,i #aacth ,,congress #b;d ,session ,h4 ,r4 #eehd ,,in ,,the ,,house ,,of ,,representatives ,september #ah1 #bjad ,ms4 ,del,bene 7for herself1 ,ms4 ,chu1 ,mr4 ,sean ,patrick ,maloney of ,new ,york1 ,mrs4 ,negrete ,mc,leod1 ,mr4 ,rush1 ,ms4 ,sewell of ,alabama1 ,ms4 ,norton1 ,mr4 ,maffei1 ,mr4 ,serrano1 ,mr4 ,peters of ,california1 and ,ms4 ,brownley of ,california7 introduced the following bill2 which was referred to the ,committee on ,small ,business ,a ,,bill ,to reauthorize the women's business center program of the ,small ,business ,administration1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,women's ,small ,business ,ownership ,act of #bjad4 #b4 ,definition ,in this ,act-- 7#a7 the terms ,administration and ,administrator mean the ,small ,business ,administration and the ,administrator thereof1 respectively2 7#b7 the term disability has the meaning given that term in section #c of the ,americans with ,disabilities ,act of #aiij 7#db ,u4,s4,c4 #abajb72 7#c7 the term microloan program means the program established under section #g7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7m772 7#d7 the term rural small business concern means a small business concern located in a rural area1 as that term is defined in section #acic7;a77#b7 of the ,internal ,revenue ,code of #aihf2 and 7#e7 the terms small business concern1 small business concern owned and controlled by veterans1 and small business concern owned and controlled by women have the meanings given those terms under section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 #c4 ,office of ,women's ,business ,ownership ,section #bi7;g7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7;g77 is amended-- 7#a7 in paragraph 7#b7-- 7,a7 in subparagraph 7,b7-- 7i7 in clause 7i71 by striking 8in the areas0 and all that follows through the end of subclause 7,i71 and inserting the following3 8to address issues concerning the management1 operations1 manufacturing1 technology1 finance1 retail and product sales1 international trade1 ,government contracting1 and other disciplines required for-- 7,i7 starting1 operating1 and increasing the business of a small business concern2 2 and 7ii7 in clause 7ii71 by striking ,women's ,business ,center program each place that term appears and inserting women's business center program2 and 7,b7 in subparagraph 7,c71 by inserting before the period at the end the following3 1 the ,national ,women's ,business ,council1 and any association of women's business centers2 and 7#b7 by adding at the end the following3 7#c7 ,training ,the ,administrator may provide annual programmatic and financial examination training for women's business ownership representatives and district office technical representatives of the ,administration to enable representatives to carry out their responsibilities4 7#d7 ,program and transparency improvements ,the ,administrator shall maximize the transparency of the women's business center financial assistance proposal process and the programmatic and financial examination process by-- 7,a7 providing public notice of any announcement for financial assistance under subsection 7b7 or a grant under subsection 7l72 7,b7 in the announcement described in subparagraph 7,a71 outlining award and program evaluation criteria and describing the weighting of the criteria for financial assistance under subsection 7b7 and grants under subsection 7l72 and 7,c7 not later than #fj days after the completion of a site visit to the women's business center 7whether conducted for an audit1 performance review1 or other reason71 when feasible1 providing to each women's business center a copy of any site visit reports or evaluation reports prepared by district office technical representatives or officers or employees of the ,administration4 4 #d4 ,women's ,business ,center ,program 7a7 ,women's ,business ,center financial assistance ,section #bi of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7 is amended-- 7#a7 in subsection 7a7-- 7,a7 by striking paragraph 7#d72 7,b7 by redesignating paragraphs 7#b7 and 7#c7 as paragraphs 7#d7 and 7#e71 respectively2 7,c7 by inserting after paragraph 7#a7 the following3 7#b7 the term association of women's business centers means an organization-- 7,a7 that represents not less than #ea percent of the women's business centers that participate in a program under this section2 and 7,b7 whose primary purpose is to represent women's business centers2 7#c7 the term eligible entity means-- 7,a7 a private nonprofit organization2 7,b7 a ,state1 regional1 or local economic development organization2 7,c7 a development1 credit1 or finance corporation chartered by a ,state2 7,d7 a junior or community college1 as defined in section #cab7;f7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajeh7;f772 or 7,e7 any combination of entities listed in subparagraphs 7,a7 through 7,d72 2 and 7,d7 by adding after paragraph 7#e71 as so redesignated1 the following3 7#f7 the term women's business center means a project conducted by an eligible entity under this section4 2 7#b7 in subsection 7b7-- 7,a7 by redesignating paragraphs 7#a71 7#b71 and 7#c7 as subparagraphs 7,a71 7,b71 and 7,c71 and adjusting the margins accordingly2 7,b7 by striking ,the ,administration and all that follows through #e-year projects and inserting the following3 7#a7 ,in general ,the ,administration may provide financial assistance to an eligible entity to conduct a project under this section 2 7,c7 by striking ,the projects shall and inserting the following3 7#b7 ,use of funds ,the project shall be designed to provide training and counseling that meets the needs of women1 especially socially and economically disadvantaged women1 and shall 2 and 7,d7 by adding at the end the following3 7#c7 ,amount of financial assistance ,the ,administrator may award financial assistance under this subsection of not more than #bej1jjj per project year4 7#d7 ,consultation with associations of women's business centers ,the ,administrator shall seek advice1 input1 and recommendations for policy changes from any association of women's business centers to develop-- 7,a7 a training program for the staff of women's business centers2 and 7,b7 recommendations to improve the policies and procedures for governing the general operations and administration of the women's business center program1 including grant program improvements under subsection 7g77#d74 2 7#c7 in subsection 7c7-- 7,a7 in paragraph 7#a7 by striking the recipient organization and inserting an eligible entity2 7,b7 in paragraph 7#c71 in the second sentence1 by striking a recipient organization and inserting an eligible entity2 7,c7 in paragraph 7#d7-- 7i7 by striking recipient of assistance and inserting eligible entity2 7ii7 by striking such organization and inserting the eligible entity2 and 7iii7 by striking recipient and inserting eligible entity2 and 7,d7 by adding at the end the following3 7#e7 ,separation of project and funds ,an eligible entity shall-- 7,a7 carry out a project under this section separately from other projects1 if any1 of the eligible entity2 and 7,b7 separately maintain and account for any financial assistance under this section4 2 7#d7 in subsection 7e7-- 7,a7 by striking applicant organization and inserting eligible entity2 7,b7 by striking a recipient organization and inserting an eligible entity2 and 7,c7 by striking site2 7#e7 by striking subsection 7f7 and inserting the following3 7f7 ,applications and criteria for initial financial assistance 7#a7 ,application ,each eligible entity desiring financial assistance under subsection 7b7 shall submit to the ,administrator an application that contains-- 7,a7 a certification that the eligible entity-- 7i7 has designated an executive director or program manager1 who may be compensated using financial assistance under subsection 7b7 or other sources1 to manage the center2 7ii7 as a condition of receiving financial assistance under subsection 7b71 agrees-- 7,i7 to receive a site visit at the discretion of the ,administrator as part of the final selection process2 7,,ii7 to undergo an annual programmatic and financial examination2 and 7,,iii7 to remedy any problems identified pursuant to the site visit or examination under subclause 7,i7 or 7,,ii72 and 7iii7 meets the accounting and reporting requirements established by the ,director of the ,office of ,management and ,budget2 7,b7 information demonstrating that the eligible entity has the ability and resources to meet the needs of the market to be served by the women's business center for which financial assistance under subsection 7b7 is sought1 including the ability to obtain the non-,federal contribution required under subsection 7c72 7,c7 information relating to the assistance to be provided by the women's business center for which financial assistance under subsection 7b7 is sought in the area in which the women's business center is located2 7,d7 information demonstrating the experience and effectiveness of the eligible entity in-- 7i7 conducting financial1 management1 and marketing assistance programs1 as described in subsection 7b77#b71 which are designed to teach or upgrade the business skills of women who are business owners or potential business owners2 7ii7 providing training and services to a representative number of women who are socially and economically disadvantaged2 and 7iii7 working with resource partners of the ,administration and other entities1 such as universities2 and 7,e7 a #e-year plan that describes the ability of the women's business center for which financial assistance is sought-- 7i7 to serve women who are business owners or potential business owners by conducting training and counseling activities2 and 7ii7 to provide training and services to a representative number of women who are socially and economically disadvantaged4 7#b7 ,review and approval of applications for initial financial assistance 7,a7 ,in general ,the ,administrator shall-- 7i7 review each application submitted under paragraph 7#a71 based on the information described in such paragraph and the criteria set forth under subparagraph 7,b7 of this paragraph2 and 7ii7 to the extent practicable1 as part of the final selection process1 conduct a site visit to each women's business center for which financial assistance under subsection 7b7 is sought4 7,b7 ,selection criteria 7i7 ,in general ,the ,administrator shall evaluate applicants for financial assistance under subsection 7b7 in accordance with selection criteria that are-- 7,i7 established before the date on which applicants are required to submit the applications2 7,,ii7 stated in terms of relative importance2 and 7,,iii7 publicly available and stated in each solicitation for applications for financial assistance under subsection 7b7 made by the ,administrator4 7ii7 ,required criteria ,the selection criteria for financial assistance under subsection 7b7 shall include-- 7,i7 the experience of the applicant in conducting programs or ongoing efforts designed to teach or enhance the business skills of women who are business owners or potential business owners2 7,,ii7 the ability of the applicant to begin a project within a minimum amount of time1 as established under the program announcement or by regulation2 7,,iii7 the ability of the applicant to provide training and services to a representative number of women who are socially and economically disadvantaged2 and 7,,iv7 the location for the women's business center proposed by the applicant1 including whether the applicant is located in a ,state in which there is not a women's business center receiving funding from the ,administration4 7,c7 ,proximity ,if the principal place of business of an applicant for financial assistance under subsection 7b7 is located less than #ej miles from the principal place of business of a women's business center that received funds under this section on or before the date of the application1 the applicant shall not be eligible for the financial assistance1 unless the applicant submits a detailed written justification of the need for an additional center in the area in which the applicant is located4 7,d7 ,record retention ,the ,administrator shall maintain a copy of each application submitted under this subsection for not less than #g years4 2 and 7#f7 in subsection 7m7-- 7,a7 by striking paragraph 7#c7 and inserting the following3 7#c7 ,application and approval for renewal grants 7,a7 ,solicitation of applications ,the ,administrator shall solicit applications and award grants under this subsection for the first fiscal year beginning after the date of enactment of the ,women's ,small ,business ,ownership ,act of #bjad1 and every third fiscal year thereafter4 7,b7 ,contents of application ,each eligible entity desiring a grant under this subsection shall submit to the ,administrator an application that contains-- 7i7 a certification that the applicant-- 7,i7 is an eligible entity2 7,,ii7 has designated an executive director or program manager to manage the women's business center operated by the applicant2 and 7,,iii7 as a condition of receiving a grant under this subsection1 agrees-- 7aa7 to receive a site visit as part of the final selection process2 7bb7 to submit1 for the #b full fiscal years before the date on which the application is submitted1 annual programmatic and financial examination reports or certified copies of the compliance supplemental audits under ,,omb ,circular ,a-#acc of the applicant2 and 7cc7 to remedy any problem identified pursuant to the site visit or examination under item 7aa7 or 7bb72 7ii7 information demonstrating that the applicant has the ability and resources to meet the needs of the market to be served by the women's business center for which a grant under this subsection is sought1 including the ability to obtain the non-,federal contribution required under paragraph 7#d77;,c72 7iii7 information relating to assistance to be provided by the women's business center in the area served by the women's business center for which a grant under this subsection is sought2 7iv7 information demonstrating that the applicant has worked with resource partners of the ,administration and other entities2 7v7 a #c-year plan that describes the ability of the women's business center for which a grant under this subsection is sought-- 7,i7 to serve women who are business owners or potential business owners by conducting training and counseling activities2 and 7,,ii7 to provide training and services to a representative number of women who are socially and economically disadvantaged2 and 7vi7 any additional information that the ,administrator may reasonably require4 7,c7 ,review and approval of applications for grants 7i7 ,in general ,the ,administrator shall-- 7,i7 review each application submitted under subparagraph 7,b71 based on the information described in such subparagraph and the criteria set forth under clause 7ii7 of this subparagraph2 and 7,,ii7 at the discretion of the ,administrator1 and as part of the final selection process1 conduct a site visit to each women's business center for which a grant under this subsection is sought4 7ii7 ,selection criteria 7,i7 ,in general ,the ,administrator shall evaluate applicants for grants under this subsection in accordance with selection criteria that are-- 7aa7 established before the date on which applicants are required to submit the applications2 7bb7 stated in terms of relative importance2 and 7cc7 publicly available and stated in each solicitation for applications for grants under this subsection made by the ,administrator4 7,,ii7 ,required criteria ,the selection criteria for a grant under this subsection shall include-- 7aa7 the total number of entrepreneurs served by the applicant2 7bb7 the total number of new startup companies assisted by the applicant2 7cc7 the percentage of clients of the applicant that are socially or economically disadvantaged2 and 7dd7 the percentage of individuals in the community served by the applicant who are socially or economically disadvantaged4 7iii7 ,conditions for continued funding ,in determining whether to make a grant under this subsection1 the ,administrator-- 7,i7 shall consider the results of the most recent evaluation of the women's business center for which a grant under this subsection is sought1 and1 to a lesser extent1 previous evaluations2 and 7,,ii7 may withhold a grant under this subsection1 if the ,administrator determines that the applicant has failed to provide the information required to be provided under this paragraph1 or the information provided by the applicant is inadequate4 7,d7 ,notification ,not later than #fj days after the date of each deadline to submit applications1 the ,administrator shall approve or deny any application under this paragraph and notify the applicant for each such application of the approval or denial4 7,e7 ,record retention ,the ,administrator shall maintain a copy of each application submitted under this paragraph for not less than #g years4 2 and 7,b7 by striking paragraph 7#e7 and inserting the following3 7#e7 ,award to previous recipients ,there shall be no limitation on the number of times the ,administrator may award a grant to an applicant under this subsection4 4 7b7 ,technical and conforming amendments ,section #bi of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7 is amended-- 7#a7 in subsection 7h77#b71 by striking to award a contract 7as a sustainability grant7 under subsection 7l7 or2 7#b7 in subsection 7j77#a71 by striking ,the ,administration and inserting ,not later than ,november #a of each year1 the ,administrator2 7#c7 in subsection 7k7-- 7,a7 by striking paragraphs 7#a7 and 7#d72 7,b7 by redesignating paragraph 7#c7 as paragraph 7#d72 7,c7 by inserting before paragraph 7#b7 the following3 7#a7 ,in general ,there are authorized to be appropriated to the ,administration to carry out this section1 to remain available until expended1 #bf1gej1jjj for each of fiscal years #bjae through #bjai4 2 and 7,d7 by inserting after paragraph 7#b7 the following3 7#c7 ,continuing grant and cooperative agreement authority 7,a7 ,prompt disbursement ,upon receiving funds to carry out this section for a fiscal year1 the ,administrator shall1 to the extent practicable1 promptly reimburse funds to any women's business center awarded financial assistance under this section if the center meets the eligibility requirements under this section4 7,b7 ,suspension or termination ,if the ,administrator has entered into a grant or cooperative agreement with a women's business center under this section1 the ,administrator may not suspend or terminate the grant or cooperative agreement1 unless the ,administrator-- 7i7 provides the women's business center with written notification setting forth the reasons for that action2 and 7ii7 affords the women's business center an opportunity for a hearing1 appeal1 or other administrative proceeding under chapter #e of title #e1 ,united ,states ,code4 2 7#d7 in subsection 7m7-- 7,a7 in paragraph 7#b71 by striking subsection 7b7 or 7l7 and inserting this subsection or subsection 7b72 and 7,b7 in paragraph 7#d77;,d71 by striking or subsection 7l72 and 7#e7 by redesignating subsections 7m71 7n71 and 7o71 as amended by this ,act1 as subsections 7l71 7m71 and 7n71 respectively4 7c7 ,effect on existing grants 7#a7 ,terms and conditions ,a nonprofit organization receiving a grant under section #bi7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7m771 as in effect on the day before the date of enactment of this ,act1 shall continue to receive the grant under the terms and conditions in effect for the grant on the day before the date of enactment of this ,act1 except that the nonprofit organization may not apply for a renewal of the grant under section #bi7m77#e7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7m77#e771 as in effect on the day before the date of enactment of this ,act4 7#b7 ,length of renewal grant ,the ,administrator may award a grant under section #bi7l7 of the ,small ,business ,act1 as so redesignated by subsection 7a77#e7 of this section1 to a nonprofit organization receiving a grant under section #bi7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7m771 as in effect on the day before the date of enactment of this ,act1 for the period-- 7,a7 beginning on the day after the last day of the grant agreement under such section #bi7m72 and 7,b7 ending at the end of the third fiscal year beginning after the date of enactment of this ,act4 #e4 ,matching requirements under women's business center program 7a7 ,in general ,section #bi7;c7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7;c771 as amended by section #d of this ,act1 is amended-- 7#a7 in paragraph 7#a71 by striking ,as a condition and inserting ,subject to paragraph 7#f71 as a condition2 and 7#b7 by adding at the end the following3 7#f7 ,waiver of non-,federal share relating to technical assistance and counseling 7,a7 ,in general ,upon request by a recipient organization1 and in accordance with this paragraph1 the ,administrator may waive1 in whole or in part1 the requirement to obtain non-,federal funds under this subsection for the technical assistance and counseling activities of the recipient organization carried out using financial assistance under this section for a fiscal year4 ,the ,administrator may not waive the requirement for a recipient organization to obtain non-,federal funds under this paragraph for more than a total of #b consecutive fiscal years4 7,b7 ,considerations ,in determining whether to waive the requirement to obtain non-,federal funds under this paragraph1 the ,administrator shall consider-- 7i7 the economic conditions affecting the recipient organization2 7ii7 the impact a waiver under this clause would have on the credibility of the women's business center program under this section2 7iii7 the demonstrated ability of the recipient organization to raise non-,federal funds2 and 7iv7 the performance of the recipient organization4 7,c7 ,limitation ,the ,administrator may not waive the requirement to obtain non-,federal funds under this paragraph if granting the waiver would undermine the credibility of the women's business center program under this section4 7#g7 ,solicitation ,notwithstanding any other provision of law1 a recipient organization may-- 7,a7 solicit cash and in-kind contributions from private individuals and entities to be used to carry out the activities of the recipient organization under the project conducted under this section2 and 7,b7 use amounts made available by the ,administration under this section for the cost of such solicitation and management of the contributions received4 4 7b7 ,regulations 7#a7 ,in general ,the ,administrator shall-- 7,a7 except as provided in paragraph 7#b71 and not later than #a year after the date of enactment of this ,act1 publish in the ,federal ,register proposed regulations by the ,administrator to carry out the amendments made to section #bi of the ,small ,business ,act by this ,act2 and 7,b7 accept public comments on such proposed regulations for not less than #fj days4 7#b7 ,existing proposed regulations ,paragraph 7#a77;,a7 shall not apply to the extent proposed regulations by the ,administrator have been published on the date of enactment of this ,act that are sufficient to carry out the amendments made to section #bi of the ,small ,business ,act by this ,act4 #f4 ,study and report on economic issues facing women's business centers 7a7 ,study ,the ,comptroller ,general of the ,united ,states shall conduct a broad study of the unique economic issues facing women's business centers located in covered areas to identify-- 7#a7 the difficulties such centers face in raising non-,federal funds2 7#b7 the difficulties such centers face in competing for financial assistance1 non-,federal funds1 or other types of assistance2 7#c7 the difficulties such centers face in writing grant proposals2 and 7#d7 other difficulties such centers face because of the economy in the type of covered area in which such centers are located4 7b7 ,report ,not later than #a year after the date of enactment of this ,act1 the ,comptroller ,general shall submit to ,congress a report containing the results of the study under subsection 7a71 which shall include recommendations1 if any1 regarding how to-- 7#a7 address the unique difficulties women's business centers located in covered areas face because of the type of covered area in which such centers are located2 7#b7 expand the presence of1 and increase the services provided by1 women's business centers located in covered areas2 and 7#c7 best use technology and other resources to better serve women business owners located in covered areas4 7c7 ,definition of covered area ,in this section1 the term covered area means-- 7#a7 any ,state that is predominantly rural1 as determined by the ,administrator2 7#b7 any ,state that is predominantly urban1 as determined by the ,administrator2 and 7#c7 any ,state or territory that is an island4 #g4 ,study and report on oversight of women's business centers 7a7 ,study ,the ,comptroller ,general of the ,united ,states shall conduct a study of the oversight of women's business centers by the ,administrator1 which shall include-- 7#a7 an analysis of the coordination by the ,administrator of the activities of women's business centers with the activities of small business development centers1 the ,service ,corps of ,retired ,executives1 and ,veteran ,business ,outreach ,centers2 7#b7 a comparison of the types of individuals and small business concerns served by women's business centers and the types of individuals and small business concerns served by small business development centers1 the ,service ,corps of ,retired ,executives1 and ,veteran ,business ,outreach ,centers2 and 7#c7 an analysis of performance data for women's business centers that evaluates how well women's business centers are carrying out the mission of women's business centers and serving individuals and small business concerns4 7b7 ,report ,not later than #a year after the date of enactment of this ,act1 the ,comptroller ,general shall submit to ,congress a report containing the results of the study under subsection 7a71 which shall include recommendations1 if any1 for eliminating the duplication of services provided by women's business centers1 small business development centers1 the ,service ,corps of ,retired ,executives1 and ,veteran ,business ,outreach ,centers4 #h4 ,sole source contracts for small business concerns owned and controlled by women 7a7 ,in general ,section #h7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcg7m77 is amended by adding at the end the following3 7#g7 ,authority for sole source contracts for economically disadvantaged small business concerns owned and controlled by women in underrepresented industries ,a contracting officer may award a sole source contract under this subsection to a small business concern owned and controlled by women that meets the requirements under paragraph 7#b77;,a7 if-- 7,a7 the small business concern owned and controlled by women is in an industry in which small business concerns owned and controlled by women are underrepresented1 as determined by the ,administrator2 7,b7 the contracting officer determines that the small business concern owned and controlled by women is a responsible contractor with respect to performance of the contract opportunity2 7,c7 the anticipated award price of the contract1 including options1 is not more than-- 7i7 #f1ejj1jjj1 in the case of a contract opportunity assigned a ,north ,american ,industry ,classification ,system code for manufacturing2 or 7ii7 #d1jjj1jjj1 in the case of any other contract opportunity2 and 7,d7 in the estimation of the contracting officer1 the contract award can be made at a fair and reasonable price4 7#h7 ,authority for sole source contracts for small business concerns owned and controlled by women in substantially underrepresented industries ,a contracting officer may award a sole source contract under this subsection to a small business concern owned and controlled by women that meets the requirements under paragraph 7#b77;,e7 if-- 7,a7 the small business concern owned and controlled by women is in an industry in which small business concerns owned and controlled by women are substantially underrepresented1 as determined by the ,administrator2 7,b7 the contracting officer determines that the small business concern owned and controlled by women is a responsible contractor with respect to performance of the contract opportunity2 7,c7 the anticipated award price of the contract1 including options1 is not more than-- 7i7 #f1ejj1jjj1 in the case of a contract opportunity assigned a ,north ,american ,industry ,classification ,system code for manufacturing2 or 7ii7 #d1jjj1jjj1 in the case of any other contract opportunity2 and 7,d7 in the estimation of the contracting officer1 the contract award can be made at a fair and reasonable price4 4 7b7 ,reporting on goals for sole source contracts for small business concerns owned and controlled by women ,section #ae7;h77#b77;,e77viii7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fdd7;h77#b77;,e77viii77 is amended-- 7#a7 in subclause 7,,iv71 by striking and at the end2 7#b7 by redesignating subclause 7,v7 as subclause 7,,viii72 and 7#c7 by inserting after subclause 7,,iv7 the following3 7,v7 through sole source contracts awarded under section #h7m77#g72 7,,vi7 through sole source contracts awarded under section #h7m77#h72 7,,vii7 by industry for contracts described in subclause 7,,iii71 7,,iv71 7,v71 or 7,,vi72 and 4 7c7 ,deadline for report on underrepresented industries accelerated ,section #bi7o77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7o77#b77 is amended-- 7#a7 by striking #e years after the date of enactment of this subsection and inserting ,january #b1 #bjae2 and 7#b7 by striking #e-year period and inserting #b-year or #e-year period1 as applicable14 7d7 ,technical and conforming amendments ,section #h7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcg7m77 is amended-- 7#a7 in paragraph 7#b77;,c71 by striking paragraph 7#c7 and inserting paragraph 7#d72 and 7#b7 in paragraph 7#e71 by striking paragraph 7#b77;,f7 each place it appears and inserting paragraph 7#b77;,e74 #i4 ,small business intermediary lending program ,section #g7l7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7l77 is amended-- 7#a7 in the subsection heading1 by striking ,pilot2 7#b7 in paragraph 7#a77;,b71 by striking pilot2 7#c7 in paragraph 7#b7-- 7,a7 by striking #c-year 2 and 7,b7 by striking pilot2 7#d7 in paragraph 7#d7-- 7,a7 by striking subparagraph 7,b7 and inserting the following3 7,b7 ,loan limits 7i7 ,in general ,no single loan to an eligible intermediary under this subsection may exceed #a1jjj1jjj4 7ii7 ,total amount ,the total amount outstanding and committed to an eligible intermediary by the ,administrator under the ,program may not exceed #e1jjj1jjj4 2 and 7,b7 by striking subparagraph 7,g7 and inserting the following3 7,g7 ,maximum amounts ,the ,administrator may make loans under the ,program-- 7i7 during each of fiscal years #bjae1 #bjaf1 and #bjag1 in a total amount of not more than #bj1jjj1jjj2 and 7ii7 during fiscal year #bjah and each fiscal year thereafter1 using such amounts as are made available for the ,program4 2 and 7#e7 by striking paragraph 7#f74 #aj4 ,access to capital for small business concerns 7a7 ,microloan program ,section #g7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7m77 is amended-- 7#a7 in paragraph 7#a77;,b77i71 by striking short-term12 7#b7 in paragraph 7#c77;,c71 by striking #e1jjj1jjj and inserting #g1jjj1jjj2 7#c7 in paragraph 7#d7-- 7,a7 by striking subparagraph 7,e72 and 7,b7 by redesignating subparagraph 7,f7 as subparagraph 7,e72 7#d7 in paragraph 7#f7-- 7,a7 in subparagraph 7,a71 by striking short-term12 and 7,b7 by adding at the end the following3 7,f7 ,report to commercial credit reporting agencies ,the ,administrator shall establish a process under which an intermediary that makes a loan to a small business concern under this paragraph shall provide to #a or more of the commercial credit reporting agencies1 through the ,administration or independently1 including through third party intermediaries1 information on the small business concern that is relevant to credit reporting1 including the payment activity of the small business concern on the loan4 2 7#e7 in paragraph 7#g7-- 7,a7 by striking ,program and all that follows through ,under and inserting the following3 ,number of participants4--,under2 and 7,b7 by striking subparagraph 7,b72 7#f7 in paragraph 7#h71 by striking such intermediaries and all the follows through the period at the end and inserting the following3 intermediaries that serve a diversity of geographic areas in the ,united ,states to ensure appropriate availability of loans for small business concerns in all industries that are located in metropolitan1 nonmetropolitan1 and rural areas42 and 7#g7 in paragraph 7#aa77;,b71 by striking short-term14 7b7 ,guarantee fee waiver ,during fiscal year #bjaf1 the ,administrator may not collect a guarantee fee under section #g7;a77#ah77;,a77i7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#ah77;,a77i77 with respect to a loan guaranteed under section #g7;a7 of such ,act1 unless amounts are made available to the ,administrator to subsidize the cost of guaranteeing such loans for fiscal year #bjaf4 7c7 ,annual report 7#a7 ,in general ,not later than #a year after the date of enactment of this ,act1 and every year thereafter1 the ,office of ,capital ,access of the ,administration shall submit to the ,committee on ,small ,business and ,entrepreneurship of the ,senate and the ,committee on ,small ,business of the ,house of ,representatives a report on assistance provided by the ,administration under-- 7,a7 section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a772 7,b7 the microloan program2 7,c7 part ,a of title ,,iii of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fha et seq472 and 7,d7 section #ejb of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fif74 7#b7 ,requirement ,each report required under paragraph 7#a7 shall include1 for the year preceding the date on which the report is submitted-- 7,a7 for each type of assistance described under subparagraphs 7,a71 7,b71 and 7,d7 of paragraph 7#a7-- 7i7 the number of loans made by the ,administration2 7ii7 the total amount of loans made by the ,administration2 7iii7 the percentage of the number and total amount of loans made by the ,administration to-- 7,i7 rural small business concerns2 7,,ii7 small business concerns owned and controlled by individuals with a disability2 7,,iii7 small business concerns owned and controlled by low-income individuals1 broken down by each racial or ethnic minority group of which those individuals are members2 7,,iv7 small business concerns owned and controlled by veterans2 7,v7 small business concerns owned and controlled by women2 and 7,,vi7 small business concerns owned and controlled by members of a racial or ethnic minority group1 broken down by each such racial or ethnic minority group2 and 7iv7 the number of jobs created and retained by borrowers as a result of such assistance2 and 7,b7 for assistance described under subparagraph 7,c7 of paragraph 7#a7-- 7i7 the number of investments made by small business investment companies2 7ii7 the total amount of equity capital provided and loans made by small business investment companies2 7iii7 the percentage of the number of investments and loans made and total amount of equity capital provided by small business investment companies to-- 7,i7 rural small business concerns2 7,,ii7 small business concerns owned and controlled by individuals with a disability2 7,,iii7 small business concerns owned and controlled by low-income individuals1 broken down by each racial or ethnic minority group of which those individuals are members2 7,,iv7 small business concerns owned and controlled by veterans2 7,v7 small business concerns owned and controlled by women2 and 7,,vi7 small business concerns owned and controlled by members of a racial or ethnic minority group1 broken down by each such racial or ethnic minority group2 7iv7 the number of jobs created and retained by small business concerns as a result of investments made by small business investment companies2 and 7v7 the number of licenses issued by the ,administration under section #cja7;c7 of the ,small ,business ,investment ,act 7#ae ,u4,s4,c4 #fha7;c771 including the percentage of licenses issued to entities headed by a woman or a member of a racial or ethnic minority1 respectively4 #aa4 ,sense of the ,house ,it is the sense of the ,house of ,representatives that-- 7#a7 access to capital for small business concerns owned and controlled by women comes from a variety of sources1 including important contributions and early investments from angel capital and other venture capital investors2 and 7#b7 those investors should continue to work to develop small business concerns owned and controlled by women to expand the rate at which those women receive venture investment4