#aaeth ,,congress #b;d ,session ,h4 ,r4 #afhj ,,an ,,act ,to amend the ,small ,business ,act to improve the women's business center program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,women's ,business ,centers ,improvements ,act of #bjah4 #b4 ,amendments to women's business center program ,section #bi of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7 is amended to read as follows3 #bi4 ,women's business center program 7a7 ,definitions ,in this section3 7#a7 ,assistant ,administrator ,the term ,assistant ,administrator means the ,assistant ,administrator of the ,office of ,women's ,business ,ownership established under subsection 7l74 7#b7 ,eligible entity ,the term eligible entity means-- 7,a7 an organization described in section #eja7;c7 of the ,internal ,revenue ,code of #aihf and exempt from taxation under section #eja7;a7 of such ,code2 7,b7 a ,state1 regional1 or local economic development organization1 so long as the organization certifies that grant funds received under this section will not be co-mingled with other funds2 7,c7 an institution of higher education 7as defined in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja771 unless such institution is currently receiving a grant under section #ba2 7,d7 a development1 credit1 or finance corporation chartered by a ,state1 so long as the corporation certifies that grant funds received under this section will not be comingled with other funds2 or 7,e7 any combination of entities listed in subparagraphs 7,a7 through 7,d74 7#c7 ,small business concern owned and controlled by women ,the term small business concern owned and controlled by women has the meaning given under section #c7n74 7#d7 ,women's business center ,the term women's business center means the location at which counseling and training on the management1 operations 7including manufacturing1 services1 and retail71 access to capital1 international trade1 ,government procurement opportunities1 and any other matter that is needed to start1 maintain1 or expand a small business concern owned and controlled by women4 7b7 ,authority 7#a7 ,establishment ,there is established a ,women's ,business ,center ,program under which the ,administrator may provide a grant to any eligible entity to operate one or more women's business centers for the benefit of small business concerns owned and controlled by women4 7#b7 ,use of funds ,the women's business centers shall be designed to provide counseling and training that meets the needs of the small business concerns owned and controlled by women1 especially socially or economically disadvantaged women1 and shall provide-- 7,a7 financial assistance1 including training and counseling in how to apply for and secure business credit and investment capital1 preparing and presenting financial statements1 and managing cash flow and other financial operations of a small business concern2 7,b7 management assistance1 including training and counseling in how to plan1 organize1 staff1 direct1 and control each major activity and function of a small business concern2 and 7,c7 marketing assistance1 including training and counseling in identifying and segmenting domestic and international market opportunities1 preparing and executing marketing plans1 developing pricing strategies1 locating contract opportunities1 negotiating contracts1 and utilizing varying public relations and advertising techniques4 7#c7 ,types of grants 7,a7 ,initial grant ,the amount of an initial grant provided under this subsection to an eligible entity shall be not more than #ahe1jjj 7as such amount is annually adjusted by the ,administrator to reflect the change in inflation74 7,b7 ,additional grants 7i7 ,in general ,with respect to an eligible entity that has received a grant1 the ,administrator may award an additional grant of up to #fe1jjj1 to be dispersed after the expiration of the term of the initial grant under this subsection if the ,administrator determines that the eligible entity-- 7,i7 has agreed to obtain1 after its application has been approved and notice of award has been issued1 cash contributions from non-,federal sources of #a non-,federal dollar for each ,federal dollar2 7,,ii7 is in good standing with the ,women's ,business ,center ,program2 and 7,,iii7 has met performance goals for grant term of the initial grant1 if applicable4 7ii7 ,limitations ,the ,administrator may only award additional grants under clause 7i7-- 7,i7 during the #crd and #dth quarters of the grant term of the initial grant2 and 7,,ii7 from unobligated amounts made available to the ,administrator to carry out this section4 7,c7 ,continuation grants ,the ,administrator may award a continuation grant of up to #aej1jjj to an eligible entity that received an initial grant under subparagraph 7,a74 ,there shall be no limitation on the number of continuation grants an eligible entity may receive under this section4 7c7 ,application 7#a7 ,initial grants and continuation grants ,to receive an initial grant or continuation grant under this section1 an eligible entity shall submit an application to the ,administrator in such form1 in such manner1 and containing such information as the ,administrator may require1 including-- 7,a7 a certification that the eligible entity-- 7i7 has designated an executive director or program manager1 who may be compensated using grant funds awarded under this section or other sources1 to manage the women's business center for which a grant under subsection 7b7 is sought2 and 7ii7 meets the accounting and reporting requirements established under guidance issued by the ,director of the ,office of ,management and ,budget for the eligible entity2 7,b7 information demonstrating the experience and effectiveness of the eligible entity in-- 7i7 provide counseling and training described under subsection 7b77#b72 7ii7 providing training and services to a representative number of women who are socially or economically disadvantaged2 and 7iii7 working with resource partners of the ,administration and other entities2 and 7,c7 a #e-year plan that-- 7i7 includes information relating to the assistance to be provided by the women's business center in the area in which the women's business center is located2 7ii7 describes the ability of the eligible entity to meet the needs of the market to be served by the women's business center1 including the ability to fundraise to obtain the matching funds required under subsection 7e72 and 7iii7 describes the ability of the eligible entity to provide counseling and training described under subsection 7b77#b71 including to a representative number of women who are socially or economically disadvantaged4 7#b7 ,record retention 7,a7 ,in general ,the ,administrator shall maintain a copy of each application submitted under this subsection for not less than #e years4 7,b7 ,paperwork reduction ,the ,administrator shall take steps to reduce1 to the maximum extent practicable1 the paperwork burden associated with carrying out subparagraph 7,a74 7d7 ,selection of eligible entities 7#a7 ,in general ,in selecting recipients of initial grants1 the ,administrator shall consider-- 7,a7 the experience of the applicant in providing entrepreneurial training2 7,b7 the amount of time needed for the applicant to commence operation of a women's business center2 7,c7 the capacity of the applicant to meet the accreditation standards established under subsection 7l77#d7 in a timely manner2 7,d7 the ability of the applicant to sustain operations1 including its ability to obtain sufficient non-,federal funds1 for a #e-year period2 7,e7 the proposed location of a women's business center to be operated by the applicant eligible entity and its proximity to ,veteran ,business ,outreach ,centers and to recipients of grants under section #h7;b77#a7 or #ba2 and 7,f7 the population density of the area to be served by the women's business center operated by the applicant eligible entity4 7#b7 ,selection criteria 7,a7 ,rulemaking ,the ,administrator shall issue regulations to specify the criteria for review and selection of applicants under this subsection4 7,b7 ,modifications prohibited after announcement ,with respect to a public announcement of any opportunity to be awarded a grant under this section made by the ,administrator pursuant to subsection 7j77#a71 the ,administrator may not modify regulations issued pursuant to subparagraph 7,a7 with respect to such opportunity unless required to do so by an ,act of ,congress or an order of a ,federal court4 7,c7 ,rule of construction ,nothing in this clause may be construed as prohibiting the ,administrator from modifying the regulations issued pursuant to subparagraph 7,a7 7after providing an opportunity for notice and comment7 as such regulations apply to an opportunity to be awarded a grant under this section that the ,administrator has not yet publicly announced pursuant to subsection 7j77#a74 7e7 ,matching requirements 7#a7 ,in general ,subject to paragraph 7#e71 upon approval of an application submitted under subsection 7c71 the eligible entity shall agree to obtain contributions from non-,federal sources-- 7,a7 in the first and second year of the term of an initial grant1 if applicable1 #a non-,federal dollar for each #b ,federal dollars2 and 7,b7 in each year of the term of an initial grant1 if applicable1 #a non-,federal dollar for each ,federal dollar4 7#b7 ,form of matching funds ,not more than one-half of non-,federal matching funds described under paragraph 7#a7 may be in the form of in-kind contributions that are budget line items only1 including office equipment and office space4 7#c7 ,disbursement of funds ,the ,administrator may disburse an amount not greater than #be percent of the total amount of a grant awarded to an eligible entity before such eligible entity obtains the non-,federal matching funds described under paragraph 7#a74 7#d7 ,failure to obtain matching funds ,if an eligible entity fails to obtain the required matching funds described under paragraph 7#a71 the eligible entity may not be eligible to receive advance disbursements pursuant to paragraph 7#c7 during the remainder of the term1 if applicable1 of a grant awarded under this section4 ,before approving such eligible entity for an additional grant or continuation grant under this section1 the ,administrator shall make a written determination1 including the reasons for such determination1 of whether the ,administrator believes that the eligible entity will be able to obtain the requisite funding under paragraph 7#a7 for such additional grant or continuation grant4 7#e7 ,waiver of non-,federal share 7,a7 ,in general ,upon request by an eligible entity1 and in accordance with this paragraph1 the ,administrator may waive1 in whole or in part1 the requirement to obtain non-,federal matching funds for a grant awarded under this section for the eligible entity for a fiscal year4 ,the ,administrator may not issue such a waiver for more than a total of #b consecutive fiscal years4 7,b7 ,considerations ,in determining whether to issue a waiver under this paragraph1 the ,administrator shall consider-- 7i7 the economic conditions affecting the eligible entity2 7ii7 the impact the waiver would have on the credibility of the ,women's ,business ,center ,program under this section2 7iii7 the demonstrated ability of the eligible entity to raise non-,federal funds2 and 7iv7 the performance of the eligible entity under the initial grant4 7,c7 ,limitation ,the ,administrator may not issue a waiver under this paragraph if granting the waiver would undermine the credibility of the ,women's ,business ,center ,program4 7#f7 ,excess non-,federal dollars ,the amount of non-,federal dollars obtained by an eligible entity that is above the amount that is required to be obtained by the eligible entity under this subsection shall not be subject to the requirements of part #bjj of title #b1 ,code of ,federal ,regulations1 or any successor thereto1 if such amount of non-,federal dollars-- 7,a7 is not used as matching funds for purposes of implementing the ,women's ,business ,center ,program2 and 7,b7 was not obtained using funds from the ,women's ,business ,center ,program4 7f7 ,other requirements 7#a7 ,separation of funds ,an eligible entity shall-- 7,a7 operate a women's business center under this section separately from other projects1 if any1 of the eligible entity2 and 7,b7 separately maintain and account for any grants received under this section4 7#b7 ,examination of eligible entities 7,a7 ,required site visit ,before receiving an initial grant under this section1 each applicant shall have a site visit by an employee of the ,administration1 in order to ensure that the applicant has sufficient resources to provide the services for which the grant is being provided4 7,b7 ,annual review ,an employee of the ,administration shall-- 7i7 conduct an annual review of the compliance of each eligible entity receiving an initial grant under this section with the grant agreement1 including a financial examination2 and 7ii7 provide such review to the eligible entity as required under subsection 7j77#c74 7#c7 ,remediation of problems 7,a7 ,plan of action ,if a review of an eligible entity under paragraph 7#b77;,b7 identifies any problems1 the eligible entity shall1 within #de calendar days of receiving a copy of such review1 provide the ,assistant ,administrator with a plan of action1 including specific milestones1 for correcting such problems4 7,b7 ,plan of action review by the ,assistant ,administrator ,the ,assistant ,administrator shall review each plan of action submitted under subparagraph 7,a7 within #cj calendar days of receiving such plan4 ,if the ,assistant ,administrator determines that such plan-- 7i7 will bring the eligible entity into compliance with all the terms of the grant agreement1 the ,assistant ,administrator shall approve such plan2 or 7ii7 is inadequate to remedy the problems identified in the annual review to which the plan of action relates1 the ,assistant ,administrator shall set forth such reasons in writing and provide such determination to the eligible entity within #ae calendar days of such determination4 7,c7 ,amendment to plan of action ,an eligible entity receiving a determination under subparagraph 7,b77ii7 shall have #cj calendar days from the receipt of the determination to amend the plan of action to satisfy the problems identified by the ,assistant ,administrator and resubmit such plan to the ,assistant ,administrator4 7,d7 ,amended plan review by the ,assistant ,administrator ,within #ae calendar days of the receipt of an amended plan of action under subparagraph 7,c71 the ,assistant ,administrator shall either approve or reject such plan and provide such approval or rejection in writing to the eligible entity4 7,e7 ,appeal of ,assistant ,administrator determination 7i7 ,in general ,if the ,assistant ,administrator rejects an amended plan under subparagraph 7,d71 the eligible entity shall have the opportunity to appeal such decision to the ,administrator1 who may delegate such appeal to an appropriate officer of the ,administration4 7ii7 ,opportunity for explanation ,any appeal described under clause 7i7 shall provide an opportunity for the eligible entity to provide1 in writing1 an explanation of why the eligible entity's amended plan remedies the problems identified in the annual review conducted under paragraph 7#b77;,b74 7iii7 ,notice of determination ,the ,administrator shall provide to the eligible entity a determination of the appeal1 in writing1 not later than #ae calendar days after the eligible entity files an appeal under this subparagraph4 7iv7 ,effect of failure to act ,if the ,administrator fails to act on an appeal made under this subparagraph within the #ae-;day period specified under clause 7iii71 the eligible entity's amended plan of action submitted under subparagraph 7,c7 shall be deemed to be approved4 7#d7 ,termination of ,grant 7,a7 ,in general ,the ,administrator shall terminate a grant to an eligible entity under this section if the eligible entity fails to comply with-- 7i7 a plan of action approved by the ,assistant ,administrator under paragraph 7#c77;,b77i72 or 7ii7 an amended plan of action approved by the ,assistant ,administrator under paragraph 7#c77;,d7 or approved on appeal under paragraph 7#c77;,e74 7,b7 ,appeal of termination ,an eligible entity shall have the opportunity to challenge the termination of a grant under subparagraph 7,a7 on the record and after an opportunity for a hearing4 7,c7 ,final agency action ,a determination made pursuant to subparagraph 7,b7 shall be considered final agency action for the purposes of chapter #g of title #e1 ,united ,states ,code4 7#e7 ,solicitation ,notwithstanding any other provision of law1 an eligible entity may-- 7,a7 solicit cash and in-kind contributions from private individuals and entities to be used to operate a women's business center2 and 7,b7 use amounts made available by the ,administrator under this section for the cost of such solicitation and management of the contributions received4 7#f7 ,notice and comment required ,the ,administrator may only make a change to the standards by which an eligible entity obtains or maintains grants under this section1 the standards for accreditation1 or any other requirement for the operation of a women's business center if the ,administrator first provides notice and the opportunity for public comment1 as set forth in section #eec7;b7 of title #e1 ,united ,states ,code1 without regard to any exceptions provided for under such section4 7g7 ,program ,examination 7#a7 ,in general ,the ,administration shall-- 7,a7 develop and implement an annual programmatic and financial examination of each eligible entity1 under which each such eligible entity shall provide to the ,administration-- 7i7 an itemized cost breakdown of actual expenditures for costs incurred during the preceding year2 and 7ii7 documentation regarding the amount of matching assistance from non-,federal sources obtained and expended by the eligible entity during the preceding year in order to meet the requirements of subsection 7e7 and1 with respect to any in-kind contributions described in subsection 7e77#b7 that were used to satisfy the requirements of subsection 7e71 verification of the existence and valuation of those contributions2 and 7,b7 analyze the results of each such examination and1 based on that analysis1 make a determination regarding the programmatic and financial viability of each women's business center operated by the eligible entity4 7#b7 ,conditions for continued funding ,in determining whether to award a continuation grant1 the ,administrator-- 7,a7 shall consider the results of the most recent examination of the eligible entity under paragraph 7#a72 and 7,b7 shall determine if-- 7i7 the eligible entity has failed to provide1 or provided inadequate1 information under paragraph 7#a77;,a72 or 7ii7 the eligible entity has failed to provide any information required to be provided by the women's business center for purposes of the management report under subsection 7k77#a71 or the information provided by the center is inadequate4 7h7 ,contract ,authority 7#a7 ,eligible entity ,an eligible entity that receives a grant under this section may enter into a contract with a ,federal department or agency to provide specific assistance to small business concerns owned and controlled by women and other underserved small business concerns1 if performance of such a contract does not hinder the ability of the eligible entity to carry out the terms of a grant received under this section4 7#b7 ,administrator ,the authority of the ,administrator to enter into contracts shall be in effect for each fiscal year only to the extent and in the amounts as are provided in advance in appropriations ,acts4 ,after the ,administrator has entered into a contract1 either as a grant or a cooperative agreement1 with any applicant under this section1 the ,administrator shall not suspend1 terminate1 or fail to renew or extend any such contract unless the ,administrator provides the applicant with written notification setting forth the reasons therefore and affords the applicant an opportunity for a hearing1 appeal1 or other administrative proceeding under chapter #e of title #e1 ,united ,states ,code4 7i7 ,privacy ,requirements 7#a7 ,in general ,a women's business center may not disclose the name1 address1 or telephone number of any individual or small business concern receiving assistance under this section without the consent of such individual or small business concern1 unless-- 7,a7 the ,administrator is ordered to make such a disclosure by a court in any civil or criminal enforcement action initiated by a ,federal or ,state agency2 or 7,b7 the ,administrator considers such a disclosure to be necessary for the purpose of conducting a financial audit of a women's business center1 except that such a disclosure shall be limited to the information necessary for such audit4 7#b7 ,administration use of information ,this subsection shall not-- 7,a7 restrict ,administration access to women's business center data2 or 7,b7 prevent the ,administration from using information about individuals who use women's business centers 7other than the information described in subparagraph 7,a77 to conduct surveys of such individuals4 7#c7 ,regulations ,the ,administrator shall issue regulations to establish standards for disclosures for purposes of a financial audit under paragraph 7#a77;,b74 7j7 ,notification requirements under the ,women's ,business ,center ,program ,the ,administrator shall provide the following3 7#a7 ,a public announcement of any opportunity to be awarded grants under this section1 to include the selection criteria under subsection 7d7 and any applicable regulations4 7#b7 ,to any applicant for a grant under this section that failed to obtain such a grant1 an opportunity to debrief with the ,administrator to review the reasons for the applicant's failure4 7#c7 ,to an eligible entity that receives an initial grant under this section1 if a site visit or review of the eligible entity is carried out by an officer or employee of the ,administration 7other than the ,inspector ,general71 a copy of the site visit report or evaluation1 as applicable1 within #cj calendar days of the completion of such visit or evaluation4 7k7 ,reports 7#a7 ,management ,report 7,a7 ,in general ,the ,administrator shall prepare and submit to the ,committee on ,small ,business of the ,house of ,representatives and the ,committee on ,small ,business and ,entrepreneurship of the ,senate a report on the effectiveness of women's business centers operated through a grant awarded under this section4 7,b7 ,contents ,each report submitted under paragraph 7#a7 shall include information concerning1 with respect to each women's business center established pursuant to a grant awarded under this section-- 7i7 the number of individuals receiving assistance2 7ii7 the number of startup business concerns formed2 7iii7 the gross receipts of assisted concerns2 7iv7 the employment increases or decreases of assisted concerns2 7v7 to the maximum extent practicable1 increases or decreases in profits of assisted concerns2 and 7vi7 the most recent analysis1 as required under subsection 7g77#a77;,b71 and the subsequent determination made by the ,administration under that subsection4 7#b7 ,study and ,report on ,representation of ,women 7,a7 ,study ,the ,administrator shall periodically conduct a study to identify industries1 as defined under the ,north ,american ,industry ,classification ,system1 underrepresented by small business concerns owned and controlled by women4 7,b7 ,report ,not later than #c years after the date of enactment of this subsection1 and every #e years thereafter1 the ,administrator 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 the results of each study under paragraph 7#a7 conducted during the #e-year period ending on the date of the report4 7l7 ,office of ,women's ,business ,ownership 7#a7 ,establishment ,there is established within the ,administration an ,office of ,women's ,business ,ownership1 which shall be responsible for the administration of the ,administration's programs for the development of women's business enterprises 7as defined in section #djh of the ,women's ,business ,ownership ,act of #aihh 7#ae ,u4,s4,c4 #gajh774 ,the ,office of ,women's ,business ,ownership shall be administered by an ,assistant ,administrator1 who shall be appointed by the ,administrator4 7#b7 ,assistant ,administrator of the ,office of ,women's ,business ,ownership 7,a7 ,qualification ,the position of ,assistant ,administrator shall be a ,senior ,executive ,service position under section #cacb7;a77#b7 of title #e1 ,united ,states ,code4 ,the ,assistant ,administrator shall serve as a noncareer appointee 7as defined in section #cacb7;a77#g7 of that title74 7,b7 ,duties ,the ,assistant ,administrator shall administer the programs and services of the ,office of ,women's ,business ,ownership and perform the following functions3 7i7 ,recommend the annual administrative and program budgets of the ,office and eligible entities receiving a grant under the ,women's ,business ,center ,program4 7ii7 ,review the annual budgets submitted by each eligible entity receiving a grant under the ,women's ,business ,center ,program4 7iii7 ,collaborate with other ,federal departments and agencies1 ,state and local governments1 not-for-profit organizations1 and for-profit organizations to maximize utilization of taxpayer dollars and reduce 7or eliminate7 any duplication among the programs overseen by the ,office of ,women's ,business ,ownership and those of other entities that provide similar services to women entrepreneurs4 7iv7 ,maintain a clearinghouse to provide for the dissemination and exchange of information between women's business centers4 7v7 ,serve as the vice chairperson of the ,interagency ,committee on ,women's ,business ,enterprise and as the liaison for the ,national ,women's ,business ,council4 7#c7 ,mission ,the mission of the ,office of ,women's ,business ,ownership shall be to assist women entrepreneurs to start1 grow1 and compete in global markets by providing quality support with access to capital1 access to markets1 job creation1 growth1 and counseling by-- 7,a7 fostering participation of women entrepreneurs in the economy by overseeing a network of women's business centers throughout ,states and territories2 7,b7 creating public-private partnerships to support women entrepreneurs and conduct outreach and education to small business concerns owned and controlled by women2 and 7,c7 working with other programs of the ,administrator to-- 7i7 ensure women are well-represented in those programs and being served by those programs2 and 7ii7 identify gaps where participation by women in those programs could be increased4 7#d7 ,accreditation program 7,a7 ,establishment ,not later than #bgj days after the date of enactment of this paragraph1 the ,administrator shall publish standards for a program to accredit eligible entities that receive a grant under this section4 7,b7 ,public comment2 transition ,before publishing the standards under subparagraph 7,a71 the ,administrator-- 7i7 shall provide a period of not less than #fj days for public comment on such standards2 and 7ii7 may not terminate a grant under this section absent evidence of fraud or other criminal misconduct by the recipient4 7,c7 ,contracting authority ,the ,administrator may provide financial assistance1 by contract or otherwise1 to a relevant national women's business center representative association to provide assistance in establishing the standards required under subparagraph 7,a7 or for carrying out an accreditation program pursuant to such standards4 7m7 ,authorization of ,appropriations 7#a7 ,in general ,there are authorized to be appropriated to the ,administration to carry out this section1 to remain available until expended1 #ba1gej1jjj for each of fiscal years #bjai through #bjbb4 7#b7 ,use of amounts 7,a7 ,in general ,except as provided in subparagraph 7,b71 amounts made available under this subsection for fiscal year #bjah1 and each fiscal year thereafter1 may only be used for grant awards and may not be used for costs incurred by the ,administration in connection with the management and administration of the program under this section4 7,b7 ,exceptions ,of the amount made available under this subsection for a fiscal year1 the following amounts shall be available3 7i7 ,for the first fiscal year beginning after the date of the enactment of this subparagraph1 #b4fe percent4 7ii7 ,for the second fiscal year beginning after the date of the enactment of this subparagraph and each fiscal year thereafter through fiscal year #bjbb1 #b4e percent4 7#c7 ,expedited acquisition ,notwithstanding any other provision of law1 the ,administrator may use such expedited acquisition methods as the ,administrator determines to be appropriate to carry out this section1 except that the ,administrator shall ensure that all small business sources are provided a reasonable opportunity to submit proposals4 4 #c4 ,effect on existing grants 7a7 ,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 continuation 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 7b7 ,length of continuation grant ,the ,administrator of the ,small ,business ,administration may award a grant under section #bi7m7 of the ,small ,business ,act1 as amended by this ,act1 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 #d4 ,regulations ,not later than #bgj days after the date of the enactment of this ,act1 the ,administrator of ,small ,business ,administration shall publish in the ,federal ,register such regulations as are necessary to carry out section #bi of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef71 as amended by this ,act4 ,the ,administrator shall accept public comments on such proposed regulations for a period of not less than #fj days4 ,passed the ,house of ,representatives ,may #h1 #bjah4;,clerk4