[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3442 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3442

To provide tax incentives for small businesses, improve programs of the 
         Small Business Administration, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 25, 2012

 Ms. Landrieu introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To provide tax incentives for small businesses, improve programs of the 
         Small Business Administration, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Success Ultimately Comes from 
Capital, Contracting, Education, Strategic Partnerships, and Smart 
Regulations Act of 2012'' or the ``SUCCESS Act of 2012''.

SEC. 2. TABLE OF CONTENTS.

    The table of contents for this Act is as follows:

Sec. 1. Short title.
Sec. 2. Table of contents.
                 TITLE I--SMALL BUSINESS TAX EXTENDERS

Sec. 101. References.
Sec. 102. Extension of temporary exclusion of 100 percent of gain on 
                            certain small business stock.
Sec. 103. Extension of increased amount allowed as a deduction for 
                            start-up expenditures.
Sec. 104. Extension of reduction in recognition period for built-in 
                            gains tax.
Sec. 105. Extension of 5-year carryback of general business credits of 
                            eligible small businesses.
Sec. 106. Extension of increased expensing limitations and treatment of 
                            certain real property as section 179 
                            property.
                      TITLE II--ACCESS TO CAPITAL

  Subtitle A--Expanding Access to Capital for Entrepreneurial Leaders

Sec. 211. Short title.
Sec. 212. Program authorization.
Sec. 213. Family of funds.
Sec. 214. Adjustment for inflation.
Sec. 215. Public availability of information.
Sec. 216. Authorized uses of licensing fees.
Sec. 217. Sense of Congress.
                  Subtitle B--Low-Interest Refinancing

Sec. 221. Low-interest refinancing under the local development business 
                            loan program.
                 Subtitle C--SBA Lender Activity Index

Sec. 231. SBA lender activity index.
                  TITLE III--ACCESS TO GLOBAL MARKETS

Sec. 301. Short title.
Sec. 302. Report on improvements to Export.gov as a single window for 
                            export information.
Sec. 303. Report on developing a single window for information about 
                            export control compliance.
Sec. 304. Promotion of exporting.
Sec. 305. Export control education.
Sec. 306. Small Business Inter-Agency Task Force on Export Financing.
Sec. 307. Promotion of exports by rural small businesses.
Sec. 308. Registry of export management and export trading companies.
Sec. 309. Reverse trade missions.
Sec. 310. State Trade and Export Promotion Grant Program.
Sec. 311. Promotion of interagency details.
Sec. 312. Annual export strategy.
  TITLE IV--ACCESS TO MENTORING, EDUCATION, AND STRATEGIC PARTNERSHIPS

      Subtitle A--Measuring the Effectiveness of Resource Partners

Sec. 411. Expanding entrepreneurship.
              Subtitle B--Women's Small Business Ownership

Sec. 421. Short title.
Sec. 422. Definition.
Sec. 423. Office of Women's Business Ownership.
Sec. 424. Women's Business Center Program.
Sec. 425. Study and report on economic issues facing women's business 
                            centers.
Sec. 426. Study and report on oversight of women's business centers.
 Subtitle C--Strengthening America's Small Business Development Centers

Sec. 431. Institutions of higher education.
Sec. 432. Updating funding levels for small business development 
                            centers.
Sec. 433. Assistance to out-of-state small businesses.
Sec. 434. Termination of small business development center defense 
                            economic transition assistance.
Sec. 435. National Small Business Development Center Advisory Board.
Sec. 436. Repeal of Paul D. Coverdell drug-free workplace program.
  Subtitle D--Terminating the National Veterans Business Development 
                              Corporation

Sec. 441. National Veterans Business Development Corporation.
               TITLE V--ACCESS TO GOVERNMENT CONTRACTING

                           Subtitle A--Bonds

Sec. 511. Removal of sunset dates for certain provisions of the Small 
                            Business Investment Act of 1958.
        Subtitle B--Small Business Contracting Fraud Prevention

Sec. 521. Short title.
Sec. 522. Definitions.
Sec. 523. Fraud deterrence at the Small Business Administration.
Sec. 524. Veterans integrity in contracting.
Sec. 525. Section 8(a) program improvements.
Sec. 526. HUBZone improvements.
Sec. 527. Annual report on suspension, debarment, and prosecution.
     Subtitle C--Fairness in Women-Owned Small Business Contracting

Sec. 531. Short title.
Sec. 532. Procurement program for women-owned small business concerns.
Sec. 533. Study and report on representation of women.
                  Subtitle D--Small Business Champion

Sec. 541. Short title.
Sec. 542. Offices of Small and Disadvantaged Business Utilization.
Sec. 543. Small Business Procurement Advisory Council.
       TITLE VI--TRANSPARENCY, ACCOUNTABILITY, AND EFFECTIVENESS

             Subtitle A--Small Business Common Application

Sec. 611. Definitions.
Sec. 612. Sense of Congress.
Sec. 613. Executive Committee On a Small Business Common Application.
Sec. 614. Authorization of appropriations.
          Subtitle B--Government Accountability Office Review

Sec. 621. Government Accountability Office review.

                 TITLE I--SMALL BUSINESS TAX EXTENDERS

SEC. 101. REFERENCES.

    Except as otherwise expressly provided, whenever in this title an 
amendment or repeal is expressed in terms of an amendment to, or repeal 
of, a section or other provision, the reference shall be considered to 
be made to a section or other provision of the Internal Revenue Code of 
1986.

SEC. 102. EXTENSION OF TEMPORARY EXCLUSION OF 100 PERCENT OF GAIN ON 
              CERTAIN SMALL BUSINESS STOCK.

    (a) In General.--Paragraph (4) of section 1202(a) is amended--
            (1) by striking ``January 1, 2012'' and inserting ``January 
        1, 2014'', and
            (2) by striking ``and 2011'' and inserting ``, 2011, 2012, 
        and 2013'' in the heading thereof.
    (b) Technical Amendments.--
            (1) Special rule for 2009 and certain period in 2010.--
        Paragraph (3) of section 1202(a) is amended by adding at the 
        end the following new flush sentence:
        ``In the case of any stock which would be described in the 
        preceding sentence (but for this sentence), the acquisition 
        date for purposes of this subsection shall be the first day on 
        which such stock was held by the taxpayer determined after the 
        application of section 1223.''.
            (2) 100 percent exclusion.--Paragraph (4) of section 
        1202(a) is amended by adding at the end the following new flush 
        sentence:
        ``In the case of any stock which would be described in the 
        preceding sentence (but for this sentence), the acquisition 
        date for purposes of this subsection shall be the first day on 
        which such stock was held by the taxpayer determined after the 
        application of section 1223.''.
    (c) Effective Dates.--
            (1) In general.--The amendments made by subsection (a) 
        shall apply to stock acquired after December 31, 2011.
            (2) Subsection (b)(1).--The amendment made by subsection 
        (b)(1) shall take effect as if included in section 1241(a) of 
        division B of the American Recovery and Reinvestment Act of 
        2009.
            (3) Subsection (b)(2).--The amendment made by subsection 
        (b)(2) shall take effect as if included in section 2011(a) of 
        the Creating Small Business Jobs Act of 2010.

SEC. 103. EXTENSION OF INCREASED AMOUNT ALLOWED AS A DEDUCTION FOR 
              START-UP EXPENDITURES.

    (a) In General.--Paragraph (3) of section 195(b) is amended--
            (1) by inserting ``, 2012, or 2013'' after ``2010'', and
            (2) by inserting ``2012, and 2013'' in the heading thereof.
    (b) Effective Date.--The amendments made by this section shall 
apply to amounts paid or incurred in taxable years beginning after 
December 31, 2011.

SEC. 104. EXTENSION OF REDUCTION IN RECOGNITION PERIOD FOR BUILT-IN 
              GAINS TAX.

    (a) In General.--Paragraph (7) of section 1374(d) is amended--
            (1) by redesignating subparagraph (C) as subparagraph (D), 
        and
            (2) by inserting after subparagraph (B) the following new 
        subparagraph:
                    ``(C) Special rule for 2012 and 2013.--For 
                dispositions of property in taxable years beginning in 
                2012 or 2013, subparagraphs (A) and (D) shall be 
                applied by substituting `5-year' for `10-year'.''.
    (b) Technical Amendment.--Subparagraph (B) of section 1374(d)(2) is 
amended by inserting ``described in subparagraph (A)'' after ``, for 
any taxable year''.
    (c) Effective Date.--The amendments made by subsection (a) shall 
apply to taxable years beginning after December 31, 2011.

SEC. 105. EXTENSION OF 5-YEAR CARRYBACK OF GENERAL BUSINESS CREDITS OF 
              ELIGIBLE SMALL BUSINESSES.

    (a) In General.--Subparagraph (A) of section 39(a)(4) is amended by 
inserting ``or in taxable years beginning in 2012, or 2013'' after 
``2010''.
    (b) Technical Amendment.--Section 38(c)(5)(B) is amended--
            (1) by striking ``the sum of'', and
            (2) by inserting ``for any taxable year to which 
        subparagraph (A) applies'' after ``or (4)''.
    (c) Effective Date.--
            (1) In general.--The amendment made by subsection (a) shall 
        apply to credits determined in taxable years beginning after 
        December 31, 2011.
            (2) Technical amendments.--The amendments made by 
        subsection (b) shall take effect as if included in section 
        2013(a) of the Creating Small Business Jobs Act of 2010.

SEC. 106. EXTENSION OF INCREASED EXPENSING LIMITATIONS AND TREATMENT OF 
              CERTAIN REAL PROPERTY AS SECTION 179 PROPERTY.

    (a) In General.--
            (1) Dollar limitation.--Section 179(b)(1) is amended--
                    (A) by striking ``and'' at the end of subparagraph 
                (C),
                    (B) by redesignating subparagraph (D) as 
                subparagraph (E),
                    (C) by inserting after subparagraph (C) the 
                following new subparagraph:
                    ``(D) $500,000 in the case of taxable years 
                beginning in 2013, and'', and
                    (D) in subparagraph (E), as so redesignated, by 
                striking ``2012'' and inserting ``2013''.
            (2) Reduction in limitation.--Section 179(b)(2) is 
        amended--
                    (A) by striking ``and'' at the end of subparagraph 
                (C),
                    (B) by redesignating subparagraph (D) as 
                subparagraph (E),
                    (C) by inserting after subparagraph (C) the 
                following new subparagraph:
                    ``(D) $2,000,000 in the case of taxable years 
                beginning in 2013, and'', and
                    (D) in subparagraph (E), as so redesignated, by 
                striking ``2012'' and inserting ``2013''.
    (b) Computer Software.--Section 179(d)(1)(A)(ii) is amended by 
striking ``2013'' and inserting ``2014''.
    (c) Election.--Section 179(c)(2) is amended by striking ``2013'' 
and inserting ``2014''.
    (d) Special Rules for Treatment of Qualified Real Property.--
            (1) In general.--Section 179(f)(1) is amended by striking 
        ``2010 or 2011'' and inserting ``2010, 2011, or 2013''.
            (2) Carryover limitation.--Section 179(f)(4) is amended by 
        striking subparagraphs (A) through (C) and inserting the 
        following:
                    ``(A) In general.--Notwithstanding subsection 
                (b)(3)(B)--
                            ``(i) no amount attributable to qualified 
                        real property placed in service in any taxable 
                        year beginning in 2010 or 2011 may be carried 
                        over to any taxable year beginning after 2011, 
                        and
                            ``(ii) no amount attributable to qualified 
                        real property placed in service in any taxable 
                        year beginning in 2013 may be carried over to 
                        any taxable year beginning after 2013.
                    ``(B) Treatment of disallowed amounts.--Except as 
                provided in subparagraph (C)--
                            ``(i) Taxable years beginning after 2011.--
                        To the extent that any amount is not allowed to 
                        be carried over to a taxable year beginning 
                        after 2011 by reason of subparagraph (A)(i), 
                        this title shall be applied as if no election 
                        under this section had been made with respect 
                        to such amount.
                            ``(ii) Taxable years beginning after 
                        2013.--To the extent that any amount is not 
                        allowed to be carried over to a taxable year 
                        beginning after 2013 by reason of subparagraph 
                        (A)(ii), this title shall be applied as if no 
                        election under this section had been made with 
                        respect to such amount.
                    ``(C) Amounts carried over from certain taxable 
                years.--
                            ``(i) Amounts carried over from 2010.--If 
                        subparagraph (B)(i) applies to any amount (or 
                        portion of an amount) which is carried over 
                        from a taxable year other than the taxpayer's 
                        last taxable year beginning in 2011, such 
                        amount (or portion of an amount) shall be 
                        treated for purposes of this title as 
                        attributable to property placed in service on 
                        the first day of the taxpayer's last taxable 
                        year beginning in 2011.
                            ``(ii) Amounts carried over from 2013.--If 
                        subparagraph (B)(ii) applies to any amount (or 
                        portion of an amount) which is carried over 
                        from a taxable year other than the taxpayer's 
                        last taxable year beginning in 2013, such 
                        amount (or portion of an amount) shall be 
                        treated for purposes of this title as 
                        attributable to property placed in service on 
                        the first day of the taxpayer's last taxable 
                        year beginning in 2013.''.
    (e) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2012.

                      TITLE II--ACCESS TO CAPITAL

  Subtitle A--Expanding Access to Capital for Entrepreneurial Leaders

SEC. 211. SHORT TITLE.

    This subtitle may be cited as the ``EXCEL Act of 2012''.

SEC. 212. PROGRAM AUTHORIZATION.

    Section 303(b) of the Small Business Investment Act of 1958 (15 
U.S.C. 683(b)) is amended, in the matter preceding paragraph (1), in 
the first sentence, by inserting after ``issued by such companies'' the 
following: ``, in a total amount that does not exceed $4,000,000,000 
each fiscal year (adjusted annually to reflect increases in the 
Consumer Price Index established by the Bureau of Labor Statistics of 
the Department of Labor)''.

SEC. 213. FAMILY OF FUNDS.

    Section 303(b)(2)(B) of the Small Business Investment Act of 1958 
(15 U.S.C. 683(b)(2)(B)) is amended by striking ``$225,000,000'' and 
inserting ``$350,000,000''.

SEC. 214. ADJUSTMENT FOR INFLATION.

    Section 303(b)(2) of the Small Business Investment Act of 1958 (15 
U.S.C. 683(b)(2)) is amended by adding at the end the following:
                    ``(E) Adjustments.--
                            ``(i) In general.--The dollar amounts in 
                        subparagraph (A)(ii), subparagraph (B), and 
                        subparagraph (C)(ii)(I) shall be adjusted 
                        annually to reflect increases in the Consumer 
                        Price Index established by the Bureau of Labor 
                        Statistics of the Department of Labor (in this 
                        subparagraph referred to as the `CPI').
                            ``(ii) Applicability.--The adjustments 
                        required by clause (i)--
                                    ``(I) with respect to dollar 
                                amounts in subparagraphs (A)(ii) and 
                                (C)(ii)(I) shall initially reflect 
                                increases in the CPI during the period 
                                beginning on the effective date of 
                                section 505 of the American Recovery 
                                and Reinvestment Act of 2009 (Public 
                                Law 111-5; 123 Stat. 156) through the 
                                date of enactment of this subparagraph 
                                and annually thereafter;
                                    ``(II) with respect to dollar 
                                amounts in subparagraph (B) shall 
                                reflect increases in the CPI annually 
                                on and after the date of enactment of 
                                this subparagraph.''.

SEC. 215. PUBLIC AVAILABILITY OF INFORMATION.

    Section 303 of the Small Business Investment Act of 1958 (15 U.S.C. 
683) is amended by adding at the end the following:
    ``(l) Access to Fund Information.--Annually, the Administrator 
shall make public on its website the following information with respect 
to each small business investment company:
            ``(1) The amount of capital deployed since fund inception.
            ``(2) The amount of leverage drawn since fund inception.
            ``(3) The number of investments since fund inception.
            ``(4) The number of businesses receiving capital since fund 
        inception.
            ``(5) Industry sectors receiving investment since fund 
        inception.
            ``(6) The amount of leverage principal repaid by the small 
        business investment company since fund inception.
            ``(7) A basic description of investment strategy.''.

SEC. 216. AUTHORIZED USES OF LICENSING FEES.

    Section 301 of the Small Business Investment Act of 1958 (15 U.S.C. 
681) is amended--
            (1) by redesignating subsection (e) as subsection (d); and
            (2) in subsection (d)(2)(B), as so redesignated, by 
        inserting before the period at the end the following: ``and 
        other small business investment company program needs''.

SEC. 217. SENSE OF CONGRESS.

    It is the sense of Congress that--
            (1) small business investment companies would benefit from 
        partnerships with community banks and other lenders, and should 
        work with community banks and other lenders, to ensure that if 
        community banks and other lenders deny an application by a 
        small business concern for a loan, the community banks or other 
        lenders will refer the small business concern to small business 
        investment companies; and
            (2) the Administrator of the Small Business Administration 
        (in this Act referred to as the ``Administrator'') should--
                    (A) increase outreach to community banks and other 
                lenders to encourage community banks and other lenders 
                to invest in small business investment companies;
                    (B) use the Internet to make publicly available in 
                a timely manner which small business investment 
                companies are actively soliciting investments and 
                making investments in small business concerns;
                    (C) partner with governors, mayors, States, and 
                municipalities to increase outreach by small business 
                investment companies to underserved and rural areas; 
                and
                    (D) continue to make changes to the webpage for the 
                small business investment company program, to make the 
                webpage--
                            (i) a more prominent part of the website of 
                        the Administration; and
                            (ii) more user-friendly.

                  Subtitle B--Low-Interest Refinancing

SEC. 221. LOW-INTEREST REFINANCING UNDER THE LOCAL DEVELOPMENT BUSINESS 
              LOAN PROGRAM.

    Section 1122(b) of the Small Business Jobs Act of 2010 (15 U.S.C. 
696 note) is amended by striking ``2 years'' and inserting ``on the 
date that is 3 years and 6 months''.

                 Subtitle C--SBA Lender Activity Index

SEC. 231. SBA LENDER ACTIVITY INDEX.

    Section 4 of the Small Business Act (15 U.S.C. 633) is amended by 
adding at the end the following:
    ``(g) SBA Lender Activity Index.--
            ``(1) Definition.--In this subsection, the term `covered 
        loan' means a loan made or debenture issued under this Act or 
        the Small Business Investment Act of 1958 (15 U.S.C. 661 et 
        seq.) by a private individual or entity.
            ``(2) Requirement.--Not later than 6 months after the date 
        of enactment of this subsection, the Administrator shall make 
        publicly available on the website of the Administration a user-
        friendly database of information relating to lenders making 
        covered loans (to be known as the `Lender Activity Index').
            ``(3) Data included.--
                    ``(A) In general.--The database made available 
                under paragraph (2) shall include, for each lender 
                making a covered loan--
                            ``(i) the name of the lender;
                            ``(ii) the number of covered loans made by 
                        the lender;
                            ``(iii) the total dollar amount of covered 
                        loans made by the lender;
                            ``(iv) a list of each ZIP code in which a 
                        recipient of a covered loan made by the lender 
                        is located;
                            ``(v) a list of the industries of the 
                        recipients to which the lender made a covered 
                        loan;
                            ``(vi) whether the covered loan is for an 
                        existing business or a new business;
                            ``(vii) the number and total dollar amount 
                        of covered loans made by the lender to--
                                    ``(I) small business concerns owned 
                                and controlled by women;
                                    ``(II) socially and economically 
                                disadvantaged small business concerns 
                                (as defined in section 8(a)(4)(A)); and
                                    ``(III) small business concerns 
                                owned and controlled by veterans; and
                            ``(viii) whether the covered loan was made 
                        under section 7(a) or under the program to 
                        provide financing to small business concerns 
                        through guarantees of loans under title V of 
                        the Small Business Investment Act of 1958 (15 
                        U.S.C. 695 et seq.).
                    ``(B) Incorporation of data.--The Administrator 
                shall--
                            ``(i) include in the database made 
                        available under paragraph (2) information 
                        relating to covered loans made during fiscal 
                        years 2009, 2010, 2011, and 2012; and
                            ``(ii) incorporate information relating to 
                        covered loans on an ongoing basis.
                    ``(C) Period of data availability.--The 
                Administrator shall retain information relating to a 
                covered loan in the database made available under 
                paragraph (2) until not earlier than the end of the 
                third fiscal year beginning after the fiscal year 
                during which the covered loan was made.''.

                  TITLE III--ACCESS TO GLOBAL MARKETS

SEC. 301. SHORT TITLE.

    This title may be cited as the ``Small Business Export Growth Act 
of 2012''.

SEC. 302. REPORT ON IMPROVEMENTS TO EXPORT.GOV AS A SINGLE WINDOW FOR 
              EXPORT INFORMATION.

    (a) In General.--Not later than 180 days after the date of 
enactment of this Act, the Director of International Trade of the Small 
Business Administration shall, after consultation with the entities 
specified in subsection (b), submit to the Committee on Small Business 
and Entrepreneurship and the Committee on Banking, Housing, and Urban 
Affairs of the Senate and the Committee on Small Business and the 
Committee on Foreign Affairs of the House of Representatives a report 
that includes the recommendations of the Director for improving the 
experience provided by the website Export.gov (or a successor website) 
as--
            (1) a comprehensive resource for information about 
        exporting articles from the United States; and
            (2) a single website for exporters to submit all 
        information required by the Federal Government with respect to 
        the exportation of articles from the United States.
    (b) Entities Specified.--The entities specified in this subsection 
are--
            (1) small business concerns (as defined in section 3 of the 
        Small Business Act (15 U.S.C. 632)) that are exporters; and
            (2) the President's Export Council, State agencies with 
        responsibility for export promotion or export financing, 
        district export councils, and trade associations.

SEC. 303. REPORT ON DEVELOPING A SINGLE WINDOW FOR INFORMATION ABOUT 
              EXPORT CONTROL COMPLIANCE.

    (a) In General.--Not later than 180 days after the date of 
enactment of this Act, the Chief Counsel for Advocacy of the Small 
Business Administration shall submit to the appropriate congressional 
committees a report assessing the benefits of developing a website to 
serve as--
            (1) a comprehensive resource for complying with and 
        information about the export control laws and regulations of 
        the United States; and
            (2) a single website for exporters to submit all 
        information required by the Federal Government with respect to 
        export controls.
    (b) Appropriate Congressional Committees Defined.--In this section, 
the term ``appropriate congressional committees'' means--
            (1) the Committee on Commerce, Science, and Transportation, 
        the Committee on Banking, Housing, and Urban Affairs, and the 
        Committee on Small Business and Entrepreneurship of the Senate; 
        and
            (2) the Committee on Energy and Commerce, the Committee on 
        Foreign Affairs, and the Committee on Small Business of the 
        House of Representatives.

SEC. 304. PROMOTION OF EXPORTING.

    Section 22(c)(11) of the Small Business Act (15 U.S.C. 649(c)(11)) 
is amended by inserting ``, which shall include conducting not fewer 
than 1 outreach event each fiscal year in each State that promotes 
exporting as a business development opportunity for small business 
concerns'' before the semicolon.

SEC. 305. EXPORT CONTROL EDUCATION.

    Section 22 of the Small Business Act (15 U.S.C. 649) is amended--
            (1) by redesignating subsection (l) as subsection (n); and
            (2) by inserting after subsection (k) the following:
    ``(l) Export Control Education.--The Associate Administrator shall 
ensure that all programs of the Administration to support exporting by 
small business concerns place a priority on educating small business 
concerns about Federal export control regulations.''.

SEC. 306. SMALL BUSINESS INTER-AGENCY TASK FORCE ON EXPORT FINANCING.

    The Administrator, in consultation with the Secretary of 
Agriculture, the President of the Export-Import Bank of the United 
States, and the President of the Overseas Private Investment 
Corporation shall jointly establish a Small Business Inter-Agency Task 
Force on Export Financing to--
            (1) review and improve Federal export finance programs for 
        small business concerns; and
            (2) coordinate the activities of the Federal Government to 
        assist small business concerns seeking to export.

SEC. 307. PROMOTION OF EXPORTS BY RURAL SMALL BUSINESSES.

    (a) Small Business Administration-United States Department of 
Agriculture Interagency Coordination.--
            (1) Export financing programs.--In coordination with the 
        Secretary of Agriculture, the Administrator shall develop a 
        program to cross-train export finance specialists and personnel 
        from the Office of International Trade of the Administration on 
        the export financing programs of the Department of Agriculture 
        and the Foreign Agricultural Service.
            (2) Export assistance and business counseling programs.--In 
        coordination with the Secretary of Agriculture and the Foreign 
        Agricultural Service, the Administrator shall develop a program 
        to cross-train export finance specialists, personnel from the 
        Office of International Trade of the Administration, Small 
        Business Development Centers, women's business centers, the 
        Service Corps of Retired Executives authorized by section 
        8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1)), Export 
        Assistance Centers, and other resource partners of the 
        Administration on the export assistance and business counseling 
        programs of the Department of Agriculture.
    (b) Report on Lenders.--Section 7(a)(16)(F) of the Small Business 
Act (15 U.S.C. 636(a)(16)(F)) is amended--
            (1) in clause (i)--
                    (A) by redesignating subclauses (I) through (III) 
                as items (aa) through (cc), respectively, and adjusting 
                the margins accordingly;
                    (B) by striking ``list, have made'' and inserting 
                the following: ``list--
                                    ``(I) have made'';
                    (C) in item (cc), as so redesignated, by striking 
                the period at the end and inserting ``; and''; and
                    (D) by adding at the end the following:
                                    ``(II) were located in a rural 
                                area, as that term is defined in 
                                section 1393(a)(2) of the Internal 
                                Revenue Code of 1986, or a 
                                nonmetropolitan statistical area and 
                                have made--
                                            ``(aa) loans guaranteed by 
                                        the Administration; or
                                            ``(bb) loans through the 
                                        programs offered by the United 
                                        States Department of 
                                        Agriculture or the Foreign 
                                        Agricultural Service.''; and
            (2) in clause (ii)(II), by inserting ``and by resource 
        partners of the Administration'' after ``the Administration''.
    (c) Cooperation With Small Business Development Centers.--Section 
21(c)(3)(M) of the Small Business Act (15 U.S.C. 648(c)(3)(M)) is 
amended by inserting after ``the Department of Commerce,'' the 
following: ``the Department of Agriculture,''.
    (d) List of Rural Export Assistance Resources.--Section 22(c)(7) of 
the Small Business Act (15 U.S.C. 649(c)(7)) is amended--
            (1) in subparagraph (C), by striking ``and'' at the end;
            (2) by redesignating subparagraph (D) as subparagraph (E); 
        and
            (3) by inserting after subparagraph (C) the following:
                    ``(D) publishing an annual list of relevant 
                resources and programs of the district and regional 
                offices of the Administration, other Federal agencies, 
                the small business development center network, Export 
                Assistance Centers, the network of women's business 
                centers, chapters of the Service Corps of Retired 
                Executives, State and local export promotion programs, 
                and partners in the private sector, that--
                            ``(i) are administered or offered by 
                        entities located in rural or nonmetropolitan 
                        statistical areas; and
                            ``(ii) offer export assistance or business 
                        counseling services to rural small businesses 
                        concerns; and''.

SEC. 308. REGISTRY OF EXPORT MANAGEMENT AND EXPORT TRADING COMPANIES.

    (a) Coordination With Export Management Companies and Export 
Trading Companies.--Not later than 1 year after the date of enactment 
of this Act, the Administrator shall establish a program to register 
export management companies, as that term is defined by the Department 
of Commerce, and export trading companies, as that term is defined in 
section 103 of the Export Trading Company Act of 1982 (15 U.S.C. 4002).
    (b) Requirements.--The program established under subsection (a) 
shall--
            (1) be similar to the program of the Administration for 
        registering franchise companies, as in effect on the date of 
        enactment of this Act; and
            (2) require that a list of the export management companies 
        and export trading companies that register under the program, 
        categorized by the type of product exported by the company, be 
        made available on the website of the Administration.

SEC. 309. REVERSE TRADE MISSIONS.

    Section 22(c) of the Small Business Act (15 U.S.C. 649(c)) is 
amended--
            (1) in paragraph (12), by striking ``and'' at the end;
            (2) in paragraph (13), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following:
            ``(14) in coordination with other relevant Federal 
        agencies, encourage the participation of employees and resource 
        partners of the Administration in reverse trade missions hosted 
        or sponsored by the Federal Government.''.

SEC. 310. STATE TRADE AND EXPORT PROMOTION GRANT PROGRAM.

    Section 1207(a)(5) of the Small Business Jobs Act of 2010 (15 
U.S.C. 649b note) is amended by inserting after ``Guam,'' the 
following: ``the Commonwealth of the Northern Mariana Islands,''.

SEC. 311. PROMOTION OF INTERAGENCY DETAILS.

    It is the sense of Congress that the Administrator should 
periodically detail staff of the Administration to other Federal 
agencies that are members of the Trade Promotion Coordinating 
Committee, to facilitate the cross training of the staff of the 
Administration on the export assistance programs of such other 
agencies.

SEC. 312. ANNUAL EXPORT STRATEGY.

    Section 22 of the Small Business Act (15 U.S.C. 649), as amended by 
section 305 of this Act, is amended by adding at the end the following:
    ``(m) Small Business Trade Strategy.--
            ``(1) Development of small business trade strategy.--The 
        Associate Administrator shall develop and maintain a small 
        business trade strategy that is included in the report on the 
        governmentwide strategic plan for Federal trade promotion 
        required to be submitted to Congress by the Trade Promotion 
        Coordinating Committee under section 2312(f)(1) of the Export 
        Enhancement Act of 1988 (15 U.S.C. 4727(f)(1)) that includes, 
        at a minimum--
                    ``(A) strategies to increase export opportunities 
                for small business concerns, including a specific 
                strategy to increase opportunities for small business 
                concerns that are new to exporting;
                    ``(B) recommendations to increase the 
                competitiveness in the global economy of small business 
                concerns in the United States that are part of 
                industries in which small business concerns account for 
                a high proportion of participating businesses;
                    ``(C) recommendations to protect small business 
                concerns from unfair trade practices, including 
                intellectual property violations;
                    ``(D) recommendations for strategies to promote and 
                facilitate opportunities in the foreign markets that 
                are most accessible for small business concerns that 
                are new to exporting; and
                    ``(E) strategies to expand the representation of 
                small business concerns in the formation and 
                implementation of United States trade policy.
            ``(2) Annual report to congress.--At the beginning of each 
        fiscal year, the Associate Administrator 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 on the small business trade strategy 
        required under paragraph (1), which shall contain, at a 
        minimum--
                    ``(A) a description of each strategy and 
                recommendation described in paragraph (1);
                    ``(B) specific policies and objectives, together 
                with timelines for the implementation of such policies 
                and objectives; and
                    ``(C) a description of the progress of the 
                Administration in implementing the strategies and 
                recommendations contained in the report submitted for 
                the preceding fiscal year.''.

  TITLE IV--ACCESS TO MENTORING, EDUCATION, AND STRATEGIC PARTNERSHIPS

      Subtitle A--Measuring the Effectiveness of Resource Partners

SEC. 411. EXPANDING ENTREPRENEURSHIP.

    Section 4 of the Small Business Act (15 U.S.C. 633), as amended by 
this Act, is amended by adding at the end the following:
    ``(h) Management and Direction.--
            ``(1) Plan for entrepreneurial development and job creation 
        strategy.--
                    ``(A) Plan required.--The Administrator, in 
                consultation with a representative from each 
                entrepreneurial development program of the 
                Administration, shall develop and submit to Congress a 
                plan for using the entrepreneurial development programs 
                of the Administration to create jobs during fiscal 
                years 2013 and 2014.
                    ``(B) Contents of plan.--The plan required under 
                subparagraph (A) shall--
                            ``(i) include the plan of the Administrator 
                        for using existing programs, including small 
                        business development centers, women's business 
                        centers, the Service Corps of Retired 
                        Executives authorized by section 8(b)(1), 
                        Veterans Business Outreach Centers, and 
                        programs of the Office of Native American 
                        Affairs, to create jobs;
                            ``(ii) identify a strategy for each region 
                        of the Administration to use programs of the 
                        Administration to create or retain jobs in the 
                        region; and
                            ``(iii) establish performance measures and 
                        criteria, including goals for job creation, job 
                        retention, and job retraining, to evaluate the 
                        success of the plan.
            ``(2) Data collection process.--
                    ``(A) In general.--The Administrator shall, after 
                notice and opportunity for comment, promulgate a rule 
                to develop and implement a consistent data collection 
                process for the entrepreneurial development programs.
                    ``(B) Contents.--The data collection process 
                developed under subparagraph (A) shall collect data 
                relating to job creation and performance and any other 
                data determined appropriate by the Administrator.
            ``(3) Coordination and alignment of sba entrepreneurial 
        development programs.--The Administrator, in consultation with 
        other Federal departments and agencies as the Administrator 
        determines is appropriate, shall submit an annual report to 
        Congress describing opportunities to foster coordination of, 
        limit duplication among, and improve program delivery for 
        Federal entrepreneurial development programs.
            ``(4) Database of entrepreneurial development service 
        providers.--
                    ``(A) Establishment.--After providing a period of 
                60 days for public comment, the Administrator shall--
                            ``(i) establish a database of providers of 
                        entrepreneurial development services; and
                            ``(ii) make the database available through 
                        the website of the Administration.
                    ``(B) Searchability.--The database established 
                under subparagraph (A) shall be searchable by industry, 
                geographic location, and service required.
            ``(5) Community specialist.--
                    ``(A) Designation.--The Administrator shall 
                designate not fewer than 1 staff member in each 
                district office of the Administration as a community 
                specialist whose full-time responsibility is working 
                with local providers of entrepreneurial development 
                services to increase coordination with Federal 
                entrepreneurial development programs.
                    ``(B) Performance.--The Administrator shall develop 
                benchmarks for measuring the performance of community 
                specialists under this paragraph.''.

              Subtitle B--Women's Small Business Ownership

SEC. 421. SHORT TITLE.

    This subtitle may be cited as the ``Women's Small Business 
Ownership Act of 2012''.

SEC. 422. DEFINITION.

    In this subtitle, the term ``Administrator'' means the 
Administrator of the Small Business Administration.

SEC. 423. OFFICE OF WOMEN'S BUSINESS OWNERSHIP.

    (a) In General.--Section 29(g) of the Small Business Act (15 U.S.C. 
656(g)) is amended--
            (1) in paragraph (2)--
                    (A) in subparagraph (B)--
                            (i) in clause (i), by striking ``in the 
                        areas'' and all that follows through the end of 
                        subclause (I), and inserting the following: 
                        ``to address issues concerning the management, 
                        operations, manufacturing, technology, finance, 
                        retail and product sales, international trade, 
                        Government contracting, and other disciplines 
                        required for--
                                    ``(I) starting, operating, and 
                                increasing the business of a small 
                                business concern;''; and
                            (ii) in clause (ii), by striking ``Women's 
                        Business Center program'' each place that term 
                        appears and inserting ``women's business center 
                        program''; and
                    (B) in subparagraph (C), by inserting before the 
                period at the end the following: ``, the National 
                Women's Business Council, and any association of 
                women's business centers''; and
            (2) by adding at the end the following:
            ``(3) Training.--The Administrator may provide annual 
        programmatic and financial examination training for women's 
        business ownership representatives and district office 
        technical representatives of the Administration to enable 
        representatives to carry out their responsibilities.
            ``(4) Program and transparency improvements.--The 
        Administrator shall maximize the transparency of the women's 
        business center financial assistance proposal process and the 
        programmatic and financial examination process by--
                    ``(A) providing public notice of any announcement 
                for financial assistance under subsection (b) or a 
                grant under subsection (l) not later than the end of 
                the first quarter of each fiscal year;
                    ``(B) in the announcement described in subparagraph 
                (A), outlining award and program evaluation criteria 
                and describing the weighting of the criteria for 
                financial assistance under subsection (b) and grants 
                under subsection (l);
                    ``(C) minimizing paperwork and reporting 
                requirements for applicants for and recipients of 
                financial assistance under this section;
                    ``(D) standardizing the programmatic and financial 
                examination process; and
                    ``(E) providing to each women's business center, 
                not later than 60 days after the completion of a site 
                visit to the women's business center (whether conducted 
                for an audit, performance review, or other reason), a 
                copy of any site visit reports or evaluation reports 
                prepared by district office technical representatives 
                or officers or employees of the Administration.''.
    (b) Change of Title.--
            (1) In general.--Section 29 of the Small Business Act (15 
        U.S.C. 656) is amended--
                    (A) in subsection (a)--
                            (i) by striking paragraphs (1) and (4);
                            (ii) by redesignating paragraphs (2) and 
                        (3) as paragraphs (4) and (5), respectively; 
                        and
                            (iii) by inserting before paragraph (4), as 
                        so redesignated, the following:
            ``(2) the term `Director' means the Director of the Office 
        of Women's Business Ownership established under subsection 
        (g);'';
                    (B) by striking ``Assistant Administrator'' each 
                place that term appears and inserting ``Director''; and
                    (C) in subsection (g)(2), in the paragraph heading, 
                by striking ``Assistant administrator'' and inserting 
                ``Director''.
            (2) Women's business ownership act of 1988.--Title IV of 
        the Women's Business Ownership Act of 1988 (15 U.S.C. 7101 et 
        seq.) is amended--
                    (A) in section 403(a)(2)(B), by striking 
                ``Assistant Administrator'' and inserting ``Director'';
                    (B) in section 405, by striking ``Assistant 
                Administrator'' and inserting ``Director''; and
                    (C) in section 406(c), by striking ``Assistant 
                Administrator'' and inserting ``Director''.

SEC. 424. WOMEN'S BUSINESS CENTER PROGRAM.

    (a) Women's Business Center Financial Assistance.--Section 29 of 
the Small Business Act (15 U.S.C. 656) is amended--
            (1) in subsection (a), as amended by section 423(b) of this 
        Act--
                    (A) by inserting before paragraph (2) the 
                following:
            ``(1) the term `association of women's business centers' 
        means an organization--
                    ``(A) that represents not less than 51 percent of 
                the women's business centers that participate in a 
                program under this section; and
                    ``(B) whose primary purpose is to represent women's 
                business centers;'';
                    (B) by inserting after paragraph (2) the following:
            ``(3) the term `eligible entity' means--
                    ``(A) a private nonprofit organization;
                    ``(B) a State, regional, or local economic 
                development organization;
                    ``(C) a development, credit, or finance corporation 
                chartered by a State;
                    ``(D) a junior or community college, as defined in 
                section 312(f) of the Higher Education Act of 1965 (20 
                U.S.C. 1058(f)); or
                    ``(E) any combination of entities listed in 
                subparagraphs (A) through (D);''; and
                    (C) by adding after paragraph (5) the following:
            ``(6) the term `women's business center' means a project 
        conducted by an eligible entity under this section.'';
            (2) in subsection (b)--
                    (A) by redesignating paragraphs (1), (2), and (3) 
                as subparagraphs (A), (B), and (C), and adjusting the 
                margins accordingly;
                    (B) by striking ``The Administration'' and all that 
                follows through ``5-year projects'' and inserting the 
                following:
            ``(1) In general.--The Administration may provide financial 
        assistance to an eligible entity to conduct a project under 
        this section'';
                    (C) by striking ``The projects shall'' and 
                inserting the following:
            ``(2) Use of funds.--The project shall be designed to 
        provide training and counseling that meets the needs of women, 
        especially socially and economically disadvantaged women, and 
        shall''; and
                    (D) by adding at the end the following:
            ``(3) Amount of financial assistance.--
                    ``(A) In general.--The Administrator may award 
                financial assistance under this subsection of not less 
                than $100,000 and not more than $150,000 per year.
                    ``(B) Lower amount.--The Administrator may award 
                financial assistance under this subsection to a 
                recipient in an amount that is less than $100,000 if 
                the Administrator determines that the recipient is 
                unable to make a non-Federal contribution of $100,000 
                or more, as required under subsection (c).
                    ``(C) Equal allocations.--If the Administration has 
                insufficient funds to provide financial assistance of 
                not less than $100,000 for each recipient of financial 
                assistance under this subsection in any fiscal year, 
                the Administrator shall provide an equal amount of 
                financial assistance to each recipient in the fiscal 
                year, unless a recipient requests a lower amount than 
                the allocated amount.
            ``(4) Consultation with associations of women's business 
        centers.--The Administrator shall consult with each association 
        of women's business centers to develop--
                    ``(A) a training program for the staff of women's 
                business centers and the Administration; and
                    ``(B) recommendations to improve the policies and 
                procedures for governing the general operations and 
                administration of the women's business center program, 
                including grant program improvements under subsection 
                (g)(4).'';
            (3) in subsection (c)--
                    (A) in paragraph (1) by striking ``the recipient 
                organization'' and inserting ``an eligible entity'';
                    (B) in paragraph (3), in the second sentence, by 
                striking ``a recipient organization'' and inserting 
                ``an eligible entity'';
                    (C) in paragraph (4)--
                            (i) by striking ``recipient of assistance'' 
                        and inserting ``eligible entity'';
                            (ii) by striking ``such organization'' and 
                        inserting ``the eligible entity''; and
                            (iii) by striking ``recipient'' and 
                        inserting ``eligible entity''; and
                    (D) in paragraph (5)--
                            (i) in subparagraph (A), by striking ``a 
                        recipient organization'' and inserting ``an 
                        eligible entity''; and
                            (ii) by striking ``the recipient 
                        organization'' each place it appears and 
                        inserting ``the eligible entity''; and
                    (E) by adding at end the following:
            ``(6) Separation of project and funds.--An eligible entity 
        shall--
                    ``(A) carry out a project under this section 
                separately from other projects, if any, of the eligible 
                entity; and
                    ``(B) separately maintain and account for any 
                financial assistance under this section.'';
            (4) in subsection (e)--
                    (A) by striking ``applicant organization'' and 
                inserting ``eligible entity'';
                    (B) by striking ``a recipient organization'' and 
                inserting ``an eligible entity''; and
                    (C) by striking ``site'';
            (5) by striking subsection (f) and inserting the following:
    ``(f) Applications and Criteria for Initial Financial Assistance.--
            ``(1) Application.--Each eligible entity desiring financial 
        assistance under subsection (b) shall submit to the 
        Administrator an application that contains--
                    ``(A) a certification that the eligible entity--
                            ``(i) has designated an executive director 
                        or program manager, who may be compensated 
                        using financial assistance under subsection (b) 
                        or other sources, to manage the center on a 
                        full-time basis;
                            ``(ii) as a condition of receiving 
                        financial assistance under subsection (b), 
                        agrees--
                                    ``(I) to receive a site visit by 
                                the Administrator as part of the final 
                                selection process;
                                    ``(II) to undergo an annual 
                                programmatic and financial examination; 
                                and
                                    ``(III) to the maximum extent 
                                practicable, to remedy any problems 
                                identified pursuant to the site visit 
                                or examination under subclause (I) or 
                                (II); and
                            ``(iii) meets the accounting and reporting 
                        requirements established by the Director of the 
                        Office of Management and Budget;
                    ``(B) information demonstrating that the eligible 
                entity has the ability and resources to meet the needs 
                of the market to be served by the women's business 
                center for which financial assistance under subsection 
                (b) is sought, including the ability to obtain the non-
                Federal contribution required under subsection (c);
                    ``(C) information relating to the assistance to be 
                provided by the women's business center for which 
                financial assistance under subsection (b) is sought in 
                the area in which the women's business center is 
                located;
                    ``(D) information demonstrating the experience and 
                effectiveness of the eligible entity in--
                            ``(i) conducting financial, management, and 
                        marketing assistance programs, as described in 
                        subsection (b)(2), which are designed to teach 
                        or upgrade the business skills of women who are 
                        business owners or potential business owners;
                            ``(ii) providing training and services to a 
                        representative number of women who are socially 
                        and economically disadvantaged; and
                            ``(iii) working with resource partners of 
                        the Administration and other entities, such as 
                        universities; and
                    ``(E) a 5-year plan that describes the ability of 
                the women's business center for which financial 
                assistance is sought--
                            ``(i) to serve women who are business 
                        owners or potential business owners by 
                        conducting training and counseling activities; 
                        and
                            ``(ii) to provide training and services to 
                        a representative number of women who are 
                        socially and economically disadvantaged.
            ``(2) Additional information.--The Administrator shall make 
        any request for additional information from an organization 
        applying for financial assistance under subsection (b) that was 
        not requested in the original announcement in writing.
            ``(3) Review and approval of applications for initial 
        financial assistance.--
                    ``(A) In general.--The Administrator shall--
                            ``(i) review each application submitted 
                        under paragraph (1), based on the information 
                        described in such paragraph and the criteria 
                        set forth under subparagraph (B) of this 
                        paragraph; and
                            ``(ii) to the extent practicable, as part 
                        of the final selection process, conduct a site 
                        visit to each women's business center for which 
                        financial assistance under subsection (b) is 
                        sought.
                    ``(B) Selection criteria.--
                            ``(i) In general.--The Administrator shall 
                        evaluate applicants for financial assistance 
                        under subsection (b) in accordance with 
                        selection criteria that are--
                                    ``(I) established before the date 
                                on which applicants are required to 
                                submit the applications;
                                    ``(II) stated in terms of relative 
                                importance; and
                                    ``(III) publicly available and 
                                stated in each solicitation for 
                                applications for financial assistance 
                                under subsection (b) made by the 
                                Administrator.
                            ``(ii) Required criteria.--The selection 
                        criteria for financial assistance under 
                        subsection (b) shall include--
                                    ``(I) the experience of the 
                                applicant in conducting programs or 
                                ongoing efforts designed to teach or 
                                enhance the business skills of women 
                                who are business owners or potential 
                                business owners;
                                    ``(II) the ability of the applicant 
                                to begin a project within a minimum 
                                amount of time;
                                    ``(III) the ability of the 
                                applicant to provide training and 
                                services to a representative number of 
                                women who are socially and economically 
                                disadvantaged; and
                                    ``(IV) the location for the women's 
                                business center proposed by the 
                                applicant, including whether the 
                                applicant is located in a State in 
                                which there is not a women's business 
                                center receiving funding from the 
                                Administration.
                    ``(C) Proximity.--If the principal place of 
                business of an applicant for financial assistance under 
                subsection (b) is located less than 50 miles from the 
                principal place of business of a women's business 
                center that received funds under this section on or 
                before the date of the application, the applicant shall 
                not be eligible for the financial assistance, unless 
                the applicant submits a detailed written justification 
                of the need for an additional center in the area in 
                which the applicant is located.
                    ``(D) Record retention.--The Administrator shall 
                maintain a copy of each application submitted under 
                this subsection for not less than 7 years.''; and
            (6) in subsection (m)--
                    (A) by striking paragraph (3) and inserting the 
                following:
            ``(3) Application and approval for renewal grants.--
                    ``(A) Solicitation of applications.--The 
                Administrator shall solicit applications and award 
                grants under this subsection for the first fiscal year 
                beginning after the date of enactment of the Women's 
                Small Business Ownership Act of 2012, and every third 
                fiscal year thereafter.
                    ``(B) Contents of application.--Each eligible 
                entity desiring a grant under this subsection shall 
                submit to the Administrator an application that 
                contains--
                            ``(i) a certification that the applicant--
                                    ``(I) is an eligible entity;
                                    ``(II) has designated a full-time 
                                executive director or program manager 
                                to manage the women's business center 
                                operated by the applicant; and
                                    ``(III) as a condition of receiving 
                                a grant under this subsection, agrees--
                                            ``(aa) to receive a site 
                                        visit as part of the final 
                                        selection process;
                                            ``(bb) to submit, for the 2 
                                        full fiscal years before the 
                                        date on which the application 
                                        is submitted, annual 
                                        programmatic and financial 
                                        examination reports or 
                                        certified copies of the 
                                        compliance supplemental audits 
                                        under OMB Circular A-133 of the 
                                        applicant; and
                                            ``(cc) to remedy any 
                                        problem identified pursuant to 
                                        the site visit or examination 
                                        under item (aa) or (bb);
                            ``(ii) information demonstrating that the 
                        applicant has the ability and resources to meet 
                        the needs of the market to be served by the 
                        women's business center for which a grant under 
                        this subsection is sought, including the 
                        ability to obtain the non-Federal contribution 
                        required under paragraph (4)(C);
                            ``(iii) information relating to assistance 
                        to be provided by the women's business center 
                        in the area served by the women's business 
                        center for which a grant under this subsection 
                        is sought;
                            ``(iv) information demonstrating that the 
                        applicant has worked with resource partners of 
                        the Administration and other entities;
                            ``(v) a 3-year plan that describes the 
                        ability of the women's business center for 
                        which a grant under this subsection is sought--
                                    ``(I) to serve women who are 
                                business owners or potential business 
                                owners by conducting training and 
                                counseling activities; and
                                    ``(II) to provide training and 
                                services to a representative number of 
                                women who are socially and economically 
                                disadvantaged; and
                            ``(vi) any additional information that the 
                        Administrator may reasonably require.
                    ``(C) Review and approval of applications for 
                grants.--
                            ``(i) In general.--The Administrator 
                        shall--
                                    ``(I) review each application 
                                submitted under subparagraph (B), based 
                                on the information described in such 
                                subparagraph and the criteria set forth 
                                under clause (ii) of this subparagraph; 
                                and
                                    ``(II) whenever practicable, as 
                                part of the final selection process, 
                                conduct a site visit to each women's 
                                business center for which a grant under 
                                this subsection is sought.
                            ``(ii) Selection criteria.--
                                    ``(I) In general.--The 
                                Administrator shall evaluate applicants 
                                for grants under this subsection in 
                                accordance with selection criteria that 
                                are--
                                            ``(aa) established before 
                                        the date on which applicants 
                                        are required to submit the 
                                        applications;
                                            ``(bb) stated in terms of 
                                        relative importance; and
                                            ``(cc) publicly available 
                                        and stated in each solicitation 
                                        for applications for grants 
                                        under this subsection made by 
                                        the Administrator.
                                    ``(II) Required criteria.--The 
                                selection criteria for a grant under 
                                this subsection shall include--
                                            ``(aa) the total number of 
                                        entrepreneurs served by the 
                                        applicant;
                                            ``(bb) the total number of 
                                        new startup companies assisted 
                                        by the applicant;
                                            ``(cc) the percentage of 
                                        clients of the applicant that 
                                        are socially or economically 
                                        disadvantaged; and
                                            ``(dd) the percentage of 
                                        individuals in the community 
                                        served by the applicant who are 
                                        socially or economically 
                                        disadvantaged.
                            ``(iii) Conditions for continued funding.--
                        In determining whether to make a grant under 
                        this subsection, the Administrator--
                                    ``(I) shall consider the results of 
                                the most recent evaluation of the 
                                women's business center for which a 
                                grant under this subsection is sought, 
                                and, to a lesser extent, previous 
                                evaluations; and
                                    ``(II) may withhold a grant under 
                                this subsection, if the Administrator 
                                determines that the applicant has 
                                failed to provide the information 
                                required to be provided under this 
                                paragraph, or the information provided 
                                by the applicant is inadequate.
                    ``(D) Notification.--Not later than 60 days after 
                the date of each deadline to submit applications, the 
                Administrator shall approve or deny any application 
                under this paragraph and notify the applicant for each 
                such application of the approval or denial.
                    ``(E) Record retention.--The Administrator shall 
                maintain a copy of each application submitted under 
                this paragraph for not less than 7 years.''; and
                    (B) by striking paragraph (5) and inserting the 
                following:
            ``(5) Award to previous recipients.--There shall be no 
        limitation on the number of times the Administrator may award a 
        grant to an applicant under this subsection.''.
    (b) Technical and Conforming Amendments.--
            (1) In general.--Section 29 of the Small Business Act (15 
        U.S.C. 656) is amended--
                    (A) in subsection (h)(2), by striking ``to award a 
                contract (as a sustainability grant) under subsection 
                (l) or'';
                    (B) in subsection (j)(1), by striking ``The 
                Administration'' and inserting ``Not later than 
                November 1 of each year, the Administrator'';
                    (C) in subsection (k)--
                            (i) by striking paragraphs (1), (2), and 
                        (4);
                            (ii) by redesignating paragraph (3) as 
                        paragraph (4); and
                            (iii) by inserting before paragraph (4), as 
                        so redesignated, the following:
            ``(1) In general.--There are authorized to be appropriated 
        to the Administration to carry out this section, to remain 
        available until expended, $14,500,000 for each of fiscal years 
        2013, 2014, and 2015.
            ``(2) Use of funds.--Amounts made available under this 
        subsection may only be used for grant awards and may not be 
        used for costs incurred by the Administration in connection 
        with the management and administration of the program under 
        this section.
            ``(3) Continuing grant and cooperative agreement 
        authority.--
                    ``(A) Prompt disbursement.--Upon receiving funds to 
                carry out this section for a fiscal year, the 
                Administrator shall, to the extent practicable, 
                promptly reimburse funds to any women's business center 
                awarded financial assistance under this section if the 
                center meets the eligibility requirements under this 
                section.
                    ``(B) Suspension or termination.--If the 
                Administrator has entered into a grant or cooperative 
                agreement with a women's business center under this 
                section, the Administrator may not suspend or terminate 
                the grant or cooperative agreement, unless the 
                Administrator--
                            ``(i) provides the women's business center 
                        with written notification setting forth the 
                        reasons for that action; and
                            ``(ii) affords the women's business center 
                        an opportunity for a hearing, appeal, or other 
                        administrative proceeding under chapter 5 of 
                        title 5, United States Code.'';
                    (D) in subsection (m)--
                            (i) in paragraph (2), by striking 
                        ``subsection (b) or (l)'' and inserting ``this 
                        subsection or subsection (b)''; and
                            (ii) in paragraph (4)(D), by striking ``or 
                        subsection (l)''; and
                    (E) by redesignating subsections (m) and (n), as 
                amended by this Act, as subsections (l) and (m), 
                respectively.
            (2) Prospective repeal.--Section 1401(c)(2) of the Small 
        Business Jobs Act of 2010 (15 U.S.C. 636 note) is amended--
                    (A) in subparagraph (A), by striking ``and'' at the 
                end;
                    (B) in subparagraph (B), by striking the period at 
                the end and inserting ``; and''; and
                    (C) by adding at the end the following:
                    ``(C) by redesignating paragraph (6), as added by 
                section 424(a)(3)(E) of the Women's Small Business 
                Ownership Act of 2012, as paragraph (5).''.
    (c) Effect on Existing Grants.--
            (1) Terms and conditions.--A nonprofit organization 
        receiving a grant under section 29(m) of the Small Business Act 
        (15 U.S.C. 656(m)), as in effect on the day before the date of 
        enactment of this Act, shall continue to receive the grant 
        under the terms and conditions in effect for the grant on the 
        day before the date of enactment of this Act, except that the 
        nonprofit organization may not apply for a renewal of the grant 
        under section 29(m)(5) of the Small Business Act (15 U.S.C. 
        656(m)(5)), as in effect on the day before the date of 
        enactment of this Act.
            (2) Length of renewal grant.--The Administrator may award a 
        grant under section 29(l) of the Small Business Act, as so 
        redesignated by subsection (b)(1)(E) of this section, to a 
        nonprofit organization receiving a grant under section 29(m) of 
        the Small Business Act (15 U.S.C. 656(m)), as in effect on the 
        day before the date of enactment of this Act, for the period--
                    (A) beginning on the day after the last day of the 
                grant agreement under such section 29(m); and
                    (B) ending at the end of the third fiscal year 
                beginning after the date of enactment of this Act.

SEC. 425. STUDY AND REPORT ON ECONOMIC ISSUES FACING WOMEN'S BUSINESS 
              CENTERS.

    (a) Study.--The Comptroller General of the United States shall 
conduct a broad study of the unique economic issues facing women's 
business centers located in covered areas to identify--
            (1) the difficulties such centers face in raising non-
        Federal funds;
            (2) the difficulties such centers face in competing for 
        financial assistance, non-Federal funds, or other types of 
        assistance;
            (3) the difficulties such centers face in writing grant 
        proposals; and
            (4) other difficulties such centers face because of the 
        economy in the type of covered area in which such centers are 
        located.
    (b) Report.--Not later than 1 year after the date of enactment of 
this Act, the Comptroller General shall submit to Congress a report 
containing the results of the study under subsection (a), which shall 
include recommendations, if any, regarding how to--
            (1) address the unique difficulties women's business 
        centers located in covered areas face because of the type of 
        covered area in which such centers are located;
            (2) expand the presence of, and increase the services 
        provided by, women's business centers located in covered areas; 
        and
            (3) best use technology and other resources to better serve 
        women business owners located in covered areas.
    (c) Definition of Covered Area.--In this section, the term 
``covered area'' means--
            (1) any State that is predominantly rural, as determined by 
        the Administrator;
            (2) any State that is predominantly urban, as determined by 
        the Administrator; and
            (3) any State or territory that is an island.

SEC. 426. STUDY AND REPORT ON OVERSIGHT OF WOMEN'S BUSINESS CENTERS.

    (a) Study.--The Comptroller General of the United States shall 
conduct a study of the oversight of women's business centers by the 
Administrator, which shall include--
            (1) an analysis of the coordination by the Administrator of 
        the activities of women's business centers with the activities 
        of small business development centers, the Service Corps of 
        Retired Executives, and Veterans Business Outreach Centers;
            (2) a comparison of the types of individuals and small 
        business concerns served by women's business centers and the 
        types of individuals and small business concerns served by 
        small business development centers, the Service Corps of 
        Retired Executives, and Veterans Business Outreach Centers; and
            (3) an analysis of performance data for women's business 
        centers that evaluates how well women's business centers are 
        carrying out the mission of women's business centers and 
        serving individuals and small business concerns.
    (b) Report.--Not later than 1 year after the date of enactment of 
this Act, the Comptroller General shall submit to Congress a report 
containing the results of the study under subsection (a), which shall 
include recommendations, if any, for eliminating the duplication of 
services provided by women's business centers, small business 
development centers, the Service Corps of Retired Executives, and 
Veterans Business Outreach Centers.

 Subtitle C--Strengthening America's Small Business Development Centers

SEC. 431. INSTITUTIONS OF HIGHER EDUCATION.

    Section 21 of the Small Business Act (15 U.S.C. 648) is amended--
            (1) in subsection (a)(1), by striking ``: Provided, That'' 
        and all that follows through ``on such date.'' and inserting 
        the following: ``. On and after December 31, 2013, the 
        Administrator may only make a grant under this paragraph to an 
        applicant that is an institution of higher education, as 
        defined in section 101(a) of the Higher Education Act of 1965 
        (20 U.S.C. 1001(a)), that is accredited (and not merely in 
        preaccreditation status) by a nationally recognized accrediting 
        agency or association recognized by the Secretary of Education 
        for such purpose in accordance with section 496 of that Act (20 
        U.S.C. 1099b).''; and
            (2) in subsection (c)(3)(K), by inserting ``public and 
        private institutions of higher education (including 
        universities, community colleges, and junior colleges),'' 
        before ``local and regional private consultants''.

SEC. 432. UPDATING FUNDING LEVELS FOR SMALL BUSINESS DEVELOPMENT 
              CENTERS.

    (a) Minimum Funding Levels.--Section 21(a)(4)(C) of the Small 
Business Act (15 U.S.C. 648(a)(4)(C)) is amended--
            (1) in clause (iii)--
                    (A) by striking ``$90,000,000'' each place that 
                term appears and inserting ``$98,500,000'';
                    (B) by striking ``$81,500,000'' each place that 
                term appears and inserting ``$90,000,000''; and
                    (C) by striking ``$500,000'' each place that term 
                appears and inserting ``$600,000'';
            (2) in clause (v)(II), by striking ``if the usage'' and all 
        that follows through the end of the subclause and inserting a 
        period; and
            (3) in clause (v), by striking subclause (I) and inserting 
        the following:
                                    ``(I) In general.--Of the amounts 
                                made available in any fiscal year to 
                                carry out this section--
                                            ``(aa) not more than 
                                        $50,000 may be used by the 
                                        Administration to pay the 
                                        expenses enumerated in 
                                        subparagraph (B) of section 
                                        20(a)(1);
                                            ``(bb) not more than 
                                        $500,000 may be used by the 
                                        Administration to pay the 
                                        expenses enumerated in 
                                        subparagraph (C) of section 
                                        20(a)(1); and
                                            ``(cc) not more than 
                                        $250,000 may be used by the 
                                        Administration to pay the 
                                        expenses enumerated in 
                                        subparagraph (D) of section 
                                        20(a)(1).''.
    (b) Authorization of Appropriations.--Section 21(a)(4)(C)(vii) of 
the Small Business Act (15 U.S.C. 648(a)(4)(C)(vii)) is amended to read 
as follows:
                            ``(vii) Authorization of appropriations.--
                        There are authorized to be appropriated to 
                        carry out this subparagraph--
                                    ``(I) $135,000,000 for fiscal year 
                                2013;
                                    ``(II) $135,000,000 for fiscal year 
                                2014; and
                                    ``(III) $135,000,000 for fiscal 
                                year 2015.''.

SEC. 433. ASSISTANCE TO OUT-OF-STATE SMALL BUSINESSES.

    Section 21(b)(3) of the Small Business Act (15 U.S.C. 648(b)(3)) is 
amended--
            (1) by striking ``(3) At the discretion'' and inserting the 
        following:
            ``(3) Assistance to out-of-state small businesses.--
                    ``(A) In general.--At the discretion''; and
            (2) by adding at the end the following:
                    ``(B) Disaster recovery assistance.--
                            ``(i) In general.--At the discretion of the 
                        Administrator, the Administrator may authorize 
                        a small business development center to provide 
                        assistance, as described in subsection (c), to 
                        small business concerns located outside of the 
                        State, without regard to geographic proximity, 
                        if the small business concerns are located in 
                        an area for which the President has declared a 
                        major disaster under section 401 of the Robert 
                        T. Stafford Disaster Relief and Emergency 
                        Assistance Act (42 U.S.C. 5170), during the 
                        period of the declaration.
                            ``(ii) Continuity of services.--A small 
                        business development center that provides 
                        counselors to an area described in clause (i) 
                        shall, to the maximum extent practicable, 
                        ensure continuity of services in any State in 
                        which the small business development center 
                        otherwise provides services.
                            ``(iii) Access to disaster recovery 
                        facilities.--For purposes of this subparagraph, 
                        the Administrator shall, to the maximum extent 
                        practicable, permit the personnel of a small 
                        business development center to use any site or 
                        facility designated by the Administrator for 
                        use to provide disaster recovery assistance.''.

SEC. 434. TERMINATION OF SMALL BUSINESS DEVELOPMENT CENTER DEFENSE 
              ECONOMIC TRANSITION ASSISTANCE.

    (a) In General.--Section 21(c)(3) of the Small Business Act (15 
U.S.C. 648(c)(3)) is amended--
            (1) by striking subparagraph (G); and
            (2) by redesignating subparagraphs (H) through (T) as 
        subparagraphs (G) through (S), respectively.
    (b) Technical and Conforming Amendments.--Section 21(a) of the 
Small Business Act (15 U.S.C. 648(a)) is amended--
            (1) in paragraph (4)(C)(vi), by striking ``or (c)(3)(G)''; 
        and
            (2) in paragraph (6), by striking ``subparagraphs (B) 
        through (G) of subsection (c)(3)'' and inserting 
        ``subparagraphs (B) through (F) of subsection (c)(3)''.
    (c) Existing Grants.--Nothing in this section shall affect any 
grant made to a small business development center before the date of 
enactment of this Act under section 21(c)(3)(G) of the Small Business 
Act (15 U.S.C. 648(c)(3)(G)), as in effect on the day before the date 
of enactment of this Act, and any such grant shall be subject to such 
section 21(c)(3)(G), as in effect on the day before the date of 
enactment of this Act.

SEC. 435. NATIONAL SMALL BUSINESS DEVELOPMENT CENTER ADVISORY BOARD.

    (a) In General.--Section 21(i)(1) of the Small Business Act (15 
U.S.C. 648(i)(1)) is amended--
            (1) in the first sentence, by striking ``nine members'' and 
        inserting ``10 members'';
            (2) in the second sentence, by striking ``six'' and 
        inserting ``the members who are not from universities or their 
        affiliates'';
            (3) by striking the third sentence; and
            (4) in the fourth sentence--
                    (A) by striking ``Succeeding Boards'' and inserting 
                ``The members of the Board''; and
                    (B) by inserting ``not less than'' before ``one-
                third''.
    (b) Incumbents.--An individual serving as a member of the National 
Small Business Development Center Advisory Board on the date of 
enactment of this Act may continue to serve on the Board until the end 
of the term of the member under section 21(i)(1) of the Small Business 
Act (15 U.S.C. 648(i)(1)), as in effect on the day before such date of 
enactment.

SEC. 436. REPEAL OF PAUL D. COVERDELL DRUG-FREE WORKPLACE PROGRAM.

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

  Subtitle D--Terminating the National Veterans Business Development 
                              Corporation

SEC. 441. NATIONAL VETERANS BUSINESS DEVELOPMENT CORPORATION.

    (a) In General.--The Small Business Act (15 U.S.C. 631 et seq.) is 
amended by striking section 33 (15 U.S.C. 657c).
    (b) Corporation.--On and after 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.
    (c) Technical and Conforming Amendments.--
            (1) Small business act.--The Small Business Act (15 U.S.C. 
        631 et seq.), as amended by this section, is amended--
                    (A) by redesignating sections 34 through 45 as 
                sections 33 through 44, respectively;
                    (B) in section 9(k)(1)(D) (15 U.S.C. 638(k)(1)(D)), 
                by striking ``section 34(d)'' and inserting ``section 
                33(d)'';
                    (C) in section 33 (15 U.S.C. 657d), as so 
                redesignated--
                            (i) by striking ``section 35'' each place 
                        it appears and inserting ``section 34'';
                            (ii) in subsection (a)--
                                    (I) in paragraph (2), by striking 
                                ``section 35(c)(2)(B)'' and inserting 
                                ``section 34(c)(2)(B)'';
                                    (II) in paragraph (4), by striking 
                                ``section 35(c)(2)'' and inserting 
                                ``section 34(c)(2)''; and
                                    (III) in paragraph (5), by striking 
                                ``section 35(c)'' and inserting 
                                ``section 34(c)''; and
                            (iii) in subsection (h)(2), by striking 
                        ``section 35(d)'' and inserting ``section 
                        34(d)'';
                    (D) in section 34 (15 U.S.C. 657e), as so 
                redesignated--
                            (i) by striking ``section 34'' each place 
                        it appears and inserting ``section 33''; and
                            (ii) in subsection (c)(1), by striking 
                        section ``34(c)(1)(E)(ii)'' and inserting 
                        section ``33(c)(1)(E)(ii)'';
                    (E) in section 36(d) (15 U.S.C. 657i(d)), as so 
                redesignated, by striking ``section 43'' and inserting 
                ``section 42'';
                    (F) in section 39(d) (15 U.S.C. 657l(d)), as so 
                redesignated, by striking ``section 43'' and inserting 
                ``section 42''; and
                    (G) in section 40(b) (15 U.S.C. 657m(b)), as so 
                redesignated, by striking ``section 43'' and inserting 
                ``section 42''.
            (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.--Section 3452(h) 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) Food, conservation, and energy act of 2008.--Section 
        12072(c)(2) of the Food, Conservation, and Energy Act of 2008 
        (15 U.S.C. 636g(c)(2)) is amended by striking ``section 43 of 
        the Small Business Act, as added by this Act'' and inserting 
        ``section 42 of the Small Business Act (15 U.S.C. 657o)''.
            (5) 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''.

               TITLE V--ACCESS TO GOVERNMENT CONTRACTING

                           Subtitle A--Bonds

SEC. 511. REMOVAL OF SUNSET DATES FOR CERTAIN PROVISIONS OF THE SMALL 
              BUSINESS INVESTMENT ACT OF 1958.

    (a) Maximum Bond Amount.--Section 411(a)(1) of the Small Business 
Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking 
``does not exceed'' and all that follows and inserting ``does not 
exceed $5,000,000.''.
    (b) Denial of Liability.--Section 411(e)(2) of the Small Business 
Investment Act of 1958 (15 U.S.C. 694b(e)(2)) is amended by striking 
``bonds exceeds'' and all that follows and inserting ``bonds exceeds 
$5,000,000,''.

        Subtitle B--Small Business Contracting Fraud Prevention

SEC. 521. SHORT TITLE.

    This subtitle may be cited as the ``Small Business Contracting 
Fraud Prevention Act of 2012''.

SEC. 522. DEFINITIONS.

    In this subtitle--
            (1) the term ``8(a) program'' means the program under 
        section 8(a) of the Small Business Act (15 U.S.C. 637(a));
            (2) the terms ``Administration'' and ``Administrator'' mean 
        the Small Business Administration and the Administrator 
        thereof, respectively;
            (3) the terms ``HUBZone'' and ``HUBZone small business 
        concern'' and ``HUBZone map'' have the meanings given those 
        terms in section 3(p) of the Small Business Act (15 U.S.C. 
        632(p)), as amended by this Act; and
            (4) the term ``recertification'' means a determination by 
        the Administrator that a business concern that was previously 
        determined to be a qualified HUBZone small business concern is 
        a qualified HUBZone small business concern under section 
        3(p)(5) of the Small Business Act (15 U.S.C. 632(p)(5)).

SEC. 523. FRAUD DETERRENCE AT THE SMALL BUSINESS ADMINISTRATION.

    Section 16 of the Small Business Act (15 U.S.C. 645) is amended--
            (1) in subsection (d)--
                    (A) in paragraph (1)--
                            (i) in the matter preceding subparagraph 
                        (A), by striking ``Whoever'' and all that 
                        follows through ``oneself or another'' and 
                        inserting the following: ``A person shall be 
                        subject to the penalties and remedies described 
                        in paragraph (2) if the person misrepresents 
                        the status of any concern or person as a small 
                        business concern, a qualified HUBZone small 
                        business concern, a small business concern 
                        owned and controlled by socially and 
                        economically disadvantaged individuals, a small 
                        business concern owned and controlled by women, 
                        or a small business concern owned and 
                        controlled by service-disabled veterans, in 
                        order to obtain for any person'';
                            (ii) by amending subparagraph (A) to read 
                        as follows:
            ``(A) prime contract, subcontract, grant, or cooperative 
        agreement to be awarded under subsection (a) or (m) of section 
        8, or section 9, 15, 31, or 35;'';
                            (iii) by striking subparagraph (B);
                            (iv) by redesignating subparagraphs (C) and 
                        (D) as subparagraphs (B) and (C), respectively; 
                        and
                            (v) in subparagraph (C), as so 
                        redesignated, by striking ``, shall be'' and 
                        all that follows and inserting a period;
                    (B) in paragraph (2)--
                            (i) by redesignating subparagraphs (C) and 
                        (D) as subparagraphs (D) and (E), respectively; 
                        and
                            (ii) by inserting after subparagraph (B) 
                        the following:
            ``(C) be subject to the civil remedies under subchapter III 
        of chapter 37 of title 31, United States Code (commonly known 
        as the `False Claims Act');''; and
                    (C) by adding at the end the following:
    ``(3)(A) In the case of a violation of paragraph (1)(A) or 
subsection (g) or (h), for purposes of a proceeding described in 
subparagraph (A) or (C) of paragraph (2), the amount of the loss to the 
Federal Government or the damages sustained by the Federal Government, 
as applicable, shall be an amount equal to the amount that the Federal 
Government paid to the person that received a contract, grant, or 
cooperative agreement described in paragraph (1)(A), (g), or (h), 
respectively.
    ``(B) In the case of a violation of subparagraph (B) or (C) of 
paragraph (1), for the purpose of a proceeding described in 
subparagraph (A) or (C) of paragraph (2), the amount of the loss to the 
Federal Government or the damages sustained by the Federal Government, 
as applicable, shall be an amount equal to the portion of any payment 
by the Federal Government under a prime contract that was used for a 
subcontract described in subparagraph (B) or (C) of paragraph (1), 
respectively.
    ``(C) In a proceeding described in subparagraph (A) or (B), no 
credit shall be applied against any loss or damages to the Federal 
Government for the fair market value of the property or services 
provided to the Federal Government.'';
            (2) by striking subsection (e) and inserting the following:
    ``(e) Any representation of the status of any concern or person as 
a small business concern, a HUBZone small business concern, a small 
business concern owned and controlled by socially and economically 
disadvantaged individuals, a small business concern owned and 
controlled by women, or a small business concern owned and controlled 
by service-disabled veterans, in order to obtain any prime contract, 
subcontract, grant, or cooperative agreement described in subsection 
(d)(1) shall be made in writing or through the Online Representations 
and Certifications Application process required under section 4.1201 of 
the Federal Acquisition Regulation, or any successor thereto.''; and
            (3) by adding at the end the following:
    ``(g) A person shall be subject to the penalties and remedies 
described in subsection (d)(2) if the person misrepresents the status 
of any concern or person as a small business concern, a qualified 
HUBZone small business concern, a small business concern owned and 
controlled by socially and economically disadvantaged individuals, a 
small business concern owned and controlled by women, or a small 
business concern owned and controlled by service-disabled veterans--
            ``(1) in order to allow any person to participate in any 
        program of the Administration; or
            ``(2) in relation to a protest of a contract award or 
        proposed contract award made under regulations issued by the 
        Administration.
    ``(h)(1) A person that submits a request for payment on a contract 
or subcontract that is awarded under subsection (a) or (m) of section 
8, or section 9, 15, 31, or 35, shall be deemed to have submitted a 
certification that the person complied with regulations issued by the 
Administration governing the percentage of work that the person is 
required to perform on the contract or subcontract, unless the person 
states, in writing, that the person did not comply with the 
regulations.
    ``(2) A person shall be subject to the penalties and remedies 
described in subsection (d)(2) if the person--
            ``(A) uses the services of a business other than the 
        business awarded the contract or subcontract to perform a 
        greater percentage of work under a contract than is permitted 
        by regulations issued by the Administration; or
            ``(B) willfully participates in a scheme to circumvent 
        regulations issued by the Administration governing the 
        percentage of work that a contractor is required to perform on 
        a contract.''.

SEC. 524. VETERANS INTEGRITY IN CONTRACTING.

    (a) Definition.--Section 3(q)(1) of the Small Business Act (15 
U.S.C. 632(q)(1)) is amended by striking ``means a veteran'' and all 
that follows and inserting the following: ``means--
                    ``(A) a veteran with a service-connected disability 
                rated by the Secretary of Veterans Affairs as zero 
                percent or more disabling; or
                    ``(B) a former member of the Armed Forces who is 
                retired, separated, or placed on the temporary 
                disability retired list for physical disability under 
                chapter 61 of title 10, United States Code.''.
    (b) Veterans Contracting.--Section 4 of the Small Business Act (15 
U.S.C. 633), as amended by this Act, is amended by adding at the end 
the following:
    ``(i) Veteran Status.--
            ``(1) In general.--A business concern seeking status as a 
        small business concern owned and controlled by service-disabled 
        veterans shall--
                    ``(A) submit an annual certification indicating 
                that the business concern is a small business concern 
                owned and controlled by service-disabled veterans by 
                means of the Online Representations and Certifications 
                Application process required under section 4.1201 of 
                the Federal Acquisition Regulation, or any successor 
                thereto; and
                    ``(B) register with--
                            ``(i) the Central Contractor Registration 
                        database maintained under subpart 4.11 of the 
                        Federal Acquisition Regulation, or any 
                        successor thereto; and
                            ``(ii) the VetBiz database of the 
                        Department of Veterans Affairs, or any 
                        successor thereto.
            ``(2) Verification of status.--
                    ``(A) Veterans affairs.--The Secretary of Veterans 
                Affairs shall determine whether a business concern 
                registered with the VetBiz database of the Department 
                of Veterans Affairs, or any successor thereto, as a 
                small business concern owned and controlled by veterans 
                or a small business concern owned and controlled by 
                service-disabled veterans is owned and controlled by a 
                veteran or a service-disabled veteran, as the case may 
                be.
                    ``(B) Federal agencies generally.--The head of each 
                Federal agency shall--
                            ``(i) for a sole source contract awarded to 
                        a small business concern owned and controlled 
                        by service-disabled veterans or a contract 
                        awarded with competition restricted to small 
                        business concerns owned and controlled by 
                        service-disabled veterans under section 35, 
                        determine whether a business concern submitting 
                        a proposal for the contract is a small business 
                        concern owned and controlled by service-
                        disabled veterans; and
                            ``(ii) use the VetBiz database of the 
                        Department of Veterans Affairs, or any 
                        successor thereto, in determining whether a 
                        business concern is a small business concern 
                        owned and controlled by service-disabled 
                        veterans.
            ``(3) Debarment and suspension.--If the Administrator 
        determines that a business concern knowingly and willfully 
        misrepresented that the business concern is a small business 
        concern owned and controlled by service-disabled veterans, the 
        Administrator may debar or suspend the business concern from 
        contracting with the United States.''.
    (c) Integration of Databases.--The Administrator for Federal 
Procurement Policy and the Secretary of Veterans Affairs shall ensure 
that data is shared on an ongoing basis between the VetBiz database of 
the Department of Veterans Affairs and the Central Contractor 
Registration database maintained under subpart 4.11 of the Federal 
Acquisition Regulation.
    (d) Effective Date.--
            (1) In general.--The amendment made by subsection (b) and 
        the requirements under subsection (c) shall take effect on the 
        date on which the Secretary of Veterans Affairs (referred to in 
        this subsection as the ``Secretary'') publishes in the Federal 
        Register a determination that the Department of Veterans 
        Affairs has the necessary resources and capacity to carry out 
        the additional responsibility of determining whether small 
        business concerns registered with the VetBiz database of the 
        Department of Veterans Affairs are owned and controlled by a 
        veteran or a service-disabled veteran, as the case may be, in 
        accordance with subsection (i) of section 4 of the Small 
        Business Act (15 U.S.C. 633), as added by subsection (b).
            (2) Timeline.--If the Secretary determines that the 
        Secretary is not able to publish the determination under 
        paragraph (1) before the date that is 1 year after the date of 
        enactment of this Act, the Secretary shall, not later than 1 
        year after the date of enactment of this Act, submit a report 
        containing an estimate of the date on which the Secretary will 
        publish the determination under paragraph (1) to the Committee 
        on Small Business and Entrepreneurship and the Committee on 
        Veterans' Affairs of the Senate and the Committee on Small 
        Business and the Committee on Veterans' Affairs of the House of 
        Representatives.

SEC. 525. SECTION 8(A) PROGRAM IMPROVEMENTS.

    (a) Review of Effectiveness.--Section 8(a) of the Small Business 
Act (15 U.S.C. 637(a)) is amended by adding at the end the following:
    ``(22) Not later than 3 years after the date of enactment of this 
paragraph, and every 3 years thereafter, the Comptroller General of the 
United States shall--
            ``(A) conduct an evaluation of the effectiveness of the 
        program under this subsection, including an examination of--
                    ``(i) the number and size of contracts applied for, 
                as compared to the number received by, small business 
                concerns after successfully completing the program;
                    ``(ii) the percentage of small business concerns 
                that continue to operate during the 3-year period 
                beginning on the date on which the small business 
                concerns successfully complete the program;
                    ``(iii) whether the business of small business 
                concerns increases during the 3-year period beginning 
                on the date on which the small business concerns 
                successfully complete the program; and
                    ``(iv) the number of training sessions offered 
                under the program; and
            ``(B) 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 regarding 
        each evaluation under subparagraph (A).''.
    (b) Other Improvements.--In order to improve the 8(a) program, the 
Administrator shall--
            (1) not later than 90 days after the date of enactment of 
        this Act, begin to--
                    (A) evaluate the feasibility of--
                            (i) using additional third-party data 
                        sources;
                            (ii) making unannounced visits of sites 
                        that are selected randomly or using risk-based 
                        criteria;
                            (iii) using fraud detection tools, 
                        including data-mining techniques; and
                            (iv) conducting financial and analytical 
                        training for the business opportunity 
                        specialists of the Administration;
                    (B) evaluate the feasibility and advisability of 
                amending regulations applicable to the 8(a) program to 
                require that calculations of the adjusted net worth or 
                total assets of an individual include assets held by 
                the spouse of the individual; and
                    (C) develop a more consistent enforcement strategy 
                that includes the suspension or debarment of 
                contractors that knowingly make misrepresentations in 
                order to qualify for the 8(a) program; and
            (2) not later than 1 year after the date on which the 
        Comptroller General submits the report under section 
        8(a)(22)(B) of the Small Business Act, as added by subsection 
        (c), issue, in final form, proposed regulations of the 
        Administration that--
                    (A) determine the economic disadvantage of a 
                participant in the 8(a) program based on the income and 
                asset levels of the participant at the time of 
                application and annual recertification for the 8(a) 
                program; and
                    (B) limit the ability of a small business concern 
                to participate in the 8(a) program if an immediate 
                family member of an owner of the small business concern 
                is, or has been, a participant in the 8(a) program, in 
                the same industry.

SEC. 526. HUBZONE IMPROVEMENTS.

    (a) Purpose.--The purpose of this section is to reform and improve 
the HUBZone program of the Administration.
    (b) In General.--The Administrator shall--
            (1) ensure the HUBZone map is--
                    (A) accurate and up-to-date; and
                    (B) revised as new data is made available to 
                maintain the accuracy and currency of the HUBZone map;
            (2) implement policies for ensuring that only HUBZone small 
        business concerns determined to be qualified under section 
        3(p)(5) of the Small Business Act (15 U.S.C. 632(p)(5)) are 
        participating in the HUBZone program, including through the 
        appropriate use of technology to control costs and maximize, 
        among other benefits, uniformity, completeness, simplicity, and 
        efficiency;
            (3) 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 regarding any 
        application to be designated as a HUBZone small business 
        concern or for recertification for which the Administrator has 
        not made a determination as of the date that is 60 days after 
        the date on which the application was submitted or initiated, 
        which shall include a plan and timetable for ensuring the 
        timely processing of the applications; and
            (4) develop measures and implement plans to assess the 
        effectiveness of the HUBZone program that--
                    (A) require the identification of a baseline point 
                in time to allow the assessment of economic development 
                under the HUBZone program, including creating 
                additional jobs; and
                    (B) take into account--
                            (i) the economic characteristics of the 
                        HUBZone; and
                            (ii) contracts being counted under multiple 
                        socioeconomic subcategories.
    (c) Employment Percentage.--Section 3(p) of the Small Business Act 
(15 U.S.C. 632(p)) is amended--
            (1) in paragraph (5), by adding at the end the following:
                    ``(E) Employment percentage during interim 
                period.--
                            ``(i) Definition.--In this subparagraph, 
                        the term `interim period' means the period 
                        beginning on the date on which the 
                        Administrator determines that a HUBZone small 
                        business concern is qualified under 
                        subparagraph (A) and ending on the day before 
                        the date on which a contract under the HUBZone 
                        program for which the HUBZone small business 
                        concern submits a bid is awarded.
                            ``(ii) Interim period.--During the interim 
                        period, the Administrator may not determine 
                        that the HUBZone small business is not 
                        qualified under subparagraph (A) based on a 
                        failure to meet the applicable employment 
                        percentage under subparagraph (A)(i)(I), unless 
                        the HUBZone small business concern--
                                    ``(I) has not attempted to maintain 
                                the applicable employment percentage 
                                under subparagraph (A)(i)(I); or
                                    ``(II) does not meet the applicable 
                                employment percentage--
                                            ``(aa) on the date on which 
                                        the HUBZone small business 
                                        concern submits a bid for a 
                                        contract under the HUBZone 
                                        program; or
                                            ``(bb) on the date on which 
                                        the HUBZone small business 
                                        concern is awarded a contract 
                                        under the HUBZone program.''; 
                                        and
            (2) by adding at the end the following:
            ``(8) Hubzone program.--The term `HUBZone program' means 
        the program established under section 31.
            ``(9) Hubzone map.--The term `HUBZone map' means the map 
        used by the Administration to identify HUBZones.''.
    (d) Redesignated Areas.--Section 3(p)(4)(C)(i) of the Small 
Business Act (15 U.S.C. 632(p)(4)(C)(i)) is amended to read as follows:
                            ``(i) 3 years after the first date on which 
                        the Administrator publishes a HUBZone map that 
                        is based on the results from the 2010 decennial 
                        census; or''.

SEC. 527. ANNUAL REPORT ON SUSPENSION, DEBARMENT, AND PROSECUTION.

    The Administrator shall submit an annual report to the Committee on 
Small Business and Entrepreneurship of the Senate and the Committee on 
Small Business of the House of Representatives that contains--
            (1) the number of debarments from participation in programs 
        of the Administration issued by the Administrator during the 1-
        year period preceding the date of the report, including--
                    (A) the number of debarments that were based on a 
                conviction; and
                    (B) the number of debarments that were fact-based 
                and did not involve a conviction;
            (2) the number of suspensions from participation in 
        programs of the Administration issued by the Administrator 
        during the 1-year period preceding the date of the report, 
        including--
                    (A) the number of suspensions issued that were 
                based upon indictments; and
                    (B) the number of suspensions issued that were 
                fact-based and did not involve an indictment;
            (3) the number of suspension and debarments issued by the 
        Administrator during the 1-year period preceding the date of 
        the report that were based upon referrals from offices of the 
        Administration, other than the Office of Inspector General;
            (4) the number of suspension and debarments issued by the 
        Administrator during the 1-year period preceding the date of 
        the report based upon referrals from the Office of Inspector 
        General; and
            (5) the number of persons that the Administrator declined 
        to debar or suspend after a referral described in paragraph 
        (8), and the reason for each such decision.

     Subtitle C--Fairness in Women-Owned Small Business Contracting

SEC. 531. SHORT TITLE.

    This subtitle may be cited as the ``Fairness in Women-Owned Small 
Business Contracting Act of 2012''.

SEC. 532. PROCUREMENT PROGRAM FOR WOMEN-OWNED SMALL BUSINESS CONCERNS.

    Section 8(m) of the Small Business Act (15 U.S.C. 637(m)) is 
amended--
            (1) in paragraph (2)--
                    (A) in subparagraph (A), by striking ``who are 
                economically disadvantaged'';
                    (B) in subparagraph (C), by striking ``paragraph 
                (3)'' and inserting ``paragraph (4)'';
                    (C) by striking subparagraph (D); and
                    (D) by redesignating subparagraphs (E) and (F) as 
                subparagraphs (D) and (E), respectively; and
            (2) by adding at the end the following:
            ``(7) Sole source contracts.--A contracting officer may 
        award a sole source contract under this subsection to a small 
        business concern owned and controlled by women under the same 
        conditions as a sole source contract may be awarded to a 
        qualified HUBZone small business concern under section 
        31(b)(2)(A).''.

SEC. 533. STUDY AND REPORT ON REPRESENTATION OF WOMEN.

    Section 29 of the Small Business Act (15 U.S.C. 656), as amended by 
section 424 of this Act, is amended by adding at the end the following:
    ``(n) Study and Report on Representation of Women.--
            ``(1) Study.--The Administrator shall periodically conduct 
        a study to identify any United States industry, as defined 
        under the North American Industry Classification System, in 
        which women are underrepresented.
            ``(2) Report.--Not later than 5 years after the date of 
        enactment of this subsection, and every 5 years thereafter, the 
        Administrator 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 on the 
        results of each study under paragraph (1) conducted during the 
        5-year period ending on the date of the report.''.

                  Subtitle D--Small Business Champion

SEC. 541. SHORT TITLE.

    This subtitle may be cited as the ``Small Business Champion Act of 
2012''.

SEC. 542. OFFICES OF SMALL AND DISADVANTAGED BUSINESS UTILIZATION.

    (a) Appointment and Position of Director.--Section 15(k)(2) of the 
Small Business Act (15 U.S.C. 644(k)(2)) is amended by striking ``such 
agency,'' and inserting ``such agency to a position that is a Senior 
Executive Service position (as such term is defined under section 
3132(a) of title 5, United States Code), except that, for any agency in 
which the positions of Chief Acquisition Officer and senior procurement 
executive (as such terms are defined under section 43(a) of this Act) 
are not Senior Executive Service positions, the Director of Small and 
Disadvantaged Business Utilization may be appointed to a position 
compensated at not less than the minimum rate of basic pay payable for 
grade GS-15 of the General Schedule under section 5332 of such title 
(including comparability payments under section 5304 of such title);''.
    (b) Performance Appraisals.--Section 15(k)(3) of the Small Business 
Act (15 U.S.C. 644(k)(3)) is amended--
            (1) by striking ``be responsible only to, and report 
        directly to, the head'' and inserting ``shall be responsible 
        only to (including with respect to performance appraisals), and 
        report directly and exclusively to, the head''; and
            (2) by striking ``be responsible only to, and report 
        directly to, such Secretary'' and inserting ``be responsible 
        only to (including with respect to performance appraisals), and 
        report directly and exclusively to, such Secretary''.
    (c) Small Business Technical Advisers.--Section 15(k)(8)(B) of the 
Small Business Act (15 U.S.C. 644(k)(8)(B)) is amended by striking 
``and 15 of this Act,'' and inserting ``, 15, and 43 of this Act;''.
    (d) Additional Requirements.--Section 15(k) of the Small Business 
Act (15 U.S.C. 644(k)) is amended by inserting after paragraph (10) the 
following:
            ``(11) shall review and advise such agency on any decision 
        to convert an activity performed by a small business concern to 
        an activity performed by a Federal employee;
            ``(12) shall provide to the Chief Acquisition Officer and 
        senior procurement executive of such agency advice and comments 
        on acquisition strategies, market research, and justifications 
        related to section 43 of this Act;
            ``(13) may provide training to small business concerns and 
        contract specialists, except that such training may only be 
        provided to the extent that the training does not interfere 
        with the Director carrying out other responsibilities under 
        this subsection;
            ``(14) shall carry out exclusively the duties enumerated in 
        this Act, and shall, while the Director, not hold any other 
        title, position, or responsibility, except as necessary to 
        carry out responsibilities under this subsection;
            ``(15) shall submit, each fiscal year, to the Committee on 
        Small Business of the House of Representatives and the 
        Committee on Small Business and Entrepreneurship of the Senate 
        a report describing--
                    ``(A) the training provided by the Director under 
                paragraph (13) in the most recently completed fiscal 
                year;
                    ``(B) the percentage of the budget of the Director 
                used for such training in the most recently completed 
                fiscal year; and
                    ``(C) the percentage of the budget of the Director 
                used for travel in the most recently completed fiscal 
                year; and
            ``(16) shall have not less than 10 years of relevant 
        procurement experience.''.
    (e) Technical Amendments.--Section 15(k) of the Small Business Act 
(15 U.S.C. 644(k)), as amended by subsection (d), is further amended--
            (1) in the matter preceding paragraph (1) by striking ``who 
        shall'' and inserting ``who'';
            (2) in paragraph (1)--
                    (A) by striking ``be known'' and inserting ``shall 
                be known''; and
                    (B) by striking ``such agency,'' and inserting 
                ``such agency;'';
            (3) in paragraph (2) by striking ``be appointed by'' and 
        inserting ``shall be appointed by'';
            (4) in paragraph (3)--
                    (A) by striking ``director'' and inserting 
                ``Director''; and
                    (B) by striking ``Secretary's designee,'' and 
                inserting ``Secretary's designee;'';
            (5) in paragraph (4)--
                    (A) by striking ``be responsible'' and inserting 
                ``shall be responsible''; and
                    (B) by striking ``such agency,'' and inserting 
                ``such agency;'';
            (6) in paragraph (5) by striking ``identify proposed'' and 
        inserting ``shall identify proposed'';
            (7) in paragraph (6) by striking ``assist small'' and 
        inserting ``shall assist small'';
            (8) in paragraph (7)--
                    (A) by striking ``have supervisory'' and inserting 
                ``shall have supervisory''; and
                    (B) by striking ``this Act,'' and inserting ``this 
                Act;'';
            (9) in paragraph (8)--
                    (A) by striking ``assign a'' and inserting ``shall 
                assign a''; and
                    (B) by striking ``the activity, and'' and inserting 
                ``the activity; and'';
            (10) in paragraph (9)--
                    (A) by striking ``cooperate, and'' and inserting 
                ``shall cooperate, and''; and
                    (B) by striking ``subsection, and'' and inserting 
                ``subsection;''; and
            (11) in paragraph (10)--
                    (A) by striking ``make recommendations'' and 
                inserting ``shall make recommendations'';
                    (B) by striking ``subsection (a), or section'' and 
                inserting ``subsection (a), section'';
                    (C) by striking ``Act or section 2323'' and 
                inserting ``Act, or section 2323'';
                    (D) by striking ``Code. Such recommendations 
                shall'' and inserting ``Code, which shall''; and
                    (E) by striking ``contract file.'' and inserting 
                ``contract file;''.

SEC. 543. SMALL BUSINESS PROCUREMENT ADVISORY COUNCIL.

    (a) Duties.--Section 7104(b) of the Federal Acquisition 
Streamlining Act of 1994 (15 U.S.C. 644 note) is amended--
            (1) in paragraph (1) by striking ``and'' at the end;
            (2) in paragraph (2) by striking ``authorities.'' and 
        inserting ``authorities;''; and
            (3) by adding at the end the following:
            ``(3) to conduct reviews of each Office of Small and 
        Disadvantaged Business Utilization established under section 
        15(k) of the Small Business Act (15 U.S.C. 644(k)) to determine 
        the compliance of each Office with requirements under such 
        section;
            ``(4) to identify best practices for maximizing small 
        business utilization in Federal contracting that may be 
        implemented by Federal agencies having procurement powers; and
            ``(5) to submit, annually, to the Committee on Small 
        Business of the House of Representatives and the Committee on 
        Small Business and Entrepreneurship of the Senate a report 
        describing--
                    ``(A) the comments submitted under paragraph (2) 
                during the 1-year period ending on the date on which 
                the report is submitted, including any outcomes related 
                to the comments;
                    ``(B) the results of reviews conducted under 
                paragraph (3) during such 1-year period; and
                    ``(C) best practices identified under paragraph (4) 
                during such 1-year period.''.
    (b) Membership.--Section 7104(c) of the Federal Acquisition 
Streamlining Act of 1994 (15 U.S.C. 644 note) is amended by striking 
``(established under section 15(k) of the Small Business Act (15 U.S.C. 
644(k))''.
    (c) Chairman.--Section 7104(d) of the Federal Acquisition 
Streamlining Act of 1994 (15 U.S.C. 644 note) is amended by inserting 
after ``Small Business Administration'' the following: ``(or the 
designee of the Administrator)''.

       TITLE VI--TRANSPARENCY, ACCOUNTABILITY, AND EFFECTIVENESS

             Subtitle A--Small Business Common Application

SEC. 611. DEFINITIONS.

    In this subtitle--
            (1) the terms ``Administration'' and ``Administrator'' mean 
        the Small Business Administration and the Administrator 
        thereof, respectively;
            (2) the term ``Executive agency'' has the meaning given 
        that term under section 105 of title 5, United States Code;
            (3) the term ``Executive Committee'' means the Executive 
        Committee on a Small Business Common Application established 
        under section 613(a); and
            (4) the term ``small business concern'' has the meaning 
        given that term under section 3 of the Small Business Act (15 
        U.S.C. 632).

SEC. 612. SENSE OF CONGRESS.

    It is the sense of Congress that Executive agencies should--
            (1) reduce paperwork burdens on small business concerns 
        pursuant to section 3501 of title 44, United States Code;
            (2) maximize the ability of small business concerns to use 
        common applications, where practicable, and use consolidated 
        web portals to interact with Executive agencies;
            (3) maintain high standards for data privacy and security;
            (4) increase the degree and ease of information sharing and 
        coordination among programs serving small business concerns 
        that are carried out by Executive agencies, including State and 
        local offices of Executive agencies; and
            (5) minimize redundancy in the administration of programs 
        that can utilize common applications, where practicable, and 
        consolidated web portals.

SEC. 613. EXECUTIVE COMMITTEE ON A SMALL BUSINESS COMMON APPLICATION.

    (a) Establishment.--There is established in the Administration an 
Executive Committee on a Small Business Common Application, which shall 
make recommendations regarding the establishment, if practicable, of a 
small business common application and web portal.
    (b) Membership.--
            (1) In general.--The members of the Executive Committee 
        shall consist of--
                    (A) the Administrator;
                    (B) the Assistant Secretary of Commerce for 
                Economic Development; and
                    (C) 1 senior officer or employee having policy and 
                technical expertise appointed by each of--
                            (i) the Administrator of the General 
                        Services Administration;
                            (ii) the Director of the National 
                        Institutes of Health;
                            (iii) the Director of the National Science 
                        Foundation;
                            (iv) the President of the Export-Import 
                        Bank;
                            (v) the Secretary of Agriculture;
                            (vi) the Secretary of Defense;
                            (vii) the Secretary of Health and Human 
                        Services;
                            (viii) the Secretary of Labor;
                            (ix) the Secretary of State;
                            (x) the Secretary of the Treasury; and
                            (xi) the Secretary of Veterans Affairs.
            (2) Chairperson.--The Administrator shall serve as 
        chairperson of the Executive Committee.
            (3) Period of appointment.--Members of the Executive 
        Committee shall be appointed for a term of 1 year.
            (4) Vacancies.--A vacancy in the Executive Committee shall 
        be filled in the same manner as the original appointment, not 
        later than 30 days after the date on which the vacancy occurs.
    (c) Meetings.--
            (1) In general.--The Executive Committee shall meet at the 
        call of the chairperson of the Executive Committee.
            (2) Quorum.--A majority of the members of the Executive 
        Committee shall constitute a quorum.
            (3) First meeting.--The first meeting of the Executive 
        Committee shall take place not later than 30 days after the 
        date of enactment of this subtitle.
            (4) Public meeting.--The Executive Committee shall hold at 
        least 1 public meeting before the date described in subsection 
        (d)(1) to receive comments from small business concerns and 
        other interested parties.
    (d) Duties.--
            (1) Recommendations.--Not later than 270 days after the 
        date of enactment of this Act, upon a vote of the majority of 
        members of the Executive Committee then serving, the Executive 
        Committee shall submit to the Administrator recommendations 
        relating to the feasibility of establishing a small business 
        common application and web portal in order to meet the goals 
        described in section 612.
            (2) Transmission to executive agencies.--The Executive 
        Committee shall transmit to each Executive agency a complete 
        copy of the recommendations submitted under paragraph (1).
            (3) Transmission to congress.--The Executive Committee 
        shall transmit to each relevant committee of Congress a 
        complete copy of the recommendations submitted under paragraph 
        (1).
            (4) Recommendations by executive agencies.--Not later than 
        30 days after the date on which the Executive Committee 
        transmits recommendations to the Executive agency under 
        paragraph (2), each Executive agency that provides Federal 
        assistance to small business concerns shall submit to Congress 
        recommendations, if any, for legislative changes necessary for 
        the Executive agency to carry out the recommendations under 
        paragraph (1).
    (e) Personnel Matters.--
            (1) Compensation of members.--The members of the Executive 
        Committee shall serve without compensation in addition to that 
        received for their services as officers or employees of the 
        United States.
            (2) Detail of employees.--The Administrator may detail to 
        the Executive Committee any employee of the Economic 
        Development Administration, and such detail shall be without 
        interruption or loss of civil service status or privilege.
    (f) Federal Advisory Committee Act.--Section 14 of the Federal 
Advisory Committee Act (5 U.S.C. App.) shall not apply with respect to 
the Executive Committee.

SEC. 614. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated to the Administrator such 
sums as may be necessary to carry out this subtitle.

          Subtitle B--Government Accountability Office Review

SEC. 621. GOVERNMENT ACCOUNTABILITY OFFICE REVIEW.

    Not later than 2 years after the date of enactment of this Act, the 
Comptroller General of the United States shall submit a report to the 
Committee on Small Business and Entrepreneurship of the Senate and the 
Committee on Small Business of the House of Representatives that 
evaluates the status of the programs authorized under this Act and the 
amendments made by this Act, including the extent to which such 
programs have been funded and implemented and have contributed to 
promoting job creation among small business concerns.
                                 <all>