[The Regulatory Plan and Unified Agenda of Federal Regulations]
[Small Business Administration Regulatory Plan]
[From the U.S. Government Printing Office, www.gpo.gov]


SMALL BUSINESS ADMINISTRATION (SBA)

Statement of Regulatory Priorities
Regulatory Streamlining
The Small Business Administration (SBA) has, over the last 2 years, 
made a concerted effort to serve its constituency better by eliminating 
regulations that no longer make sense, by reducing paperwork 
requirements, and by streamlining internal procedures. This Regulatory 
Plan is intended to highlight that ongoing initiative. The Plan 
responds to President Clinton's mandate that regulations be effective, 
consistent, sensible, and understandable.
President Clinton directed the Small Business Administration in his 
memorandum of March 4, 1995, to complete a page-by-page, line-by-line 
review of all of its existing regulations to determine which might be 
revised or eliminated. SBA conducted that review in part through 
Grassroots Regulatory Partnership Meetings held throughout the country 
between April 10 and April 27. These meetings brought together more 
than 250 small business owners, contractors, lenders, loan recipients, 
State agencies, Service Core of Retired Executives (SCORE) volunteers, 
SBA employees, and others to discuss how SBA programs can be made more 
efficient, less burdensome, and more ``user-friendly.''
As a result of the review, SBA proposes to reinvent 100 percent of the 
current SBA-specific regulations by December 31, 1995. SBA believes it 
can significantly clarify and streamline its regulations and thereby 
conserve resources, improve procedures, and serve its customers more 
effectively.
The 1995 version of title 13 CFR consists of 38 parts totalling 700 
pages devoted to SBA regulations. SBA has determined it can eliminate 
14 parts entirely, thereby deleting 64 pages of regulations. SBA also 
can substantively reinvent or consolidate another 22 parts, resulting 
in the elimination of 291 more pages. The remaining two parts, with 45 
pages, will remain unchanged, only because they are uniform rules 
applying to all executive branch agencies. SBA will, therefore, 
reinvent all of its agency-specific regulations, eliminating a total of 
355 pages, or 51 percent, of regulatory text. In addition, SBA will 
eliminate its entire supplement to the Federal Acquisition Regulation, 
48 CFR 2209. As indicated above, SBA will complete this entire 
regulatory reform effort by December 31, 1995.
Significant Initiatives
Although the entire regulatory streamlining effort deserves attention 
in SBA's Regulatory Plan, certain of the initiatives are extremely 
significant. In this regard, SBA will make major changes to 13 CFR 101, 
which sets forth rules for administration of the Agency. Part 101 will 
be updated to reflect changes in the Agency's current organization, 
function, and lines of authority. SBA will eliminate unnecessary 
portions of the current organizational structure in its revision of 
part 101 and state new delegations of authority that have been altered 
by reorganization and the creation of new programs. Other 
administrative regulations--parts 133 and 135--will be consolidated 
with part 101. SBA expects to eliminate 40 percent of the regulatory 
text from part 101 and reinvent the remaining portion.
SBA will consolidate its business loan program and development company 
program regulations, presently contained in 13 CFR parts 108, 116, 120, 
122, and 131. SBA will place all its business loan and development 
company regulations in one part to provide a more user-friendly format. 
In the process, SBA will eliminate duplication and outdated sections of 
the current regulations, deleting multiple pages of regulatory text. 
These changes will save time and resources for all people involved with 
SBA loan programs, including employees and our small business partners.
In this regard, part 120 of SBA's regulations has heretofore described 
various eligibility and administrative aspects of SBA's business loan 
program; part 122 has concentrated primarily on describing the 
application process and special purpose loan programs. Part 131 has 
delineated the loan moratorium program, and part 116 has detailed 
various policies of general application. The revised part 120 will 
consolidate all of these parts and eliminate duplication as 
appropriate. Presently 13 CFR part 108 governs administration of SBA's 
Development Company (504) program, which is intended to provide 
financing of a sort not available from the business loan program to 
small businesses interested in financing fixed assets. The 504 program 
uses public/private partnerships to make loans available for 
acquisition of land, buildings, machinery, and equipment. Certified 
Development Companies (CDCs), sponsored by private interests or by 
State or local governments, are SBA's partner in this process.
SBA will incorporate present part 108 into new part 120. In addition to 
substantially reducing the length of the present part 108, important 
substantive changes will be made. For example, the new regulation will 
promote better and more uniform performance by CDCs through 
competition. The regulation will allow existing CDCs with demonstrated 
experience and expertise to expand into areas of operation that are not 
being adequately serviced. Several additional changes will be made to 
simplify the regulations governing CDCs, and the consolidation of those 
regulations into part 120 will provide the public with a single place 
to look for all the regulations governing SBA's business financing 
programs.
_______________________________________________________________________
SBA

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                          PROPOSED RULE STAGE

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146. AMENDMENTS TO ADMINISTRATION REGULATIONS
Priority:


Other Significant


Reinventing Government:


This rulemaking is part of the Reinventing Government effort. It will 
revise text in the CFR to reduce burden or duplication, or streamline 
requirements.


Legal Authority:


 15 USC 634(b)(6)


CFR Citation:


 13 CFR 101


Legal Deadline:


None


Abstract:


These proposed amendments to 13 CFR part 101 update the rules for the 
administration of the Agency.


Statement of Need:


On March 4, 1995, President Clinton issued a memorandum to Federal 
agencies directing them to simplify their regulations and eliminate 
those that are unnecessary. This proposed rule would reorganize part 
101, which governs the Small Business Administration's (SBA's) internal 
administrative procedures, into four subparts and remove portions of 
the existing regulations. Present parts 133 and 135 will be revised, 
updated, and consolidated with part 101.


Summary of the Legal Basis:


Not required by statute or court order.


Alternatives:


The revisions proposed amend administrative procedures in SBA's 
existing regulations.


Anticipated Costs and Benefits:


This rulemaking deals with SBA's internal administrative procedures. 
Its promulgation creates no cost to the Government or small businesses.


Risks:


This regulation addresses no risks to the public health and safety or 
to the environment.


Timetable:
_______________________________________________________________________
Action                                 DFR Cite

_______________________________________________________________________
NPRM                                                           10/00/95
Final Action Effective                                         12/00/95
Small Entities Affected:


None


Government Levels Affected:


Federal


Agency Contact:
Mary Ann Gladden
Special Assistant to the Director of Personnel
Small Business Administration
409 Third Street SW.
4th Floor
Washington, DC 20416
Phone: 202 205-6782
RIN: 3245-AC20
_______________________________________________________________________
SBA
147.  BUSINESS LOANS
Priority:


Economically Significant


Reinventing Government:


This rulemaking is part of the Reinventing Government effort. It will 
revise text in the CFR to reduce burden or duplication, or streamline 
requirements.


Legal Authority:


 15 USC 636; 15 USC 697


CFR Citation:


 13 CFR 108; 13 CFR 120; 13 CFR 122


Legal Deadline:


None


Abstract:


This rulemaking is designed to facilitate access by the small business 
community to information about SBA's business loan program and 
development company loan program. No costs to the government or the 
small businesses are associated with its promulgation. However, 
benefits from improving access to SBA loan programs will accrue to the 
general economy through the creation of jobs and increased tax 
revenues.


Statement of Need:


In response to President Clinton's regulatory reform initiative, this 
proposed rule will consolidate into one Part of SBA's regulations its 
business loan program and development company program regulations. In 
the process, SBA will eliminate duplication and outdated sections of 
the current regulations, deleting multiple pages of regulatory text. 
These changes will save time and resources for all people involved with 
SBA loan programs, including employees and SBA's small business 
partners.


Summary of the Legal Basis:


Not required by statute or court order.


Alternatives:


This rulemaking consolidates and streamline SBA's existing regulations.


Anticipated Costs and Benefits:


This rulemaking is designed to facilitate access by the small business 
community to information about SBA's business loan program and 
development company loan program. No costs to the Government or the 
small businesses associated with its promulgation will result. However, 
benefits from imporoving access to SBA loan programs will accrue to the 
general economy through the creation of jobs and increased tax 
revenues.


Risks:


This regulation addresses no risks to the public health and safety or 
the environment.


Timetable:
_______________________________________________________________________
Action                                 DFR Cite

_______________________________________________________________________
NPRM                                                           11/01/95
NPRM Comment Period End                                        12/01/95
Final Action Effective                                         12/31/95
Small Entities Affected:


Businesses


Government Levels Affected:


Federal


Agency Contact:
John R. Cox
Associate Administrator for Financial Assistance
Small Business Administration
409 Third Street SW.
8th Floor
Washington, DC 20416
Phone: 202 205-6490
RIN: 3245-AD75
BILLING CODE 8025-01-F