II 112th CONGRESS 2d Session S. 3572 IN THE SENATE OF THE UNITED STATES September 19, 2012 Ms. Snowe introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986, title 5, United States Code, the Small Business Act, and the Small Business Investment Act of 1958 to provide certainty for small business concerns, and for other purposes.
1.
Short title
This Act may be cited as the Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012.
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 alternative minimum tax rules for general business credits of eligible small businesses. Sec. 104. Extension of 5-year carryback of general business credits of eligible small businesses. Sec. 105. Extension of reduction in S-corp recognition period for built-in gains tax. Sec. 106. Extension of increased expensing limitations and treatment of certain real property as section 179 property. Sec. 107. Extension of special rule for long-term contract accounting. Sec. 108. Extension of increased amount allowed as a deduction for start-up expenditures. Sec. 109. Extension of allowance of deduction for health insurance in computing self-employment taxes. TITLE II—Regulatory relief Sec. 201. Findings. Sec. 202. Including indirect economic impact in small entity analyses. Sec. 203. Judicial review to allow small entities to challenge proposed regulations. Sec. 204. Periodic review. Sec. 205. Requiring small business review panels for additional agencies. Sec. 206. Expanding the Regulatory Flexibility Act to agency guidance documents. Sec. 207. Requiring the Internal Revenue Service to consider small entity impact. Sec. 208. Reporting on enforcement actions relating to small entities. Sec. 209. Requiring more detailed small entity analyses. Sec. 210. Ensuring that agencies consider small entity impact during the rulemaking process. Sec. 211. Additional powers of the Office of Advocacy. Sec. 212. Technical and conforming amendments. Sec. 213. Regulatory transparency reporting. TITLE III—Access to capital Subtitle A—Expanding Access to Capital for Entrepreneurial Leaders Sec. 311. Short title. Sec. 312. Program authorization. Sec. 313. Family of funds. Sec. 314. Adjustment for inflation. Sec. 315. Public availability of information. Sec. 316. Authorized uses of licensing fees. Sec. 317. Sense of Congress. Subtitle B—Low-Interest Refinancing Sec. 321. Low-interest refinancing under the local development business loan program. TITLE IV—Entrepreneurial support 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. Subtitle E—Expanding Women's Entrepreneurship Sec. 451. Definitions. Sec. 452. National Women's High-Growth Business Bipartisan Task Force. Sec. 453. Repeal. Subtitle F—Improving Mentoring for Entrepreneurs Sec. 461. Definitions. Sec. 462. Establishment of Advisory Board. Sec. 463. Duties of the SCORE Advisory Board. Sec. 464. Powers of the SCORE Advisory Board. Sec. 465. SCORE Advisory Board personnel matters. Sec. 466. Inapplicability of the Federal Advisory Committee Act to the SCORE Advisory Board. Sec. 467. Funding. Sec. 468. Reauthorization. Sec. 469. Chief executive officer of SCORE. Sec. 470. Allocation committee. Sec. 471. Allocation of amounts. Sec. 472. GAO study and report. 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. Subtitle E—Subcontracts Sec. 551. Subcontracts awarded by Federally Funded Research and Development Centers.
<enum>I</enum><header>Small business tax extenders</header> <section id="idD6ECA552094949DC9556512F5930B859"><enum>101.</enum><header>References</header><text display-inline="no-display-inline">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.</text> </section><section id="id1659DD96D6F14150B753A33288F4BBBF"><enum>102.</enum><header>Extension of temporary exclusion of 100 percent of gain on certain small business stock</header> <subsection id="id6203806FEBBC43E38AD768C48F9CBE61"><enum>(a)</enum><header>In general</header><text>Paragraph (4) of section 1202(a) is amended—</text> <paragraph id="idE761FFB0340849A8805F5E4DD76D44B1"><enum>(1)</enum><text>by striking <quote>January 1, 2012</quote> and inserting <quote>January 1, 2014</quote>, and</text> </paragraph><paragraph id="idAFF7919E69B64D7E9E18EC99F1F4027C"><enum>(2)</enum><text>by striking <quote><header-in-text level="paragraph" style="OLC">and</header-in-text> 2011</quote> and inserting <quote>, 2011, 2012, <header-in-text level="paragraph" style="OLC">and</header-in-text> 2013</quote> in the heading thereof.</text> </paragraph></subsection><subsection commented="no" id="id0D2F6C531CE84740AEF1201DB243858B"><enum>(b)</enum><header>Technical amendments</header> <paragraph commented="no" id="idC2C21A7C1A9D464ABD9629C867C201DD"><enum>(1)</enum><header>Special rule for 2009 and certain period in 2010</header><text>Paragraph (3) of section 1202(a) is amended by adding at the end the following new flush sentence:</text> <continuation-text commented="no" continuation-text-level="paragraph"><quote>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.</quote>.</continuation-text></paragraph><paragraph commented="no" id="id63373A0DCA07466A99C9771D44776402"><enum>(2)</enum><header>100 percent exclusion</header><text>Paragraph (4) of section 1202(a) is amended by adding at the end the following new flush sentence:</text> <continuation-text commented="no" continuation-text-level="paragraph"><quote>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.</quote>.</continuation-text></paragraph></subsection><subsection commented="no" id="idC2129FE6DF8B405A86BB2CB9863B0E76"><enum>(c)</enum><header>Effective dates</header> <paragraph commented="no" id="id5A692B4986DB44EABF1F48C94547DFD9"><enum>(1)</enum><header>In general</header><text>The amendments made by subsection (a) shall apply to stock acquired after December 31, 2011.</text> </paragraph><paragraph commented="no" id="idDA8BDEB40E1A422A8056B4220F43CA18"><enum>(2)</enum><header>Subsection <enum-in-header>(b)(1)</enum-in-header></header><text>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.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id4052596CC5464F2ABC28ADBD533CD834"><enum>(3)</enum><header>Subsection <enum-in-header>(b)(2)</enum-in-header></header><text>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.</text> </paragraph></subsection></section><section id="id7C1364039C4B4E649BFD469118137D9A"><enum>103.</enum><header>Extension of alternative minimum tax rules for general business credits of eligible small businesses</header> <subsection id="idDC0557B2C2A943B9A0772559B04AF826"><enum>(a)</enum><header>In general</header><text>Subparagraph (A) of section 38(c)(5) is amended by inserting <quote>, 2011, or 2012</quote> after <quote>2010</quote>.</text> </subsection><subsection commented="no" id="idA59BB69C2EE64674B0F2B00E9F93BA87"><enum>(b)</enum><header>Technical amendment</header><text>Section 38(c)(5)(B) is amended—</text> <paragraph commented="no" id="id313911ACCEBB409B91208BE790550946"><enum>(1)</enum><text>by striking <quote>the sum of</quote>, and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id51E95CA75D0747238B39CCEB41CB1A25"><enum>(2)</enum><text>by inserting <quote>for any taxable year to which subparagraph (A) applies</quote> after <quote>or (4)</quote>.</text> </paragraph></subsection><subsection commented="no" id="id5DBE177003D64E5EAB50E97494364977"><enum>(c)</enum><header>Effective dates</header> <paragraph commented="no" id="idC06E7DC19810409ABF84FDD05669B06E"><enum>(1)</enum><header>In general</header><text>The amendment made by subsection (a) shall apply to credits determined in taxable years beginning after December 31, 2010, and to carrybacks of such credits.</text> </paragraph><paragraph commented="no" id="id969E41FB48B3451D83858272D7B955C3"><enum>(2)</enum><header>Technical amendments</header><text>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.</text> </paragraph></subsection></section><section id="id4FE1772840384B40BEF61829C8FDF5BD"><enum>104.</enum><header>Extension of 5-year carryback of general business credits of eligible small businesses</header> <subsection id="idD74F9B1903394C97A2F2B501CF79E1CD"><enum>(a)</enum><header>In general</header><text>Subparagraph (A) of section 39(a)(4) is amended by inserting <quote>or in taxable years beginning in 2011, 2012, or 2013</quote> after <quote>2010</quote>.</text> </subsection><subsection commented="no" id="idA59BF8A4E309448D8E234795EA3D7B4F"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to credits determined in taxable years beginning after December 31, 2010.</text> </subsection></section><section id="id7FA8BEBD508D44F5B3A290EA5CC03B7B"><enum>105.</enum><header>Extension of reduction in S-corp recognition period for built-in gains tax</header> <subsection id="idB42328F108FA4C4F9F2616C07D0618FE"><enum>(a)</enum><header>In general</header><text>Paragraph (7) of section 1374(d) is amended—</text> <paragraph id="id8E51D311E14C4628B27967036728F223"><enum>(1)</enum><text>by redesignating subparagraph (C) as subparagraph (D), and</text> </paragraph><paragraph id="idD28D1479C5824A259B243AFB26801C88"><enum>(2)</enum><text>by inserting after subparagraph (B) the following new subparagraph:</text> <quoted-block act-name="" id="idF43F0C709F8144D7B8872391A6B07182" style="OLC"> <subparagraph id="id026A5F8A93684116808F5FAD8AEF81F7"><enum>(C)</enum><header>Special rule for 2012 and 2013</header><text>For dispositions of property in taxable years beginning in 2012 or 2013, subparagraphs (A) and (D) shall be applied by substituting <quote>5-year</quote> for <quote>10-year</quote>.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="id746E2C67D0F24639BE460775F4789104"><enum>(b)</enum><header>Technical amendment</header><text>Subparagraph (B) of section 1374(d)(2) is amended by inserting <quote>described in subparagraph (A)</quote> after <quote>, for any taxable year</quote>.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="id691BD72EBE35488E9F081B209D01228B"><enum>(c)</enum><header>Effective date</header><text>The amendments made by subsection (a) shall apply to taxable years beginning after December 31, 2011.</text> </subsection></section><section id="idC3D5BA34547F435BBB7BC49F43B386AB"><enum>106.</enum><header>Extension of increased expensing limitations and treatment of certain real property as section 179 property</header> <subsection id="id1984E2F68E3049C8A1341FE82A907301"><enum>(a)</enum><header>In general</header><text>Section 179(b) is amended—</text> <paragraph id="id68AAEDB25C2A4A66B43EF89DF58784D4"><enum>(1)</enum><text>by striking <quote>2010 or 2011</quote> each place it appears in paragraph (1)(B) and (2)(B) and inserting <quote>2010, 2011, 2012, or 2013</quote>,</text> </paragraph><paragraph id="id63E39CEFF14A457893A0DA6456B9740C"><enum>(2)</enum><text>by striking <quote>2012</quote> each place it appears in paragraph (1)(C) and (2)(C) and inserting <quote>2014</quote>, and</text> </paragraph><paragraph id="id2A03030008D44D2EB07DC6ECFF917CAC"><enum>(3)</enum><text>by striking <quote>2012</quote> each place it appears in paragraph (1)(D) and (2)(D) and inserting <quote>2014</quote>.</text> </paragraph></subsection><subsection id="idF0888D06A88D4B94A6DA2CFABB40265D"><enum>(b)</enum><header>Inflation adjustment</header><text>Subparagraph (A) of section 179(b)(6) is amended by striking <quote>2012</quote> and inserting <quote>2013</quote>.</text> </subsection><subsection id="idA2923FC914214062B3152258D42AEE6C"><enum>(c)</enum><header>Computer software</header><text>Section 179(d)(1)(A)(ii) is amended by striking <quote>2013</quote> and inserting <quote>2014</quote>.</text> </subsection><subsection id="idA4061141549C49C595F0EE0CC02F7B20"><enum>(d)</enum><header>Election</header><text>Section 179(c)(2) is amended by striking <quote>2013</quote> and inserting <quote>2014</quote>.</text> </subsection><subsection id="id28964FBB89BE446C841D632616D4143A"><enum>(e)</enum><header>Special rules for treatment of qualified real property</header> <paragraph id="id58E00219C2D645A69CB102BB8F210553"><enum>(1)</enum><header>In general</header><text>Section 179(f)(1) is amended by striking <quote>2010 or 2011</quote> and inserting <quote>2010, 2011, 2012, or 2013</quote>.</text> </paragraph><paragraph id="id96f115a2649f4e6bb6f25f452a8e0df3"><enum>(2)</enum><header>Carryover limitation</header> <subparagraph id="id067d8afdc4da43f6bb3533aa933f5456"><enum>(A)</enum><header>In general</header><text>Section 179(f)(4) is amended by striking <quote>2011</quote> each place it appears and inserting <quote>2013</quote>.</text> </subparagraph><subparagraph id="idd67e95cfbe714a58a79523cd661ffc6a"><enum>(B)</enum><header>Conforming amendment</header><text>The heading for subparagraph (C) of section 179(f)(4) is amended by striking <quote>2010</quote> and inserting <quote>2010, 2011 and 2012</quote>.</text> </subparagraph></paragraph></subsection><subsection id="id2C78E3463276463C9353A992AE3A9150"><enum>(f)</enum><header>Effective date</header><text>The amendments made by this section shall apply to taxable years beginning after December 31, 2011.</text> </subsection></section><section commented="no" id="id5F69161F7AFE4D1EBC633AD53EA38D8F"><enum>107.</enum><header>Extension of special rule for long-term contract accounting</header> <subsection commented="no" id="idFE72EBF068B844488B46C8D9905D1CA6"><enum>(a)</enum><header>In general</header><text>Clause (ii) of section 460(c)(6)(B) is amended by striking <quote>January 1, 2011 (January 1, 2012</quote> and inserting <quote>January 1, 2014 (January 1, 2015</quote>.</text> </subsection><subsection commented="no" id="id34CD93B44916418BA05A9A3BA4772C08"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to property placed in service after December 31, 2010.</text> </subsection></section><section id="idEBB665E090EF45B8A156672573075009"><enum>108.</enum><header>Extension of increased amount allowed as a deduction for start-up expenditures</header> <subsection id="id655DD0C235DC4ECEA0CA04EFF0CBD10E"><enum>(a)</enum><header>In general</header><text>Paragraph (3) of section 195(b) is amended—</text> <paragraph id="id58BE1768DF394237840A5EF42B733D0F"><enum>(1)</enum><text>by inserting <quote>, 2011, 2012, or 2013</quote> after <quote>2010</quote>, and</text> </paragraph><paragraph id="id2DC86F0A27D544F89679A90F40FFC839"><enum>(2)</enum><text>by inserting <quote><header-in-text level="paragraph" style="OLC">2011, 2012, and 2013</header-in-text></quote> in the heading thereof.</text> </paragraph></subsection><subsection commented="no" id="id57F271F761E4429EA9D9A2E877FFD683"><enum>(b)</enum><header>Effective date</header><text>The amendments made by this section shall apply to amounts paid or incurred in taxable years beginning after December 31, 2010.</text> </subsection></section><section id="idC11A0F7691C74FAB99D472367D84BBEB"><enum>109.</enum><header>Extension of allowance of deduction for health insurance in computing self-employment taxes</header> <subsection id="id9F7E8487F9DD4536AEF94B46818CF0F1"><enum>(a)</enum><header>In general</header><text>Paragraph (4) of section 162(l) is amended by striking <quote>December 31, 2010</quote> and inserting <quote>December 31, 2013</quote>.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="id47F40A8172E34BA29E8E4A1A3F1211A0"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to taxable years beginning after December 31, 2010.</text> </subsection></section><enum>II</enum><header>Regulatory relief</header> <section id="ID5FED9ECE74E049CAB0E30FA1D3DAD856"><enum>201.</enum><header>Findings</header><text display-inline="no-display-inline">Congress finds the following:</text> <paragraph id="ID18B59B98E5F7457DA941E758F4C4B622"><enum>(1)</enum><text>A vibrant and growing small business sector is critical to the recovery of the economy of the United States.</text> </paragraph><paragraph id="ID7ACDE27B41E4426993876F7679C6259A"><enum>(2)</enum><text>Regulations designed for application to large-scale entities have been applied uniformly to small businesses and other small entities, sometimes inhibiting the ability of small entities to create new jobs.</text> </paragraph><paragraph id="ID99B7A3E3F2404432A70FF75064326F57"><enum>(3)</enum><text>Uniform Federal regulatory and reporting requirements in many instances have imposed on small businesses and other small entities unnecessary and disproportionately burdensome demands, including legal, accounting, and consulting costs, thereby threatening the viability of small entities and the ability of small entities to compete and create new jobs in a global marketplace.</text> </paragraph><paragraph id="ID3D3ED19F47894B93BB814E93BCF1A449"><enum>(4)</enum><text>Since 1980, Federal agencies have been required to recognize and take account of the differences in the scale and resources of regulated entities, but in many instances have failed to do so.</text> </paragraph><paragraph id="ID74b136e646e64044bc90f10e8e82b349"><enum>(5)</enum><text>In 2009, there were nearly 70,000 pages in the Federal Register, and, according to research by the Office of Advocacy of the Small Business Administration, the annual cost of Federal regulations totals $1,750,000,000,000. Small firms bear a disproportionate burden, paying approximately 36 percent more per employee than larger firms in annual regulatory compliance costs.</text> </paragraph><paragraph id="id5DBDA186C98A4D579BE978A468890CEE"><enum>(6)</enum><text>All agencies in the Federal Government should fully consider the costs, including indirect economic impacts and the potential for job loss, of proposed rules, periodically review existing regulations to determine their impact on small entities, and repeal regulations that are unnecessarily duplicative or have outlived their stated purpose.</text> </paragraph><paragraph id="ID1D71B6D38AC148BE84AE545BAC5304FB"><enum>(7)</enum><text>It is the intention of Congress to amend chapter 6 of title 5, United States Code, to ensure that all impacts, including foreseeable indirect effects, of proposed and final rules are considered by agencies during the rulemaking process and that the agencies assess a full range of alternatives that will limit adverse economic consequences, enhance economic benefits, and fully address potential job loss.</text> </paragraph></section><section id="ID2AA2C8F7C9C8430FAED5E25F4048E700"><enum>202.</enum><header>Including indirect economic impact in small entity analyses</header><text display-inline="no-display-inline">Section 601 of title 5, United States Code, is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="IDEDADB1282A9144CE82A8F32D92940636" style="OLC"> <paragraph id="ID2008BE38FE1940338A0E3D76E9A1E1F3"><enum>(9)</enum><text>the term <term>economic impact</term> means, with respect to a proposed or final rule—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id0200910476A0414CA30482D7B9836374"><enum>(A)</enum><text>the economic effects on small entities directly regulated by the rule; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idE4F1114D75CF40E18B641409E72B7081"><enum>(B)</enum><text>the reasonably foreseeable economic effects of the rule on small entities that—</text> <clause commented="no" display-inline="no-display-inline" id="idA1C50E80BFEB4CA49174637F5AA4760E"><enum>(i)</enum><text>purchase products or services from, sell products or services to, or otherwise conduct business with entities directly regulated by the rule;</text> </clause><clause commented="no" display-inline="no-display-inline" id="idA67315754C634E9D8663F23943AB5CD8"><enum>(ii)</enum><text>are directly regulated by other governmental entities as a result of the rule; or</text> </clause><clause commented="no" display-inline="no-display-inline" id="id88A6D4B06B8E48279C95E7416005B2E3"><enum>(iii)</enum><text>are not directly regulated by the agency as a result of the rule but are otherwise subject to other agency regulations as a result of the rule.</text> </clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="id724D4B28840C49B5AF3057307D24099E"><enum>203.</enum><header>Judicial review to allow small entities to challenge proposed regulations</header><text display-inline="no-display-inline">Section 611(a) of title 5, United States Code, is amended—</text> <paragraph id="id9808CE39AA214FDCA83E6D46DD18E624"><enum>(1)</enum><text>in paragraph (1), by inserting <quote>603,</quote> after <quote>601,</quote>;</text> </paragraph><paragraph id="id94A928348C1A4707BAE020FA7B41FE6C"><enum>(2)</enum><text>in paragraph (2), by inserting <quote>603,</quote> after <quote>601,</quote>;</text> </paragraph><paragraph id="idBB161C06B8A64AC8A13504883A1C176C"><enum>(3)</enum><text>by striking paragraph (3) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="idBFBAF79C567E47A09EC871C5C6834166" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="HB5966E1A4DCA4817D3A17D99F52BB6D" indent="up1"><enum>(3)</enum><text>A small entity may seek such review during the 1-year period beginning on the date of final agency action, except that—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id18E50575172442DC8101CAF0B56DF7D8"><enum>(A)</enum><text>if a provision of law requires that an action challenging a final agency action be commenced before the expiration of 1 year, the lesser period shall apply to an action for judicial review under this section; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id7121A67145CC468A827BEB019ACE8720"><enum>(B)</enum><text>in the case of noncompliance with section 603 or 605(b), a small entity may seek judicial review of agency compliance with such section before the close of the public comment period.</text> </subparagraph></paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph id="id45D63E4B662E404085C3B167C903F347"><enum>(4)</enum><text>in paragraph (4)—</text> <subparagraph id="id450756A25C5F4BF4A31ABD8C462F7163"><enum>(A)</enum><text>in subparagraph (A), by striking <quote>, and</quote> and inserting a semicolon;</text> </subparagraph><subparagraph id="id8F5AC803FEF94D53A9A9231CFF9B4A08"><enum>(B)</enum><text>in subparagraph (B), by striking the period and inserting <quote>; or</quote>; and</text> </subparagraph><subparagraph id="idECB208751AE1474EB1B726A7E05CB79E"><enum>(C)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idA68D97209134488BA83DE4342BB069B7" style="OLC"> <subparagraph id="idD03C42FF02EB48EA8D7AE6B58B9ED3A5" indent="up1"><enum>(C)</enum><text>issuing an injunction prohibiting an agency from taking any agency action with respect to a rulemaking until that agency is in compliance with the requirements of section 603 or 605.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph></section><section id="id6CCF9C19953144EEB7F23B3DC52A0EF3"><enum>204.</enum><header>Periodic review</header><text display-inline="no-display-inline">Section 610 of title 5, United States Code, is amended to read as follows:</text> <quoted-block id="idBB19ED1A6E94473798098BBFC680E1A8" style="USC"> <section id="idA4C726593D314B00970CDD5C1A310679"><enum>610.</enum><header>Periodic review of rules</header> <subsection id="id8D110941B0EF4C33819702723D0EAF38"><enum>(a)</enum><paragraph commented="no" display-inline="yes-display-inline" id="idF89617E336EA4B9FB0B5477030945BB5"><enum>(1)</enum><text>Not later than 180 days after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>, each agency shall establish a plan for the periodic review of—</text> <subparagraph id="id542E5BF666B04E0080DC8BD168D8F1DC" indent="up1"><enum>(A)</enum><text>each rule issued by the agency that the head of the agency determines has a significant economic impact on a substantial number of small entities, without regard to whether the agency performed an analysis under section 604 with respect to the rule; and</text> </subparagraph><subparagraph id="id34A7815BB37C4099A8A61B3A50BAC7E5" indent="up1"><enum>(B)</enum><text>any small entity compliance guide required to be published by the agency under section 212 of the Small Business Regulatory Enforcement Fairness Act of 1996 (5 U.S.C. 601 note).</text> </subparagraph></paragraph><paragraph id="id61515192BA934DE2ACAA2B79F6D4AA2E" indent="up1"><enum>(2)</enum><text>In reviewing rules and small entity compliance guides under paragraph (1), the agency shall determine whether the rules and guides should—</text> <subparagraph id="id4B682CC0C3CF474BAA861EC16420C268"><enum>(A)</enum><text>be amended or rescinded, consistent with the stated objectives of applicable statutes, to minimize any significant adverse economic impacts on a substantial number of small entities (including an estimate of any adverse impacts on job creation and employment by small entities); or</text> </subparagraph><subparagraph id="idEA9AB6F4DC4D4FA59D704CE0AC342CFA"><enum>(B)</enum><text>continue in effect without change.</text> </subparagraph></paragraph><paragraph id="idB981CE4DCECA41FAAC5D9237693276D2" indent="up1"><enum>(3)</enum><text>Each agency shall publish the plan established under paragraph (1) in the Federal Register and on the Web site of the agency.</text> </paragraph><paragraph id="id45B49FCB5DA643459DE07097879FE110" indent="up1"><enum>(4)</enum><text>An agency may amend the plan established under paragraph (1) at any time by publishing the amendment in the Federal Register and on the Web site of the agency.</text> </paragraph></subsection><subsection id="id5E50A4BB59734068A952110B13FC06F3"><enum>(b)</enum><text>Each plan established under subsection (a) shall provide for—</text> <paragraph id="idC46FD04F97EB402695FA2B494BC6F4C6"><enum>(1)</enum><text>the review of each rule and small entity compliance guide described in subsection (a)(1) in effect on the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>—</text> <subparagraph id="idEF3D61E1F76E4F2989C49408A15A2C85"><enum>(A)</enum><text>not later than 9 years after the date of publication of the plan in the Federal Register; and</text> </subparagraph><subparagraph id="idBAD7110BE9994BCEAB081244902D3558"><enum>(B)</enum><text>every 9 years thereafter; and</text> </subparagraph></paragraph><paragraph id="id47F4DDABFCAD46E48EAB1042EB200FFB"><enum>(2)</enum><text>the review of each rule adopted and small entity compliance guide described in subsection (a)(1) that is published after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>—</text> <subparagraph id="idABF50ED055DB426994B1E65F0BD4D78A"><enum>(A)</enum><text>not later than 9 years after the publication of the final rule in the Federal Register; and</text> </subparagraph><subparagraph id="idB175485A6B7E4E359610C5192BBBAA59"><enum>(B)</enum><text>every 9 years thereafter.</text> </subparagraph></paragraph></subsection><subsection id="idCB3A19EE8E504369BF5F580ECE2BA800"><enum>(c)</enum><text>In reviewing rules under the plan required under subsection (a), the agency shall consider—</text> <paragraph id="id4D464B71CE2A464B8AB17AFAB1A7B810"><enum>(1)</enum><text>the continued need for the rule;</text> </paragraph><paragraph id="id55AEEC7119FB4D95B26AAF8211E980F6"><enum>(2)</enum><text>the nature of complaints received by the agency from small entities concerning the rule;</text> </paragraph><paragraph id="idA1D20E98638B4267B08DCF33974D421A"><enum>(3)</enum><text>comments by the Regulatory Enforcement Ombudsman and the Chief Counsel for Advocacy of the Small Business Administration;</text> </paragraph><paragraph id="idB832C987900C4C8DA4CF7E98461EC5D4"><enum>(4)</enum><text>the complexity of the rule;</text> </paragraph><paragraph id="id76F6C95A57AA4906BF8509BBC96FEF85"><enum>(5)</enum><text>the extent to which the rule overlaps, duplicates, or conflicts with other Federal rules and, unless the head of the agency determines it to be infeasible, State and local rules;</text> </paragraph><paragraph id="id2EC1CC8FB5EE412DA48C21871F94631B"><enum>(6)</enum><text>the contribution of the rule to the cumulative economic impact of all Federal rules on the class of small entities affected by the rule, unless the head of the agency determines that such a calculation cannot be made;</text> </paragraph><paragraph id="id029956967CCC4D4CB14D219F73071BDB"><enum>(7)</enum><text>the length of time since the rule has been evaluated, or the degree to which technology, economic conditions, or other factors have changed in the area affected by the rule; and</text> </paragraph><paragraph id="id93CFCD1A8B6D415F8B51DD07F4CE1F9D"><enum>(8)</enum><text>the economic impact of the rule, including—</text> <subparagraph id="id40B5BCD1D4684E7194696BA66D9913A5"><enum>(A)</enum><text>the estimated number of small entities to which the rule will apply;</text> </subparagraph><subparagraph id="idF4613E8C8E2548849486091616369672"><enum>(B)</enum><text>the estimated number of small entity jobs that will be lost or created due to the rule; and</text> </subparagraph><subparagraph id="id02A4AF3097EA408F9F0789D4AFA1A2F9"><enum>(C)</enum><text>the projected reporting, recordkeeping, and other compliance requirements of the proposed rule, including—</text> <clause id="idF7C5C105CD1D455A98816CB25C8D3F16"><enum>(i)</enum><text>an estimate of the classes of small entities that will be subject to the requirement; and</text> </clause><clause id="id42B3B75268D240EF9C23F1BA3D9DA2B4"><enum>(ii)</enum><text>the type of professional skills necessary for preparation of the report or record.</text> </clause></subparagraph></paragraph></subsection><subsection id="id43999492614644D6808C92842E4ABF6D"><enum>(d)</enum><paragraph commented="no" display-inline="yes-display-inline" id="idFAA0F263D56E4116A2C106E087E93222"><enum>(1)</enum><text>Each agency shall submit an annual report regarding the results of the review required under subsection (a) to—</text> <subparagraph id="idB1766B22F0A74FC8BDA726D1E7D05BF3" indent="up1"><enum>(A)</enum><text>Congress; and</text> </subparagraph><subparagraph id="id70E609CCE225468AB1D896DEBE64848C" indent="up1"><enum>(B)</enum><text>in the case of an agency that is not an independent regulatory agency (as defined in section 3502(5) of title 44), the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget.</text> </subparagraph></paragraph><paragraph id="id3980D76829BB433F86B086E6AC5B9C27" indent="up1"><enum>(2)</enum><text>Each report required under paragraph (1) shall include a description of any rule or guide with respect to which the agency made a determination of infeasibility under paragraph (5) or (6) of subsection (c), together with a detailed explanation of the reasons for the determination.</text> </paragraph></subsection><subsection id="idA185E0D1FE2F4529B66750B7D7253BEB"><enum>(e)</enum><text>Each agency shall publish in the Federal Register and on the Web site of the agency a list of the rules and small entity compliance guides to be reviewed under the plan required under subsection (a) that includes—</text> <paragraph id="id34BE5C314F4A415DB146B013CBC0739C"><enum>(1)</enum><text>a brief description of each rule or guide;</text> </paragraph><paragraph id="idEBC2BD68B4234FBDAE6DAB0C51100B63"><enum>(2)</enum><text>for each rule, the reason why the head of the agency determined that the rule has a significant economic impact on a substantial number of small entities (without regard to whether the agency had prepared a final regulatory flexibility analysis for the rule); and</text> </paragraph><paragraph id="id6470942B43ED4CBF89057DEF012BC8BE"><enum>(3)</enum><text>a request for comments from the public, the Chief Counsel for Advocacy of the Small Business Administration, and the Regulatory Enforcement Ombudsman concerning the enforcement of the rules or publication of the guides.</text> </paragraph></subsection><subsection id="id1E164A3A1EBE4522937B620F693D4A03"><enum>(f)</enum><paragraph commented="no" display-inline="yes-display-inline" id="idAD65CB2FDEE4432DA2F83D70C8379656"><enum>(1)</enum><text>Not later than 6 months after each date described in subsection (b)(1), the Inspector General for each agency shall—</text> <subparagraph id="id31DCDC253E1841BAB9E30B7A7B8E8701" indent="up1"><enum>(A)</enum><text>determine whether the agency has conducted the review required under subsection (b) appropriately; and</text> </subparagraph><subparagraph id="id1DDBEF23F3C64EDB8907255232752FB9" indent="up1"><enum>(B)</enum><text>notify the head of the agency of—</text> <clause id="id56A16878496C4F3F9BFAC1C1F7F6B961"><enum>(i)</enum><text>the results of the determination under subparagraph (A); and</text> </clause><clause id="idDAD4FA3215FA46CEA429076241C9E73E"><enum>(ii)</enum><text>any issues preventing the Inspector General from determining that the agency has conducted the review under subsection (b) appropriately.</text> </clause></subparagraph></paragraph><paragraph id="id5D47FA21E33842E9B17D9B9E7ADF6395" indent="up1"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="idBC2E4385F783480D8F01DAD3844DDEB7"><enum>(A)</enum><text>Not later than 6 months after the date on which the head of an agency receives a notice under paragraph (1)(B) that the agency has not conducted the review under subsection (b) appropriately, the agency shall address the issues identified in the notice.</text> </subparagraph><subparagraph id="idEF82DC0D69A4481BA7FC689990B84B1F" indent="up1"><enum>(B)</enum><text>Not later than 30 days after the last day of the 6-month period described in subparagraph (A), the Inspector General for an agency that receives a notice described in subparagraph (A) shall—</text> <clause id="idF274D36E6A0C403996161A05A387449C"><enum>(i)</enum><text>determine whether the agency has addressed the issues identified in the notice; and</text> </clause><clause id="id8A75FE84E03A46E980CAB760B81643F5"><enum>(ii)</enum><text>notify Congress if the Inspector General determines that the agency has not addressed the issues identified in the notice; and</text> </clause></subparagraph><subparagraph id="id12E820F176DF4773A1987DB4F1EA54E7" indent="up1"><enum>(C)</enum><text>Not later than 30 days after the date on which the Inspector General for an agency transmits a notice under subparagraph (B)(ii), an amount equal to 1 percent of the amount appropriated for the fiscal year to the appropriations account of the agency that is used to pay salaries shall be rescinded.</text> </subparagraph><subparagraph id="idEC7C94DF84924E37ACA89A064FB77752" indent="up1"><enum>(D)</enum><text>Nothing in this paragraph may be construed to prevent Congress from acting to prevent a rescission under subparagraph (C).</text> </subparagraph></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="id6BA38811D99C4717A2CB95CD5FF96E9A"><enum>205.</enum><header>Requiring small business review panels for additional agencies</header> <subsection id="id03D946B2608B4AA6B09AD5F7E015C788"><enum>(a)</enum><header>Agencies</header><text display-inline="yes-display-inline">Section 609 of title 5, United States Code, is amended—</text> <paragraph id="idFCF2579C23644A8BA41E955F94E0191C"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (b)—</text> <subparagraph id="id6B0EF00D530548F994215AB6A35340F6"><enum>(A)</enum><text display-inline="yes-display-inline">by striking <quote>a covered agency</quote> the first place it appears and inserting <quote>an agency designated under subsection (d)</quote>; and</text> </subparagraph><subparagraph id="id0B1B0CA9A20446918CF97C21542F10B6"><enum>(B)</enum><text display-inline="yes-display-inline">by striking <quote>a covered agency</quote> each place it appears and inserting <quote>the agency</quote>;</text> </subparagraph></paragraph><paragraph id="id0C0F7A3F927841EEA488C2721FCA723B"><enum>(2)</enum><text>by striking subsection (d), as amended by section 1100G(a) of Public Law 111–203 (124 Stat. 2112), and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="idD2835ED904D94FAB9904E80CFCBC2841" style="OLC"> <subsection id="id41C92078C38747D1B0B3A94FA7B5DD21"><enum>(d)</enum><paragraph commented="no" display-inline="yes-display-inline" id="idB922AD24BE2B47DDAC7D126469A8A7FC"><enum>(1)</enum><text>On and after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>, the Environmental Protection Agency, the Occupational Safety and Health Administration of the Department of Labor, and the Bureau of Consumer Financial Protection shall be—</text> <subparagraph id="id9E976C45973B439CB7F423A78F010800" indent="up1"><enum>(A)</enum><text>agencies designated under this subsection; and</text> </subparagraph><subparagraph id="id57900CC910E24318B592FA71A1B550C5" indent="up1"><enum>(B)</enum><text>subject to the requirements of subsection (b).</text> </subparagraph></paragraph><paragraph id="idEEC1966E6038458FBA4D8F617980076A" indent="up1"><enum>(2)</enum><text>The Chief Counsel for Advocacy shall designate as agencies that shall be subject to the requirements of subsection (b) on and after the date of the designation—</text> <subparagraph id="id89C3D7FCB90C4B96A63502C5C62A1E48"><enum>(A)</enum><text>3 agencies for the first year after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>;</text> </subparagraph><subparagraph id="idC28184B8E6E14E02968370D78EB8D308"><enum>(B)</enum><text>in addition to the agencies designated under subparagraph (A), 3 agencies for the second year after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>; and</text> </subparagraph><subparagraph id="id85485F3CC7E340BC9DD2B6B6CF98436C"><enum>(C)</enum><text>in addition to the agencies designated under subparagraphs (A) and (B), 3 agencies for the third year after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>.</text> </subparagraph></paragraph><paragraph id="id6E035FBBDB7A4E4C8CF8FD6D54BA8EED" indent="up1"><enum>(3)</enum><text>The Chief Counsel for Advocacy shall designate agencies under paragraph (2) based on the economic impact of the rules of the agency on small entities, beginning with agencies with the largest economic impact on small entities.</text> </paragraph></subsection><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph id="id4BBBFC7CFE76454992EDF77C3AF75CEC"><enum>(3)</enum><text>in subsection (e)(1), by striking <quote>the covered agency</quote> and inserting <quote>the agency</quote>.</text> </paragraph></subsection><subsection id="id8B6C4216A391488E96982DC130292B87"><enum>(b)</enum><header>Technical and conforming amendments</header> <paragraph id="idBA8E60D0E6BC4C04807183DE17B11D19"><enum>(1)</enum><header>Section 603</header><text>Section 603(d) of title 5, United States Code, as added by section 1100G(b) of Public Law 111–203 (124 Stat. 2112), is amended—</text> <subparagraph id="id0E8FF753D1E5495EBE69659ACFFA3004"><enum>(A)</enum><text>in paragraph (1), by striking <quote>a covered agency, as defined in section 609(d)(2)</quote> and inserting <quote>the Bureau of Consumer Financial Protection</quote>; and</text> </subparagraph><subparagraph id="idF2DD48B8806D4B07BB8C8DAFC335F9D6"><enum>(B)</enum><text>in paragraph (2), by striking <quote>A covered agency, as defined in section 609(d)(2),</quote> and inserting <quote>The Bureau of Consumer Financial Protection</quote>.</text> </subparagraph></paragraph><paragraph id="id07CB5722C14C489DA489B95C4B8CEE14"><enum>(2)</enum><header>Section 604</header><text>Section 604(a) of title 5, United States Code, is amended—</text> <subparagraph commented="no" id="idFBBC984EEEA1482AAAB7F34AE74BD622"><enum>(A)</enum><text>by redesignating the second paragraph designated as paragraph (6) (relating to covered agencies), as added by section 1100G(c)(3) of Public Law 111–203 (124 Stat. 2113), as paragraph (7); and</text> </subparagraph><subparagraph id="idBBAB08EC26E341E2BC3535909A1B7F4A"><enum>(B)</enum><text>in paragraph (7), as so redesignated—</text> <clause id="id715528647B6D4224BA7B205B7EBC97E7"><enum>(i)</enum><text>by striking <quote>a covered agency, as defined in section 609(d)(2)</quote> and inserting <quote>the Bureau of Consumer Financial Protection</quote>; and</text> </clause><clause id="idB70E2434444445559B88101D42E3703E"><enum>(ii)</enum><text>by striking <quote>the agency</quote> and inserting <quote>the Bureau</quote>.</text> </clause></subparagraph></paragraph></subsection></section><section id="idBC09FA53E0CA476EB72F2CDAD83CF5E5"><enum>206.</enum><header>Expanding the Regulatory Flexibility Act to agency guidance documents</header><text display-inline="no-display-inline">Section 601(2) of title 5, United States Code, is amended by inserting after <quote>public comment</quote> the following: <quote>and any significant guidance document, as defined in the Office of Management and Budget Final Bulletin for Agency Good Guidance Procedures (72 Fed. Reg. 3432; January 25, 2007)</quote>.</text> </section><section id="idCBCB3DA7F4254F2CACE1585FD28EC297"><enum>207.</enum><header>Requiring the Internal Revenue Service to consider small entity impact</header> <subsection id="idB5919B59E53A4990B67625BA2C2ED44E"><enum>(a)</enum><header>In general</header><text>Section 603(a) of title 5, United States Code, is amended, in the fifth sentence, by striking <quote>but only</quote> and all that follows through the period at the end and inserting <quote>but only to the extent that such interpretative rules, or the statutes upon which such rules are based, impose on small entities a collection of information requirement or a recordkeeping requirement.</quote>.</text> </subsection><subsection id="id602BCAB9EACD4B57BA3AA01B4B5BCA16"><enum>(b)</enum><header>Definitions</header><text>Section 601 of title 5, United States Code, as amended by section 202 of this Act, is amended—</text> <paragraph id="idA45A13BCDACF47219386F20F2D691573"><enum>(1)</enum><text>in paragraph (6), by striking <quote>and</quote> at the end; and</text> </paragraph><paragraph id="id7F46C7F40C5C4DD1A4DD188F9BBDD24C"><enum>(2)</enum><text>by striking paragraphs (7) and (8) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id6DB8E93EA2CC4EE8858A09FC355CBCB0" style="OLC"> <paragraph id="id74AB5A000655460B9523951D31E6EFE2"><enum>(7)</enum><text>the term <term>collection of information</term> has the meaning given that term in section 3502(3) of title 44;</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idE219DC09062745BCAB9ED764039E6B65"><enum>(8)</enum><text>the term <term>recordkeeping requirement</term> has the meaning given that term in section 3502(13) of title 44; and</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="idA48777E92FF94DFA978A3BB2DE1B9BFF"><enum>208.</enum><header>Reporting on enforcement actions relating to small entities</header><text display-inline="no-display-inline">Section 223 of the Small Business Regulatory Enforcement Fairness Act of 1996 (5 U.S.C. 601 note) is amended—</text> <paragraph id="id794860717B2A4704A64EB658E2B215F5"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)—</text> <subparagraph id="id978A664A006C48C1B39DBEFC67965BEA"><enum>(A)</enum><text display-inline="yes-display-inline">by striking <quote>Each agency</quote> and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id3D5C1B5316074881A0FB08BD85AB647A" style="OLC"> <paragraph id="idBC2176A3945046AC93DD2CAA5CE1BEE2"><enum>(1)</enum><header>Establishment of policy or program</header><text>Each agency</text> </paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </subparagraph><subparagraph id="id15D8EE3C90314519BE97B8562098967F"><enum>(B)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id5DF4F6F4824A448C841F84F03646A423" style="OLC"> <paragraph id="id9EE73D8D3216403CBAB24FAB79F7D428"><enum>(2)</enum><header>Review of civil penalties</header><text>Not later than 2 years after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>, and every 2 years thereafter, each agency regulating the activities of small entities shall review the civil penalties imposed by the agency for violations of a statutory or regulatory requirement by a small entity to determine whether a reduction or waiver of the civil penalties is appropriate.</text> </paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="idB3A873E136014DD08B90F971EC7C03B9"><enum>(2)</enum><text display-inline="yes-display-inline">in subsection (c)—</text> <subparagraph id="id8515AF2BB42E45049C4D62ED6162AA79"><enum>(A)</enum><text display-inline="yes-display-inline">by striking <quote>Agencies shall report</quote> and all that follows through <quote>the scope</quote> and inserting <quote>Not later than 2 years after the date of enactment of the <short-title>Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012</short-title>, and every 2 years thereafter, each agency shall submit to the Committee on Small Business and Entrepreneurship and the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Small Business and the Committee on the Judiciary of the House of Representatives a report discussing the scope</quote>; and</text> </subparagraph><subparagraph id="idA5494EC0BD2C401E89CAF98CA29A15F5"><enum>(B)</enum><text>by striking <quote>and the total amount of penalty reductions and waivers</quote> and inserting <quote>the total amount of penalty reductions and waivers, and the results of the most recent review under subsection (a)(2)</quote>.</text> </subparagraph></paragraph></section><section id="idF1220E8EE9E140D8AC1AAB6BBD803B9E"><enum>209.</enum><header>Requiring more detailed small entity analyses</header> <subsection id="id5ABE7EE70E1D4361B02F8D04ABFEF68C"><enum>(a)</enum><header>Initial regulatory flexibility analysis</header><text>Section 603 of title 5, United States Code, as amended by section 1100G(b) of Public Law 111–203 (124 Stat. 2112), is amended—</text> <paragraph id="idBE448873DAF246139E0F738D55A441CF"><enum>(1)</enum><text>by striking subsection (b) and inserting the following:</text> <quoted-block id="id8795B3A217BD48B0AD0823DD4A3FEA30"> <subsection id="idFC11C53C7E6C48DDA5FD875C0052CDF9"><enum>(b)</enum><text>Each initial regulatory flexibility analysis required under this section shall contain a detailed statement—</text> <paragraph id="id1B171854C27F40BC8AFFA7107BDB9171"><enum>(1)</enum><text>describing the reasons why action by the agency is being considered;</text> </paragraph><paragraph id="id50B0E6C815C44FBFADBF1619C6EE9096"><enum>(2)</enum><text>describing the objectives of, and legal basis for, the proposed rule;</text> </paragraph><paragraph id="idC1866381BB164850B4A7DD7E28225811"><enum>(3)</enum><text>estimating the number and type of small entities to which the proposed rule will apply;</text> </paragraph><paragraph id="id5F6AA25BB7144E83B9C59288FCC38EE9"><enum>(4)</enum><text>describing the projected reporting, recordkeeping, and other compliance requirements of the proposed rule, including an estimate of the classes of small entities which will be subject to the requirement and the type of professional skills necessary for preparation of the report and record;</text> </paragraph><paragraph id="id317DF296F709458EA25F907D796BB900"><enum>(5)</enum><text>describing all relevant Federal rules which may duplicate, overlap, or conflict with the proposed rule, or the reasons why such a description could not be provided; and</text> </paragraph><paragraph id="idD05E36C7F839477780957E9F45E61828"><enum>(6)</enum><text>estimating the additional cumulative economic impact of the proposed rule on small entities, including job loss by small entities, beyond that already imposed on the class of small entities by the agency, or the reasons why such an estimate is not available.</text> </paragraph></subsection><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph id="idB6360528DA6540259C53F0F565DFB8DF"><enum>(2)</enum><text>by adding at the end the following:</text> <quoted-block act-name="" display-inline="no-display-inline" id="id0041A469E50946299472E80EC61EE1A7" style="USC"> <subsection id="id4B8B295D9CC944EFBC2941B923A7A8FE"><enum>(e)</enum><text>An agency shall notify the Chief Counsel for Advocacy of the Small Business Administration of any draft rules that may have a significant economic impact on a substantial number of small entities—</text> <paragraph id="id8FC50581D2E24C58B8899971A91D6ED9"><enum>(1)</enum><text>when the agency submits a draft rule to the Office of Information and Regulatory Affairs of the Office of Management and Budget under Executive Order 12866, if that order requires the submission; or</text> </paragraph><paragraph id="idCC37B97B29FE42F2A3C967D8994F4377"><enum>(2)</enum><text>if no submission to the Office of Information and Regulatory Affairs is required—</text> <subparagraph id="idABADAC4C1E7647E8B596D82ED9D5C509"><enum>(A)</enum><text>a reasonable period before publication of the rule by the agency; and</text> </subparagraph><subparagraph id="idB0A1FB21F17D484F89E7750378E65B4D"><enum>(B)</enum><text>in any event, not later than 3 months before the date on which the agency publishes the rule.</text> </subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="idA0D6ED22D3CA4005A607582F7373D30F"><enum>(b)</enum><header>Final regulatory flexibility analysis</header> <paragraph id="id2ACC717AC2704003B8C82C617075CC07"><enum>(1)</enum><header>In general</header><text>Section 604(a) of title 5, United States Code, is amended—</text> <subparagraph id="id2DE7E28290DD4594A21C91F1788DB88E"><enum>(A)</enum><text>by inserting <quote>detailed</quote> before <quote>description</quote> each place it appears;</text> </subparagraph><subparagraph id="id3741977370BA4AFAB32963392EBCCEC2"><enum>(B)</enum><text>in paragraph (2)—</text> <clause id="id14E1F21C10224BCABFDC8A37E70137D8"><enum>(i)</enum><text>by inserting <quote>detailed</quote> before <quote>statement</quote> each place it appears; and</text> </clause><clause id="id5BC373FC82DB4A6BBDFF9C34D0974EA4"><enum>(ii)</enum><text>by inserting <quote>(or certification of the proposed rule under section 605(b))</quote> after <quote>initial regulatory flexibility analysis</quote>;</text> </clause></subparagraph><subparagraph commented="no" id="idDC9736598E3D4B7CB5D51D72EDAEFFDE"><enum>(C)</enum><text>in paragraph (4), by striking <quote>an explanation</quote> and inserting <quote>a detailed explanation</quote>; and</text> </subparagraph><subparagraph commented="no" id="id7592FB5ADA56434480E1452D2946B01E"><enum>(D)</enum><text>in paragraph (6) (relating to a description of steps taken to minimize significant economic impact), as added by section 1601 of the Small Business Jobs Act of 2010 (Public Law 111–240; 124 Stat. 2251), by inserting <quote>detailed</quote> before <quote>statement</quote>.</text> </subparagraph></paragraph><paragraph id="id3412453444CA4043BFC34A8969E0D626"><enum>(2)</enum><header>Publication of analysis on web site, etc</header><text>Section 604(b) of title 5, United States Code, is amended to read as follows:</text> <quoted-block id="id0BEB6D5CACF14404930B55F34D1B6C51"> <subsection id="id43A816A88F6144E0A3B5F7E132E777D4"><enum>(b)</enum><text>The agency shall—</text> <paragraph id="idCBE15E2557004329A5A39C8652F30CD0"><enum>(1)</enum><text>make copies of the final regulatory flexibility analysis available to the public, including by publishing the entire final regulatory flexibility analysis on the Web site of the agency; and</text> </paragraph><paragraph id="idE71B8D4DBDE44DC8A74B61DD542E14A0"><enum>(2)</enum><text>publish in the Federal Register the final regulatory flexibility analysis, or a summary of the analysis that includes the telephone number, mailing address, and address of the Web site where the complete final regulatory flexibility analysis may be obtained.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="id5075A9E687EA44D2B3061493F1FC7ED2"><enum>(c)</enum><header>Cross-References to other analyses</header><text>Section 605(a) of title 5, United States Code, is amended to read as follows:</text> <quoted-block id="id55377D639F6D4CA394D85F9DC653C9A6"> <subsection id="id5AEA7139F180432BA6D1DD88C2F4A9E9"><enum>(a)</enum><text>A Federal agency shall be deemed to have satisfied a requirement regarding the content of a regulatory flexibility agenda or regulatory flexibility analysis under section 602, 603, or 604, if the Federal agency provides in the agenda or regulatory flexibility analysis a cross-reference to the specific portion of an agenda or analysis that is required by another law and that satisfies the requirement under section 602, 603, or 604.</text> </subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="idCBBDDCC05F724ED791E7EC27C724F55D"><enum>(d)</enum><header>Certifications</header><text>Section 605(b) of title 5, United States Code, is amended, in the second sentence, by striking <quote>statement providing the factual</quote> and inserting <quote>detailed statement providing the factual and legal</quote>.</text> </subsection><subsection id="id5981EB9E1D9C437B9285033E6D2670FF"><enum>(e)</enum><header>Quantification requirements</header><text>Section 607 of title 5, United States Code, is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="idCBD5309F7B8647FD812DC8350BA33E94" style="USC"> <section id="id2485D3011E7C4FE68A710635A7D15F7F"><enum>607.</enum><header>Quantification requirements</header><text display-inline="no-display-inline">In complying with sections 603 and 604, an agency shall provide—</text> <paragraph id="id42BB4F59E979430DB730A80C635A8165"><enum>(1)</enum><text>a quantifiable or numerical description of the effects of the proposed or final rule, including an estimate of the potential for job loss, and alternatives to the proposed or final rule; or</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id40AAAAB98E3B441BA74D2CB233F39789"><enum>(2)</enum><text>a more general descriptive statement regarding the potential for job loss and a detailed statement explaining why quantification under paragraph (1) is not practicable or reliable.</text> </paragraph></section><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="id58F86601076A4A1594874FF0912F537E"><enum>210.</enum><header>Ensuring that agencies consider small entity impact during the rulemaking process</header><text display-inline="no-display-inline">Section 605(b) of title 5, United States Code, is amended—</text> <paragraph id="id46C6F6F3B3D746A9A7AB8D5054550D35"><enum>(1)</enum><text>by inserting <quote>(1)</quote> after <quote>(b)</quote>; and</text> </paragraph><paragraph id="idC4F20031020747868BDAB89ADF4391D2"><enum>(2)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id9A317A78A52D494C97EE1C123F13B661" style="OLC"> <paragraph id="id2BFB7A26AFE048FBA65755EDFC325008" indent="up1"><enum>(2)</enum><text>If, after publication of the certification required under paragraph (1), the head of the agency determines that there will be a significant economic impact on a substantial number of small entities, the agency shall comply with the requirements of section 603 before the publication of the final rule, by—</text> <subparagraph id="id939F5C1F3C6849E3A0CCA7BCD2E25F78"><enum>(A)</enum><text>publishing an initial regulatory flexibility analysis for public comment; or</text> </subparagraph><subparagraph id="id0A102ADD63A340C68286AB4477889A65"><enum>(B)</enum><text>re-proposing the rule with an initial regulatory flexibility analysis.</text> </subparagraph></paragraph><paragraph id="idCEB77333160C42DB95822D24A78C2836" indent="up1"><enum>(3)</enum><text>The head of an agency may not make a certification relating to a rule under this subsection, unless the head of the agency has determined—</text> <subparagraph id="idBF5CAFC6499B4688988BB8CEFFEC7A68"><enum>(A)</enum><text>the average cost of the rule for small entities affected or reasonably presumed to be affected by the rule;</text> </subparagraph><subparagraph id="id9D530373722642098F413F0780E83F5A"><enum>(B)</enum><text>the number of small entities affected or reasonably presumed to be affected by the rule; and</text> </subparagraph><subparagraph id="id8546B2375A5F4E679E256106E7D557AF"><enum>(C)</enum><text>the number of affected small entities for which that cost will be significant.</text> </subparagraph></paragraph><paragraph id="idB8F760E6F6F645A594AE662DEC8FF17D" indent="up1"><enum>(4)</enum><text>Before publishing a certification and a statement providing the factual basis for the certification under paragraph (1), the head of an agency shall—</text> <subparagraph id="idF31E30037AE14B24835CD071141625B3"><enum>(A)</enum><text>transmit a copy of the certification and statement to the Chief Counsel for Advocacy of the Small Business Administration; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idE55B6C7979984476AC9BE0D819B82CD3"><enum>(B)</enum><text>consult with the Chief Counsel for Advocacy of the Small Business Administration on the accuracy of the certification and statement.</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section id="ID17A20A37353E48678634B1666D025DDA"><enum>211.</enum><header>Additional powers of the Office of Advocacy</header><text display-inline="no-display-inline">Section 203 of Public Law 94–305 (15 U.S.C. 634c) is amended—</text> <paragraph id="id7EB19985CD7D453290DD63BE0FEA7F0D"><enum>(1)</enum><text>in paragraph (5), by striking <quote>and</quote> at the end;</text> </paragraph><paragraph id="id0E7283A3F4D44EE597869799B38AD3AA"><enum>(2)</enum><text>in paragraph (6), by striking the period at the end and inserting <quote>; and</quote>; and</text> </paragraph><paragraph id="idE2C8AFD1E6724FC9AAC89C75732DE162"><enum>(3)</enum><text>by inserting after paragraph (6) the following:</text> <quoted-block display-inline="no-display-inline" id="id746464D6B8804F5CB6ED81D9F0A9AA71" style="OLC"> <paragraph id="id488D258CBB0446CAACF079564A3C1C1B"><enum>(7)</enum><text>at the discretion of the Chief Counsel for Advocacy, comment on regulatory action by an agency that affects small businesses, without regard to whether the agency is required to file a notice of proposed rulemaking under section 553 of title 5, United States Code, with respect to the action.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section id="IDB217E2F188E14AC2B1EEC1AF50BF09F8"><enum>212.</enum><header>Technical and conforming amendments</header> <subsection id="ID8ABD0A3A14734705883466B9193890C1"><enum>(a)</enum><header>Heading</header><text>Section 605 of title 5, United States Code, is amended in the section heading by striking <quote><header-in-text level="section" style="USC">Avoidance</header-in-text></quote> and all that follows and inserting the following: <quote><header-in-text level="section" style="USC">Incorporations by reference and certification.</header-in-text></quote>.</text> </subsection><subsection id="ID5D526E662BF247EBB8A32FE651FAA44F"><enum>(b)</enum><header>Table of sections</header><text>The table of sections for chapter 6 of title 5, United States Code, is amended—</text> <paragraph id="IDC88CC4FE6B92460280A3761A85F6AB10"><enum>(1)</enum><text>by striking the item relating to section 605 and inserting the following:</text> <quoted-block id="ID7826032A1686420783F3B09CDC8250C0" style="USC"> <toc regeneration="no-regeneration"> <toc-entry level="section">605. Incorporations by reference and certifications.</toc-entry> </toc> <after-quoted-block>; </after-quoted-block></quoted-block> <continuation-text continuation-text-level="paragraph">and</continuation-text></paragraph><paragraph id="ID93A2F40D45124ACD94C6AA7F36D3EB65"><enum>(2)</enum><text>by striking the item relating to section 607 inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id500012448AF5493CB48C3FE503D14E0B" style="OLC"> <toc regeneration="no-regeneration"> <toc-entry level="section">607. Quantification requirements.</toc-entry> </toc> <after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="id5CF3397460324054A845DB6D0042C742"><enum>213.</enum><header>Regulatory transparency reporting</header> <subsection id="id2A1CB83074F6477C9EF44248DFC784A1"><enum>(a)</enum><header>Definitions</header><text>In this section—</text> <paragraph id="id032DD960587F4BFBA6EAD8230A252129"><enum>(1)</enum><text>the term <term>agency</term> has the same meaning as in section 551 of title 5, United States Code;</text> </paragraph><paragraph id="id23152F945B8D4F4C9661D8448295776E"><enum>(2)</enum><text>the term <term>covered period</term> means, with respect to a report required to be submitted under this subsection, the period beginning on January 1 of the year preceding the date of submission of the report and ending on December 31 of the year preceding the date of submission of the report;</text> </paragraph><paragraph id="id51EE6D3FE4A747998490AD72E0BE728C"><enum>(3)</enum><text>the term <term>major rule</term> means a rule that has an annual effect on the economy of the United States of $100,000,000 or more;</text> </paragraph><paragraph id="idC17569D681B84BA581F931AF314E82CC"><enum>(4)</enum><text>the term <term>report</term> means an annual report submitted to Congress under section 624 of the Treasury and General Government Appropriations Act, 2001 (31 U.S.C. 1105 note);</text> </paragraph><paragraph id="id8F0DB43D2A3A4F808C5AC32E895C4E34"><enum>(5)</enum><text>the term <term>rule</term>—</text> <subparagraph id="id193546354F99403EA7DB648E2D2F62D7"><enum>(A)</enum><text>has the same meaning as in section 551 of title 5, United States Code; and</text> </subparagraph><subparagraph id="id97A66DF2C44E4435B238CED7D27CAFEC"><enum>(B)</enum><text>includes a rule issued by an independent establishment, as that term is defined in section 104 of title 5, United States Code; and</text> </subparagraph></paragraph><paragraph id="id736DAF9BDF734CCBADDEAE2A3959FE86"><enum>(6)</enum><text>the term <term>Unified Agenda</term> means the Unified Agenda of Federal Regulatory and Deregulatory Actions.</text> </paragraph></subsection><subsection id="id0499215A6A104DBDBB249F4E1C7FD063"><enum>(b)</enum><header>In general</header><text display-inline="yes-display-inline">The Administrator of the Office of Information and Regulatory Affairs shall include in the report required under section 624 of the Treasury and General Government Appropriations Act, 2001 (31 U.S.C. 1105 note) the data and tables described in this section.</text> </subsection><subsection id="idD3CCC9E4AD9C49C1B51E1C0F4AE37BB7"><enum>(c)</enum><header>Data</header><text>Each report shall contain the following:</text> <paragraph id="id5E73EB4CD99D421D9CB09F5DBB90B9F5"><enum>(1)</enum><text>A list of each major rule issued by each agency during the covered period in each of the following categories:</text> <subparagraph id="idDC9D1684F751481BB541C2B9AB403AA5"><enum>(A)</enum><text>Rules having an economic impact of more than $100,000,000 and not more than $500,000,000.</text> </subparagraph><subparagraph id="id66ABDFDBD4114324BF3BDC8AF1FE7405"><enum>(B)</enum><text>Rules having an economic impact of more than $500,000,000 and not more than $1,000,000,000.</text> </subparagraph><subparagraph id="idB3E71DC733A246699EF59364DDF933D0"><enum>(C)</enum><text>Rules having an economic impact of more than $1,000,000,000 and not more than $5,000,000,000.</text> </subparagraph><subparagraph id="id0256345180F94C1A87A7D83466715242"><enum>(D)</enum><text>Rules having an economic impact of more than $5,000,000,000 and not more than $10,000,000,000.</text> </subparagraph><subparagraph id="id563B6BF4B9704C29A79BFC0D45BEAFD9"><enum>(E)</enum><text>Rules having an economic impact of more than $10,000,000,000.</text> </subparagraph><subparagraph id="id23DCF01E37524EC3B8BB8DC468513A56"><enum>(F)</enum><text>Any rules not described in subparagraphs (A) through (E).</text> </subparagraph></paragraph><paragraph id="id9DFF455C30B84D199C02BD555017F54E"><enum>(2)</enum><text>A list of each rule issued during the covered period that—</text> <subparagraph id="idC553BA91569A45B88F914350BB97F6DE"><enum>(A)</enum><text>required a regulatory flexibility analysis under chapter 6 of title 5, United States Code; or</text> </subparagraph><subparagraph id="id3D3A754D9FDA4D97AB0B80AFB01FBDE4"><enum>(B)</enum><text>was listed in the Unified Agenda as a regulatory action that an agency identified as likely to have some impact on small entities, even though a regulatory flexibility analysis was not required under chapter 6 of title 5, United States Code.</text> </subparagraph></paragraph><paragraph id="id91697E4246A0446BBC743B1985B9B9C6"><enum>(3)</enum><text>A list of each rule issued during the covered period that affects State and local governments.</text> </paragraph><paragraph id="id9E54ECF845A947F594B3BD399CD3DD78"><enum>(4)</enum><text>The percentage of rules issued during the covered period that were—</text> <subparagraph id="idD58C47489B524C738937FB08AF9D1631"><enum>(A)</enum><text>rules described in paragraph (2); or</text> </subparagraph><subparagraph id="idEB703AD89D664C0F91F44AEF594F810F"><enum>(B)</enum><text>rules described in paragraph (3).</text> </subparagraph></paragraph><paragraph id="idB8F359AFF24C4AE4B07CD70CCB13B376"><enum>(5)</enum><text>A list of each rule issued during the covered period that included a numerical estimate of the cost of the rule.</text> </paragraph><paragraph id="id8FC966195B29433CA1F8353FA17E54FA"><enum>(6)</enum><text>The sum of the numerical estimates described in paragraph (5)—</text> <subparagraph id="idCA32F1DDC86547E89F3F057C1685DB18"><enum>(A)</enum><text>for each agency; and</text> </subparagraph><subparagraph id="idAA7C6EDC18E443798A8178D0B64D8EFC"><enum>(B)</enum><text>for all agencies, as a whole.</text> </subparagraph></paragraph><paragraph id="idE92FFC52ECD54686B9DED2F8C04D1DAE"><enum>(7)</enum><text>A list of each rule issued during the covered period that did not include a numerical estimate of the cost of the rule, and, for each such rule, an explanation of why a numerical estimate was not included.</text> </paragraph><paragraph id="id5BF9478B26704D6B98AFDB8A8571A124"><enum>(8)</enum><text>The percentage of rules issued during the covered period that were reviewed by the Office of Management and Budget.</text> </paragraph><paragraph id="id58BDABA470C941A19BC2C9B7B79DE45A"><enum>(9)</enum><text>A list of each rule issued during the covered period that was reviewed by the Office of Management and Budget and a description of any action taken by the Office of Management and Budget with respect to the rule.</text> </paragraph><paragraph id="id20787F0F46354082B9FAF2A9AF92251F"><enum>(10)</enum><text>The number of pages included the Federal Register during the covered period.</text> </paragraph><paragraph id="idB81433B036F14406B05537A1215CF868"><enum>(11)</enum><text>A list of each major rule for which the Comptroller General of the United States issued a report during the covered period that was entered into the database of reports on regulations issued by the Government Accountability Office.</text> </paragraph><paragraph id="idCEDA3A4CF4B5482EAC14B20CE56A1899"><enum>(12)</enum><text>A list of each rule reviewed under section 610 of title 5, United States Code, during the covered period.</text> </paragraph><paragraph id="id6A527F51E3A44AABA384A49FDC0336B5"><enum>(13)</enum><text>A list of each rule issued during the covered period that is designated in the Unified Agenda as deregulatory, rather than regulatory.</text> </paragraph><paragraph id="id15C57D0F0352443C98A7143E5B7FEB69"><enum>(14)</enum><text>A list of each rule issued during the covered period that the Administrator determines affects only the internal procedures of the agency that issued the rule.</text> </paragraph><paragraph id="idF4092CAB16BE4D8A8E9462B548C7B04F"><enum>(15)</enum><text>A list of each rule that was added to the Unified Agenda during the covered period.</text> </paragraph><paragraph id="id0C19BF03006C4BD9A5E2EEAE6E82BAAE"><enum>(16)</enum><text>A list of each rule included in the Unified Agenda during the covered period that was included in the Unified Agenda before the covered period.</text> </paragraph><paragraph id="idFA2269B98054455F9F2012F629983077"><enum>(17)</enum><text>A list of each rule issued during the covered period that was required to be issued by statute.</text> </paragraph><paragraph id="idC050B14DB2954CFC95C7911E06258DD2"><enum>(18)</enum><text>The number and percentage of rules described in paragraph (17), compared to the number and percentage of rules issued during the covered period that are not described in paragraph (17).</text> </paragraph><paragraph id="idEFE90F32DCED4464AABBA7D1A03345FD"><enum>(19)</enum><text>A list of each rule issued during the covered period that was required to be issued during the covered period by judicial order.</text> </paragraph><paragraph id="id53C2C878F5E94CA2B2496A22EC1E3F40"><enum>(20)</enum><text>The number and percentage of rules issued during the covered period that are described in paragraph (19), compared to the number and percentage of rules issued during the covered period that are not described in paragraph (19).</text> </paragraph><paragraph id="idF1BDB670B1B44AA48C2FCA16B527E81A"><enum>(21)</enum><text>A list of each rule issued during the covered period for which the agency that issued the rule was prohibited by statute from considering the costs and benefits of the rule.</text> </paragraph></subsection><subsection id="id176C0838ABF145909951496D83D81374"><enum>(d)</enum><header>Master table</header> <paragraph id="idA5094E633D2A40F98E74A8B3F88EBA2B"><enum>(1)</enum><header>In general</header><text>Each report shall contain a table that includes the following:</text> <subparagraph id="idD2C87DC5C5824056BF9B13804D68A334"><enum>(A)</enum><text>A list of each rule described in subsection (c).</text> </subparagraph><subparagraph id="id5F6A865B50284D08A3F7DA253E5469F0"><enum>(B)</enum><text>A brief summary of each rule described in subsection (c).</text> </subparagraph><subparagraph id="idCA43BCB2411D4F098E4FE290FF60BD9E"><enum>(C)</enum><text>A citation (or, if the report is issued in electronic form, a link) to—</text> <clause id="id665B9937BB9F4535BF31E21EAAB291CA"><enum>(i)</enum><text>any regulatory flexibility analysis required under chapter 6 of title 5, United States Code, with respect to a rule described in subsection (c); and</text> </clause><clause id="id05B70A399D9F40DD8F64BAEF18428C58"><enum>(ii)</enum><text>any regulatory impact analysis required under Executive Order 12866 (5 U.S.C. 601 note; relating to regulatory planning and review), with respect to a rule described in subsection (c).</text> </clause></subparagraph></paragraph><paragraph id="id35C290AB4652483894D55B35A5B2CC9D"><enum>(2)</enum><header>Citation</header><text>Each list required under subsection (b) shall include, for each rule included in the list, a citation (or, if the report is issued in electronic form, a link) to the summary of the rule in the table required under paragraph (1).</text> </paragraph></subsection><subsection id="id82356E19CD974AD99597427565A9F4C3"><enum>(e)</enum><header>Historical tables</header> <paragraph id="idBA6E65BF6CC84582A68E42FF699068ED"><enum>(1)</enum><header>In general</header><text>Each report shall contain historical tables representing the data described in subsection (c), modeled after Federal budget historical tables, that provide consistent data concerning—</text> <subparagraph id="idD4DF0E594D9B4EB3BBCC7CF2A837FF15"><enum>(A)</enum><text>each covered period, beginning on the date of enactment of this Act; and</text> </subparagraph><subparagraph id="id9BACCF7A362C4B5D9F768198C912DB74"><enum>(B)</enum><text>to the extent practicable, each calendar year preceding the date of enactment of this Act.</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id2EFBF9D42C504DB3A68DC0239E1B86FD"><enum>(2)</enum><header>Consistency of data</header><text>To the greatest extent possible, the data provided in the tables under paragraph (1) shall be consistent, including with respect to the value of a dollar, the discount rate, and the time period over which a cost is incurred.</text> </paragraph></subsection></section><enum>III</enum><header>Access to capital</header> <subtitle id="id154ECFFD815E4B1592428D6D502DB4C0"><enum>A</enum><header>Expanding Access to Capital for Entrepreneurial Leaders</header> <section id="idBF7BEB25BF414219BAF3C9332D3855EC" section-type="subsequent-section"><enum>311.</enum><header>Short title</header><text display-inline="no-display-inline">This subtitle may be cited as the <quote><short-title>EXCEL Act of 2012</short-title></quote>.</text> </section><section id="id12974B3D15CD43CDBF7D3378DC7E55DC"><enum>312.</enum><header>Program authorization</header><text display-inline="no-display-inline">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 <quote>issued by such companies</quote> the following: <quote>, 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)</quote>.</text> </section><section id="ida02e3a1569c8469a8b7eff41da06eee7"><enum>313.</enum><header>Family of funds</header><text display-inline="no-display-inline">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 <quote>$225,000,000</quote> and inserting <quote>$350,000,000</quote>.</text> </section><section id="idE678B3895AD245B593B39DED937D9718"><enum>314.</enum><header>Adjustment for inflation</header><text display-inline="no-display-inline">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:</text> <quoted-block display-inline="no-display-inline" id="idFCF229FF3FBB43EA826525D6A7672416" style="OLC"> <subparagraph id="idC65E39F0F9CE41CC85F3BBAEA683F58B"><enum>(E)</enum><header>Adjustments</header> <clause id="idFA6DD0B0B83B4B5C8A049ABBA8E937A4"><enum>(i)</enum><header>In general</header><text>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 <quote>CPI</quote>).</text> </clause><clause id="id7B0A5672CB0E4CCCB70EA2CE5B00037F"><enum>(ii)</enum><header>Applicability</header><text>The adjustments required by clause (i)—</text> <subclause id="id3B086E7444B24A208B2BC74AA1185F20"><enum>(I)</enum><text>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;</text> </subclause><subclause id="id4401C504DD88432982708B0EE82311A1"><enum>(II)</enum><text>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.</text> </subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="idCDC573D0BD814A9AADFC0F8F56F2A113"><enum>315.</enum><header>Public availability of information</header><text display-inline="no-display-inline">Section 303 of the Small Business Investment Act of 1958 (15 U.S.C. 683) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id913C0BB01DDC4615B92BC1B3180CC838" style="OLC"> <subsection id="ida9deb19f8fb34b4f9cd49ab7e9940843"><enum>(l)</enum><header>Access to fund information</header><text>Annually, the Administrator shall make public on its website the following information with respect to each small business investment company:</text> <paragraph id="id08bd47cf153648988c993be832ac14cd"><enum>(1)</enum><text>The amount of capital deployed since fund inception.</text> </paragraph><paragraph id="id7e186b4142624ff3b29eda1008d314dc"><enum>(2)</enum><text>The amount of leverage drawn since fund inception.</text> </paragraph><paragraph id="id856a570f696f43bf9c344292a3607951"><enum>(3)</enum><text>The number of investments since fund inception.</text> </paragraph><paragraph id="id0dae28bbfdb94dfeaf0dff70cd69af68"><enum>(4)</enum><text>The number of businesses receiving capital since fund inception.</text> </paragraph><paragraph id="id7ba026577751458aa0bca0d4ceba5286"><enum>(5)</enum><text>Industry sectors receiving investment since fund inception.</text> </paragraph><paragraph id="ida22f47984c974d22806403a90289454c"><enum>(6)</enum><text>The amount of leverage principal repaid by the small business investment company since fund inception.</text> </paragraph><paragraph id="id4a4905018d8641bc8c891a20482e9030"><enum>(7)</enum><text>A basic description of investment strategy.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="id59D5F289EB924C0E876B5BEEDDF3D41F"><enum>316.</enum><header>Authorized uses of licensing fees</header><text display-inline="no-display-inline">Section 301 of the Small Business Investment Act of 1958 (15 U.S.C. 681) is amended—</text> <paragraph id="idE9B0D149E9EE4B7B9A8947E2F2D95D76"><enum>(1)</enum><text display-inline="yes-display-inline">by redesignating subsection (e) as subsection (d); and</text> </paragraph><paragraph id="id4843A1B8FABF4F1B91B8F363C0EF2BF9"><enum>(2)</enum><text>in subsection (d)(2)(B), as so redesignated, by inserting before the period at the end the following: <quote>and other small business investment company program needs</quote>.</text> </paragraph></section><section id="id7196933A73514CC98379ED9CB74AA248"><enum>317.</enum><header>Sense of Congress</header><text display-inline="no-display-inline">It is the sense of Congress that—</text> <paragraph id="id857B9EB1231942C195406E191545CA06"><enum>(1)</enum><text>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</text> </paragraph><paragraph id="id6A75855BA06944579613B5AC7610A1B1"><enum>(2)</enum><text>the Administrator of the Small Business Administration (in this section referred to as the <quote>Administrator</quote>) should—</text> <subparagraph id="id4E1E4B716B7D4EE183074CB20FED0B37"><enum>(A)</enum><text>increase outreach to community banks and other lenders to encourage community banks and other lenders to invest in small business investment companies;</text> </subparagraph><subparagraph id="id90E75F5514E44888A4E3D7FF63463A99"><enum>(B)</enum><text>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;</text> </subparagraph><subparagraph id="idA696421FA959406C852C474A1C501701"><enum>(C)</enum><text>partner with governors, mayors, States, and municipalities to increase outreach by small business investment companies to underserved and rural areas; and</text> </subparagraph><subparagraph id="idE429786B97254D59BBB9EFD227D8629E"><enum>(D)</enum><text>continue to make changes to the webpage for the small business investment company program, to make the webpage—</text> <clause id="id71DB94753B6E4D399AD32B9581CE39AA"><enum>(i)</enum><text>a more prominent part of the website of the Administration; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idBA5CD1BD023F497A8B0BBD5223E6E0FC"><enum>(ii)</enum><text>more user-friendly.</text> </clause></subparagraph></paragraph></section></subtitle><subtitle id="idC28A10BD33B343F784E7E610D96B2D22"><enum>B</enum><header>Low-Interest Refinancing</header> <section commented="no" display-inline="no-display-inline" id="id6C94059B67184742A188B8CE223F9BBF" section-type="subsequent-section"><enum>321.</enum><header>Low-interest refinancing under the local development business loan program</header><text display-inline="no-display-inline">Section 1122(b) of the Small Business Jobs Act of 2010 (15 U.S.C. 696 note) is amended by striking <quote>2 years</quote> and inserting <quote>on the date that is 3 years and 6 months</quote>.</text> </section></subtitle><enum>IV</enum><header>Entrepreneurial support</header> <subtitle id="idFFBDE2AC108C465D8681EC07E07C8C69"><enum>A</enum><header>Measuring the Effectiveness of Resource Partners</header> <section commented="no" display-inline="no-display-inline" id="HDF96C4ECE09C4CE498ABF4F38E42DEDF" section-type="subsequent-section"><enum>411.</enum><header display-inline="yes-display-inline">Expanding entrepreneurship</header><text display-inline="no-display-inline">Section 4 of the Small Business Act (<external-xref legal-doc="usc" parsable-cite="usc/15/633">15 U.S.C. 633</external-xref>) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="HD83A9EA45530450AA00BB950096F052F" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="HF55FFF2DF5A44A26AD4D4938D614BEE0"><enum>(g)</enum><header display-inline="yes-display-inline">Management and direction</header> <paragraph commented="no" display-inline="no-display-inline" id="HB3371D25C7BE432DB33BA28D161FFD57"><enum>(1)</enum><header display-inline="yes-display-inline">Plan for entrepreneurial development and job creation strategy</header> <subparagraph commented="no" display-inline="no-display-inline" id="id5FFAC5E68776418DB926A3AD87577A54"><enum>(A)</enum><header>Plan required</header><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id6F72897F942149E9BEFF5B7E320B1115"><enum>(B)</enum><header>Contents of plan</header><text display-inline="yes-display-inline">The plan required under subparagraph (A) shall—</text> <clause commented="no" display-inline="no-display-inline" id="idD3A2C0331A734ACBBD72C90A6BEA971E"><enum>(i)</enum><text display-inline="yes-display-inline">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;</text> </clause><clause commented="no" display-inline="no-display-inline" id="id823EE46FD7984FEF8ED51F6D754C3857"><enum>(ii)</enum><text display-inline="yes-display-inline">identify a strategy for each region of the Administration to use programs of the Administration to create or retain jobs in the region; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idC35E96DA73DF445EBDF1D5D20D8B8085"><enum>(iii)</enum><text display-inline="yes-display-inline">establish performance measures and criteria, including goals for job creation, job retention, and job retraining, to evaluate the success of the plan.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="HF93CA8A0900842A6B809CB7479600675"><enum>(2)</enum><header display-inline="yes-display-inline">Data collection process</header> <subparagraph commented="no" display-inline="no-display-inline" id="id476214C9F7A044ACA41023EAE238A90E"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id99DAABD63BB0455C8A9CA6319E57DD5B"><enum>(B)</enum><header>Contents</header><text display-inline="yes-display-inline">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.</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="H261E80E59A7B46639ED64E4D3E538F3C"><enum>(3)</enum><header display-inline="yes-display-inline">Coordination and Alignment of SBA Entrepreneurial Development Programs</header><text display-inline="yes-display-inline">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.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="HB744BC288234434B8DD34406D8D33245"><enum>(4)</enum><header display-inline="yes-display-inline">Database of Entrepreneurial Development Service Providers</header> <subparagraph commented="no" display-inline="no-display-inline" id="idEE1B77F4993E47CCBD6B9461B08E5713"><enum>(A)</enum><header>Establishment</header><text display-inline="yes-display-inline">After providing a period of 60 days for public comment, the Administrator shall—</text> <clause commented="no" display-inline="no-display-inline" id="id7994B48BC6C64AE4932152E9AF301D1C"><enum>(i)</enum><text display-inline="yes-display-inline">establish a database of providers of entrepreneurial development services; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idF07EFBE615D8457B9FA93BA889ABA405"><enum>(ii)</enum><text display-inline="yes-display-inline">make the database available through the website of the Administration.</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id3884225420C64759B08B1AFC6B8E223C"><enum>(B)</enum><header>Searchability</header><text display-inline="yes-display-inline">The database established under subparagraph (A) shall be searchable by industry, geographic location, and service required.</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="H4311EFDD4AF74F2BB953632846B328E4"><enum>(5)</enum><header display-inline="yes-display-inline">Community specialist</header> <subparagraph commented="no" display-inline="no-display-inline" id="id51F86D690AAC46A7BC86F132795B73C1"><enum>(A)</enum><header>Designation</header><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id87F4D0D25FE3463FBC97C37C090B5A64"><enum>(B)</enum><header>Performance</header><text display-inline="yes-display-inline">The Administrator shall develop benchmarks for measuring the performance of community specialists under this paragraph.</text> </subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section></subtitle><subtitle id="id1C28D3CDFDD240A0B633291C0BE2901D"><enum>B</enum><header>Women's Small Business Ownership</header> <section id="id9AA76A6C262A4B6AB58154866E5AF332"><enum>421.</enum><header>Short title</header><text display-inline="no-display-inline">This subtitle may be cited as the <quote><short-title>Women's Small Business Ownership Act of 2012</short-title></quote>.</text> </section><section id="id9AB95986052540759C2C9242C60310E5"><enum>422.</enum><header>Definition</header><text display-inline="no-display-inline">In this subtitle, the term <term>Administrator</term> means the Administrator of the Small Business Administration.</text> </section><section id="id1ac43ebc-261e-4c7d-8430-7d213a4f1730"><enum>423.</enum><header>Office of Women’s Business Ownership</header> <subsection id="id0c825e7b-b995-4fa2-ac56-fa150c49ba72"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 29(g) of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 656(g)) is amended—</text> <paragraph id="idd3e6c0ec-f37b-4832-a612-febd095230dd"><enum>(1)</enum><text>in paragraph (2)—</text> <subparagraph id="id9b59d1be-0a6b-42b9-89b3-2411e7a36a0b"><enum>(A)</enum><text>in subparagraph (B)—</text> <clause id="id3958573C5B9645DDA679BC51D44A405E"><enum>(i)</enum><text>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—</text> <quoted-block id="id0c522e1f-e2d1-4777-9b2e-3c638f3d9c32" style="OLC"> <subclause id="id7424ef68-1955-4fad-b0e0-d8f60e531470"><enum>(I)</enum><text>starting, operating, and increasing the business of a small business concern;</text> </subclause><after-quoted-block>; and</after-quoted-block></quoted-block> </clause><clause id="id0DCAFE7453E2455A8D453CB59476C611"><enum>(ii)</enum><text>in clause (ii), by striking <quote>Women's Business Center program</quote> each place that term appears and inserting <quote>women's business center program</quote>; and</text> </clause></subparagraph><subparagraph id="id5c9b8c23-b316-4b3f-9b83-65edf3706500"><enum>(B)</enum><text>in subparagraph (C), by inserting before the period at the end the following: <quote>, the National Women’s Business Council, and any association of women’s business centers</quote>; and</text> </subparagraph></paragraph><paragraph id="id0064de6f-f3fa-4a23-b0bf-d16a819ab79b"><enum>(2)</enum><text>by adding at the end the following:</text> <quoted-block id="id48bf4a22-38a0-49bf-b382-aeff44e823b0" style="OLC"> <paragraph id="id3a5b2996-06cf-4f6a-9c2d-49641fd92df4"><enum>(3)</enum><header>Training</header><text>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.</text> </paragraph><paragraph id="idf19f26a4-977c-48ae-a8c2-03c1e85260ad"><enum>(4)</enum><header>Program and transparency improvements</header><text>The Administrator shall maximize the transparency of the women’s business center financial assistance proposal process and the programmatic and financial examination process by—</text> <subparagraph id="id66c3be8e-178e-43e7-a5a6-ea317ceca83c"><enum>(A)</enum><text>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;</text> </subparagraph><subparagraph id="id2bcc6463-3c17-42b8-a97a-da02658eb8b4"><enum>(B)</enum><text>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);</text> </subparagraph><subparagraph id="id012dca20-2dca-429a-a14c-3034602d3e4c"><enum>(C)</enum><text>minimizing paperwork and reporting requirements for applicants for and recipients of financial assistance under this section;</text> </subparagraph><subparagraph id="id42bdb955-4689-48f0-82f8-46beaed88500"><enum>(D)</enum><text>standardizing the programmatic and financial examination process; and</text> </subparagraph><subparagraph id="ida350310d-8f18-40df-8993-3678436b6813"><enum>(E)</enum><text>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.</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="id52caa876-a89e-483d-9476-50f07282f52e"><enum>(b)</enum><header>Change of title</header> <paragraph id="ida817f7cb-d825-4a66-9909-6b507f08d4de"><enum>(1)</enum><header>In general</header><text>Section 29 of the Small Business Act (15 U.S.C. 656) is amended—</text> <subparagraph id="id3e10f76f-0da5-4589-b0b1-d6374f9746cc"><enum>(A)</enum><text>in subsection (a)—</text> <clause id="idd51f82c0-50c5-478c-bdd2-0171f407aa0e"><enum>(i)</enum><text>by striking paragraphs (1) and (4);</text> </clause><clause id="idc25c72d7-ad38-4cb8-a1b3-170688b1cc4b"><enum>(ii)</enum><text>by redesignating paragraphs (2) and (3) as paragraphs (4) and (5), respectively; and</text> </clause><clause id="id7749249d-cddd-44eb-bef7-0e00286895a6"><enum>(iii)</enum><text>by inserting before paragraph (4), as so redesignated, the following:</text> <quoted-block display-inline="no-display-inline" id="ida5ab61e4-8c9e-427a-a2b4-a044113801ab" style="OLC"> <paragraph id="id505b6ae2-8b70-4a91-94a8-62a0e8cde1ac"><enum>(2)</enum><text>the term <term>Director</term> means the Director of the Office of Women's Business Ownership established under subsection (g);</text> </paragraph><after-quoted-block>;</after-quoted-block></quoted-block> </clause></subparagraph><subparagraph id="id7288053a-bf59-4d67-99b0-0d900fde0165"><enum>(B)</enum><text>by striking <quote>Assistant Administrator</quote> each place that term appears and inserting <quote>Director</quote>; and</text> </subparagraph><subparagraph id="idb2984a93-6059-4345-8d57-38a0a7590480"><enum>(C)</enum><text>in subsection (g)(2), in the paragraph heading, by striking <quote><header-in-text level="paragraph" style="OLC">Assistant Administrator</header-in-text></quote> and inserting <quote><header-in-text level="paragraph" style="OLC">Director</header-in-text></quote>.</text> </subparagraph></paragraph><paragraph id="idf482ed3e-a9d4-4ebb-a215-5155dcbffbe5"><enum>(2)</enum><header>Women's Business Ownership Act of 1988</header><text>Title IV of the Women’s Business Ownership Act of 1988 (15 U.S.C. 7101 et seq.) is amended—</text> <subparagraph id="id5f4e9209-5259-4eca-830a-2e0d00adc85a"><enum>(A)</enum><text>in section 403(a)(2)(B), by striking <quote>Assistant Administrator</quote> and inserting <quote>Director</quote>;</text> </subparagraph><subparagraph id="idade30760-a0ec-4fb9-91d4-f7bd442fe9cd"><enum>(B)</enum><text>in section 405, by striking <quote>Assistant Administrator</quote> and inserting <quote>Director</quote>; and</text> </subparagraph><subparagraph id="id04bb0eb9-928d-4613-9cc5-41eb784a4a51"><enum>(C)</enum><text>in section 406(c), by striking <quote>Assistant Administrator</quote> and inserting <quote>Director</quote>.</text> </subparagraph></paragraph></subsection></section><section id="iddae36144-5c64-4023-a198-9273f6a06d2a"><enum>424.</enum><header>Women’s Business Center Program</header> <subsection id="id933a3f52-521c-4af5-8543-034768bc6ea6"><enum>(a)</enum><header>Women’s Business Center financial assistance</header><text>Section 29 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 656) is amended—</text> <paragraph id="ida1b5e0df-11ec-4dd4-9e0c-e6474d1ada15"><enum>(1)</enum><text>in subsection (a), as amended by section 423(b) of this Act—</text> <subparagraph id="id10708542-3767-4209-b668-e543353dfd27"><enum>(A)</enum><text>by inserting before paragraph (2) the following:</text> <quoted-block id="ide044b36a-5dc1-4f84-b8ce-89f8fa3a5646" style="OLC"> <paragraph id="id6b30f4b8-6666-4784-bc42-9d6c490caac2"><enum>(1)</enum><text>the term <term>association of women’s business centers</term> means an organization—</text> <subparagraph id="id4c62dd70-733b-43d0-a774-4989fec1609f"><enum>(A)</enum><text>that represents not less than 51 percent of the women’s business centers that participate in a program under this section; and</text> </subparagraph><subparagraph id="id60013b72-c7b0-4be4-931c-35ccf17686a0"><enum>(B)</enum><text>whose primary purpose is to represent women’s business centers;</text> </subparagraph></paragraph><after-quoted-block>; </after-quoted-block></quoted-block> </subparagraph><subparagraph id="id4ccb80b7-33e2-457a-b3db-458041f58433"><enum>(B)</enum><text>by inserting after paragraph (2) the following:</text> <quoted-block display-inline="no-display-inline" id="idfcc0cf66-c772-49c7-a632-c0a29aef52fb" style="OLC"> <paragraph id="id91e18b8d-e902-4c9e-a3b8-87534bd07dc0"><enum>(3)</enum><text>the term <term>eligible entity</term> means—</text> <subparagraph id="id21f3e06d-60a9-4b36-a2c6-afae964f776c"><enum>(A)</enum><text>a private nonprofit organization;</text> </subparagraph><subparagraph id="iddca19449-89a7-4c94-8e3d-888977ed6e47"><enum>(B)</enum><text>a State, regional, or local economic development organization;</text> </subparagraph><subparagraph id="ida67335cd-34c3-47ff-bb6f-d4d09c3111fa"><enum>(C)</enum><text>a development, credit, or finance corporation chartered by a State;</text> </subparagraph><subparagraph id="idaa249aa6-9d1f-4d9d-9cd4-54fb236e360f"><enum>(D)</enum><text>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</text> </subparagraph><subparagraph id="id39e91dfa-b6fa-499e-975a-0268c70cfc9a"><enum>(E)</enum><text>any combination of entities listed in subparagraphs (A) through (D);</text> </subparagraph></paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </subparagraph><subparagraph id="id146aa9aa-6223-4af0-9029-533b0100f99b"><enum>(C)</enum><text>by adding after paragraph (5) the following:</text> <quoted-block display-inline="no-display-inline" id="id485fea0d-e944-4eb5-9923-734ac112fdc2" style="OLC"> <paragraph id="id17df88ee-8bd3-4260-8630-5c044254a0f3"><enum>(6)</enum><text>the term <term>women's business center</term> means a project conducted by an eligible entity under this section.</text> </paragraph><after-quoted-block>;</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="idb1c85481-8bde-41bb-949b-07de52240f85"><enum>(2)</enum><text>in subsection (b)—</text> <subparagraph id="id8ca70430-e962-456b-81e6-f52f73b8e03a"><enum>(A)</enum><text>by redesignating paragraphs (1), (2), and (3) as subparagraphs (A), (B), and (C), and adjusting the margins accordingly;</text> </subparagraph><subparagraph id="id9932d652-cc21-489e-abd9-6c0f3eca7307"><enum>(B)</enum><text>by striking <quote>The Administration</quote> and all that follows through <quote>5-year projects</quote> and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id46529329-53ca-4f0d-97d3-76bc96dace27" style="OLC"> <paragraph id="id73b7abba-547a-4244-aa25-bdc08f0e1104"><enum>(1)</enum><header>In general</header><text>The Administration may provide financial assistance to an eligible entity to conduct a project under this section</text> </paragraph><after-quoted-block>;</after-quoted-block></quoted-block> </subparagraph><subparagraph id="id6a5b2358-18c6-4733-a19f-7e6034d0c17f"><enum>(C)</enum><text>by striking <quote>The projects shall</quote> and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="idf66a8170-b531-4e4e-885b-f0571b5bdc73" style="OLC"> <paragraph id="id9f21c430-f16b-45af-a748-3ad16cada6e8"><enum>(2)</enum><header>Use of funds</header><text>The project shall be designed to provide training and counseling that meets the needs of women, especially socially and economically disadvantaged women, and shall</text> </paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </subparagraph><subparagraph id="id40485cc0-6784-4c4b-b312-7693c9635ce3"><enum>(D)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idbf685923-a2e6-46d3-af21-9613a70fa560" style="OLC"> <paragraph id="id91bf2070-c55a-4cfe-b0fa-1bea0cb31afb"><enum>(3)</enum><header>Amount of financial assistance</header> <subparagraph id="id4c13069c-bac1-4cca-9157-61e019e0ed29"><enum>(A)</enum><header>In general</header><text>The Administrator may award financial assistance under this subsection of not less than $100,000 and not more than $150,000 per year.</text> </subparagraph><subparagraph id="id1DF92A94D6D1464E972A4130EDE2E318"><enum>(B)</enum><header>Lower amount</header><text>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).</text> </subparagraph><subparagraph id="iddabbdb26-4a27-469d-b4bf-93acffc2400e"><enum>(C)</enum><header>Equal allocations</header><text>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.</text> </subparagraph></paragraph><paragraph id="iddb2fe2e7-aa50-4c88-ad1a-f4254ffa446b"><enum>(4)</enum><header>Consultation with associations of women’s business centers</header><text>The Administrator shall consult with each association of women’s business centers to develop—</text> <subparagraph id="idb341f69a-81d5-4134-8320-a8509b0910ad"><enum>(A)</enum><text>a training program for the staff of women’s business centers and the Administration; and</text> </subparagraph><subparagraph id="id92f015ab-1c35-4ada-b2a5-125b055b077d"><enum>(B)</enum><text>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).</text> </subparagraph></paragraph><after-quoted-block>; </after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="id86327674-1eb1-46dd-bced-37232dcf4f6c"><enum>(3)</enum><text>in subsection (c)—</text> <subparagraph id="id71040b42-f1c5-4b7c-a4ac-0eb37b3121fd"><enum>(A)</enum><text>in paragraph (1) by striking <quote>the recipient organization</quote> and inserting <quote>an eligible entity</quote>;</text> </subparagraph><subparagraph id="id30fcb165-aed4-477b-a1a9-0b1df6582972"><enum>(B)</enum><text>in paragraph (3), in the second sentence, by striking <quote>a recipient organization</quote> and inserting <quote>an eligible entity</quote>;</text> </subparagraph><subparagraph id="id89266138-b7a4-4dbc-8249-3fb49d712a08"><enum>(C)</enum><text>in paragraph (4)—</text> <clause id="idff573af8-15ad-42fc-9db9-dd50cfbd705d"><enum>(i)</enum><text>by striking <quote>recipient of assistance</quote> and inserting <quote>eligible entity</quote>;</text> </clause><clause id="id970607a3-843e-4258-a625-2bad1d99d2d5"><enum>(ii)</enum><text>by striking <quote>such organization</quote> and inserting <quote>the eligible entity</quote>; and</text> </clause><clause id="id8CE2E17407894FA99CAC534F740470ED"><enum>(iii)</enum><text>by striking <quote>recipient</quote> and inserting <quote>eligible entity</quote>;</text> </clause></subparagraph><subparagraph id="id5E03F7A6D7844AF8A149FA8226EEF026"><enum>(D)</enum><text>in paragraph (5)—</text> <clause id="idE231AD3AC1584E80BC2809B03563BE17"><enum>(i)</enum><text>in subparagraph (A), by striking <quote>a recipient organization</quote> and inserting <quote>an eligible entity</quote>; and</text> </clause><clause id="id0ECADEB2386D4E1A938E1AB6A4E125D3"><enum>(ii)</enum><text>by striking <quote>the recipient organization</quote> each place it appears and inserting <quote>the eligible entity</quote>; and</text> </clause></subparagraph><subparagraph id="id39D6A2C220C3490AAB45FFDFED219FD4"><enum>(E)</enum><text>by adding at end the following:</text> <quoted-block display-inline="no-display-inline" id="id062339C242C14866A904892235AAA407" style="OLC"> <paragraph id="id2989779A4B884FBBBB3A91528696E740"><enum>(6)</enum><header>Separation of project and funds</header><text>An eligible entity shall—</text> <subparagraph id="idD40C85577B7A4F06BB445ED1ABBDC834"><enum>(A)</enum><text>carry out a project under this section separately from other projects, if any, of the eligible entity; and</text> </subparagraph><subparagraph id="id47E0A8C4471348A697E15ADB58FFD7CB"><enum>(B)</enum><text>separately maintain and account for any financial assistance under this section.</text> </subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph id="ida9cb32ce-4141-4f1d-8152-50898e869b77"><enum>(4)</enum><text>in subsection (e)—</text> <subparagraph id="idddc8c966-c239-4a1a-aabc-70a127794273"><enum>(A)</enum><text>by striking <quote>applicant organization</quote> and inserting <quote>eligible entity</quote>;</text> </subparagraph><subparagraph id="id87b368bc-2db9-4dcb-be38-b1897d9d3f87"><enum>(B)</enum><text>by striking <quote>a recipient organization</quote> and inserting <quote>an eligible entity</quote>; and</text> </subparagraph><subparagraph commented="no" id="id484fe0ea-087f-4c16-aa57-7f8a6fc2247f"><enum>(C)</enum><text>by striking <quote>site</quote>;</text> </subparagraph></paragraph><paragraph id="id295cad88-5f35-41a0-9fa2-384adef14c0c"><enum>(5)</enum><text>by striking subsection (f) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="ida20e9c86-ac0e-4f06-bac2-93de99ccb51e" style="OLC"> <subsection id="id06cbf90d-d9c9-459b-b511-d22fec739ad8"><enum>(f)</enum><header>Applications and criteria for initial financial assistance</header> <paragraph id="idf054b39e-6aed-4242-8b64-ed8f9c76905c"><enum>(1)</enum><header>Application</header><text>Each eligible entity desiring financial assistance under subsection (b) shall submit to the Administrator an application that contains—</text> <subparagraph id="id41c93006-c29c-4794-89a3-d325d778a634"><enum>(A)</enum><text>a certification that the eligible entity—</text> <clause id="id3e2843de-5865-4439-8438-6820e5a98c67"><enum>(i)</enum><text>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;</text> </clause><clause id="id085e1dad-1fc1-4e3d-8642-090b00d2a1a5"><enum>(ii)</enum><text>as a condition of receiving financial assistance under subsection (b), agrees—</text> <subclause id="id36abeffe-6afc-4bf1-824b-acda44b05db5"><enum>(I)</enum><text>to receive a site visit by the Administrator as part of the final selection process;</text> </subclause><subclause id="id6ea603eb-5a8e-41c4-9fcd-86f012cda89b"><enum>(II)</enum><text>to undergo an annual programmatic and financial examination; and</text> </subclause><subclause id="id8b047a9c-3d91-4867-8b8f-a9167ccf3621"><enum>(III)</enum><text>to the maximum extent practicable, to remedy any problems identified pursuant to the site visit or examination under subclause (I) or (II); and</text> </subclause></clause><clause commented="no" display-inline="no-display-inline" id="id3f703a4b-420c-4937-bc40-78fd990d9ac2"><enum>(iii)</enum><text display-inline="yes-display-inline">meets the accounting and reporting requirements established by the Director of the Office of Management and Budget;</text> </clause></subparagraph><subparagraph id="id9e0ee235-2f3d-44a6-8049-f578127856b6"><enum>(B)</enum><text>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);</text> </subparagraph><subparagraph id="id7514f207-9d6c-4fe4-951e-e8160c04e287"><enum>(C)</enum><text>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;</text> </subparagraph><subparagraph id="ida20d1960-75b9-49a7-8c00-2a5477c0ecf0"><enum>(D)</enum><text>information demonstrating the experience and effectiveness of the eligible entity in—</text> <clause id="id3f20054c-c648-4e3a-baa4-53d26c1b8932"><enum>(i)</enum><text>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;</text> </clause><clause id="id6bf6501b-4abc-41d2-8b43-61a2bd0c20fd"><enum>(ii)</enum><text>providing training and services to a representative number of women who are socially and economically disadvantaged; and</text> </clause><clause id="id25f0f0b4-4f5e-47fd-afd7-68697e2b1ebc"><enum>(iii)</enum><text>working with resource partners of the Administration and other entities, such as universities; and</text> </clause></subparagraph><subparagraph id="idcacf056a-4de4-467f-8654-2d608a97bb50"><enum>(E)</enum><text>a 5-year plan that describes the ability of the women's business center for which financial assistance is sought—</text> <clause id="idfe9cdf0a-5a67-49b3-ad20-738c47208690"><enum>(i)</enum><text>to serve women who are business owners or potential business owners by conducting training and counseling activities; and</text> </clause><clause id="idb8e70afe-edfa-42c4-93c8-d185e107098b"><enum>(ii)</enum><text>to provide training and services to a representative number of women who are socially and economically disadvantaged.</text> </clause></subparagraph></paragraph><paragraph id="idf081457b-991f-4e98-9a3a-521d4f4d74ea"><enum>(2)</enum><header>Additional information</header><text>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.</text> </paragraph><paragraph id="id892333f3-aafb-4369-a167-2349f966b772"><enum>(3)</enum><header>Review and approval of applications for initial financial assistance</header> <subparagraph id="id0e9abbae-d8ee-47fc-855f-a2a0797a98e8"><enum>(A)</enum><header>In general</header><text>The Administrator shall—</text> <clause id="idab1fa9e5-8c5c-4263-a8bc-0ee7fc4559dd"><enum>(i)</enum><text>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</text> </clause><clause id="id5210e91d-0a8c-4837-9b60-6885b0b4122f"><enum>(ii)</enum><text>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.</text> </clause></subparagraph><subparagraph id="idf7d747a0-04c7-4526-a86a-2d3dd733ad63"><enum>(B)</enum><header>Selection criteria</header> <clause id="idba433d4e-62b2-405b-931b-3742be04bf49"><enum>(i)</enum><header>In general</header><text>The Administrator shall evaluate applicants for financial assistance under subsection (b) in accordance with selection criteria that are—</text> <subclause id="id80265b24-c175-411d-be52-69376dee5252"><enum>(I)</enum><text>established before the date on which applicants are required to submit the applications;</text> </subclause><subclause id="id8f532050-7a25-4e72-9807-829611336424"><enum>(II)</enum><text>stated in terms of relative importance; and</text> </subclause><subclause id="id066c343a-6270-4def-b8e4-7a806f43bca9"><enum>(III)</enum><text>publicly available and stated in each solicitation for applications for financial assistance under subsection (b) made by the Administrator.</text> </subclause></clause><clause id="ide402d19b-edf4-4c47-b0a9-e1e41b6e3640"><enum>(ii)</enum><header>Required criteria</header><text>The selection criteria for financial assistance under subsection (b) shall include—</text> <subclause id="idf0e56ea5-1d9d-48ae-b280-464b21c6c452"><enum>(I)</enum><text>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;</text> </subclause><subclause id="id9e88192a-8328-4839-aaac-b14cb6422206"><enum>(II)</enum><text>the ability of the applicant to begin a project within a minimum amount of time;</text> </subclause><subclause id="id0e55fba3-1753-419b-a5d8-bb8779b1430b"><enum>(III)</enum><text>the ability of the applicant to provide training and services to a representative number of women who are socially and economically disadvantaged; and</text> </subclause><subclause id="id87b25b84-7c08-4b13-89e6-ab39e139dadb"><enum>(IV)</enum><text>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.</text> </subclause></clause></subparagraph><subparagraph id="id27501ece-5b87-40cf-842d-498f730a7c82"><enum>(C)</enum><header>Proximity</header><text>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.</text> </subparagraph><subparagraph id="id52333bb8-f304-4959-9e4c-123043722972"><enum>(D)</enum><header>Record retention</header><text>The Administrator shall maintain a copy of each application submitted under this subsection for not less than 7 years.</text> </subparagraph></paragraph></subsection><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph id="idb88a2e5d-e912-4b6c-955c-8b7d4dbb8cd7"><enum>(6)</enum><text>in subsection (m)—</text> <subparagraph id="id2784C54184FD4BB892254D3DD184EAD1"><enum>(A)</enum><text>by striking paragraph (3) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="idfd293125-7c7a-481e-8381-87077d35fb52" style="OLC"> <paragraph id="idde04663d-db06-4ac4-8e46-f84a8a09a865"><enum>(3)</enum><header>Application and approval for renewal grants</header> <subparagraph commented="no" display-inline="no-display-inline" id="idD9FCE61885954AE6BA984F875EFFB6E7"><enum>(A)</enum><header display-inline="yes-display-inline">Solicitation of applications</header><text display-inline="yes-display-inline">The Administrator shall solicit applications and award grants under this subsection for the first fiscal year beginning after the date of enactment of the <short-title>Women's Small Business Ownership Act of 2012</short-title>, and every third fiscal year thereafter.</text> </subparagraph><subparagraph id="idbeb23d75-4497-4612-ad8b-229615e3257c"><enum>(B)</enum><header>Contents of application</header><text>Each eligible entity desiring a grant under this subsection shall submit to the Administrator an application that contains—</text> <clause id="id0ad456e3-6acd-4fb8-b235-91729e26f739"><enum>(i)</enum><text>a certification that the applicant—</text> <subclause id="id7e980a1d-3497-436e-9e33-93d8ffc1f63f"><enum>(I)</enum><text>is an eligible entity;</text> </subclause><subclause id="id965460a2-302a-4b3c-9bb5-5d6667063113"><enum>(II)</enum><text>has designated a full-time executive director or program manager to manage the women's business center operated by the applicant; and</text> </subclause><subclause id="id3be2caf7-9a4b-49a1-a5b1-4c952d66b41b"><enum>(III)</enum><text>as a condition of receiving a grant under this subsection, agrees—</text> <item id="id07c15a44-6f3f-47e0-b4cd-9b47cc81f00c"><enum>(aa)</enum><text>to receive a site visit as part of the final selection process;</text> </item><item id="idb74cc68e-2bd9-46c7-bf53-5d0edbeac2bd"><enum>(bb)</enum><text>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</text> </item><item id="id6016ee29-9d4a-4dd9-a22c-9d7c185bfa06"><enum>(cc)</enum><text>to remedy any problem identified pursuant to the site visit or examination under item (aa) or (bb);</text> </item></subclause></clause><clause id="id7fa3d318-4808-44bb-8393-f4c5021bcf9e"><enum>(ii)</enum><text>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);</text> </clause><clause id="ida741d333-311b-4a83-91e6-9f81e7696171"><enum>(iii)</enum><text>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;</text> </clause><clause id="id2427438d-b576-4a84-96e1-b3d33d44c99c"><enum>(iv)</enum><text>information demonstrating that the applicant has worked with resource partners of the Administration and other entities;</text> </clause><clause id="idad42a552-f3a7-46fb-9be9-919d4c96f169"><enum>(v)</enum><text>a 3-year plan that describes the ability of the women's business center for which a grant under this subsection is sought—</text> <subclause id="id66033e54-3893-4520-9751-7c0aa5b4ed32"><enum>(I)</enum><text>to serve women who are business owners or potential business owners by conducting training and counseling activities; and</text> </subclause><subclause id="id6b9e0163-a63c-4f82-bf6e-6a32c874d8a6"><enum>(II)</enum><text>to provide training and services to a representative number of women who are socially and economically disadvantaged; and</text> </subclause></clause><clause id="id27c4ecce-a4b6-46c4-a17e-1e16c9bb770c"><enum>(vi)</enum><text>any additional information that the Administrator may reasonably require.</text> </clause></subparagraph><subparagraph id="id30ba3cc9-fbb4-41d0-a8b5-e3b972763fb0"><enum>(C)</enum><header>Review and approval of applications for grants</header> <clause id="id82acbef0-7c11-4945-b16d-3f31688d1e26"><enum>(i)</enum><header>In general</header><text>The Administrator shall—</text> <subclause id="ide3253555-f790-42ab-a3fc-31564b7df3bc"><enum>(I)</enum><text>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</text> </subclause><subclause id="id03c63dc1-2c80-4344-9745-3aa7bf5aae28"><enum>(II)</enum><text>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.</text> </subclause></clause><clause id="id98b32ee3-0411-43e1-b026-df53e9967c4a"><enum>(ii)</enum><header>Selection criteria</header> <subclause id="idbcc806ef-6cb9-4899-b4c8-913426b8359d"><enum>(I)</enum><header>In general</header><text>The Administrator shall evaluate applicants for grants under this subsection in accordance with selection criteria that are—</text> <item id="idb063995b-8b3c-4bd1-b808-c5c50f384afe"><enum>(aa)</enum><text>established before the date on which applicants are required to submit the applications;</text> </item><item id="idcaa69d79-38cc-437f-8bb7-de392ff67424"><enum>(bb)</enum><text>stated in terms of relative importance; and</text> </item><item id="idee7f234d-19bf-42d0-8f94-fab5b1b2b8bf"><enum>(cc)</enum><text>publicly available and stated in each solicitation for applications for grants under this subsection made by the Administrator.</text> </item></subclause><subclause id="idc7d3821a-7ca4-4282-9b9e-98e5a135641a"><enum>(II)</enum><header>Required criteria</header><text>The selection criteria for a grant under this subsection shall include—</text> <item id="idfc77a910-d85e-4ce3-852e-582d62a3f994"><enum>(aa)</enum><text>the total number of entrepreneurs served by the applicant;</text> </item><item id="id3880450e-e24d-4fb1-9751-870cccb2d55b"><enum>(bb)</enum><text>the total number of new startup companies assisted by the applicant;</text> </item><item id="ida319d649-280a-4d81-a2c7-f768ce48050b"><enum>(cc)</enum><text>the percentage of clients of the applicant that are socially or economically disadvantaged; and</text> </item><item id="ida83d34dc-b5ee-4e52-bdc3-451c4696f87e"><enum>(dd)</enum><text>the percentage of individuals in the community served by the applicant who are socially or economically disadvantaged.</text> </item></subclause></clause><clause id="idb22fa078-6ab8-45d2-b6a9-51a4bd828b6b"><enum>(iii)</enum><header>Conditions for continued funding</header><text>In determining whether to make a grant under this subsection, the Administrator—</text> <subclause id="idad4e11a8-c429-4e8e-a5bc-ff3d169db680"><enum>(I)</enum><text>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</text> </subclause><subclause id="id904696d7-7d00-461b-a798-5ab757cdc0ee"><enum>(II)</enum><text>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.</text> </subclause></clause></subparagraph><subparagraph id="id86b0399f-b6dd-4e7b-b7b0-cecc4c340db8"><enum>(D)</enum><header>Notification</header><text>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.</text> </subparagraph><subparagraph id="id4178aca4-83d0-45a6-ba8f-5686117e9893"><enum>(E)</enum><header>Record retention</header><text>The Administrator shall maintain a copy of each application submitted under this paragraph for not less than 7 years.</text> </subparagraph></paragraph><after-quoted-block>; and</after-quoted-block></quoted-block> </subparagraph><subparagraph id="id14883A02C0834A08A88A9CD9A31FCFA2"><enum>(B)</enum><text>by striking paragraph (5) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id73214792D546468B86105DC7BE68BB67" style="OLC"> <paragraph id="id54058253FB454B53B05EBE078A6AE463"><enum>(5)</enum><header>Award to previous recipients</header><text>There shall be no limitation on the number of times the Administrator may award a grant to an applicant under this subsection.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph></subsection><subsection id="id2128f39e-c8db-434a-b011-406a2477b5e1"><enum>(b)</enum><header>Technical and conforming amendments</header> <paragraph id="id18A4202C1C92478E8F1428905BD82FD9"><enum>(1)</enum><header>In general</header><text>Section 29 of the <act-name parsable-cite="SBA">Small Business Act</act-name> (15 U.S.C. 656) is amended—</text> <subparagraph id="idb9bd44d4-aa82-4940-8cfd-8ac80a3e64b1"><enum>(A)</enum><text>in subsection (h)(2), by striking <quote>to award a contract (as a sustainability grant) under subsection (l) or</quote>;</text> </subparagraph><subparagraph id="idc7dbb429-c6c0-4d6a-a166-25c7a03ae6ff"><enum>(B)</enum><text>in subsection (j)(1), by striking <quote>The Administration</quote> and inserting <quote>Not later than November 1 of each year, the Administrator</quote>;</text> </subparagraph><subparagraph id="id0c86ab5c-e86e-4c76-abce-b349e88e296b"><enum>(C)</enum><text>in subsection (k)—</text> <clause id="id18e7e896-7900-4102-9681-9223eacfdf8a"><enum>(i)</enum><text>by striking paragraphs (1), (2), and (4);</text> </clause><clause id="idfa0f86fc-b72e-403a-820f-b45aa8d5145a"><enum>(ii)</enum><text>by redesignating paragraph (3) as paragraph (4); and</text> </clause><clause id="idc0dc4ec2-e19a-4de7-8652-f42b2e2cf866"><enum>(iii)</enum><text>by inserting before paragraph (4), as so redesignated, the following:</text> <quoted-block id="idfe3668f6-5f61-436f-910d-948f1cd73aaa" style="OLC"> <paragraph id="id7d494f03-095e-48cf-a0af-d6e28da3dc1e"><enum>(1)</enum><header>In general</header><text>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.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id87ae9c43-f537-4f05-b142-4c0a5ceb55d9"><enum>(2)</enum><header>Use of funds</header><text display-inline="yes-display-inline">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.</text> </paragraph><paragraph id="idfb19e6d0-ca24-4eb2-8d11-7b0e33e1cbb5"><enum>(3)</enum><header>Continuing grant and cooperative agreement authority</header> <subparagraph id="idc3b9cf34-6363-42d9-890a-a8f30519921f"><enum>(A)</enum><header>Prompt disbursement</header><text>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.</text> </subparagraph><subparagraph id="ideb5270f2-a091-4c0a-a46c-26e104729027"><enum>(B)</enum><header>Suspension or termination</header><text>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—</text> <clause id="id07c76664-4071-40ed-ab53-da9b0afee890"><enum>(i)</enum><text>provides the women's business center with written notification setting forth the reasons for that action; and</text> </clause><clause id="id73b9bb57-4ea2-44b7-b402-e3013dc44004"><enum>(ii)</enum><text>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.</text> </clause></subparagraph></paragraph><after-quoted-block>; </after-quoted-block></quoted-block> </clause></subparagraph><subparagraph id="id11478395-be47-407f-85f9-2ce9239d9727"><enum>(D)</enum><text>in subsection (m)—</text> <clause id="idE87BBA49C86048C58540A975CDB467E7"><enum>(i)</enum><text>in paragraph (2), by striking <quote>subsection (b) or (l)</quote> and inserting <quote>this subsection or subsection (b)</quote>; and</text> </clause><clause id="idB64BEA27916E4385A472C901DCE634A3"><enum>(ii)</enum><text>in paragraph (4)(D), by striking <quote>or subsection (l)</quote>; and</text> </clause></subparagraph><subparagraph id="id263d412d-2f99-4ab4-ad68-5e4225addd47"><enum>(E)</enum><text>by redesignating subsections (m) and (n), as amended by this Act, as subsections (l) and (m), respectively.</text> </subparagraph></paragraph><paragraph id="id9DBEEAC130AD40B889B2FAAC1534C591"><enum>(2)</enum><header>Prospective repeal</header><text>Section 1401(c)(2) of the Small Business Jobs Act of 2010 (15 U.S.C. 636 note) is amended—</text> <subparagraph id="id0ECF16C05F16441A976A42FA91C4520A"><enum>(A)</enum><text>in subparagraph (A), by striking <quote>and</quote> at the end;</text> </subparagraph><subparagraph id="id2145EAE1D3B947199BE8736267ED1EDA"><enum>(B)</enum><text>in subparagraph (B), by striking the period at the end and inserting <quote>; and</quote>; and</text> </subparagraph><subparagraph id="id8ED07921998940699880DFC354F62850"><enum>(C)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idEE0D0B813D8E4F1F8172D1BC088E8CE3" style="OLC"> <subparagraph id="id0CB43F6CA1414BE1BE1E34832101737A"><enum>(C)</enum><text>by redesignating paragraph (6), as added by section 424(a)(3)(E) of the <short-title>Women's Small Business Ownership Act of 2012</short-title>, as paragraph (5).</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subparagraph></paragraph></subsection><subsection id="idF317177F95784400A4792242594744E5"><enum>(c)</enum><header>Effect on existing grants</header> <paragraph id="idC2D6DFCE8AB24EC98F42EDD4F65B5C3C"><enum>(1)</enum><header>Terms and conditions</header><text>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.</text> </paragraph><paragraph id="id6C392927E2C845BFB327FF06E026E980"><enum>(2)</enum><header>Length of renewal grant</header><text>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—</text> <subparagraph id="idDB2A2C6B9FD64F3D89F57D33AC03C74B"><enum>(A)</enum><text>beginning on the day after the last day of the grant agreement under such section 29(m); and</text> </subparagraph><subparagraph id="id470851F4FC2243B987637E10694C8E3D"><enum>(B)</enum><text>ending at the end of the third fiscal year beginning after the date of enactment of this Act.</text> </subparagraph></paragraph></subsection></section><section id="id3e217445-6f42-448b-a36c-ea4e2bc13707"><enum>425.</enum><header>Study and report on economic issues facing women's business centers</header> <subsection id="idc0107c34-4a69-40d0-a2ca-1b127a77e675"><enum>(a)</enum><header>Study</header><text>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—</text> <paragraph id="ide4c87a23-1666-4e7f-841d-72cc32c44dfb"><enum>(1)</enum><text>the difficulties such centers face in raising non-Federal funds;</text> </paragraph><paragraph id="id46e77e66-6ef0-489f-be35-9c514e7182a8"><enum>(2)</enum><text>the difficulties such centers face in competing for financial assistance, non-Federal funds, or other types of assistance;</text> </paragraph><paragraph id="id4d0369d6-be5e-4b04-82cf-e4eed625d606"><enum>(3)</enum><text>the difficulties such centers face in writing grant proposals; and</text> </paragraph><paragraph id="id724bf45c-c858-4274-b99b-cc6f7f3bb9b9"><enum>(4)</enum><text>other difficulties such centers face because of the economy in the type of covered area in which such centers are located.</text> </paragraph></subsection><subsection id="idf513fefe-d547-4397-9d2f-294b9dff719f"><enum>(b)</enum><header>Report</header><text>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—</text> <paragraph id="id947ba4f8-6c1f-44e0-89e8-3b8354e67fe4"><enum>(1)</enum><text>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;</text> </paragraph><paragraph id="idb6f6f3a8-d36a-4df3-a0b1-633997113d1b"><enum>(2)</enum><text>expand the presence of, and increase the services provided by, women's business centers located in covered areas; and</text> </paragraph><paragraph id="ida35e2071-961a-46dc-866e-65200609040a"><enum>(3)</enum><text>best use technology and other resources to better serve women business owners located in covered areas.</text> </paragraph></subsection><subsection id="id4d843b07-0223-42e6-9852-525a7aa21ffa"><enum>(c)</enum><header>Definition of covered area</header><text>In this section, the term <term>covered area</term> means—</text> <paragraph id="id0b8c9f65-4030-4cc2-8f95-35e2bfb11ee1"><enum>(1)</enum><text>any State that is predominantly rural, as determined by the Administrator;</text> </paragraph><paragraph id="id4212ee2e-3484-4652-8f42-76ad3c05218b"><enum>(2)</enum><text>any State that is predominantly urban, as determined by the Administrator; and</text> </paragraph><paragraph id="id26274e23-a05a-4913-a1f7-851f65a634c0"><enum>(3)</enum><text>any State or territory that is an island.</text> </paragraph></subsection></section><section id="id50373050B3A543E28AD970EE0DF454BE"><enum>426.</enum><header>Study and report on oversight of women's business centers</header> <subsection id="id0D07111175AA45238B9203FF7513925D"><enum>(a)</enum><header>Study</header><text>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—</text> <paragraph id="id8FE966911CFB4AC6A1D732B6E8C38241"><enum>(1)</enum><text>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;</text> </paragraph><paragraph id="idFEA2CCC53A58486F96D422E2B875A84B"><enum>(2)</enum><text>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</text> </paragraph><paragraph id="id2560C375707F4E5BAAEFF96972194D49"><enum>(3)</enum><text>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.</text> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id44C219D966D942D7A10D962C39AB795F"><enum>(b)</enum><header>Report</header><text>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.</text> </subsection></section></subtitle><subtitle id="id2190417418EE48E290EA0F3A83E1D081"><enum>C</enum><header>Strengthening America's Small Business Development Centers</header> <section id="id3D8DB74FF1504B1EA5FB2E4C94127C49"><enum>431.</enum><header>Institutions of higher education</header><text display-inline="no-display-inline">Section 21 of the Small Business Act (15 U.S.C. 648) is amended—</text> <paragraph id="idCE141E2160AE4081803C9632606FE27B"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)(1), by striking <quote>: <italic>Provided, </italic>That</quote> and all that follows through <quote>on such date.</quote> and inserting the following: <quote>. 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).</quote>; and</text> </paragraph><paragraph id="idECBDAD029EFC45C2B4E3C1EC8E5D30E2"><enum>(2)</enum><text>in subsection (c)(3)(K), by inserting <quote>public and private institutions of higher education (including universities, community colleges, and junior colleges),</quote> before <quote>local and regional private consultants</quote>.</text> </paragraph></section><section id="id2CEB17463F2646AEA461160764F38FB8"><enum>432.</enum><header>Updating funding levels for small business development centers</header> <subsection id="id36539D3B858C4DB9ABAC78088118DBE7"><enum>(a)</enum><header>Minimum funding levels</header><text>Section 21(a)(4)(C) of the Small Business Act (15 U.S.C. 648(a)(4)(C)) is amended—</text> <paragraph id="id3C37F106739844D1A3FE443F885FAC6C"><enum>(1)</enum><text>in clause (iii)—</text> <subparagraph id="id93492BC26DA144FB92ED59E41D232932"><enum>(A)</enum><text>by striking <quote>$90,000,000</quote> each place that term appears and inserting <quote>$98,500,000</quote>;</text> </subparagraph><subparagraph id="id89731A8867484AFEAD15BF7903E6E642"><enum>(B)</enum><text>by striking <quote>$81,500,000</quote> each place that term appears and inserting <quote>$90,000,000</quote>; and</text> </subparagraph><subparagraph id="idCF576D16B74B444990F70D62EA02D706"><enum>(C)</enum><text>by striking <quote>$500,000</quote> each place that term appears and inserting <quote>$600,000</quote>;</text> </subparagraph></paragraph><paragraph id="id5CCFDCA5CEE34649B16E1EE935C2B037"><enum>(2)</enum><text>in clause (v)(II), by striking <quote>if the usage</quote> and all that follows through the end of the subclause and inserting a period; and</text> </paragraph><paragraph id="id70f2b8d520f448a1958aff85a04deeef"><enum>(3)</enum><text>in clause (v), by striking subclause (I) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id78360628BBDC449B9F9CC5E71C80CE4A" style="OLC"> <subclause id="idaeb77251510546b38584c5d9dbebc81e"><enum>(I)</enum><header>In general</header><text>Of the amounts made available in any fiscal year to carry out this section—</text> <item id="ide50bbb478821418c8b2995b67afcca30"><enum>(aa)</enum><text>not more than $50,000 may be used by the Administration to pay the expenses enumerated in subparagraph (B) of section 20(a)(1);</text> </item><item id="idb62b81d9886444dca9d90ead861b6752"><enum>(bb)</enum><text>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</text> </item><item id="id3906d5e90c604d5fa60778374eba9aed"><enum>(cc)</enum><text>not more than $250,000 may be used by the Administration to pay the expenses enumerated in subparagraph (D) of section 20(a)(1).</text> </item></subclause><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="id9732A2D486D24A04B88A2181C72B07D3"><enum>(b)</enum><header>Authorization of appropriations</header><text display-inline="yes-display-inline">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:</text> <quoted-block display-inline="no-display-inline" id="idd3891413-237e-4802-8ea0-ae3a75da3328" style="OLC"> <clause id="id1d6b60c8-a16a-4407-a435-ea6f20808609"><enum>(vii)</enum><header>Authorization of appropriations</header><text>There are authorized to be appropriated to carry out this subparagraph—</text> <subclause id="id45aea570-f01c-4e21-990c-5ed28bc2ed7c"><enum>(I)</enum><text>$135,000,000 for fiscal year 2013;</text> </subclause><subclause id="id983e2b1e-1153-4942-821c-9fc082e02b74"><enum>(II)</enum><text>$135,000,000 for fiscal year 2014; and</text> </subclause><subclause commented="no" display-inline="no-display-inline" id="id1699b261-5cd6-40dd-8d8c-8d3100e5fd58"><enum>(III)</enum><text>$135,000,000 for fiscal year 2015.</text> </subclause></clause><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section commented="no" display-inline="no-display-inline" id="id97a50746-d8e6-423d-8364-cdbef03e5528"><enum>433.</enum><header>Assistance to out-of-state small businesses</header><text display-inline="no-display-inline">Section 21(b)(3) of the Small Business Act (15 U.S.C. 648(b)(3)) is amended—</text> <paragraph commented="no" display-inline="no-display-inline" id="ida84d49d7-44c1-4d36-8734-baf2bdcdb747"><enum>(1)</enum><text>by striking <quote>(3) At the discretion</quote> and inserting the following:</text> <quoted-block id="idc96babd9-ed34-4be1-a6f5-cc2725ad66b8"> <paragraph id="idE3409542E1B043E49928E140469FEB3B" indent="up1"><enum>(3)</enum><header>Assistance to out-of-State small businesses</header> <subparagraph id="id3C259222D93D4042A4626749DECF0684"><enum>(A)</enum><header>In general</header><text>At the discretion</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph><paragraph id="idaafe4df4-20ae-43ad-871a-7dfcfce4c7db"><enum>(2)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idd861042a-1dd5-4812-a3c6-0fb9a0f5e2a0" style="OLC"> <subparagraph id="idc38833b8-ce47-4bdb-93e9-67c125d3c8b6" indent="up1"><enum>(B)</enum><header>Disaster recovery assistance</header> <clause id="id2459cc49-0b49-44c3-a66d-57c169675c29"><enum>(i)</enum><header>In general</header><text>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.</text> </clause><clause id="id1f2c3994-372a-405b-bdca-af80c977cb48"><enum>(ii)</enum><header>Continuity of services</header><text>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.</text> </clause><clause id="id302f2370-46f2-4c6e-9b03-2683ec884e85"><enum>(iii)</enum><header>Access to disaster recovery facilities</header><text>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.</text> </clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section id="id8B55BB0627FB4735AC07419DC2CAC950"><enum>434.</enum><header>Termination of small business development center defense economic transition assistance</header> <subsection id="id1627D69E3A4F4BC0A5FCE9CB773D2C79"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 21(c)(3) of the Small Business Act (15 U.S.C. 648(c)(3)) is amended—</text> <paragraph id="idA768F892A6DB4F718FEC62A13A9F1EBE"><enum>(1)</enum><text>by striking subparagraph (G); and</text> </paragraph><paragraph id="id96F58CC4C15043458C557D3AFA0E8C79"><enum>(2)</enum><text>by redesignating subparagraphs (H) through (T) as subparagraphs (G) through (S), respectively.</text> </paragraph></subsection><subsection id="id2A941217E9DD4A628D4DFB2EDE20C91B"><enum>(b)</enum><header>Technical and conforming amendments</header><text>Section 21(a) of the Small Business Act (15 U.S.C. 648(a)) is amended—</text> <paragraph id="id42D6BF984919489189C88FA2B5CFC2DF"><enum>(1)</enum><text>in paragraph (4)(C)(vi), by striking <quote>or (c)(3)(G)</quote>; and</text> </paragraph><paragraph id="id41FE43E97E46478E91990647376052AD"><enum>(2)</enum><text>in paragraph (6), by striking <quote>subparagraphs (B) through (G) of subsection (c)(3)</quote> and inserting <quote>subparagraphs (B) through (F) of subsection (c)(3)</quote>.</text> </paragraph></subsection><subsection id="id1292BD40FA1B40908CA52A7841AD4C81"><enum>(c)</enum><header>Existing grants</header><text>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.</text> </subsection></section><section id="ida256736e-6238-4753-ba86-6c42c14e1fa2"><enum>435.</enum><header>National Small Business Development Center Advisory Board</header> <subsection id="id41b96c93-dd6d-48bb-97d3-4d548ac2bc00"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 21(i)(1) of the Small Business Act (15 U.S.C. 648(i)(1)) is amended—</text> <paragraph id="ida260afc8-bc39-4cc1-aa55-7dbd5fc5ddc8"><enum>(1)</enum><text display-inline="yes-display-inline">in the first sentence, by striking <quote>nine members</quote> and inserting <quote>10 members</quote>;</text> </paragraph><paragraph id="id9a2538d3-f68f-4f93-8485-2286d256185c"><enum>(2)</enum><text>in the second sentence, by striking <quote>six</quote> and inserting <quote>the members who are not from universities or their affiliates</quote>;</text> </paragraph><paragraph id="id28e843dd-88fc-43d7-888b-7e4d11d7c193"><enum>(3)</enum><text>by striking the third sentence; and</text> </paragraph><paragraph id="id152e131a-8576-4861-9f56-a25ea42245de"><enum>(4)</enum><text>in the fourth sentence—</text> <subparagraph id="id4C5B516C366D46E5ACB032DBFF8E76B4"><enum>(A)</enum><text>by striking <quote>Succeeding Boards</quote> and inserting <quote>The members of the Board</quote>; and</text> </subparagraph><subparagraph id="idD75CF15359C4468380C47890F400AC72"><enum>(B)</enum><text>by inserting <quote>not less than</quote> before <quote>one-third</quote>.</text> </subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id4b5c08b8-b2ad-4d61-b8cd-ad90be90bd6c"><enum>(b)</enum><header>Incumbents</header><text>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.</text> </subsection></section><section commented="no" display-inline="no-display-inline" id="idFBF35F2334D645619B6D4DB689519E6F" section-type="subsequent-section"><enum>436.</enum><header>Repeal of Paul D. Coverdell drug-free workplace program</header><text display-inline="no-display-inline">Section 27 of the Small Business Act (15 U.S.C. 654) is repealed.</text> </section></subtitle><subtitle id="idEC129397743549249B06D5C42200D6A2"><enum>D</enum><header>Terminating the National Veterans Business Development Corporation</header> <section id="id0AC4F72D91824951BC32907DB0EA28D8"><enum>441.</enum><header>National Veterans Business Development Corporation</header> <subsection id="id4A33E17275D240CABD7FB39830842142"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">The Small Business Act (15 U.S.C. 631 et seq.) is amended by striking section 33 (15 U.S.C. 657c).</text> </subsection><subsection id="id2C1437C3CFCF49DEAF9730DAAAAD287D"><enum>(b)</enum><header>Corporation</header><text>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.</text> </subsection><subsection id="idCCA284D25D3C424FB555D35B181C6DBF"><enum>(c)</enum><header>Technical and conforming amendments</header> <paragraph id="id9334D3A5449D479F8E4CB5A41A0599F4"><enum>(1)</enum><header>Small Business Act</header><text>The Small Business Act (15 U.S.C. 631 et seq.), as amended by this section, is amended—</text> <subparagraph id="idF33DEC88B39342BD8CB5D260A1BEEE9E"><enum>(A)</enum><text>by redesignating sections 34 through 45 as sections 33 through 44, respectively;</text> </subparagraph><subparagraph id="idD8A912874CA14279A16A46166E36D4E8"><enum>(B)</enum><text>in section 9(k)(1)(D) (15 U.S.C. 638(k)(1)(D)), by striking <quote>section 34(d)</quote> and inserting <quote>section 33(d)</quote>;</text> </subparagraph><subparagraph id="id9244C7FA42F14FF18FA0AA4DE3AFD854"><enum>(C)</enum><text>in section 33 (15 U.S.C. 657d), as so redesignated—</text> <clause id="id20EFC24AAA994E9F88A74C7B8FBF3F5A"><enum>(i)</enum><text>by striking <quote>section 35</quote> each place it appears and inserting <quote>section 34</quote>;</text> </clause><clause id="idA64E4F4CE9734638BCA979C76A0B67D5"><enum>(ii)</enum><text>in subsection (a)—</text> <subclause id="id69CFE1E2DDFC40E2928A3EBEB57DEEAD"><enum>(I)</enum><text>in paragraph (2), by striking <quote>section 35(c)(2)(B)</quote> and inserting <quote>section 34(c)(2)(B)</quote>;</text> </subclause><subclause id="idC0DECCE4495D42719FEB10B44E0B77EC"><enum>(II)</enum><text>in paragraph (4), by striking <quote>section 35(c)(2)</quote> and inserting <quote>section 34(c)(2)</quote>; and</text> </subclause><subclause id="idE22FA33B57D74F14BB9F67DE7559EED7"><enum>(III)</enum><text>in paragraph (5), by striking <quote>section 35(c)</quote> and inserting <quote>section 34(c)</quote>; and</text> </subclause></clause><clause id="id9CC666ADDF4440A899CAA79D779BD14A"><enum>(iii)</enum><text>in subsection (h)(2), by striking <quote>section 35(d)</quote> and inserting <quote>section 34(d)</quote>;</text> </clause></subparagraph><subparagraph id="idC25E6DBB9C7C4981A07E2FCBD33AEC02"><enum>(D)</enum><text>in section 34 (15 U.S.C. 657e), as so redesignated—</text> <clause id="id56DEB249A2C14113A1369D0585B92641"><enum>(i)</enum><text>by striking <quote>section 34</quote> each place it appears and inserting <quote>section 33</quote>; and</text> </clause><clause id="idC99462A5D2E14EEBBDD26995BAFF1091"><enum>(ii)</enum><text>in subsection (c)(1), by striking section <quote>34(c)(1)(E)(ii)</quote> and inserting section <quote>33(c)(1)(E)(ii)</quote>;</text> </clause></subparagraph><subparagraph id="IDe77176cfd4224d08997d9a6620f3f8e6"><enum>(E)</enum><text>in section 36(d) (15 U.S.C. 657i(d)), as so redesignated, by striking <quote>section 43</quote> and inserting <quote>section 42</quote>;</text> </subparagraph><subparagraph id="ID11d22464d19b4aa3ad7c305538f9a1be"><enum>(F)</enum><text>in section 39(d) (15 U.S.C. 657l(d)), as so redesignated, by striking <quote>section 43</quote> and inserting <quote>section 42</quote>; and</text> </subparagraph><subparagraph id="ID454e16b206d34e7786354dd5c92f6760"><enum>(G)</enum><text>in section 40(b) (15 U.S.C. 657m(b)), as so redesignated, by striking <quote>section 43</quote> and inserting <quote>section 42</quote>.</text> </subparagraph></paragraph><paragraph id="id87AF614D1B8C45D794F29CB9A11D4F1E"><enum>(2)</enum><header>Title 10</header><text>Section 1142(b)(13) of title 10, United States Code, is amended by striking <quote>and the National Veterans Business Development Corporation</quote>.</text> </paragraph><paragraph id="id49946A2703574C65BD8DF28007E033C7"><enum>(3)</enum><header>Title 38</header><text>Section 3452(h) of title 38, United States Code, is amended by striking <quote>any of the</quote> and all that follows and inserting <quote>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).</quote>.</text> </paragraph><paragraph id="idC0721E745F16408798E1E43EB683536E"><enum>(4)</enum><header>Food, Conservation, and Energy Act of 2008</header><text>Section 12072(c)(2) of the Food, Conservation, and Energy Act of 2008 (15 U.S.C. 636g(c)(2)) is amended by striking <quote>section 43 of the Small Business Act, as added by this Act</quote> and inserting <quote>section 42 of the Small Business Act (15 U.S.C. 657o)</quote>.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id7990E0E143A44D92B3772E27065D844F"><enum>(5)</enum><header>Veterans Entrepreneurship and Small Business Development Act of 1999</header><text>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 <quote>In cooperation with the National Veterans Business Development Corporation, develop</quote> and inserting <quote>Develop</quote>.</text> </paragraph></subsection></section></subtitle><subtitle id="idFF64416294FF40B0B1C3F53CA5BBA189"><enum>E</enum><header>Expanding Women's Entrepreneurship</header> <section id="id5C72AC43BB2C4BF38E6A7CA8404A9B60"><enum>451.</enum><header>Definitions</header><text display-inline="no-display-inline">In this subtitle—</text> <paragraph id="idB068320456924A9E856B575EE5251F3A"><enum>(1)</enum><text>the terms <term>Administration</term> and <term>Administrator</term> mean the Small Business Administration and the Administrator thereof, respectively;</text> </paragraph><paragraph id="id4E491C1650734002932E5F21CDA07411"><enum>(2)</enum><text>the term <term>Task Force</term> means the National Women's High-Growth Business Bipartisan Task Force established under section 452; and</text> </paragraph><paragraph id="id51C74BED65F049519AB9321354D19CDB"><enum>(3)</enum><text>the term <term>small business concern owned and controlled by women</term> has the meaning given that term in section 3(n) of the Small Business Act (15 U.S.C. 632(n)).</text> </paragraph></section><section id="idC4EC6407FBF54EA9914BD320BD8017CA"><enum>452.</enum><header>National Women's High-Growth Business Bipartisan Task Force</header> <subsection id="idBD16B2BB044B4AF8952B66F019DA7B38"><enum>(a)</enum><header>Establishment</header><text>There is established the National Women’s High-Growth Business Bipartisan Task Force, which shall serve as an independent source of advice, research, and policy recommendations to—</text> <paragraph id="id65816EEA32F6472CA86EE51B1CC72C05"><enum>(1)</enum><text>the Administrator;</text> </paragraph><paragraph id="id550BDEE0BE264B1CAA897034712467F0"><enum>(2)</enum><text>the Assistant Administrator of the Office of Women's Business Ownership of the Administration;</text> </paragraph><paragraph id="id3AC84576B380473DBF5B31C7CBD4EBE4"><enum>(3)</enum><text>Congress;</text> </paragraph><paragraph id="idB2BEBC6002B94821978C1915C20DD363"><enum>(4)</enum><text>the President; and</text> </paragraph><paragraph id="id1EB1329F6F7641388B1631D35D0FAF48"><enum>(5)</enum><text>other Federal departments and agencies.</text> </paragraph></subsection><subsection id="id49639481025646278DE0586FC2EE6220"><enum>(b)</enum><header>Membership</header> <paragraph id="id952ABF79FB404099865DD32DAE34DF56"><enum>(1)</enum><header>Number of members</header><text>The Task Force shall be composed of 15 members, of which—</text> <subparagraph id="idDE7DBF6F25474B89A480D9BA9BB33988"><enum>(A)</enum><text>8 shall be individuals who own small business concerns owned and controlled by women, including not fewer than 2 individuals who own small business concerns owned and controlled by women in industries in which women are traditionally underrepresented;</text> </subparagraph><subparagraph id="idFCE87F2256344CE0BA12B6EBC853C481"><enum>(B)</enum><text>2 shall be individuals having expertise conducting research on women’s business, women’s entrepreneurship, new business development by women, and high-growth business development; and</text> </subparagraph><subparagraph id="id92215BDFD80B4CB3839FE5C8EB556B00"><enum>(C)</enum><text>5 shall be individuals who represent women’s business organizations, including women’s business centers and women’s business advocacy groups.</text> </subparagraph></paragraph><paragraph id="idE2EE519865C14D189EC12D8A98D4B179"><enum>(2)</enum><header>Appointment of members</header> <subparagraph id="id03A1AD9B6CBD4B039141E237C2E7D83B"><enum>(A)</enum><header>Owners of small business concerns owned and controlled by women</header><text>Of the members of the Task Force described in paragraph (1)(A)—</text> <clause id="id2EEF7F9AA0C341A0B2B551A72BF4864D"><enum>(i)</enum><text>2 shall be appointed by the Chairperson of the Committee on Small Business and Entrepreneurship of the Senate;</text> </clause><clause id="id0860F6F449764F9B9E538687A2E2AC2E"><enum>(ii)</enum><text>2 shall be appointed by the Ranking Member of the Committee on Small Business and Entrepreneurship of the Senate;</text> </clause><clause id="id2A397BDF96F745F4B05DBD8FBE37DDB3"><enum>(iii)</enum><text>2 shall be appointed by the Chairperson of the Committee on Small Business of the House of Representatives; and</text> </clause><clause id="id79B56D4339744F8591CDD2991F574D98"><enum>(iv)</enum><text>2 shall be appointed by the Ranking Member of the Committee on Small Business of the House of Representatives.</text> </clause></subparagraph><subparagraph id="id53F580DB91FE4147A9556C599CC56B04"><enum>(B)</enum><header>Other members</header><text>The members of the Task Force described in subparagraphs (B) and (C) of paragraph (1) shall be appointed by the Administrator.</text> </subparagraph><subparagraph id="idB861AF767D234E1EBC5AF5761F33E2D7"><enum>(C)</enum><header>Initial appointments</header><text>The individuals described in subparagraphs (A) and (B) shall appoint the initial members of the Task Force not later than 90 days after the date of enactment of this Act.</text> </subparagraph><subparagraph id="id1111DEC08ABF43ACA0F702F2C269730B"><enum>(D)</enum><header>Geographic considerations</header><text>In making an appointment under this paragraph, the individuals described in subparagraphs (A) and (B) shall give consideration to the geographic areas of the United States in which the members of the Task Force live and work, particularly to ensure that rural areas are represented on the Task Force.</text> </subparagraph><subparagraph id="id18BCCDC3B2B44A0D9EDC37974ADC78AF"><enum>(E)</enum><header>Political affiliation</header><text>Not more than 8 members of the Task Force may be members of the same political party.</text> </subparagraph></paragraph><paragraph id="idEEED5CD0FAC848A8B9D23FB6855AF078"><enum>(3)</enum><header>Chairperson</header> <subparagraph id="id4D056680C499475790D2310D20D2D8DA"><enum>(A)</enum><header>Election of chairperson</header><text>The members of the Task Force shall elect 1 member of the Task Force as Chairperson of the Task Force.</text> </subparagraph><subparagraph id="idBDAEB6D00CF543798556DCE3C3B2DB1B"><enum>(B)</enum><header>Vacancies</header><text>Any vacancy in the position of Chairperson of the Task Force shall be filled by the Task Force at the first meeting of the Task Force after the date on which the vacancy occurs.</text> </subparagraph></paragraph><paragraph id="id04AC19D25E09416C9B74AB586B10ED42"><enum>(4)</enum><header>Term of service</header> <subparagraph id="idEC62FB87ED9F49F1B9AADB9A388CA25A"><enum>(A)</enum><header>In general</header><text>Except as provided in subparagraph (B), the term of service of each member of the Task Force shall be 3 years.</text> </subparagraph><subparagraph id="idE981EE1F7832421A9862AB45F587A88B"><enum>(B)</enum><header>Terms of initial appointees</header><text>Of the members of the Task Force first appointed after the date of enactment of this Act—</text> <clause id="id0BC50CDB04CF4171BC76F8CCE29807F0"><enum>(i)</enum><text>6 shall be appointed for a term of 4 years, including—</text> <subclause id="id12AA214E1CC1444DB6E6913EE6626552"><enum>(I)</enum><text>1 member appointed by the individuals described in each of clauses (i), (ii), (iii), and (iv) of paragraph (2)(A); and</text> </subclause><subclause id="idE1DD53B33EF64A7C86AEED482FA2D498"><enum>(II)</enum><text>2 members appointed by the Administrator; and</text> </subclause></clause><clause id="idEE419B4A67FB4766843F4996809E19D9"><enum>(ii)</enum><text>5 shall be appointed for a term of 5 years, including—</text> <subclause id="id1B35D1C3066342F4B18B8FC163B795D5"><enum>(I)</enum><text>1 member appointed by the individuals described in each of clauses (i), (ii), (iii), and (iv) of paragraph (2)(A); and</text> </subclause><subclause id="id77479D83A6FB4715A6100B0457425B27"><enum>(II)</enum><text>1 member appointed by the Administrator.</text> </subclause></clause></subparagraph></paragraph><paragraph id="id0A64E7AD9DF94965871482205A3AE816"><enum>(5)</enum><header>Vacancies</header><text>A vacancy on the Task Force shall be filled not later than 30 days after the date on which the vacancy occurs, in the manner in which the original appointment was made, and shall be subject to any conditions that applied to the original appointment. An individual chosen to fill a vacancy shall be appointed for the unexpired term of the member replaced.</text> </paragraph><paragraph id="id0DD0D146982B48D6AD4833AA237CAB4A"><enum>(6)</enum><header>Prohibition on Federal employment</header> <subparagraph id="id5ACF6FEFB99940969F7C20E97BA38783"><enum>(A)</enum><header>In general</header><text>Except as provided in subparagraph (B), no member of the Task Force may serve as an officer or employee of the United States.</text> </subparagraph><subparagraph id="id9ABA5E64F3814882BBB7DE2DABA302F5"><enum>(B)</enum><header>Exception</header><text>A member of the Task Force who accepts a position as an officer or employee of the United States after appointment to the Task Force may continue to serve on the Task Force for not more than 30 days after the date of such acceptance.</text> </subparagraph></paragraph><paragraph id="id50834386590C41F38388754CF01F3042"><enum>(7)</enum><header>Compensation and expenses</header> <subparagraph id="idC51FDBE96FBB43C9AE5D558E00CEAF8C"><enum>(A)</enum><header>No compensation</header><text>Each member of the Task Force shall serve without compensation.</text> </subparagraph><subparagraph id="id2289ADD3992C4F0794F03C60CC0A64D1"><enum>(B)</enum><header>Expenses</header><text>The Administrator shall reimburse the members of the Task Force for travel and subsistence expenses in accordance with section 5703 of title 5, United States Code.</text> </subparagraph></paragraph></subsection><subsection id="idC8023B03894D4F8B8BDD14A9F8F336B3"><enum>(c)</enum><header>Duties</header><text>The Task Force shall—</text> <paragraph id="id68E9CE442C7D4CCF97F4291E7D12D394"><enum>(1)</enum><text>review and monitor plans and programs developed in the public and private sectors that affect the ability of small business concerns owned and controlled by women to obtain capital and credit and to access markets, and provide advice on improving coordination between such plans and programs;</text> </paragraph><paragraph id="id92D6CA817E2A4D6598AA773807993BFE"><enum>(2)</enum><text>monitor and promote the plans, programs, and operations of the Federal departments and agencies that contribute to the formation and development of small business concerns owned and controlled by women, and make recommendations to Federal departments and agencies concerning the coordination of such plans, programs, and operations;</text> </paragraph><paragraph id="idA1F0D32F9EEE40BAAFAC94931DBA6EDB"><enum>(3)</enum><text>develop and promote initiatives, policies, programs, and plans designed to encourage the formation of startups and high-growth small business concerns owned and controlled by women;</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idC01A8105B66A4DA683D5BC8FEBF7D40D"><enum>(4)</enum><text>advise the Administrator on the development and implementation of an annual comprehensive plan for joint efforts by the public and private sectors to facilitate the formation and development of startups and high-growth small business concerns owned and controlled by women; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id92F24484FD744074BE367892C2C18EF5"><enum>(5)</enum><text>examine the link between women who own small business concerns and intellectual property, including—</text> <subparagraph commented="no" display-inline="no-display-inline" id="idA73D150893D84C1BA3416D509B4D6825"><enum>(A)</enum><text>the number of patents, trademarks, and copyrights granted to women; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id3B4677D0FD6D42A5A5220BFDAD2EB395"><enum>(B)</enum><text>the challenges faced by high-growth small business concerns owned and controlled by women in obtaining and enforcing intellectual property rights.</text> </subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idB1768E1F707B4C05B0825F5D3FBE2386"><enum>(d)</enum><header>Powers</header> <paragraph commented="no" display-inline="no-display-inline" id="id71B5972132FE4C4FAEC913C8E5ED458D"><enum>(1)</enum><header>Hearings</header><text>The Task Force may hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Task Force considers advisable to carry out its duties.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idDE1E1D5FFD7845A4B59AEE68B5789D1A"><enum>(2)</enum><header>Task groups</header><text>The Task Force may, from time to time, establish temporary task groups, as necessary to carry out the duties of the Task Force.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idA90E7531915542EFA7E58B6FB48A072A"><enum>(3)</enum><header>Information from Federal agencies</header><text>Upon request of the Chairperson of the Task Force, the head of any Federal department or agency shall furnish such information to the Task Force as the Task Force considers necessary to carry out its duties.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id70AA258F3C204B238F7DAFB56240CDC7"><enum>(4)</enum><header>Use of mails</header><text>The Task Force may use the United States mails in the same manner and under the same conditions as Federal departments and agencies.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id22CA822846F449E4B71B5BFFD1ED91BD"><enum>(5)</enum><header>Gifts</header><text>The Task Force may accept, use, and dispose of gifts or donations of services or property.</text> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idCA6F53F9E50841289DE6C90030C82487"><enum>(e)</enum><header>Meetings</header> <paragraph commented="no" display-inline="no-display-inline" id="idA3564EE595DE4F54AED9A29F999008D0"><enum>(1)</enum><header>In general</header><text>The Task Force shall meet—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id65757816B726497EB31DA635E8831B7A"><enum>(A)</enum><text>not less than 3 times each year;</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id29CD50A0B4114F98BBEA1ECCBFF26F4F"><enum>(B)</enum><text>at the call of the Chairperson; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idC69C2A2DD31F4208B461D07D131AF6D0"><enum>(C)</enum><text>upon the request of—</text> <clause commented="no" display-inline="no-display-inline" id="id8CCCE6612685420B9F6590B13252FBFC"><enum>(i)</enum><text>the Administrator;</text> </clause><clause commented="no" display-inline="no-display-inline" id="idF3A44B12DC9F4446A6EA41EE7BB67564"><enum>(ii)</enum><text>the Chairperson and Ranking Member of the Committee on Small Business and Entrepreneurship of the Senate; or</text> </clause><clause commented="no" display-inline="no-display-inline" id="idCF1AEAD0753E4299B80B0C9964295990"><enum>(iii)</enum><text>the Chairperson and Ranking Member of the Committee on Small Business of the House of Representatives.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id4EE7CC508A6849DF8C55C1D80B1477F7"><enum>(2)</enum><header>Participation of Federal agencies</header> <subparagraph commented="no" display-inline="no-display-inline" id="idB8668C5C15E24C858FC7DD856CACDCF0"><enum>(A)</enum><header>Participation encouraged</header><text>The Task Force shall allow and encourage participation in meetings by representatives from Federal agencies.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id2A10776436BB411FADACD4359F664FE6"><enum>(B)</enum><header>Functions of representatives of Federal agencies</header><text>A representative from a Federal agency—</text> <clause commented="no" display-inline="no-display-inline" id="id726E8B43960E489E81C33886A9ED5766"><enum>(i)</enum><text>may be used as a resource; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id85AB45B0F895495D805ACEA562B860A9"><enum>(ii)</enum><text>may not vote or otherwise act as a member of the Task Force.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idFDEAA07332844004B72ACB55F0AAE70B"><enum>(3)</enum><header>Location</header><text>Each meeting of the full Task Force shall be held at the headquarters of the Administration, unless, not later than 1 month before the meeting, a majority of the members of the Task Force agree to meet at another location.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id740755B86FB041A89DD1D656E2299FF1"><enum>(4)</enum><header>Support by Administrator</header><text>The Administrator shall provide suitable meeting facilities and such administrative support as may be necessary for each full meeting of the Task Force.</text> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idBA03D917ED25400E9E7A50A3F1F4FF33"><enum>(f)</enum><header>Reports</header> <paragraph commented="no" display-inline="no-display-inline" id="id8D7AD35411434ADBAAD6830255E427A5"><enum>(1)</enum><header>Reports by Task Force</header> <subparagraph commented="no" display-inline="no-display-inline" id="idCF43285192474109912E35D0AC649773"><enum>(A)</enum><header>Reports required</header><text>Not later than 30 days after the end of each fiscal year, the Task Force shall submit to the President and to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives, a report containing—</text> <clause commented="no" display-inline="no-display-inline" id="id2974906881C2472386A96B47726D7289"><enum>(i)</enum><text>a detailed description of the activities of the Task Force, including a report on how the Task Force has carried out the duties described in subsection (c);</text> </clause><clause commented="no" display-inline="no-display-inline" id="id5A6F6ADC43ED419D8976B88EEFBC5070"><enum>(ii)</enum><text>the findings and recommendations of the Task Force; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idB888891716FF4C8183DDB7CFF41698F4"><enum>(iii)</enum><text>the recommendations of the Task Force for—</text> <subclause commented="no" display-inline="no-display-inline" id="idC6B883D61FEC413586B058768F6B0482"><enum>(I)</enum><text>promoting intellectual property rights for high-growth small business concerns owned and controlled by women; and</text> </subclause><subclause commented="no" display-inline="no-display-inline" id="id1FCDB74D1291417FA8CE5462BC0A544E"><enum>(II)</enum><text>such legislative and administrative actions as the Task Force considers appropriate to promote the formation and development of small business concerns owned and controlled by women.</text> </subclause></clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id28EA4CA1A038464BAB7E2469BE9E6467"><enum>(B)</enum><header>Form of reports</header><text>The report required under subparagraph (A) shall include—</text> <clause commented="no" display-inline="no-display-inline" id="id35F1F7A43BB14846AB727F5CBBCAD151"><enum>(i)</enum><text>any concurring or dissenting views of the Administrator; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id550719F5446545CE9573C26BC919EBCD"><enum>(ii)</enum><text>the minutes of each meeting of the Task Force.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idB85A329F56654826A7B388C5819EBA7F"><enum>(2)</enum><header>Reports by Chief Counsel for Advocacy</header> <subparagraph commented="no" display-inline="no-display-inline" id="idD1F3069CBFF7451AB726AA3715EDE5A0"><enum>(A)</enum><header>Studies</header> <clause commented="no" display-inline="no-display-inline" id="idBF7A4ED590D243C58FA12AA9CFA3F4AE"><enum>(i)</enum><header>In general</header><text>Not less frequently than twice each year, the Chief Counsel for Advocacy of the Small Business Administration, in consultation with the Task Force, shall conduct a study of an issue that is important to small business concerns owned and controlled by women.</text> </clause><clause commented="no" display-inline="no-display-inline" id="id8C385F334EAC4DB78A8DF3B1C656883B"><enum>(ii)</enum><header>Topics</header><text>The topic of a study under clause (i) shall—</text> <subclause commented="no" display-inline="no-display-inline" id="idCB7FBAEAF6C34AA28F9C1F09CBB4EB09"><enum>(I)</enum><text>be an issue that the Task Force determines is critical to furthering the interests of small business concerns owned and controlled by women; and</text> </subclause><subclause commented="no" display-inline="no-display-inline" id="idD17F359756AD46C5B75F8D9CEC85C5E6"><enum>(II)</enum><text>relate to—</text> <item commented="no" display-inline="no-display-inline" id="idC196ED76464A4E2CA455E7AFF1E4569D"><enum>(aa)</enum><text>Federal prime contracts and subcontracts awarded to small business concerns owned and controlled by women;</text> </item><item commented="no" display-inline="no-display-inline" id="idBDE9726DE11343C0A413D58D611DC7F3"><enum>(bb)</enum><text>access to credit and investment capital by women entrepreneurs;</text> </item><item commented="no" display-inline="no-display-inline" id="id456899AEA00946E7BDE8ACE7C7316D6B"><enum>(cc)</enum><text>acquiring and enforcing intellectual property rights; or</text> </item><item commented="no" display-inline="no-display-inline" id="id0F72B3527824461EB01A1E2DF55EE4D3"><enum>(dd)</enum><text>any other issue relating to small business concerns owned and controlled by women that the Task Force determines is appropriate.</text> </item></subclause></clause><clause commented="no" display-inline="no-display-inline" id="id46DE17FF56C74417B28540244BFFC0CA"><enum>(iii)</enum><header>Contracting</header><text>In conducting a study under this subparagraph, the Chief Counsel may contract with a public or private entity.</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id633DDC3CE9A64EEC9C57B76B425879FC"><enum>(B)</enum><header>Report</header><text>The Chief Counsel for Advocacy shall—</text> <clause commented="no" display-inline="no-display-inline" id="idD3215433C0ED4552B4E50ECC224BA8A9"><enum>(i)</enum><text>submit a report containing the results of each study under subparagraph (A) to the Task Force, the Committee on Small Business and Entrepreneurship of the Senate, and the Committee on Small Business of the House of Representatives; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id36A390D1C9D945929B576A7BE16780FE"><enum>(ii)</enum><text>make each report submitted under clause (i) available to the public online.</text> </clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idB4994E4D60054517B8C7421EF45BCF9D"><enum>(g)</enum><header>Federal Advisory Committee Act</header><text>Section 14 of the Federal Advisory Committee Act (5 U.S.C. App.) shall not apply to the Task Force.</text> </subsection></section><section commented="no" display-inline="no-display-inline" id="id484F469C54604A57A59C686FDB7C7A62"><enum>453.</enum><header>Repeal</header> <subsection commented="no" display-inline="no-display-inline" id="id26BDFFD6C3EC437A8F28330BFB1075EE"><enum>(a)</enum><header>Final reports</header><text>Not later than 90 days after the date of enactment of this Act—</text> <paragraph commented="no" display-inline="no-display-inline" id="id9D96DFBF2F3C4728A24D87C7063452ED"><enum>(1)</enum><text>the Interagency Committee on Women's Business Enterprise shall submit to the President and the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report containing the information described in paragraphs (1), (2), and (3) of section 404 of the Women's Business Ownership Act of 1988 (15 U.S.C. 7104), as in effect on the day before the date of enactment of this Act; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id09015628ADB9401796CD8C5CBA8784A0"><enum>(2)</enum><text>the National Women's Business Council shall submit to the President and the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report containing the information described in subparagraphs (A), (B), and (C) of section 406(d)(6) of the Women's Business Ownership Act of 1988 (15 U.S.C. 7106), as in effect on the day before the date of enactment of this Act.</text> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idD1FE3C772D0C4193B9E9400904ECB816"><enum>(b)</enum><header>Repeal</header><text>The Women's Business Ownership Act of 1988 (15 U.S.C. 631 note) is amended by striking title IV (15 U.S.C. 7101 et seq.).</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="id0AEF70B515C44142A6BDC59DD7315CC4"><enum>(c)</enum><header>Technical and conforming amendments</header><text>The Small Business Act (15 U.S.C. 631 et seq.) is amended—</text> <paragraph commented="no" display-inline="no-display-inline" id="idF25796374BBE4F1098C5C8905F656F9E"><enum>(1)</enum><text>in section 8(b)(1)(G) (15 U.S.C. 637(b)(1)(G)), by striking <quote>and to carry out the activities authorized by title IV of the Women's Business Ownership Act of 1988</quote>; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idFB5B0C887EB2464CA7279DB0032F04BF"><enum>(2)</enum><text>in section 29(g) (15 U.S.C. 656(g))—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id58477E905D2A43AEBB4B97FD83EAEC29"><enum>(A)</enum><text>in paragraph (1), by striking <quote>women's business enterprises (as defined in section 408 of the Women's Business Ownership Act of 1988 (15 U.S.C. 631 note))</quote> and inserting <quote>small business concerns owned and controlled by women</quote>; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id4BCB957FAC1342EC9B84DAD1462390B2"><enum>(B)</enum><text>in paragraph (2)(B)(ii)—</text> <clause commented="no" display-inline="no-display-inline" id="idACB3CB13CE304F34B574893F4175B750"><enum>(i)</enum><text>in subclause (VI), by adding <quote>and</quote> at the end;</text> </clause><clause commented="no" display-inline="no-display-inline" id="id141D549C5E9449F1BAF2F43DCD74D841"><enum>(ii)</enum><text>in subclause (VII), by striking the semicolon at the end and inserting a period; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id26F5D3C96D1D44C0B2810F3B43C3DDA7"><enum>(iii)</enum><text>by striking subclauses (VIII), (IX), and (X).</text> </clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id03EB33F2AF0545B19C3F988674B746A4"><enum>(d)</enum><header>Effective date</header><text>The amendments made by subsections (b) and (c) shall take effect 90 days after the date of enactment of this Act.</text> </subsection></section></subtitle><subtitle id="id1E2AF10601B646ECA6F994A58EB76D7F"><enum>F</enum><header>Improving Mentoring for Entrepreneurs</header> <section id="idC2DA9F1634B84C45B624418A092F26ED"><enum>461.</enum><header>Definitions</header><text display-inline="no-display-inline">In this subtitle—</text> <paragraph id="id4BC04840CB434F6BA8FADE80E459AC85"><enum>(1)</enum><text display-inline="yes-display-inline">the terms <term>Administration</term> and <term>Administrator</term> mean the Small Business Administration and the Administrator thereof, respectively;</text> </paragraph><paragraph id="id4E88330AACB84BA981B0054CAD2FC921"><enum>(2)</enum><text>the term <term>SCORE</term> means the Service Corps of Retired Executives established under section 8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1));</text> </paragraph><paragraph id="id7464F7FD86064BE289552355430BA5F3"><enum>(3)</enum><text>the term <term>SCORE Advisory Board</term> means the SCORE Advisory Board established under section 462 of this Act;</text> </paragraph><paragraph id="id81E9E139B7AA4D05BE1BFD196D31CF19"><enum>(4)</enum><text>the term <term>SCORE chapter</term> means a chapter of the Service Corps of Retired Executives; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idBA337D65E2574B848E48B7388A37D01B"><enum>(5)</enum><text>the term <term>small business concern</term> has the meaning given that term under section 3 of the Small Business Act (15 U.S.C. 632).</text> </paragraph></section><section id="IDCA51A5031111442A88715C31794A9B28"><enum>462.</enum><header>Establishment of Advisory Board</header> <subsection id="ID9094F1A9C08E470F98EFD4A6441E648B"><enum>(a)</enum><header>Establishment</header><text>There is established the SCORE Advisory Board.</text> </subsection><subsection id="IDE532E66A39BA47A4B3C6C106FE7AFC3E"><enum>(b)</enum><header>Membership</header> <paragraph id="ID98E88B9CDDD64A25924F418989203619"><enum>(1)</enum><header>Composition</header><text>The SCORE Advisory Board shall be composed of 6 members, who shall be appointed from among individuals having outstanding qualifications and known to be familiar with and sympathetic to the needs and problems of small business concerns.</text> </paragraph><paragraph id="id744EF633D2C24017AA66F6C3B23A6515"><enum>(2)</enum><header>Limitations</header><text>Of the individuals appointed under paragraph (1)—</text> <subparagraph id="id89C4A8C5772F411EBC616D778056FC3B"><enum>(A)</enum><text>not more than 3 may be members of a SCORE chapter; and</text> </subparagraph><subparagraph id="id1C1076F2B546460887A2FE1CBF237662"><enum>(B)</enum><text>3 shall be owners or employees of small business concerns or members of an association that represents small business concerns.</text> </subparagraph></paragraph><paragraph id="ID4217AF69D0CB4807A61C9A1A978EFD7C"><enum>(3)</enum><header>Prohibition</header><text>The members of the SCORE Advisory Board may not be employees of the Federal Government.</text> </paragraph><paragraph commented="no" id="ID4F911B8DB59248E29F059E5131713461"><enum>(4)</enum><header>Date</header><text>The appointments of the members of the SCORE Advisory Board shall be made not later than 90 days after the date of enactment of this Act.</text> </paragraph></subsection><subsection id="ID9D5EBC32A06E4DD2AD34FAF74C8D025A"><enum>(c)</enum><header>Terms</header> <paragraph id="idD3A09390612540049DF91D3CA4F091CA"><enum>(1)</enum><header>In general</header><text>Except as provided in paragraph (2), a member of the SCORE Advisory Board shall be appointed for a term of 3 years.</text> </paragraph><paragraph id="idA2864B316D79436ABE3466758EC2A70F"><enum>(2)</enum><header>First members</header><text>Of the members first appointed to the SCORE Advisory Board—</text> <subparagraph id="ID73F965CF6C95477994F65DBE6B20F4A5"><enum>(A)</enum><text>2 shall be appointed for a term of 4 years, of whom 1 shall be a member described in subsection (b)(2)(A) and 1 shall be a member described in subsection (b)(2)(B);</text> </subparagraph><subparagraph id="IDB9FA1B70EB0B463584E8A7796D9CD278"><enum>(B)</enum><text>2 shall be appointed for a term of 3 years, of whom 1 shall be a member described in subsection (b)(2)(A) and 1 shall be a member described in subsection (b)(2)(B); and</text> </subparagraph><subparagraph id="ID8A2AF533E6414911A83FC6A79B90BEC9"><enum>(C)</enum><text>2 shall be appointed for a term of 2 years, of whom 1 shall be a member described in subsection (b)(2)(A) and 1 shall be a member described in subsection (b)(2)(B).</text> </subparagraph></paragraph></subsection><subsection id="ID25DA34B68BA54CB1BEFE4A40AFF5F8FD"><enum>(d)</enum><header>Vacancies</header> <paragraph id="IDC5A15D7DC0124B7FA613EC881645F7CE"><enum>(1)</enum><header>In general</header><text>A vacancy on the SCORE Advisory Board shall be filled in the manner in which the original appointment was made and shall be subject to any conditions which applied with respect to the original appointment.</text> </paragraph><paragraph id="IDBA415A58E29D469982D18D070173F48D"><enum>(2)</enum><header>Filling unexpired term</header><text>An individual chosen to fill a vacancy shall be appointed for the unexpired term of the member replaced.</text> </paragraph></subsection><subsection commented="no" id="ID713A12DE7D79416DBEBDD4057F256299"><enum>(e)</enum><header>Initial meeting</header><text>Not later than 60 days after the date on which all members of the SCORE Advisory Board have been appointed, the SCORE Advisory Board shall hold its first meeting.</text> </subsection><subsection id="ID67F067576FFC463A842A5F7DA6A093C8"><enum>(f)</enum><header>Meetings</header><text>The SCORE Advisory Board shall meet—</text> <paragraph id="id567254C44450438C8D348C6AFBD597F4"><enum>(1)</enum><text>not less frequently than semiannually; and</text> </paragraph><paragraph id="id758468442F134DA28D42F155FD806B14"><enum>(2)</enum><text>at the call of the Chairman.</text> </paragraph></subsection><subsection commented="no" id="ID7A3C368FA83449AD90220C7B181165BB"><enum>(g)</enum><header>Quorum</header><text>A majority of the members of the SCORE Advisory Board shall constitute a quorum, but a lesser number of members may hold hearings.</text> </subsection><subsection id="ID79CF96D103FD4274ADF268D788E44827"><enum>(h)</enum><header>Chairman</header><text>The SCORE Advisory Board shall select a Chairman from among its members.</text> </subsection></section><section id="ID1BEFE42505154C978032F979F250D7A9"><enum>463.</enum><header>Duties of the SCORE Advisory Board</header> <subsection id="idD0A619ED6ACE44928A43921D63923F85"><enum>(a)</enum><header>Duties</header><text>The SCORE Advisory Board shall—</text> <paragraph id="id346B9DA54B034CE5B4ED82ACD03EAAC3"><enum>(1)</enum><text>review and monitor plans and programs developed in the public and private sector which affect SCORE chapters;</text> </paragraph><paragraph id="idE7565435B4AF44229D66DE8CEA1B8819"><enum>(2)</enum><text>provide advice on improving coordination between plans and programs described in paragraph (1);</text> </paragraph><paragraph id="id62368998F2BB4DCD8CEB633E4FCB4C53"><enum>(3)</enum><text>advise SCORE chapters on the use of Federal funds allocated to SCORE;</text> </paragraph><paragraph id="id5E26E19B1EA84094860D4D139E474CD6"><enum>(4)</enum><text>develop and promote initiatives, policies, programs, and plans designed to assist with the mentoring services offered by SCORE chapters throughout the United States; and</text> </paragraph><paragraph id="idA718D859135545778B97CFC0F97FE626"><enum>(5)</enum><text>advise the Administrator on the development and implementation of an annual comprehensive plan under subsection (b).</text> </paragraph></subsection><subsection id="ID5ACA7C0C1D834A10AC71A79903A1D294"><enum>(b)</enum><header>Development of plan</header><text>The Administrator shall develop and implement an annual comprehensive plan for joint efforts by the public and private sectors to facilitate the formation and development of mentoring by SCORE volunteers.</text> </subsection><subsection id="id43289E3D0D4E44FDB2E63FA35121BD31"><enum>(c)</enum><header>Annual report</header><text>Not later than 30 days after the end of each fiscal year, the SCORE Advisory Board shall submit to the President, the Committee on Small Business and Entrepreneurship of the Senate, and the Committee on Small Business of the House of Representatives a report that contains—</text> <paragraph id="id6538D1EE4BD94C728E62463F5F4A3EEC"><enum>(1)</enum><text>the minutes of each meeting of the SCORE Advisory Board during the fiscal year to which the report relates;</text> </paragraph><paragraph id="id77AB3A1286C24C438C8A96F04507F1B3"><enum>(2)</enum><text>a detailed description of the activities of the SCORE Advisory Board during the fiscal year to which the report relates, including how the SCORE Advisory Board carried out the duties described in subsection (a);</text> </paragraph><paragraph id="id5DE1D54DD0E24275B0BF6C19267A02D0"><enum>(3)</enum><text>recommendations for promoting SCORE chapters and mentoring services; and</text> </paragraph><paragraph id="idB3912894A5A041218972221AB74BADF3"><enum>(4)</enum><text>any concurring or dissenting views of the Administrator.</text> </paragraph></subsection></section><section id="IDBF35816E08534CFC835DB84FCD77111A"><enum>464.</enum><header>Powers of the SCORE Advisory Board</header> <subsection id="ID78DA905C4EAE49B0AF74CB57183B6E1A"><enum>(a)</enum><header>Hearings</header><text>The SCORE Advisory Board may hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the SCORE Advisory Board considers advisable to carry out this subtitle.</text> </subsection><subsection id="id600CEC696FE64055B120EC0983C34119"><enum>(b)</enum><header>Task groups</header><text>The SCORE Advisory Board may establish a temporary task group to carry out any duty of the SCORE Advisory Board described in section 463 of this Act.</text> </subsection><subsection id="ID575D757C021D4B048F3625D80002BDAA"><enum>(c)</enum><header>Information from federal agencies</header><text>The SCORE Advisory Board may secure directly from any Federal department or agency such information as the SCORE Advisory Board considers necessary to carry out this Act. Upon request of the Chairman of the SCORE Advisory Board, the head of such department or agency shall furnish such information to the SCORE Advisory Board.</text> </subsection><subsection id="ID697F1CDBA8724CB4AD225E5D97B10BD6"><enum>(d)</enum><header>Postal services</header><text>The SCORE Advisory Board may use the United States mails in the same manner and under the same conditions as other departments and agencies of the Federal Government.</text> </subsection><subsection id="IDCC4D9C4DC9ED4F319C2D4949548B9F15"><enum>(e)</enum><header>Gifts</header><text>The SCORE Advisory Board may accept, use, and dispose of gifts or donations of services or property.</text> </subsection></section><section id="ID5B2226B82D614F6AA60C08533C1FED30"><enum>465.</enum><header>SCORE Advisory Board personnel matters</header> <subsection id="IDF9E4CF3EA6AC4F01B81923D97C022F5A"><enum>(a)</enum><header>Compensation</header><text>Members of the SCORE Advisory Board shall not be compensated for services performed on behalf of the SCORE Advisory Board.</text> </subsection><subsection id="ID8AB9CAB7544542CBBCD32562861B7980"><enum>(b)</enum><header>Travel expenses</header><text>The members of the SCORE Advisory Board shall be allowed travel expenses, including per diem in lieu of subsistence, at rates authorized for employees of agencies under subchapter I of chapter 57 of title 5, United States Code, while away from their homes or regular places of business in the performance of services for the SCORE Advisory Board.</text> </subsection><subsection commented="no" id="IDA9D71553FE6B470ABBF61FBF5DCE8D94"><enum>(c)</enum><header>Detail of government employees</header><text>Any Federal Government employee may be detailed to the SCORE Advisory Board without reimbursement, and such detail shall be without interruption or loss of civil service status or privilege.</text> </subsection></section><section id="ID8E18677BEB06432BA5DE4BCFA806C638"><enum>466.</enum><header>Inapplicability of the Federal Advisory Committee Act to the SCORE Advisory Board</header><text display-inline="no-display-inline">Section 14 of the Federal Advisory Committee Act (5 U.S.C. App.) shall not apply with respect to the SCORE Advisory Board.</text> </section><section commented="no" display-inline="no-display-inline" id="id80BD56C83CDA4182B40B092E518089A7"><enum>467.</enum><header>Funding</header><text display-inline="no-display-inline">The expenses of the SCORE Advisory Board, including expenses relating to personnel, as described in section 465, shall be paid by SCORE, from amounts made available to SCORE to carry out section 8(b)(1)(B) of the Small Business Act (15 U.S.C. 637(b)(1)(B)).</text> </section><section id="id9CDF9648D90E4132B4D5AAB9B4BEE87E"><enum>468.</enum><header>Reauthorization</header><text display-inline="no-display-inline">Section 20 of the Small Business Act (15 U.S.C. 631 note) is amended—</text> <paragraph id="idb595de5c-db6c-41a1-aaf7-d9d69cd46b22"><enum>(1)</enum><text>by redesignating subsection (j) as subsection (f); and</text> </paragraph><paragraph id="id2f37a73e-62fb-41a8-90a2-f529f161e9a4"><enum>(2)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id154210ADDF414F4BBA1F28F46EBCE66D" style="OLC"> <subsection id="idc9ddd1c0-e506-4713-bd5d-e357479cc117"><enum>(g)</enum><header>SCORE program</header><text>The Administrator may make grants and enter into cooperative agreements to carry out the SCORE program authorized by section 8(b)(1) in a total amount that does not exceed $7,000,000 for each of fiscal years 2013, 2014, and 2015.</text> </subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section id="id39AE132262F0495DBFAB6C4D9BCB1B7F"><enum>469.</enum><header>Chief executive officer of SCORE</header> <subsection id="idE345B7D0EC4B446A9F2D6E29C797B5C9"><enum>(a)</enum><header>Limitation on amount of salary</header><text>The rate of basic pay of the chief executive officer of SCORE may not exceed the maximum rate of basic pay established under section 5382 of title 5, United States Code, for a position in the Senior Executive Service.</text> </subsection><subsection id="idE77BCD77D7BF4D53981F3ED605166EEA"><enum>(b)</enum><header>Federal share of salary</header><text>For any year during which the chief executive officer of SCORE serves in a leadership capacity on a foundation affiliated with SCORE, the Federal share of the basic pay of the chief executive officer of SCORE may not exceed 80 percent.</text> </subsection></section><section id="id6F46A98D05404FC59E130F1347F6196A"><enum>470.</enum><header>Allocation committee</header> <subsection id="id3D0E8C3AD893407983016E156B3F5951"><enum>(a)</enum><header>Establishment</header><text display-inline="yes-display-inline">SCORE shall establish a committee to determine the amount allocated each year to each SCORE chapter.</text> </subsection><subsection id="id0E1E25548F2F40C4A920ACEDAF53AB4C"><enum>(b)</enum><header>Members</header><text>The members of the committee established under subsection (a) shall include—</text> <paragraph id="id8BEE718AE8D2439CA54B8769EBE6F235"><enum>(1)</enum><text>1 member of the staff of SCORE who is not the chief executive officer of SCORE; and</text> </paragraph><paragraph id="id59BBADFD87964697A78419F292BF4168"><enum>(2)</enum><text>not fewer than 4 members of the SCORE Advisory Board.</text> </paragraph></subsection></section><section id="id361DFF0F35E44D939A81540F915CD59C"><enum>471.</enum><header>Allocation of amounts</header><text display-inline="no-display-inline">SCORE shall establish a method for allocating amounts received by SCORE from the Federal Government, which shall—</text> <paragraph id="idDD2CF8ED9E604BE0ADB36B2184F6F41B"><enum>(1)</enum><text>ensure that not less than 50 percent of the amounts are allocated to SCORE chapters; and</text> </paragraph><paragraph id="idCF420330F96A461FB353603BEDCEE6F7"><enum>(2)</enum><text>be subject to the approval of the Administrator and the committee established under section 203.</text> </paragraph></section><section id="id97A4D85EE5ED40038AF7B15874444A71"><enum>472.</enum><header>GAO study and report</header> <subsection id="idE7F68B27E2FB4975BDDCA44A812F361A"><enum>(a)</enum><header>Study</header><text>The Comptroller General of the United States shall conduct a study of the technology activities of SCORE that includes an examination of each expenditure by SCORE for technology activities and the result of each such expenditure.</text> </subsection><subsection id="idABBDC9858ADB46C98B3C7223259483D2"><enum>(b)</enum><header>Report</header><text>Not later than 1 year after the date of enactment of this Act, the Comptroller General shall submit to Congress and the Administrator a report that contains—</text> <paragraph id="id7BC2AC8D48BA43EE939E2B46791019E6"><enum>(1)</enum><text>a detailed description of the amounts SCORE has expended for technology activities, including how SCORE expended Federal funds to carry out and sustain technology initiatives during the 4-year period ending on the date of enactment of this Act;</text> </paragraph><paragraph id="id34B951982A6F4C86BF4411733C8DF377"><enum>(2)</enum><text>a determination of whether SCORE has expended Federal funds efficiently and effectively to carry out technology activities;</text> </paragraph><paragraph id="id3DCDA77CF88E4F70BAE87D8355056064"><enum>(3)</enum><text>an evaluation of—</text> <subparagraph id="id77DADFF1F0784C1A82C2F8CCAE3DA9D7"><enum>(A)</enum><text>how well SCORE has met objectives relating to technology spending; and</text> </subparagraph><subparagraph id="id53BC89DBA4244F66B47758D39A30BEDF"><enum>(B)</enum><text>the policy that resulted in the establishment of objectives relating to technology spending; and</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id24D41EEE4C39402B84170C25740BE4A2"><enum>(4)</enum><text>recommendations for actions by SCORE to achieve objectives relating to technology spending while safeguarding Federal funds.</text> </paragraph></subsection></section></subtitle><enum>V</enum><header>Access to Government Contracting</header> <subtitle id="id7F0D9DC693D244A08A9EE2217097467D"><enum>A</enum><header>Bonds</header> <section id="id4771EB32490C497EA255358E48C68991"><enum>511.</enum><header>Removal of sunset dates for certain provisions of the Small Business Investment Act of 1958</header> <subsection id="id0C86C78DA92247CB97CCA75ABC1F175F"><enum>(a)</enum><header>Maximum bond amount</header><text>Section 411(a)(1) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking <quote>does not exceed</quote> and all that follows and inserting <quote>does not exceed $5,000,000.</quote>.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="id02CF801C27514A8FACC1970250DE92C7"><enum>(b)</enum><header>Denial of liability</header><text>Section 411(e)(2) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(e)(2)) is amended by striking <quote>bonds exceeds</quote> and all that follows and inserting <quote>bonds exceeds $5,000,000,</quote>.</text> </subsection></section></subtitle><subtitle id="idD1A651B3582E46D0852AED559E481C42"><enum>B</enum><header>Small Business Contracting Fraud Prevention</header> <section id="idE91975E55C4C45CC8EF0DC2892BA46D8"><enum>521.</enum><header>Short title</header><text display-inline="no-display-inline">This subtitle may be cited as the <quote><short-title>Small Business Contracting Fraud Prevention Act of 2012</short-title></quote>.</text> </section><section commented="no" display-inline="no-display-inline" id="id5E03C93D3F784417B0F05E904D942864" section-type="subsequent-section"><enum>522.</enum><header display-inline="yes-display-inline">Definitions</header><text display-inline="no-display-inline">In this subtitle—</text> <paragraph commented="no" display-inline="no-display-inline" id="id9CF6532AF4DF4651A034942B2DD4EDA9"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>8(a) program</term> means the program under section 8(a) of the Small Business Act (15 U.S.C. 637(a));</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idA62D6F60C6D24CE4BFC9C9109BB25E16"><enum>(2)</enum><text display-inline="yes-display-inline">the terms <term>Administration</term> and <term>Administrator</term> mean the Small Business Administration and the Administrator thereof, respectively;</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id7C76DCF12E3B4D95AB227E29C5436552"><enum>(3)</enum><text display-inline="yes-display-inline">the terms <term>HUBZone</term> and <term>HUBZone small business concern</term> and <term>HUBZone map</term> 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</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id1DDA3EB3910643FCB38E39FA504C95D9"><enum>(4)</enum><text display-inline="yes-display-inline">the term <term>recertification</term> 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)).</text> </paragraph></section><section commented="no" display-inline="no-display-inline" id="id67D60D14D234426A91A26FC614440862" section-type="subsequent-section"><enum>523.</enum><header display-inline="yes-display-inline">Fraud deterrence at the Small Business Administration</header><text display-inline="no-display-inline">Section 16 of the Small Business Act (15 U.S.C. 645) is amended—</text> <paragraph commented="no" display-inline="no-display-inline" id="id4755867569D64D56866C70AF15DABC55"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (d)—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id7C5599D54BF840B296108F542D371B53"><enum>(A)</enum><text display-inline="yes-display-inline">in paragraph (1)—</text> <clause commented="no" display-inline="no-display-inline" id="idB7E376671C1546C7A5D42CC1892CB7E8"><enum>(i)</enum><text display-inline="yes-display-inline">in the matter preceding subparagraph (A), by striking <quote>Whoever</quote> and all that follows through <quote>oneself or another</quote> and inserting the following: <quote>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</quote>;</text> </clause><clause commented="no" display-inline="no-display-inline" id="id28ABEAA46BBA4EE9B9678647A78FF5E0"><enum>(ii)</enum><text display-inline="yes-display-inline">by amending subparagraph (A) to read as follows:</text> <quoted-block display-inline="no-display-inline" id="idD5B0622E190D4B458061D91E48250832" style="OLC"> <subparagraph commented="no" display-inline="no-display-inline" id="idFB97AF590B8C420B85891C5F6DA07817" indent="up1"><enum>(A)</enum><text display-inline="yes-display-inline">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;</text> </subparagraph><after-quoted-block>;</after-quoted-block></quoted-block> </clause><clause commented="no" display-inline="no-display-inline" id="id3F857568D4CD4A0E9A8E10363305C549"><enum>(iii)</enum><text display-inline="yes-display-inline">by striking subparagraph (B);</text> </clause><clause commented="no" display-inline="no-display-inline" id="idCC05BC1533964554973B2977564E7F64"><enum>(iv)</enum><text display-inline="yes-display-inline">by redesignating subparagraphs (C) and (D) as subparagraphs (B) and (C), respectively; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id27D8BED3540A4758B3860E7FA49F9E9B"><enum>(v)</enum><text display-inline="yes-display-inline">in subparagraph (C), as so redesignated, by striking <quote>, shall be</quote> and all that follows and inserting a period;</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idD8D21C460E434920B7D81559E57A55E1"><enum>(B)</enum><text display-inline="yes-display-inline">in paragraph (2)—</text> <clause commented="no" display-inline="no-display-inline" id="id229BDD92300A4795AE7BB147D30F394E"><enum>(i)</enum><text display-inline="yes-display-inline">by redesignating subparagraphs (C) and (D) as subparagraphs (D) and (E), respectively; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idCF7BE757386644D6AD31AE4B0769C873"><enum>(ii)</enum><text display-inline="yes-display-inline">by inserting after subparagraph (B) the following:</text> <quoted-block display-inline="no-display-inline" id="id85438E43DC3E4C88897FB56090501966" style="OLC"> <subparagraph commented="no" display-inline="no-display-inline" id="idEACAC3DBE02642908EE5A63E9A239E9F" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">be subject to the civil remedies under subchapter III of chapter 37 of title 31, United States Code (commonly known as the <quote><act-name>False Claims Act</act-name></quote>);</text> </subparagraph><after-quoted-block>; and</after-quoted-block></quoted-block> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id52168F1DA83A4823BC917A0924C1F86A"><enum>(C)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idF7A3C684EECA444BA1F6CDE53A2597DD" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="idFA50B90DA7C946E8B5330B364B870ABF" indent="up1"><enum>(3)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="id97AB3A960FC442CB99B978EFE344CB40"><enum>(A)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id2107A7C99B2F4E7ABCA7362E1477C6E8" indent="up1"><enum>(B)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idA3C1286647164D7DAC7A7720C114B82F" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idE22350BB2EBB43B6AC11EC3A3915746E"><enum>(2)</enum><text display-inline="yes-display-inline">by striking subsection (e) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id248BA52478A74A58BB1A341906A0D661" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="idB646DB9DC4A1443786CA4ACA749BECD6"><enum>(e)</enum><text display-inline="yes-display-inline">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.</text> </subsection><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id5512A414D94949A1B206F45C1BF210FF"><enum>(3)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id1D7552A5364F41C4B74A2983E7E6BC0C" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="idAE6EA44EEDB646D78618033721272DB5"><enum>(g)</enum><text display-inline="yes-display-inline">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—</text> <paragraph commented="no" display-inline="no-display-inline" id="id9C6E1366F9034E33B32B0DD437544C0F"><enum>(1)</enum><text display-inline="yes-display-inline">in order to allow any person to participate in any program of the Administration; or</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idA704639FE567426C858B3FBC139AC931"><enum>(2)</enum><text display-inline="yes-display-inline">in relation to a protest of a contract award or proposed contract award made under regulations issued by the Administration.</text> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id1D8AB923BB214300B1732B45F780699A"><enum>(h)</enum><paragraph commented="no" display-inline="yes-display-inline" id="id46900635EE304C9A9F69A841D226EFAF"><enum>(1)</enum><text display-inline="yes-display-inline">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.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idF6DB17D1C03540A7B58A6D3BFEAA9628" indent="up1"><enum>(2)</enum><text display-inline="yes-display-inline">A person shall be subject to the penalties and remedies described in subsection (d)(2) if the person—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id06C0E9D162BA46D3B12942B7B05108D6"><enum>(A)</enum><text display-inline="yes-display-inline">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</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id14FDEDD4EDD94D5096704D680B45FA19"><enum>(B)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section commented="no" display-inline="no-display-inline" id="idCDD6AB92D66646E39259EFA4D818E191" section-type="subsequent-section"><enum>524.</enum><header display-inline="yes-display-inline">Veterans integrity in contracting</header> <subsection commented="no" display-inline="no-display-inline" id="id3411756557F741DFB4A529675B8C875F"><enum>(a)</enum><header display-inline="yes-display-inline">Definition</header><text display-inline="yes-display-inline">Section 3(q)(1) of the Small Business Act (15 U.S.C. 632(q)(1)) is amended by striking <quote>means a veteran</quote> and all that follows and inserting the following: “means—</text> <quoted-block display-inline="no-display-inline" id="id0A708ED8F62F4FF2B834F693E34CC741" style="OLC"> <subparagraph commented="no" display-inline="no-display-inline" id="idC206F37B68544C569D58C85CCE65AB0E"><enum>(A)</enum><text display-inline="yes-display-inline">a veteran with a service-connected disability rated by the Secretary of Veterans Affairs as zero percent or more disabling; or</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idD2E886133C23482DB2D623208D2CA56A"><enum>(B)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection commented="no" display-inline="no-display-inline" id="id89FE8CC5C04F46AB9E573E3000C08702"><enum>(b)</enum><header display-inline="yes-display-inline">Veterans contracting</header><text display-inline="yes-display-inline">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:</text> <quoted-block display-inline="no-display-inline" id="id3E357747E2744958AD7FC38E9E559E37" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="idEA992039971246AE877E4D594E8368A5"><enum>(h)</enum><header display-inline="yes-display-inline">Veteran status</header> <paragraph commented="no" display-inline="no-display-inline" id="idC8B37C02A6CE46A293A5F9587A6E4D17"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">A business concern seeking status as a small business concern owned and controlled by service-disabled veterans shall—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id936621329B9B4E299435F4B7D802DD33"><enum>(A)</enum><text display-inline="yes-display-inline">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</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id77C1E579F68748FFB72A078A351082EA"><enum>(B)</enum><text display-inline="yes-display-inline">register with—</text> <clause commented="no" display-inline="no-display-inline" id="idFDA628A5A23D415AB8FCD7B67DA7FAFA"><enum>(i)</enum><text display-inline="yes-display-inline">the Central Contractor Registration database maintained under subpart 4.11 of the Federal Acquisition Regulation, or any successor thereto; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id237AE9ED08DF4F24989AD83C267EACC9"><enum>(ii)</enum><text display-inline="yes-display-inline">the VetBiz database of the Department of Veterans Affairs, or any successor thereto.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id68CE56450A274EA883B577C7502DDE86"><enum>(2)</enum><header display-inline="yes-display-inline">Verification of status</header> <subparagraph commented="no" display-inline="no-display-inline" id="id3426348DD08743D0BD8042DB7A3FAA35"><enum>(A)</enum><header display-inline="yes-display-inline">Veterans Affairs</header><text display-inline="yes-display-inline">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.</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id36CD32CE05244C8F8C83B8FF8D75EC36"><enum>(B)</enum><header display-inline="yes-display-inline">Federal agencies generally</header><text display-inline="yes-display-inline">The head of each Federal agency shall—</text> <clause commented="no" display-inline="no-display-inline" id="id7DBB39AB54D740D2B0BF37FC3ABA4A95"><enum>(i)</enum><text display-inline="yes-display-inline">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</text> </clause><clause commented="no" display-inline="no-display-inline" id="id0AADA49C083F4F2BA27027CE1E2EA8AA"><enum>(ii)</enum><text display-inline="yes-display-inline">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.</text> </clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idADEA30456C0343CCB1CDCFF546AE937D"><enum>(3)</enum><header display-inline="yes-display-inline">Debarment and suspension</header><text display-inline="yes-display-inline">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.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection commented="no" display-inline="no-display-inline" id="id626F6BDE56C34F95BB7EEA1F048BB416"><enum>(c)</enum><header display-inline="yes-display-inline">Integration of databases</header><text display-inline="yes-display-inline">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.</text> </subsection><subsection id="idC5FBFB67912E41C19C07A8EB294C01CB"><enum>(d)</enum><header>Effective date</header> <paragraph id="idC1B41A00E88F4224B92D21334A47DA30"><enum>(1)</enum><header>In general</header><text>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 <quote>Secretary</quote>) 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 (h) of section 4 of the Small Business Act (15 U.S.C. 633), as added by subsection (b).</text> </paragraph><paragraph id="id0B687BDBCC2F411A9320E448AE0D5B42"><enum>(2)</enum><header>Timeline</header><text>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.</text> </paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="id6C081F40101D41EB8DF30EBA2A819A1C" section-type="subsequent-section"><enum>525.</enum><header display-inline="yes-display-inline">Section 8<enum-in-header>(a)</enum-in-header> program improvements</header> <subsection commented="no" display-inline="no-display-inline" id="id668064F4A20D45049886F8BD649CEB1C"><enum>(a)</enum><header display-inline="yes-display-inline">Review of effectiveness</header><text display-inline="yes-display-inline">Section 8(a) of the Small Business Act (15 U.S.C. 637(a)) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id2C2133CDFA204036B672E10340F0FA98" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="idD03BAA81695D4117A0ED66F338ABEE83" indent="up1"><enum>(22)</enum><text display-inline="yes-display-inline">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—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id8C4E40E29A7640F1952F7ED8F21CC5D7"><enum>(A)</enum><text display-inline="yes-display-inline">conduct an evaluation of the effectiveness of the program under this subsection, including an examination of—</text> <clause commented="no" display-inline="no-display-inline" id="idFCF5052037734A939A054608EF13B531"><enum>(i)</enum><text display-inline="yes-display-inline">the number and size of contracts applied for, as compared to the number received by, small business concerns after successfully completing the program;</text> </clause><clause commented="no" display-inline="no-display-inline" id="idF848E1236D244711B226D7D034360A66"><enum>(ii)</enum><text display-inline="yes-display-inline">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;</text> </clause><clause commented="no" display-inline="no-display-inline" id="id5B0A0A00DD0C4F92B3C52E26052A36AE"><enum>(iii)</enum><text display-inline="yes-display-inline">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</text> </clause><clause commented="no" display-inline="no-display-inline" id="idE426264E57FC4DE98392A0A12AA50F3D"><enum>(iv)</enum><text display-inline="yes-display-inline">the number of training sessions offered under the program; and</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idAAE180155E0C4DDA8A086DF02946E2E3"><enum>(B)</enum><text display-inline="yes-display-inline">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).</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection commented="no" display-inline="no-display-inline" id="id5C3C6BE0D8764F769D88E95D1A8CE2EF"><enum>(b)</enum><header display-inline="yes-display-inline">Other improvements</header><text display-inline="yes-display-inline">In order to improve the 8(a) program, the Administrator shall—</text> <paragraph commented="no" display-inline="no-display-inline" id="idB433F763C5DE496E89165F1187620A65"><enum>(1)</enum><text display-inline="yes-display-inline">not later than 90 days after the date of enactment of this Act, begin to—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id56AB6B2E323A419DAD5A9EA6E5F050E4"><enum>(A)</enum><text display-inline="yes-display-inline">evaluate the feasibility of—</text> <clause commented="no" display-inline="no-display-inline" id="idC5D4657ED8DF471997B3454837FDF6F0"><enum>(i)</enum><text display-inline="yes-display-inline">using additional third-party data sources;</text> </clause><clause commented="no" display-inline="no-display-inline" id="idD43F47553030428FB96B9868ADAB8E1A"><enum>(ii)</enum><text display-inline="yes-display-inline">making unannounced visits of sites that are selected randomly or using risk-based criteria;</text> </clause><clause commented="no" display-inline="no-display-inline" id="id9FB25277F31E41178DE2B068C2AF101F"><enum>(iii)</enum><text display-inline="yes-display-inline">using fraud detection tools, including data-mining techniques; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="id5E807E54DA5640D8902B85A6BAE3B6C0"><enum>(iv)</enum><text display-inline="yes-display-inline">conducting financial and analytical training for the business opportunity specialists of the Administration;</text> </clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id88201492C96A4E678523922F3D211A05"><enum>(B)</enum><text display-inline="yes-display-inline">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</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id52072058ADB8459B9E12751656349289"><enum>(C)</enum><text display-inline="yes-display-inline">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</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id0EA228EBA0974D7191A3DEFB1495540D"><enum>(2)</enum><text display-inline="yes-display-inline">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—</text> <subparagraph commented="no" display-inline="no-display-inline" id="idC1427C12FA324570A55BDCDFBDF26F58"><enum>(A)</enum><text display-inline="yes-display-inline">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</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id4D534569EB15435FAC9E88B57A132E11"><enum>(B)</enum><text display-inline="yes-display-inline">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.</text> </subparagraph></paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="id14F75EF363654CC2B2C11DE23F24C6DF" section-type="subsequent-section"><enum>526.</enum><header display-inline="yes-display-inline">HUBZone improvements</header> <subsection commented="no" display-inline="no-display-inline" id="ID22dd438a2b2642349f1e25a30641b479"><enum>(a)</enum><header display-inline="yes-display-inline">Purpose</header><text display-inline="yes-display-inline">The purpose of this section is to reform and improve the HUBZone program of the Administration.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="id74497F77891E4667B5E0B9BB4115C924"><enum>(b)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The Administrator shall—</text> <paragraph commented="no" display-inline="no-display-inline" id="IDecc252dc32a94bda99ca5cda06a78684"><enum>(1)</enum><text display-inline="yes-display-inline">ensure the HUBZone map is—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id87B220122FA64029B987191F7FE808BC"><enum>(A)</enum><text display-inline="yes-display-inline">accurate and up-to-date; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idC4DD8657C3794E0C87FD3838E8F246FF"><enum>(B)</enum><text display-inline="yes-display-inline">revised as new data is made available to maintain the accuracy and currency of the HUBZone map;</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDfbb91bc9979d4bee82933720e6ec54ab"><enum>(2)</enum><text display-inline="yes-display-inline">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;</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID410f499289a84d8d8870ee8cbd379cbb"><enum>(3)</enum><text display-inline="yes-display-inline">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</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID17e9196638f94b618b9b0f56432ddf4c"><enum>(4)</enum><text display-inline="yes-display-inline">develop measures and implement plans to assess the effectiveness of the HUBZone program that—</text> <subparagraph commented="no" display-inline="no-display-inline" id="idEF0C5C3385DE46DD833EF117D6A366D1"><enum>(A)</enum><text display-inline="yes-display-inline">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</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id72DACE381CAE42E99F5DCD0FCDA74B71"><enum>(B)</enum><text display-inline="yes-display-inline">take into account—</text> <clause commented="no" display-inline="no-display-inline" id="idDD5B57BD945640A2BFC60A501C842812"><enum>(i)</enum><text display-inline="yes-display-inline">the economic characteristics of the HUBZone; and</text> </clause><clause commented="no" display-inline="no-display-inline" id="idF279644068BD4F9DBBE8496FB4CF2457"><enum>(ii)</enum><text display-inline="yes-display-inline">contracts being counted under multiple socioeconomic subcategories.</text> </clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idE53C8DF39BD449A7A006E44C019A09BD"><enum>(c)</enum><header display-inline="yes-display-inline">Employment percentage</header><text display-inline="yes-display-inline">Section 3(p) of the Small Business Act (15 U.S.C. 632(p)) is amended—</text> <paragraph commented="no" display-inline="no-display-inline" id="id5DB54A5988464B3CB69AA5A2DF60140B"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (5), by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idC7891606D6E54C4FBF8DA9EAC206F0ED" style="OLC"> <subparagraph commented="no" display-inline="no-display-inline" id="idF8704FA170F840C99FF57FC88079038C"><enum>(E)</enum><header display-inline="yes-display-inline">Employment percentage during interim period</header> <clause commented="no" display-inline="no-display-inline" id="id7B092DD13FA3429E9A037D936F8C040B"><enum>(i)</enum><header display-inline="yes-display-inline">Definition</header><text display-inline="yes-display-inline">In this subparagraph, the term <term>interim period</term> 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.</text> </clause><clause commented="no" display-inline="no-display-inline" id="idF122639991584E2D9CF1E52411C14AA6"><enum>(ii)</enum><header display-inline="yes-display-inline">Interim period</header><text display-inline="yes-display-inline">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—</text> <subclause commented="no" display-inline="no-display-inline" id="id84D51A26145E4532A8D198A1E297D838"><enum>(I)</enum><text display-inline="yes-display-inline">has not attempted to maintain the applicable employment percentage under subparagraph (A)(i)(I); or</text> </subclause><subclause commented="no" display-inline="no-display-inline" id="idAA16BB9B5A744096AA9098EF862D7889"><enum>(II)</enum><text display-inline="yes-display-inline">does not meet the applicable employment percentage—</text> <item commented="no" display-inline="no-display-inline" id="id4093549B971E421394019A50DCE60D01"><enum>(aa)</enum><text display-inline="yes-display-inline">on the date on which the HUBZone small business concern submits a bid for a contract under the HUBZone program; or</text> </item><item commented="no" display-inline="no-display-inline" id="id66568AF5B6154996ACE0CA729CE4C4E8"><enum>(bb)</enum><text display-inline="yes-display-inline">on the date on which the HUBZone small business concern is awarded a contract under the HUBZone program.</text> </item></subclause></clause></subparagraph><after-quoted-block>; and</after-quoted-block></quoted-block> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="idA020D70CCB7849E49AD57ECEE265C904"><enum>(2)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id7704C367FAB34EBB96721F0709FD4B3A" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="id88C4FE6BA3ED4691896BE45CA1124EC2"><enum>(8)</enum><header display-inline="yes-display-inline">HUBZone program</header><text display-inline="yes-display-inline">The term <term>HUBZone program</term> means the program established under section 31.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id843CD8B69E934C11963DDE168FCEC115"><enum>(9)</enum><header display-inline="yes-display-inline">HUBZone map</header><text display-inline="yes-display-inline">The term <term>HUBZone map</term> means the map used by the Administration to identify HUBZones.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id4CE70EFAF246423780153C93B4470D72"><enum>(d)</enum><header display-inline="yes-display-inline">Redesignated areas</header><text display-inline="yes-display-inline">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:</text> <quoted-block display-inline="no-display-inline" id="idF245B0165966402ABD956B10906ED671" style="OLC"> <clause commented="no" display-inline="no-display-inline" id="idF33D127FA6C2441FA438869CE6A39AD4"><enum>(i)</enum><text display-inline="yes-display-inline">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</text> </clause><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section commented="no" display-inline="no-display-inline" id="id0714E65956F14D4C9ACE181F118FE07A" section-type="subsequent-section"><enum>527.</enum><header display-inline="yes-display-inline">Annual report on suspension, debarment, and prosecution</header><text display-inline="no-display-inline">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—</text> <paragraph commented="no" display-inline="no-display-inline" id="id14A2DA6FFE0E4DBD86C36254270B3D5C"><enum>(1)</enum><text display-inline="yes-display-inline">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—</text> <subparagraph commented="no" display-inline="no-display-inline" id="idB30B8D9C337E4E6CB260A14D39859958"><enum>(A)</enum><text display-inline="yes-display-inline">the number of debarments that were based on a conviction; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id58E6999D279C4367ACABE122F8828219"><enum>(B)</enum><text display-inline="yes-display-inline">the number of debarments that were fact-based and did not involve a conviction;</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id60133F69035E4BA48E5CCC7D6235AFCD"><enum>(2)</enum><text display-inline="yes-display-inline">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—</text> <subparagraph commented="no" display-inline="no-display-inline" id="idF67515D5EB10444195875ABB132D3BEA"><enum>(A)</enum><text display-inline="yes-display-inline">the number of suspensions issued that were based upon indictments; and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id9E25B65074ED438BAECDEC213D8777D5"><enum>(B)</enum><text display-inline="yes-display-inline">the number of suspensions issued that were fact-based and did not involve an indictment;</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id1E6F2FBE5EBD4F0CBD698E93014FF6D8"><enum>(3)</enum><text display-inline="yes-display-inline">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;</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id083B9BBE9DF04C3C8211E05565921ED9"><enum>(4)</enum><text display-inline="yes-display-inline">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</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id2A15A54B51E64994A6891FAA8204D341"><enum>(5)</enum><text display-inline="yes-display-inline">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.</text> </paragraph></section></subtitle><subtitle id="idAE1179D0BE0F4B34A8F459A37DAD2930"><enum>C</enum><header>Fairness in Women-Owned Small Business Contracting</header> <section id="idE76CACF992484D70A768BE7AC2CBC0FF"><enum>531.</enum><header>Short title</header><text display-inline="no-display-inline">This subtitle may be cited as the <quote><short-title>Fairness in Women-Owned Small Business Contracting Act of 2012</short-title></quote>.</text> </section><section commented="no" display-inline="no-display-inline" id="idEB13758246AC4A2AB5245182FE9B46B8" section-type="subsequent-section"><enum>532.</enum><header display-inline="yes-display-inline">Procurement program for women-owned small business concerns</header><text display-inline="no-display-inline">Section 8(m) of the Small Business Act (15 U.S.C. 637(m)) is amended—</text> <paragraph commented="no" display-inline="no-display-inline" id="id845FDAEE2C9945EFB8CE89CA4A2F9834"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (2)—</text> <subparagraph commented="no" display-inline="no-display-inline" id="id711AFC70E358429B8503051C32854355"><enum>(A)</enum><text display-inline="yes-display-inline">in subparagraph (A), by striking <quote>who are economically disadvantaged</quote>;</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idF03B855245AD4D3AB5172F9CFF3A6ACE"><enum>(B)</enum><text display-inline="yes-display-inline">in subparagraph (C), by striking <quote>paragraph (3)</quote> and inserting <quote>paragraph (4)</quote>;</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id80263B187E5545C198B5E2B4199A7D4D"><enum>(C)</enum><text display-inline="yes-display-inline">by striking subparagraph (D); and</text> </subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id9B6181D4DEDA4C779CDB356D7D991D72"><enum>(D)</enum><text display-inline="yes-display-inline">by redesignating subparagraphs (E) and (F) as subparagraphs (D) and (E), respectively; and</text> </subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id8CB9C062791F40F497FFA6EB59CF03ED"><enum>(2)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idE3D251D2ED1347238876C388DBB6D714" style="OLC"> <paragraph commented="no" display-inline="no-display-inline" id="id71C621808D1E4A1EAE39FFEC02B609F2"><enum>(7)</enum><header display-inline="yes-display-inline">Sole source contracts</header><text display-inline="yes-display-inline">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).</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></section><section commented="no" display-inline="no-display-inline" id="id458A7C480A764E018C42E016F4E309E1" section-type="subsequent-section"><enum>533.</enum><header display-inline="yes-display-inline">Study and report on representation of women</header><text display-inline="no-display-inline">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:</text> <quoted-block display-inline="no-display-inline" id="idBD8A54ED1A8B48C781390BDFDDC91F51" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="idE389C5485BB147A7B813A91DB3BFFAF7"><enum>(n)</enum><header display-inline="yes-display-inline">Study and report on representation of women</header> <paragraph commented="no" display-inline="no-display-inline" id="id48300A067B584724BFAFC1CC67E0CA65"><enum>(1)</enum><header display-inline="yes-display-inline">Study</header><text display-inline="yes-display-inline">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.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="id8B45B7A52EB94590AB113A9CA6F3D9EA"><enum>(2)</enum><header display-inline="yes-display-inline">Report</header><text display-inline="yes-display-inline">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.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </section></subtitle><subtitle id="id56E5D27F8E954CA798EF1B7CF1C15C67"><enum>D</enum><header>Small Business Champion</header> <section id="idDA68856E4F304D1C9809FA92E0A13CEE" section-type="subsequent-section"><enum>541.</enum><header>Short title</header><text display-inline="no-display-inline">This subtitle may be cited as the <quote><short-title>Small Business Champion Act of 2012</short-title></quote>.</text> </section><section id="HC756135BB5864D099DCB3CD9AAC89DA9"><enum>542.</enum><header>Offices of Small and Disadvantaged Business Utilization</header> <subsection id="H1A7926C697DC4849B190E61DFD472BC1"><enum>(a)</enum><header>Appointment and position of Director</header><text display-inline="yes-display-inline">Section 15(k)(2) of the Small Business Act (15 U.S.C. 644(k)(2)) is amended by striking <quote>such agency,</quote> and inserting <quote>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);</quote>.</text> </subsection><subsection id="H95D348BAB42F4190AB2702378B287EF2"><enum>(b)</enum><header>Performance appraisals</header><text>Section 15(k)(3) of the Small Business Act (15 U.S.C. 644(k)(3)) is amended—</text> <paragraph id="H06BD4CD28E094FC7B1FFF1E20CA0E2EC"><enum>(1)</enum><text>by striking <quote>be responsible only to, and report directly to, the head</quote> and inserting <quote>shall be responsible only to (including with respect to performance appraisals), and report directly and exclusively to, the head</quote>; and</text> </paragraph><paragraph id="HCEBC06E8478D44AA86D5EB5A1E52A63A"><enum>(2)</enum><text>by striking <quote>be responsible only to, and report directly to, such Secretary</quote> and inserting <quote>be responsible only to (including with respect to performance appraisals), and report directly and exclusively to, such Secretary</quote>.</text> </paragraph></subsection><subsection id="HDB943956F0A44FD7AB2E4DE4C58CC48D"><enum>(c)</enum><header>Small business technical advisers</header><text display-inline="yes-display-inline">Section 15(k)(8)(B) of the Small Business Act (15 U.S.C. 644(k)(8)(B)) is amended by striking <quote>and 15 of this Act,</quote> and inserting <quote>, 15, and 43 of this Act;</quote>.</text> </subsection><subsection id="HD2C17BC0BEE64B8BB1A32467C4384480"><enum>(d)</enum><header>Additional requirements</header><text display-inline="yes-display-inline">Section 15(k) of the Small Business Act (15 U.S.C. 644(k)) is amended by inserting after paragraph (10) the following:</text> <quoted-block display-inline="no-display-inline" id="HF8DF86D2B2174C58B9BDC61B762BA85D" style="OLC"> <paragraph id="H7056A8D66B0A446EA90EE54B00D2E4C7"><enum>(11)</enum><text display-inline="yes-display-inline">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;</text> </paragraph><paragraph id="H0E97827825D14A7A8673ABB219947F48"><enum>(12)</enum><text>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;</text> </paragraph><paragraph id="H5366D865F96A40D9A74E6145B97AF8C8"><enum>(13)</enum><text>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;</text> </paragraph><paragraph id="H8287C08D7BB04E7D8973637646183065"><enum>(14)</enum><text>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;</text> </paragraph><paragraph id="HE4CBD9F62CF5400C9BC89D62CCE8061A"><enum>(15)</enum><text display-inline="yes-display-inline">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—</text> <subparagraph id="H2A177796C38B4AD398C620CD917203BD"><enum>(A)</enum><text>the training provided by the Director under paragraph (13) in the most recently completed fiscal year;</text> </subparagraph><subparagraph id="H12CEDCE110194FED972D42646DCD3A19"><enum>(B)</enum><text>the percentage of the budget of the Director used for such training in the most recently completed fiscal year; and</text> </subparagraph><subparagraph id="H7B2B3FE73FE44F3D9F9CD105EF45DD94"><enum>(C)</enum><text>the percentage of the budget of the Director used for travel in the most recently completed fiscal year; and</text> </subparagraph></paragraph><paragraph id="idF997FA3E263D4199B7CBB1A26B2E4A57"><enum>(16)</enum><text>shall have not less than 10 years of relevant procurement experience.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H9F3E57D313854209BDBB311DDA412888"><enum>(e)</enum><header>Technical amendments</header><text display-inline="yes-display-inline">Section 15(k) of the Small Business Act (15 U.S.C. 644(k)), as amended by subsection (d), is further amended—</text> <paragraph id="H6182485C0C9D4206A942B963C5775DDE"><enum>(1)</enum><text>in the matter preceding paragraph (1) by striking <quote>who shall</quote> and inserting <quote>who</quote>;</text> </paragraph><paragraph id="H98B2B8D41BF74010A78A03727CE108C4"><enum>(2)</enum><text>in paragraph (1)—</text> <subparagraph id="H52BB722B8EDC49498D8D703FE4E2852F"><enum>(A)</enum><text>by striking <quote>be known</quote> and inserting <quote>shall be known</quote>; and</text> </subparagraph><subparagraph id="H275AFD8D46944BEEA69B45675364C8B5"><enum>(B)</enum><text>by striking <quote>such agency,</quote> and inserting <quote>such agency;</quote>;</text> </subparagraph></paragraph><paragraph id="HFA4A5B92D150477A843F3349480E0E3C"><enum>(3)</enum><text>in paragraph (2) by striking <quote>be appointed by</quote> and inserting <quote>shall be appointed by</quote>;</text> </paragraph><paragraph id="H7BC14964604C4C9A946429BA3F670D95"><enum>(4)</enum><text>in paragraph (3)—</text> <subparagraph id="H7F1B8159E41A4493940F30289B8D9C52"><enum>(A)</enum><text>by striking <quote>director</quote> and inserting <quote>Director</quote>; and</text> </subparagraph><subparagraph id="HD2DF8B5A794E4F12827C719B5BA07087"><enum>(B)</enum><text>by striking <quote>Secretary's designee,</quote> and inserting <quote>Secretary's designee;</quote>;</text> </subparagraph></paragraph><paragraph id="H93452BDAD79E4663987F544DC047BA61"><enum>(5)</enum><text>in paragraph (4)—</text> <subparagraph id="H73C915E4D6EB4AE094CB2251E838D4DF"><enum>(A)</enum><text>by striking <quote>be responsible</quote> and inserting <quote>shall be responsible</quote>; and</text> </subparagraph><subparagraph id="H0333A366F46D4065AA21AA9AC13DDC17"><enum>(B)</enum><text>by striking <quote>such agency,</quote> and inserting <quote>such agency;</quote>;</text> </subparagraph></paragraph><paragraph id="H7463A44388C249399FF63281C08BAD4F"><enum>(6)</enum><text>in paragraph (5) by striking <quote>identify proposed</quote> and inserting <quote>shall identify proposed</quote>;</text> </paragraph><paragraph id="H31C1DE7253174224B544A1EA62D77B54"><enum>(7)</enum><text>in paragraph (6) by striking <quote>assist small</quote> and inserting <quote>shall assist small</quote>;</text> </paragraph><paragraph id="HAFA2E287BB9E46A59919F517C9174A8E"><enum>(8)</enum><text>in paragraph (7)—</text> <subparagraph id="H8927F3EDD1DF4F2EA5798967DD0E4F4A"><enum>(A)</enum><text>by striking <quote>have supervisory</quote> and inserting <quote>shall have supervisory</quote>; and</text> </subparagraph><subparagraph id="H58591A1460284B67935C83CA6B1485D4"><enum>(B)</enum><text>by striking <quote>this Act,</quote> and inserting <quote>this Act;</quote>;</text> </subparagraph></paragraph><paragraph id="HB1DD6A0B0F8141CDAE661922F6F7F966"><enum>(9)</enum><text>in paragraph (8)—</text> <subparagraph id="H83E86A5529BF4FE5B7CA9FAB860C46E0"><enum>(A)</enum><text>by striking <quote>assign a</quote> and inserting <quote>shall assign a</quote>; and</text> </subparagraph><subparagraph id="H5A926C455854428FA3116D1777243609"><enum>(B)</enum><text display-inline="yes-display-inline">by striking <quote>the activity, and</quote> and inserting <quote>the activity; and</quote>;</text> </subparagraph></paragraph><paragraph id="HA66B425C0E734B21B9B41AE688185D02"><enum>(10)</enum><text>in paragraph (9)—</text> <subparagraph id="H7FAAC71A930C4A0DBAEDE62E4570E921"><enum>(A)</enum><text>by striking <quote>cooperate, and</quote> and inserting <quote>shall cooperate, and</quote>; and</text> </subparagraph><subparagraph id="HF582E3D132FD47EEBDDBAEF09F14214B"><enum>(B)</enum><text>by striking <quote>subsection, and</quote> and inserting <quote>subsection;</quote>; and</text> </subparagraph></paragraph><paragraph id="H7986C4871B4442DD892B1CF454EB29A3"><enum>(11)</enum><text>in paragraph (10)—</text> <subparagraph id="HDC574D2BBA8543D487688D0659E55FE1"><enum>(A)</enum><text>by striking <quote>make recommendations</quote> and inserting <quote>shall make recommendations</quote>;</text> </subparagraph><subparagraph commented="no" id="HD9DFABB386E04340BA888518D08E676F"><enum>(B)</enum><text>by striking <quote>subsection (a), or section</quote> and inserting <quote>subsection (a), section</quote>;</text> </subparagraph><subparagraph commented="no" id="H2493E57798F749D18C562CFA0C32EC4E"><enum>(C)</enum><text>by striking <quote>Act or section 2323</quote> and inserting <quote>Act, or section 2323</quote>;</text> </subparagraph><subparagraph commented="no" id="H3DA0FBD916154FF68AAAE0D6C5CA6F24"><enum>(D)</enum><text>by striking <quote>Code. Such recommendations shall</quote> and inserting <quote>Code, which shall</quote>; and</text> </subparagraph><subparagraph id="H5EDA6D6ABAF64F6898CEEADECFD83490"><enum>(E)</enum><text>by striking <quote>contract file.</quote> and inserting <quote>contract file;</quote>.</text> </subparagraph></paragraph></subsection></section><section id="HC683B6E4565243D9998C056892FCFCA1"><enum>543.</enum><header>Small Business Procurement Advisory Council</header> <subsection id="HBBF19BAF227D4CBFAABF4FE5E1C5E097"><enum>(a)</enum><header>Duties</header><text display-inline="yes-display-inline">Section 7104(b) of the Federal Acquisition Streamlining Act of 1994 (15 U.S.C. 644 note) is amended—</text> <paragraph id="H09E119040600492D80EF9D71EFE91B5C"><enum>(1)</enum><text>in paragraph (1) by striking <quote>and</quote> at the end;</text> </paragraph><paragraph id="HA37D69F70AC645AE9FB3753E9219E8B9"><enum>(2)</enum><text>in paragraph (2) by striking <quote>authorities.</quote> and inserting <quote>authorities;</quote>; and</text> </paragraph><paragraph id="H68A073EAB96F4CE081B612F7A6CAAB24"><enum>(3)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="H1D07CAA7E59F42C0BEB1C42127567D10" style="OLC"> <paragraph id="HB79A30EA888A4779BE73E47FA9D884DD"><enum>(3)</enum><text display-inline="yes-display-inline">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;</text> </paragraph><paragraph id="H19B5DB52B4D74DEBAE58C3BE0888B9CE"><enum>(4)</enum><text>to identify best practices for maximizing small business utilization in Federal contracting that may be implemented by Federal agencies having procurement powers; and</text> </paragraph><paragraph id="H04E654A6658441DAAA1882F5A3B1791F"><enum>(5)</enum><text>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—</text> <subparagraph id="H60867D2091144CFA9CDC519D8DFF612F"><enum>(A)</enum><text>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;</text> </subparagraph><subparagraph id="H93E984EC9BEA495C9F413243073CA0FF"><enum>(B)</enum><text>the results of reviews conducted under paragraph (3) during such 1-year period; and</text> </subparagraph><subparagraph id="H4B2F3D1ED9BE4AE7AE24DEB98D4D9C35"><enum>(C)</enum><text>best practices identified under paragraph (4) during such 1-year period.</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="H2DD5A1C2133A48C2A9F7B6C343DEF3E6"><enum>(b)</enum><header>Membership</header><text display-inline="yes-display-inline">Section 7104(c) of the Federal Acquisition Streamlining Act of 1994 (15 U.S.C. 644 note) is amended by striking <quote>(established under section 15(k) of the Small Business Act (15 U.S.C. 644(k))</quote>.</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="H72249AB4D9F24CC689CD89154FAA299E"><enum>(c)</enum><header>Chairman</header><text display-inline="yes-display-inline">Section 7104(d) of the Federal Acquisition Streamlining Act of 1994 (15 U.S.C. 644 note) is amended by inserting after <quote>Small Business Administration</quote> the following: <quote>(or the designee of the Administrator)</quote>.</text> </subsection></section></subtitle><subtitle id="idB58F3BC42CE845A1BA75D9A74D5AF89C"><enum>E</enum><header>Subcontracts</header> <section id="idEED5CC4711F244B8BEDA1813ADB965A7"><enum>551.</enum><header>Subcontracts awarded by Federally Funded Research and Development Centers</header><text display-inline="no-display-inline">Subsection 15(g) of the Small Business Act (15 U.S.C. 644(g)) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="id6FE9AA258832420BB2DE2DB8E130A8B0" style="OLC"> <paragraph id="id51A7928A6CA242B0B434AE48CB84FE93" indent="up1"><enum>(3)</enum><text>First tier subcontracts that are awarded by a federally funded research and development center sponsored by a Federal agency to small business concerns, small business concerns owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, and small business concerns owned and controlled by women, shall be considered in determining whether the annually established agency and governmentwide goals for procurement contracts have been met.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section></subtitle>