,i #aac? ,,congress #b;d ,session ,h4 ,r4 #efjj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ah1 #bjad ,mr4 ,graves ( ,miss\ri introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,a ,,bill ,to am5d ! ,small ,bus9ess ,act to e/abli% rules = fran*isee eligibility = f9ancial assi/ance "u c]ta9 small bus9ess programs4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,fran*ise ,f9anc+ ,improvem5t ,act ( #bjad4 #b4 ,eligibility = f9ancial assi/ance ,section #b ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fca7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7k7 ,! ,adm9i/rator %all make f9ancial assi/ance available to fran*isees "u ?is ,act or titles ,,iii & ,v ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh if ! fran*isee is n affiliat$ ) ! fran*isor pursuant to section #c ( ?is ,act4 4 #c4 ,affiliation rules = fran*isees ,section #c7;a77#e7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7;a77#e77 is am5d$ by add+ at ! end ! foll[+ new subp>agraphs3 7,c7 ,eligibility ( fran*isees ,= purposes ( det]m9+ eligibility ( fran*isees = f9ancial assi/ance "u ?is ,act or titles ,,iii & ,v ( ! ,small ,bus9ess ,act1 a fran*isee %all n be consid]$ affiliat$ ) ! fran*isor if-- 7i7 ! fran*isor has fil$ a disclosure docum5t pursuant to-- 7,i7 "p #dcf ( title #af1 ,code ( ,f$]al ,regulations 7or any successor regulation72 or 7,,ii7 any law or regulation ( a ,/ate or t]ritory t m&ates disclosure ( in=mation to a fran*isee2 & 7ii7 ! fran*isee1 ^u default on a loan 7:e!r gu>ante$ by ! ,adm9i/rator or n7 has no ability to obta9 f9ancial assi/ance f ! fran*isor to repay su* loan4 ,= purposes ( ?is clause1 a fran*isor's au?ority to repur*ase ! fran*ise = failure to comply ) ! t]ms & conditions ( ! fran*ise agreem5t or h ! "r ( fir/ refusal to pur*ase ! fran*ise f ! fran*isee %all n be consid]$ f9ancial assi/ance to repay loans issu$ to ! fran*isee4 7,d7 ,def9itions ,= ! purposes ( subp>agraph 7,c71 ! t]ms fran*isor & fran*isee h ! mean+ giv5 ^? t]ms 9 section #dcf4a ( title #af1 ,code ( ,f$]al ,regulations z ( ,janu>y #a1 #bjad1 or any successor regulation4 4 #d4 ,issuance ( regulations 7a7 ,! ,adm9i/rator1 aft] ! opportunity = notice & comm5t1 %all issue regulations to implem5t ?is ,act )9 #abj days ( enactm5t4 7b7 ,if ! ,adm9i/rator fails to promulgate su* regulations1 ! ,adm9i/rator %all1 unless !re is cle> & conv9c+ evid5ce ( fraud1 honor ! t]ms & conditions ( any gu>antee issu$ by ! ,adm9i/rator pursuant to ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fca et seq47 or titles ,,iii & ,v ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #ffa et seq47 )\t reg>d to :e!r ! entity compli$ ) any ,/&>d ,op]at+ ,proc$ure issu$ by ! ,adm9i/rator until su* "t z ! ,adm9i/rator issues regulations "u subsection 7a74 7c7 ,= purposes ( subsection 7b71 ! t]m ,/&>d ,op]at+ ,proc$ure %all h ! mean+ giv5 ! t]m ,s,o,ps 9 section #abj4aj ( title #ac1 ,code ( ,f$]al ,regulations z 9 effect on ,janu>y #a1 #bjad1 or any successor regulation4