A bill to authorize the Administrator of the Small Business Administration to waive the non-Federal share requirement under certain programs.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Small Business Community Partner 
Relief Act of 2010''.

SEC. 2. MATCHING REQUIREMENTS UNDER SMALL BUSINESS PROGRAMS.

    (a) Microloan Program.--Section 7(m) of the Small Business Act (15 
U.S.C. 636(m)) is amended--
            (1) in paragraph (3)(B)--
                    (A) by striking ``As a condition'' and inserting 
                the following:
                            ``(i) In general.--Subject to clause (ii), 
                        as a condition'';
                    (B) by striking ``the Administration'' and 
                inserting ``the Administrator''; and
                    (C) by adding at the end the following:
                            ``(ii) Waiver of non-federal share.--
                                    ``(I) In general.--Upon request by 
                                an intermediary, and in accordance with 
                                this clause, the Administrator may 
                                waive, in whole or in part, the 
                                requirement to obtain non-Federal funds 
                                under clause (i) for a fiscal year. The 
                                Administrator may not waive the 
                                requirement for an intermediary to 
                                obtain non-Federal funds under this 
                                clause for more than a total of 2 
                                fiscal years.
                                    ``(II) Considerations.--In 
                                determining whether to waive the 
                                requirement to obtain non-Federal funds 
                                under this clause, the Administrator 
                                shall consider--
                                            ``(aa) the economic 
                                        conditions affecting the 
                                        intermediary;
                                            ``(bb) the impact a waiver 
                                        under this clause would have on 
                                        the credibility of the 
                                        microloan program under this 
                                        subsection;
                                            ``(cc) the demonstrated 
                                        ability of the intermediary to 
                                        raise non-Federal funds; and
                                            ``(dd) the performance of 
                                        the intermediary.
                                    ``(III) Limitation.--The 
                                Administrator may not waive the 
                                requirement to obtain non-Federal funds 
                                under this clause if granting the 
                                waiver would undermine the credibility 
                                of the microloan program under this 
                                subsection.''; and
            (2) in paragraph (4)(B)--
                    (A) by striking ``As a condition'' and all that 
                follows through ``the Administration shall require'' 
                and inserting the following:
                            ``(i) In general.--Subject to clause (ii), 
                        as a condition of a grant made under 
                        subparagraph (A), the Administrator shall 
                        require''; and
                    (B) by adding at the end the following:
                            ``(ii) Waiver of non-federal share.--
                                    ``(I) In general.--Upon request by 
                                an intermediary, and in accordance with 
                                this clause, the Administrator may 
                                waive, in whole or in part, the 
                                requirement to obtain non-Federal funds 
                                under clause (i) for a fiscal year. The 
                                Administrator may not waive the 
                                requirement for an intermediary to 
                                obtain non-Federal funds under this 
                                clause for more than a total of 2 
                                fiscal years.
                                    ``(II) Considerations.--In 
                                determining whether to waive the 
                                requirement to obtain non-Federal funds 
                                under this clause, the Administrator 
                                shall consider--
                                            ``(aa) the economic 
                                        conditions affecting the 
                                        intermediary;
                                            ``(bb) the impact a waiver 
                                        under this clause would have on 
                                        the credibility of the 
                                        microloan program under this 
                                        subsection;
                                            ``(cc) the demonstrated 
                                        ability of the intermediary to 
                                        raise non-Federal funds; and
                                            ``(dd) the performance of 
                                        the intermediary.
                                    ``(III) Limitation.--The 
                                Administrator may not waive the 
                                requirement to obtain non-Federal funds 
                                under this clause if granting the 
                                waiver would undermine the credibility 
                                of the microloan program under this 
                                subsection.''.
    (b) Women's Business Center Program.--Section 29(c) of the Small 
Business Act (15 U.S.C. 656(c)) is amended--
            (1) in paragraph (1), by striking ``As a condition'' and 
        inserting ``Subject to paragraph (5), as a condition''; and
            (2) by adding at the end the following:
            ``(5) Waiver of non-federal share relating to technical 
        assistance and counseling.--
                    ``(A) In general.--Upon request by a recipient 
                organization, and in accordance with this paragraph, 
                the Administrator may waive, in whole or in part, the 
                requirement to obtain non-Federal funds under this 
                subsection for the technical assistance and counseling 
                activities of the recipient organization carried out 
                using financial assistance under this section for a 
                fiscal year. The Administrator may not waive the 
                requirement for a recipient organization to obtain non-
                Federal funds under this paragraph for more than a 
                total of 2 fiscal years.
                    ``(B) Considerations.--In determining whether to 
                waive the requirement to obtain non-Federal funds under 
                this paragraph, the Administrator shall consider--
                            ``(i) the economic conditions affecting the 
                        recipient organization;
                            ``(ii) the impact a waiver under this 
                        clause would have on the credibility of the 
                        women's business center program under this 
                        section;
                            ``(iii) the demonstrated ability of the 
                        recipient organization to raise non-Federal 
                        funds; and
                            ``(iv) the performance of the recipient 
                        organization.
                    ``(C) Limitation.--The Administrator may not waive 
                the requirement to obtain non-Federal funds under this 
                paragraph if granting the waiver would undermine the 
                credibility of the women's business center program 
                under this section.''.

Summary: Small Business Community Partner Relief Act of 2010 - Amends the Small Business Act relating to the Microloan program (loans to intermediaries to provide small-scale loans to startup, newly-established, and growing small businesses) to authorize the Administrator of the Small Business Administration (SBA), at the request of a loan intermediary, to waive the requirement that the intermediary obtain a percentage of the loan amount in cash or in-kind contributions from non-federal sources. Allows such waiver for up to two years. Provides conditions to be considered by the Administrator in determining whether to exercise such waiver, including economic conditions affecting the intermediary as well as the impact the waiver would have on the program.

Provides an identical waiver, with the same conditions, with respect to: (1) grants made to intermediaries for small business marketing, management, and technical assistance; and (2) the SBA's women's business center program.