1.This Act may be cited as
the Military Reservist and Veteran
Small Business Reauthorization and Opportunity Act of
2007
.
2.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 meanings given those terms 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="ID6c1fa427ade54c39ab4f08fda8cd09a4"><enum>101.</enum><header>Increased
funding for the Office of Veterans Business Development</header>
<subsection id="idDFE14B3BDAD441D883A3EAA6B5E8D325"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">There are authorized
to be appropriated to the Office of Veterans Business Development of the
Administration, to remain available until expended—</text>
<paragraph id="ID4905b98495604141bbd8c13b95fc5bda"><enum>(1)</enum><text>$2,100,000 for
fiscal year 2008;</text>
</paragraph><paragraph id="ID35f6699212ba47bf995b6bd2a38cbb9c"><enum>(2)</enum><text>$2,300,000 for
fiscal year 2009; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID992f7676933b45b18049dce7f163941a"><enum>(3)</enum><text>$2,500,000 for
fiscal year 2010.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id60FD84C03B97403C985C8808695AD971"><enum>(b)</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="idA905A317E57F4CE3BC526982AC1E608F"><enum>102.</enum><header>Interagency
task force</header><text display-inline="no-display-inline">Section 32 of the
Small Business Act (15 U.S.C. 657b) is amended by adding at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="id58B44BA1D2D64CEF9EEC17268D2FB542" style="OLC">
<subsection commented="no" display-inline="no-display-inline" id="id7E29D0A295FC45E8AC71DBE19844FC91"><enum>(d)</enum><header display-inline="yes-display-inline">Interagency task force</header>
<paragraph id="ID4358ff5cca1f44ac944c208b6e6cca4a"><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 increase capital and business development
opportunities for, and increase the award of Federal contracting and
subcontracting opportunities to, 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="IDef8c6b9313654fa38afbba92def47950"><enum>(2)</enum><header>Membership</header><text>The
members of the task force shall include—</text>
<subparagraph id="id0A9FF1395ADC4E72AE43604C5EA60B50"><enum>(A)</enum><text>the
Administrator, who shall serve as chairperson of the task force;</text>
</subparagraph><subparagraph id="id61A4FC48A5A7418B9B317CC7269DEFBD"><enum>(B)</enum><text>a representative
from—</text>
<clause id="IDdb5b153eab9e42adb5c2d1028c8afbb1"><enum>(i)</enum><text>the Department of
Veterans Affairs;</text>
</clause><clause id="ID4b7e9783237f465cb83d96488efd4963"><enum>(ii)</enum><text>the Department
of Defense;</text>
</clause><clause id="ID1ffad7ba7f924749b18c500ffbcbae53"><enum>(iii)</enum><text>the
Administration (in addition to the Administrator);</text>
</clause><clause id="ID1f0b1b09828b40baa4f2ae22d7efdfaa"><enum>(iv)</enum><text>the Department
of Labor;</text>
</clause><clause id="ID8b4f876052d34dc49f4c55d14ae553bc"><enum>(v)</enum><text>the General
Services Administration; and</text>
</clause><clause id="ID7aa306e398ca443fba59c559e9608a7b"><enum>(vi)</enum><text>the Office of
Management and Budget; and</text>
</clause></subparagraph><subparagraph id="id61AF90F502DC49BEA81C793D30348449"><enum>(C)</enum><text>4 representatives
of veterans service organizations, selected by the President.</text>
</subparagraph></paragraph><paragraph id="IDf07c6b352c3542aca2d6829cbb0813c1"><enum>(3)</enum><header>Duties</header><text>The
task force shall coordinate administrative and regulatory activities and
develop proposals relating to—</text>
<subparagraph id="IDd4639159d8524a2b87447b0691639ead"><enum>(A)</enum><text>increasing
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>
</subparagraph><subparagraph id="ID4af17dd6c4834667890f7ef87363aed1"><enum>(B)</enum><text>increasing access
to Federal contracting and subcontracting for small business concerns owned and
controlled by service-disabled veterans and small business concerns owned and
controlled by veterans through increased use of contract reservations, expanded
mentor-protégé assistance, and matching such small business concerns with
contracting opportunities;</text>
</subparagraph><subparagraph id="IDae9c3d66e5794417932cdc2f8fea5e6a"><enum>(C)</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>
</subparagraph><subparagraph id="IDac93dfb89c92406f8de2db056a9b4638"><enum>(D)</enum><text>reducing
paperwork and administrative burdens on veterans in accessing business
development and entrepreneurship opportunities; and</text>
</subparagraph><subparagraph id="ID7a097163b78d4d71b3fcbd1ef0f43dbe"><enum>(E)</enum><text>making other
improvements relating to the support for veterans business development by the
Federal Government.</text>
</subparagraph></paragraph><paragraph id="ID0a1d2bcf6e644cebb8b0bdcabb6c46ea"><enum>(4)</enum><header>Reporting</header><text>The
task force shall submit an annual report regarding its activities and proposals
to—</text>
<subparagraph id="id4F7EA1FC783B42B2AC6666B330D7382C"><enum>(A)</enum><text>the Committee on
Small Business and Entrepreneurship and the Committee on Veterans' Affairs of
the Senate; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idA220C856D56D439BB9ED3469909027CC"><enum>(B)</enum><text>the Committee on
Small Business and the Committee on Veterans' Affairs of the House of
Representatives.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="ID250caab6d2c1457d9f7d1122f46475cb"><enum>103.</enum><header>Permanent
extension of SBA Advisory Committee on veterans business affairs</header>
<subsection id="IDbb639487e9b944dfa9841071ebff99bc"><enum>(a)</enum><header>Assumption of
duties</header><text>Section 33 of the Small Business Act (15 U.S.C. 657c) is
amended—</text>
<paragraph id="ID4cf716caa39249f59928a650bff207c7"><enum>(1)</enum><text>by striking
subsection (h); and</text>
</paragraph><paragraph id="ID9e2796ab9ce34c6296a1c15297d9e778"><enum>(2)</enum><text>by redesignating
subsections (i) through (k) as subsections (h) through (j),
respectively.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID55fc05fc60724413b686ee17219e7196"><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><enum>II</enum><header>National
Reservist Enterprise Transition and Sustainability</header>
<section id="ID622e5d13510445c29de64e0824e856c7"><enum>201.</enum><header>Short
title</header><text display-inline="no-display-inline">This title may be cited
as the <quote><short-title>National Reservist Enterprise
Transition and Sustainability Act of 2007</short-title></quote>.</text>
</section><section id="ID005c7a210f2b420287571afa19822f37"><enum>202.</enum><header>Purpose</header><text display-inline="no-display-inline">The purpose of this title is to establish a
program to—</text>
<paragraph id="IDd048150992924f63a32b7973d99a2c50"><enum>(1)</enum><text>provide
managerial, financial, planning, development, technical, and regulatory
assistance to small business concerns owned and operated by Reservists;</text>
</paragraph><paragraph id="IDe9b05679408d4489ac373aa418184b86"><enum>(2)</enum><text>provide
managerial, financial, planning, development, technical, and regulatory
assistance to the temporary heads of small business concerns owned and operated
by Reservists;</text>
</paragraph><paragraph id="IDb329248d788f4f9db6a1e0a4f9dd3333"><enum>(3)</enum><text>create a
partnership between the Small Business Administration, the Department of
Defense, and the Department of Veterans Affairs to assist small business
concerns owned and operated by Reservists;</text>
</paragraph><paragraph id="IDc9a28e9b3b7a470581969fc0f683c42b"><enum>(4)</enum><text>utilize the
service delivery network of small business development centers, women's
business centers, Veterans Business Outreach Centers, and centers operated by
the National Veterans Business Development Corporation to expand the access of
small business concerns owned and operated by Reservists to programs providing
business management, development, financial, procurement, technical,
regulatory, and marketing assistance;</text>
</paragraph><paragraph id="IDfa53668c77d94a93ae21a172768c4e1e"><enum>(5)</enum><text>utilize the
service delivery network of small business development centers, women's
business centers, Veterans Business Outreach Centers, and centers operated by
the National Veterans Business Development Corporation to quickly respond to an
activation of Reservists that own and operate small business concerns;
and</text>
</paragraph><paragraph id="ID904370f0cc214e24821d1da903838e18"><enum>(6)</enum><text>utilize the
service delivery network of small business development centers, women's
business centers, Veterans Business Outreach Centers, and centers operated by
the National Veterans Business Development Corporation to assist Reservists
that own and operate small business concerns in preparing for future military
activations.</text>
</paragraph></section><section id="ID5cc90dfab6ec4f6e99d88b84ff4ee092"><enum>203.</enum><header>National guard
and reserve business assistance</header>
<subsection id="IDbb1571602d454e539de33cd29daf1b2a"><enum>(a)</enum><header>In
general</header><text>Section 21(a)(1) of the Small Business Act (15 U.S.C.
648(a)(1)) is amended by inserting <quote>any small business development
center, women's business center, Veterans Business Outreach Center, or center
operated by the National Veterans Business Development Corporation providing
enterprise transition and sustainability assistance to Reservists under section
37,</quote> after <quote>any women's business center operating pursuant to
section 29,</quote>.</text>
</subsection><subsection id="ID1fe7ae64c19545af8524ad8c6fbedb26"><enum>(b)</enum><header>Program</header><text>The
Small Business Act (15 U.S.C. 631 et seq.) is amended—</text>
<paragraph id="IDa502dab33f2544009c3e5ab9a9301c8e"><enum>(1)</enum><text>by redesignating
section 37 (15 U.S.C. 631 note) as section 38; and</text>
</paragraph><paragraph id="ID473786e0d3164622920bae7f9de40740"><enum>(2)</enum><text>by inserting
after section 36 the following:</text>
<quoted-block display-inline="no-display-inline" id="id27A775A187C34918A527634699A8F3E0" style="OLC">
<section id="ID945ab910e7c44d678cd8ee0a858042b6"><enum>37.</enum><header>Reservist
enterprise transition and sustainability</header>
<subsection id="ID1817ad08c780460b9cdaae2f32fc29b9"><enum>(a)</enum><header>In
general</header><text>The Administrator shall establish a program to provide
business planning assistance to small business concerns owned and operated by
Reservists.</text>
</subsection><subsection id="ID4b7e61a31a6f46f682197f637dd9fdb0"><enum>(b)</enum><header>Definitions</header><text>In
this section—</text>
<paragraph id="ID73d162f6a78f43e2ade90b34246592ef"><enum>(1)</enum><text>the terms
<term>activated</term> and <term>activation</term> mean having received an
order placing a Reservists on active duty, as defined by section 101(1) of
title 10, United States Code;</text>
</paragraph><paragraph id="ID8a7d3fe227ea48f49d384b19f8928ebe"><enum>(2)</enum><text>the term
<term>Administrator</term> means the Administrator of the Small Business
Administration, acting through the Associate Administrator for Small Business
Development Centers;</text>
</paragraph><paragraph id="ID5638e37695ce489ab98380454c625de7"><enum>(3)</enum><text>the term
<term>Association</term> means the association established under section
21(a)(3)(A);</text>
</paragraph><paragraph id="id800D2072D4EC4049B50CA98846525563"><enum>(4)</enum><text>the term
<term>eligible applicant</term> means—</text>
<subparagraph id="id722D265A53CD4385BBE23992DE0AFEAE"><enum>(A)</enum><text>a small business
development center that is accredited under section 21(k);</text>
</subparagraph><subparagraph id="id83DDCD1761AF4A94A60DC91256D2CD3B"><enum>(B)</enum><text>a women's
business center;</text>
</subparagraph><subparagraph id="ID3a749440c7b94ed4a7fb696862c9beb2"><enum>(C)</enum><text>a Veterans
Business Outreach Center that receives funds from the Office of Veterans
Business Development; or</text>
</subparagraph><subparagraph id="idDB0A59620D0B466BBD14847E51F87F42"><enum>(D)</enum><text>an information
and assistance center operated by the National Veterans Business Development
Corporation under section 33;</text>
</subparagraph></paragraph><paragraph id="ID7087c9e1625f432594adb6061afdadde"><enum>(5)</enum><text>the term
<term>enterprise transition and sustainability assistance</term> means
assistance provided by an eligible applicant to a small business concern owned
and operated by a Reservist, who has been activated or is likely to be
activated in the next 12 months, to develop and implement a business strategy
for the period while the owner is on active duty and 6 months after the date of
the return of the owner;</text>
</paragraph><paragraph id="IDb3b67e557235460ea59fa48b2857bc6f"><enum>(6)</enum><text>the term
<term>Reservist</term> means any person who is—</text>
<subparagraph id="IDe7e7153d8bf04f1a94573975d449ab0f"><enum>(A)</enum><text>a member of a
reserve component of the Armed Forces, as defined by section 10101 of title 10,
United States Code; and</text>
</subparagraph><subparagraph id="IDcdb17d3575b74d55889efc69c494cb3a"><enum>(B)</enum><text>on active status,
as defined by section 101(d)(4) of title 10, United States Code;</text>
</subparagraph></paragraph><paragraph id="ID7ee97c52d7934871b64edef81db01f41"><enum>(7)</enum><text>the term
<term>small business development center</term> means a small business
development center as described in section 21 of the Small Business Act (15
U.S.C. 648);</text>
</paragraph><paragraph id="ID601d97f5b03b4d198c718a067138e249"><enum>(8)</enum><text>the term
<term>State</term> means each of the several States of the United States, the
District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands,
American Samoa, and Guam; and</text>
</paragraph><paragraph id="id077B456BEE594929991B825BD298A682"><enum>(9)</enum><text>the term
<term>women's business center</term> means a women's business center described
in section 29 of the Small Business Act (15 U.S.C. 656).</text>
</paragraph></subsection><subsection id="ID8d7fd5621fd447fd88c2f3c6d44237e1"><enum>(c)</enum><header>Authority</header><text>The
Administrator may award grants, in accordance with the regulations developed
under subsection (d), to eligible applicants to assist small business concerns
owned and operated by Reservists by—</text>
<paragraph id="ID4e8a73c9fcdd4dcab347ff43dcbddac2"><enum>(1)</enum><text>providing
management, development, financing, procurement, technical, regulatory, and
marketing assistance;</text>
</paragraph><paragraph id="ID89827db3403e463da4ca7e0d29df8c16"><enum>(2)</enum><text>providing access
to information and resources, including Federal and State business assistance
programs;</text>
</paragraph><paragraph id="ID148d107104d844c281e5519702b41f8a"><enum>(3)</enum><text>distributing
contact information provided by the Department of Defense regarding activated
Reservists to corresponding State directors;</text>
</paragraph><paragraph id="ID20b257a664094b9fb368747e1cd8f0b2"><enum>(4)</enum><text>offering free,
one-on-one, in-depth counseling regarding management, development, financing,
procurement, regulations, and marketing;</text>
</paragraph><paragraph id="ID613accd40b8d4ec48dca3ab1f00b4b3f"><enum>(5)</enum><text>assisting in
developing a long-term plan for possible future activation; and</text>
</paragraph><paragraph id="IDef020936c3aa4f58aad7faa9cef09267"><enum>(6)</enum><text>providing
enterprise transition and sustainability assistance.</text>
</paragraph></subsection><subsection id="IDa0d86d43c7b14ed3b12425fc1d302768"><enum>(d)</enum><header>Rulemaking</header>
<paragraph id="ID65cacacef6b04269aaff1798444d6acb"><enum>(1)</enum><header>In
general</header><text>The Administrator, in consultation with the Association
and after notice and an opportunity for comment, shall promulgate regulations
to carry out this section.</text>
</paragraph><paragraph id="ID92b4b8d400cb4d8ca2124df2ff163959"><enum>(2)</enum><header>Deadline</header><text>The
Administrator shall promulgate final regulations not later than 180 days of the
date of enactment of the <short-title>Military Reservist
and Veteran Small Business Reauthorization and Opportunity Act of
2007</short-title>.</text>
</paragraph><paragraph id="IDafedcb997148416c886abb069886ce34"><enum>(3)</enum><header>Contents</header><text>The
regulations developed by the Administrator under this subsection shall
establish—</text>
<subparagraph id="IDafb9975d9f5c437c97e9e0031964799a"><enum>(A)</enum><text>procedures for
identifying, in consultation with the Secretary of Defense, States that have
had a recent activation of Reservists;</text>
</subparagraph><subparagraph id="ID26fa86e9ba294e0bbb818c4e0d33e173"><enum>(B)</enum><text>priorities for
the types of assistance to be provided under the program authorized by this
section;</text>
</subparagraph><subparagraph id="ID53bdf6e9983041e39792fbc6077fb0e6"><enum>(C)</enum><text>standards
relating to educational, technical, and support services to be provided by a
grantee;</text>
</subparagraph><subparagraph id="IDa8ef8d2f14bc4f37950eaa1182c3716d"><enum>(D)</enum><text>standards
relating to any national service delivery and support function to be provided
by a grantee;</text>
</subparagraph><subparagraph id="ID47196f6668d649619fed83379f896968"><enum>(E)</enum><text>standards
relating to any work plan that the Administrator may require a grantee to
develop; and</text>
</subparagraph><subparagraph id="ID80ee6cad583b4f1f9b4c356a1f61eb19"><enum>(F)</enum><text>standards
relating to the educational, technical, and professional competency of any
expert or other assistance provider to whom a small business concern may be
referred for assistance by a grantee.</text>
</subparagraph></paragraph></subsection><subsection id="IDa135b3fc3b444cb9b42c9ecf62772a6d"><enum>(e)</enum><header>Application</header>
<paragraph id="ID1a7f3c8804bd4617b190481e77baac74"><enum>(1)</enum><header>In
general</header><text>Each eligible applicant desiring a grant under this
section shall submit an application to the Administrator at such time, in such
manner, and accompanied by such information as the Administrator may reasonably
require.</text>
</paragraph><paragraph id="IDc9b258929c734a76be9f0d81db24b50a"><enum>(2)</enum><header>Contents</header><text>Each
application submitted under paragraph (1) shall describe—</text>
<subparagraph id="ID1afb734af3a2431ba2f133ecc870ce9c"><enum>(A)</enum><text>the activities
for which the applicant seeks assistance under this section; and</text>
</subparagraph><subparagraph id="ID9fbcdf1b9cfc4102b6a42085b0357c88"><enum>(B)</enum><text>how the applicant
plans to allocate funds within its network.</text>
</subparagraph></paragraph><paragraph id="IDd5f7ef175c694d16aff6574afd450eca"><enum>(3)</enum><header>Matching not
required</header><text>Subparagraphs (A) and (B) of section 21(a)(4), requiring
matching funds, shall not apply to grants awarded under this section.</text>
</paragraph></subsection><subsection id="IDc6a10d6b2bd347f28e3847712d45f26f"><enum>(f)</enum><header>Award of
grants</header>
<paragraph id="IDf5d8c7c8b5dd40b9822e1186e4d2a557"><enum>(1)</enum><header>Deadline</header><text>The
Administrator shall award grants not later than 60 days after the promulgation
of final rules and regulations under subsection (d).</text>
</paragraph><paragraph id="ID86bd16cf1dce45a28bbaee2d3326f84c"><enum>(2)</enum><header>Amount</header><text>Each
eligible applicant awarded a grant under this section shall receive a grant in
an amount—</text>
<subparagraph id="IDad6433c68984416fb1dc0886754e5b03"><enum>(A)</enum><text>not less than
$75,000 per fiscal year; and</text>
</subparagraph><subparagraph id="IDd848d99dbca94b4b95979557b9ab53d5"><enum>(B)</enum><text>not greater than
$300,000 per fiscal year.</text>
</subparagraph></paragraph></subsection><subsection id="ID545fbce4f620489b9890dd2cf05f34dd"><enum>(g)</enum><header>Report</header>
<paragraph id="ID1f205e6beb6e48e9a98af3c8e99155f5"><enum>(1)</enum><header>In
general</header><text>The Comptroller General of the United States
shall—</text>
<subparagraph id="ID335e7e1da1ed46f28f1c6dac0b30e2e3"><enum>(A)</enum><text>initiate an
evaluation of the program not later than 30 months after the disbursement of
the first grant under this section; and</text>
</subparagraph><subparagraph id="ID084158be30944160952a3915ecd25075"><enum>(B)</enum><text>submit a report
not later than 6 months after the initiation of the evaluation under paragraph
(1) to—</text>
<clause id="ID0fdc85e704e949faad3e1506e5819e3f"><enum>(i)</enum><text>the
Administrator;</text>
</clause><clause id="IDf4e830c79d5149e2b291c9d4c565d524"><enum>(ii)</enum><text>the Committee on
Small Business and Entrepreneurship of the Senate; and</text>
</clause><clause id="ID93aca1272b4b48fcacd9ab7d7dcf140c"><enum>(iii)</enum><text>the Committee
on Small Business of the House of Representatives.</text>
</clause></subparagraph></paragraph><paragraph id="ID3dbe3601a4694d78a04c2f6d3881f272"><enum>(2)</enum><header>Contents</header><text>The
report under paragraph (1) shall—</text>
<subparagraph id="ID4a54a4dcdf8d43129a8094f5e9ab2e13"><enum>(A)</enum><text>address the
results of the evaluation conducted under paragraph (1); and</text>
</subparagraph><subparagraph id="IDbf3fb0e6305246da9d568877d9f8bf47"><enum>(B)</enum><text>recommend changes
to law, if any, that it believes would be necessary or advisable to achieve the
goals of this section.</text>
</subparagraph></paragraph></subsection><subsection id="IDf955734c5e314d6c852bcc3a2258df79"><enum>(h)</enum><header>Authorization
of appropriations</header>
<paragraph id="IDf321fc5c6f62409286ce735b4833c8c7"><enum>(1)</enum><header>In
general</header><text>There are authorized to be appropriated to carry out this
section—</text>
<subparagraph id="ID8b9120a52cf74a3b9ae0b20a8faead3d"><enum>(A)</enum><text>$5,000,000 for
the first fiscal year beginning after the date of enactment of the
<short-title>Military Reservist and Veteran Small Business
Reauthorization and Opportunity Act of 2007</short-title>; and</text>
</subparagraph><subparagraph id="IDff2da292521b41088f821cf6b7b3b3e9"><enum>(B)</enum><text>$5,000,000 for
each of the 3 fiscal years following the fiscal year described in subparagraph
(A).</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID793cb0b980c74737952a728b45878be4"><enum>(2)</enum><header>Limitation on
use of other funds</header><text>The Administrator may carry out the program
authorized by this section only with amounts appropriated in advance
specifically to carry out this
section.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><enum>III</enum><header>Reservist
programs</header>
<section id="id733BEBD7C9A441FAA8AE4C3D93A6060C"><enum>301.</enum><header>Reservist
programs</header>
<subsection id="idA38091557E9C4BA4A5FB9D452D8126DF"><enum>(a)</enum><header>Application
period</header><text display-inline="yes-display-inline">Section 7(b)(3)(C) of
the Small Business Act (15 U.S.C. 636(b)(3)(C)) is amended by striking
<quote>90 days</quote> and inserting <quote>1 year</quote>.</text>
</subsection><subsection id="IDd02cc16a8fb34fe586c4c9e7ce1d27c3"><enum>(b)</enum><header>Pre-consideration
process</header>
<paragraph id="id5DEEB3605D0D45BCADBEFDD87BED94E8"><enum>(1)</enum><header>Definition</header><text display-inline="yes-display-inline">In this subsection, the term <term>eligible
Reservist</term> means a Reservist who—</text>
<subparagraph id="idF3EA8666DF2E4C5DAE0709FC4130C78B"><enum>(A)</enum><text display-inline="yes-display-inline">has not been ordered to active duty;</text>
</subparagraph><subparagraph id="id8E3BEE07A7B1492DB193D7B0E3038E89"><enum>(B)</enum><text display-inline="yes-display-inline">expects to be ordered to active duty during
a period of military conflict; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id90BAA44306F74C5C81C40281475A0490"><enum>(C)</enum><text display-inline="yes-display-inline">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="idD671F0FC06BD4CA5A14911015855AD54"><enum>(2)</enum><header>Establishment</header><text display-inline="yes-display-inline">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="id8833BF428BE941EF834407D18CB25B49"><enum>(A)</enum><text display-inline="yes-display-inline">may collect all relevant materials
necessary for processing a loan to a small business concern under section
7(b)(3) of the Small Business Act (15 U.S.C. 636(b)(3)) before an eligible
Reservist employed by that small business concern is activated; and</text>
</subparagraph><subparagraph id="id56F30BDD2E364799B1988003071E6C9D"><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="id341CF3F152C34DDFB953FDC322EDA478"><enum>(c)</enum><header>Outreach and
technical assistance program</header>
<paragraph id="id98EBD4A21080498EB14AF8A6829C3678"><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, shall develop a comprehensive outreach
and technical assistance program (in this subsection referred to as the
<quote>program</quote>) to—</text>
<subparagraph id="id2ABD62E062F84820ABD53E16049EF53A"><enum>(A)</enum><text>market the loans
available under section 7(b)(3) of the Small Business Act (15 U.S.C. 636(b)(3))
to Reservists, and family members of Reservists, that are on active duty and
that are not on active duty; and</text>
</subparagraph><subparagraph id="idFB21E8D03594446D96E8AA06BA60D5AF"><enum>(B)</enum><text>provide technical
assistance to a small business concern applying for a loan under that
section.</text>
</subparagraph></paragraph><paragraph id="id1E850A5116B546EFBDBC6437D0A4BCEA"><enum>(2)</enum><header>Components</header><text>The
program shall—</text>
<subparagraph id="idCB981E1E69504787807F4BB87F302691"><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="id4F7A354241A84367B7E52FE4DEF488B6"><enum>(B)</enum><text>require that
information on the program is made available to small business concerns
directly through—</text>
<clause id="idCE7FA2C9B6CF44C2B36C35EC608829F2"><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="id8850AB1B73924559997FC0326D160F99"><enum>(ii)</enum><text>other Federal
agencies, including the Department of Veterans Affairs and the Department of
Defense.</text>
</clause></subparagraph></paragraph><paragraph id="ID47ddd036a98d4700af2531bb681e2d88"><enum>(3)</enum><header>Report</header>
<subparagraph id="id53CCC4B1EA114DD7938E5EF8CA420ECE"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">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="id771DE770C1E24EC3958C4AD2C8663B4E"><enum>(B)</enum><header>Contents</header><text display-inline="yes-display-inline">Each report submitted under subparagraph
(A) shall include—</text>
<clause id="idA22FE20AAD29402CBE7815FCE8A8AFF3"><enum>(i)</enum><text display-inline="yes-display-inline">for the 6-month period ending on the date
of that report—</text>
<subclause id="id6F31EB8AEC974F179E8FFB8EBD239955"><enum>(I)</enum><text display-inline="yes-display-inline">the number of loans approved under section
7(b)(3) of the Small Business Act (15 U.S.C. 636(b)(3));</text>
</subclause><subclause id="idB7D06168F0614A05978CD65C8832CA06"><enum>(II)</enum><text display-inline="yes-display-inline">the number of loans disbursed under that
section; and</text>
</subclause><subclause id="id4B2A2D7423B449ABAB7CFA55106D6474"><enum>(III)</enum><text display-inline="yes-display-inline">the total amount disbursed under that
section; and</text>
</subclause></clause><clause id="idD4BBC4D1CBB24F21B87B30F89B88766A"><enum>(ii)</enum><text display-inline="yes-display-inline">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="idD907AEC317174A0E888687F407C95EA1"><enum>302.</enum><header>Reservist
loans</header>
<subsection commented="no" display-inline="no-display-inline" id="id7DBEC34B692C4F349AADC2CD79353193"><enum>(a)</enum><header>In
general</header><text>Section 7(b)(3)(E) of the Small Business Act (15 U.S.C.
636(b)(3)(E)) is amended by striking <quote>$1,500,000</quote> each place such
term appears and inserting <quote>$2,000,000</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id4F0BAA7E18434D4D9861B47B1B06B084"><enum>(b)</enum><header>Loan
information</header>
<paragraph commented="no" display-inline="no-display-inline" id="idB901C8DAB67E4AFE9A1BE5684EF916B2"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">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>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id4A4ABF1CAD6B40B8BB0225F57E532908"><enum>(2)</enum><header>Marketing</header><text display-inline="yes-display-inline">The Administrator is authorized—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idFCCF9C2CEF6143348E83BC89FE49CBB5"><enum>(A)</enum><text display-inline="yes-display-inline">to advertise and promote the program under
section 7(b)(3) of the Small Business Act jointly with the Secretary of Defense
and veterans’ service organizations; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id1AB1444A8BA8470587BBBBCBE73363B1"><enum>(B)</enum><text display-inline="yes-display-inline">to advertise and promote participation by
lenders in such program jointly with trade associations for banks or other
lending institutions.</text>
</subparagraph></paragraph></subsection></section><section id="id9B25AFDE262F4823B45F4B680A6540DC"><enum>303.</enum><header>Noncollateralized
loans</header><text display-inline="no-display-inline">Section 7(b)(3) of the
Small Business Act (15 U.S.C. 636(b)(3)) is amended by adding at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="idEE3901102B64436287B1D75CEAB5A647" style="OLC">
<subparagraph id="idCF7537D88D7042EE9F900E8C06297968"><enum>(G)</enum><clause commented="no" display-inline="yes-display-inline" id="idCD1E217583B74D82AE180A6A53DA27D5"><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="idD82608F1A69644AE9AE14D00FE433BCD" 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="id82BD1FAA0C0642F2A6796AB71E687C85"><enum>(I)</enum><text>the 1-year period beginning on the date
of the initial disbursement of the loan; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="id0801D829E09F4EED8CA44A86F109C038"><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="id95990F641E8E4D439C6E8A97E834D881"><enum>304.</enum><header>Loan
priority</header><text display-inline="no-display-inline">Section 7(b)(3) of
the Small Business Act (15 U.S.C. 636(b)(3)), as amended by this Act, is
amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id2BBD1D1B4A084F148FB41DA29461B02B" style="OLC">
<subparagraph commented="no" display-inline="no-display-inline" id="id15C3F5C7B3BA4259A55121A252CCD9A0"><enum>(H)</enum><text display-inline="yes-display-inline">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="ID2441754637514F3BB68C9EC3130EFF9D"><enum>305.</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> (15 U.S.C. 632(q))
is amended by adding at the end the following:</text>
<quoted-block act-name="Small Business Act" display-inline="no-display-inline" id="ID3F1F2E39DDB94362AC047E9F5A55F5B6" style="OLC">
<paragraph id="IDC8F6E88582A44EA4BEB8C3CB697B52B7"><enum>(5)</enum><header>Relief from
time limitations</header>
<subparagraph id="ID6CA2B11F2DFE42D9B72B9F6FC3CAC257"><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 available to
small business concerns shall be extended for a small business concern
that—</text>
<clause id="IDAE03DBDB795C4CD49C4F7D02029848B4"><enum>(i)</enum><text>is owned and
controlled by—</text>
<subclause id="IDACCDDA6F4C4046C69DF8690875999FEE"><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="IDB79EAE151FBF4426A03EEFE457ED7CC8"><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="ID56540F5FEDE84294A3C724A24B71D6F3"><enum>(ii)</enum><text>was subject to
the time limitation during such period of active duty.</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDAFC9F5929F604E85BAA8EB749CF1F064"><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></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="IDdf9efeee0d764a01aaec42eaaf016a51"><enum>306.</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="idDDC000ED5882475FB74C30A0F1B02712"><enum>(1)</enum><text display-inline="yes-display-inline">the types of assistance needed by
service-disabled veterans who wish to become entrepreneurs; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idC3BF5DBFD25943EABEECCCE551F4D3CF"><enum>(2)</enum><text display-inline="yes-display-inline">any resources that would assist such
service-disabled veterans.</text>
</paragraph></section><section id="IDD9679912C5214398A484848EE6587264"><enum>307.</enum><header>Study on
options for promoting positive working relations between employers and their
Reserve component employees</header>
<subsection id="ID2B2CDD319A734534B468A5822C146A15"><enum>(a)</enum><header>Study
Required</header><text>The Secretary of Defense 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="ID85851AF921CF446C98A14F88D5DF6188"><enum>(b)</enum><header>Report</header>
<paragraph id="id08E76CDF43974F15B74BFD6148969E28"><enum>(1)</enum><header>In
general</header><text>Not later than 180 days after the date of enactment of
this Act, the Secretary of Defense shall submit to the appropriate committees
of Congress a report on the study conducted under subsection (a).</text>
</paragraph><paragraph id="idA9B3CCFE569B431D952E54F6BAA658BA"><enum>(2)</enum><header>Contents</header><text>The
report submitted under paragraph (1) shall—</text>
<subparagraph id="ID500f4ea4e23e4d859f10d3ae5640f5f0"><enum>(A)</enum><text>provide a
quantitative and qualitative assessment of—</text>
<clause id="id72AC1E69CF1C4C4CBD202D7D73396B32"><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="id3CB7DF96DC274D4895EB921F0DAFCC48"><enum>(ii)</enum><text>how effective
such measures have been; and</text>
</clause><clause id="id3C75E40DFB114DB798E600A9EFB01545"><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="id77DE1A34F7B34894950A0A145BF1636D"><enum>(B)</enum><text>assess whether
there has been a reduction in the hiring of Reservists by business concerns
because of—</text>
<clause commented="no" id="id4AFA4FF931544CFA9D488632953C1851"><enum>(i)</enum><text display-inline="yes-display-inline">any increase in the use of Reservists after
September 11, 2001; or</text>
</clause><clause commented="no" display-inline="no-display-inline" id="idCB1FF0A25B174E3C9DB5C600F6907069"><enum>(ii)</enum><text display-inline="yes-display-inline">any change in any policy of the Department
of Defense relating to Reservists after September 11, 2001.</text>
</clause></subparagraph></paragraph></subsection><subsection id="ID7534B34C95BE432A8E9AD88AECC4FCCD"><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="ID1FACEC4DE5E64A888B51F81BD070E8D7"><enum>(1)</enum><text>the Committee on
Armed Services and the Committee on Small Business and Entrepreneurship of the
Senate; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID46D02302357E4B799EFD74D1BF62E097"><enum>(2)</enum><text>the Committee on
Armed Services and the Committee on Small Business of the House of
Representatives.</text>
</paragraph></subsection></section>