Small Business Reauthorization Act of 2006

Bill: 109-hr-5352
Sponsor: Rep. Manzullo, Donald A. [R-IL-16]
Introduced: 2006-05-11 in the House
Policy area: Commerce
Subjects: Administrative fees
Administrative procedure
Agricultural cooperatives
Agriculture and Food
Alabama
Alaska
Alcoholism
Armed Forces and National Security
Authorization
Bank reserves
Bonds
Business education
Business ethics
Civil actions and liability
Conflict of interests
Congressional reporting requirements
Crime and Law Enforcement
Data banks
Depressed areas
Disaster loans
Drug abuse
Drug abuse prevention
Drug testing
Drugs and employment
Economics and Public Finance
Education
Electronic government information
Emergency Management
Entrepreneurs
Executive reorganization
Federally-guaranteed loans
Finance and Financial Sector
Fines (Penalties)
Foreclosure
Foreign Trade and International Finance
Franchises (Retail trade)
Fraud
Government Operations and Politics
Government downsizing
Government lending
Government paperwork
Government publicity
Grants-in-aid
Hawaiians
Housing and Community Development
Hurricane aftermath legislation
Hurricanes
Indian economic development
Indian lands
Indigenous peoples
Interest rates
Job creation
Labor and Employment
Law
Loan defaults
Louisiana
Minorities
Mississippi
Native Americans
Nonprofit organizations
Plant shutdowns
Research and development
Science, Technology, Communications
Securities
Settlement costs
Small Business Administration
Small business
Social Welfare
State government-Indian relations
Technical education
Technology transfer
Texas
Veterans' benefits
Veterans' employment
Vocational and technical education
Waste in government spending
Women
Women in business

Summary:
action_date: 2006-05-11
text: 
Small Business Reauthorization Act of 2006 - Amends the Small Business Act and the Small Business Investment Act of 1958 to reauthorize for FY2007-FY2010 various loan programs for small businesses guaranteed by the Small Business Administration (SBA), including: (1) general section 7(a) start-up and equity loans; (2) the small business development center (SBDC) program; (3) the disaster mitigation pilot project; (4) the microloan program; (5) the drug-free workplace program; (6) the women's business center program; (7) the HUBZone (heavily underutilized business zone) Program; (8) veterans programs; (9) the federal and state technology partnership program; (10) the new markets venture capital program; and (11) the pilot program for very small business concerns.
 
Certified Development Company Program Act - Requires certified development companies (CDCs) which elect not to apply for authority to foreclose and liquidate defaulted loans guaranteed by the SBA, or which the SBA Administrator determines to be ineligible for such authority, to contract with a qualified third party to perform such foreclosures and liquidation. Provides additional authorities for CDCs to aid small businesses, including additional equity, debt refinancing, and lowering of loan fees. Provides criteria under which state and local development companies may qualify as CDCs.
 
Small Business Lending Improvement Act - Authorizes the Administrator to establish a National Preferred Lenders Program. Increases maximum loan amounts for small businesses. Authorizes the Administrator to guarantee the payment of redemption price and prioritized payments on participating securities issued by small business investment companies providing equity capital to small businesses.
 
National Small Business Regulatory Assistance Act - Directs the Administrator to establish a program to provide regulatory compliance assistance to small businesses through SBDCs, the Association of Small Business Development Centers, and federal compliance partnership programs.
 
Vocational and Technical Entrepreneurship Development Act - Directs the Administrator to establish a program of grants to state SBDCs for the provision of technical assistance to secondary, vocational, or technical schools for the development and implementation of curricula designed to promote vocational and technical entrepreneurship.
 
Provides SBDC outreach, development, and small business enhancement assistance to Indian tribe members, Alaska Natives, and Native Hawaiians.
 
Second-Stage Small Business Development Act - Establishes a pilot program of grants for second-stage (high-growth) small businesses for the development of peer learning opportunities.
 
Establishes in the SBA the Associate Administrator for International Trade.


Legislative actions:
action_date: 2006-05-11
text: Referred to the House Committee on Small Business.
action_date: 2006-05-11
text: Introduced in House
action_date: 2006-05-11
text: Introduced in House