,,ii  #aacth ,,congress  #ast ,session  
,s4 #icf  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,may #ad1 #bjac ,mr4
 ,heller 7for himself1 ,mr4 ,enzi1 and  
,mr4 ,rubio7 introduced the following   
bill2 which was read twice and referred 
to the ,committee on ,small ,business   
and ,entrepreneurship  ,a ,,bill  ,to   
increase oversight of small business    
assistance programs provided by the     
,small ,business ,administration4  #a4  
,short title ,this ,act may be cited as 
the ,transparency in ,small ,business   
,assistance ,act4  #b4 ,oversight of    
small business assistance programs  7a7 
,definitions ,in this ,act--  7#a7 the  
terms ,administration and ,administrator
 mean the ,small ,business              
,administration and the ,administrator  
thereof1 respectively2 and  7#b7 the    
term small business concern has the same
 meaning as in section #c of the ,small 
,business ,act 7#ae ,u4,s4,c4 #fcb74    
7b7 ,oversight of small business        
assistance programs  7#a7 ,in general   

,the ,administrator shall collect       
information from small business concerns
 that receive assistance provided by the
 ,administration1 including a loan1 a   
loan guarantee1 a grant1 or counseling  
services4  7#b7 ,information to be      
collected ,the information collected    
under paragraph 7#a7 shall include--    
7,a7 the operational status of each     
small business concern1 to be collected 
#f months after and #a year after the   
date on which the small business concern
 receives assistance from the           
,administration2  7,b7 if a small       
business concern is no longer           
operational1 the reason for the closure 
of the small business concern2  7,c7 the
 number of part-time employees and      
full-time employees that each small     
business concern employs1 to be         
collected--  7i7 #f months after the    
date on which the small business concern
 receives assistance from the           
,administration1 and every #f months    
thereafter1 during the time the small   

business concern is receiving assistance
 from the ,administration2 and  7ii7 #f 
months after and #a year after the date 
on which the small business concern     
ceases to receive assistance from the   
,administration2 and  7,d7 if the       
,administration is unable to provide    
assistance to the small business        
concern1 the number of referrals that   
the ,administration makes to another    
assistance program within the           
,administration or to another ,federal  
agency4  7#c7 ,report ,the              
,administration shall include the       
information collected under this        
subsection in the annual report required
 under section #aj7;a7 of the ,small    
,business ,act 7#ae ,u4,s4,c4 #fci7;a774
  7c7 ,effective date ,this ,act shall  
take effect #a year after the date of   
enactment of this ,act4