S.Amdt. 3343

SA 3343. Ms. LANDRIEU submitted an amendment intended to be proposed
to amendment SA 3336 proposed by Mr. Baucus) to the bill H.R. 4213, to
amend the Internal Revenue Code of 1986 to extend certain expiring
provisions, and for other purposes; which was ordered to lie on the
table; as follows:

At the appropriate place, insert the following:

SEC. __. SMALL BUSINESS TECHNICAL ASSISTANCE.

(a) Microloan Program.--Section 7(m)(4)(B) of the Small
Business Act (15 U.S.C. 636(m)(4)(B)) is amended--
(1) by striking ``As a condition'' and all that follows
through ``the Administration shall require'' and inserting
the following:
``(i) In general.--Subject to clause (ii), as a condition
of a grant made under subparagraph (A), the Administrator
shall require''; and
(2) by adding at the end the following:
``(ii) Waiver of non-federal share.--

``(I) In general.--Upon request by an intermediary, and
in accordance with this clause, the Administrator may waive,
in whole or in part, the requirement to obtain non-Federal
funds under clause (i).
``(II) Considerations.--In determining whether to waive
the requirement to obtain non-Federal funds under this
clause, the Administrator shall consider--

``(aa) the economic conditions affecting the
intermediary;
``(bb) the impact a waiver under this clause would have
on the credibility of the microloan program under this
subsection;
``(cc) the demonstrated ability of the intermediary to
raise non-Federal funds; and
``(dd) the performance of the intermediary.

``(III) Limitation.--The Administrator may not waive the
requirement to obtain non-Federal funds under this clause if
granting the waiver would undermine the credibility of the
microloan program under this subsection.''.

(b) Women's Business Center Program.--Section 29(c) of
the Small Business Act (15 U.S.C. 656(c)) is amended--
(1) in paragraph (1), by striking ``As a condition'' and
inserting ``Subject to paragraph (5), as a condition''; and
(2) by adding at the end the following:
``(5) Waiver of non-federal share relating to technical
assistance and counseling.--
``(A) In general.--Upon request by a recipient
organization, and in accordance with this paragraph, the
Administrator may waive, in whole or in part, the requirement
to obtain non-Federal funds under this subsection for the
technical assistance and counseling activities of the
recipient organization carried out using financial assistance
under this section.
``(B) Considerations.--In determining whether to waive
the requirement to obtain non-Federal funds under this
paragraph, the Administrator shall consider--
``(i) the economic conditions affecting the recipient
organization;
``(ii) the impact a waiver under this clause would have
on the credibility of the women's business center program
under this section;
``(iii) the demonstrated ability of the recipient
organization to raise non-Federal funds; and
``(iv) the performance of the recipient organization.
``(C) Limitation.--The Administrator may not waive the
requirement to obtain non-Federal funds under this paragraph
if granting the waiver would undermine the credibility of the
women's business center program under this section.''.
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