Business Investment Act of 1958, including sal-
aries and expenses of the Administration. 
‘‘(B) Notwithstanding any other provision 
of this paragraph, for fiscal year 2009— 
‘‘(i) no funds are authorized to be 
used as loan capital for the loan program 
authorized by section 7(a)(21) except by 
transfer from another Federal department 
or agency to the Administration, unless the 
program level authorized for general busi-
ness loans under paragraph (1)(B)(i) is 
fully funded; and 
‘‘(ii) the Administration may not ap-
prove loans on its own behalf or on behalf 
of any other Federal department or agen-
cy, by contract or otherwise, under terms 
and conditions other than those specifically 
authorized under this Act or the Small 
Business Investment Act of 1958, except 
that it may approve loans under section 
7(a)(21) of this Act in gross amounts of 
not more than $2,000,000.’’. 
SEC. 3. BUSINESSLINC GRANTS REAUTHORIZATION. 
Section 8(n) of the Small Business Act (15 U.S.C. 
637(n)) is amended— 
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(1) by striking ‘‘$6,600,000’’ and inserting 
‘‘$7,000,000’’; and 
(2) by striking ‘‘2001 through 2006’’ and in-
serting ‘‘2008 and 2009’’. 
SEC. 4. SMALL BUSINESS DEVELOPMENT CENTER PRO-
GRAM REAUTHORIZATION. 
Section 21(a)(4)(C)(vii) of the Small Business Act 
(15 U.S.C. 648(a)(4)(C)(vii)) is amended by striking sub-
clauses (I) and (II) and inserting the following: 
‘‘(I) $140,000,000 for fiscal year 
2008; and 
‘‘(II) $145,000,000 for fiscal 
year 2009.’’. 
SEC. 5. WOMEN’S BUSINESS CENTER PROGRAM REAUTHOR-
IZATION. 
Section 29(k) of the Small Business Act (15 U.S.C. 
656(k)) is amended— 
(1) by striking paragraph (1) and inserting the 
following: 
‘‘(1) IN GENERAL.—There are authorized to be 
appropriated to carry out this section— 
‘‘(A) $17,000,000 for fiscal year 2008; and 
‘‘(B) $17,500,000 for fiscal year 2009.’’; 
and 
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(2) in paragraph (2)(B), by striking clauses (i) 
through (iv) and inserting the following: 
‘‘(i) For fiscal year 2008, 1.5 percent. 
‘‘(ii) For fiscal year 2009, 1.5 per-
cent.’’. 
SEC. 6. HUBZONE REAUTHORIZATION. 
Section 31(d) of the Small Business Act (15 U.S.C. 
657a) is amended— 
(1) by striking ‘‘$10,000,000’’ and inserting 
‘‘$20,000,000’’; and 
(2) by striking ‘‘2004 through 2006’’ and in-
serting ‘‘2008 and 2009’’. 
SEC. 7. OFFICE OF VETERANS BUSINESS DEVELOPMENT 
REAUTHORIZATION. 
Section 32(c) of the Small Business Act (15 U.S.C. 
657b(c)) is amended by striking paragraphs (1) and (2) 
and inserting the following: 
‘‘(1) $3,000,000 for fiscal year 2008; and 
‘‘(2) $4,000,000 for fiscal year 2009.’’. 
SEC. 8. ADVISORY COMMITTEE ON VETERANS BUSINESS 
AFFAIRS EXTENSION. 
(a) EXTENSION OF TERMINATION DATE.—Section 
203(h) of the Veterans Entrepreneurship and Small Busi-
ness Development Act of 1999 (Public Law 106–50; 15 
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U.S.C. 657b note) is amended by striking ‘‘September 30, 
2006’’ and inserting ‘‘September 30, 2009’’. 
(b) CONFORMING AMENDMENT.—Section 33(h) of 
the Small Business Act (15 U.S.C. 657c(h)) is amended 
by striking ‘‘October 1, 2006’’ and inserting ‘‘October 1, 
2009’’. 
SEC. 9. NATIONAL WOMEN’S BUSINESS COUNCIL REAU-
THORIZATION. 
Section 410(a) of the Women’s Business Ownership 
Act of 1988 (Public Law 100–533; 15 U.S.C. 7110(a)) 
is amended by striking ‘‘2001 through 2003’’ and insert-
ing ‘‘2008 and 2009’’. 
Æ 
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