,i #aacth ,,congress #b;d ,session ,h4 ,r4 #dfeb ,,in ,,the ,,house ,,of ,,representatives ,may #i1 #bjad ,mr4 ,tierney 7for himself1 ,mr4 ,cicilline1 ,ms4 ,de,lauro1 ,mr4 ,larsen of ,washington1 ,mr4 ,loebsack1 ,mr4 ,mc,govern1 ,ms4 ,norton1 ,mr4 ,rangel1 ,mr4 ,sarbanes1 ,ms4 ,schakowsky1 ,mr4 ,tonko1 ,ms4 ,tsongas1 ,mr4 ,capuano1 ,mr4 ,payne1 ,mr4 ,crdenas1 ,mr4 ,courtney1 ,ms4 ,duckworth1 ,mr4 ,hastings of ,florida1 ,mr4 ,lowenthal1 ,mr4 ,michaud1 ,mr4 ,owens1 ,mr4 ,pocan1 ,ms4 ,shea-,porter1 and ,mr4 ,lewis7 introduced the following bill2 which was referred to the ,committee on ,small ,business ,a ,,bill ,to increase lending to small businesses4 #a4 ,short title ,this ,act may be cited as the ,increasing ,small ,business ,lending ,act4 #b4 ,fee reductions 7a7 ,administrative provisions small business administration ,until ,september #cj1 #bjae1 and to the extent that the cost of such elimination or reduction of fees is offset by appropriations1 with respect to each loan guaranteed under section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77 and section #c of this ,act1 for which the application is approved on or after the date of enactment of this ,act1 the ,administrator shall-- 7#a7 in lieu of the fee otherwise applicable under section #g7;a77#bc77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#bc77;,a771 collect no fee or reduce fees to the maximum extent possible2 and 7#b7 in lieu of the fee otherwise applicable under section #g7;a77#ah77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#ah77;,a771 collect no fee or reduce fees to the maximum extent possible4 7b7 ,temporary fee elimination for the #ejd loan program 7#a7 ,in general ,until ,september #cj1 #bjae1 and to the extent the cost of such elimination in fees is offset by appropriations1 with respect to each project or loan guaranteed by the ,administrator pursuant to title ,v of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fie et seq47 for which an application is approved or pending approval on or after the date of enactment of this ,act-- 7,a7 the ,administrator shall1 in lieu of the fee otherwise applicable under section #ejc7;d77#b7 of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fig7;d77#b771 collect no fee2 and 7,b7 a development company shall1 in lieu of the processing fee under section #abj4iga7;a77#a7 of title #ac1 ,code of ,federal ,regulations 7relating to fees paid by borrowers71 or any successor thereto1 collect no fee4 7#b7 ,reimbursement for waived fees 7,a7 ,in general ,to the extent that the cost of such payments is offset by appropriations1 the ,administrator shall reimburse each development company that does not collect a processing fee pursuant to paragraph 7#a77;,b74 7,b7 ,amount ,the payment to a development company under subparagraph 7,a7 shall be in an amount equal to #a4e percent of the net debenture proceeds for which the development company does not collect a processing fee pursuant to paragraph 7#a77;,b74 7c7 ,application of fee eliminations ,to the extent that amounts are made available to the ,administrator for the purpose of fee eliminations or reductions under subsection 7a71 the ,administrator shall-- 7#a7 first use any amounts provided to eliminate or reduce fees paid by small business borrowers under clauses 7i7 through 7iii7 of paragraph 7#ah77;,a71 to the maximum extent possible2 7#b7 then use any amounts provided to eliminate or reduce fees under paragraph 7#bc77;,a7 paid by small business lenders with assets less than #a1jjj1jjj1jjj as of the date of enactment2 and 7#c7 then use any remaining amounts appropriated under this ,act to reduce fees paid by small business lenders other than those with assets less than #a1jjj1jjj1jjj4 #c4 ,economic stimulus lending program for small businesses 7a7 ,in general ,the ,administrator may guarantee up to #ij percent of qualifying small business loans made by eligible lenders4 7b7 ,definitions ,for purposes of this section3 7#a7 ,the term ,administrator means the ,administrator of the ,small ,business ,administration4 7#b7 ,the term qualifying small business loan means any loan to a small business concern pursuant to section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7 or title ,v of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fie and following7 except for such loans made under section #g7;a77#ca74 7#c7 ,the term small business concern has the same meaning as provided by section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 7c7 ,nonapplication of section to certain loans 7#a7 ,aliens unlawfully present in the united states ,a loan guarantee may not be made under this section for a loan made to a concern if an individual who is an alien unlawfully present in the ,united ,states-- 7,a7 has an ownership interest in that concern2 or 7,b7 has an ownership interest in another concern that itself has an ownership interest in that concern4 7#b7 ,firms in violation of immigration laws ,no loan guarantee may be made under this section for a loan to any entity found1 based on a determination by the ,secretary of ,homeland ,security or the ,attorney ,general to have engaged in a pattern or practice of hiring1 recruiting or referring for a fee1 for employment in the ,united ,states persons knowing those persons are or would be aliens unlawfully present in the ,united ,states4 7d7 ,criminal background checks ,before approval of any loan guarantee under this section1 the ,administrator may verify the applicant's criminal background1 or lack thereof1 through the best available means1 including1 if possible1 use of the ,national ,crime ,information ,center computer system at the ,federal ,bureau of ,investigation4 7e7 ,application of other law ,nothing in this section shall be construed to exempt any activity of the ,administrator under this section from the ,federal ,credit ,reform ,act of #aiij 7title ,v of the ,congressional ,budget and ,impoundment ,control ,act of #aigd2 #b ,u4,s4,c4 #ffa and following74 7f7 ,small business act provisions ,the provisions of the ,small ,business ,act applicable to loan guarantees under section #g of that ,act and regulations promulgated thereunder as of the date of the enactment of this ,act shall apply to loan guarantees under this section except as otherwise provided in this section4 7g7 ,sunset ,loan guarantees may not be issued under this section later than one year after the date of the enactment of this ,act4 #d4 ,authorization of appropriations ,there are authorized to be appropriated such sums as may be necessary to carry out this ,act4