,,ib ,union ,calendar ,no4 #gdg #aaith  
,,congress  #b;d ,session  ,h4 ,r4      
#ajceb ,report ,no4 #aai-hej ,,in ,,the 
,,house ,,of ,,representatives          
,september #ad1 #bjbf,ms4 ,simon 7for   
herself and ,mr4 ,alford7 introduced the
 following bill2 which was referred to  
the ,committee on ,small ,business      
,october #i1 #bjbf;,additional sponsor3 
,mr4 ,cisneros  ,october #i1            
#bjbf;,committed to the ,committee of   
the ,whole ,house on the ,state of the  
,union and ordered to be printed  ,a    
,,bill  ,to amend the ,small ,business  
,investment ,act of #aieh to allow the  
,administrator of the ,small ,business  
,administration the authority to        
increase amount of commitments to       
qualified ,state or local development   
companies1 and for other purposes4  #a4 
,short title ,this ,act may be cited as 
the #ejd ,program ,level ,flexibility   
,act4  #b4 ,authority to increase amount
 of commitments to qualified ,state or  
local development companies ,section    

#ejc of the ,small ,business ,investment
 ,act of #aieh 7#ae ,u4,s4,c4 #fig7 is  
amended by adding at the end the        
following new subsection3  7j7          
,authority ,to increase amount of       
commitments to qualified ,state or local
 development companies  7#a7 ,in general
 ,subject to paragraphs 7#b7 and 7#c7   
and with respect to fiscal year #bjbg   
and each fiscal year thereafter1 if the 
,administrator determines that the      
amount of commitments by the            
,administrator to guarantee loans       
authorized under this section for a     
fiscal year could exceed the limit on   
the total amount of commitments the     
,administrator may make for those loans 
under this ,act1 an appropriations ,act1
 or any other provision of law1 the     
,administrator may make commitments for 
those loans for that fiscal year in an  
aggregate amount equal to not more than 
#aae percent of that limit4  7#b7       
,notice required before exercising      
authority ,not later than #cj days      

before the date on which the            
,administrator intends to exercise the  
authority under paragraph 7#a71 the     
,administrator shall submit notice of   
intent to exercise the authority to--   
7,a7 the ,committee on ,small ,business 
and ,entrepreneurship and the           
,subcommittee on ,financial ,services   
and ,general ,government of the         
,committee on ,appropriations of the    
,senate2 and  7,b7 the ,committee on    
,small ,business and the ,subcommittee  
on ,financial ,services and ,general    
,government of the ,committee on        
,appropriations of the ,house of        
,representatives4  7#c7 ,limitation ,the
 ,administrator shall not exercise the  
authority under paragraph 7#a7 more than
 once during any fiscal year4  4        
,october #i1 #bjbf;,committed to the    
,committee of the ,whole ,house on the  
,state of the ,union and ordered to be  
printed