,,ii  #aad? ,,congress  #b;d ,session   
,s4 #bhej  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #bf1 #bjaf ,mrs4
 ,fis*] 7= h]self1 ,ms4 ,ayotte1 ,mr4   
,pet]s1 ,mr4 ,coons1 & ,mrs4 ,%ahe57    
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,small
 ,bus9ess & ,entrepr5eur%ip  ,a ,,bill  
,to am5d ! ,small ,bus9ess ,act to      
provide = exp&$ p>ticipation 9 !        
microloan program1 & = o!r purposes4    
#a4 ,%ort title  ,?is ,act may be cit$ z
 ! ,microloan ,program ,mod]nization    
,act ( #bjaf4  #b4 ,def9itions ,9 ?is   
,act-- 7#a7 ! t]m int]m$i>y has ! mean+ 
giv5 ! t]m 9 section #g7m77#aa7 ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7m77#aa772 &  7#b7 ! t]m microloan  
program means ! program e/abli%$ "u     
section #g7m7 ( ! ,small ,bus9ess ,act  
7#ae ,u4,s4,c4 #fcf7m774  #c4 ,microloan
 int]m$i>y l5d+ limit increas$ ,section 
#g7m77#c77;,c7 ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fcf7m77#c77;,c77 is     
am5d$ by /rik+ #e1jjj1jjj & ins]t+      

#f1jjj1jjj4  #d4 ,elim9ation ( #be_/ge  
rule ,section #g7m77#d7 ( ! ,small      
,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m77 is
 am5d$-- 7#a7 by /rik+ subp>agraph 7,e72
 &  7#b7 by r$esignat+ subp>agraph 7,f7 
z subp>agraph 7,e74  #e4 ,,sba /udy (   
micro5t]prise p>ticipation ,n lat] ?an  
#a ye> aft] ! date ( enactm5t ( ?is     
,act1 ! ,adm9i/rator ( ! ,small ,bus9ess
 ,adm9i/ration %all conduct a /udy &    
submit to ! ,committee on ,small        
,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & 
! ,committee on ,small ,bus9ess ( !     
,h\se ( ,repres5tatives a report on--   
7#a7 ! op]ations 7includ+ s]vices       
provid$1 /ructure1 size1 & area (       
op]ation7 ( a repres5tative sample (--  
7,a7 int]m$i>ies t are eligible to      
p>ticipate 9 ! microloan program & t d  
p>ticipate2 &  7,b7 int]m$i>ies 7includ+
 ^? op]at$ = pr(it1 op]at$ z non-pr(its1
 & ^? affiliat$ ) a ,unit$ ,/ates       
in/itution ( high] le>n+7 t are eligible
 to p>ticipate 9 ! microloan program & t
 d n p>ticipate2  7#b7 ! reasons :y     

int]m$i>ies describ$ 9 p>agraph         
7#a77;,b7 *oose n to p>ticipate 9 !     
microloan program2  7#c7 recomm5dations 
on h[ to enc\rage increas$ p>ticipation 
9 ! microloan program by int]m$i>ies    
describ$ 9 p>agraph 7#a77;,b72 &  7#d7  
recomm5dations on h[ to decrease ! co/s 
associat$ ) p>ticipation 9 ! microloan  
program = eligible int]m$i>ies4  #f4    
,,gao /udy on microloan int]m$i>y       
practices ,n lat] ?an #a ye> aft] ! date
 ( enactm5t ( ?is ,act1 ! ,comptroll]   
,g5]al ( ! ,unit$ ,/ates %all submit to 
! ,committee on ,small ,bus9ess &       
,entrepr5eur%ip ( ! ,s5ate & !          
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives a report evaluat+--   
7#a7 ov]sight ( ! microloan program by !
 ,small ,bus9ess ,adm9i/ration1 includ+ 
ov]sight ( int]m$i>ies p>ticipat+ 9 !   
microloan program2 &  7#b7 ! specific   
processes us$ by ! ,small ,bus9ess      
,adm9i/ration to ensure-- 7,a7          
compliance by int]m$i>ies p>ticipat+ 9 !
 microloan program2 &  7,b7 ! ov]all    

p]=mance ( ! microloan program4