112th CONGRESS 1st Session H.R. 2608 In the Senate of the United States, July 28, 2011. Amendment:

That the bill from the House of Representatives (H.R. 2608) entitled An Act to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes., do pass with the following

Strike all after the enacting clause and insert the following:

1.

Short title

This Act may be cited as the Small Business Program Extension and Reform Act of 2011.

2.

Additional temporary extension of authorization of programs under the Small Business Act and the Small Business Investment Act of 1958

(a)

In general

Section 1 of the Act entitled An Act to extend temporarily certain authorities of the Small Business Administration, approved October 10, 2006 (Public Law 109–316; 120 Stat. 1742), as most recently amended by section 2 of the Small Business Additional Temporary Extension Act of 2011 (Public Law 112–17; 125 Stat. 221), is amended by striking July 31, 2011 each place it appears and inserting July 31, 2012. (b)

Effective date

The amendments made by subsection (a) shall take effect on July 30, 2011.

3.

Repeals and other terminations

(a)

General provisions

(1)

Effective date

A repeal or other termination of a provision of law made by this section shall take effect on October 1, 2011. (2)

Rule

Nothing in this section shall affect any grant or assistance provided, contract or cooperative agreement entered into, or loan made or guaranteed before October 1, 2011 under a provision of law repealed or otherwise terminated by this section and any such grant, assistance, contract, cooperative agreement, or loan shall be subject to the applicable repealed or otherwise terminated provision, as in effect on September 30, 2011. (3)

Applicability of temporary extensions

A repeal or other termination of a provision of law made by this section shall have effect notwithstanding any temporary extension of programs, authority, or provisions under the Act entitled An Act to extend temporarily certain authorities of the Small Business Administration, approved October 10, 2006 (Public Law 109–316; 120 Stat. 1742). (4)

Deficit reduction

Any savings resulting from this Act and the amendments made by this Act shall be returned to the Treasury for deficit reduction. (b)

Pollution control loans

Paragraph (12) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended— (1)by striking (A) The Administration and inserting The Administration; and (2)by striking research and development and all that follows and inserting research and development.. (c)

Small business institute

Subparagraph (E) of section 8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1)) is repealed. (d)

Drug-Free workplace grants

Paragraph (3) of section 21(c) of the Small Business Act (15 U.S.C. 648(c)) is amended— (1)in subparagraph (R) by adding and at the end; (2)in subparagraph (S) by striking ; and and inserting a period; and (3)by striking subparagraph (T). (e)

Central European small business enterprise development commission

Section 25 of the Small Business Act (15 U.S.C. 652) is repealed. (f)

Paul D. Coverdell drug-Free workplace program

Section 27 of the Small Business Act (15 U.S.C. 654) is repealed. (g)

Pilot technology access program

Section 28 of the Small Business Act (15 U.S.C. 655) is repealed. (h)

National veterans business development corporation

(1)

In general

Section 33 of the Small Business Act (15 U.S.C. 657c) is repealed. (2)

Corporation

Beginning on the date of enactment of this Act, the National Veterans Business Development Corporation and any successor thereto may not represent that the corporation is federally chartered or in any other manner authorized by the Federal Government. (i)

Lease guarantees and pollution control

Part A of title IV of the Small Business Investment Act of 1958 (15 U.S.C. 692 et seq.) is repealed. (j)

Alternative loss reserve

Paragraph (7) of section 508(c) of the Small Business Investment Act of 1958 (15 U.S.C. 697e(c)) is repealed. (k)

Small business telecommuting pilot program

Subsection (d) of section 1203 of the Energy Independence and Security Act of 2007 (15 U.S.C. 657h) is repealed. (l)

Technical and conforming amendments

(1)

Small Business Investment Act of 1958

Section 411(i) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(i)) is amended to read as follows: (i)Without limiting the authority conferred upon the Administrator and the Administration by section 201 of this Act, the Administrator and the Administration shall have, in the performance of and with respect to the functions, powers, and duties conferred by this part, all the authority and be subject to the same conditions prescribed in section 5(b) of the Small Business Act with respect to loans, including the authority to execute subleases, assignments of lease and new leases with any person, firm, organization, or other entity, in order to aid in the liquidation of obligations of the Administration hereunder. . (2)

Title 10

Section 1142(b)(13) of title 10, United States Code, is amended by striking and the National Veterans Business Development Corporation. (3)

Title 38

Subsection (h) of section 3452 of title 38, United States Code, is amended by striking any of the and all that follows and inserting any small business development center described in section 21 of the Small Business Act (15 U.S.C. 648), insofar as such center offers, sponsors, or cosponsors an entrepreneurship course, as that term is defined in section 3675(c)(2).. (4)

Veterans Entrepreneurship and Small Business Development Act of 1999

Section 203(c)(5) of the Veterans Entrepreneurship and Small Business Development Act of 1999 (15 U.S.C. 657b note) is amended by striking In cooperation with the National Veterans Business Development Corporation, develop and inserting Develop.

4.

Termination of emerging leaders program

Notwithstanding any other provision of law, effective October 1, 2011, the Administrator of the Small Business Administration may not carry out or otherwise support the program referred to as Emerging Leaders in the document of the Small Business Administration titled FY 2012 Congressional Budget Justification and FY 2010 Annual Performance Report (or any predecessor or successor document).

Secretary