,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #bach  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ag1 #bjai ,mr4  
,c>d9 introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to waive p>ticipant fees on    
small-doll> & vet]an ,express loans 9 ! 
l>ge/ loan program ( ! ,small ,bus9ess  
,adm9i/ration to close ! capital gap =  
und]s]v$ bus9ess own]s1 & = o!r         
purposes4  #a4 ,%ort title  ,?is ,act   
may be cit$ z ! ,small-,doll> & ,vet]ans
 ,loans ,enhancem5t ,act4  #b4 ,fee     
waiv] exceptions = small-doll> & vet]an 
express loans  7a7 ,9 g5]al ,section    
#g7;a7 ( ! ,small ,bus9ess ,act 7#ae    
,u4,s4,c4 #fcf7;a77 is am5d$-- 7#a7 9   
p>agraph 7#ah77;,a71 9 ! matt] prec$+   
clause 7i71 by /rik+ ,) respect & ins]t+
 ,except z provid$ 9 p>agraph 7#cf71 )  
respect2  7#b7 9 p>agraph 7#bc77;,a71 by
 /rik+ ,) respect & ins]t+ ,except z    
provid$ 9 p>agraph 7#cf71 ) respect2    
7#c7 9 p>agraph 7#ca77;,g77ii71 by /rik+

 ,if & ins]t+ ,except z provid$ 9       
p>agraph 7#cf71 if2 &  7#d7 by add+ at !
 end ! foll[+3  7#cf7 ,gu>antee & ye>ly 
fee waiv]s = small-doll> loans  7,a7    
,def9ition ,9 ?is p>agraph1 ! t]m co/   
has ! mean+ giv5 ! t]m 9 section #ejb ( 
! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b  
,u4,s4,c4 #ffa;a74  7,b7 ,waiv] or      
r$uction 9 fees ,9 ea* fiscal ye>1 to ! 
ext5t t ! co/ ( su* elim9ation or       
r$uction ( fees is (fset by             
appropriations1 ! ,adm9i/rator %all--   
7i7 ) respect to ea* loan gu>ante$ "u   
?is subsection t is n m ?an #aej1jjj--  
7,i7 9 lieu ( ! fee o!rwise applicable  
"u p>agraph 7#ah77;,a71 collect no fee  
or r$uce fees to ! maximum ext5t        
possible2 &  7,,ii7 9 lieu ( ! fee      
o!rwise applicable "u p>agraph          
7#bc77;,a71 collect no fee or r$uce fees
 to ! maximum ext5t possible2 &  7ii7 9 
lieu ( ! fee o!rwise applicable "u      
p>agraph 7#ah77;,a7 to vet]ans or sp\ses
 ( vet]ans 9 connection ) a loan made "u
 p>agraph 7#ca71 bas$ on p>agraph       

7#ca77;,g77ii71 collect no fee or r$uce 
fees to ! maximum ext5t possible4  7,c7 
,application ( fee relief ,if !         
,adm9i/rator is requir$ to waive or     
r$uce fees "u subp>agraph 7,b7-- 7i7 !  
,adm9i/rator %all fir/ use any am\nts   
provid$ to elim9ate or r$uce fees "u    
p>agraph 7#ah77;,a7 paid by vet]ans or  
sp\ses ( vet]ans 9 connection ) a loan  
made "u p>agraph 7#ca71 to ! maximum    
ext5t possible2  7ii7 ! ,adm9i/rator    
%all !n use any am\nts provid$ to       
elim9ate or r$uce fees paid by small    
bus9ess borr[]s "u clauses 7i7 ?r\gh    
7iii7 ( p>agraph 7#ah77;,a71 to !       
maximum ext5t possible2 &  7iii7 !      
,adm9i/rator %all !n use any am\nts     
provid$ to elim9ate or r$uce fees "u    
p>agraph 7#bc77;,a7 paid by small       
bus9ess l5d]s4  7,d7 ,indep5d5t co/     
e/imate ,n lat] ?an #cj days aft] ! date
 on :i* ! ,presid5t submits a budget "u 
section #aaje7;a7 ( title #ca1 ,unit$   
,/ates ,code1 ! ,congressional ,budget  
,(fice %all submit to ! ,committee on   

,small ,bus9ess & ,entrepr5eur%ip ( !   
,s5ate & ! ,committee on ,small ,bus9ess
 ( ! ,adm9i/ration an e/imate ( ! co/ ( 
provid+ fee waiv]s or r$uctions ?r\gh   
appropriations "u subp>agraph 7,b74  4  
7b7 ,applicability ,! am5dm5ts made by  
?is section %all apply to ea* loan      
gu>ante$ by ! ,small ,bus9ess           
,adm9i/ration "u section #g7;a7 ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77 = :i* ! application is approv$
 on or aft] ! date ( enactm5t ( ?is     
,act4