,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #edaf  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bi1 #bjah,ms4   
,adams 7= h]self1 ,ms4 ,wilson (        
,florida1 ,ms4 ,b>ragn1 ,ms4 ,bordallo1 
& ,mr4 ,espaillat7 introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,education & ! ,work=ce1 & 9 addition to
 ! ,committee on ,ways & ,means1 = 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$  ,a ,,bill  ,to am5d 
! ,high] ,education ,act ( #aife to     
e/abli% a /ud5t loan =giv5ess program = 
wom5 :o are small bus9ess own]s4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,wom5 ,small ,bus9ess ,gr[? ,act4  #b4  
,loan =giv5ess program = small bus9ess  
own]s :o are wom5 ,"p ,g ( title ,,iv ( 
! ,high] ,education ,act ( #aife 7#bj   
,u4,s4,c4 #ajhg;a7 is am5d$ by add+ at !
 end ! foll[+3  #dic;,e4 ,loan =giv5ess 
program = small bus9ess own]s :o are    
wom5  7a7 ,program au?oriz$ ,! ,secret>y

 %all repay or cancel a qualifi$ loan   
am\nt 9 accordance ) subsection 7b7 = a 
loan made1 insur$1 or gu>ante$ "u "p ,b 
or ,d = any borr[] :o meets "o or m ( ! 
foll[+3  7#a7 ,! borr[] is a woman :o   
has be5 an own] ( a small bus9ess conc]n
 own$ & controll$ by wom5 = n less ?an  
#c consecutive ye>s4  7#b7 ,! borr[] is 
a woman :o has be5 an own] ( a small    
bus9ess conc]n t-- 7,a7 meets !         
requirem5ts ( p>agraph 7#a72 &  7,b7 has
 creat$ n less ?an #a new job4  7b7     
,qualifi$ loan am\nt  7#a7 ,own]%ip ,^u 
completion ( ! ?ird or f\r? ye> ( !     
own]%ip describ$ 9 subsection 7a77#a71 !
 qualifi$ loan am\nt = a borr[]1 = ea*  
su* ye>1 %all be an am\nt equal to--    
7,a7 #ae p]c5t ( ! orig9al1 aggregate   
pr9cipal am\nt ( ! loans2 &  7,b7 !     
am\nt ( int]e/ on su* loans t accrues   
dur+ ! mo/ rec5t ye> ( su* own]%ip4     
7#b7 ,job creation ,= ea* ye> t a borr[]
 meets ! requirem5ts ( subsection       
7a77#b71 ! qualifi$ loan am\nt %all be  
an am\nt equal to--  7,a7 #bj p]c5t ( ! 

orig9al1 aggregate pr9cipal am\nt ( !   
loans2 &  7,b7 ! am\nt ( int]e/ on su*  
loans :i* has accru$ 7& :i* has n be5   
=giv5 "u subsection 7a77#a77--  7i7 9 ! 
case ( ! fir/ new job creat$ t meets !  
requirem5ts ( subsection 7a77#b7 aft] ! 
borr[]'s own]%ip p]iod ( n less ?an #c  
consecutive ye>s1 dur+ su* own]%ip p]iod
 & until su* fir/ job is creat$2 &  7ii7
 9 ! case ( ea* succe$+ job creat$ aft] 
su* fir/ job1 dur+ ! p]iod beg9n+ on !  
date su* fir/ job 0 creat$ & end+ on !  
date ( creation ( su* succe$+ job4  7c7 
,exclusion f income ,! am\nt ( a loan1 &
 int]e/ on a loan1 :i* is cancel$ "u ?is
 section %all n be consid]$ income =    
purposes ( ! ,int]nal ,rev5ue ,code (   
#aihf4  7d7 ,prev5tion ( d\ble b5efits  
,no borr[] may receive a r$uction ( loan
 obligations "u bo? ?is section &       
section #dbh;,j1 #dbh,k1 #dbh,l1        
#dee7m71 or #dfj4  7e7 ,def9itions ,9   
?is section3 7#a7 ,annual adju/m5t      
p]c5tage ,! t]m annual adju/m5t p]c5tage
 is equal to ! e/imat$ p]c5tage *ange 9 

! ,consum] ,price ,index 7z det]m9$ by !
 ,secret>y1 us+ ! def9ition 9 section   
#dgh7;f77 = ! mo/ rec5t cal5d> ye>4     
7#b7 ,new job ,! t]m new job means an   
employm5t position at a small bus9ess   
conc]n own$ & controll$ by wom5 t-- 7,a7
 employs an individual :o is n a own] ( 
su* small bus9ess conc]n2 &  7,b7       
provides a sal>y ( n less ?an #cj1jjj p]
 cal5d> ye>1 increas$ by a p]c5tage     
equal to ! annual adju/m5t p]c5tage = ! 
cal5d> ye> = :i* ! sal>y am\nt "u ?is   
p>agraph is be+ det]m9$4  7#c7 ,small   
bus9ess conc]n own$ & controll$ by wom5 
,! t]m small bus9ess conc]n own$ &      
controll$ by wom5 has ! mean+ giv5 "u   
section #c7n7 ( ! ,small ,bus9ess ,act  
7#ae ,u4,s4,c4 #fcb7n774  4