[Unified Agenda of Federal Regulatory and Deregulatory Actions]
[Small Business Administration Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


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Part XLIII





Small Business Administration





_______________________________________________________________________



Semiannual Regulatory Agenda

[[Page 22866]]



SMALL BUSINESS ADMINISTRATION (SBA)                                    


  



_______________________________________________________________________

SMALL BUSINESS ADMINISTRATION

13 CFR Ch. I

Improving Government Regulations; Semiannual Agenda

AGENCY: Small Business Administration.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: The entries below represent the Small Business 
Administration's (SBA) 38th semiannual regulatory agenda. Although not 
a regulatory agency, the SBA drafted the agenda to meet both the 
criteria and the spirit of the regulatory review process. The SBA 
publishes this agenda pursuant to Executive Order 12866 and the 
Regulatory Flexibility Act, 5 U.S.C. 601 et seq.

FOR FURTHER INFORMATION CONTACT: For further information on agenda 
items, the SBA encourages the public to contact the individual agency 
official referenced in each entry.

    For information concerning the SBA's overall Regulatory Review 
and Development Program or general semiannual agenda questions, 
contact Mark K. Stephens, Deputy General Counsel, U.S. Small 
Business Administration, 409 Third Street SW., Washington, DC 
20416, (202) 205-6642.

SUPPLEMENTARY INFORMATION: The SBA agenda is designed to increase 
public knowledge of all anticipated SBA regulatory activities. 
Publication may encourage increased public participation in the review 
and development process.

    The SBA's agenda is divided into three parts. Part I, Proposed 
Rules, includes those rules which likely will be proposed during 
the next 12 months. Part II, Final Rules, includes proposed rules 
which probably will be finalized during the agenda period. Part 
III, Completed Actions, includes regulations completed or withdrawn 
and reviews completed since the preceding agenda.

    Publication of the agenda does not impose any binding 
obligation on the SBA with regard to any specific item in the 
agenda. Further, regulatory action not listed on the agenda is not 
precluded.

    Finally, the SBA regulations are developed in a manner that 
promotes economic growth without imposing unnecessary regulatory 
burdens on the public. The SBA continues its vigorous program of 
streamlining all its regulatory activity so that only absolutely 
necessary regulations are promulgated.

Dated: March 19, 1998.

Aida Alvarez,

Administrator.

                                               Proposed Rule Stage                                              
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3905         Business Loans Financing Nondepository Institutions..................................    3245-AD84 
3906         Revisions to the Disaster Loan Program...............................................    3245-AD88 
3907         Small Business Size Standards; Engineering Services, Architectural Services, and                   
            Surveying and Mapping Services........................................................    3245-AD89 
3908         Amendment to SBA's Regulations Regarding Administrative Offset.......................    3245-AD90 
3909         Revisions to 504 Program Regulations.................................................    3245-AD99 
3910         Microloan Grants for Welfare to Work Initiative......................................    3245-AE00 
3911         HUBZone Program......................................................................    3245-AE02 
3912         Record Disclosure and Privacy Regulations............................................    3245-AE03 
3913         Contract Bundling Procurement Strategy...............................................    3245-AE04 
3914         Small Business Development Center Program Revisions..................................    3245-AE05 
3915         Small Business Size Standards; Construction and Health Care Industries...............    3245-AE06 
3916         Small Business Size Standards; North American Industry Classification System.........    3245-AE07 
3917         SBIC Program Reform..................................................................    3245-AE08 
3918         PLP Lenders' Responsibilities for Servicing and Liquidating Loans....................    3245-AE09 
3919         Servicing of Guaranteed Loans........................................................    3245-AE10 
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                                                Final Rule Stage                                                
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                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3920         Small Business Size Standards for Natural Gas Distribution...........................    3245-AB94 
3921         Supplemental Standards of Ethical Conduct for Employees of the Small Business                      
            Administration........................................................................    3245-AC96 
3922         Minority Small Business and Capital Ownership Development/Small Disadvantaged                      
            Business Status Protest and Appeal Procedure..........................................    3245-AD83 
3923         Disaster Loan Program (Loan Increases)...............................................    3245-AD97 
3924         Disaster Loan Program (Assistance to Non-Agricultural Portions of Businesses)........    3245-AD98 
3925         Small Business Regulations and Government Contracting Assistance Regulations; Very                 
            Small Business Concerns...............................................................    3245-AE01 
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[[Page 22867]]


                                                Completed Actions                                               
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                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
3926         Revision of Small Business Investment Company Regulations............................    3245-AD87 
3927         Revising Eligible Project Costs for 504 Loans........................................    3245-AD91 
3928         Small Business Investment Companies Amendment To Allow Licensee Structure............    3245-AD96 
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SMALL BUSINESS ADMINISTRATION (SBA)                 Proposed Rule Stage


  



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3905. BUSINESS LOANS FINANCING NONDEPOSITORY INSTITUTIONS

Priority:  Other Significant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(a)

CFR Citation:  13 CFR 120.420

Legal Deadline:  Final, Statutory, March 31, 1997.
PL 104-208.

Abstract: This rule modifies present regulations to permit depository 
as well as nondepository lenders to borrow against and securitize the 
unguaranteed portion of SBA guaranteed loans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/29/96                    61 FR 60649
ANPRM Comment Period End        12/29/96
NPRM                            02/26/97                     62 FR 8640
NPRM Comment Period End         03/28/97
Interim Final Rule              04/02/97                    62 FR 15601
Interim Final Rule Effective    04/02/97
Interim Final Rule Comment 
Period End                      05/02/97
Public Hearing (05/28/97)       05/12/97                    62 FR 25874
Second NPRM                     04/00/98
Final Action                    05/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Analysis: Regulatory Flexibility Analysis

Agency Contact: James Hammersley, Director for Secondary Market Sales, 
Small Business Administration, 409 Third Street SW., 8th Floor, 
Washington, DC 20416
Phone: 202 205-6490

RIN: 3245-AD84
_______________________________________________________________________




3906. REVISIONS TO THE DISASTER LOAN PROGRAM

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(b); 15 USC 636(c); 15 
USC 636(f); PL 102-395, 106 Stat 1828 and 1864; PL 103-75, 107 Stat 739

CFR Citation:  13 CFR 123.301(a); 13 CFR 123.101; 13 CFR 123.202(a)

Legal Deadline: None

Abstract: The Disaster Loan Program is being revised to make Economic 
Injury ineligible criteria consistent with that found in 13 CFR 
120.110.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/98
Final Action                    09/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Bernard Kulik, Associate Administrator for Disaster 
Assistance, Small Business Administration, 409 Third Street SW., 
Washington, DC 20416
Phone: 202 205-6734

RIN: 3245-AD88
_______________________________________________________________________




3907. SMALL BUSINESS SIZE STANDARDS; ENGINEERING SERVICES, ARCHITECTURAL 
SERVICES, AND SURVEYING AND MAPPING SERVICES

Priority:  Economically Significant. Major under 5 USC 801.

Legal Authority:  15 USC 632(a); 15 USC 634(b)(6); 15 USC 644(c); PL 
104-486, sec 108; 15 USC 637(a)

CFR Citation:  13 CFR 121

Legal Deadline: None

Abstract: Proposal to increase small business size standards in the 
Engineering Services, Architectural Services, and Surveying and Mapping 
Services industries. The proposed revisions are being made to better 
define the size of business in those industries the SBA believes should 
be eligible for Federal small business assistance programs.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            02/03/98                     63 FR 5480
NPRM Comment Period End         04/06/98
Final Action                    09/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Gary M. Jackson, Assistant Administrator on Size 
Standards, Small Business Administration, 409 3rd Street SW., 
Washington, DC 20416
Phone: 202 205-6618

RIN: 3245-AD89
_______________________________________________________________________




3908. AMENDMENT TO SBA'S REGULATIONS REGARDING ADMINISTRATIVE OFFSET

Priority:  Info./Admin./Other

Legal Authority:  31 USC 3711; 31 USC 3720; 5 USC 5574; 31 USC 3716; 15 
USC 634(b)(6)

CFR Citation:  13 CFR 140

Legal Deadline: None

Abstract: SBA intends to amend its regulations to include references to 
administrative offset and other remedies that the Treasury Department 
may use on behalf of SBA to collect debt pursuant to the Debt 
Collection Improvement Act of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/98

Small Entities Affected: Businesses

[[Page 22868]]

Government Levels Affected: None

Agency Contact: Arnold Rosenthal, Assistant Administrator for Borrowers 
and Lender Servicing, Small Business Administration, 409 Third Street 
SW., Washington, DC 20416
Phone: 202 205-6481

RIN: 3245-AD90
_______________________________________________________________________




3909.  REVISIONS TO 504 PROGRAM REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(a); PL 105-135

CFR Citation:  13 CFR 120

Legal Deadline:  Final, Statutory, May 2, 1998.

Abstract: This proposed regulation will amend the 504 program in many 
respects including lifting the restriction on the number of premier 
certified lenders, permitting borrowers to finance attorney fees up to 
$2500 with loan proceeds, and other amendments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/98
Final Action                    05/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: LeAnn Oliver, Director, Office of Financial Assistance, 
Small Business Administration
Phone: 202 205-6485

RIN: 3245-AD99
_______________________________________________________________________




3910.  MICROLOAN GRANTS FOR WELFARE TO WORK INITIATIVE

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(a); 15 USC 636(m)

CFR Citation:  13 CFR 120

Legal Deadline: None

Abstract: This proposed regulation provides additional grants to 
microloan intermediates to fund child care and transportation costs to 
eligible microloan participants.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: LeAnn Oliver, Director, Office of Financial Assistance, 
Small Business Administration, 409 Third Street SW., Washington, DC 
20416
Phone: 202 205-6485

RIN: 3245-AE00
_______________________________________________________________________




3911.  HUBZONE PROGRAM

Priority:  Other Significant. Major status under 5 USC 801 is 
undetermined.

Legal Authority:  PL 105-135

CFR Citation:  13 CFR 126

Legal Deadline:  Final, Statutory, June 2, 1998.

Abstract: SBA will be publishing regulations to implement SBA's HUBZone 
program. The regulations will set forth program requirements for 
qualification as a HUBZone small business concern, the Federal 
contracting assistance available to qualified HUBZone small business 
concerns, and other aspects of the program.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/98
NPRM Comment Period End         05/00/98
Final Action                    06/00/98

Small Entities Affected: Businesses

Government Levels Affected: Undetermined

Procurement: This is a procurement-related action for which there is a 
statutory requirement. There is a paperwork burden associated with this 
action.

Agency Contact: Michael McHale, Assistant Administrator, Procurement 
Policy & Liaison, Small Business Administration
Phone: 202 205-6465

RIN: 3245-AE02
_______________________________________________________________________




3912.  RECORD DISCLOSURE AND PRIVACY REGULATIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  PL 104-231; 5 USC 552

CFR Citation:  13 CFR 102

Legal Deadline: None

Abstract: This proposed regulation will amend 13 CFR section 102 part 
A, governing disclosure of information, to implement the Electronic 
Freedom of Information Act Amendments of 1996.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/98
NPRM Comment Period End         05/00/98
Final Action                    06/00/98

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Beverly Linden, Chief, Freedom of Information Act 
Office, Small Business Administration
Phone: 202 401-8200

RIN: 3245-AE03
_______________________________________________________________________




3913.  CONTRACT BUNDLING PROCUREMENT STRATEGY

Priority:  Substantive, Nonsignificant

Legal Authority:  PL 105-135

CFR Citation:  13 CFR 121; 13 CFR 125

Legal Deadline: None

Abstract: This regulation will implement new statutory authority 
regarding duties and responsibilities of contracting officers and SBA 
in cases of bundled contracts.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/00/98
NPRM Comment Period End         06/00/98
Final Action                    09/00/98
Final Action Effective          10/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is a 
statutory requirement. The agency has not yet determined whether there 
is a paperwork burden associated with this action.

Agency Contact: Calvin Jenkins, Small Business Administration
Phone: 202 205-6412

RIN: 3245-AE04
_______________________________________________________________________




3914.  SMALL BUSINESS DEVELOPMENT CENTER PROGRAM REVISIONS

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 634(b)(6); 15 USC 648

CFR Citation:  13 CFR 130

Legal Deadline: None

[[Page 22869]]

Abstract: SBA is revising its SBDC regulations to reflect programmatic 
changes contained in P.L. 105-305.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/98

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Johnnie Albertson, AA/SBDCs, Small Business 
Administration
Phone: 202 205-6766

RIN: 3245-AE05
_______________________________________________________________________




3915.  SMALL BUSINESS SIZE STANDARDS; CONSTRUCTION AND HEALTH 
CARE INDUSTRIES

Priority:  Economically Significant. Major under 5 USC 801.

Legal Authority:  15 USC 632(a); 15 USC 634(b)(6)

CFR Citation:  13 CFR 121

Legal Deadline: None

Abstract: This regulation proposes changes to SBA's size standards for 
the construction and health care industries.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is no 
statutory requirement. The agency has not yet determined whether there 
is a paperwork burden associated with this action.

Agency Contact: Gary Jackson, AA/Size Standards, Small Business 
Administration
Phone: 202 205-6618

RIN: 3245-AE06
_______________________________________________________________________




3916.  SMALL BUSINESS SIZE STANDARDS; NORTH AMERICAN INDUSTRY 
CLASSIFICATION SYSTEM

Priority:  Economically Significant

Legal Authority:  15 USC 632(a); 15 USC 634(b)(6)

CFR Citation:  13 CFR 121

Legal Deadline: None

Abstract: This proposed regulation will amend our current regulations 
to convert SBA's size standards from the Standard Industrial 
Classification system to conform with OMB's new North American Industry 
Classification system.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is no 
statutory requirement. There is no paperwork burden associated with 
this action.

Agency Contact: Gary Jackson, AA/Size Standards, Small Business 
Administration
Phone: 202 205-6618

RIN: 3245-AE07
_______________________________________________________________________




3917.  SBIC PROGRAM REFORM

Priority:  Economically Significant

Legal Authority:  15 USC 634(b)(6); 15 USC 661 et seq; 15 USC 6833; 15 
USC 687; PL 105-135

CFR Citation:  13 CFR 107

Legal Deadline: None

Abstract: This proposed rule would increase the maximum leverage amount 
for SBICs based on changes in the Consumer Price Index, permit SBICs 
with participating securities to make quarterly tax distributions, 
establish regulatory guidelines for Limited Liability Companies, make 
minor changes in the definition of private capital, and other technical 
changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Leonard Fagan, Investment Division, Small Business 
Administration
Phone: 202 205-6510

RIN: 3245-AE08
_______________________________________________________________________




3918.  PLP LENDERS' RESPONSIBILITIES FOR SERVICING AND 
LIQUIDATING LOANS

Priority:  Economically Significant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(a); 15 USC 634(b)(7)

CFR Citation:  13 CFR 453

Legal Deadline: None

Abstract: SBA is amending 13 CFR to provide PLP lenders guidance on 
submitting liquidation plans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Jane Palsgrove Butler, Acting Associate Administrator 
for Financial Assistance, Small Business Administration
Phone: 202 205-6498

RIN: 3245-AE09
_______________________________________________________________________




3919.  SERVICING OF GUARANTEED LOANS

Priority:  Economically Significant

Legal Authority:  15 USC 634(b); 15 USC 634(b)(7)

CFR Citation:  13 CFR 120.512

Legal Deadline: None

Abstract: SBA is amending 13 CFR section 120.512 to require a lender, 
after SBA honors its guarantee, to service and liquidate the loan and 
continue to hold the loan instruments. SBA is also amending this 
regulation for other technical changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Jane Palsgrove Butler, Acting Associate Administrator 
for Financial Assistance, Small Business Administration
Phone: 202 205-6498

RIN: 3245-AE10

[[Page 22870]]

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SMALL BUSINESS ADMINISTRATION (SBA)                    Final Rule Stage


  



_______________________________________________________________________




3920. SMALL BUSINESS SIZE STANDARDS FOR NATURAL GAS DISTRIBUTION

Priority:  Economically Significant

Legal Authority:  15 USC 632(a); 15 USC 634(b)(6); PL 99-591; PL 99-661

CFR Citation:  13 CFR 121

Legal Deadline: None

Abstract: In 1988, SBA imposed a size standard of 500 employees for the 
recently deregulated natural gas distribution industry firms which now 
compete for Federal natural gas contracts. This action confirms that 
the interim rule has been finalized.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              11/25/88                    53 FR 47663
Final Action                    05/00/98

Small Entities Affected: Businesses

Government Levels Affected: Federal

Agency Contact: Gary M. Jackson, Assistant Administrator for Size 
Standards, Small Business Administration, 409 Third Street SW., 
Washington, DC 20416
Phone: 202 205-6618

RIN: 3245-AB94
_______________________________________________________________________




3921. SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE 
SMALL BUSINESS ADMINISTRATION

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 684; 15 USC 637(a)(18); 15 USC 637(a)(19); EO 
12674

CFR Citation:  5 CFR 5400

Legal Deadline: None

Abstract: This rule is part of SBA's regulatory streamlining effort. 
The SBA and the Office of Government Ethics are jointly issuing this 
rule which is designed to establish uniform standards of ethical 
conduct for the officers and employees of the SBA. The rule will be 
published at 5 CFR ch XLIV and will supplement the Standards of Ethical 
Conduct for Employees of the Executive Branch issued by the Office of 
Government Ethics (57 FR 35006; Aug. 7, 1992). The rule is necessary to 
supplement the standards issued by OGE because it addresses ethical 
issues which are unique to SBA.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              06/00/98
Final Action                    09/00/98

Small Entities Affected: None

Government Levels Affected: Federal

Agency Contact: Robinson S. Nunn, Chief Counsel for Ethics, Small 
Business Administration, 409 Third Street SW., 7th Floor, Washington, 
DC 20416
Phone: 202 205-6642

RIN: 3245-AC96
_______________________________________________________________________




3922. MINORITY SMALL BUSINESS AND CAPITAL OWNERSHIP DEVELOPMENT/SMALL 
DISADVANTAGED BUSINESS STATUS PROTEST AND APPEAL PROCEDURE

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); 15 USC 637(a); 15 USC 636(j)

CFR Citation:  13 CFR 124

Legal Deadline: None

Abstract: This proposal will represent a complete revision and 
streamlining of the regulations pertinent to the provision of 
contractual and managerial assistance to small businesses owned and 
operated by socially and economically disadvantaged individuals.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/14/97                    62 FR 43584
NPRM Comment Period End         10/13/97
Final Action                    05/00/98

Small Entities Affected: Businesses

Government Levels Affected: State, Tribal, Federal

Analysis: Regulatory Flexibility Analysis

Procurement: This is a procurement-related action for which there is no 
statutory requirement. There is no paperwork burden associated with 
this action.

Agency Contact: John W. Klein, Chief Counsel for Special Programs, 
Small Business Administration, 409 Third Street SW., 7th Floor, 
Washington, DC 20416
Phone: 202 205-6645

RIN: 3245-AD83
_______________________________________________________________________




3923. DISASTER LOAN PROGRAM (LOAN INCREASES)

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 636(b)

CFR Citation:  13 CFR 123

Legal Deadline: None

Abstract: This regulation imposes a two year time limit in which the 
borrower of a disaster loan could request an increase in the loan 
amount.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Bernard Kulik, Associate Administrator for Disaster 
Assistance, Small Business Administration
Phone: 202 205-6734

RIN: 3245-AD97
_______________________________________________________________________




3924. DISASTER LOAN PROGRAM (ASSISTANCE TO NON-AGRICULTURAL PORTIONS OF 
BUSINESSES)

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 631(e)

CFR Citation:  13 CFR 123

Legal Deadline: None

Abstract: This regulation allows SBA to provide disaster assistance to 
the non-agricultural portion of a business entity engaged in both 
agricultural and non-agricultural operations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              07/01/97                    62 FR 35337
Final Action                    08/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Bernard Kulik, Associate Administrator for Disaster 
Assistance, Small Business Administration

[[Page 22871]]

Phone: 202 205-6734

RIN: 3245-AD98
_______________________________________________________________________




3925.  SMALL BUSINESS REGULATIONS AND GOVERNMENT CONTRACTING 
ASSISTANCE REGULATIONS; VERY SMALL BUSINESS CONCERNS

Priority:  Other Significant

Legal Authority:  15 USC 632; 15 USC 637(a); 15 USC 644(c); PL 103-403

CFR Citation:  13 CFR 121; 13 CFR 125

Legal Deadline: None

Abstract: This regulation amends SBA's size and government contracting 
assistance regulations to provide for SBA's very small business program 
and a definition of a very small business for SBA's small business set 
aside program.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/21/97                     62 FR 2979
Final Action                    09/00/98

Small Entities Affected: Businesses

Government Levels Affected: None

Procurement: This is a procurement-related action for which there is a 
statutory requirement. There is no paperwork burden associated with 
this action.

Agency Contact: Judith Roussel, AA/Government Contracting, Small 
Business Administration
Phone: 202 205-6460

RIN: 3245-AE01
_______________________________________________________________________


SMALL BUSINESS ADMINISTRATION (SBA)                   Completed Actions


  



_______________________________________________________________________




3926. REVISION OF SMALL BUSINESS INVESTMENT COMPANY REGULATIONS

Priority:  Economically Significant

Legal Authority:  15 USC 634(b)(6); 15 USC 661 et seq; 15 USC 683; 15 
USC 687

CFR Citation:  13 CFR 107

Legal Deadline: None

Abstract: This rule increased minimum capital requirements for SBICs 
licensed after October 1, 1996, increased fees associated with the 
issuance of leverage, changed the timing of leverage fee payments, 
allowed SBA to make leverage commitments to SBICs for up to five years, 
imposed certain conditions on the issuance of leverage by existing 
SBICs that do not meet the new capital requirements, eliminated 
regulations that allowed for the licensing of new Specialized SBICs, 
and made other technical changes.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/14/97                    62 FR 53253
Final Action                    02/05/98                     63 FR 5859
Final Action Effective          02/05/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Saunders Miller, Senior Policy Advisor, Small Business 
Investment Company, Small Business Administration, 409 Third Street 
SW., Suite 6300, Washington, DC 20416
Phone: 202 205-3646

RIN: 3245-AD87
_______________________________________________________________________




3927. REVISING ELIGIBLE PROJECT COSTS FOR 504 LOANS

Priority:  Substantive, Nonsignificant

Legal Authority:  15 USC 634(b)(6); 15 USC 636(a); 15 USC 636(h)

CFR Citation:  13 CFR 120.882

Legal Deadline: None

Abstract: This proposal will amend the eligible project costs for 504 
loans to include up to $2500.00 in legal closing costs, thereby 
allowing them to be included in the amount financed.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn - Merged With 3245-
AD99                            03/09/98

Small Entities Affected: Businesses

Government Levels Affected: None

Agency Contact: Jane Palsgrove Butler, Acting Associate Administrator 
for Financial Assistance, Small Business Administration, 409 Third 
Street SW., Washington, DC 20416
Phone: 202 205-6490

RIN: 3245-AD91
_______________________________________________________________________




3928. SMALL BUSINESS INVESTMENT COMPANIES AMENDMENT TO ALLOW LICENSEE 
STRUCTURE

Priority:  Other Significant

Legal Authority:  15 USC 634(b)(6); 15 USC 661 et seq; 15 USC 681(a); 
PL 104-208

CFR Citation:  13 CFR 107

Legal Deadline: None

Abstract: This proposed rule implements the language contained in PL 
104-208 that provides that SBICs may be licensed as Limited Liability 
Companies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn - Merged With 3245-
AE08                            02/05/98

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Saunders Miller, Senior Policy Advisor, Small Business 
Administration
Phone: 202 205-3646

RIN: 3245-AD96
[FR Doc. 98-8314 Filed 04-24-98; 8:45 am]
BILLING CODE 8025-01-F