[Congressional Record Volume 157, Number 115 (Thursday, July 28, 2011)]
[Senate]
[Pages S5023-S5024]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           TEXT OF AMENDMENTS

  SA 588. Mr. REID (for Ms. Landrieu (for herself, Ms. Snowe, and Mr. 
Coburn)) proposed an amendment to the bill H.R. 2608, to provide for an 
additional temporary extension of programs under the Small Business Act 
and the Small Business Investment Act of 1958, and for other purposes; 
as follows:

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

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

     SEC. 2. ADDITIONAL TEMPORARY EXTENSION OF AUTHORIZATION OF 
                   PROGRAMS UNDER THE SMALL BUSINESS ACT AND THE 
                   SMALL BUSINESS INVESTMENT ACT OF 1958.

       (a) In General.--Section 1 of the Act entitled ``An Act to 
     extend temporarily certain authorities of the Small Business 
     Administration'', approved October 10, 2006 (Public Law 109-
     316; 120 Stat. 1742), as most recently amended by section 2 
     of the Small Business Additional Temporary Extension Act of 
     2011 (Public Law 112-17; 125 Stat. 221), is amended by 
     striking ``July 31, 2011'' each place it appears and 
     inserting ``July 31, 2012''.
       (b) Effective Date.--The amendments made by subsection (a) 
     shall take effect on July 30, 2011.

     SEC. 3. REPEALS AND OTHER TERMINATIONS.

       (a) General Provisions.--
       (1) Effective date.--A repeal or other termination of a 
     provision of law made by this section shall take effect on 
     October 1, 2011.
       (2) Rule.--Nothing in this section shall affect any grant 
     or assistance provided, contract or cooperative agreement 
     entered into, or loan made or guaranteed before October 1, 
     2011 under a provision of law repealed or otherwise 
     terminated by this section and any such grant, assistance, 
     contract, cooperative agreement, or loan shall be subject to 
     the applicable repealed or otherwise terminated provision, as 
     in effect on September 30, 2011.
       (3) Applicability of temporary extensions.--A repeal or 
     other termination of a provision of law made by this section 
     shall have effect notwithstanding any temporary extension of 
     programs, authority, or provisions under the Act entitled 
     ``An Act to extend temporarily certain authorities of the 
     Small Business Administration'', approved October 10, 2006 
     (Public Law 109-316; 120 Stat. 1742).
       (4) Deficit reduction.--Any savings resulting from this Act 
     and the amendments made by this Act shall be returned to the 
     Treasury for deficit reduction.
       (b) Pollution Control Loans.--Paragraph (12) of section 
     7(a) of the Small Business Act (15 U.S.C. 636(a)) is 
     amended--
       (1) by striking ``(A) The Administration'' and inserting 
     ``The Administration''; and
       (2) by striking ``research and development'' and all that 
     follows and inserting ``research and development.''.
       (c) Small Business Institute.--Subparagraph (E) of section 
     8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1)) is 
     repealed.
       (d) Drug-Free Workplace Grants.--Paragraph (3) of section 
     21(c) of the Small Business Act (15 U.S.C. 648(c)) is 
     amended--
       (1) in subparagraph (R) by adding ``and'' at the end;
       (2) in subparagraph (S) by striking ``; and'' and inserting 
     a period; and
       (3) by striking subparagraph (T).
       (e) Central European Small Business Enterprise Development 
     Commission.--Section 25 of the Small Business Act (15 U.S.C. 
     652) is repealed.
       (f) Paul D. Coverdell Drug-Free Workplace Program.--Section 
     27 of the Small Business Act (15 U.S.C. 654) is repealed.
       (g) Pilot Technology Access Program.--Section 28 of the 
     Small Business Act (15 U.S.C. 655) is repealed.
       (h) National Veterans Business Development Corporation.--
       (1) In general.--Section 33 of the Small Business Act (15 
     U.S.C. 657c) is repealed.
       (2) Corporation.--Beginning on the date of enactment of 
     this Act, the National Veterans Business Development 
     Corporation and any successor thereto may not represent that 
     the corporation is federally chartered or in any other manner 
     authorized by the Federal Government.
       (i) Lease Guarantees and Pollution Control.--Part A of 
     title IV of the Small Business Investment Act of 1958 (15 
     U.S.C. 692 et seq.) is repealed.
       (j) Alternative Loss Reserve.--Paragraph (7) of section 
     508(c) of the Small Business Investment Act of 1958 (15 
     U.S.C. 697e(c)) is repealed.
       (k) Small Business Telecommuting Pilot Program.--Subsection 
     (d) of section 1203 of the Energy Independence and Security 
     Act of 2007 (15 U.S.C. 657h) is repealed.
       (l) Technical and Conforming Amendments.--
       (1) Small business investment act of 1958.--Section 411(i) 
     of the Small Business Investment Act of 1958 (15 U.S.C. 
     694b(i)) is amended to read as follows:
       ``(i) Without limiting the authority conferred upon the 
     Administrator and the Administration by section 201 of this 
     Act, the Administrator and the Administration shall have, in 
     the performance of and with respect to the functions, powers, 
     and duties conferred by this part, all the authority and be 
     subject to the same conditions prescribed in section 5(b) of 
     the Small Business Act with respect to loans, including the 
     authority to execute subleases, assignments of lease and new 
     leases with any person, firm, organization, or other entity, 
     in order to aid in the liquidation of obligations of the 
     Administration hereunder.''.
       (2) Title 10.--Section 1142(b)(13) of title 10, United 
     States Code, is amended by striking ``and the National 
     Veterans Business Development Corporation''.
       (3) Title 38.--Subsection (h) of section 3452 of title 38, 
     United States Code, is amended by striking ``any of the'' and 
     all that follows and inserting ``any small business 
     development center described in section 21 of the Small 
     Business Act (15 U.S.C. 648), insofar as such center offers, 
     sponsors, or cosponsors an entrepreneurship course, as that 
     term is defined in section 3675(c)(2).''.
       (4) Veterans entrepreneurship and small business 
     development act of 1999.--Section 203(c)(5) of the Veterans 
     Entrepreneurship and Small Business Development Act of 1999 
     (15 U.S.C. 657b note) is amended by striking ``In cooperation 
     with the National Veterans Business Development Corporation, 
     develop'' and inserting ``Develop''.

     SEC. 4. TERMINATION OF EMERGING LEADERS PROGRAM.

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

[[Page S5024]]

     Performance Report'' (or any predecessor or successor 
     document).

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