[Congressional Record Volume 164, Number 40 (Wednesday, March 7, 2018)]
[Senate]
[Pages S1471-S1472]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2094. Mrs. SHAHEEN submitted an amendment intended to be proposed 
by her to the bill S. 2155, to promote economic growth, provide 
tailored regulatory relief, and enhance consumer protections, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. REINSTATING THE FEDERAL RESERVE SURVEY OF SMALL 
                   BUSINESS FINANCES.

       (a) Purpose.--The purpose of this section is to reinstate 
     the Survey of Small Business Finances, which was conducted 
     every 5 years from 1987 to 2003, in order to provide Congress 
     and the public with data essential to identify where the 
     inequities lie in access to credit for small business 
     concerns in the United States, especially in underserved 
     markets, including small business concerns owned and 
     controlled by women and small business concerns owned and 
     controlled by socially and economically disadvantaged 
     individuals.

[[Page S1472]]

       (b) Definitions.--In this section--
       (1) the term ``Board of Governors'' means the Board of 
     Governors of the Federal Reserve System;
       (2) the terms ``small business concern'' and ``small 
     business concern owned and controlled by women'' have the 
     meanings given those terms in section 3 of the Small Business 
     Act (15 U.S.C. 632); and
       (3) the term ``small business concern owned and controlled 
     by socially and economically disadvantaged individuals'' has 
     the meaning given the term in section 8(d)(3)(C) of the Small 
     Business Act (15 U.S.C. 637(d)(3)(C)).
       (c) Survey.--
       (1) In general.--Beginning not later than 1 year after the 
     date of enactment of this Act, and every 5 years thereafter, 
     the Board of Governors shall collect, compile, analyze, 
     prepare, and publish data for a survey of small business 
     finances using the same or similar questions included in the 
     2003 Survey of Small Business Finances, as conducted by the 
     Board of Governors.
       (2) Scope.--The Board of Governors shall collect 
     comprehensive financial information from a representative 
     sample of small business concerns in the United States for 
     the survey described in paragraph (1).
       (3) Additional data collection.--The Board of Governors may 
     add questions to the survey described in paragraph (1), 
     including questions that provide more data about the 
     financing and credit sources and the proportion of those 
     sources to small business concerns owned and controlled by 
     socially and economically disadvantaged individuals.
       (4) Accessibility of data.--All data, the questionnaires, 
     and technical documentation for the survey described in 
     paragraph (1) shall be accessible to the public on an 
     Internet website and free of charge.
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