Business Investment Act of 1958, including sal-
aries and expenses of the Administration. 
‘‘(B) Notwithstanding any other provision 
of this paragraph, for fiscal year 2007— 
‘‘(i) no funds are authorized to be 
used as loan capital for the loan program 
authorized by section 7(a)(21) except by 
transfer from another Federal department 
or agency to the Administration, unless the 
program level authorized for general busi-
ness loans under paragraph (1)(B)(i) is 
fully funded; and 
‘‘(ii) the Administration may not ap-
prove loans on its own behalf or on behalf 
of any other Federal department or agen-
cy, by contract or otherwise, under terms 
and conditions other than those specifically 
authorized under this Act or the Small 
Business Investment Act of 1958, except 
that it may approve loans under section 
7(a)(21) of this Act in gross amounts of 
not more than $2,000,000. 
‘‘(g) FISCAL YEAR 2008.— 
‘‘(1) PROGRAM
LEVELS.—The following pro-
gram levels are authorized for fiscal year 2008: 
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‘‘(A) For the programs authorized by this 
Act, the Administrator 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 section 7(m). 
‘‘(B) For the programs authorized by this 
Act, the Administrator is authorized to make 
$29,050,000,000 in deferred participation loans 
and other financings. Of such sum, the Admin-
istrator is authorized to make— 
‘‘(i) $19,000,000,000 in general busi-
ness loans, as provided in section 7(a); 
‘‘(ii) $9,500,000,000 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) $500,000,000 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 
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1958, the Administrator is authorized to 
make— 
‘‘(i) $300,000,000 in purchases of 
participating securities; and 
‘‘(ii) $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 Administrator is authorized to 
enter 
into 
guarantees 
not 
to 
exceed 
$7,000,000,000, of which not more than 50 
percent may be in bonds approved pursuant to 
section 411(a)(3) of that Act. 
‘‘(E) The Administrator is authorized to 
make grants or enter into cooperative agree-
ments for a total amount of $8,000,000 for the 
Service Corps of Retired Executives program 
authorized by section 8(b)(1). 
‘‘(2) ADDITIONAL AUTHORIZATIONS.— 
‘‘(A) There are authorized to be appro-
priated to the Administrator for fiscal year 
2008 such sums as may be necessary to carry 
out the provisions of this Act not elsewhere pro-
vided for, including administrative expenses and 
necessary loan capital for disaster loans pursu-
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ant to section 7(b), and to carry out the Small 
Business Investment Act of 1958, including sal-
aries and expenses of the Administration. 
‘‘(B) Notwithstanding any other provision 
of this paragraph, for fiscal year 2008— 
‘‘(i) no funds are authorized to be 
used as loan capital for the loan program 
authorized by section 7(a)(21) except by 
transfer from another Federal department 
or agency to the Administration, unless the 
program level authorized for general busi-
ness loans under paragraph (1)(B)(i) is 
fully funded; and 
‘‘(ii) the Administrator may not ap-
prove loans on its own behalf or on behalf 
of any other Federal department or agen-
cy, by contract or otherwise, under terms 
and conditions other than those specifically 
authorized under this Act or the Small 
Business Investment Act of 1958, except 
that it may approve loans under section 
7(a)(21) of this Act in gross amounts of 
not more than $2,000,000. 
‘‘(h) FISCAL YEAR 2009.— 
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‘‘(1) PROGRAM
LEVELS.—The following pro-
gram levels are authorized for fiscal year 2009: 
‘‘(A) For the programs authorized by this 
Act, the Administrator 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 section 7(m). 
‘‘(B) For the programs authorized by this 
Act, the Administrator is authorized to make 
$31,050,000,000 in deferred participation loans 
and other financings. Of such sum, the Admin-
istrator is authorized to make— 
‘‘(i) $20,000,000,000 in general busi-
ness loans, as provided in section 7(a); 
‘‘(ii) $10,500,000,000 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) $500,000,000 in loans, as pro-
vided in section 7(a)(21); and 
‘‘(iv) $50,000,000 in loans, as pro-
vided in section 7(m). 
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‘‘(C) For the programs authorized by title 
III of the Small Business Investment Act of 
1958, the Administrator is authorized to 
make— 
‘‘(i) $300,000,000 in purchases of 
participating securities; and 
‘‘(ii) $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 Administrator is authorized to 
enter 
into 
guarantees 
not 
to 
exceed 
$7,500,000,000, of which not more than 50 
percent may be in bonds approved pursuant to 
section 411(a)(3) of that Act. 
‘‘(E) The Administrator is authorized to 
make grants or enter into cooperative agree-
ments for a total amount of $9,000,000 for the 
Service Corps of Retired Executives program 
authorized by section 8(b)(1). 
‘‘(2) ADDITIONAL AUTHORIZATIONS.— 
‘‘(A) There are authorized to be appro-
priated to the Administrator for fiscal year 
2009 such sums as may be necessary to carry 
out the provisions of this Act not elsewhere pro-
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vided for, including administrative expenses and 
necessary loan capital for disaster loans pursu-
ant to section 7(b), and to carry out the Small 
Business Investment Act of 1958, including sal-
aries and expenses of the Administration. 
‘‘(B) Notwithstanding any other provision 
of this paragraph, for fiscal year 2009— 
‘‘(i) no funds are authorized to be 
used as loan capital for the loan program 
authorized by section 7(a)(21) except by 
transfer from another Federal department 
or agency to the Administration, unless the 
program level authorized for general busi-
ness loans under paragraph (1)(B)(i) is 
fully funded; and 
‘‘(ii) the Administrator may not ap-
prove loans on its own behalf or on behalf 
of any other Federal department or agen-
cy, by contract or otherwise, under terms 
and conditions other than those specifically 
authorized under this Act or the Small 
Business Investment Act of 1958, except 
that it may approve loans under section 
7(a)(21) of this Act in gross amounts of 
not more than $2,000,000. 
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‘‘(i) FISCAL YEAR 2010.— 
‘‘(1) PROGRAM
LEVELS.—The following pro-
gram levels are authorized for fiscal year 2010: 
‘‘(A) For the programs authorized by this 
Act, the Administrator 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 section 7(m). 
‘‘(B) For the programs authorized by this 
Act, the Administrator is authorized to make 
$33,050,000,000 in deferred participation loans 
and other financings. Of such sum, the Admin-
istration is authorized to make— 
‘‘(i) $21,000,000,000 in general busi-
ness loans, as provided in section 7(a); 
‘‘(ii) $11,500,000,000 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) $500,000,000 in loans, as pro-
vided in section 7(a)(21); and 
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‘‘(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 Administrator is authorized to 
make— 
‘‘(i) $300,000,000 in purchases of 
participating securities; and 
‘‘(ii) $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 Administrator is authorized to 
enter 
into 
guarantees 
not 
to 
exceed 
$8,000,000,000, of which not more than 50 
percent may be in bonds approved pursuant to 
section 411(a)(3) of that Act. 
‘‘(E) The Administrator is authorized to 
make grants or enter into cooperative agree-
ments for a total amount of $10,000,000 for 
the Service Corps of Retired Executives pro-
gram authorized by section 8(b)(1). 
‘‘(2) ADDITIONAL AUTHORIZATIONS.— 
‘‘(A) There are authorized to be appro-
priated to the Administrator for fiscal year 
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2010 such sums as may be necessary to carry 
out the provisions of this Act not elsewhere pro-
vided for, including administrative expenses and 
necessary loan capital for disaster loans pursu-
ant to section 7(b), and to carry out the Small 
Business Investment Act of 1958, including sal-
aries and expenses of the Administration. 
‘‘(B) Notwithstanding any other provision 
of this paragraph, for fiscal year 2010— 
‘‘(i) no funds are authorized to be 
used as loan capital for the loan program 
authorized by section 7(a)(21) except by 
transfer from another Federal department 
or agency to the Administration, unless the 
program level authorized for general busi-
ness loans under paragraph (1)(B)(i) is 
fully funded; and 
‘‘(ii) the Administrator may not ap-
prove loans on its own behalf or on behalf 
of any other Federal department or agen-
cy, by contract or otherwise, under terms 
and conditions other than those specifically 
authorized under this Act or the Small 
Business Investment Act of 1958, except 
that it may approve loans under section 
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7(a)(21) of this Act in gross amounts of 
not more than $2,000,000.’’. 
SEC. 102. REAUTHORIZATIONS FOR CERTAIN SMALL BUSI-
NESS ACT PROGRAMS. 
(a) SMALL BUSINESS DEVELOPMENT CENTER PRO-
GRAM.—Section 21 of the Small Business Act (15 U.S.C. 
648) is amended in subsection (a)(4)(C)(vii)— 
(1) in subclause (I) by striking ‘‘and’’ at the 
end; 
(2) in subclause (II) by striking the period at 
the end; and 
(3) by adding at the end the following: 
‘‘(III) $135,000,000 for fiscal 
year 2007; and 
‘‘(IV) $114,000,000 for each of 
fiscal years 2008 through 2010.’’. 
(b) DISASTER MITIGATION PILOT PROGRAM.— 
(1) IN GENERAL.—Section 7 of the Small Busi-
ness Act (15 U.S.C. 636) is amended in subsection 
(b)(1)(C) by striking ‘‘2000 through 2004’’ and in-
serting ‘‘2007 through 2010’’. 
(2) AUTHORIZATION
LEVELS.—Section 20 of 
the Small Business Act (15 U.S.C. 631 note) is 
amended in subsection (c) by striking the colon and 
all that follows through the period at the end and 
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inserting ‘‘: $15,000,000 for each of fiscal years 
2007 through 2010.’’. 
(c) 
MICROLOAN
PROGRAM
SUPPLEMENTAL 
GRANTS.—Section 7 of the Small Business Act (15 U.S.C. 
636) is amended in subsection (m)(4)(F)(ii) by striking 
‘‘not more than 20’’ and all that follows through the pe-
riod at the end and inserting ‘‘not more than 30 grantees 
in each of fiscal years 2007 through 2010, each of whom 
may receive a grant under this subparagraph in an 
amount not to exceed $150,000 per year.’’. 
(d) MICROLOAN PROGRAM DEFERRED PARTICIPA-
TION LOAN PILOT.—Section 7 of the Small Business Act 
(15 U.S.C. 636) is amended in subsection (m)(12) by 
striking ‘‘1998 through 2000’’ and inserting ‘‘2007 
through 2010’’. 
(e) BUSINESS GRANTS AND COOPERATIVE AGREE-
MENTS.—Section 8 of the Small Business Act (15 U.S.C. 
637) is amended in subsection (n)(3) by striking ‘‘2006’’ 
and inserting ‘‘2010’’. 
(f) PAUL D. COVERDELL DRUG-FREE WORKPLACE 
PROGRAM.—Section 27 of the Small Business Act (15 
U.S.C. 654) is amended in subsection (g), in each of para-
graphs (1), (2), and (3), by striking ‘‘2006’’ and inserting 
‘‘2010’’. 
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(g) WOMEN’S BUSINESS CENTER PROGRAM.—Sec-
tion 29 of the Small Business Act (15 U.S.C. 656) is 
amended— 
(1) in subsection (k)(1) by striking subpara-
graphs (A) through (D) and inserting the following: 
‘‘(A) $16,500,000 for fiscal year 2007; 
‘‘(B) $16,750,000 for fiscal year 2008; 
‘‘(C) $17,000,000 fiscal year 2009; and 
‘‘(D) $17,250,000 for fiscal year 2010.’’; 
(2) in subsection (k)(2)(B) by striking ‘‘over-
sight’’ and all that follows through the period at the 
end and inserting ‘‘oversight: 1.4 percent for each of 
fiscal years 2007 through 2010.’’; and 
(3) in subsection (k)(4)(A) by striking clauses 
(i) through (iv) and inserting the following: 
‘‘(i) For fiscal year 2007, 48 percent. 
‘‘(ii) For fiscal year 2008, 42 percent. 
‘‘(iii) For fiscal year 2009, 36 per-
cent. 
‘‘(iv) For fiscal year 2010, 30 per-
cent.’’. 
(h) HUBZONE PROGRAM.—Section 31 of the Small 
Business Act (15 U.S.C. 657a) is amended in subsection 
(d) by striking ‘‘2006’’ and inserting ‘‘2010’’. 
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(i) VETERANS PROGRAMS.—Section 32 of the Small 
Business Act (15 U.S.C. 657b) is amended in subsection 
(c) by striking ‘‘to carry out this section’’ and all that fol-
lows through the period at the end and inserting ‘‘to carry 
out this section $2,000,000 for each of fiscal years 2006 
through 2010.’’. 
(j) NATIONAL VETERANS BUSINESS DEVELOPMENT 
CORPORATION.—Section 33 of the Small Business Act (15 
U.S.C. 657c) is amended— 
(1) in subsection (k)(1), by striking subpara-
graphs (A) through (D) and inserting the following: 
‘‘(A) $1,500,000 for fiscal year 2007; 
‘‘(B) $1,000,000 for fiscal year 2008; and 
‘‘(C) $500,000 for fiscal year 2009.’’; and 
(2) in subsection (k)(2)(B) by striking ‘‘fiscal 
year 2003 or 2004’’ and inserting ‘‘any fiscal year 
after 2002’’. 
(k) FEDERAL AND STATE TECHNOLOGY PARTNER-
SHIP (FAST) PROGRAM.—Section 34 of the Small Busi-
ness Act (15 U.S.C. 657d) is amended— 
(1) in subsection (h)(1) by striking ‘‘2001 
through 2005’’ and inserting ‘‘2007 through 2010’’; 
and 
(2) in subsection (i) by striking ‘‘September 30, 
2005’’ and inserting ‘‘September 30, 2010’’. 
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