II 

116TH CONGRESS 

1ST SESSION S. 2189 

To amend the Small Business Act to waive the guarantee fee for veterans 

and spouses of veterans for the Export Working Capital, International 

Trade, and Export Express programs. 

IN THE SENATE OF THE UNITED STATES 

JULY 18, 2019 

Ms. HIRONO (for herself and Mr. ROUNDS) introduced the following bill; which 

was read twice and referred to the Committee on Small Business and Entrepreneurship 

A BILL 

To amend the Small Business Act to waive the guarantee 

fee for veterans and spouses of veterans for the Export 

Working Capital, International Trade, and Export Express programs. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Veteran Small Busi5 ness Export Promotion Act’’. 


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•S 2189 IS

1 SEC. 2. PERMANENT LOAN GUARANTEE FEE WAIVERS FOR 

2 VETERANS. 

3 Section 7(a) of the Small Business Act (15 U.S.C. 

4 636(a)) is amended— 

5 (1) in paragraph (14)(B)(ii), by adding at the 

6 end the following: 

7 ‘‘(III) GUARANTEE FEE WAIVER

8 FOR VETERANS.— 

9 ‘‘(aa) DEFINITION.—In this 

10 subclause, the term ‘veteran or 

11 spouse of a veteran’ has the 

12 meaning given the term in para13 graph (31)(G)(iii). 

14 ‘‘(bb) GUARANTEE FEE

15 WAIVER.—The Administrator 

16 may not collect a guarantee fee 

17 described in paragraph (18) in 

18 connection with a loan made 

19 under this paragraph, or any suc20 cessor to the program established 

21 under this paragraph, to a vet22 eran or spouse of a veteran on or 

23 after October 1 of the first fiscal 

24 year beginning after the date of 

25 enactment of this subclause. 


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1 ‘‘(cc) EXCEPTION.—If the 

2 President’s budget for the up3 coming fiscal year, submitted to 

4 Congress pursuant to section 

5 1105(a) of title 31, United States 

6 Code, includes a cost for the pro7 gram established under this sub8 section that is above zero, the re9 quirements of item (bb) shall not 

10 apply to loans made during such 

11 upcoming fiscal year.’’; 

12 (2) in paragraph (16), by adding at the end the 

13 following: 

14 ‘‘(G) GUARANTEE FEE WAIVER FOR VET15 ERANS.— 

16 ‘‘(i) DEFINITION.—In this subpara17 graph, the term ‘veteran or spouse of a 

18 veteran’ has the meaning given the term in 

19 paragraph (31)(G)(iii). 

20 ‘‘(ii) GUARANTEE FEE WAIVER.—The 

21 Administrator may not collect a guarantee 

22 fee described in paragraph (18) in connec23 tion with a loan made under this para24 graph, or any successor to the program es25 tablished under this paragraph, to a vetVerDate Sep 11 2014 01:45 Jul 26, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S2189.IS S2189

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•S 2189 IS

1 eran or spouse of a veteran on or after Oc2 tober 1 of the first fiscal year beginning 

3 after the date of enactment of this sub4 paragraph. 

5 ‘‘(iii) EXCEPTION.—If the President’s 

6 budget for the upcoming fiscal year, sub7 mitted to Congress pursuant to section 

8 1105(a) of title 31, United States Code, 

9 includes a cost for the program established 

10 under this subsection that is above zero, 

11 the requirements of clause (ii) shall not 

12 apply to loans made during such upcoming 

13 fiscal year.’’; and 

14 (3) in paragraph (34), by adding at the end the 

15 following: 

16 ‘‘(D) GUARANTEE FEE WAIVER FOR VET17 ERANS.— 

18 ‘‘(i) DEFINITION.—In this subpara19 graph, the term ‘veteran or spouse of a 

20 veteran’ has the meaning given the term in 

21 paragraph (31)(G)(iii). 

22 ‘‘(ii) GUARANTEE FEE WAIVER.—The 

23 Administrator may not collect a guarantee 

24 fee described in paragraph (18) in connec25 tion with an express loan made under this 


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•S 2189 IS

1 paragraph, or any successor to the pro2 gram established under this paragraph, to 

3 a veteran or spouse of a veteran on or 

4 after October 1 of the first fiscal year be5 ginning after the date of enactment of this 

6 subparagraph. 

7 ‘‘(iii) EXCEPTION.—If the President’s 

8 budget for the upcoming fiscal year, sub9 mitted to Congress pursuant to section 

10 1105(a) of title 31, United States Code, 

11 includes a cost for the program established 

12 under this subsection that is above zero, 

13 the requirements of clause (ii) shall not 

14 apply to express loans made during such 

15 upcoming fiscal year.’’. 

Æ 


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