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United States · Bill · HR

H.R. 2802 (108th)

Small Business Reauthorization and Manufacturing Revitalization Act of 2003

openUnited States· United States Congress· EN

Introduced

21 July 2003

Last action

Status

Placed on the Union Calendar, Calendar No. 249.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Small Business Reauthorization and Manufacturing Revitalization Act of 2003 - Reauthorizes the Small Business Administration (SBA) for two years. Amends the Small Business Investment Act of 1958 to, among other things: (1) increase the maximum amount of outstanding loan leverage for SBA-authorized small business investment companies; (2) increase certain small business loan limits; (3) establish the Bureau of Premier Certified Lenders Program Oversight for oversight of a revised Premier Certified Lenders Program; (4) allow qualified State and local development companies to foreclose and liquidate SBA-guaranteed loans; and (5) direct the SBA to establish two development company loan processing centers. Small Business Amendments Act of 2003 - Amends the Small Business Act to, among other things: (1) revise provisions governing SBA authorized loan programs, organization, and staff; (2) establish a central registry of loans and trust certificates; (3) establish an Assistant Administrator for International Trade; (4) provide for economic injury disaster loans to qualifying small businesses, including agricultural businesses; (5) provide for technical and managerial assistance, advice, and guidance on matters of government procurement and information on the policies, practices, and principles of good management to small businesses, including socially or economically disadvantaged small businesses; (6) require the President to adopt, annually, new Government-wide procurement goals for contracts awarded to small businesses, qualified HUBZONE small businesses, and small businesses owned and controlled by service-disabled veterans, socially and economically disadvantaged individuals, and women; (7) encourage subcontracts by prime contractors to small businesses and small manufacturers at prices and under conditions and terms which are fair and equitable; (8) establish a data collection system to identify Federal contract awards made to small businesses; (9) establish a program to provide improved access to Federal contracting opportunities for very small businesses; (10) reauthorize SBA programs for FY 2004 and beyond; and (11) revise the small business development center, women's business center, and HUBZONE programs.

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Documents

6 official files

Reported in House (text)

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