†
1133
HR 1585 PP
DIVISION D—VETERAN SMALL
BUSINESSES
SEC. 4001. SHORT TITLE.
This division may be cited as the ‘‘Military Reservist
and Veteran Small Business Reauthorization and Oppor-
tunity Act of 2007’’.
SEC. 4002. DEFINITIONS.
In this division—
(1) the term ‘‘activated’’ means receiving an
order placing a Reservist on active duty;
(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 described
in section 10101 of title 10, United States Code;
(5) the term ‘‘Service Corps of Retired Execu-
tives’’ means the Service Corps of Retired Executives
authorized by section 8(b)(1) of the Small Business
Act (15 U.S.C. 637(b)(1));
†
1134
HR 1585 PP
(6) the terms ‘‘service-disabled veteran’’ and
‘‘small business concern’’ have the meaning as in sec-
tion 3 of the Small Business Act (15 U.S.C. 632);
(7) the term ‘‘small business development center’’
means a small business development center described
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).
TITLE XLI—VETERANS BUSINESS
DEVELOPMENT
SEC. 4101. 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 expended—
(1) $2,100,000 for fiscal year 2008;
(2) $2,300,000 for fiscal year 2009; and
(3) $2,500,000 for fiscal year 2010.
(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).
†
1135
HR 1585 PP
(c) SENSE OF CONGRESS.—It is the sense of Congress
that any amounts provided pursuant to this section that
are in excess of amounts provided to the Administration
for the Office of Veterans Business Development in fiscal
year 2007, should be used to support Veterans Business Out-
reach Centers.
SEC. 4102. INTERAGENCY TASK FORCE.
Section 32 of the Small Business Act (15 U.S.C. 657b)
is amended by adding at the end the following:
‘‘(d) 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
increase capital and business development opportuni-
ties for, and increase the award of Federal con-
tracting and subcontracting opportunities to, small
business 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;
†
1136
HR 1585 PP
‘‘(B) a 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;
‘‘(v) the Department of the Treasury;
‘‘(vi) the General Services Administra-
tion; and
‘‘(vii) the Office of Management and
Budget; and
‘‘(C) 4 representatives from a veterans serv-
ice organization or military organization or as-
sociation, selected by the President.
‘‘(3) DUTIES.—The task force shall coordinate
administrative and regulatory activities and develop
proposals relating to—
‘‘(A) increasing capital access and capacity
of small business concerns owned and controlled
by service-disabled veterans and small business
concerns owned and controlled by veterans
through loans, surety bonding, and franchising;
‘‘(B) increasing access to Federal con-
tracting and subcontracting for small business