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Full Text of this Amendment

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.".


(As printed in the Congressional Record for the Senate on Mar 1, 2010.)