,i #aagth ,,congress #b;d ,session ,h4 ,r4 #giga ,,in ,,the ,,house ,,of ,,representatives ,june #g1 #bjbb,ms4 ,snchez 7for herself1 ,mr4 ,lowenthal1 ,ms4 ,porter1 ,mrs4 ,napolitano1 ,ms4 ,bass1 ,ms4 ,chu1 ,ms4 ,roybal-,allard1 ,mr4 ,lieu1 ,mr4 ,vargas1 ,ms4 ,norton1 ,mrs4 ,cherfilus-,mc,cormick1 ,ms4 ,brown of ,ohio1 and ,mrs4 ,torres of ,california7 introduced the following bill2 which was referred to the ,committee on ,small ,business ,a ,,bill ,to amend the ,small ,business ,act to require certain lenders and development companies to refer certain borrowers to a resource partner1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,supporting ,entrepreneurs and ,economic ,development ,act or the ,,seed ,act4 #b4 ,resource partner referrals 7a7 #g7;a7 loans ,section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77 is amended by adding at the end the following new paragraph3 7#ch7 ,resource partner referrals 7,a7 ,in general ,if a lender determines that a borrower is not eligible for a loan under this subsection1 such lender shall refer the borrower to a resource partner 7as defined in section #ejjd of the ,american ,rescue ,plan ,act of #bjba74 ,such referral shall include-- 7i7 the address1 phone number1 and website 7if available7 of such resource partner2 and 7ii7 a description of the services offered by such resource partner4 7,b7 ,report ,a lender shall submit to the ,administrator an annual report describing referrals made under this paragraph4 4 7b7 ,disaster assistance loans ,section #g7;f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;f77 7relating to ,additional requirements for #g7;b7 loans7 is amended by adding at the end the following new paragraph3 7#b7 ,resource partner referrals 7,a7 ,in general ,if a lender determines that a borrower is not eligible for a loan under subsection 7b71 such lender shall refer the borrower to a resource partner 7as defined in section #ejjd of the ,american ,rescue ,plan ,act of #bjba74 ,such referral shall include-- 7i7 the address1 phone number1 and website 7if available7 of such resource partner2 and 7ii7 a description of the services offered by such resource partner4 7,b7 ,report ,a lender shall submit to the ,administrator an annual report describing referrals made under this paragraph4 4 7c7 ,microloans ,section #g7m77#f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7m77#f77 is amended by adding at the end the following new subparagraph3 7,f7 ,resource partner referrals 7i7 ,in general ,if an eligible intermediary determines that a person is not eligible for a loan under this subsection1 eligible intermediary lender shall refer the borrower to a resource partner 7as defined in section #ejjd of the ,american ,rescue ,plan ,act of #bjba74 ,such referral shall include-- 7,i7 the address1 phone number1 and website 7if available7 of such resource partner2 and 7,,ii7 a description of the services offered by such resource partner4 7ii7 ,report ,an eligible intermediary shall submit to the ,administrator an annual report describing referrals made under this subparagraph4 4 7d7 ,state and local development company loans ,section #ejb of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fif7 is amended by adding at the end the following new paragraph3 7#h7 ,resource partner referrals 7,a7 ,in general ,if a development company determines that a person is not eligible for assistance under this title1 such development company shall refer the borrower to a resource partner 7as defined in section #ejjd of the ,american ,rescue ,plan ,act of #bjba74 ,such referral shall include-- 7i7 the address1 phone number1 and website 7if available7 of such resource partner2 and 7ii7 a description of the services offered by such resource partner4 7,b7 ,report ,a development company shall submit to the ,administrator an annual report describing referrals made under this paragraph4 4 7e7 ,reports 7#a7 ,lender reports ,each lender and development company 7as defined in section #ajc of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #ffb77 authorized to make loans by the ,administrator of the ,small ,business ,administration shall submit to the ,administrator an annual report detailing referrals made by such lender or development company pursuant to a covered provision1 as applicable4 7#b7 ,administrator reports ,section #aj of the ,small ,business ,act 7#ae ,u4,s4,c4 #fci7 is amended by adding at the end the following new subsection3 7i7 ,lender referral report 7#a7 ,in general ,along with the report required under subsection 7a71 the ,administrator shall include a description of the number of referrals to resource partners made by lenders or development companies pursuant to a covered provision4 ,such report shall be published on a website of the ,administration and shall include the following3 7,a7 ,an analysis of the effectiveness of a referral and any resulting services provided by the resource partner4 7,b7 ,the nature of the services provided by a resource partner1 including 7if applicable7 the number of training or counseling sessions provided and the number of hours of assistance provided4 7,c7 ,whether any persons received assistance as a result of such a referral4 7#b7 ,covered provision defined ,in this subsection1 the term covered provision means sections #g7;a77#ch71 #g7;f77#b71 #g7m77#f77;,f71 and section #ejb7h7 of the ,small ,business ,investment ,act of #aieh4 4 7f7 ,,gao report 7#a7 ,in general ,not later than ,february #a1 #bjbc1 and every two years thereafter1 the ,comptroller ,general of the ,united ,states shall submit to ,congress1 and publish on a publicly available website1 a report on the rate of referrals to resource partners made by lenders or development companies pursuant to a covered provision and data on persons that received assistance as a result of such a referral4 7#b7 ,definitions ,in this subsection3 7,a7 ,resource partner ,the term resource partner has the meaning given in section #ejjd of the ,american ,rescue ,plan ,act of #bjba 7#ae ,u4,s4,c4 #ijac74 7,b7 ,covered provision ,the term covered provision means-- 7i7 sections #g7;a77#ch71 #g7;f77#b71 and #g7m77#f77;,f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fca et seq471 as added by this ,act2 and 7ii7 section #ejb7h7 of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fif71 as added by this ,act4