[United States Statutes at Large, Volume 118, 108th Congress, 2nd Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

118 STAT. 1131

Public Law 108-306
108th Congress

An Act


 
To provide an additional temporary extension of programs under the Small
Business Act and the Small Business Investment Act of 1958 through
September 30, 2004, and for other purposes. NOTE: Sept. 24,
2004 -  [H.R. 5008]

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. ADDITIONAL TEMPORARY EXTENSION OF PROGRAMS UNDER SMALL
BUSINESS ACT AND SMALL BUSINESS INVESTMENT ACT OF 1958.

The authorization for any program, authority, or provision,
including any pilot program, that was extended through June 4, 2004, by
section 1 of Public Law 108-217 NOTE: Ante, p. 591.  is further
extended through September 30, 2004, under the same terms and
conditions.

SEC. 2. TECHNICAL AMENDMENT.

Section 2 of Public Law 108-205 NOTE: Ante, p. 553.  is amended
by striking ``October 1, 2003'' and inserting ``March 15, 2004''. The
amendment made by the preceding sentence shall take effect as if
included in the enactment of the section to which it relates.

SEC. 3. COMPENSATION OF AGENTS.

Section 5 of the Small Business Act (15 U.S.C. 634) is amended--
(1) in subsection (g)(4), by adding at the end the
following:
``(C) The Administration may contract with an agent
to carry out, on behalf of the Administration, the
assessment and collection of the annual fee established
under section 7(a)(23). The agent may receive, as
compensation for services, any interest earned on the
fee while in the control of the agent before the time at
which the agent is contractually required to remit the
fee to the Administration.''; and
(2) in subsection (h)--
(A) by redesignating paragraph (2) as paragraph (3);
and
(B) by inserting after paragraph (1) the following:
``(2) The agent described in paragraph (1)(B) may be
compensated through any of the fees assessed under this section
and any interest earned on any funds collected by the agent
while such funds are in the control of the agent and before the
time at which the agent is contractually required to transfer

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118 STAT. 1132

such funds to the Administration or to the holders of the trust
certificates, as appropriate.''.

Approved September 24, 2004.

LEGISLATIVE HISTORY--H.R. 5008:
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CONGRESSIONAL RECORD, Vol. 150 (2004):
Sept. 13, considered and passed House.
Sept. 14, considered and passed Senate.