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TheWeekInCongress.com (TM)

Week Ending July 29, 2011

 

H.R.2608 Small Business Program Extension and Reform Act of 2011

 

Until the time when the SBA programs are taken on in their entirety the bill extends until December 31st, provisions that would expire on July 31st.

 

The bill repeals several spending items:

  • Small Business Institute- Subparagraph (E) of section 8(b)(1) of the Small Business Act (15 U.S.C. 637(b)(1)) is repealed.

  • Central European Small Business Enterprise Development Commission- Section 25 of the Small Business Act (15 U.S.C. 652) is repealed.

Pilot Technology Access Program- Section 28 of the Small Business Act (15 U.S.C. 655) is repealed.

  • Lease Guarantees and Pollution Control- Part A of title IV of the Small Business Investment Act of 1958 (15 U.S.C. 692 et seq.) is repealed.

  • Alternative Loss Reserve- Paragraph (7) of section 508(c) of the Small Business Investment Act of 1958 (15 U.S.C. 697e(c)) is repealed.

  • Small Business Telecommuting Pilot Program- Subsection (d) of section 1203 of the Energy Independence and Security Act of 2007 (15 U.S.C. 657h) is repealed.

 

The bill also repeals the SBA Emerging Leaders Program and curtails spending on pilot programs.

 

Sponsor:  Rep. Sam Graves (MO-6th)

Vote: House agreed by voice vote.

Cost to the taxpayers: Cost data not given

Pay-as-you-go requirements: Cannot be determined

Cut-as-you-go requirements:   

Regulatory impact:  Likely

Earmark Certification:  Not applicable

Constitutional Authority:    By Mr. GRAVES of Missouri:

       H.R. 2608.

       Congress has the power to enact this legislation pursuant to the following:

       Art. 1, Sec. 8, c1.3 ``To regulate commerce among foreign nations and the several states.''

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All Rights Reserved. © 2011 TheWeekInCongress.com(TM)

No reproduction, language translation or distribution without written permission from TheWeekInCongress.com.(TM)