,,ib  ,union ,cal5d> ,no4 #cdb  #aac?   
,,congress  #b;d ,session  ,h4 ,r4 #ggf 
,report ,no4 #aac-dfb1 ,p>ts ,i & ,,ii  
,,9 ,,! ,,h\se ,,( ,,repres5tatives     
,febru>y #ae1 #bjac ,mr4 ,hanna 7=      
himself & ,mr4 ,graves ( ,miss\ri7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ! ,judici>y1 & 9       
addition to ! ,committee on ,small      
,bus9ess1 = a p]iod to be subsequ5tly   
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$    
,may #ba1 #bjad ,additional sponsors3   
,ms4 ,m5g1 ,mr4 ,luetkemey]1 ,mr4       
,coll9s ( ,new ,york1 ,ms4 ,mi*elle     
,lujan ,gri%am ( ,new ,mexico1 & ,mr4   
,griff9 ( ,arkansas  ,may #ba1 #bjad    
,report$ f ! ,committee on ! ,judici>y )
 an am5dm5t ,/rike out all aft] ! enact+
 clause & ins]t ! "p pr9t$ 9 italic     
,may #ba1 #bjad ,report$ f ! ,committee 
on ,small ,bus9ess ) am5dm5ts2 committ$ 
to ! ,committee ( ! ,:ole ,h\se on !    
,/ate ( ! ,union & ord]$ to be pr9t$    

,/rike out all aft] ! enact+ clause &   
ins]t ! "p pr9t$ 9 boldface roman  ,a   
,,bill  ,to am5d title #ca1 ,unit$      
,/ates ,code1 to revise requirem5ts     
relat$ to assets pl$g$ by a surety1 & = 
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,security 9 ,bond+ ,act
 ( #bjac4  #b4 ,surety bond requirem5ts 
,*apt] #ic ( subtitle ,,vi ( title #ca1 
,unit$ ,/ates ,code1 is am5d$--  7#a7 by
 add+ at ! end ! foll[+3  #icaj4        
,individual sureties ,if ano!r          
applicable law or regulation p]mits !   
acceptance ( a bond f a surety t is n   
subject to sections #icje & #icjf & is  
bas$ on a pl$ge ( assets by ! surety1 ! 
assets pl$g$ by su* surety %all--  7#a7 
consi/ ( eligible obligations describ$  
"u section #icjc7;a72 &  7#b7 be        
submitt$ to ! (ficial ( ! ,gov]nm5t     
requir$ to approve or accept ! bond1 :o 
%all deposit ! assets ) a depository    
describ$ "u section #icjc7;b74  2 &     
7#b7 9 ! table ( cont5ts = su* *apt]1 by
 add+ at ! end ! foll[+3  #icaj4        

,individual sureties4  4  #c4 ,,sba     
surety bond gu>antee ,section           
#daa7;c77#a7 ( ! ,small ,bus9ess        
,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4   
#fid;b7c77#a77 is am5d$ by /rik+ #gj &  
ins]t+ #ij4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,security 9 ,bond+ ,act 
( #bjad4  #b4 ,surety bond requirem5ts  
,*apt] #ic ( subtitle ,,vi ( title #ca1 
,unit$ ,/ates ,code1 is am5d$--  7#a7 by
 add+ at ! end ! foll[+3  #icaj4        
,individual sureties ,if ano!r          
applicable law or regulation p]mits !   
acceptance ( a bond f a surety t is n   
subject to sections #icje & #icjf & is  
bas$ on a pl$ge ( assets by ! surety1 ! 
assets pl$g$ by su* surety %all--  7#a7 
consi/ ( eligible obligations describ$  
"u section #icjc7;a72 &  7#b7 be        
submitt$ to ! (ficial ( ! ,gov]nm5t     
requir$ to approve or accept ! bond1 :o 
%all deposit ! assets ) a depository    
describ$ "u section #icjc7;b74  2 &     
7#b7 9 ! table ( cont5ts = su* *apt]1 by
 add+ at ! end ! foll[+3  #icaj4        

,individual sureties4  4  #c4 ,,sba     
surety bond gu>antee ,section           
#daa7;c77#a7 ( ! ,small ,bus9ess        
,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4   
#fid;b7c77#a77 is am5d$ by /rik+ #gj &  
ins]t+ #ij4  #d4 ,,gao ,/udy  7a7 ,/udy 
,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates 
%all c>ry out a /udy on ! foll[+3  7#a7 
,all in/ances dur+ ! #aj-ye> p]iod prior
 to ! date ( enactm5t ( ! ,act 9 :i* a  
surety bond propos$ or issu$ by a surety
 9 connection ) a ,f$]al project 0--    
7,a7 reject$ by a ,f$]al contract+      
(fic]2 or  7,b7 accept$ by a ,f$]al     
contract+ (fic]1 b 0 lat] f\nd to h be5 
back$ by insuffici5t collat]al or to be 
o!rwise defici5t or ) respect to :i* !  
surety did n p]=m4  7#b7 ,! consequ5ces 
to ! ,f$]al ,gov]nm5t1 subcontractors1 &
 suppli]s ( ! in/ances describ$ "u      
p>agraph 7#a74  7#c7 ,! p]c5tages ( all 
,f$]al contracts t 7 aw>d$ to new />tup 
bus9esses 7includ+ new />tup bus9esses t
 are small disadvantag$ bus9esses or    
disadvantag$ bus9ess ent]prises71 small 

disadvantag$ bus9esses1 & disadvantag$  
bus9ess ent]prises z prime contractors 9
 ! #b-ye> p]iod prior to & ! #b-ye>     
p]iod foll[+ ! date ( enactm5t ( ?is    
,act1 & an assessm5t ( ! impact ( ?is   
,act & ! am5dm5ts made by ?is ,act ^u   
su* p]c5tages4  7b7 ,report ,n lat] ?an 
! end ( ! #c-ye> p]iod beg9n+ on ! date 
( ! enactm5t ( ?is ,act1 ! ,comptroll]  
,g5]al %all issue a report to !         
,committee on ! ,judici>y ( ! ,h\se (   
,repres5tatives & ! ,committee on       
,homel& ,security & ,gov]nm5t ,affairs (
 ! ,s5ate conta9+ all f9d+s &           
det]m9ations made 9 c>ry+ out ! /udy    
requir$ "u subsection 7a74  7c7         
,def9itions ,= purposes ( ?is section3  
7#a7 ,disadvantag$ bus9ess ent]prise ,! 
t]m disadvantag$ bus9ess ent]prise has !
 mean+ giv5 t t]m "u section #bf4e (    
title #di1 ,code ( ,f$]al ,regulations4 
7#b7 ,new />tup bus9ess ,! t]m new />tup
 bus9ess means a bus9ess t 0 =m$ 9 !    
#b-ye> p]iod end+ on ! date on :i* !    
bus9ess bids on a ,f$]al contract t     

requires giv+ a surety bond4  7#c7      
,small disadvantag$ bus9ess ,! t]m small
 disadvantag$ bus9ess has ! mean+ giv5 t
 t]m "u section #abd4ajjb7;b7 ( title   
#ac1 ,code ( ,f$]al ,regulations4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,security 9 ,bond+ ,act ( #bjad4  #b4   
,,sba surety bond gu>antee ,section     
#daa7;c77#a7 ( ! ,small ,bus9ess        
,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4   
#fid;b7c77#a77 is am5d$ by /rik+ #gj &  
ins]t+ #ij4  ,am5d ! title s z to read3 
,a bill to am5d ! ,small ,bus9ess       
,inve/m5t ,act ( #aieh to increase !    
am\nt ( a surety bond gu>antee44  ,may  
#ba1 #bjad ,report$ f ! ,committee on ! 
,judici>y ) an am5dm5t ,may #ba1 #bjad  
,report$ f ! ,committee on ,small       
,bus9ess ) am5dm5ts2 committ$ to !      
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$