,,ii #aag? ,,congress #b;d ,session ,s4 #eage ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #a1 #bjbb,mr4 ,c>d9 7= himself1 ,mr4 ,book]1 ,mr4 ,coons1 ,ms4 ,hirono1 ,mr4 ,m>key1 ,ms4 ,ros51 & ,mrs4 ,%ahe57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to am5d ! ,small ,bus9ess ,act to require an annual report on entrepr5eurial developm5t programs1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,small ,bus9ess ,developm5t ,c5t]s ,improvem5t ,act ( #bjbb4 #b4 ,annual report on entrepr5eurial developm5t programs ,section #aj ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fci7 is am5d$ by add+ at ! end ! foll[+3 7i7 ,annual report on entrepr5eurial developm5t programs 7#a7 ,def9itions ,9 ?is subsection3 7,a7 ,cov]$ program ,! t]m cov]$ program means a program au?oriz$ "u section #g7;j71 #g7m71 #h7;a71 #h7;b77#a71 #ba1 #bb1 #bi1 #cb1 or #cd4 7,b7 ,entrepr5eurial developm5t activity ,! t]m entrepr5eurial developm5t activity means an activity relat$ to ! deliv]y ( entrepr5eurial developm5t s]vices1 entrepr5eurial education1 or support = ! developm5t & ma9t5ance ( bus9ess tra9+ s]vices c>ri$ out ?r\gh a cov]$ program4 7#b7 ,report requir$ ,! ,adm9i/rator %all include 9 ! compreh5sive annual report requir$ "u subsection 7a7 ! foll[+ data3 7,a7 ,a li/ ( all entrepr5eurial developm5t activities und]tak5 dur+ ! fiscal ye> prec$+ ! date ( ! report ?r\gh a cov]$ program1 includ+-- 7i7 a description & op]at+ details = ea* su* cov]$ program & ! activities p]=m$ "u ea* su* cov]$ program2 7ii7 op]at+ circul>s1 manuals1 & /&>d op]at+ proc$ures = ea* su* cov]$ program2 7iii7 a description ( ! process us$ to make aw>ds relat+ to ! provision ( entrepr5eurial developm5t activities "u ea* su* cov]$ program2 7iv7 a li/ ( all recipi5ts ( aw>ds "u ea* su* cov]$ program & ! am\nt ( ea* su* aw>d2 & 7v7 a li/ ( contractors1 includ+ ! "n & location ( su* contractor1 ( an aw>d recipi5t4 7,b7 ,! total am\nt ( fund+ obligat$ = a cov]$ program & ! entrepr5eurial developm5t activities conduct$ "u ea* su* cov]$ program = ! fiscal ye> prec$+ ! date ( ! report4 7,c7 ,! names & titles ( ! individuals responsible = c>ry+ out a cov]$ program4 7,d7 ,= entrepr5eurial developm5t activities und]tak5 dur+ ! fiscal ye> prec$+ ! date ( ! report ?r\gh ! ,small ,bus9ess ,developm5t ,c5t] ,program e/abli%$ "u section #ba 79 ?is section ref]r$ to z ! ,program7-- 7i7 ! total numb] & numb] ( individuals c\nsel$ or tra9$ ?r\gh ! ,program2 7ii7 ! total numb] ( h\rs ( c\nsel+ & tra9+ s]vices provid$ ?r\gh ! ,program2 7iii7 to ! ext5t practicable1 ! demographics ( p>ticipants 9 ! ,program1 :i* %all include ! g5d]1 race1 e?nicity1 & age ( ea* su* p>ticipant2 7iv7 ! numb] ( p>ticipants 9 ! ,program :o are vet]ans2 7v7 ! numb] ( new bus9esses />t$ by p>ticipants 9 ! ,program2 7vi7 to ! ext5t practicable1 ! numb] ( jobs support$1 creat$1 & reta9$ ) assi/ance f ! ,program2 7vii7 to ! ext5t practicable1 ! total am\nt ( capital secur$ by p>ticipants 9 ! ,program1 includ+ ?r\gh loans & equity inve/m5t f ! ,adm9i/ration2 7viii7 ! numb] ( p>ticipants 9 ! ,program receiv+ f9ancial assi/ance1 includ+ ! type & doll> am\nt1 "u a loan program ( ! ,adm9i/ration2 7ix7 an e/imate ( gross receipts1 includ+1 to ! ext5t practicable1 a description ( any *ange 9 rev5ue1 ( small bus9ess conc]ns assi/$ ?r\gh ! ,program2 7x7 ! numb] ( ref]rals ( individuals to o!r res\rces & programs ( ! ,adm9i/ration2 7xi7 ! results ( satisfaction surveys ( p>ticipants 9 ! ,program1 includ+ a summ>y ( any comm5ts receiv$ f ^? p>ticipants2 & 7xii7 any recomm5dations by ! ,adm9i/rator to improve ! deliv]y ( s]vices by ! ,program4 4 #c4 ,m>ket+ ( s]vices ,section #ba ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7 is am5d$ by add+ at ! end ! foll[+3 7o7 ,no prohibition ( m>ket+ ( s]vices ,an applicant receiv+ a grant "u ?is section may use up to #aj p]c5t ( _! budget to m>ket & adv]tise ! s]vices ( ! applicant to individuals & small bus9ess conc]ns4 4 #d4 ,data collection work+ gr\p 7a7 ,e/abli%m5t ( work+ gr\p ,to improve data collection ,! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration %all e/abli% a gr\p to be kn[n z ! ,data ,collection ,work+ ,gr\p consi/+ ( entrepr5eurial developm5t grant recipi5ts1 ! associations & organizations repres5t+ su* recipi5ts1 & (ficials f ! ,small ,bus9ess ,adm9i/ration1 to c>ry out a /udy to det]m9e ! be/ me?ods = conduct+ data collection activities & create or revise exi/+ sy/ems d$icat$ to data collection4 7b7 ,report ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,data ,collection ,work+ ,gr\p %all issue a report to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives conta9+ ! f9d+s & det]m9ations made 9 c>ry+ out ! /udy requir$ "u subsection 7a71 includ+-- 7#a7 recomm5dations = revis+ exi/+ data collection practices = ! ,small ,bus9ess ,developm5t ,c5t] ,program2 & 7#b7 a propos$ plan = ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration to implem5t ! recomm5dations describ$ 9 p>agraph 7#a74 #e4 ,ov]sight2 fees f private p>tn]%ips & cosponsor%ips2 negotiation ,section #ba7;a77#c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#c77 is am5d$-- 7#a7 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ 1 includ+ f9ancial ov]sight1 aft] ov]sight2 7#b7 by mov+ subp>agraphs 7,a7 & 7,b7 #b ems to ! "r2 7#c7 9 subp>agraph 7,c7-- 7,a7 by /rik+ ,:]eas2 7,b7 by ins]t+ ,program aft] ,c5t]2 & 7,c7 by /rik+ ,national & ins]t+ national2 & 7#d7 by add+ at ! end ! foll[+3 7,d7 7i7 ,a small bus9ess developm5t c5t] t p>ticipates 9 a private p>tn]%ip or cosponsor%ip1 9 :i* ! ,adm9i/rator or designee ( ! ,adm9i/rator also p>ticipates1 may collect fees or o!r income 9 ord] to hold ev5ts relat$ to ! private p>tn]%ip or cosponsor%ip4 7ii7 ,no?+ 9 clause 7i7 %all be con/ru$ z ! ,adm9i/ration endors+ a private p>tn]%ip or cosponsor%ip describ$ 9 clause 7i74 7,e7 ,an association =m$ "u subp>agraph 7,a7 %all1 at ! reque/ ( a small bus9ess developm5t c5t] applicant or applicants1 p>ticipate 9 ! negotiation ( ! coop]ative agreem5t describ$ 9 ?is p>agraph betwe5 ! small bus9ess developm5t c5t] applicant or applicants & ! ,adm9i/ration4 4 #f4 ,equity = small bus9ess developm5t c5t]s ,section #ba7;a77#d77;,c77v7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#d77;,c77v77 is am5d$ to read z foll[s3 7#a7 by /rik+ subclause 7,i7 & ins]t+ ! foll[+3 7v7 ,( ! am\nts made available 9 any fiscal ye> to c>ry out ?is section1 n m ?an #fjj1jjj may be us$ by ! ,adm9i/ration to pay exp5ses enum]at$ 9 subp>agraphs 7,b7 ?r\gh 7,d7 ( section #bj7;a77#a74 4 #g4 ,confid5tiality requirem5ts ,section #ba7;a77#g77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#g77;,a77 is am5d$ 9 ! matt] prec$+ clause 7i7-- 7#a7 by /rik+ or telephone numb] & ins]t+ 1 telephone numb]1 or email address2 & 7#b7 by ins]t+ 1 or ! nature or cont5t ( su* assi/ance1 to any ,/ate1 local1 or ,f$]al ag5cy1 or to any ?ird p>ty aft] receiv+ assi/ance "u ?is section4 #h4 ,limitation on aw>d ( grants to small bus9ess developm5t c5t]s 7a7 ,9 g5]al ,section #ba ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh71 z am5d$ by section #c ( ?is ,act1 is am5d$-- 7#a7 9 subsection 7a77#a7-- 7,a7 by /rik+ any wom5's bus9ess c5t] op]at+ pursuant to section #bi12 7,b7 by /rik+ or a wom5's bus9ess c5t] op]at+ pursuant to section #bi z a ,small ,bus9ess ,developm5t ,c5t]2 & 7,c7 by /rik+ & wom5's bus9ess c5t]s op]at+ pursuant to section #bi2 & 7#b7 by add+ at ! end ! foll[+3 7p7 ,limitation on aw>d ( grants ,except = nonpr(it in/itutions ( high] education1 & not)/&+ any o!r provision ( law1 ! ,adm9i/rator may n aw>d a grant or contract to1 or ent] into a coop]ative agreem5t )1 an entity "u ?is section unless t entity-- 7#a7 receiv$ a grant or contract f1 or ent]$ into a coop]ative agreem5t )1 ! ,adm9i/rator "u ?is section be=e ! date ( enactm5t ( ?is subsection2 & 7#b7 seeks to r5ew su* a grant1 contract1 or coop]ative agreem5t aft] su* date4 4 7b7 ,rule ( con/ruction ,! am5dm5ts made by ?is section may n be con/ru$ z prohibit+ a wom5's bus9ess c5t] describ$ 9 section #bi ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdf7 f receiv+ a subgrant f an entity receiv+ a grant "u section #ba ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh74 #i4 ,au?orization ( appropriations = =mula grants receiv$ by ,/ates ,section #ba7;a77#d77;,c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#d77;,c77 is am5d$-- 7#a7 9 clause 7vii71 by /rik+ subp>agraph & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ subp>agraph #age1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbf42 & 7#b7 9 clause 7viii7-- 7,a7 by /rik+ %all res]ve n less ?an #a1jjj1jjj & ins]t+ %all res]ve n m ?an #b1jjj1jjj2 & 7,b7 by /rik+ #ajj1jjj & ins]t+ #bjj1jjj4 #aj4 ,requirem5ts relat+ to mat*+ funds ,section #ba7;a77#d77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#d77;,a77 is am5d$ by add+ at ! end ! foll[+3 ,su* mat*+ funds %all be evid5c$ by good fai? ass]tions f ! applicant1 & ! exp5diture ( mat*+ funds %all n be made a pr]equisite ( ! reimbursem5t ( ,f$]al funds1 not)/&+ ! f9al reconciliation paym5t = ! close-out ( ea* aw>d44 #aa4 ,duties ( ! ,associate ,adm9i/rator = ,small ,bus9ess ,developm5t ,c5t]s ,section #ba7;h77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;h77#b77 is am5d$ by add+ at ! end ! foll[+3 7,c7 ,m>ket+ ,! ,associate ,adm9i/rator = ,small ,bus9ess ,developm5t ,c5t]s %all m>ket & adv]tise ! ,small ,bus9ess ,developm5t ,c5t] ,program & p>ticipants 9 t ,program z a res\rce available to any ,f$]al program provid+ assi/ance to small bus9ess conc]ns1 includ+ ! ,,fa/ program e/abli%$ "u section #cd4 4 #ab4 ,det]m9ation ( budget>y effects ,! budget>y effects ( ?is ,act1 = ! purpose ( comply+ ) ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj1 %all be det]m9$ by ref]5ce to ! late/ /atem5t titl$ ,budget>y ,effects ( ,,paygo ,legislation = ?is ,act1 submitt$ = pr9t+ 9 ! ,congressional ,record by ! ,*airman ( ! ,h\se ,budget ,committee1 provid$ t su* /atem5t has be5 submitt$ prior to ! vote on passage4