SEC. 502. PARTICIPATION IN FEDERAL PROCUREMENT.
(a) GOVERNMENT-WIDE PARTICIPATION GOALS.—
Subsection (g)(1) of section 15 of the Small Business Act
(15 U.S.C. 644(g)(1)) is amended—
(1) in the first sentence, by inserting ‘‘small
business concerns owned and controlled by service
disabled veterans,’’ after ‘‘small business concerns,’’
the first place it appears;
(2) by inserting after the second sentence the
following:
‘‘The Government-wide goal for participation by
small business concerns owned and controlled by
service-disabled veterans shall be established at not
less than 5 percent of the total value of all prime
contract and subcontract awards for each fiscal
year.’’; and
(3) in the second to last sentence, by inserting;
‘‘small business concerns owned and controlled
by service-disabled veterans,’’ after ‘‘small business
concerns,’’ the first place it appears.
(b) AGENCY
PARTICIPATION
GOALS.—Subsection
(g)(2) of section 15 of the Small Business Act (15 U.S.C.
644) is amended—
(1) in the first sentence, by inserting ‘‘by small
business concerns owned and controlled by service-
disabled veterans,’’ after ‘‘small business concerns,’’;
the first place it appears;
(2) in the second sentence, by inserting ‘‘small
business concerns owned and controlled by service-
disabled veterans,’’ after ‘‘small business concerns,’’
the first place it appears; and
(3) in the fourth sentence, by inserting ‘‘small
business concerns owned and controlled by service-
disabled veterans, by’’ after ‘‘including participation
by’’.
TITLE VI—REPORTS AND DATA
COLLECTION
SEC. 601. REPORTING REQUIREMENTS.
(a) REPORTS
TO SMALL BUSINESS ADMINISTRA-
TION.—
Subsection (h)(1) of section 15 of the Small Business
Act (15 U.S.C. 644(h)(1)) is amended by inserting ‘‘small
business concerns owned and controlled by veterans (in-
cluding service-disabled veterans),’’ after ‘‘small business
concerns,’’ the first place it appears.
(b) REPORTS TO THE PRESIDENT AND CONGRESS.—
Subsection (h)(2) of section 15 of the Small Business Act
(15 U.S.C. 644(h)(2)) is amended—
(1) by inserting ‘‘and Congress’’ before the pe-
riod at the end of first sentence; and
(2) in subparagraphs (A), (D), and (E), by in-
serting ‘‘small business concerns owned and con-
trolled by service-disabled veterans,’’ after ‘‘small
business concerns,’’ the first place it appears.
SEC. 602. REPORT ON SMALL BUSINESS AND COMPETITION.
Section 303(e) of the Small Business Economic Pol-
icy Act of 1980 (15 U.S.C. 631b(e)) is amended—
(1) in paragraph (1), by striking ‘‘and’’ after
the semicolon;
(2) in paragraph (2), by striking the period at
the end and inserting ‘‘; and’’; and
(3) by adding at the end the following:
‘‘(3) small business concerns owned and con-
trolled by veterans, as defined in section 3(q) of the
Small Business Act (15 U.S.C. 632(q)), and small
business concerns owned and controlled by service-
disabled veterans, as defined in such section 3(q).’’.
SEC. 603. ANNUAL REPORT OF THE ADMINISTRATOR.
The Administrator of the Small Business Administra-
tion shall transmit annually to the Committees on Small
Business and Veterans Affairs of the House of Represent-
atives and the Senate a report on the needs of small busi-
ness concerns owned and controlled by veterans and small
business concerns owned and controlled by service-disabled
veterans, which shall include information on—
(1) the availability of Small Business Adminis-
tration programs for such small business concerns
and the degree of utilization of such programs by
such small business concerns during the preceding
12-month period;
(2) the percentage and dollar value of Federal
contracts awarded to such small business concerns
during the preceding 12-month period; and
(3) proposals to improve the access of such
small business concerns to the assistance made avail-
able by the United States.
SEC. 604. DATA AND INFORMATION COLLECTION.
(a) INFORMATION
ON
FEDERAL
PROCUREMENT
PRACTICES.—The Administrator of the Small Business
Administration shall, for each fiscal year—
(1) collect information concerning the procure-
ment practices and procedures of each department
and agency of the United States having procurement
authority; and
(2) make such information available to any
small business concern requesting such information.
(b) IDENTIFICATION OF SMALL BUSINESS CONCERNS
OWNED BY ELIGIBLE VETERANS.—Each Fiscal year the
Secretary of Veterans Affairs shall, in consultation with
the Assistant Secretary of Labor for Veterans’ Employ-
ment and Training and the Administrator of the Small
Business Administration, identify small business concerns
owned and controlled by veterans in the United States.
The Secretary shall inform each small business concern
identified under this paragraph that information on Fed-
eral procurement is available from the Administrator.
(c) SELF-EMPLOYMENT OPPORTUNITIES.—The Sec-
retary of Labor, the Secretary of Veterans Affairs, and
the Administrator of the Small Business Administration
shall enter into a memorandum of understanding to pro-
vide for coordination of vocational rehabilitation services,
technical and managerial assistance, and financial assist-
ance to veterans, including service-disabled veterans, seek-
ing to employ themselves by forming or expanding small
business concerns. The memorandum of understanding
shall include recommendations for expanding existing pro-
grams or establishing new programs to provide such serv-
ices or assistance to such veterans.
TITLE VII—MISCELLANEOUS
PROVISIONS
SEC. 701. ADMINISTRATOR’S ORDER.
The Administrator of the Small Business Administra-
tion shall strengthen and reissue the Administrator’s order
regarding the 3rd sentence of section 4(b)(1) of the Small
Business Act (15 U.S.C. 633(b)(1)), relating to non-
discrimination and special considerations for veterans, and
take all necessary steps to ensure that its provisions are
fully and vigorously implemented.
SEC. 702. SMALL BUSINESS ADMINISTRATION OFFICE OF
ADVOCACY.
Section 202 of Public Law 94–305 (15 U.S.C. 634b)
is amended—
(1) in paragraph (10), by striking ‘‘and’’ at the
end;
(2) in paragraph (11), by striking the period at
the end and inserting ‘‘; and’’; and
(3) by adding at the end the following:
‘‘(12) evaluate the efforts of each department
and agency of the United States, and of private in-
dustry, to assist small business concerns owned and
controlled by veterans, as defined in section 3(q) of
the Small Business Act (15 U.S.C. 632(q)), and
small business concerns owned and controlled by
serviced-disabled veterans, as defined in such section
3(q), and make appropriate recommendations to the
Administrator of the Small Business Administration
and to Congress in order to promote the establish-
ment and growth of those small business concerns.’’.
SEC. 703. STUDY OF FIXED-ASSET SMALL BUSINESS LOANS.
(a) IN GENERAL.—The Comptroller General shall
conduct a study on whether there would exist any addi-
tional risk or cost to the United States if—
(1) up to 10 percent of the loans guaranteed
under chapter 37 of title 38, United States Code,
were made for the acquisition or construction of
fixed assets used in a trade or business rather than
for the construction or purchase of residential build-
ings; and
(2) such loans for acquisition or construction of
fixed assets were for a term of not more than 10
years and the terms regarding eligibility, loan limits,
interest, fees, and down payment were the same as
for other loans guaranteed under such chapter.
(b) REPORT.—
(1) IN
GENERAL.—Not later than 180 days
after the enactment of this Act, the Comptroller
General shall transmit the report described in sub-
section (a) to the Committees on Veterans’ Affairs
and the Committees on Small Business of the House
of Representatives and the Senate.
(2) CONTENTS
OF
REPORT.—The report re-
quired by paragraph (1) shall specifically address
the following:
(A) With respect to the change in the vet-
erans’ housing loan program contemplated
under subsection (a):
(i) The increase or decrease in admin-
istrative costs to the Department of Vet-
erans Affairs.
(ii) The increase or decrease in the
degree of exposure of the United States as
the guarantor of the loans.
(iii) The increase or decrease in the
Federal subsidy rate that would be pos-
sible.
(iv) Any increase in the interest rate
or fees charged to the borrower or lender
that would be required to maintain present
program costs.
(B) Information regarding the delinquency
rates, default rates, length of time required for re-
covery after default, for fixed-asset business loans,
of a size and duration comparable to those con-
templated under subsection (a), made available in
the private market or under section 503 of the Small
Business Investment Act.
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