,,ii  #aai? ,,congress  #b;d ,session   
,s4 #efcc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #cj1         
#bjbf,mrs4 ,%ahe5 introduc$ ! foll[+    
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,small ,bus9ess &         
,entrepr5eur%ip  ,a ,,bill  ,to am5d !  
,small ,bus9ess ,act to reau?orize !    
,/ate ,trade ,expansion ,program ( !    
,small ,bus9ess ,adm9i/ration1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,,/ep ,improvem5t ,act (   
#bjbf4  #b4 ,/ate ,trade ,expansion     
,program  7a7 ,application requirem5ts  
,section #bb7l77#c7 ( ! ,small ,bus9ess 
,act 7#ae ,u4,s4,c4 #fdi7l77#c77 is     
am5d$-- 7#a7 9 subp>agraph 7,d7-- 7,a7 9
 clause 7i71 by ins]t+ 1 includ+ a      
budget plan = use ( funds aw>d$ "u ?is  
subsection be=e ! p]iod at ! end2 &     
7,b7 by add+ at ! end ! foll[+3  7iii7  
,tim+ ,! ,associate ,adm9i/rator %all-- 
7,i7 publi% in=mation on h[ to apply = a
 grant "u ?is subsection1 includ+       
specific calculations & o!r det]m9ations

 us$ to aw>d su* a grant1 n lat] ?an    
,m>* #ca ( ea* ye>2  7,,ii7 e/abli% a   
deadl9e = ! submission ( applications t 
is-- 7aa7 n e>li] ?an #fj days aft] !   
date on :i* ! in=mation is publi%$ "u   
subclause 7,i72 &  7bb7 n lat] ?an--    
7,,aa7 ,may #ca ( ea* ye>2 or 7,,bb7 9 !
 ev5t t full-ye> appropriations = !     
program = a fiscal ye> h n be5 enact$ z 
( ,febru>y #a ( su* fiscal ye>1 #abj    
days aft] full-ye> appropriations are   
enact$2 &  7,,iii7 ann\nce grant        
recipi5ts n lat] ?an-- 7aa7 ,septemb]   
#cj ( ea* ye>2 or  7bb7 9 ! ev5t t      
full-ye> appropriations = ! program = a 
fiscal ye> h n be5 enact$ z ( ,febru>y  
#a ( su* fiscal ye>1 #baj days aft]     
full-ye> appropriations are enact$4     
7iv7 ,application /reaml9+ ,! ,associate
 ,adm9i/rator %all e/abli% a concise    
application = grants "u ! program t     
%all-- 7,i7 encompass all necess>y      
in=mation2 &  7,,ii7 to ! ext5t         
feasible1 use =ms common to o!r ,f$]al  
trade programs & r$uce unnecess>y or    

duplicative mat]ials4  2 &  7#b7 by add+
 at ! end ! foll[+3  7,e7 ,application  
in=mation ,! ,associate ,adm9i/rator    
%all cle>ly communicate to applicants & 
grant recipi5ts any in=mation ab\t !    
,/ate ,trade ,expansion ,program1       
includ+-- 7i7 = ea* unsuccessful        
applicant = a grant aw>d$ "u ?is        
subsection1 recomm5dations to improve a 
subsequ5t application = su* a grant2    
7ii7 = ea* successful applicant = su* a 
grant1 an explanation = ! am\nt aw>d$1  
if significantly diff]5t f ! am\nt      
reque/$ 9 ! application2 &  7iii7 a     
website1 :i* %all be ma9ta9$ & l9k$ to f
 ! prim>y website = ! program1 t        
includes ! mo/ up-to-date in=mation ab\t
 program requirem5ts1 eligible          
exp5ditures1 & proc$ures1 includ+ any   
*anges to su* in=mation due to decisions
 by /aff or program manag]s ( !         
,adm9i/ration4  7,f7 ,budget plan       
revisions  7i7 ,9 g5]al ,a ,/ate receiv+
 a grant "u ?is subsection may revise ! 
budget plan ( ! ,/ate submitt$ "u       

subp>agraph 7,d7 aft] ! disbursal (     
grant funds if-- 7,i7 ! revision        
complies ) all[able uses ( grant funds  
"u ?is subsection2 &  7,,ii7 su* ,/ate  
submits notification ( ! revision to !  
,associate ,adm9i/rator4  7ii7          
,exception ,if a revision "u clause 7i7 
reallocates #aj p]c5t or m ( ! am\nts   
describ$ 9 ! budget plan ( ! ,/ate      
submitt$ "u subp>agraph 7,d71 ! ,/ate   
may n implem5t ! revis$ budget plan )\t 
! approval ( ! ,associate ,adm9i/rator1 
unless ! ,associate ,adm9i/rator fails  
to approve or d5y ! revis$ plan )9 #cj  
cal5d> days aft] receipt ( su* revis$   
plan4  4  7b7 ,cap on r$uctions 9 grants
 ,section #bb7l7 ( ! ,small ,bus9ess    
,act 7#ae ,u4,s4,c4 #fdi7l77 is am5d$ by
 /rik+ p>agraph 7#d7 & ins]t+ ! foll[+3 
7#d7 ,limitations  7,a7 ,def9itions ,9  
?is p>agraph-- 7i7 ! t]m curr5t fiscal  
ye> means ! fiscal ye> = :i* !          
,adm9i/rator is det]m9+ ! am\nt ( a     
grant to be aw>d$ to a ,/ate1 t]ritory1 
or commonweal? "u ! program2 &  7ii7 !  

t]m prior fiscal ye> means ! mo/ rec5t  
fiscal ye> be=e ! curr5t fiscal ye> =   
:i* a ,/ate1 t]ritory1 or commonweal?   
receiv$ a grant "u ! program4  7,b7     
,g5]al limitation on r$uctions 9 grants 
,subject to subp>agraphs 7,c7 & 7,d71 ! 
,adm9i/rator may n aw>d a grant to a    
,/ate1 t]ritory1 or commonweal? "u !    
program = ! curr5t fiscal ye> 9 an am\nt
 t is less ?an #hj p]c5t ( ! am\nt      
receiv$ by ! ,/ate1 t]ritory1 or        
commonweal? "u a grant "u ! program = ! 
prior fiscal ye>4  7,c7 ,pot5tial       
additional adju/m5ts  7i7 ,exception =  
r$uction 9 appropriations ,subject to   
subp>agraph 7,d71 if ! total am\nt      
appropriat$ = ! program = ! curr5t      
fiscal ye> is less ?an ! am\nt          
appropriat$ = ! program = ! prior fiscal
 ye>1 = purposes ( apply+ subp>agraph   
7,b71 ! ,adm9i/rator %all sub/itute = ! 
am\nt receiv$ by ! ,/ate1 t]ritory1 or  
commonweal? "u a grant "u ! program = ! 
prior fiscal ye> ! product obta9$ by    
multiply+-- 7,i7 subject to clause 7ii7 

( ?is subp>agraph1 ! am\nt receiv$ by ! 
,/ate1 t]ritory1 or commonweal? "u a    
grant "u ! program = ! prior fiscal ye>2
 by  7,,ii7 ! ratio ( ! appropriation = 
! curr5t fiscal ye> to ! appropriation =
 ! prior fiscal ye>4  7ii7 ,exception = 
grantees t use less ?an #hj p]c5t ( !   
am\nt ( a grant ,subject to subp>agraph 
7,d71 if a ,/ate1 t]ritory1 or          
commonweal? exp5ds less ?an #hj p]c5t ( 
! am\nt ( a grant "u ! program = ! prior
 fiscal ye> be=e ! end ( ! p]iod ( !    
grant = ! prior fiscal ye> e/abli%$ "u  
p>agraph 7#c77;,c77iii77,i71 = purposes 
( apply+ subp>agraph 7,b7 ( ?is         
p>agraph1 if appropriations are n r$uc$1
 or apply+ clause 7i7 ( ?is subp>agraph1
 if appropriations are r$uc$1 !         
,adm9i/rator %all sub/itute = ! am\nt   
receiv$ by ! ,/ate1 t]ritory1 or        
commonweal? "u a grant "u ! program = ! 
prior fiscal ye> ! diff]5ce obta9$ by   
subtract+-- 7,i7 ! am\nt equal to #ej   
p]c5t ( ! am\nt rema9+ available "u !   
grant "u ! program to ! ,/ate1 t]ritory1

 or commonweal? = ! prior fiscal ye>1 z 
( ! la/ day ( su* p]iod2 f  7,,ii7 !    
am\nt ( ! grant "u ! program to ! ,/ate1
 t]ritory1 or commonweal? = ! prior     
fiscal ye>4  7iii7 ,exception = increase
 9 grantees result+ 9 insuffici5t fund+ 
,if ! numb] ( ,/ates1 t]ritories1 or    
commonweal?s p>ticipat+ 9 ! program has 
increas$ f ! prior fiscal ye> to su* an 
ext5t t fund+ is n suffici5t to provide 
ea* grantee ! m9imum am\nt requir$ "u   
?is p>agraph 7includ+ any r$uctions "u  
clause 7i7 or 7ii7 ( ?is subp>agraph1 if
 applicable7 ! ,adm9i/rator may make pro
 rata r$uctions to ! m9imum grant am\nt 
o!rwise requir$ "u ?is p>agraph on a    
"o-"t basis to ensure t all qualifi$    
applicants may receive grants4  7,d7    
,violations ,! am\nt ( a grant to a     
,/ate1 t]ritory1 or commonweal? may be  
less ?an ! m9imum am\nt det]m9$ "u      
subp>agraph 7,b7 7includ+ any           
sub/itution ( am\nts "u clauses 7i7 &   
7ii7 ( subp>agraph 7,c71 z applicable71 
if ! ,/ate1 t]ritory1 or commonweal? has

 be5 f\nd to h committ$ a significant   
violation ( ! rules or policies ( !     
program4  4  7c7 ,survey ,section #bb7l7
 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4
 #fdi7l77 is am5d$-- 7#a7 by r$esignat+ 
7#g7 ?r\gh 7#i7 z p>agraphs 7#i7 ?r\gh  
7#aa71 respectively2  7#b7 by r$esignat+
 p>agraphs 7#e7 & 7#f7 z p>agraphs 7#f7 
& 7#g71 respectively2 &  7#c7 by ins]t+ 
aft] p>agraph 7#g7 ! foll[+3  7#h7      
,survey ,! ,associate ,adm9i/rator %all 
conduct an annual survey ( ea* ,/ate t  
receiv$ a grant "u ?is subsection dur+ !
 prec$+ ye> to solicit fe$back on !     
program & develop be/ practices =       
grantees4  4  7d7 ,fund+ =mula ,section 
#bb7l7 ( ! ,small ,bus9ess ,act 7#ae    
,u4,s4,c4 #fdi7l77 is am5d$ by ins]t+   
aft] p>agraph 7#d71 z am5d$ by          
subsection 7b7 ( ?is section1 ! foll[+3 
7#e7 ,fund+ =mula  7,a7 ,m9imum         
allocation ,subject to p>agraph 7#d71 & 
except z provid$ o!rwise 9 ?is p>agraph1
 ! m9imum am\nt ( a grant "u ! program =
 a fiscal ye>-- 7i7 = a t]ritory or     

commonweal?1 %all be ! am\nt equal to   
#j4e p]c5t ( ! total am\nt appropriat$ =
 ! program = ! fiscal ye>2 &  7ii7 = a  
,/ate1 %all be ! am\nt equal to #j4ge   
p]c5t ( ! total am\nt appropriat$ = !   
program = ! fiscal ye>4  7,b7           
,additional funds  7i7 ,9 g5]al ,subject
 to clause 7ii71 am\nts rema9+ = grants 
"u ! program = a fiscal ye> aft] !      
m9imum allocation "u subp>agraph 7,a7   
%all be allocat$ among ,/ates receiv+ a 
grant "u ! program 9 accordance ) !     
foll[+ metrics3 7,i7 #bj p]c5t ( am\nts 
rema9+ %all be proportionally allocat$  
bas$ on ! ratio1 = ! mo/ rec5tly        
complet$ grant cycle = :i* complete     
report+ data is available1 ( ! doll>    
value ( export sales report$ by a ,/ate 
t 7 initiat$ z a result ( program       
activities und]tak5 by eligible small   
bus9ess conc]ns t are locat$ 9 ! ,/ate  
to ! am\nt ( ! grant receiv$ by ! ,/ate4
  7,,ii7 #bj p]c5t ( am\nts rema9+ %all 
be proportionally allocat$ bas$ on !    
ratio1 = ! mo/ rec5tly complet$ grant   

cycle = :i* complete report+ data is    
available1 ( ! total numb] ( activities 
describ$ 9 p>agraph 7#b7 und]tak5 by    
eligible small bus9ess conc]ns          
p>ticipat+ 9 ! program t are locat$ 9 ! 
,/ate to ! am\nt ( ! grant receiv$ by ! 
,/ate4  7,,iii7 #ae p]c5t ( am\nts      
rema9+ %all be proportionally allocat$  
bas$ on ! ratio1 = ! mo/ rec5tly        
complet$ grant cycle = :i* complete     
report+ data is available1 ( ! numb] (  
eligible small bus9ess conc]ns          
p>ticipat+ 9 ! program = ! fir/ "t t are
 locat$ 9 ! ,/ate to ! am\nt ( ! grant  
receiv$ by ! ,/ate4  7,,iv7 #ae p]c5t ( 
am\nts rema9+ %all be proportionally    
allocat$ bas$ on ! ratio1 = ! mo/       
rec5tly complet$ grant cycle = :i*      
complete report+ data is available1 ( ! 
numb] ( eligible small bus9ess conc]ns  
p>ticipat+ 9 ! program t are locat$ 9 ! 
,/ate & t engag$ 9 trade outside !      
,unit$ ,/ates = ! fir/ "t to ! am\nt ( !
 grant receiv$ by ! ,/ate4  7,v7 #ae    
p]c5t ( am\nts rema9+ %all be           

proportionally allocat$ bas$ on ! ratio1
 = ! mo/ rec5tly complet$ grant cycle = 
:i* complete report+ data is available1 
( ! total numb] ( new m>kets rea*$ by   
eligible small bus9ess conc]ns          
p>ticipat+ 9 ! program t are locat$ 9 ! 
,/ate to ! am\nt ( ! grant receiv$ by ! 
,/ate4  7,,vi7 #ae p]c5t ( am\nts rema9+
 %all be proportionally allocat$ bas$ on
 ! ratio1 = ! mo/ rec5tly complet$ grant
 cycle1 ( ! total numb] ( eligible small
 bus9ess conc]ns p>ticipat+ 9 ! program 
t are locat$ 9 ! ,/ate to ! numb] (     
eligible small bus9ess conc]ns          
p>ticipat+ 9 ! program t are locat$ 9 ! 
,/ate & t meet #a or m ( ! foll[+       
crit]ia3 7aa7 ,locat$ 9 a l[-income or  
mod]ate-income area4  7bb7 ,locat$ 9 a  
rural area4  7cc7 ,locat$ 9 an          
,h,u,b,zone1 z t t]m is def9$ 9 section 
#ca7;b74  7dd7 ,locat$ 9 a community t  
has be5 designat$ z an emp[]m5t zone or 
ent]prise community "u section #acia ( !
 ,int]nal ,rev5ue ,code ( #aihf4  7ee7  
,locat$ 9 a community t has be5         

designat$ z a promise zone by !         
,secret>y ( ,h\s+ & ,urban ,developm5t4 
7ff7 ,locat$ 9 a community t has be5    
designat$ z a qualifi$ opportunity zone 
"u section #adjj,z-#a ( ! ,int]nal      
,rev5ue ,code ( #aihf4  7gg7 ,be+ own$  
by wom54  7ii7 ,limitation ,9 allocat+  
funds "u ea* ( subclauses 7,i7 ?r\gh    
7,,vi7 ( clause 7i71 ! am\nt ( funds    
allocat$ "u su* subclause to ! ,/ate ) !
 highe/ ratio = a metric may n be m ?an 
#aj times ! am\nt ( funds allocat$ "u   
su* subclause to ! ,/ate ) ! l[e/ ratio 
t is great] ?an z]o = t metric4  7,c7   
,limit on r$uction bel[ grant be=e      
enactm5t ,9 addition to ! limitations "u
 p>agraph 7#d71 & except to ! ext5t a   
,/ate elects to return funds "u         
subp>agraph 7,e71 ! am\nt ( a grant to !
 ,/ate "u ! program = any fiscal ye> may
 n be less ?an ! am\nt ( ! grant to !   
,/ate "u ! program = ! mo/ rec5t full   
fiscal ye> be=e ! date ( enactm5t ( !   
,/ate ,trade ,expansion ,program        
,mod]nization ,act ( #bjbd = :i* ! ,/ate

 receiv$ su* a grant4  7,d7 ,mat*+      
requirem5t = =mula funds ,! ,associate  
,adm9i/rator %all provide to ea* ,/ate  
receiv+ a grant "u ! program an aw>d 9 !
 am\nt calculat$ 9 accordance ) ! fund+ 
=mula "u subp>agraphs 7,a71 7,b71 & 7,c7
 if ! ,/ate has committ$ to provide !   
necess>y ca%1 indirect co/s1 & 9-k9d    
contributions = ! non-,f$]al %>e ( ! co/
 ( ! trade expansion program ( ! ,/ate1 
z requir$ "u p>agraph 7#g74  7,e7       
,return ( grants ,n lat] ?an #ae days   
aft] ! date on :i* ! ,associate         
,adm9i/rator notifies a ,/ate ( ! am\nt 
to be aw>d$ to ! ,/ate "u a grant "u !  
program = a fiscal ye>1 ! ,/ate may     
decl9e or return to ! ,associate        
,adm9i/rator1 9 :ole or 9 "p1 su*       
am\nts4  7,f7 ,di/ribution ( return$ &  
rema9+ am\nts  7i7 ,rema9+ am\nts ,9 ?is
 subp>agraph1 ! t]m rema9+ am\nts       
means-- 7,i7 am\nts decl9$ or return$ "u
 subp>agraph 7,e7 = a fiscal ye>2 or    
7,,ii7 am\nts rema9+ = grants "u !      
program = a fiscal ye> aft] allocat+    

funds 9 accordance ) subp>agraphs 7,a71 
7,b71 & 7,c7 due to r$uctions 9 ! am\nt 
( grants because ( ! am\nt committ$ by  
,/ates = ! non-,f$]al %>e ( ! co/ ( !   
trade expansion program ( ! ,/ates4     
7ii7 ,di/ribution ,! ,associate         
,adm9i/rator %all di/ribute any rema9+  
am\nts = a fiscal ye> among ! ,/ates    
receiv+ a grant "u ! program t reque/$  
to receive su* rema9+ am\nts1 9 an am\nt
 t is proportional to ! allocations "u  
subp>agraphs 7,a71 7,b71 & 7,c74  7,g7  
,limitation on basis = r$uc+ am\nts ,!  
,associate ,adm9i/rator may n r$uce !   
am\nt det]m9$ to be allocat$ or         
di/ribut$ to a ,/ate "u any subp>agraph 
( ?is p>agraph bas$ on ! propos$ use (  
su* am\nt by ! ,/ate1 except to ! ext5t 
t su* use is n an eligible use ( funds =
 a grant "u ! program4  7,h7 ,r\nd+ ,!  
total am\nt ( a grant to a ,/ate1       
t]ritory1 or commonweal? "u ! program1 z
 det]m9$ "u ?is p>agraph1 %all be r\nd$ 
to ! ne>e/ increm5t ( #a1jjj4  7,i7     
,application  7i7 ,9 g5]al ,! ,associate

 ,adm9i/rator %all aw>d grants "u ?is   
subsection bas$ on ! =mula describ$ 9   
?is p>agraph1 & )\t reg>d to p>agraph   
7#c77;,b7-- 7,i7 = ! second consecutive 
fiscal ye> = :i* ! am\nt made available 
= ! program is n less ?an #cj1jjj1jjj2 &
  7,,ii7 = ea* fiscal ye> aft] ! fiscal 
ye> describ$ 9 subclause 7,i7 = :i* !   
am\nt made available = ! program is n   
less ?an #cj1jjj1jjj4  7ii7 ,aw>d :5 n  
bas$ on =mula ,= any fiscal ye> = :i*   
grants are n aw>d$ bas$ on ! =mula      
describ$ 9 ?is p>agraph1 ! ,associate   
,adm9i/rator %all aw>d grants "u ?is    
subsection on a competitive basis1 tak+ 
into acc\nt ! consid]ations describ$ 9  
p>agraph 7#c77;,b74  7,j7 ,transition   
plan  7i7 ,initial plan  7,i7 ,9 g5]al  
,if ! am\nt made available = ! program =
 a fiscal ye> is n less ?an #cj1jjj1jjj1
 ! ,associate ,adm9i/rator %all develop 
a transition plan describ+ h[ !         
,adm9i/ration int5ds to beg9 aw>d+      
grants bas$ on ! =mula describ$ 9 ?is   
p>agraph1 to ensure ! ,adm9i/ration is  

prep>$ to aw>d grants bas$ on ! =mula   
describ$ 9 ?is p>agraph if ! am\nt made 
available = ! program = ! next fiscal   
ye> is n less ?an #cj1jjj1jjj4  7,,ii7  
,"o-"t requirem5t ,subclause 7,i7 %all n
 apply on & aft] ! fir/ day ( ! fir/    
fiscal ye> = :i* ! ,associate           
,adm9i/rator aw>ds grants bas$ on !     
=mula describ$ 9 ?is p>agraph4  7,,iii7 
,requirem5t to use =mula ,! ,associate  
,adm9i/rator %all aw>d grants bas$ on ! 
=mula describ$ 9 ?is p>agraph 9         
accordance ) ! requirem5ts "u           
subp>agraph 7,i71 )\t reg>d to :e!r !   
,associate ,adm9i/rator develops !      
transition plan requir$ "u subclause    
7,i7 ( ?is clause4  7ii7 ,updates ,if1 =
 any fiscal ye> aft] ! fir/ fiscal ye> =
 :i* ! ,associate ,adm9i/rator aw>ds    
grants bas$ on ! =mula describ$ 9 ?is   
p>agraph1 ! am\nt made available = !    
program = ! fiscal ye> is less ?an      
#cj1jjj1jjj1 ! ,associate ,adm9i/rator  
%all update ! plan to aw>d grants bas$  
on ! =mula describ$ 9 ?is p>agraph1 to  

ensure ! ,adm9i/ration is prep>$ to aw>d
 grants bas$ on ! =mula describ$ 9 ?is  
p>agraph if ! am\nt made available = !  
program = ! next fiscal ye> is n less   
?an #cj1jjj1jjj4  7,k7 ,report+ ,n lat] 
?an #ahj days aft] ! end ( ea* fiscal   
ye> = :i* ! am\nt ( grants "u ?is       
subsection is det]m9$ "u ! =mula        
describ$ 9 ?is p>agraph1 ! ,associate   
,adm9i/rator %all submit to ! ,committee
 on ,small ,bus9ess & ,entrepr5eur%ip ( 
! ,s5ate & ! ,committee on ,small       
,bus9ess ( ! ,h\se ( ,repres5tatives a  
report t provides ! in=mation us$ by !  
,associate ,adm9i/rator to det]m9e !    
am\nts ( grants "u ! =mula1 :i* %all    
include = ! applicable fiscal ye>-- 7i7 
! numb] ( ,/ates t appli$ = a grant "u !
 program2  7ii7 ! numb] ( ,/ates t      
receiv$ a grant "u ! program2  7iii7 !  
raw data = ea* factor us$ to calculate  
aw>d am\nts 9 accordance ) subp>agraph  
7,b71 brok5 out by ,/ate2  7iv7 !       
utilization rates ( ea* grantee1 brok5  
out by grantee2  7v7 ! am\nt c>ri$ ov]  

by a grantee "u p>agraph                
7#c77;,c77iii77,,ii77aa71 brok5 out by  
grantee2  7vi7 ! am\nt return$ to       
,treasury due to a failure to use !     
am\nts "u p>agraph                      
7#c77;,c77iii77,,ii77cc71 brok5 out by  
grantee2 &  7vii7 ! am\nt return$ to !  
,associate ,adm9i/rator dur+ ! p]iod    
describ$ 9 subp>agraph 7,e74  4  7e7    
,reports ,p>agraph 7#i7 ( section #bb7l7
 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4
 #fdi7l771 z s r$esignat$ by subsection 
7c71 is am5d$-- 7#a7 9 subp>agraph      
7,b7-- 7,a7 9 clause 7i7-- 7i7 9        
subclause 7,i71 by ins]t+ 1 z well z !  
tim+ ( applications & aw>d ann\ncem5ts  
be=e ! semicolon at ! end2  7ii7 9      
subclause 7,,iii71 by ins]t+ 1 includ+ !
 total numb] ( eligible small bus9ess   
conc]ns assi/$ by ! program             
7disaggregat$ by economically di/ress$  
small bus9ess conc]ns1 small bus9ess    
conc]ns own$ & controll$ by wom51 &     
rural small bus9ess conc]ns7 be=e !     
semicolon at ! end2  7iii7 9 subclause  

7,,iv71 by /rik+ & at ! end2  7iv7 9    
subclause 7,v7-- 7,i7 by /rik+          
description ( be/ practices & ins]t+    
detail$ description ( be/ practices2 &  
7,,ii7 by /rik+ ! p]iod at ! end &      
ins]t+ a semicolon2 &  7v7 by add+ at ! 
end ! foll[+3  7,,vi7 an analysis ( !   
p]=mance metrics describ$ 9 clause      
7iii71 includ+ a det]m9ation ( :e!r or n
 any goals relat+ to su* p]=mance       
metrics 7 met1 & an analysis ( ! survey 
describ$ 9 p>agraph 7#h72 &  7,,vii7 a  
description ( lessons le>n$ by grant    
recipi5ts "u ?is subsection t may apply 
to o!r assi/ance provid$ by !           
,adm9i/ration4  2 &  7,b7 by add+ at !  
end ! foll[+3  7iii7 ,p]=mance metrics  
,annually1 ! ,associate ,adm9i/rator    
%all collect data on eligible small     
bus9ess conc]ns assi/$ by ! program = ! 
foll[+ p]=mance metrics3 7,i7 ,total    
numb] ( su* conc]ns1 disaggregat$ by    
economically di/ress$ small bus9ess     
conc]ns1 small bus9ess conc]ns own$ &   
controll$ by wom51 & rural small bus9ess

 conc]ns4  7,,ii7 ,total doll> am\nt (  
export sales by eligible small bus9ess  
conc]ns assi/$ by ! program4  7,,iii7   
,numb] ( su* conc]ns t h n previ\sly    
p>ticipat$ 9 an activity describ$ 9     
p>agraph 7#b74  7,,iv7 ,numb] ( su*     
conc]ns t1 because ( p>ticipation 9 !   
program1 h access$ a new m>ket4  7,v7   
,numb] ( su* conc]ns t1 because (       
p>ticipation 9 ! program1 h creat$ new  
jobs4  7,,vi7 ,numb] ( su* conc]ns      
p>ticipat+ 9 =eign trade missions or    
trade %[ exhibitions1 disaggregat$ by   
economically di/ress$ small bus9ess     
conc]ns1 small bus9ess conc]ns own$ &   
controll$ by wom51 & rural small bus9ess
 conc]ns4  2 &  7#b7 by add+ at ! end ! 
foll[+3  7,c7 ,report+ by recipi5ts2    
process+ ( reimbursem5ts  7i7 ,9 g5]al  
,! ,associate ,adm9i/rator %all-- 7,i7  
e/abli% = recipi5ts ( grants "u !       
program a report+ process1 template1 or 
spread%eet =mat to report in=mation     
reg>d+ ! program t m9imizes manual data 
entry1 includ+ p]=mance data1 =         

p>ticipat+ grant recipi5ts & r$uces     
duplicative or unnecess>y report+       
requirem5ts1 except z ne$$ to report    
congressionally requir$ key p]=mance    
indicators1 make fund+ decisions1 or    
conduct necess>y ov]sight ( ! program2 &
  7,,ii7 to ! maximum ext5t feasible1 & 
work+ 9 conjunction ) ! ,*ief ,te*nology
 ,(fic] or any successor (ficial )9 !   
,adm9i/ration1 accommodate ! upload+ ( !
 data1 templates1 or spread%eets g5]at$ 
by cu/om] relation%ip managem5t or      
spread%eet s(tw>e4  7ii7 ,process+ (    
reimbursem5t reque/s ,! ,associate      
,adm9i/rator %all-- 7,i7 process        
in=mation submitt$ by a ,/ate1 t]ritory1
 or commonweal? = purposes ( obta9+     
reimbursem5t = eligible activities 9 a  
timely mann]2  7,,ii7 notify a ,/ate1   
t]ritory1 or commonweal? if su*         
in=mation is n process$ on or be=e !    
date t is #ba days aft] ! date su*      
in=mation is submitt$2 &  7,,iii7       
provide an e/imat$ completion timel9e ) 
any notification "u subclause 7,,ii74   

7,d7 ,mon?ly obligations ,n lat] ?an #cj
 days aft] ! date ( enactm5t ( ?is      
subp>agraph1 & e mon? !reaft]1 !        
,adm9i/ration %all submit to !          
,committee on ,small ,bus9ess &         
,entrepr5eur%ip & ! ,committee on       
,appropriations ( ! ,s5ate & !          
,committee on ,small ,bus9ess & !       
,committee on ,appropriations ( ! ,h\se 
( ,repres5tatives a mon?ly obligations  
report t includes in=mation on          
obligations ( fund+ "u ! program1 :i*   
%all include-- 7i7 ! ,treasury ,acc\nt  
,symbols2  7ii7 ! p]iod ( availability2 
7iii7 ! unobligat$ balance = ! program  
at ! beg9n+ ( ! mon?2  7iv7 mon?ly      
realiz$ recov]ies or recaptures2  7v7   
mon?ly obligations2  7vi7 a comp>ison ( 
! obligations incurr$ 9 ! p]iod cov]$ by
 ! report to ! obligations incurr$ 9 !  
same p]iod 9 ! #b prior fiscal ye>s2 &  
7vii7 ! result+ unobligat$ balances at !
 end ( ! mon?4  4  7f7 ,expansion (     
def9ition ( eligible small bus9ess      
conc]n2 economically di/ress$ small     

bus9ess conc]n  7#a7 ,9 g5]al ,section  
#bb7l77#a7 ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fdi7l77#a77 is am5d$-- 7,a7 
be r$esignat+ subp>agraphs 7,a7 ?r\gh   
7,e7 z subp>agraphs 7,b7 ?r\gh 7,f71    
respectively2  7,b7 by ins]t+ be=e      
subp>agraph 7,b71 z s r$esignat$1 !     
foll[+3  7,a7 ! t]m economically        
di/ress$ small bus9ess conc]n means a   
small bus9ess conc]n t is-- 7i7 locat$ 9
 a l[-income or mod]ate-income area2    
7ii7 locat$ 9 an ,h,u,b,zone1 z def9$ 9 
section #ca7;b72  7iii7 locat$ 9 a      
community t has be5 designat$ z an      
emp[]m5t zone or ent]prise community "u 
section #acia ( ! ,int]nal ,rev5ue ,code
 ( #aihf2  7iv7 locat$ 9 a community t  
has be5 designat$ z a promise zone by ! 
,secret>y ( ,h\s+ & ,urban ,developm5t2 
or  7v7 locat$ 9 a community t has be5  
designat$ z a qualifi$ opportunity zone 
"u section #adjj,z-#a ( ! ,int]nal      
,rev5ue ,code ( #aihf2  2 &  7,c7 9     
subp>agraph 7,b71 z s r$esignat$-- 7i7 9
 clause 7iii77,,ii71 by add+ & at ! end2

  7ii7 by /rik+ clause 7iv72 &  7iii7 by
 r$esignat+ clause 7v7 z clause 7iv74   
7#b7 ,limitation on use ( funds =       
p>ticipation 9 =eign trade missions     
,section #bb7l77#b77;,a7 ( ! ,small     
,bus9ess ,act 7#ae ,u4,s4,c4            
#fdi7l77#b77;,a77 is am5d$ by ins]t+ by 
eligible small bus9ess conc]ns t h be5 9
 op]ation = n less ?an #a ye> aft] trade
 missions4  7g7 ,requirem5ts relat$ to  
,/ate employees ,section #bb7l77#c7 ( ! 
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fdi7l77#c771 z am5d$ by subsection 7a71
 is am5d$ by add+ at ! end ! foll[+3    
7,g7 ,limitation on collection ( /ate   
(ficial & employee in=mation  7i7 ,9    
g5]al ,subject to clause 7ii71 !        
,associate ,adm9i/rator-- 7,i7 may only 
collect "n1 position1 & contact         
in=mation = any ,/ate1 t]ritory1 or     
commonweal? (ficial or employee unless t
 (ficial or employee is ! designat$     
/aff] manag+ a grant "u ?is subsection2 
&  7,,ii7 may only require t a ,/ate1   
t]ritory1 or commonweal? receiv+ a grant

 "u ?is subsection report ! sal>y ( a   
,/ate1 t]ritory1 or commonweal? (ficial 
or employee to ! ext5t t ! ,/ate1       
t]ritory1 or commonweal?-- 7aa7 includes
 su* sal>y z "p ( ! non-,f$]al %>e ( !  
co/ ( ! trade expansion program2 or     
7bb7 uses am\nts receiv$ "u ! grant = ! 
co/ ( su* sal>y1 9 :ole or 9 "p4  7ii7  
,exceptions ,not)/&+ clause 7i71 !      
,associate ,adm9i/rator may require a   
,/ate1 t]ritory1 or commonweal? to      
provide in=mation ab\t a ,/ate1         
t]ritory1 or commonweal? (ficial or     
employee t is relevant to any           
inve/igation into suspect$ mismanagem5t1
 fraud1 or malfeasance or t is necess>y 
to comply ) ,f$]al grant requirem5ts4  4
  7h7 ,au?orization ( appropriations    
,p>agraph 7#aa7 ( section #bb7l7 ( !    
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fdi7l771 z s r$esignat$ by subsection  
7b71 is am5d$ by /rik+ fiscal ye>s #bjaf
 ?r\gh #bjbj & ins]t+ fiscal ye>s #bjbg 
?r\gh #bjca4  7i7 ,report to ,congress  
,n lat] ?an #a ye> aft] ! date (        

enactm5t ( ?is ,act1 ! ,associate       
,adm9i/rator = ,int]national ,trade ( ! 
,small ,bus9ess ,adm9i/ration %all      
submit to ,congress a report on ! ,/ate 
,trade ,expansion ,program e/abli%$ "u  
section #bb7l7 ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fdi7l771 z am5d$ by ?is 
section1 t includes a description (--   
7#a7 ! process develop$ = review (      
revis$ budget plans submitt$ "u         
subp>agraph 7,f7 ( section #bb7l77#c7 ( 
! ,small ,bus9ess ,act 7#ae ,u4,s4,c4   
#fdi7l77#c771 z add$ by ?is ,act2  7#b7 
! process ?r\gh :i* ! ,small ,bus9ess   
,adm9i/ration selects & funds grantees &
 ! crit]ia us$ by ! ,adm9i/ration 9 mak+
 su* decisions2  7#c7 any *anges made to
 /reaml9e ! application & report+       
processes to remove duplicative         
requirem5ts & create a m transp>5t      
process2  7#d7 ! process develop$ to %>e
 be/ practices by ,/ates describ$ 9     
p>agraph 7#i77;,b77i77,v7 ( section     
#bb7l7 ( ! ,small ,bus9ess ,act 7#ae    
,u4,s4,c4 #fdi7l771 z s r$esignat$ by   

?is ,act1 p>ticul>ly = fir/-"t grant    
recipi5ts "u ! ,/ate ,trade ,expansion  
,program or grant recipi5ts t are fac+  
problems us+ grant funds2 &  7#e7 !     
process develop$ to communicate1 bo?    
v]bally & 9 writ+1 relevant in=mation   
ab\t ! ,/ate ,trade ,expansion ,program 
to all grant recipi5ts 9 a timely mann]4