Small Business Reauthorization and Improvements Act of 2006

Bill: 109-s-3778
Sponsor: Sen. Snowe, Olympia J. [R-ME]
Introduced: 2006-08-02 in the Senate
Policy area: Commerce
Subjects: Accreditation (Education)
Administrative procedure
Administrative remedies
Agricultural credit
Agriculture and Food
Alternative energy sources
Armed Forces and National Security
Armed forces reserves
Auditing
Authorization
Biomass energy
Business insurance
Commercialization
Congress
Congressional investigations
Congressional reporting requirements
Corporation directors
Credit unions
Crime and Law Enforcement
Depressed areas
Disabled
Disaster loans
Economics and Public Finance
Education
Emergency Management
Employee health benefits
Employee training
Energy
Energy efficiency
Energy prices
Entrepreneurs
Executive reorganization
Federal advisory bodies
Federal aid to education
Federal employees
Federally-guaranteed loans
Fees
Finance and Financial Sector
Foreign Trade and International Finance
Foreign trade promotion
Fraud
Geothermal resources
Government Operations and Politics
Government contractors
Government lending
Government paperwork
Government procurement
Government regulation
Governmental investigations
Grants-in-aid
Health
Health insurance
Heating
Higher education
Housing and Community Development
Hurricane aftermath legislation
Hurricanes
Hydrogen
Indian economic development
Intellectual property
Labor and Employment
Law
Minorities
Minority business enterprises
National Guard
Natural gas
Ombudsman
Petroleum
Propane
Prosecution
Rural economic development
Science, Technology, Communications
Small Business Administration
Small business
Solar energy
Standards
Subcontractors
Suburbs
Surety and fidelity
Technological innovations
Trade secrets
Urban affairs
Venture capital
Veterans' employment
Wind power
Women
Women in business

Summary:
action_date: 2006-08-02
text: 
Small Business Reauthorization and Improvements Act of 2006 - Amends the Small Business Act (the Act) to reauthorize for FY2007-FY2009 certain small business assistance programs of the Small Business Administration (SBA), including a predisaster mitigation program and grants to microloan program intermediaries and technical assistance providers. Makes permanent the Small Business Innovation Research Program. Extends through FY2009 various loan programs for small businesses under the Act and the Small Business Investment Act of 1958, including: (1) general section 7(a) start-up and equity loans; (2) the microloan program; (3) certified development company financing; (4) the Service Corps of Retired Executives program; (5) disaster loan programs; and (6) the new markets venture capital program.
 
Establishes: (1) the National Preferred Lenders Program; and (2) an Office of Minority Small Business Development.
 
Authorizes: (1) the SBA Administrator to guarantee participating debentures issued by a licensed company to interim small business funding providers; (2) various development company loan programs, to be known collectively as the local development business loan program; (3) the Administrator to guarantee loans made by private lenders to small businesses located in disaster areas, including loans for disaster relief and reconstruction; (4) funding for veterans' and reservists' small business loan programs; (5) energy loans for small businesses; and (6) assistance for women-owned small businesses.
 
Increases funding under the Small Business Innovation Research and Small Business Technology Transfer programs. Provides technical and financial assistance for small business innovation.
 
Native American Small Business Development Act of 2006 - Establishes a Native American small business development program and related pilot programs.
 
National Small Business Regulatory Assistance Act of 2006 - Establishes a pilot program to assist small businesses in complying with federal and state regulatory requirements.
 
Small Business Intermediary Lending Pilot Program Act of 2006 - Establishes a small business intermediary lending pilot program.
 
Establishes a: (1) pilot program for the development of peer learning opportunities for second-stage (high-growth) small businesses; (2) microenterprise technical assistance and capacity building grant program; and (3) minority entrepreneurship and innovation pilot program.


Legislative actions:
action_date: 2006-11-16
text: By Senator Snowe from Committee on Small Business and Entrepreneurship filed written report. Report No. 109-361.
action_date: 2006-11-16
text: By Senator Snowe from Committee on Small Business and Entrepreneurship filed written report. Report No. 109-361.
action_date: 2006-08-08
text: Star Print ordered on the bill as reported.
action_date: 2006-08-02
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 577.
action_date: 2006-08-02
text: Committee on Small Business and Entrepreneurship. Original measure reported to Senate by Senator Snowe. Without written report.
action_date: 2006-08-02
text: Committee on Small Business and Entrepreneurship. Original measure reported to Senate by Senator Snowe. Without written report.
action_date: 2006-08-02
text: Sponsor introductory remarks on measure. (CR S8626-8627)
action_date: 2006-08-02
text: Introduced in Senate
action_date: 2006-07-27
text: Committee on Small Business and Entrepreneurship ordered to be reported an original measure.