S.Amdt. 4537Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4537

Submitted July 28, 2010

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Senate amendment submitted

July 28, 2010

Text

Submitted

SA 4537. Mr. CASEY submitted an amendment intended to be proposed to
amendment SA 4519 proposed by Mr. Reid (for himself, Mr. Baucus, and
Ms. Landrieu) to the bill H.R. 5297, to create the Small Business
Lending Fund Program to direct the Secretary of the Treasury to make
capital investments in eligible institutions in order to increase the
availability of credit for small businesses, to amend the Internal
Revenue Code of 1986 to provide tax incentives for small business job
creation, and for other purposes; which was ordered to lie on the
table; as follows:

On page 103, after line 21, add the following:

SEC. 1336. STUDY BY COMPTROLLER GENERAL.

(a) Definitions.--In this section--
(1) the terms ``HUBZone small business concern'', ``small
business concern'', ``small business concern owned and
controlled by service-disabled veterans'', and ``small
business concern owned and controlled by women'' have the
meaning given those terms under section 3 of the Small
Business Act (15 U.S.C. 632);
(2) the term ``minority business enterprise'' means a small
business concern that is unconditionally owned, controlled,
and managed by an individual who is--
(A) a Black American;

[[Page S6446]]

(B) a Hispanic American;
(C) a Native American, including an American Indian,
Eskimo, Aleut, or Native Hawaiian;
(D) an Asian Pacific American, including an individual
having origins in any of the original peoples of Myanmar,
Thailand, Malaysia, Indonesia, Singapore, Brunei, Japan,
China (including Hong Kong), Taiwan, Laos, Cambodia
(Kampuchea), Vietnam, North Korea, South Korea, the
Philippines, a United States Trust Territory of the Pacific
Islands (including the Republic of Palau), the Republic of
the Marshall Islands, the Federated States of Micronesia, the
Commonwealth of the Northern Mariana Islands, Guam, Samoa,
Macao, Fiji, Tonga, Kiribati, Tuvalu, or Nauru;
(E) a Subcontinent Asian American, including an individual
having origins in any of the original peoples of India,
Pakistan, Bangladesh, Sri Lanka, Bhutan, the Maldives
Islands, or Nepal; or
(F) a member of another minority group, as determined by
the Administrator of the Small Business Administration;
(3) the term ``qualified HUBZone small business concern''
means a HUBZone small business concern that is qualified
under section 3(p)(5) of the Small Business Act (15 U.S.C.
632(p)(5)); and
(4) the term ``small business concern owned and controlled
by socially and economically disadvantaged individuals'' has
the meaning given that term in section 8(d)(3)(C) of the
Small Business Act (15 U.S.C. 637(d)(3)(C)).
(b) Study Required.--The Comptroller General of the United
States shall carry out a study on the participation of small
business concerns owned and controlled by socially and
economically disadvantaged individuals, qualified HUBZone
small business concerns, minority business enterprises, and
small business concerns owned and controlled by women in
procurement contracts awarded using funds made available
under division A of the American Recovery and Reinvestment
Act of 2009 (Public Law 111-5; 123 Stat. 116), which shall
include--
(1) determining the percentage of all contracts awarded by
Federal agencies and departments using funds made available
under the American Recovery and Reinvestment Act of 2009
(Public Law 111-5; 123 Stat. 116) that were awarded to--
(A) small business concerns owned and controlled by
socially and economically disadvantaged individuals;
(B) minority business enterprises;
(C) small business concerns owned and controlled by women;
and
(D) qualified HUBZone small business concerns; and
(2) evaluating whether Federal agencies and departments
have met the Government-wide goals established under section
15(g) of the Small Business Act (15 U.S.C. 644(g)) for
procurement contracts awarded to small business concerns,
small business concerns owned and controlled by service-
disabled veterans, qualified HUBZone small business concerns,
small business concerns owned and controlled by socially and
economically disadvantaged individuals, and small business
concerns owned and controlled by women, with respect to
procurement contracts awarded using funds made available
under division A of the American Recovery and Reinvestment
Act of 2009 (Public Law 111-5; 123 Stat. 116).
(c) Report.--Not later than 120 days after the date of
enactment of this Act, the Comptroller General shall submit
to Congress a report on the results of the study required
under subsection (b).
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