II 
Calendar No. 129 
110TH CONGRESS 
1ST SESSION H. R. 1332 
IN THE SENATE OF THE UNITED STATES 
APRIL 26, 2007 
Received 
APRIL 30, 2007 
Read the first time 
MAY 1, 2007 
Read the second time and placed on the calendar 
AN ACT 
To improve the access to capital programs of the Small 
Business Administration, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Small Business Lending Improvements Act of 2007’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—7(A) PROGRAM 
Sec. 101. Authority for fee contributions. 
Sec. 102. Rural Lending Outreach Program. 
Sec. 103. Community Express program made permanent. 
Sec. 104. Medical Professionals in Designated Shortage Areas Program. 
Sec. 105. Increased Veteran Participation Program. 
Sec. 106. Alternative size standard. 
Sec. 107. Support to regional offices. 
TITLE II—CERTIFIED DEVELOPMENT COMPANY ECONOMIC 
DEVELOPMENT LOAN PROGRAM 
Sec. 201. Certified Development Company Economic Development Loan Pro-
gram. 
Sec. 202. Definitions. 
Sec. 203. Eligibility of development companies to be designated as certified de-
velopment companies. 
Sec. 204. Definition of rural areas. 
Sec. 205. Businesses in low-income areas. 
Sec. 206. Combinations of certain goals. 
Sec. 207. Refinancing. 
Sec. 208. Additional equity injections. 
Sec. 209. Loan liquidations. 
Sec. 210. Closing costs. 
Sec. 211. Maximum Certified Development Company and 7(a) loan eligibility. 
Sec. 212. Eligibility for energy efficiency projects. 
Sec. 213. Loans for plant projects used for energy-efficient purposes. 
Sec. 214. Extension of period during which loss reserves of premier certified 
lenders determined on the basis of outstanding balance of de-
bentures. 
Sec. 215. Extension of alternative loss reserve pilot program for certain premier 
certified lenders. 
TITLE I—7(A) PROGRAM 
SEC. 101. AUTHORITY FOR FEE CONTRIBUTIONS. 
Section 7(a) of the Small Business Act (15 U.S.C. 
636(a)) is amended— 
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(1) in paragraph (18)(A) by striking ‘‘shall col-
lect’’ and inserting ‘‘shall assess and collect’’; 
(2) in paragraph (18) by adding at the end the 
following: 
‘‘(C) OFFSET.—The Administrator may, 
as provided in paragraph (32), offset fees as-
sessed and collected under subparagraph (A).’’; 
(3) in paragraph (23) by striking subparagraph 
(C) and adding at the end the following: 
‘‘(C) OFFSET.—The Administrator may, 
as provided in paragraph (32), offset fees as-
sessed and collected under subparagraph (A).’’; 
and 
(4) by adding at the end the following: 
‘‘(32) FEE CONTRIBUTIONS.— 
‘‘(A) IN
GENERAL.—To the extent that 
amounts are made available to the Adminis-
trator for the purpose of fee contributions, the 
Administrator shall— 
‘‘(i) first consider contributing to fees 
paid by small business borrowers under 
clauses (i) through (iii) of paragraph 
(18)(A), to the maximum extent possible; 
and 
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‘‘(ii) then consider contributing to fees 
paid by small business lenders under para-
graph (23)(A). 
‘‘(B) 
QUARTERLY
ADJUSTMENT.—Each 
fee contribution under subparagraph (A) shall 
be effective for one fiscal quarter and shall be 
adjusted as necessary for each fiscal quarter 
thereafter to ensure that the amounts under 
subparagraph (A) are fully used. The fee con-
tribution for a fiscal quarter shall be based on 
the loans that the Administrator projects will be 
made during that fiscal quarter, given the pro-
gram level authorized by law for that fiscal year 
and any other factors that the Administrator 
considers appropriate.’’. 
SEC. 102. RURAL LENDING OUTREACH PROGRAM. 
Section 7(a) of the Small Business Act (15 U.S.C. 
636(a)) is amended— 
(1) by striking paragraph (25)(C); and 
(2) by adding at the end the following: 
‘‘(33) RURAL LENDING OUTREACH PROGRAM.— 
The Administrator shall carry out a rural lending 
outreach program to provide up to an 85 percent 
guaranty for loans of $250,000 or less. The program 
shall be carried out only through lenders located in 
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