,,ii #aah? ,,congress #b;d ,session ,s4 #eccb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #ad1 #bjbd,mr4 ,tillis 7= himself1 ,mr4 ,budd1 ,mr4 ,cassidy1 ,mr4 ,w>n]1 ,mr4 ,he9ri*1 ,mr4 ,scott ( ,s\? ,c>ol9a1 & ,ms4 ,ern/7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to appropriate am\nts to ! ,disa/] ,loans ,program ,acc\nt1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,re/or+ an ,economic ,lifel9e ) ,imm$iate ,em]g5cy ,fund+ ,act or ! ,,relief ,act4 #b4 ,small bus9ess disa/] loans 7a7 ,direct appropriations 7#a7 ,9 g5]al ,!re is appropriat$1 out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 = an additional am\nt = ,disa/] ,loans ,program ,acc\nt = fiscal ye> #bjbe = ! co/ ( direct loans au?oriz$ by section #g7;b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b771 #haj1jjj1jjj1 to rema9 available until exp5d$1 ( :i*-- 7,a7 #aj1jjj1jjj %all be transf]r$ to ,(fice ( ,inspector ,g5]al = audits & reviews ( disa/] loans & ! disa/] loan programs2 & 7,b7 #bej1jjj1jjj may be transf]r$ to ,sal>ies & ,exp5ses = adm9i/rative exp5ses to c>ry out ! disa/] loan program au?oriz$ by su* section #g7;b74 7#b7 ,prohibition ,none ( ! funds appropriat$ "u p>agraph 7#a7 may be us$ = indirect adm9i/rative exp5ses4 7#c7 ,em]g5cy designation 7,a7 ,9 g5]al ,! am\nts provid$ by ?is subsection are designat$ z an em]g5cy requirem5t pursuant to section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj 7#b ,u4,s4,c4 #icc7;g774 7,b7 ,designation 9 ,h\se & ,s5ate ,?is subsection is designat$ z be+ = an em]g5cy requirem5t pursuant to section #djja7;a77#a7 ( ,s4 ,con4 ,res4 #ad 7#aag? ,congress71 ! concurr5t resolution on ! budget = fiscal ye> #bjbb1 & to legislation e/abli%+ fiscal ye> #bjbe budget en=cem5t 9 ! ,h\se ( ,repres5tatives4 7b7 ,inspector ,g5]al review 7#a7 ,def9itions ,9 ?is subsection-- 7,a7 ! t]ms ,adm9i/ration & #8#8,adm9i/rator'' mean ! ,small ,bus9ess ,adm9i/ration & ! ,adm9i/rator !re(1 respectively2 7,b7 ! t]m #8#8appropriate committees ( ,congress'' means ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip & ! ,committee on ,appropriations ( ! ,s5ate & ! ,committee on ,small ,bus9ess & ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives2 7,c7 ! t]m cov]$ am\nts means am\nts made available = ! co/ ( direct loans au?oriz$ by section #g7;b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b772 & 7,d7 ! t]m ,inspector ,g5]al means ! ,inspector ,g5]al ( ! ,adm9i/ration4 7#b7 ,review 7,a7 ,9 g5]al ,! ,inspector ,g5]al %all conduct a review ( ! circum/ances & ! und]ly+ causes surr\nd+ ! fund+ %ortfall ) respect to cov]$ am\nts1 z describ$ 9 ! lett] f ,presid5t ,joseph ,r4 ,bid51 ,jr4 entitl$ ,lett] to ,congress on ,disa/] ,ne$s1 dat$ ,octob] #d1 #bjbd1 & ! lett] f ! ,adm9i/rator submitt$ to ! ,*airs & ,rank+ ,memb]s ( ! ,committees on ,appropriations ( ! ,s5ate & ! ,h\se ( ,repres5tatives1 dat$ ,octob] #aj1 #bjbd4 7,b7 ,cont5ts ,! review conduct$ "u subp>agraph 7,a7 %all include1 ) respect to ! fund+ %ortfall describ$ 9 t subp>agraph-- 7i7 a comp>ison ( mon?ly obligations ( cov]$ am\nts aga9/ project$ obligations ( cov]$ am\nts2 7ii7 an analysis ( ! accuracy ( projections & e/imates relat$ to project$ obligations ( cov]$ am\nts2 7iii7 ! id5tification & description ( any int]nal controls 9 place to manage cov]$ am\nts2 7iv7 ! id5tification ( actions t ! ,adm9i/ration c take to improve ! accuracy ( in=mation submitt$ by ! ,presid5t "u section #aaje7;a7 ( title #ca1 ,unit$ ,/ates ,code1 ) respect to ! ,adm9i/ration1 prev5t any future fund+ %ortfall ) respect to any acc\nt ( ! ,adm9i/ration1 & improve ! report submitt$ to ! appropriate committees ( ,congress "u section #abjia7;a7 ( ! ,small ,bus9ess ,disa/] ,response & ,loan ,improvem5ts ,act ( #bjjh 7#ae ,u4,s4,c4 #fcfk7a772 & 7v7 any o!r matt] det]m9$ relevant by ! ,inspector ,g5]al4 7,c7 ,report on f9d+s ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,inspector ,g5]al %all submit to ! appropriate committees ( ,congress a report t conta9s ! f9d+s ( ! review conduct$ "u subp>agraph 7,a74 7#c7 ,reports on corrections ,! ,adm9i/rator %all submit to ! appropriate committees ( ,congress-- 7,a7 n lat] ?an #cj days aft] ! date ( enactm5t ( ?is ,act1 a report detail+ corrections ! ,adm9i/ration w make to improve =eca/+1 data quality1 & budget assumptions relat+ to budget submissions relat+ to am\nts made available = ! co/ ( direct loans au?oriz$ by section #g7;b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b772 & 7,b7 n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 & e #ij days !reaft] until ! date t is #ij days aft] ! date on :i* all ! corrections describ$ 9 subp>agraph 7,a7 h be5 implem5t$1 a report-- 7i7 detail+ ! actions ! ,adm9i/ration has tak5 to implem5t ! corrections describ$ 9 subp>agraph 7,a72 & 7ii7 expla9+ h[ ea* action detail$ "u clause 7i7 is directly relat$ to implem5t+ #a or m corrections describ$ 9 subp>agraph 7,a74