•HRES 921 ATH 
In lieu of the matter proposed to be inserted by 
the amendment of the Senate, insert the following: 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Military Reservist and 
Veteran Small Business Reauthorization and Opportunity 
Act of 2008’’. 
SEC. 2. TABLE OF CONTENTS. 
The table of contents for this Act is as follows: 
Sec. 1. Short title. 
Sec. 2. Table of contents. 
Sec. 3. Definitions. 
TITLE I—VETERANS BUSINESS DEVELOPMENT 
Sec. 101. Increased funding for the Office of Veterans Business Development. 
Sec. 102. Interagency task force. 
Sec. 103. Permanent extension of SBA Advisory Committee on Veterans Busi-
ness Affairs. 
Sec. 104. Office of Veterans Business Development. 
Sec. 105. Increasing the number of outreach centers. 
Sec. 106. Independent study on gaps in availability of outreach centers. 
Sec. 107. Veterans assistance and services program. 
TITLE II—RESERVIST PROGRAMS 
Sec. 201. Reservist programs. 
Sec. 202. Reservist loans. 
Sec. 203. Noncollateralized loans. 
Sec. 204. Loan priority. 
Sec. 205. Relief from time limitations for veteran-owned small businesses. 
Sec. 206. Service-disabled veterans. 
Sec. 207. Study on options for promoting positive working relations between 
employers and their Reserve Component employees. 
Sec. 208. Increased Veteran Participation Program. 
SEC. 3. DEFINITIONS. 
In this Act— 
(1) the term ‘‘activated’’ means receiving an 
order placing a Reservist on active duty; 
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•HRES 921 ATH 
(2) the term ‘‘active duty’’ has the meaning 
given that term in section 101 of title 10, United 
States Code; 
(3) the terms ‘‘Administration’’ and ‘‘Adminis-
trator’’ mean the Small Business Administration 
and the Administrator thereof, respectively; 
(4) the term ‘‘Reservist’’ means a member of a 
reserve component of the Armed Forces, as de-
scribed in section 10101 of title 10, United States 
Code; 
(5) the term ‘‘Service Corps of Retired Execu-
tives’’ means the Service Corps of Retired Execu-
tives authorized by section 8(b)(1) of the Small 
Business Act (15 U.S.C. 637(b)(1)); 
(6) the terms ‘‘service-disabled veteran’’ and 
‘‘small business concern’’ have the meaning as in 
section 3 of the Small Business Act (15 U.S.C. 
632); 
(7) the term ‘‘small business development cen-
ter’’ means a small business development center de-
scribed in section 21 of the Small Business Act (15 
U.S.C. 648); and 
(8) the term ‘‘women’s business center’’ means 
a women’s business center described in section 29 of 
the Small Business Act (15 U.S.C. 656). 
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•HRES 921 ATH 
TITLE I—VETERANS BUSINESS 
DEVELOPMENT 
SEC. 101. INCREASED FUNDING FOR THE OFFICE OF VET-
ERANS BUSINESS DEVELOPMENT. 
(a) IN GENERAL.—There are authorized to be appro-
priated to the Office of Veterans Business Development 
of the Administration, to remain available until ex-
pended— 
(1) $2,100,000 for fiscal year 2008; and 
(2) $2,300,000 for fiscal year 2009. 
(b) FUNDING OFFSET.—Amounts necessary to carry 
out subsection (a) shall be offset and made available 
through the reduction of the authorization of funding 
under section 20(e)(1)(B)(iv) of the Small Business Act 
(15 U.S.C. 631 note). 
(c) SENSE OF CONGRESS.—It is the sense of Con-
gress that any amounts provided pursuant to this section 
that are in excess of amounts provided to the Administra-
tion for the Office of Veterans Business Development in 
fiscal year 2007, should be used to support Veterans Busi-
ness Outreach Centers. 
SEC. 102. INTERAGENCY TASK FORCE. 
Section 32 of the Small Business Act (15 U.S.C. 
657b) is amended— 
(1) by redesignating subsection (c) as (f); and 
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•HRES 921 ATH 
(2) by inserting after subsection (b) the fol-
lowing: 
‘‘(c) INTERAGENCY TASK FORCE.— 
‘‘(1) ESTABLISHMENT.—Not later than 90 days 
after the date of enactment of this subsection, the 
President shall establish an interagency task force to 
coordinate the efforts of Federal agencies necessary 
to improve capital and business development oppor-
tunities for, and ensure achievement of the pre-es-
tablished Federal contracting goals for, small busi-
ness concerns owned and controlled by service-dis-
abled veterans and small business concerns owned 
and controlled by veterans (in this section referred 
to as the ‘task force’). 
‘‘(2) MEMBERSHIP.—The members of the task 
force shall include— 
‘‘(A) the Administrator, who shall serve as 
chairperson of the task force; and 
‘‘(B) a senior level representative from— 
‘‘(i) the Department of Veterans Af-
fairs; 
‘‘(ii) the Department of Defense; 
‘‘(iii) the Administration (in addition 
to the Administrator); 
‘‘(iv) the Department of Labor; 
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•HRES 921 ATH 
‘‘(v) the Department of the Treasury; 
‘‘(vi) the General Services Administra-
tion; 
‘‘(vii) the Office of Management and 
Budget; and 
‘‘(viii) 4 representatives from a vet-
erans service organization or military orga-
nization or association, selected by the 
President. 
‘‘(3) DUTIES.—The task force shall— 
‘‘(A) consult regularly with veterans serv-
ice organizations and military organizations in 
performing the duties of the task force; and 
‘‘(B) coordinate administrative and regu-
latory activities and develop proposals relating 
to— 
‘‘(i) improving capital access and ca-
pacity of small business concerns owned 
and controlled by service-disabled veterans 
and small business concerns owned and 
controlled by veterans through loans, sur-
ety bonding, and franchising; 
‘‘(ii) ensuring achievement of the pre- 
established Federal contracting goals for 
small business concerns owned and con-
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•HRES 921 ATH 
trolled by service-disabled veterans and 
small business concerns owned and con-
trolled by veterans through expanded men-
tor-prote´ge´ assistance and matching such 
small business concerns with contracting 
opportunities; 
‘‘(iii) increasing the integrity of cer-
tifications of status as a small business 
concern owned and controlled by service- 
disabled veterans or a small business con-
cern owned and controlled by veterans; 
‘‘(iv) reducing paperwork and admin-
istrative burdens on veterans in accessing 
business development and entrepreneurship 
opportunities; 
‘‘(v) increasing and improving train-
ing and counseling services provided to 
small business concerns owned and con-
trolled by veterans; and 
‘‘(vi) making other improvements re-
lating to the support for veterans business 
development by the Federal Government.’’. 
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