‘‘(A) For the programs authorized by this 
Act, the Administration is authorized to 
make— 
‘‘(i) $80,000,000 in technical assist-
ance grants, as provided in section 7(m); 
and 
‘‘(ii) $110,000,000 in direct loans, as 
provided in 7(m). 
‘‘(B) For the programs authorized by this 
Act, the Administration is authorized to make 
$29,300,000,000 in deferred participation loans 
and other financings. Of such sum, the Admin-
istration is authorized to make— 
‘‘(i) $20,000,000,000 in general busi-
ness loans, as provided in section 7(a); 
‘‘(ii) $8,500,000,000 in certified de-
velopment company financings, as provided 
in section 7(a)(13) and as provided in sec-
tion 504 of the Small Business Investment 
Act of 1958; 
‘‘(iii) $750,000,000 in loans, as pro-
vided in section 7(a)(21); and 
‘‘(iv) $50,000,000 in loans, as pro-
vided in section 7(m).
‘‘(C) For the programs authorized by title 
III of the Small Business Investment Act of 
1958, the Administration is authorized to make 
$4,000,000,000 in guarantees of debentures. 
‘‘(D) For the programs authorized by part 
B of title IV of the Small Business Investment 
Act of 1958, the Administration is authorized 
to enter into guarantees not to exceed 
$6,000,000,000, of which not more than 50 
percent may be in bonds approved pursuant to 
section 411(a)(3) of that Act. 
‘‘(E) The Administration is authorized to 
make grants or enter into cooperative agree-
ments for a total amount of $7,000,000 for the 
Service Corps of Retired Executives program 
authorized by section 8(b)(1). 
‘‘(2) ADDITIONAL AUTHORIZATION.—There are 
authorized to be appropriated to the Administration 
for fiscal year 2008 $20,000,000 to carry out the 
PRIME program. 
‘‘(e) FISCAL YEAR 2009.— 
‘‘(1) PROGRAM
LEVELS.—The following pro-
gram levels are authorized for fiscal year 2009:
‘‘(A) For the programs authorized by this 
Act, the Administration is authorized to 
make— 
‘‘(i) $90,000,000 in technical assist-
ance grants, as provided in section 7(m); 
and 
‘‘(ii) $120,000,000 in direct loans, as 
provided in 7(m). 
‘‘(B) For the programs authorized by this 
Act, the Administration is authorized to make 
$29,800,000,000 in deferred participation loans 
and other financings. Of such sum, the Admin-
istration is authorized to make— 
‘‘(i) $20,000,000,000 in general busi-
ness loans, as provided in section 7(a); 
‘‘(ii) $9,000,000,000 in certified de-
velopment company financings, as provided 
in section 7(a)(13) and as provided in sec-
tion 504 of the Small Business Investment 
Act of 1958; 
‘‘(iii) $750,000,000 in loans, as pro-
vided in section 7(a)(21); and 
‘‘(iv) $50,000,000 in loans, as pro-
vided in section 7(m).
‘‘(C) For the programs authorized by title 
III of the Small Business Investment Act of 
1958, the Administration is authorized to make 
$4,000,000,000 in guarantees of debentures. 
‘‘(D) For the programs authorized by part 
B of title IV of the Small Business Investment 
Act of 1958, the Administration is authorized 
to enter into guarantees not to exceed 
$6,000,000,000, of which not more than 50 
percent may be in bonds approved pursuant to 
section 411(a)(3) of that Act. 
‘‘(E) The Administration is authorized to 
make grants or enter into cooperative agree-
ments for a total amount of $7,000,000 for the 
Service Corps of Retired Executives program 
authorized by section 8(b)(1). 
‘‘(2) ADDITIONAL AUTHORIZATION.—There are 
authorized to be appropriated to the Administration 
for fiscal year 2009 $20,000,000 to carry out the 
PRIME program.’’. 
SEC. 3. BUSINESSLINC GRANTS REAUTHORIZATION. 
Section 8(n) of the Small Business Act (15 U.S.C. 
637(n)) is amended— 
(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 
(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 
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’’. 
Passed the House of Representatives November 6, 
2007. 
Attest: 
Clerk.
110TH CONGRESS 
1ST SESSION 
H. R. 3866 
AN ACT 
To reauthorize certain programs under the Small 
Business Act for each of fiscal years 2008 and 
2009.