960 
neurship training program to provide assistance to small 
business concerns owned and controlled by veterans re-
garding how to increase the likelihood of being awarded 
contracts with the Federal Government. A grant or coop-
erative agreement under this subsection— 
‘‘(1) shall be made to or entered into with non-
profit entities that have a track record of success-
fully providing educational and job training services 
to veteran populations from diverse locations; and 
‘‘(2) shall include terms under which the non-
profit entities shall use a diverse group of profes-
sional service experts, such as Federal, State, and 
local contracting experts and private sector industry 
experts with first-hand experience in Federal Gov-
ernment contracting, to provide assistance to small 
business concerns owned and controlled by veterans 
through a program operated under this section.’’. 
SEC. 100102. EXPANDING SURETY BOND PROGRAM. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, to remain avail-
able until September 30, 2031— 
(1) $85,000,000 for additional capital for the 
fund established under section 412 of the Small
961 
Business Investment Act of 1958 (15 U.S.C. 694c); 
and 
(2) $15,000,000 for administrative expenses 
and oversight costs related to carrying out this sec-
tion, and any amendments made by this section. 
(b) EXPANDING SURETY BOND PROGRAM.—Part B 
of title IV of the Small Business Investment Act of 1958 
is amended— 
(1) in section 411— 
(A) in subsection (a)(1)— 
(i) in subparagraph (A), by striking 
‘‘$6,500,000’’ 
and 
inserting 
‘‘$10,000,000’’; and 
(ii) by amending subparagraph (B) to 
read as follows: 
‘‘(B) The Administrator may guarantee a 
surety under subparagraph (A) for a total work 
order or contract in an amount that does not 
exceed $20,000,000.’’; and 
(B) in subsection (e)(2), by striking 
‘‘$6,500,000’’ and inserting ‘‘the amount de-
scribed in subparagraph (A) or (B) of sub-
section (a)(1), as applicable’’; and
962 
(2) in section 412(a) (15 U.S.C. 694c(a)), in 
the third sentence, by striking ‘‘, excluding adminis-
trative expenses,’’. 
Subtitle 
B—Empowering 
Small 
Business Creation and Expan-
sion in Underrepresented Com-
munities 
SEC. 100201. FUNDING FOR UPLIFT INCUBATORS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, to remain avail-
able until September 30, 2031— 
(1) $850,000,000 for carrying out section 49 of 
the Small Business Act, as added by subsection (b); 
and 
(2) $150,000,000 for administrative expenses 
and costs related to carrying out section 49 of the 
Small Business Act, as added by subsection (b). 
(b) ESTABLISHMENT.—The Small Business Act is 
amended— 
(1) by redesignating section 49 (15 U.S.C. 631 
note) as section 54; and 
(2) by inserting after section 48 the following:
963 
‘‘SEC. 49. UPLIFT INCUBATORS. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) 
ECONOMIC
DEVELOPMENT
ORGANIZA-
TION.—The term ‘economic development organiza-
tion’— 
‘‘(A) means a regional, State, tribal, or 
local private nonprofit organization established 
for purposes of promoting or otherwise facili-
tating economic development; and 
‘‘(B) includes community financial institu-
tions, as defined in section 7(a)(36)(A). 
‘‘(2) ELIGIBLE APPLICANT.—The term ‘eligible 
applicant’ means— 
‘‘(A) an economic development organiza-
tion; 
‘‘(B) an SBA partner organization; 
‘‘(C) a historically Black college or univer-
sity; 
‘‘(D) an institution of higher education, as 
described in section 371(a) of the Higher Edu-
cation Act; or 
‘‘(E) a junior or community college. 
‘‘(3) ELIGIBLE SMALL BUSINESS CONCERN.— 
The term ‘eligible small business concern’ means a 
business concern that—
964 
‘‘(A) is organized or incorporated in the 
United States; 
‘‘(B) is operating primarily in the United 
States; 
‘‘(C) meets— 
‘‘(i) the applicable industry-based size 
standard established under section 3; or 
‘‘(ii) the alternate size standard appli-
cable to the program under section 7(a) or 
the loan programs under title V of the 
Small Business Investment Act of 1958; 
‘‘(D) is— 
‘‘(i) in the planning stages or has 
been in business for not more than 5 years 
as of the date on which assistance under 
this section commences; or 
‘‘(ii) a small government contractor; 
and 
‘‘(E) is— 
‘‘(i) owned and controlled by 1 or 
more members of an underrepresented 
community; or 
‘‘(ii) a Native Entity. 
‘‘(4) HISTORICALLY BLACK COLLEGE OR UNI-
VERSITY.—The term ‘historically Black college or
965 
university’ means a ‘part B institution’, as defined 
in section 322 of the Higher Education Act of 1965. 
‘‘(5) MEMBER
OF
AN
UNDERREPRESENTED 
COMMUNITY.—The term ‘member of an underrep-
resented community’ means an individual— 
‘‘(A) who is a resident of— 
‘‘(i) a low-income community, as de-
fined in section 45D(e) of the Internal 
Revenue Code of 1986; 
‘‘(ii) a low-income rural community; 
or 
‘‘(iii) a HUBZone, as defined in sec-
tion 31(b); 
‘‘(B) who is a member of an Indian or 
Alaska Native tribe, band, nation, pueblo, vil-
lage, community, component band, or compo-
nent reservation, individually identified (includ-
ing parenthetically) in the most recent list pub-
lished pursuant to section 104 of the Federally 
Recognized Indian Tribe List Act of 1994; 
‘‘(C) with a disability, as defined in section 
3 of the Americans with Disabilities Act of 
1990; 
‘‘(D) who is a veteran;
966 
‘‘(E) who completed a term of imprison-
ment; or 
‘‘(F) who is otherwise identified by the Ad-
ministrator. 
‘‘(6) NATIVE ENTITY.—The term ‘Native Enti-
ty’ means— 
‘‘(A) an Alaska Native Corporation, as de-
fined in section 3(m) of the Alaska Native 
Claims Settlement Act; and 
‘‘(B) a Native Hawaiian organization, as 
defined in section 6207 of the Elementary and 
Secondary Education Act of 1965. 
‘‘(7) SBA PARTNER ORGANIZATION.—The term 
‘SBA partner organization’ means any organization 
awarded financial assistance in the form of a grant, 
prize, cooperative agreement, or contract for the 
purpose of conducting a public project funded, either 
in whole or in part, under a program of the Admin-
istration. 
‘‘(8) SMALL GOVERNMENT CONTRACTOR.—The 
term ‘small government contractor’ means a small 
business concern that is performing a government 
contract or subcontract. 
‘‘(9) UPLIFT INCUBATOR.—The term ‘uplift in-
cubator’ means an organization that is designed to
967 
accelerate the growth and success of startups and 
small business concerns through a variety of busi-
ness support resources and services, including— 
‘‘(A) access to physical workspace and fa-
cilities; 
‘‘(B) access to capital, business education, 
and counseling; 
‘‘(C) networking opportunities; 
‘‘(D) mentorship opportunities; 
‘‘(E) assistance in becoming prime contrac-
tors and submitting bids for prime contracts; 
‘‘(F) conducting market research, drafting 
statements, and identifying acquisition authori-
ties under which eligible small business con-
cerns assisted under this section may enter into 
Federal contracts or agreements; and 
‘‘(G) other services intended to aid in de-
veloping a business. 
‘‘(b) AUTHORITY.—The Administrator may provide 
financial assistance on a competitive basis in the form of 
a grant, prize, cooperative agreement, or contract to an 
eligible applicant for purposes of— 
‘‘(1) providing the services of a uplift incubator 
to eligible small business concerns; or
968 
‘‘(2) expanding or establishing a network of the 
eligible applicant to provide the services of a uplift 
incubator to eligible small business concerns. 
‘‘(c) USE OF FUNDS.—An eligible applicant that re-
ceives assistance under this section— 
‘‘(1) shall support areas that serve members of 
an underrepresented community by providing the 
services of a uplift incubator; and 
‘‘(2) shall not impose or otherwise collect a fee 
or other compensation from eligible small business 
concerns in connection with the provision of such 
services. 
‘‘(d) PENALTIES FOR FAILURE TO ABIDE BY TERMS 
OR CONDITIONS OF AWARD.—At the discretion of the Ad-
ministrator and in addition to any other civil or criminal 
consequences, the Administrator shall withhold payments 
to an eligible applicant or order the eligible applicant to 
return any assistance provided under this section for fail-
ure to abide by the terms and conditions of such assist-
ance.’’. 
SEC. 100202. OFFICE OF NATIVE AMERICAN AFFAIRS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration, out of any money in the Treasury not oth-
erwise appropriated for fiscal year 2022, $10,000,000, to
969 
remain available until September 30, 2029, to carry out 
section 50 of the Small Business Act, as added by sub-
section (b). 
(b) ESTABLISHMENT.—The Small Business Act is 
amended by inserting after section 49, as added by section 
100201 of this title, the following: 
‘‘SEC. 50. OFFICE OF NATIVE AMERICAN AFFAIRS. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) ALASKA NATIVE CORPORATION.—The term 
‘Alaska Native Corporation’ has the meaning given 
the term section 3(m) of the Alaska Native Claims 
Settlement Act. 
‘‘(2) INDIAN TRIBE.—The term ‘Indian Tribe’ 
means any Indian or Alaska Native tribe, band, na-
tion, pueblo, village, community, component band, or 
component reservation, individually identified (in-
cluding parenthetically) in the most recent list pub-
lished pursuant to section 104 of the Federally Rec-
ognized Indian Tribe List Act of 1994. 
‘‘(3) NATIVE
AMERICAN.—The term ‘Native 
American’ means a member of an Indian Tribe. 
‘‘(4) NATIVE
HAWAIIAN
ORGANIZATION.—The 
term ‘Native Hawaiian Organization’ has the mean-
ing given in section 6207 of the Elementary and 
Secondary Education Act of 1965.
970 
‘‘(5) RESOURCE
PARTNERS.—The term ‘re-
source partners’ means— 
‘‘(A) small business development centers; 
‘‘(B) women’s business centers described in 
section 29; 
‘‘(C) chapters of the Service Corps of Re-
tired Executives established under section 
8(b)(1)(B); and 
‘‘(D) Veteran Business Outreach Centers 
described in section 32. 
‘‘(b) ESTABLISHMENT.—There is established in the 
Administration an Office of Native American Affairs, in 
this section referred to as the ‘Office’, which shall provide 
entrepreneurship outreach and development assistance to 
Native Americans, Native Hawaiian Organizations and 
members thereof, Alaska Native Corporations and mem-
bers thereof, and Indian Tribes, through the Native Amer-
ican Outreach Program established under subsection (c). 
‘‘(c) NATIVE AMERICAN OUTREACH PROGRAM.— 
‘‘(1) 
ESTABLISHMENT.—The 
Administrator 
shall establish and administer a Native American 
Outreach Program within the Office— 
‘‘(A) to ensure that small business con-
cerns owned and controlled by Native Ameri-
cans, Native Hawaiian Organizations, Alaska
971 
Native Corporations, and Indian Tribes, and 
Native American entrepreneurs have access to 
programs and services of the Administration; 
‘‘(B) to provide information to State, local, 
and tribal governments and other interested 
persons about Federal assistance available to 
small business concerns owned and controlled 
by Native Americans, Native Hawaiian Organi-
zations, Alaska Native Corporations, and In-
dian Tribes, and Native American entre-
preneurs; and 
‘‘(C) to ensure access to in-person and vir-
tual counseling and training services to small 
business concerns owned and controlled by Na-
tive Americans, Native Hawaiian Organizations, 
Alaska Native Corporations, and Indian Tribes, 
and Native American entrepreneurs. 
‘‘(2) SERVICES.—The services described in 
paragraph (1) shall include— 
‘‘(A) financial education on applying for 
and securing credit, loan guarantees, surety 
bonds, and investment capital, managing finan-
cial operations, and preparing and presenting 
financial statements and business plans;
972 
‘‘(B) education on management of a small 
business concern, including planning, orga-
nizing, staffing, and marketing; 
‘‘(C) identifying market opportunities; and 
‘‘(D) implementing economic and business 
development strategies to improve long-term job 
growth.’’. 
SEC. 100203. OFFICE OF RURAL AFFAIRS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration, out of any money in the Treasury not oth-
erwise appropriated for fiscal year 2022, $10,000,000, to 
remain available until September 30, 2029, to carry out 
subsection (d) of section 26 of the Small Business Act (15 
U.S.C. 653), as added by subsection (b). 
(b) OFFICE OF RURAL AFFAIRS.—Section 26 of the 
Small Business Act (15 U.S.C. 653) is amended by adding 
at the end the following: 
‘‘(d) RURAL SMALL BUSINESS CONFERENCES.—The 
Office shall administer 1 or more annual Rural Small 
Business Conferences, to be held in various regions of the 
United States. The purpose of such Conferences shall be 
to— 
‘‘(1) promote policies and programs of the Ad-
ministration specific to small business concerns lo-
973 
cated in rural areas, and make publicly available in-
formation about such policies and programs; 
‘‘(2) coordinate with all offices of the Adminis-
tration, resource partners, lenders, and other inter-
ested persons to ensure that the needs of small busi-
ness concerns located in rural area are being met; 
and 
‘‘(3) analyze data on the effectiveness of pro-
grams of the Administration that benefit small busi-
ness concerns located in rural areas.’’. 
SEC. 100204. OFFICE OF EMERGING MARKETS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration, out of any money in the Treasury not oth-
erwise appropriated in fiscal year 2022, $10,000,000, to 
remain available until September 30, 2029, to carry out 
subsection (o) of section 7 of the Small Business Act (15 
U.S.C. 636), as added by subsection (b). 
(b) ESTABLISHMENT.—Section 7 of the Small Busi-
ness Act (15 U.S.C. 636) is amended by adding at the 
end the following: 
‘‘(o) OFFICE OF EMERGING MARKETS.— 
‘‘(1) DEFINITIONS.—In this subsection— 
‘‘(A) the term ‘Director’ means the Direc-
tor of the Office of Emerging Markets;
974 
‘‘(B) the term ‘microloan program’ means 
the program described in subsection (m); 
‘‘(C) the term ‘small business concern in 
an emerging market’ means a small business 
concern— 
‘‘(i) that is located in— 
‘‘(I) a low-income or moderate-in-
come area for purposes of the Com-
munity Development Block Grant 
Program under title I of the Housing 
and Community Development Act of 
1974; or 
‘‘(II) a HUBZone, as that term 
is defined in section 31(b); 
‘‘(ii) that is growing, newly estab-
lished, or a startup; 
‘‘(iii) owned and controlled by vet-
erans; 
‘‘(iv) owned and controlled by individ-
uals with a disability, as defined in section 
3 of the Americans with Disabilities Act of 
1990; or 
‘‘(v) owned and controlled by other in-
dividuals or groups identified by the Ad-
ministrator.
975 
‘‘(2) ESTABLISHMENT.—There is established 
within the Office of Capital Access of the Adminis-
tration an office to be known as the ‘Office of 
Emerging Markets’. The Office of Emerging Mar-
kets shall be administered by a Director who shall 
be responsible for the planning, coordination, imple-
mentation, evaluation, and improvement of the ef-
forts of the Administrator to enhance the economic 
well-being of small business concerns in an emerging 
market.’’. 
SEC. 100205. STATE TRADE EXPANSION PROGRAM. 
In addition to amounts otherwise available, there is 
appropriated to the Small Business Administration for fis-
cal year 2022, out of any money in the Treasury not other-
wise appropriated— 
(1) $31,710,000, to remain available until Sep-
tember 30, 2027, to carry out section 22(l) of the 
Small Business Act (15 U.S.C. 649(l)) in fiscal year 
2023, and 
(2) $31,710,000, to remain available until Sep-
tember 30, 2027, to carry out section 22(l) of the 
Small Business Act (15 U.S.C. 649(l)) in fiscal year 
2024.
976 
Subtitle 
C—Encouraging 
Small 
Businesses to Fully Engage in 
the Innovation Economy 
SEC. 100301. GROWTH ACCELERATOR COMPETITION. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, to remain avail-
able until September 30, 2031— 
(1) $190,000,000 for carrying out section 51 of 
the Small Business Act, as added by subsection (b); 
and 
(2) $10,000,000 for administrative expenses 
and oversight costs related to carrying out section 
51 of the Small Business Act, as added by sub-
section (b). 
(b) IN
GENERAL.—The Small Business Act is 
amended by inserting after section 50, as added by section 
100202 of this title, the following: 
‘‘SEC. 51. GROWTH ACCELERATOR COMPETITION. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) AWARD.—The term ‘award’ means a 
grant, prize, contract, cooperative agreement, or 
other cash or cash equivalent.
977 
‘‘(2) DISABILITY.—The term ‘disability’ has the 
meaning given the term in section 3 of the Ameri-
cans with Disabilities Act of 1990. 
‘‘(3) ELIGIBLE ENTITY.—The term ‘eligible en-
tity’ means— 
‘‘(A) an eligible applicant, as defined in 
section 49; or 
‘‘(B) an organization that is a growth ac-
celerator located in the United States. 
‘‘(4) 
GROWTH
ACCELERATOR.—The 
term 
‘growth accelerator’ means an organization that— 
‘‘(A) supports new small business concerns 
that have a focus on technology, research, and 
development; 
‘‘(B) works with a new small business con-
cern for a predetermined amount of time; 
‘‘(C) provides mentorship and instruction 
to small business concerns to grow the business 
concern; or 
‘‘(D) offers startup capital or the oppor-
tunity to raise capital from outside investors to 
small business concerns. 
‘‘(5) NEW
SMALL
BUSINESS
CONCERN.—The 
term ‘new small business concern’ means a small
978 
business concern that has been in operation for not 
more than 5 years. 
‘‘(b) ESTABLISHMENT.—The Administrator shall 
make competitive awards of not less than $100,000 to eli-
gible entities to accelerate the growth of new small busi-
ness concerns by providing— 
‘‘(1) assistance to small business concerns to 
access capital and find mentors and networking op-
portunities; and 
‘‘(2) advice to small business concerns, includ-
ing advising on market analysis, company strategy, 
revenue growth, commercialization, and securing 
funding. 
‘‘(c) USE OF FUNDS.—An award under this section— 
‘‘(1) may be used by an eligible entity recipient 
for construction costs, acquisition of physical work-
space and facilities, and programmatic purposes to 
benefit new small business concerns; and 
‘‘(2) may not be used by an eligible entity re-
cipient to provide capital to new small business con-
cerns directly or through the subaward of funds. 
‘‘(d) PENALTIES FOR FAILURE TO ABIDE BY TERMS 
OR CONDITIONS OF AWARD.—At the discretion of the Ad-
ministrator and in addition to any other civil or criminal 
consequences, the Administrator shall withhold payments
979 
to an eligible entity or order the eligible entity to return 
an award made under this section for failure to abide by 
the terms and conditions of the award.’’. 
Subtitle D—Increasing Equity 
Opportunities 
SEC. 100401. INCREASING EQUITY INVESTMENT IN THE 
SBIC PROGRAM. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, $20,000,000, to 
remain available until September 30, 2031, for carrying 
out this section. 
(b) ESTABLISHMENT.—The Small Business Invest-
ment Act of 1958, is amended— 
(1) in section 103 (15 U.S.C. 662)— 
(A) in paragraph (9)(B)(iii)— 
(i) in subclause (II), by striking 
‘‘and’’ at the end; 
(ii) in subclause (III), by adding 
‘‘and’’ at the end; and 
(iii) by adding at the end the fol-
lowing:
980 
‘‘(IV) funds obtained from any fi-
nancial institution identified under 
section 302(b);’’; and 
(B) in paragraph (13)(C), by striking ‘‘in 
an aggregate amount that does not exceed 33 
percent of the private capital of the applicant or 
licensee’’; and 
(2) in section 304 (15 U.S.C. 684), by adding 
at the end the following: 
‘‘(e) Notwithstanding section 310(c)(6), a licensee 
under section 321 may, subject to rules to be issued by 
the Administration, invest equity capital in investment 
funds that— 
‘‘(1) are majority controlled by members of an 
underrepresented community, as defined in section 
49 of the Small Business Act; 
‘‘(2) receive annual assistance provided by such 
licensee; or 
‘‘(3) meet additional criteria as determined by 
the Administration.’’; and 
(3) by adding at the end of the following: 
‘‘SEC. 321. EMERGING MANAGERS PROGRAM. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) COVERED INVESTMENTS.—The term ‘cov-
ered investments’ means investments in—
981 
‘‘(A) infrastructure, including— 
‘‘(i) roads, bridges, and mass transit; 
‘‘(ii) water supply and sewer; 
‘‘(iii) the electrical grid; 
‘‘(iv) broadband and telecommuni-
cations; 
‘‘(v) clean energy; or 
‘‘(vi) child care and elder care; 
‘‘(B) manufacturing; 
‘‘(C) low-income communities, as that term 
is defined in section 45D(e) of the Internal 
Revenue Code of 1986; 
‘‘(D) HUBZones, as defined in section 
31(b) of the Small Business Act; 
‘‘(E) small business concerns owned and 
controlled by a member of an Indian tribe indi-
vidually identified (including parenthetically) in 
the most recent list published pursuant to sec-
tion 104 of the Federally Recognized Indian 
Tribe List Act of 1994; 
‘‘(F) small business concerns owned and 
controlled by an individual with a disability, as 
defined in section 3 of the Americans with Dis-
abilities Act of 1990;
982 
‘‘(G) small business concerns owned and 
controlled by a veteran; or 
‘‘(H) industries identified by the Adminis-
trator. 
‘‘(2) EMERGING
MANAGER
COMPANY.—The 
term ‘emerging manager company’ means an invest-
ment management firm that is focused on investing 
private equity and that meets not less than 2 of the 
following criteria: 
‘‘(A) The partners of the firm have— 
‘‘(i) an investment track record of less 
than 10 years of combined investment ex-
perience; or 
‘‘(ii) a documented record of success-
ful business experience. 
‘‘(B) The firm has a focus on underserved 
markets. 
‘‘(C) The firm is not less than 50 percent 
owned, managed, or controlled by members of 
an underrepresented community (as defined in 
section 49 of the Small Business Act). 
‘‘(b) ESTABLISHMENT.—The Administrator shall es-
tablish an emerging managers program pursuant to which 
managers with substantial experience in operating small 
business investment companies—
983 
‘‘(1) may enter into a written agreement ap-
proved by the Administrator to provide guidance and 
assistance to an applicant for a license for a small 
business investment company that is to be managed 
by an emerging manager company; and 
‘‘(2) may hold a minority financial interest in 
the small business investment company described in 
paragraph (1). 
‘‘(c) LICENSING.—An applicant described in sub-
section (b)(1) shall apply for a license under section 
301(c) and shall— 
‘‘(1) have private capital not to exceed 
$100,000,000; 
‘‘(2) be managed by not less than two individ-
uals; 
‘‘(3) be a second generation fund or earlier; and 
‘‘(4) focus its investment strategy on covered 
investments. 
‘‘(d) WAIVER OF MAXIMUM LEVERAGE.—The ap-
proval of a written agreement under subsection (b) by the 
Administrator shall operate as a waiver of the require-
ments of section 303(b)(2)(B) to the extent that such sec-
tion would otherwise apply. 
‘‘(e) INCREASED LEVERAGE MAXIMUM.—An existing 
small business investment company that enters into a
984 
written agreement under subsection (b) may receive an in-
crease in the maximum leverage cap of the company under 
section 303(b)(2)— 
‘‘(1) under subparagraph (A) of such section, 
with respect to a single license, by not more than 
$17,500,000; and 
‘‘(2) under subparagraph (B) of such section, 
with respect to multiple licenses under common con-
trol, by not more than $35,000,000.’’. 
SEC. 100402. MICROCAP SMALL BUSINESS INVESTMENT 
COMPANY LICENSE. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Administration 
for fiscal year 2022, out of amounts in the Treasury not 
otherwise appropriated, $40,000,000, to remain available 
until September 30, 2031, to carry out paragraph (5) of 
section 301(c) of the Small Business Investment Act of 
1958 (15 U.S.C. 681(c)), as added by subsection (b). 
(b) MICROCAP SMALL BUSINESS INVESTMENT COM-
PANY LICENSE.—Section 301(c) of the Small Business In-
vestment Act of 1958 (15 U.S.C. 681(c)) is amended by 
adding at the end the following: 
‘‘(5) MICROCAP SMALL BUSINESS INVESTMENT 
COMPANY LICENSE.—
985 
‘‘(A) IN
GENERAL.—The Administrator 
may issue licenses under this subsection to ap-
plicants— 
‘‘(i) that do not satisfy the qualifica-
tion 
requirements 
under 
paragraph 
(3)(A)(ii) to the extent that such require-
ments relate to investment experience and 
track record, including any such require-
ments further set forth in section 107.305 
of title 13, Code of Federal Regulations, or 
any successor regulation; 
‘‘(ii) that would otherwise be issued a 
license under this subsection, except that 
the management of the applicant does not 
satisfy the requirements under paragraph 
(3)(A)(ii) to the extent that such require-
ments relate to investment experience and 
track record, including any such require-
ments further set forth in section 107.305 
of title 13, Code of Federal Regulations, or 
any successor regulation; 
‘‘(iii) for which the managers of such 
applicant have— 
‘‘(I) a documented record of suc-
cessful business experience;
986 
‘‘(II) a record of business man-
agement success; or 
‘‘(III) knowledge in the par-
ticular industry or business for which 
the applicant is pursuing an invest-
ment strategy; and 
‘‘(iv) that have demonstrated appro-
priate qualifications for the license, based 
on factors determined by the Adminis-
trator. 
‘‘(B) REQUIRED
INVESTMENTS.—A li-
censee under this paragraph shall invest not 
less than 50 percent of the total financings of 
the licensee in covered investments (as defined 
in section 321), of which not more than 33 per-
cent of those investments are in small business 
concerns in infrastructure or manufacturing. 
‘‘(C) LEVERAGE.—A company licensed 
pursuant to this paragraph shall— 
‘‘(i) not be eligible to receive leverage 
in 
an 
amount 
that 
is 
more 
than 
$50,000,000; and 
‘‘(ii) be able to access leverage in an 
amount that is not more than 200 percent 
of the private capital of the company.
987 
‘‘(D) INVESTMENT COMMITTEE.—If a com-
pany licensed pursuant to this paragraph has 
investment committee members or control per-
sons who are principals approved by the Admin-
istrator or control persons of licensed small 
business investment companies not licensed 
under this paragraph, such licensee or licensees 
shall not be deemed to be under common con-
trol with the company licensed pursuant to this 
paragraph solely for the purpose of section 
303(b)(2)(B). 
‘‘(E) FEES.—In addition to the fees au-
thorized under sections 301(e) and 310(b), the 
Administration may prescribe fees to be paid by 
each company designated to operate under this 
paragraph.’’. 
SEC. 100403. FUNDING FOR SBIC OUTREACH AND EDU-
CATION. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, $2,500,000, to 
remain available until September 30, 2031, for carrying 
out this section.
988 
(b) OUTREACH
AND EDUCATION.—The Adminis-
trator shall develop and implement a program to promote 
to, conduct outreach to, and educate prospective licensees 
on the licensing procedures and other programs of small 
business investment companies under title III of the Small 
Business Investment Act of 1958. 
Subtitle E—Increasing Access to 
Lending and Investment Capital 
SEC. 100501. FUNDING FOR COMMUNITY ADVANTAGE LOAN 
PROGRAM. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, to remain avail-
able until September 30, 2031— 
(1) $224,800,000 for carrying out paragraph 
(38) of section 7(a) of the Small Business Act (15 
U.S.C. 636(a)), as added by subsection (b); 
(2) $4,000,000 for the Administrator of the 
Small Business Administration to develop a training 
course and provide free or low-cost training to cov-
ered institutions making loans under the program 
established under such paragraph (38); and
989 
(3) $47,100,000 for administrative expenses re-
lated to carrying out such paragraph (38), including 
issuing interim final rules. 
(b) ESTABLISHMENT.—Section 7(a) of the Small 
Business Act (15 U.S.C. 636(a)) is amended by adding 
at the end the following: 
‘‘(38) COMMUNITY
ADVANTAGE
LOAN
PRO-
GRAM.— 
‘‘(A) DEFINITIONS.—In this paragraph— 
‘‘(i) the term ‘covered institution’ 
means— 
‘‘(I) a development company, as 
defined in section 103 of the Small 
Business Investment Act of 1958, 
participating in the loan program es-
tablished under title V of such Act; 
‘‘(II) a non-Federally regulated 
entity certified as a community devel-
opment financial institution under the 
Community 
Development 
Banking 
and Financial Institutions Act of 
1994; 
‘‘(III) an intermediary, as de-
fined in subsection (m)(11), that is a 
nonprofit organization and is partici-
990 
pating in the microloan program 
under subsection (m); and 
‘‘(IV) an eligible intermediary, as 
defined in subsection (l)(1), partici-
pating in the small business inter-
mediary lending pilot program estab-
lished under subsection (l)(2); 
‘‘(ii) the term ‘new business’ means a 
small business concern that has been in 
business for not more than 2 years on the 
date on which a loan is made to the small 
business concern under the program; 
‘‘(iii) the term ‘program’ means the 
Community Advantage Loan Program es-
tablished under subparagraph (B); 
‘‘(iv) the term ‘small business concern 
in an underserved market’ means a small 
business concern— 
‘‘(I) that is located in— 
‘‘(aa) a low- to moderate-in-
come community; 
‘‘(bb) a HUBZone, as that 
term is defined in section 31(b); 
‘‘(cc) a rural area; or
991 
‘‘(dd) any area for which a 
disaster declaration or determina-
tion described in subparagraph 
(B), (C), or (E) of subsection 
(b)(2) has been made that has 
not terminated more than 2 
years (or later, as determined by 
the Administrator) before the 
date on which a loan is made to 
such concern under such sub-
section, or in any area for which 
a major disaster described in 
subsection (b)(2)(A) has been de-
clared, that period shall be 5 
years; 
‘‘(II) that is a new business; 
‘‘(III) owned and controlled by 
veterans; 
‘‘(IV) owned and controlled by an 
individual who has completed a term 
of imprisonment; 
‘‘(V) owned and controlled by an 
individual with a disability, as that 
term is defined in section 3 of the
992 
Americans with Disabilities Act of 
1990; 
‘‘(VI) owned and controlled by a 
member of an Indian tribe individ-
ually identified (including parentheti-
cally) in the most recent list published 
pursuant to section 104 of the Feder-
ally Recognized Indian Tribe List Act 
of 1994; or 
‘‘(VII) otherwise identified by the 
Administrator. 
‘‘(B) ESTABLISHMENT.—There is estab-
lished a Community Advantage Loan Program 
under which the Administration may guarantee 
loans made by covered institutions under this 
subsection, with an emphasis on loans made to 
small business concerns in an underserved mar-
ket. 
‘‘(C) REQUIREMENT TO MAKE LOANS TO 
UNDERSERVED
MARKETS.—Not less than 60 
percent of loans made by a covered institution 
under the program shall consist of loans made 
to small business concerns in an underserved 
market. 
‘‘(D) MAXIMUM LOAN AMOUNT.—
993 
‘‘(i) IN
GENERAL.—Except as pro-
vided in clause (ii), the maximum loan 
amount for a loan guaranteed under the 
program is $250,000. 
‘‘(ii) EXCEPTIONS.— 
‘‘(I) REQUESTED EXCEPTION.— 
‘‘(aa) IN
GENERAL.—Upon 
request by a covered institution, 
the Administrator may guarantee 
a loan under the program that is 
more than $250,000 and not 
more than $350,000. 
‘‘(bb) 
NOTIFICATION.—As 
soon as practicable and not later 
than 14 business days after re-
ceiving a request under item 
(aa), the Administration shall— 
‘‘(AA) review the re-
quest; and 
‘‘(BB) provide a deci-
sion regarding the request to 
the covered institution mak-
ing the loan. 
‘‘(II) MAJOR
DISASTERS.—The 
maximum loan amount for a loan
994 
guaranteed under the program that is 
made to a small business concern lo-
cated in an area affected by a major 
disaster 
described 
in 
subsection 
(b)(2)(A) is $350,000. 
‘‘(E) INTEREST
RATES.—The maximum 
interest rate for a loan guaranteed under the 
program shall not exceed the maximum interest 
rate, as determined by the Administration, ap-
plicable to other loans guaranteed under this 
subsection.’’. 
SEC. 100502. FUNDING FOR CREDIT ENHANCEMENT AND 
SMALL DOLLAR LOAN FUNDING. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, to remain avail-
able until September 30, 2031— 
(1) $1,480,600,000 to carry out paragraph (39) 
of section 7(a) of the Small Business Act (15 U.S.C. 
636(a)), as added by subsection (b); and 
(2) $484,000,000 for administrative expenses 
related to carrying out such paragraph (39), includ-
ing issuing interim final rules within 90 days after 
the date of the enactment of this title, of which
995 
$25,000,000 is reserved for grants to conduct out-
reach to entities eligible to receive a loan under such 
paragraph (39). 
(b) SMALL DOLLAR LOAN FUNDING.—Section 7(a) 
of the Small Business Act (15 U.S.C. 636(a)), as amended 
by section 100501, is further amended— 
(1) in paragraph (1)(A)(i), in the third sen-
tence, by striking ‘‘; and’’ and all that follows 
through the period at the end and inserting a period; 
(2) in paragraph (4)(A), by striking the comma 
after ‘‘prescribed by the Administration’’ and all 
that follows through the period at the end and in-
serting a period; 
(3) in paragraph (26), by inserting ‘‘(except for 
those collected under paragraph (39))’’ after ‘‘prof-
its’’; and 
(4) by adding at the end the following: 
‘‘(39) SMALL DOLLAR LOAN FUNDING.— 
‘‘(A) DEFINITIONS.—In this paragraph: 
‘‘(i) 
SMALL
GOVERNMENT
CON-
TRACTOR.—The term ‘small government 
contractor’ means a small business concern 
that is performing a government contract. 
‘‘(ii) SMALL
MANUFACTURER.—The 
term ‘small manufacturer’ means a small
996 
business concern that is assigned a North 
American Industry Classification System 
code beginning with 31, 32, or 33 at the 
time at which the small business concern 
receives loan under this subsection. 
‘‘(B) DIRECT LOANS.—The Administrator 
is authorized to originate and disburse direct 
loans, including through partnerships with third 
parties, to small business concerns. 
‘‘(C) MAXIMUM
LOAN
SIZE.—Notwith-
standing paragraph (3)(C) of this subsection, a 
loan made in accordance with this paragraph 
shall be— 
‘‘(i) except as provided in clause (ii), 
not more than $150,000; or 
‘‘(ii) not more than $1,000,000, if the 
borrower is a small manufacturer or a 
small government contractor. 
‘‘(D) FEES.—With respect to each loan 
made in accordance with this paragraph, the 
Administrator, an authorized third party, or an 
agent may— 
‘‘(i) impose, collect, retain, and utilize 
fees, which may be charged to the bor-
rower, to cover any costs associated with
997 
referring applications or originating, mak-
ing, underwriting, disbursing, closing, serv-
icing, or liquidating the loan, including any 
direct lending agent costs, other program 
or contract costs, or other agent adminis-
trative expenses; 
‘‘(ii) impose, collect, retain, and use 
fees (including unused fees and draw fees), 
which may be charged to the borrower on 
loans for revolving lines of credit; and 
‘‘(iii) pay third parties, including di-
rect lending agents and financial institu-
tions, with which the Administration part-
ners for assistance in referring applicants 
or promoting, originating, making, under-
writing, disbursing, closing, servicing, or 
liquidating loans in accordance with this 
paragraph on behalf of the Administration. 
‘‘(E) TERMS.—Not later than 90 days 
after the date of the enactment of this para-
graph, the Administrator shall issue interim 
final rules and revise any relevant rules to es-
tablish the terms and conditions for a direct 
loan, including repayment, underwriting cri-
teria, interest rate, maturity, and other terms
998 
of a loan made in accordance with this para-
graph.’’. 
SEC. 100503. EXTENSION OF TEMPORARY FEE REDUCTIONS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, $950,000,000, 
to remain available until September 30, 2026, for carrying 
out this section and any amendments made by this section. 
(b) 7(A) LOAN PROGRAM.—Section 326 of the Eco-
nomic Aid to Hard-Hit Small Businesses, Nonprofits, and 
Venues Act (title III of division N of Public Law 116– 
260; 134 Stat. 2036; 15 U.S.C. 636 note) is amended— 
(1) in subsection (a)(2), by striking ‘‘October 1, 
2021’’ and inserting ‘‘October 1, 2026’’; and 
(2) in subsection (b)(2), by striking ‘‘October 1, 
2021’’ and inserting ‘‘October 1, 2026’’. 
(c) OTHER FEES.—Section 327 of the Economic Aid 
to Hard-Hit Small Businesses, Nonprofits, and Venues 
Act (title III of division N of Public Law 116–260; 134 
Stat. 2037; 15 U.S.C. 636 note) is amended— 
(1) in subsection (a)(1), by striking ‘‘September 
30, 2021’’ and inserting ‘‘September 30, 2026’’; and 
(2) in subsection (b)(1), by striking ‘‘September 
30, 2021’’ and inserting ‘‘September 30, 2026’’.
999 
SEC. 100504. FUNDING FOR COOPERATIVES. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration for fiscal year 2022, out of any money in 
the Treasury not otherwise appropriated, $100,000,000, 
to remain available until September 30, 2031, for carrying 
out paragraph (40) of section 7(a) of the Small Business 
Act (15 U.S.C. 636(a)), as added by subsection (b). 
(b) COOPERATIVE LENDING PILOT.—Section 7(a) of 
the Small Business Act (15 U.S.C. 636(a)), as amended 
by section 100502, is further amended by adding at the 
end the following: 
‘‘(40) COOPERATIVE LENDING PILOT.— 
‘‘(A) DEFINITIONS.—In this paragraph: 
‘‘(i) COMMUNITY FINANCIAL INSTITU-
TION.—The term ‘community financial in-
stitution’ has the meaning given in para-
graph (36)(A). 
‘‘(ii) COOPERATIVE.—The term ‘coop-
erative’— 
‘‘(I) means an entity determined 
by the Administrator to be a coopera-
tive; and 
‘‘(II) includes an entity owned by 
employees or consumers of the entity.
1000 
‘‘(iii) 
ELIGIBLE
EMPLOYEE-OWNED 
BUSINESS
CONCERN.—The term ‘eligible 
employee-owned business concern’ means— 
‘‘(I) a cooperative in which the 
employees of the cooperative are eligi-
ble for membership; 
‘‘(II) a qualified employee trust; 
or 
‘‘(III) other employee-owned enti-
ties as determined by the Adminis-
trator. 
‘‘(iv) PILOT
PROGRAM.—The term 
‘pilot program’ means the pilot program 
established under subparagraph (B). 
‘‘(B) ESTABLISHMENT.—There is estab-
lished a pilot program under which the Admin-
istrator shall guarantee loans (including loans 
made by community financial institutions), 
without the requirement of a personal or entity 
guarantee, where such loans shall be made to 
cooperatives or eligible employee-owned business 
concerns. 
‘‘(C) TERMINATION.—The pilot program 
shall terminate on the date that is 5 years after 
the date of enactment of this paragraph.’’.
1001 
(c) DELEGATED LENDING AUTHORITY
FOR PRE-
FERRED LENDERS.—Section 5(b)(7) of the Small Busi-
ness Act (15 U.S.C. 634(b)(7)) is amended by striking 
‘‘paragraph (15) or (35)’’ and inserting ‘‘paragraph (15), 
(35), or (40)’’. 
Subtitle F—Supporting 
Entrepreneurial Second Chances 
SEC. 100601. REENTRY ENTREPRENEURSHIP COUNSELING 
AND TRAINING FOR INCARCERATED AND 
FORMERLY INCARCERATED INDIVIDUALS. 
(a) REENTRY
ENTREPRENEURSHIP
COUNSELING 
AND TRAINING FOR INCARCERATED INDIVIDUALS.— 
(1) APPROPRIATIONS.—In addition to amounts 
otherwise available, there is appropriated to the 
Small Business Administration, out of money in the 
Treasury not otherwise appropriated for fiscal year 
2022, $35,000,000, to remain available until Sep-
tember 30, 2029, to carry out section 52 of the 
Small Business Act, as added by paragraph (2). 
(2) IN GENERAL.—The Small Business Act is 
amended by inserting after section 51, as added by 
section 100301 of this title, the following:
1002 
‘‘SEC. 52. REENTRY ENTREPRENEURSHIP COUNSELING 
AND TRAINING FOR INCARCERATED INDIVID-
UALS. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) COVERED
INDIVIDUAL.—The term ‘cov-
ered individual’ means an individual who is com-
pleting a term of imprisonment in a facility des-
ignated as a minimum, low, or medium security. 
‘‘(2) RESOURCE
PARTNERS.—The term ‘re-
source partners’ means a small business development 
center (defined in section 3) or a women’s business 
center (described under section 29). 
‘‘(b) ESTABLISHMENT.—The Administrator shall co-
ordinate with resource partners and associations formed 
to pursue matters of common concern to resource partners 
to provide entrepreneurship counseling and training serv-
ices to covered individuals pursuant to subsection (c). 
‘‘(c) USE
OF FUNDS.—Amounts made available 
under this section shall be used to— 
‘‘(1) develop and deliver a curriculum, including 
classroom instruction and in-depth training to de-
velop skills related to business planning and finan-
cial literacy; 
‘‘(2) train mentors and instructors; 
‘‘(3) establish public-private partnerships to 
support covered individuals; and
1003 
‘‘(4) identify opportunities to access capital.’’. 
(b) REENTRY
ENTREPRENEURSHIP
COUNSELING 
AND TRAINING FOR FORMERLY INCARCERATED INDIVID-
UALS.— 
(1) APPROPRIATIONS.—In addition to amounts 
otherwise available, there is appropriated to the 
Small Business Administration, out of any money in 
the Treasury not otherwise appropriated for fiscal 
year 2022, $35,000,000, to remain available until 
September 30, 2029, to carry out section 53 of the 
Small Business Act, as added by paragraph (2). 
(2) IN GENERAL.—The Small Business Act is 
amended by inserting after section 52, as added by 
subsection (a), the following: 
‘‘SEC. 53. REENTRY ENTREPRENEURSHIP COUNSELING 
AND TRAINING FOR FORMERLY INCARCER-
ATED INDIVIDUALS. 
‘‘(a) COVERED INDIVIDUAL DEFINED.—In this sec-
tion, the term ‘covered individual’ means an individual 
who completed a term of imprisonment. 
‘‘(b) ESTABLISHMENT.—The Administrator shall es-
tablish a program under which the Service Corps of Re-
tired Executives authorized by section 8(b)(1)(B) shall 
provide entrepreneurship counseling and training services 
to covered individuals on a nationwide basis.
1004 
‘‘(c) USE
OF FUNDS.—Amounts made available 
under this section shall be used by the Service Corps of 
Retired Executives for providing to covered individuals the 
following services: 
‘‘(1) Regular individualized mentoring sessions 
to identify and support development of the business 
plans of covered individuals. 
‘‘(2) Workshops on topics specifically tailored to 
meet the needs of covered individuals. 
‘‘(3) Instructional videos designed specifically 
for covered individuals on how to start or expand a 
small business concern.’’. 
SEC. 100602. NEW START ENTREPRENEURIAL DEVELOP-
MENT PROGRAM FOR FORMERLY INCARCER-
ATED INDIVIDUALS. 
(a) APPROPRIATIONS.—In addition to amounts other-
wise available, there is appropriated to the Small Business 
Administration, out of any money in the Treasury not oth-
erwise appropriated for fiscal year 2022, $35,000,000, to 
remain available until September 30, 2029, for carrying 
out this section. 
(b) DEFINITIONS.—In this section— 
(1) COVERED INDIVIDUAL.—The term ‘‘covered 
individual’’ means an individual who—
1005 
(A) completed a term of imprisonment; 
and 
(B) meets the offense eligibility require-
ments set forth in any applicable policy notice 
or other guidance issued by the Small Business 
Administration for the program established 
under section 7(m) of the Small Business Act 
(15 U.S.C. 636(m)). 
(2) INTERMEDIARY; MICROLOAN.—The terms 
‘‘intermediary’’ and ‘‘microloan’’ have the meanings 
given those terms, respectively, in section 7(m)(11) 
of the Small Business Act (15 U.S.C. 636(m)(11)). 
(3) PARTICIPATING LENDER.—The term ‘‘par-
ticipating lender’’ means a participating lender de-
scribed under section 7(a) of the Small Business Act 
(15 U.S.C. 636(a)). 
(4) PILOT
PROGRAM.—The term ‘‘pilot pro-
gram’’ means the pilot program established under 
subsection (b). 
(5) RESOURCE PARTNER.—The term ‘‘resource 
partner’’ means— 
(A) a small business development center 
(defined in section 3 of the Small Business Act 
(15 U.S.C. 632));
1006 
(B) a women’s business center (described 
under section 29 of such Act (15 U.S.C. 656)); 
(C) a chapter of the Service Corps of Re-
tired Executives (established under section 
8(b)(1)(B) 
of 
such 
Act 
((15 
U.S.C. 
637(b)(1)(B))); and 
(D) a Veteran Business Outreach Center 
(described under section 32 of such Act (15 
U.S.C. 657b)). 
(c) ESTABLISHMENT.—The Administrator shall es-
tablish a pilot program to award grants to organizations, 
or partnerships of organizations, to provide assistance to 
covered individuals throughout the United States. 
(d) APPLICATION.— 
(1) IN GENERAL.—An organization or partner-
ship of organizations desiring a grant under the 
pilot program shall submit an application to the Ad-
ministrator in such form, in such manner, and con-
taining such information as the Administrator may 
reasonably require. 
(2) 
CONTENTS.—An 
application 
submitted 
under paragraph (1) shall— 
(A) demonstrate that the applicant has a 
partnership with, or is, an intermediary that 
shall make microloans to covered individuals;
1007 
(B) demonstrate an ability to provide a full 
range of entrepreneurial development program-
ming on an ongoing basis; 
(C) include a plan for reaching covered in-
dividuals, including by identifying particular 
target populations within the community in 
which a covered individual lives; 
(D) include a plan to refer covered individ-
uals who have completed participation in the 
pilot program to existing resource partners and 
participating lenders; 
(E) include a comprehensive plan for the 
use of grant funds, including estimates for ad-
ministrative expenses and outreach costs; and 
(F) any other requirements, as determined 
by the Administrator. 
(e) MATCHING REQUIREMENT.— 
(1) IN GENERAL.—As a condition of a grant 
provided under the pilot program, the Administrator 
shall require the recipient of the grant to contribute 
an amount equal to 25 percent of the amount of the 
grant, obtained solely from non-Federal sources. 
(2) FORM.—In addition to cash or other direct 
funding, the contribution required under paragraph
1008 
(1) may include indirect costs or in-kind contribu-
tions paid for under non-Federal programs. 
Subtitle G—Other Matters 
SEC. 100701. ADMINISTRATIVE EXPENSES. 
(a) IN GENERAL.—In addition to amounts otherwise 
available, there is appropriated to the Administration for 
fiscal year 2022, out of any money in the Treasury not 
otherwise appropriated, $125,000,000, to remain available 
until September 30, 2030, for administrative expenses re-
lated to carrying out this title (or any amendments made 
by this title), except as otherwise provided in this title. 
(b) RULEMAKING.—Using amounts made available 
under subsection (a), not later than 30 days after the date 
of the enactment of this Act, the Administrator may issue 
rules, including interim final rules, as necessary to carry 
out this title and the amendments made by this title. 
SEC. 100702. OFFICE OF INSPECTOR GENERAL OF THE 
SMALL BUSINESS ADMINISTRATION. 
In addition to amounts otherwise available, there is 
appropriated to the Office of Inspector General of the 
Small Business Administration for fiscal year 2022, out 
of any money in the Treasury not otherwise appropriated, 
$12,500,000, to remain available until September 30, 
2030, for audits, investigations, and other oversight of
1009 
projects and activities carried out with funds made avail-
able by this title to the Small Business Administration. 
TITLE 
XI—COMMITTEE 
ON 
TRANSPORTATION 
AND 
IN-
FRASTRUCTURE 
SEC. 110001. AFFORDABLE HOUSING ACCESS PROGRAM. 
(a) IN GENERAL.—In addition to amounts otherwise 
available, there is appropriated for fiscal year 2022, out 
of any money in the Treasury not otherwise appropriated, 
$9,750,000,000, to remain available until September 30, 
2026, to the Secretary of Housing and Urban Develop-
ment and the Administrator of the Federal Transit Ad-
ministration to make competitive grants under sections 
5307, 5311, and 5339(c) of title 49, United States Code, 
to support— 
(1) access to affordable housing; 
(2) enhanced mobility for residents and riders, 
including those in disadvantaged communities and 
neighborhoods, persistent poverty communities, or 
for low-income riders generally; and 
(3) other community benefits for residents of 
disadvantaged communities or neighborhoods, per-
sistent poverty communities, or for low-income riders 
generally identified by the Secretary and the Admin-
1010 
istrator related to enhanced transit service, includ-
ing— 
(A) access to job and educational opportu-
nities; 
(B) better connections to medical care; and 
(C) enhanced access to grocery stores with 
fresh foods to help eliminate food deserts. 
(b) ADMINISTRATION
OF
FUNDS.—Funds made 
available under this section— 
(1) shall not be subject to any prior restriction 
on the total amount of funds available for implemen-
tation or execution of programs authorized under 
sections 5307, 5311, 5312, 5314, or 5339(c) of title 
49, United States Code; 
(2) notwithstanding requirements related to 
Government share under such sections, shall be 
available for up to 100 percent of the net cost of a 
project; 
(3) notwithstanding section 5307(a)(1) of such 
title, may be used for operating costs of equipment 
and facilities in an urbanized area with a population 
equal to or greater than 200,000 individuals; and 
(4) shall be expended in compliance with the 
U.S. Department of Transportation’s Disadvantaged 
Business Enterprise Program.
1011 
(c) ELIGIBLE ACTIVITIES.—Eligible activities for 
funds made available under subsection (a) shall be— 
(1) construction of a new fixed guideway capital 
project; 
(2) construction of a bus rapid transit project 
or a corridor-based bus rapid transit project that 
utilizes zero-emission vehicles, or a collection of such 
projects; 
(3) the establishment or expansion of high-fre-
quency bus service that utilizes zero-emission buses; 
(4) the acquisition of zero-emission vehicles or 
related infrastructure under section 5339(c) of title 
49, United States Code, to expand service in urban 
areas and the acquisition of vehicles under section 
5311 of such title to expand service in non-urban 
areas; 
(5) an expansion of the service area or the fre-
quency of service of recipients or subrecipients under 
sections 5307 or 5311 of such title, including the 
provision of fare-free or reduced-fare service; 
(6) renovation or construction of facilities and 
incidental expenses related to transit service in dis-
advantaged communities or neighborhoods or service 
that benefits low-income riders generally;
1012 
(7) additional assistance to project sponsors of 
new fixed guideway capital projects, core capacity 
improvement projects, or corridor-based bus rapid 
transit projects not yet open to revenue service, not-
withstanding applicable requirements regarding Gov-
ernment share of contributions toward net project 
cost of the project or the share of contributions pro-
vided by the Administrator of the Federal Transit 
Administration, if— 
(A) the applicant demonstrates that the 
availability of funding under this section pro-
vides additional support for transit services con-
sistent with the requirements in subsection (a); 
and 
(B) assistance under this paragraph does 
not increase by more than 10 percentage 
points— 
(i) the Government share of contribu-
tions toward net project cost; or 
(ii) the Government share of assist-
ance from a program carried out by the 
Administrator of the Federal Transit Ad-
ministration;
1013 
(8) fleet transition, route, or other public trans-
portation planning, including planning related to 
economic development; and 
(9) projects to upgrade the accessibility of bus 
or rail public transportation services for persons 
with disabilities, including individuals who use 
wheelchairs. 
(d) RESEARCH, TECHNICAL
ASSISTANCE, 
AND 
TRAINING.—In addition to amounts otherwise available, 
there is appropriated for fiscal year 2022, out of any 
money in the Treasury not otherwise appropriated, 
$150,000,000, to remain available until September 30, 
2026, for grants under sections 5312 or 5314 of title 49, 
United States Code, (excluding grants related to any ac-
tivities or agreements with international entities or foreign 
nationals) for— 
(1) activities under section 5312 of such title 
that support efforts to reduce barriers to the deploy-
ment of zero-emission transit vehicles in disadvan-
taged communities or neighborhoods and rural 
areas, including barriers related to the cost of such 
vehicles; and 
(2) activities under section 5314 of such title 
for training and development activities to support
1014 
the provision of service to disadvantaged commu-
nities or neighborhoods and rural areas. 
(e) ADMINISTRATIVE EXPENSES.—In addition to 
amounts otherwise available, there is appropriated for fis-
cal year 2022, out of any money in the Treasury not other-
wise appropriated, $100,000,000, to remain available until 
September 30, 2026, for administrative expenses and 
oversight costs of carrying out this section and to make 
new awards or to increase prior awards to provide tech-
nical assistance and capacity building for eligible recipi-
ents or subrecipients under this section. 
(f) PERIOD OF AVAILABILITY.—Any funds provided 
from the general fund of the Treasury to carry out grants 
under section 5339(c) of title 49, United States Code, for 
fiscal years 2025 and 2026 shall remain available until 
September 30, 2028. 
SEC. 110002. COMMUNITY CLIMATE INCENTIVE GRANT PRO-
GRAM. 
(a) IN GENERAL.—Chapter 1 of title 23, United 
States Code, is amended by adding at the end the fol-
lowing: 
‘‘§ 177. Community climate incentive grant program 
‘‘(a) ESTABLISHMENT.—In addition to amounts oth-
erwise available, there is appropriated for fiscal year 2022, 
out of any money in the Treasury not otherwise appro-
1015 
priated, $50,000,000, to remain available until September 
30, 2026, to the Administrator of the Federal Highway 
Administration— 
‘‘(1) to establish a greenhouse gas performance 
measure that requires States to set performance tar-
gets to reduce greenhouse gas emissions; 
‘‘(2) to establish an incentive structure to re-
ward States that demonstrate the most significant 
progress toward achieving reductions in greenhouse 
gas emissions; 
‘‘(3) to establish consequences for States that 
do not achieve reductions in greenhouse gas emis-
sions; 
‘‘(4) to issue guidance and regulations and pro-
vide technical assistance as necessary to implement 
this section; and 
‘‘(5) for operations and administration of the 
Federal Highway Administration in carrying out this 
section. 
‘‘(b) INCENTIVE GRANTS TO STATES.—In addition to 
amounts otherwise available, there is appropriated for fis-
cal year 2022, out of any money in the Treasury not other-
wise appropriated, $950,000,000, to remain available until 
September 30, 2026, to the Administrator of the Federal
1016 
Highway Administration for incentive grants for carbon 
reduction projects, to be awarded to States that— 
‘‘(1) qualify for a reward under the incentive 
structure established by the Administrator of the 
Federal Highway Administration under subsection 
(a)(2); or 
‘‘(2) have incorporated carbon reduction strate-
gies that contribute to achieving net zero greenhouse 
gas emissions by 2050 into the transportation plans 
required under section 135. 
‘‘(c) COMMUNITY CLIMATE GRANTS TO OTHER ELI-
GIBLE ENTITIES.— 
‘‘(1) IN
GENERAL.—In addition to amounts 
otherwise available, there is appropriated for fiscal 
year 2022, out of any money in the Treasury not 
otherwise appropriated, $3,000,000,000, to remain 
available until September 30, 2026, to the Adminis-
trator of the Federal Highway Administration to 
award grants, on a competitive basis, for carbon re-
duction projects to eligible entities that are not 
States. 
‘‘(2) FEDERAL SHARE.—The Federal share of 
the cost of a project carried out with a grant under 
this subsection may be up to 100 percent. 
‘‘(d) USE OF FUNDS.—
1017 
‘‘(1) IN GENERAL.—A project carried out under 
subsection (b) or (c) shall be treated as a project on 
a Federal-aid highway. 
‘‘(2) COMPLIANCE
WITH
EXISTING
REQUIRE-
MENTS.—Funds made available for a grant under 
subsection (b), and funds made available for a grant 
under subsection (c) that are administered by or 
through a State department of transportation, shall 
be expended in compliance with the U.S. Depart-
ment of Transportation’s Disadvantaged Business 
Enterprise Program. 
‘‘(e) LIMITATION.—Funds made available under this 
section shall not— 
‘‘(1) be subject to any restriction or limitation 
on the total amount of funds available for implemen-
tation or execution of programs authorized for Fed-
eral-aid highways; or 
‘‘(2) be used for projects that result in addi-
tional through travel lanes for single occupant pas-
senger vehicles. 
‘‘(f) DEFINITIONS.—In this section: 
‘‘(1) CARBON REDUCTION PROJECT.—The term 
‘carbon reduction project’ means a project— 
‘‘(A) that is eligible under this title; and 
‘‘(B) that—
1018 
‘‘(i) will result in significant reduc-
tions in greenhouse gas emissions related 
to a surface transportation facility or 
project; 
‘‘(ii) provides zero-emission transpor-
tation options; 
‘‘(iii) reduces dependence on single-oc-
cupant vehicle trips; or 
‘‘(iv) advances carbon reduction strat-
egies adopted by an eligible entity that 
contribute to achieving net-zero greenhouse 
gas emissions by 2050. 
‘‘(2) ELIGIBLE ENTITY.—The term ‘eligible en-
tity’ means— 
‘‘(A) a unit of local government; 
‘‘(B) a political subdivision of a State; 
‘‘(C) a territory; 
‘‘(D) a metropolitan planning organization 
(as defined in section 134(b)(2)); 
‘‘(E) a special purpose district or public 
authority with a transportation function; 
‘‘(F) 
an 
entity 
described 
in 
section 
207(m)(1)(E); or 
‘‘(G) a State.’’.
1019 
(b) CLERICAL AMENDMENT.—The analysis for chap-
ter 1 of title 23, United States Code, is amended by add-
ing at the end the following: 
‘‘177. Community climate incentive grant program.’’. 
SEC. 110003. NEIGHBORHOOD ACCESS AND EQUITY GRANT 
PROGRAM. 
(a) IN GENERAL.—Chapter 1 of title 23, United 
States Code, is further amended by adding at the end the 
following: 
‘‘§ 178. Neighborhood access and equity grant pro-
gram 
‘‘(a) IN GENERAL.—In addition to amounts other-
wise available, there is appropriated for fiscal year 2022, 
out of any money in the Treasury not otherwise appro-
priated, $2,370,000,000, to remain available until Sep-
tember 30, 2026, to the Administrator of the Federal 
Highway Administration for competitive grants to eligible 
entities described in subsection (b)— 
‘‘(1) to improve walkability, safety, and afford-
able transportation access through construction of 
projects that are context-sensitive— 
‘‘(A) to remove, remediate, or reuse a facil-
ity described in subsection (c)(1); 
‘‘(B) to replace a facility described in sub-
section (c)(1) with a facility that is at-grade or 
lower speed;
1020 
‘‘(C) to retrofit or cap a facility described 
in subsection (c)(1); 
‘‘(D) to build or improve complete streets, 
multiuse trails, regional greenways, or active 
transportation networks and spines; or 
‘‘(E) to provide affordable access to essen-
tial destinations, public spaces, or transpor-
tation links and hubs; 
‘‘(2) to mitigate or remediate negative impacts 
on the human or natural environment resulting from 
a facility described in subsection (c)(2) in a dis-
advantaged or underserved community, including 
construction of— 
‘‘(A) noise barriers to reduce impacts re-
sulting from a facility described in subsection 
(c)(2); 
‘‘(B) technologies, infrastructure, and ac-
tivities to reduce surface transportation-related 
air pollution, including greenhouse gas emis-
sions; 
‘‘(C) infrastructure or protective features 
to reduce or manage stormwater run-off result-
ing from a facility described in subsection 
(c)(2), including through natural infrastructure 
and pervious, permeable, or porous pavement;
1021 
‘‘(D) infrastructure and natural features to 
reduce or mitigate urban heat island hot spots 
in the transportation right-of-way or on surface 
transportation facilities; or 
‘‘(E) safety improvements for vulnerable 
road users; and 
‘‘(3) for planning and capacity building activi-
ties in disadvantaged or underserved communities 
to— 
‘‘(A) identify, monitor, or assess local and 
ambient air quality, emissions of transportation 
greenhouse gases, hot spot areas of extreme 
heat or elevated air pollution, gaps in tree can-
opy coverage, or flood prone transportation in-
frastructure; 
‘‘(B) assess transportation equity or pollu-
tion impacts and develop local anti-displacement 
policies and community benefit agreements; 
‘‘(C) conduct predevelopment activities for 
projects eligible under this subsection; 
‘‘(D) expand public participation in trans-
portation planning by individuals and organiza-
tions in disadvantaged or underserved commu-
nities; or
1022 
‘‘(E) administer or obtain technical assist-
ance related to activities described in this sub-
section. 
‘‘(b) ELIGIBLE ENTITIES DESCRIBED.—An eligible 
entity referred to in subsection (a) is— 
‘‘(1) a State; 
‘‘(2) a unit of local government; 
‘‘(3) a political subdivision of a State; 
‘‘(4) 
an 
entity 
described 
in 
section 
207(m)(1)(E); 
‘‘(5) a territory of the United States; 
‘‘(6) a special purpose district or public author-
ity with a transportation function; 
‘‘(7) a metropolitan planning organization (as 
defined in section 134(b)(2)); or 
‘‘(8) with respect to a grant described in sub-
section (a)(3), in addition to an eligible entity de-
scribed in paragraphs (1) through (7), a nonprofit 
organization or institution of higher education that 
has entered into a partnership with an eligible entity 
described in paragraphs (1) through (7). 
‘‘(c) FACILITY DESCRIBED.—A facility referred to in 
subsection (a) is— 
‘‘(1) a surface transportation facility for which 
high speeds, grade separation, or other design fac-
1023 
tors create an obstacle to connectivity within a com-
munity; or 
‘‘(2) a surface transportation facility which is a 
source of air pollution, noise, stormwater, or other 
burden to a disadvantaged or underserved commu-
nity. 
‘‘(d) INVESTMENT
IN ECONOMICALLY DISADVAN-
TAGED COMMUNITIES.— 
‘‘(1) IN
GENERAL.—In addition to amounts 
otherwise available, there is appropriated for fiscal 
year 2022, out of any money in the Treasury not 
otherwise appropriated, $1,580,000,000, to remain 
available until September 30, 2026, to the Adminis-
trator of the Federal Highway Administration to 
provide grants for projects in communities described 
in paragraph (2) for the same purposes and admin-
istered in the same manner as described in sub-
section (a). 
‘‘(2) COMMUNITIES DESCRIBED.—A community 
referred to in paragraph (1) is a community that— 
‘‘(A) is economically disadvantaged, includ-
ing an underserved community or a community 
located in an area of persistent poverty;
1024 
‘‘(B) has entered or will enter into a com-
munity benefits agreement with representatives 
of the community; 
‘‘(C) has an anti-displacement policy, a 
community land trust, or a community advisory 
board in effect; or 
‘‘(D) has demonstrated a plan for employ-
ing local residents in the area impacted by the 
activity or project proposed under this section. 
‘‘(e) ADMINISTRATION.— 
‘‘(1) IN GENERAL.—A project carried out under 
subsection (a) or (d) shall be treated as a project on 
a Federal-aid highway. 
‘‘(2) COMPLIANCE
WITH
EXISTING
REQUIRE-
MENTS.—Funds made available for a grant under 
this section and administered by or through a State 
department of transportation shall be expended in 
compliance with the U.S. Department of Transpor-
tation’s Disadvantaged Business Enterprise Pro-
gram. 
‘‘(f) COST SHARE.—The Federal share of the cost of 
an activity carried out using a grant awarded under this 
section shall be not more than 80 percent, except that the 
Federal share of the cost of a project in a disadvantaged 
or underserved community may be up to 100 percent.
1025 
‘‘(g) TECHNICAL
ASSISTANCE.—In addition to 
amounts otherwise available, there is appropriated for fis-
cal year 2022, out of any money in the Treasury not other-
wise appropriated, $50,000,000, to remain available until 
September 30, 2026, to the Administrator of the Federal 
Highway Administration for— 
‘‘(1) guidance, technical assistance, templates, 
training, or tools to facilitate efficient and effective 
contracting, design, and project delivery by units of 
local government; 
‘‘(2) subgrants to units of local government to 
build capacity of such units of local government to 
assume responsibilities to deliver surface transpor-
tation projects; and 
‘‘(3) operations and administration of the Fed-
eral Highway Administration. 
‘‘(h) LIMITATIONS.—Amounts made available under 
this section shall not— 
‘‘(1) be subject to any restriction or limitation 
on the total amount of funds available for implemen-
tation or execution of programs authorized for Fed-
eral-aid highways; and 
‘‘(2) be used for a project for additional 
through travel lanes for single-occupant passenger 
vehicles.’’.
1026 
(b) CLERICAL AMENDMENT.—The analysis for chap-
ter 1 of title 23, United States Code, is further amended 
by adding at the end the following: 
‘‘178. Neighborhood access and equity grant program.’’. 
SEC. 110004. TERRITORIAL HIGHWAY PROGRAM FUNDING. 
(a) IN GENERAL.—In addition to amounts otherwise 
made available, there is appropriated for fiscal year 2022, 
out of any money in the Treasury not otherwise appro-
priated, $320,000,000, to remain available until Sep-
tember 30, 2026, to the Administrator of the Federal 
Highway Administration for distribution under section 
165(c) of title 23, United States Code. 
(b) LIMITATION.—Funds made available under this 
section shall not be subject to any restriction or limitation 
on the total amount of funds available for implementation 
or execution of programs authorized for Federal-aid high-
ways. 
SEC. 110005. TRAFFIC SAFETY CLEARINGHOUSE. 
(a) IN GENERAL.—In addition to amounts otherwise 
made available, there is appropriated for fiscal year 2022, 
out of any money in the Treasury not otherwise appro-
priated, $47,500,000 to remain available until September 
30, 2026, for the Administrator of the National Highway 
Traffic Safety Administration to make 1 or more grants, 
cooperative agreements, or contracts with 1 or more quali-
fied institutions to—
1027 
(1) operate a national clearinghouse for fair 
and equitable traffic safety enforcement programs; 
(2) conduct research relating to, and develop, 
systems for States to collect traffic safety enforce-
ment data, and provide technical assistance to 
States collecting such data, including the sharing of 
data to a national database; 
(3) develop recommendations and best practices 
to help States collect and use traffic safety enforce-
ment data to promote equity and reduce traffic-re-
lated fatalities and injuries; and 
(4) develop information and educational pro-
grams relating to implementing equitable traffic 
safety enforcement best practices to assist States 
and local communities. 
(b) ADMINISTRATION.—In addition to amounts oth-
erwise made available, there is appropriated for fiscal year 
2022, out of any money in the Treasury not otherwise ap-
propriated, $2,500,000 to remain available until Sep-
tember 30, 2026, for the Administrator of the National 
Highway Traffic Safety Administration for the salaries, 
expenses, and costs of administering this section. 
(c) DEFINITION OF STATE.—In this section the term 
‘‘State’’ has the meaning given the term in section 401 
of title 23, United States Code.
1028 
SEC. 
110006. 
PASSENGER 
RAIL 
IMPROVEMENT, 
MOD-
ERNIZATION, AND EMISSIONS REDUCTION 
GRANTS. 
(a) APPROPRIATION.—In addition to amounts other-
wise available, there is appropriated to the Secretary of 
Transportation for fiscal year 2022, out of any money in 
the 
Treasury 
not 
otherwise 
appropriated, 
$10,000,000,000, to remain available until September 30, 
2026, for financial assistance under sections 26101 and 
26106 of title 49, United States Code, to eligible entities 
for eligible projects. 
(b) DEFINITIONS.—In this section: 
(1) CORRIDOR.—The term ‘‘corridor’’ means an 
existing, modified, or proposed intercity passenger 
rail service (as defined in section 26106(b)(5) of 
title 49, United States Code). 
(2) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
ty’’ means— 
(A) an entity that is eligible to receive fi-
nancial assistance under section 26101 of title 
49, United States Code; and 
(B) an applicant that is eligible to receive 
a grant under section 26106 of title 49, United 
States Code. 
(3) ELIGIBLE
PROJECT.—The term ‘‘eligible 
project’’ means—
1029 
(A) a planning project for high-speed rail 
corridor development that consists of planning 
activities eligible to receive financial assistance 
under section 26101(b)(1) of title 49, United 
States Code; and 
(B) a capital project for high-speed rail 
corridor development that— 
(i) is eligible to receive a grant for a 
capital project (as defined in section 
26106(b)(3) of title 49, United States 
Code); and 
(ii) directly serves rail stations within 
urban areas (as published by the Bureau 
of the Census) that are located in close 
proximity to a census tract (as published 
by the Bureau of the Census) within the 
urban area that has a greater density pop-
ulation than the urban area as a whole. 
(4) HIGH-SPEED RAIL.—The term ‘‘high-speed 
rail’’ means non-highway ground transportation that 
is owned or operated by an eligible entity and rea-
sonably expected to reach speeds of— 
(A) 160 miles per hour or faster on a 
shared use right-of-way; or
1030 
(B) 186 miles per hour or faster on a dedi-
cated right-of-way. 
(c) ALLOCATION.—Not less than $1,000,000,000 of 
the amounts appropriated by subsection (a) shall be used 
for eligible projects described in subsection (b)(3)(A). 
(d) FEDERAL SHARE.—For any financial assistance 
and grants provided pursuant to this section, the Federal 
share may not exceed 90 percent of the total cost of the 
eligible project. 
(e) OVERSIGHT.—Not more than $100,000,000 of 
the amounts appropriated by subsection (a) may be used 
by the Secretary of Transportation for the costs of award 
and project management of financial assistance provided 
under this section. 
SEC. 110007. ALTERNATIVE FUEL AND LOW-EMISSION AVIA-
TION TECHNOLOGY PROGRAM. 
(a) APPROPRIATION
AND
ESTABLISHMENT.—For 
purposes of establishing a competitive grant program to 
provide grants to eligible entities to carry out projects lo-
cated in the United States that produce, transport, blend, 
or store sustainable aviation fuel, or develop, demonstrate, 
or apply low-emission aviation technologies, in addition to 
amounts otherwise available, there are appropriated to the 
Secretary for fiscal year 2022, out of any money in the
1031 
Treasury not otherwise appropriated, to remain available 
until September 30, 2026— 
(1) $247,000,000 for projects relating to the 
production, transportation, blending, or storage of 
sustainable aviation fuel; 
(2) $47,000,000 for projects relating to low- 
emission aviation technologies; and 
(3) $6,000,000 to fund the award of grants 
under this section, and oversight of the program, by 
the Secretary. 
(b) CONSIDERATIONS.—In carrying out subsection 
(a), the Secretary shall consider, with respect to a pro-
posed project— 
(1) the capacity for the eligible entity to in-
crease the domestic production and deployment of 
sustainable aviation fuel or the use of low-emission 
aviation technologies among the United States com-
mercial aviation and aerospace industry; 
(2) the projected greenhouse gas emissions 
from such project, including emissions resulting 
from the development of the project, and the poten-
tial the project has to reduce or displace, on a 
lifecycle basis, United States greenhouse gas emis-
sions associated with air travel;
1032 
(3) the capacity to create new jobs and develop 
supply chain partnerships in the United States; 
(4) for projects related to the production of sus-
tainable aviation fuel, the projected lifecycle green-
house gas emissions benefits from the proposed 
project, which shall include feedstock and fuel pro-
duction and potential direct and indirect greenhouse 
gas emissions (including resulting from changes in 
land use); and 
(5) the benefits of ensuring a diversity of feed-
stocks for sustainable aviation fuel, including the use 
of waste carbon oxides and direct air capture. 
(c) COST SHARE.—The Federal share of the cost of 
a project carried out using grant funds under subsection 
(a) shall be a maximum of 90 percent of the proposed total 
cost of the project, and the Secretary shall consider the 
extent to which a proposed project meets the consider-
ations described in subsection (b) in determining the Fed-
eral share under this subsection. 
(d) FUEL EMISSIONS REDUCTION TEST.—For pur-
poses of clause (ii) of subsection (e)(7)(E), the Secretary 
shall, not later than 2 years after the date of enactment 
of this section, adopt at least 1 methodology for testing 
lifecycle greenhouse gas emissions that meets the require-
ments of such clause.
1033 
(e) DEFINITIONS.—In this section: 
(1) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
ty’’ means— 
(A) a State or local government, including 
the District of Columbia, other than an airport 
sponsor; 
(B) an air carrier; 
(C) an airport sponsor; 
(D) an accredited institution of higher edu-
cation; 
(E) a research institution; 
(F) a person or entity engaged in the pro-
duction, transportation, blending, or storage of 
sustainable aviation fuel in the United States or 
feedstocks in the United States that could be 
used to produce sustainable aviation fuel; 
(G) a person or entity engaged in the de-
velopment, demonstration, or application of low- 
emission aviation technologies; or 
(H) nonprofit entities or nonprofit con-
sortia with experience in sustainable aviation 
fuels, low-emission aviation technologies, or 
other clean transportation research programs.
1034 
(2) FEEDSTOCK.—The term ‘‘feedstock’’ means 
sources of hydrogen and carbon not originating from 
unrefined or refined petrochemicals. 
(3) INDUCED
LAND-USE
CHANGE
VALUES.— 
The term ‘‘induced land-use change values’’ means 
the greenhouse gas emissions resulting from the con-
version of land to the production of feedstocks and 
from the conversion of other land due to the dis-
placement of crops or animals for which the original 
land was previously used. 
(4) 
LIFECYCLE
GREENHOUSE
GAS
EMIS-
SIONS.—The term ‘‘lifecycle greenhouse gas emis-
sions’’ means the combined greenhouse gas emis-
sions from feedstock production, collection of feed-
stock, transportation of feedstock to fuel production 
facilities, conversion of feedstock to fuel, transpor-
tation and distribution of fuel, and fuel combustion 
in an aircraft engine, as well as from induced land- 
use change values. 
(5) LOW-EMISSION AVIATION TECHNOLOGIES.— 
The term ‘‘low-emission aviation technologies’’ 
means technologies, produced in the United States, 
that significantly— 
(A) improve aircraft fuel efficiency;