(ii) by redesignating subparagraphs (B), 
(C), (D), and (E) as subparagraphs (A), (B), 
(C), and (D), respectively. 
(3) CLERICAL AMENDMENT.—The table of sec-
tions at the beginning of chapter 37 of such title is 
amended by striking the item relating to section 
3729. 
(c) AUTHORIZATION OF APPROPRIATIONS FOR VET-
ERANS HOUSING BENEFIT PROGRAM FUND.—There are 
authorized to be appropriated for the Veterans Housing 
Benefit Program Fund under section 3722 of title 38, 
United States Code, such sums as may be necessary to 
carry out the amendments made by this section. 
SEC. 4. SMALL BUSINESS PROGRAMS FOR VETERANS. 
(a) DEFINITIONS.—In this section: 
(1) INTERMEDIARY.—The term ‘‘intermediary’’ 
has the meaning given that term in section 7(m)(11) 
of the Small Business Act (15 U.S.C. 636(m)(11)). 
(2) 
MICROLOAN
PROGRAM.—The 
term 
‘‘Microloan Program’’ means the Microloan Program 
under section 7(m) of the Small Business Act (15 
U.S.C. 636(m)), as amended by this Act. 
(3) VET
CENTER.—The term ‘‘vet center’’ 
means a center for the provision of readjustment 
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counseling and related mental health services under 
section 1712A of title 38, United States Code. 
(4) VETERAN.—The term ‘‘veteran’’ has the 
meaning given that term in section 101 of title 38, 
United States Code. 
(b) MICROLOAN PROGRAM.—Section 7(m) of the 
Small Business Act (15 U.S.C. 636(m)) is amended by 
adding at the end the following: 
‘‘(14) LOANS TO VETERANS.— 
‘‘(A) IN GENERAL.—Notwithstanding any 
other provision of law— 
‘‘(i) any loan made to a veteran by an 
intermediary under this subsection shall 
have a rate of interest equal to not more 
than 2.5 percent; and 
‘‘(ii) an intermediary— 
‘‘(I) may make a loan to a vet-
eran under this subsection in an 
amount of not more than $100,000; 
and 
‘‘(II) shall not require collateral 
for any loan to a veteran under this 
subsection. 
‘‘(B) 
IDENTIFICATION.—The 
Adminis-
trator, acting through the Associate Adminis-
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trator for Veterans Business Development, 
shall— 
‘‘(i) identify intermediaries willing 
to— 
‘‘(I) make loans to veterans on 
the terms described in subparagraph 
(A); and 
‘‘(II) assist veterans in obtaining 
such loans; and 
‘‘(ii) establish a database of inter-
mediaries identified under clause (i).’’. 
(c) OUTREACH.—The Secretary of Veterans Af-
fairs— 
(1) acting through vet centers, shall— 
(A) provide technical assistance, outreach, 
and counseling to veterans regarding the 
Microloan Program; and 
(B) serve as a liaison between veterans and 
the Administrator of the Small Business Ad-
ministration and intermediaries for purposes of 
the Microloan Program; and 
(2) evaluate the efforts of the Department of 
Veterans Affairs under paragraph (1). 
(d) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to the Secretary of Vet-
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erans Affairs and the Administrator of the Small Business 
Administration such sums as may be necessary to carry 
out the provisions of, and the amendments made by, this 
section. 
Æ 
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