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Official portrait of Rep. Smith, Neal Edward [D-IA-4]

Rep. Smith, Neal Edward [D-IA-4]

United States · Official source

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  • · House of Representatives · present
  • D · D · present

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Bill· HRH.R. 4801 (103rd)open

Small Business Reauthorization and Amendment Act of 1994

United States · United States Congress · 20 July 1994

TABLE OF CONTENTS: Title I: Authorizations Title II: Financial Assistance Programs Title III: Size Standards and Bond Guarantees Title IV: Management Assistance Title V: Relief from FFB Debenture Prepayment Penalties Title VI: Development of Women-Owned Businesses Title VII: Miscellaneous Amendments Small Business Reauthorization and Amendment Act of 1994 - Title I: Authorizations - Amends the Small Business Act to authorize appropriations for specified programs under such Act and the Small Business Investment Act of 1958. Title II: Financial Assistance Programs - Revises provisions regarding the microloan program to authorize the Small Business Administration (SBA), during FY 1995 through 1997 and in lieu of making direct loans to intermediaries, to participate on a deferred basis of up to 100 percent on loans made to intermediaries by for-profit or non-profit entities. Limits financing on a deferred basis to ten intermediaries in urban and rural areas, respectively, per year. Limits loans to ten-year terms. (Sec. 202) Repeals specified State limitations with respect to the microloan demonstration program. (Sec. 203) Increases to 240 the number of microloan demonstration programs authorized to be funded by the SBA. (Sec. 206) Removes a limitation on the term of financing provided to enable small businesses to develop foreign markets. (Sec. 209) Amends the Small Business Investment Act of 1958 to authorize the SBA to establish an Accredited Lenders Program for qualified State and local development companies that: (1) have been active participants in the development company program for at least the last 12 months; (2) have qualified personnel who are knowledgeable in SBA's lending policies and procedures for such program; (3) have the ability to process, close, and service financing for plant and equipment; (4) have a loss rate on their debentures that is acceptable to the SBA; (5) have a history of submitting complete and accurate debenture guarantee application packages; and (6) have demonstrated the ability to serve small business credit needs for financing plant and equipment. Requires the SBA to expedite the processing of loan applications or servicing actions submitted by a qualified State or local development company that has been designated as an accredited lender. Suspends or revokes such designations for failures to meet the eligibility criteria or for violations of SBA regulations. (Sec. 210) Authorizes the SBA to establish a Premier Lenders Program for certified development companies which meet requirements of this section. Authorizes the SBA to designate a participant in the accredited lenders program as a premier lender if such company: (1) has been an active participant in the accredited lenders program for at least the last 12 months (authorizes a waiver of such requirement prior to January 1, 1996, if the applicant is qualified to participate in the program); (2) has a history of submitting adequately analyzed debenture guarantee application packages to the SBA; and (3) agrees to assume and reimburse the SBA for five percent of any loss substained on account of default by the company in the payment on a debenture issued by the company and guaranteed by the SBA. Authorizes the SBA, upon designation of a company as a premier lender, to permit a lender to approve loans to be funded with the proceeds of and to authorize the guarantee of a debenture issued by such company. Suspends or revokes designations of State or local development companies as premier lenders for failures to meet this section's requirements or SBA regulations. (Sec. 211) Directs the SBA Administrator to appoint an Investment Advisory Council for the Specialized Small Business Investment Company Program. Requires the Council to report on the venture capital needs of socially or economically disadvantaged small business concerns and needed Federal incentives to assist the private sector in meeting such needs. (Sec. 212) Reserves 50 percent of the annual program level of participating securities for funding small business investment companies (SBICs) with private capital of less than $20 million. (Sec. 213) Directs the SBA to report on the status and disposition of SBICs and provide a complete accounting of their assets, loss rates, and valuation of the SBIC program investments. Title III: Size Standards and Bond Guarantees - Revises size standard criteria for purposes of determining whether a business is a small business concern. (Sec. 303) Extends the SBA's authority to authorize sureties to issue, monitor, and service bonds subject to SBA's guarantee until September 30, 1997. (Sec. 304) Requires the SBA to carry out a pilot program to provide procurement opportunities to very small business concerns. Title IV: Management Assistance - Authorizes Small Business Development Centers to enter into contracts with Federal agencies to provide specific assistance to small business concerns if the contract is approved in advance by the Deputy Associate Administrator of the Small Business Development Center program. (Sec. 404) Extends the authorization of appropriations for the Central European enterprise development program. (Sec. 405) Authorizes the Administrator to carry out a mobile resource pilot program to use vehicles to provide technical assistance and other services to traditionally underserved populations. Authorizes appropriations. Title V: Relief from FFB Debenture Prepayment Penalties - Small Business Prepayment Penalty Relief Act of 1994 - Authorizes the SBA, upon the request of the issuer and the concurrence of the borrower, to transfer to the Federal Financing Bank such sums as necessary to reduce the interest rate on a debenture issued by a certified development company. Requires the Bank, upon receipt of such payment, to modify the interest rate for such debentures. Permits debentures authorized under provisions of the Small Business Investment Act of 1958 regarding private debenture sales and pooling to be used to refinance debentures issued by State or local development companies if the amount of the new financing is limited to amounts necessary to repay the existing debenture, including any prepayment penalty imposed by the Bank. (Sec. 503) Authorizes the SBA, upon the request of the issuer, to transfer to the Bank such sums as necessary to reduce the interest rate on a debenture issued by a SBIC under title III of such Act. Requires the Bank, upon receipt of such payment, to modify the interest rate for such debentures. (Sec. 504) Authorizes the SBA, upon the request of the issuer, to modify the interest rate on a debenture issued by an SBIC financing disadvantaged small business concerns. (Sec. 505) Requires the SBA, upon enactment of an appropriations Act providing funds to carry out this Act, to evaluate the outstanding portfolio of debentures which are eligible for interest rate relief under this Act. Authorizes appropriations. Title VI: Development of Women-Owned Businesses - Amends the Women's Business Ownership Act of 1988 to establish an Interagency Committee on Women's Business Enterprise. (Sec. 606) Extends the SBA's authority to provide financial assistance to women's small business demonstration projects. (Sec. 607) Establishes an Office of Women's Business Ownership within the SBA. (Sec. 609) Authorizes appropriations for the development of women's business enterprises. Title VII: Miscellaneous Amendments - Permits small business contracts awarded to the handicapped to be extended for up to two additional years. (Sec. 705) Authorizes the Administrator to carry out a manufacturing modernization pilot program for promoting the award of Federal procurement contracts to small business concerns that participate in certified manufacturing application and education centers. Authorizes appropriations. (Sec. 706) Denies small business assistance to individuals who are not lawfully within the United States. (Sec. 708) Directs the Chief Counsel for Advocacy of the SBA to study and report to the Congress on the impact of Federal regulatory paperwork and tax requirements on small business.

Law· HRH.R. 4606 (103rd)enacted

Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1995

United States · United States Congress · 21 June 1994

TABLE OF CONTENTS: Title I: Department of Labor Title II: Department of Health and Human Services Title III: Department of Education Title IV: Related Agencies Title V: General Provisions Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 1995 - Title I: Department of Labor - Department of Labor Appropriations Act, 1995 - Makes appropriations for FY 1995 for agencies within the Department of Labor. Title II: Department of Health and Human Services - Department of Health and Human Services Appropriations Act, 1995 - Makes appropriations for FY 1995 for agencies within the Department of Health and Human Services. Provides limitations on the use of appropriated funds. Title III: Department of Education - Department of Education Appropriations Act, 1995 - Makes appropriations for FY 1995 for agencies and programs within the Department of Education. Sets forth general provisions relating to the use of appropriated funds. (Sec. 304) Prohibits the use of funds to prevent the implementation of programs of voluntary prayer and meditation in the public schools. Title IV: Related Agencies - Makes appropriations for FY 1995 for the following agencies or programs: (1) Armed Forces Retirement Home; (2) Corporation for National and Community Service; (3) Corporation for Public Broadcasting; (4) Federal Mediation and Conciliation Service; (5) Federal Mine Safety and Health Review Commission; (6) National Commission on Libraries and Information Science; (7) National Council on Disability; (8) National Labor Relations Board; (9) National Mediation Board; (10) Occupational Safety and Health Review Commission; (11) Physician Payment Review Commission; (12) Prospective Payment Assessment Commission; (13) Railroad Retirement Board; and (14) United States Institute of Peace. Title V: General Provisions - Sets forth provisions on the use of the appropriated funds. (Sec. 506) Prohibits the use of funds to carry out any program of distributing sterile needles for the hypodermic injection of any illegal drug unless the Surgeon General determines that such programs are effective in preventing the spread of HIV and do not encourage the use of illegal drugs. Authorizes the use of such funds for demonstration or study purposes. (Sec. 507) Requires entities under this Act to comply with the Buy American Act in expending funds. (Sec. 508) Imposes a disclosure requirement on grantees receiving Federal funds. (Sec. 509) Prohibits the use of funds to perform abortions except to save the life of the mother or where the pregnancy is the result of rape or incest. (Sec. 510) Prohibits the use of funds to implement, prior to July 1, 1995, the rule that requires for-profit trade schools to obtain no more than 85 percent of their revenue from student financial aid programs.

Resolution· HCONRESH.Con.Res. 255 (103rd)referred

Expressing the sense of the Congress regarding the proposed Disney theme park in the historic Northern Piedmont area of Virginia.

United States · United States Congress · 16 June 1994

Expresses the sense of the Congress that: (1) the Department of the Interior, the Department of Transportation, the Environmental Protection Agency, and other executive agencies with relevant jurisdiction should evaluate the Walt Disney Company's proposed theme park, Disney's America, and ensure that it is in strict compliance with existing Federal environmental, transportation, and historic preservation statutes; (2) the congressional committees of jurisdiction should hold hearings to examine such aspects of the proposed theme park and the associated development of the surrounding area; (3) the historic Northern Piedmont area of Virginia should not be the site of a massive theme park and real estate project; and (4) the Walt Disney Company should seek another location for the park where its impact would not disturb areas of such great historical significance as the Northern Piedmont area of Virginia.

Bill· HRH.R. 4315 (103rd)open

To designate a site for the relocation of the public facility of the National Museum of Health and Medicine, and for other purposes.

United States · United States Congress · 28 April 1994

Requires the public facility of the National Museum of Health and Medicine to be located on the following adjacent areas of Federal land in the District of Columbia: (1) the east plaza of the Hubert Humphrey Building, presently occupied by the Department of Health and Human Services; (2) the entire portion of 2nd Street, Southwest, that is located between C Street and Washington Avenue, Southwest; and (3) a triangular park, known as Square N-580, which lies immediately to the east of 2nd Street, Southwest. Authorizes the Administrator of General Services to apply for the closing and transfer of jurisdiction over the latter two areas, from the District to the General Services Administration for the purpose of locating the Museum.

Bill· HRH.R. 4135 (103rd)referred

United States Botanic Garden Commemorative Coin Act of 1995

United States · United States Congress · 24 March 1994

United States Botanic Garden Commemorative Coin Act of 1995 - Directs the Secretary of the Treasury to: (1) issue one-dollar silver coins to commemorate the 175th anniversary of the founding of the United States Botanic Garden; and (2) pay all surcharges received from such coin sales to the National Fund for the United States Botanic Garden.

Bill· HJRESH.J.Res. 333 (103rd)referred

Designating May 11, 1994, as "Vietnam Human Rights Day".

United States · United States Congress · 10 March 1994

Designates May 11, 1994, as Vietnam Human Rights Day in support of efforts by the Non-Violent Movement for Human Rights in Vietnam.

Resolution· HCONRESH.Con.Res. 215 (103rd)open

Honoring James Norman Hall and recognizing his outstanding contributions to the United States and the South Pacific.

United States · United States Congress · 3 March 1994

Honors James Norman Hall for his outstanding contributions to the United States, France, Tahiti, and the South Pacific. Requests the President to provide for the presentation of a copy of this concurrent resolution to the President of Tahiti Nui (French Polynesia) to be publicly displayed at the James Norman Hall Museum in Tahiti.

Bill· HRH.R. 3879 (103rd)referred

1995 Special Olympics World Games Commemorative Coin Act

United States · United States Congress · 23 February 1994

1995 Special Olympics World Games Commemorative Coin Act - Directs the Secretary of the Treasury to issue one-dollar silver coins emblematic of the 1995 Special Olympics World Games. Mandates that the surcharges collected from the sale of such coins be paid to the 1995 Special Olympics World Games Organizing Committee, Inc.

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