under which the Administrator shall reduce the fees for veteran participation loans.</text> </subparagraph><subparagraph id="HB7BA91B83A1348DEABC847D9A2705032"><enum>(C)</enum><header>Duration</header><text>The pilot program shall terminate at the end of the second full fiscal year after the date that the Administrator establishes the pilot program.</text> </subparagraph><subparagraph id="H7E12B2BA7B934BFBB7F6FB612EA4F5C"><enum>(D)</enum><header>Maximum participation</header><text>A veteran participation loan shall include the maximum participation levels by the Administrator permitted for loans made under this subsection.</text> </subparagraph><subparagraph id="HF788CC9745414EDFB60817E69F9B8EC6"><enum>(E)</enum><header>Fees</header> <clause id="HF28C5EC5DF334E42B6004CCB007286E5"><enum>(i)</enum><header>In general</header><text>The fee on a veteran participation loan shall be equal to 50 percent of the fee otherwise applicable to that loan under paragraph (18).</text> </clause><clause id="HD562E6EA000B46FB80E0066438EB7DB7"><enum>(ii)</enum><header>Waiver</header><text>The Administrator may waive clause (i) for a fiscal year if—</text> <subclause id="H7D6F00EE23324F6892EB94EFC2C44E00"><enum>(I)</enum><text>for the fiscal year before that fiscal year, the annual estimated rate of default of veteran participation loans exceeds that of loans made under this subsection that are not veteran participation loans;</text> </subclause><subclause id="H5D8C902550B94233B38E6E0077B2B808"><enum>(II)</enum><text>the cost to the Administration of making loans under this subsection is greater than zero and such cost is directly attributable to the cost of making veteran participation loans; and</text> </subclause><subclause id="H4F66E4CF55EA40ACBFB2CB21CDA661E0"><enum>(III)</enum><text>no additional sources of revenue authority are available to reduce the cost of making loans under this subsection to zero.</text> </subclause></clause><clause id="HBBBB7FCBE44844EE89B5539268E18817"><enum>(iii)</enum><header>Effect of waiver</header><text>If the Administrator waives the reduction of fees under clause (ii), the Administrator—</text> <subclause id="HEE49B8F435C441F6A3D578B269CDB2A8"><enum>(I)</enum><text>shall not assess or collect fees in an amount greater than necessary to ensure that the cost of the program under this subsection is not greater than zero; and</text> </subclause><subclause id="HAE90EAC27693415EBC9F64EB83B1EC19"><enum>(II)</enum><text>shall reinstate the fee reductions under clause (i) when the conditions in clause (ii) no longer apply.</text> </subclause></clause><clause id="HDEEED65B8E974CA8B40043C7E586C200"><enum>(iv)</enum><header>No increase of fees</header><text>The Administrator shall not increase the fees under paragraph (18) on loans made under this subsection that are not veteran participation loans as a direct result of the pilot program.</text> </clause></subparagraph><subparagraph id="H2A7182070CBB455A8B54FCF800876B3B"><enum>(F)</enum><header>GAO report</header> <clause id="HFD27032659C94067B4442334ED13D5C2"><enum>(i)</enum><header>In general</header><text>Not later than 1 year after the date that the pilot program terminates, the Comptroller General of the United States shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report on the pilot program.</text> </clause><clause id="H8BD6A3898FAA4DAFB7F3304F092FC2F1"><enum>(ii)</enum><header>Contents</header><text>The report submitted under clause (i) shall include—</text> <subclause id="H1A3B93D7130C4EFD95B6F244E6F00BF"><enum>(I)</enum><text>the number of veteran participation loans for which fees were reduced under the pilot program;</text> </subclause><subclause id="H2472B789CAD14DF6A84C2D5123476870"><enum>(II)</enum><text>a description of the impact of the pilot program on the program under this subsection;</text> </subclause><subclause id="H69330926928042C787F538E9E4372DD8"><enum>(III)</enum><text>an evaluation of the efficacy and potential fraud and abuse of the pilot program; and</text> </subclause><subclause id="H072D167E99084EF2BDD01F07AFADEB65"><enum>(IV)</enum><text>recommendations for improving the pilot program.</text> </subclause></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section> Speaker of the House of Representatives. Vice President of the United States and President of the Senate.