,,ii  #aagth ,,congress  #b;d ,session  
,s4 #ddgf  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #bc1     
#bjbb,ms4 ,klobuchar 7for herself and   
,mr4 ,warner7 introduced the following  
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
amend the ,state ,small ,business       
,credit ,initiative ,act of #bjaj to    
modify allocations under the ,state     
,small ,business ,credit ,initiative1   
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,,ssbci ,improvement ,act4  #b4         
,technical amendments to the ,state     
,small ,business ,credit ,initiative    
,act of #bjaj  7a7 ,exception for       
allocated amounts of not more than      
#a1jjj1jjj  7#a7 ,in general ,section   
#cjjc7;c77#a7 of the ,state ,small      
,business ,credit ,initiative ,act of   
#bjaj 7#ab ,u4,s4,c4 #egjb7;c77#a77 is  
amended-- 7,a7 in subparagraph 7,a77i71 
by inserting 1 except as provided in    

subparagraph 7,d7 before the semicolon  
at the end2 and  7,b7 by amending       
subparagraph 7,d7 to read as follows3   
7,d7 ,exceptions ,the ,secretary-- 7i7  
may1 in the ,secretary's discretion1    
transfer the full amount of the         
participating ,state's allocated amount 
to the ,state in a single transfer if   
the participating ,state applies to the 
,secretary for approval to use the full 
amount of the allocation as collateral  
for a qualifying loan or swap funding   
facility2 and  7ii7 shall transfer the  
full amount of the participating        
,state's allocated amount1 if the amount
 is not more than #a1jjj1jjj1 to the    
,state in a single transfer upon        
approval under section #cjjd and subject
 to the requirements of paragraph 7#g74 
4  7#b7 ,use of transferred funds       
,section #cjjc7;c77#c7 of the ,state    
,small ,business ,credit ,initiative    
,act of #bjaj 7#ab ,u4,s4,c4            
#egjb7;c77#c77 is amended-- 7,a7 in     
subparagraph 7,c7-- 7i7 by inserting if 

the allocated amount under subsection   
7b7 is greater than #a1jjj1jjj1 before  
in the case of2 and  7ii7 by striking or
 at the end2  7,b7 in subparagraph      
7,d7-- 7i7 by inserting if the allocated
 amount under subsection 7b7 is more    
than #a1jjj1jjj1 before in the case of2 
and  7ii7 by striking the period at the 
end and inserting 2 or2 and  7,c7 by    
adding at the end the following3  7,e7  
if the allocated amount under subsection
 7b7 is not more than #a1jjj1jjj1 for   
paying administrative costs incurred by 
the ,state in implementing an approved  
,state program in an amount not to      
exceed #c4f percent of the allocated    
amount4  4  7#c7 ,recoupment ,section   
#cjjc7;c7 of the ,state ,small ,business
 ,credit ,initiative ,act of #bjaj 7#ab 
,u4,s4,c4 #egjb7;c77 is amended by      
adding at the end the following3  7#g7  
,recoupment of allocated amounts for    
certain participating ,states  7,a7 ,in 
general ,with respect to a participating
 ,state for which the ,secretary        

allocated an amount less than or equal  
to #a1jjj1jjj1 the ,secretary may recoup
 an amount of the participating ,state's
 allocated amount as follows3 7i7 ,if1  
not later than the last day of the      
#c-year period beginning on the date of 
approval under section #cjjd1 an amount 
equal to #hj percent of #a_/c of the    
allocated amount has not been certified 
by the ,state as expended1 obligated1 or
 transferred1 the amount recouped shall 
be equal to #b_/c of the allocated      
amount4  7ii7 ,if1 not later than the   
last day of the #f-year period beginning
 on the date of approval under section  
#cjjd1 an amount equal to #hj percent of
 #b_/c of the allocated amount has not  
been certified by the ,state as         
expended1 obligated1 or transferred1 the
 amount shall be equal to #a_/c of the  
allocated amount4  7,b7 ,reallocation   
7i7 ,in general ,any amount recouped    
under this paragraph may be reallocated 
by the ,secretary to a ,tribal          
government that was not a participating 

,state subject to recoupment under this 
paragraph4  7ii7 ,consideration ,in     
making a reallocation under clause 7i71 
the ,secretary shall not take into      
account the specific allocation for     
,tribal governments described in        
subsection 7b77#b77;,d74  4  7#d7       
,applicability ,the amendments made by  
this subsection shall apply with respect
 to an allocation made to a             
participating ,state under the ,state   
,small ,business ,credit ,initiative    
,act of #bjaj 7#ab ,u4,s4,c4 #egja et   
seq47 for fiscal year #bjbb and each    
fiscal year thereafter4  7b7 ,extension 
of certain periods ,the ,state ,small   
,business ,credit ,initiative ,act of   
#bjaj 7#ab ,u4,s4,c4 #egja et seq47 is  
amended-- 7#a7 in section #cjjd7;d77#b7 
7#ab ,u4,s4,c4 #egjc7;d77#b771 by       
striking #ab months and inserting #ah   
months2  7#b7 in section #cjjg7;d7 7#ab 
,u4,s4,c4 #egjf7;d771 by striking the   
first ,march #ca and all that follows   
and inserting ,march #ca1 #bjca42 and   

7#c7 in section #cjji7;c7 7#ab ,u4,s4,c4
 #egjg7;c771 by striking #g-year and    
inserting #aa-year4  7c7 ,technical     
amendment ,section #cjjc of the ,state  
,small ,business ,credit ,initiative    
,act of #bjaj 7#ab ,u4,s4,c4 #egjb7 is  
amended-- 7#a7 in subsection 7b77#b7--  
7,a7 by redesignating subparagraph 7,d7 
as subparagraph 7,e72 and  7,b7 by      
redesignating the second subparagraph   
7,c7 7relating to separate allocation   
for ,tribal governments7 as subparagraph
 7,d72 and  7#b7 in subsection          
7c77#d77;,b71 by striking subsection    
7b77#b77;,c7 and inserting subsection   
7b77#b77;,d74