#aaf? ,,congress  #b;d ,session  ,h4 ,r4
 #fjgh  ,,an ,,act  ,to am5d ! ,small   
,bus9ess ,act to increase transp>5cy &  
to enhance ! use ( microloans 9 rural   
areas1 & = o!r purposes4  #a4 ,%ort     
title ,?is ,act may be cit$ z !         
,microloan ,transp>5cy & ,acc\ntability 
,act ( #bjbj4  #b4 ,assi/ance =         
int]m$i>ies s]v+ rural areas ,section   
#g7m7 ( ! ,small ,bus9ess ,act 7#ae     
,u4,s4,c4 #fcf7m77 is am5d$--  7#a7 by  
am5d+ p>agraph 7#d77;,c77i7 to read z   
foll[s3  7i7 ,ea* int]m$iate %all be    
eligible to receive a grant equal to #e 
p]c5t ( ! total out/&+ balance ( loans  
made to ! int]m$i>y "u ?is subsection1 9
 addition to grants made "u subp>agraph 
7,a71 if ! int]m$i>y has ei!r--  7,i7 a 
portfolio ( loans made "u ?is subsection
 t av]ages n m ?an #aj1jjj dur+ ! p]iod 
( ! int]m$i>y's p>ticipation 9 !        
program2  7,,ii7 a portfolio ( loans    
made "u ?is subsection ( :i* n less ?an 
#be p]c5t are made to small bus9ess     
conc]ns locat$ 9 or own$ by "o or m     

resid5ts ( an economically di/ress$     
area2 or  7,,iii7 a portfolio ( loans   
made "u ?is subsection ( :i* n less ?an 
#be p]c5t is s]v+ rural areas dur+ !    
p]iod ( ! int]m$i>y's p>ticipation 9 !  
program4  2 &  7#b7 9 p>agraph 7#aa7--  
7,a7 9 subp>agraph 7,c77ii71 by /rik+   
all aft] ! semicolon & ins]t+ &2 &  7,b7
 by /rik+ all aft] subp>agraph 7,c71 &  
ins]t+ ! foll[+3  7,d7 ! t]m            
economically di/ress$ area1 z us$ 9     
p>agraph 7#d71 means a c\nty or         
equival5t division ( local gov]nm5t ( a 
,/ate 9 :i* ! small bus9ess conc]n is   
locat$1 9 :i*1 accord+ to ! mo/ rec5t   
data available f ! ,bureau ( ! ,c5sus1  
,dep>tm5t ( ,comm]ce1 n less ?an #dj    
p]c5t ( resid5ts h an annual income t is
 at or bel[ ! pov]ty level4  4  #c4     
,portfolio risk analysis ( microloans   
,section #g7m77#aj7 ( ! ,small ,bus9ess 
,act 7#ae ,u4,s4,c4 #fcf7m77#aj77 is    
am5d$--  7#a7 by r$esignat+ subp>agraphs
 7,a7 ?r\gh 7,f7 z clauses 7i7 ?r\gh    
7vi71 respectively1 & adju/+ ! m>g9s    

accord+ly2  7#b7 by am5d+ clause 7iv71 z
 s r$esignat$1 to read z foll[s3  7vi7 !
 numb]1 am\nt1 & p]c5tage ( microloans  
made by int]m$i>ies to small bus9ess    
conc]ns-- 7,i7 t w5t into default 9 !   
previ\s ye>2 &  7,,ii7 t 7 *>g$ (f 9 !  
previ\s ye> by su* int]m$i>ies2  2  7#c7
 9 clause 7vi71 z s r$esignat$1 by /rik+
 & at ! end2  7#d7 by r$esignat+        
subp>agraph 7,g7 z clause 7xviii71 &    
adju/+ ! m>g9 accord+ly2  7#e7 by /rik+ 
,on ,novemb] #a1 #aiie1 & all t foll[s  
?r\gh ! foll[+3 & ins]t+ ! foll[+3  7,a7
 ,9 g5]al ,beg9n+ on ,febru>y #a1 #bjba1
 & annually !reaft]1 ! ,adm9i/rator %all
 submit to ! ,committee on ,small       
,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & 
! ,committee on ,small ,bus9ess ( !     
,h\se ( ,repres5tatives1 & make         
available to ! public on ! website ( !  
,adm9i/ration1 a report on !            
effectiv5ess ( ! microloan program dur+ 
! fiscal ye> prec$+ ! date ( ! report4  
,su* report %all include--  2  7#f7 9   
subp>agraph 7,a71 z s designat$1 by     

ins]t+ aft] clause 7vi7 ! foll[+ new    
clauses3  7vii7 ! numb] & type (        
en=cem5t actions tak5 by ! ,adm9i/rator 
aga9/ noncompliant int]m$i>ies2  7viii7 
an analysis ( compliance by int]m$i>ies 
) ! cr$it availability requirem5ts (    
p>agraph 7#c77;,e7 = loans 9 an am\nt   
great] ?an #bj1jjj2  7ix7 ! ext5t to :i*
 microloans are provid$ to small bus9ess
 conc]ns 9 rural areas2  7x7 ! numb] (  
und]s]v$ borr[]s1 z def9$ by !          
,adm9i/ration1 p>ticipat+ 9 ! microloan 
program2  7xi7 ! av]age rate ( int]e/ = 
ea* microloan2  7xii7 ! av]age am\nt (  
fees *>g$ = ea* microloan2  7xiii7 !    
av]age size ( ea* microloan1 includ+--  
7,i7 ! numb] ( loans made 9 an am\nt    
great] ?an #bj1jjj2 &  7,,ii7 ! av]age  
size & *>ge-(f rate ( su* loans2  7xiv7 
! subsidy co/ to ! ,adm9i/ration2  7xv7 
! numb] & p]c5tage ( microloans t 7 made
 to ref9ance o!r loans2  7xvi7 ! numb] &
 p]c5tage ( microloans made to new      
program p>ticipants & ! numb] & p]c5tage
 ( microloans made to previ\s program   

p>ticipants2  7xvii7 ! av]age am\nt (   
te*nical assi/ance grant monies sp5t on 
ea* loan2 &  2 &  7#g7 by add+ at ! end 
! foll[+3  7,b7 ,privacy ,ea* report    
submitt$ "u subp>agraph 7,a7 %all n     
conta9 any p]sonally id5tifiable        
in=mation ( any borr[]4  4  ,pass$ !    
,h\se ( ,repres5tatives ,septemb] #ad1  
#bjbj4;,cl]k4