An Act to amend the Small Business Act and Small Business Investment Act of 1958 to provide additional assistance under such Acts, to create a pollution control financing program for small business, and for other purposes.

Summary

Small Business Export Development Act - Title I: Establishes in the Small Business Administration the Office of Export Development to be headed by an Associate Administrator for Export Development. Directs the Office to assist and counsel small business concerns which are interested in undertaking or expanding export activities by: (1) providing technical assistance and advice to assist them in carrying out export activities; (2) surveying and identifying small businesses which possess undeveloped export potential and which are interested in joining with other small businesses in United States export associations; and (3) obtaining operating and other business information in order to provide assistance and advice on identifying products which have export potential, the combination of products for efficient exportation, and the development of export markets. Transfers all authorities and functions of the Small Business Administration with respect to disaster loans under the Small Business Act for the repair, rehabilitation, or replacement of real or personal property (other than real or personal property owned by business concerns) to the Secretary of Housing and Urban Development. Authorizes the Administration to guarantee the payment of amounts due under qualified contracts for pollution control facilities to small business concerns determined to be at a financial disadvantage with respect to installing such facilities. Provides for the expansion of small business investment company leverage, guarantees, and licensing of noncorporate small business investment companies. Repeals the 50-percent limitation on bank investment in small business investment companies. Authorizes the making of loans under the Small Business Investment Act for plant acquisition. Increases loan limits for Economic Opportunity programs, local development companies, and regular business loans under the Small Business Act. Title II: National Commission On Small Business In America - Establishes the National Commission on Small Business in America to study the role of small business in the American economy and to analyze the effectiveness of Federal subsidy and assistance programs in promoting small business. Requires the Commission to report its findings within two years of enactment of this Act. Authorizes appropriations necessary to carry out the provisions of this Act.

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Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 5 June 1976

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• Conference report filed in House

  summary · EN · 10 May 1976

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• Introduced in Senate

  summary · EN · 8 October 1975

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