,,ii  #aaith ,,congress  #ast ,session  
,s4 #bbcb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #i1      
#bjbe,mr4 ,markey introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,small   
,business and ,entrepreneurship  ,a     
,,bill  ,to expand the surety bond      
program under the ,small ,business      
,investment ,act of #aieh1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,expanding the      
,surety ,bond ,program ,act of #bjbe4   
#b4 ,expansion of the ,surety ,bond     
,program  ,part ,b of title ,,iv of the 
,small ,business ,investment ,act of    
#aieh 7#ae ,u4,s4,c4 #fid;a et seq47 is 
amended-- 7#a7 in section #daa 7#ae     
,u4,s4,c4 #fid;b7-- 7,a7 in subsection  
7a77#a7-- 7i7 in subparagraph 7,a71 by  
striking #f1ejj1jjj and inserting       
#bj1jjj1jjj2 and  7ii7 by striking      
subparagraph 7,b7 and inserting the     
following3  7,b7 ,the ,administrator may
 guarantee a surety under subparagraph  

7,a7 for a total work order or contract 
in an amount that does not exceed       
#bj1jjj1jjj4  2 and  7,b7 in subsection 
7e7-- 7i7 in paragraph 7#a71 by striking
 the comma at the end and inserting a   
semicolon2  7ii7 in paragraph 7#b71 by  
striking #f1ejj1jjj1 and inserting the  
amount described in subparagraph 7,a7 or
 7,b7 of subsection 7a77#a71 as         
applicable22 and  7iii7 in paragraph    
7#c71 by striking 1 or and inserting 2  
or2 and  7#b7 in section #dab 7#ae      
,u4,s4,c4 #fid;c7-- 7,a7 in subsection  
7a71 in the third sentence1 by striking 
1 excluding administrative expenses12   
7,b7 by redesignating subsection 7b7 as 
subsection 7c72 and  7,c7 by inserting  
after subsection 7a7 the following3  7b7
 ,not more than #e percent of the amount
 in the fund described in subsection 7a7
 on the first day of each fiscal year   
may be obligated during that fiscal year
 to cover costs incurred by the         
,administration in connection with the  
management and administration of this   

part1 including costs related to        
information technology and systems1     
personnel1 outreach activities1 and     
relevant contracts4  4