I 
112TH CONGRESS 
1ST SESSION H. R. 2608 
To provide for an additional temporary extension of programs under the 
Small Business Act and the Small Business Investment Act of 1958, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 21, 2011 
Mr. GRAVES of Missouri (for himself and Ms. VELA´ZQUEZ) introduced the 
following bill; which was referred to the Committee on Small Business 
A BILL 
To provide for an additional temporary extension of pro-
grams under the Small Business Act and the Small 
Business Investment Act of 1958, and for other pur-
poses. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Small Business Pro-
gram Extension and Reform Act of 2011’’. 
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SEC. 2. ADDITIONAL TEMPORARY EXTENSION OF AUTHOR-
IZATION OF PROGRAMS UNDER THE SMALL 
BUSINESS ACT AND THE SMALL BUSINESS IN-
VESTMENT ACT OF 1958. 
(a) IN GENERAL.—Section 1 of the Act entitled ‘‘An 
Act to extend temporarily certain authorities of the Small 
Business Administration’’, approved October 10, 2006 
(Public Law 109–316; 120 Stat. 1742), as most recently 
amended by section 2 of the Small Business Additional 
Temporary Extension Act of 2011 (Public Law 112–17; 
125 Stat. 221), is amended by striking ‘‘July 31, 2011’’ 
each place it appears and inserting ‘‘December 31, 2011’’. 
(b) EFFECTIVE DATE.—The amendments made by 
subsection (a) shall take effect on July 30, 2011. 
SEC. 3. REPEALS AND OTHER TERMINATIONS. 
(a) GENERAL PROVISIONS.— 
(1) EFFECTIVE DATE.—A repeal or other ter-
mination of a provision of law made by this section 
shall take effect on the date of enactment of this 
Act. 
(2) RULE.—Nothing in this section shall affect 
any grant or assistance provided, contract or cooper-
ative agreement entered into, or loan made or guar-
anteed before the date of enactment of this Act 
under a provision of law repealed or otherwise termi-
nated by this section and any such grant, assistance, 
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federally chartered or in any other manner author-
ized by the Federal Government. 
(i) LEASE GUARANTEES
AND POLLUTION CON-
TROL.—Part A of title IV of the Small Business Invest-
ment Act of 1958 (15 U.S.C. 692 et seq.) is repealed. 
(j) 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. 
(k) SMALL BUSINESS TELECOMMUTING PILOT PRO-
GRAM.—Subsection (d) of section 1203 of the Energy 
Independence and Security Act of 2007 (15 U.S.C. 657h) 
is repealed. 
(l) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) SMALL
BUSINESS
INVESTMENT
ACT
OF 
1958.—Section 411(i) of the Small Business Invest-
ment Act of 1958 (15 U.S.C. 694b(i)) is amended 
to read as follows: 
‘‘(i) Without limiting the authority conferred upon 
the Administrator and the Administration by section 201 
of this Act, the Administrator and the Administration 
shall have, in the performance of and with respect to the 
functions, powers, and duties conferred by this part, all 
the authority and be subject to the same conditions pre-
scribed in section 5(b) of the Small Business Act with re-
spect to loans, including the authority to execute sub-
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leases, assignments of lease and new leases with any per-
son, firm, organization, or other entity, in order to aid 
in the liquidation of obligations of the Administration 
hereunder.’’. 
(2) TITLE 10.—Section 1142(b)(13) of title 10, 
United States Code, is amended by striking ‘‘and 
the National Veterans Business Development Cor-
poration’’. 
(3) TITLE 38.—Subsection (h) of section 3452 
of title 38, United States Code, is amended by strik-
ing ‘‘any of the’’ and all that follows and inserting 
‘‘any small business development center described in 
section 21 of the Small Business Act (15 U.S.C. 
648), insofar as such center offers, sponsors, or co-
sponsors an entrepreneurship course, as that term is 
defined in section 3675(c)(2).’’. 
(4) 
VETERANS
ENTREPRENEURSHIP
AND 
SMALL BUSINESS DEVELOPMENT ACT OF 1999.—Sec-
tion 203(c)(5) of the Veterans Entrepreneurship and 
Small Business Development Act of 1999 (15 U.S.C. 
657b note) is amended by striking ‘‘In cooperation 
with the National Veterans Business Development 
Corporation, develop’’ and inserting ‘‘Develop’’. 
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SEC. 4. TERMINATION OF EMERGING LEADERS PROGRAM. 
Notwithstanding any other provision of law, the Ad-
ministrator of the Small Business Administration may not 
carry out or otherwise support the program referred to 
as ‘‘Emerging Leaders’’ in the document of the Small 
Business Administration titled ‘‘FY 2012 Congressional 
Budget Justification and FY 2010 Annual Performance 
Report’’ (or any predecessor or successor document) and 
may not carry out or otherwise support any successor to 
that program with similar goals. 
SEC. 5. LIMITATION ON PILOT PROGRAMS. 
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, including section 7(a)(25) of the Small Busi-
ness Act (15 U.S.C. 636(a)(25)), the Administrator of the 
Small Business Administration may not carry out a cov-
ered pilot program unless that program relates to the au-
thority of the Administrator under section 7(b) of such 
Act (15 U.S.C. 636(b)). 
(b) COVERED PILOT PROGRAM DEFINED.—In this 
section, the term ‘‘covered pilot program’’ means any ini-
tiative, project, innovation, or other activity that— 
(1) is established during the period beginning 
on the date of enactment of this Act and ending on 
December 31, 2011; and 
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(2) is not specifically authorized by Federal 
statute. 
Æ 
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