In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Taxpayer Browsing Protection Act''.

SEC. 2. PENALTY FOR UNAUTHORIZED INSPECTION OF TAX RETURNS OR TAX 
              RETURN INFORMATION.

    (a) In General.--Part I of subchapter A of chapter 75 of the 
Internal Revenue Code of 1986 (relating to crimes, other offenses, and 
forfeitures) is amended by adding after section 7213 the following new 
section:

``SEC. 7213A. UNAUTHORIZED INSPECTION OF RETURNS OR RETURN INFORMATION.

    ``(a) Prohibitions.--
            ``(1) Federal employees and other persons.--It shall be 
        unlawful for--
                    ``(A) any officer or employee of the United States, 
                or
                    ``(B) any person described in section 6103(n) or an 
                officer or employee of any such person,
        willfully to inspect, except as authorized in this title, any 
        return or return information.
            ``(2) State and other employees.--It shall be unlawful for 
        any person (not described in paragraph (1)) willfully to 
        inspect, except as authorized in this title, any return or 
        return information acquired by such person or another person 
        under a provision of section 6103 referred to in section 
        7213(a)(2).
    ``(b) Penalty.--
            ``(1)  In general.--Any violation of subsection (a) shall 
        be punishable upon conviction by a fine in any amount not 
        exceeding $1,000, or imprisonment of not more than 1 year, or 
        both, together with the costs of prosecution.
            ``(2) Federal officers or employees.--An officer or 
        employee of the United States who is convicted of any violation 
        of subsection (a) shall, in addition to any other punishment, 
        be dismissed from office or discharged from employment.
    ``(c) Definitions.--For purposes of this section, the terms 
`inspect', `return', and `return information' have the respective 
meanings given such terms by section 6103(b).''.
    (b) Technical Amendments.--
            (1) Paragraph (2) of section 7213(a) of such Code is 
        amended by inserting ``(5),'' after ``(m)(2), (4),''.
            (2) The table of sections for part I of subchapter A of 
        chapter 75 of such Code is amended by inserting after the item 
        relating to section 7213 the following new item:

                              ``Sec. 7213A. Unauthorized inspection of 
                                        returns or return 
                                        information.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to violations occurring on and after the date of the enactment of 
this Act.

SEC. 3. CIVIL DAMAGES FOR UNAUTHORIZED INSPECTION OF RETURNS AND RETURN 
              INFORMATION; NOTIFICATION OF UNLAWFUL INSPECTION OR 
              DISCLOSURE.

    (a) Civil Damages for Unauthorized Inspection.--Subsection (a) of 
section 7431 of the Internal Revenue Code of 1986 is amended--
            (1) by striking ``Disclosure'' in the headings for 
        paragraphs (1) and (2) and inserting ``Inspection or 
        disclosure'', and
            (2) by striking ``discloses'' in paragraphs (1) and (2) and 
        inserting ``inspects or discloses''.
    (b) Notification of Unlawful Inspection or Disclosure.--Section 
7431 of such Code is amended by redesignating subsections (e) and (f) 
as subsections (f) and (g), respectively, and by inserting after 
subsection (d) the following new subsection:
    ``(e) Notification of Unlawful Inspection and Disclosure.--If any 
person is criminally charged by indictment or information with 
inspection or disclosure of a taxpayer's return or return information 
in violation of--
            ``(1) paragraph (1) or (2) of section 7213(a),
            ``(2) section 7213A(a), or
            ``(3) subparagraph (B) of section 1030(a)(2) of title 18, 
        United States Code,
the Secretary shall notify such taxpayer as soon as practicable of such 
inspection or disclosure.''.
    (c) No Damages for Inspection Requested by Taxpayer.--Subsection 
(b) of section 7431 of such Code is amended to read as follows:
    ``(b) Exceptions.--No liability shall arise under this section with 
respect to any inspection or disclosure--
            ``(1) which results from a good faith, but erroneous, 
        interpretation of section 6103, or
            ``(2) which is requested by the taxpayer.''.
    (d) Conforming Amendments.--
            (1) Subsections (c)(1)(A), (c)(1)(B)(i), and (d) of section 
        7431 of such Code are each amended by inserting ``inspection 
        or'' before ``disclosure''.
            (2) Clause (ii) of section 7431(c)(1)(B) of such Code is 
        amended by striking ``willful disclosure or a disclosure'' and 
        inserting ``willful inspection or disclosure or an inspection 
        or disclosure''.
            (3) Subsection (f) of section 7431 of such Code, as 
        redesignated by subsection (b), is amended to read as follows:
    ``(f) Definitions.--For purposes of this section, the terms 
`inspect', `inspection', `return', and `return information' have the 
respective meanings given such terms by section 6103(b).''.
            (4) The section heading for section 7431 of such Code is 
        amended by inserting ``inspection or'' before ``disclosure''.
            (5) The table of sections for subchapter B of chapter 76 of 
        such Code is amended by inserting ``inspection or'' before 
        ``disclosure'' in the item relating to section 7431.
            (6) Paragraph (2) of section 7431(g) of such Code, as 
        redesignated by subsection (b), is amended by striking ``any 
        use'' and inserting ``any inspection or use''.
    (e) Effective Date.--The amendments made by this section shall 
apply to inspections and disclosures occurring on and after the date of 
the enactment of this Act.

SEC. 4. NATIONAL FLOOD INSURANCE ACT OF 1968.

    (a) In General.--Section 1306(c)(1) of the National Flood Insurance 
Act of 1968 (42 U.S.C. 4013(c)(1)) is amended by striking ``30'' and 
inserting ``15''.
    (b) Effective Date.--The amendment made by subsection (a) shall be 
construed to have taken effect on January 1, 1997, and shall expire 
June 30, 1997.

            Passed the Senate April 15, 1997.

            Attest:

                                                    GARY SISCO,

                                                             Secretary.
Example Output: Taxpayer Browsing Protection Act - Amends the Internal Revenue Code to make it unlawful for Federal employees, State employees, or other specified persons to willfully inspect, except as authorized, any tax return or return information.  Provides for a monetary penalty, imprisonment, or both for violators.  (Current law imposes penalties only for the unlawful disclosure of such information.) 
Permits civil damages for the unauthorized inspection or disclosure (currently, only for the unauthorized disclosure) of tax returns and return information.  Requires the taxpayer to be notified as soon as practicable if any person is criminally charged by indictment with inspecting or disclosing the taxpayer's return or return information. 
Amends the National Flood Insurance Act of 1968 to reduce the waiting period for the effective date of policies for new flood insurance coverage, entered into after the date of enactment of the Riegle Community Development and Regulatory Improvement Act of 1994, from 30 to 15 days.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Future Farmers of America 
Commemorative Coin Act of 2009''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (1) the National Future Farmers of America Organization 
        makes a positive difference in the lives of students by 
        developing their potential for leadership, personal growth, and 
        career success through agricultural education;
            (2) the National Future Farmers of America Organization was 
        founded in 1928, as the ``Future Farmers of America'', to 
        provide leadership training for high school students of 
        vocational agriculture;
            (3) the National Future Farmers of America Organization 
        created a national agricultural education model for use in 
        public school systems that has been adopted by youth leadership 
        organizations throughout the world;
            (4) the National Future Farmers of America Organization 
        prepares its student members to think critically, work in 
        teams, and be successful in more than 300 careers relating to 
        the science, business, and technology of agriculture;
            (5) approximately 9,000,000 living former members of the 
        National Future Farmers of America Organization are prominent 
        industry executives, members of Congress, community members, 
        farmers, and productive United States citizens;
            (6) in 2009, the National Future Farmers of America 
        Organization had 507,763 members in more than 7,400 local 
        chapters in all 50 States, Puerto Rico, and the United States 
        Virgin Islands;
            (7) the Future Farmers of America was chartered by Congress 
        in 1950, and continues to be an intra-curricular educational 
        organization within public school systems throughout the United 
        States; and
            (8) October 2012 will mark the beginning of a year of 
        celebration in honor of the 85th anniversary of the founding of 
        the National Future Farmers of America Organization, which took 
        place at the first national convention of the National Future 
        Farmers of America Organization.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--In commemoration of the National Future Farmers 
of America Organization and the 85th anniversary of the National Future 
Farmers of America Organization, the Secretary of the Treasury (in this 
Act referred to as the ``Secretary'') shall mint and issue--
            (1) not more than 100,000 gold coins, which shall--
                    (A) weigh 8.359 grams;
                    (B) have a diameter of 0.850 inches; and
                    (C) contain 90 percent gold and 10 percent alloy; 
                and
            (2) not more than 500,000 silver coins, which shall--
                    (A) weigh 26.7 grams;
                    (B) have a diameter of 1.500 inches; and
                    (C) contain 90 percent silver and 10 percent 
                copper.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.

SEC. 4. DESIGN OF COINS.

    (a) Design Requirements.--
            (1) In general.--The design of the coins minted under this 
        Act shall be emblematic of the 85-year history of the National 
        Future Farmers of America Organization.
            (2) Designation and inscriptions.--On each coin minted 
        under this Act, there shall be--
                    (A) a designation of the value of the coin;
                    (B) inscriptions of the words ``Liberty'', ``In God 
                We Trust'', ``United States of America'', and ``E 
                Pluribus Unum''; and
                    (C) an inscription of the year 2012.
    (b) Selection.--The design for the coins minted under this Act 
shall be--
            (1) selected by the Secretary, after consultation with the 
        National Future Farmers of America Organization and the 
        Commission of Fine Arts; and
            (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Period of Issuance.--The Secretary may issue coins under this 
Act only for the 1-year period beginning on January 1, 2012.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins minted under this Act shall be sold by 
the Secretary at a price equal to the sum of--
            (1) the face value of the coins;
            (2) the surcharge provided in section 7 with respect to 
        such coins; and
            (3) the cost of designing and minting the coins (including 
        labor, materials, dies, use of machinery, overhead expenses, 
        marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
minted under this Act at a reasonable discount.
    (c) Prepaid Orders.--
            (1) In general.--The Secretary shall accept prepaid orders 
        for the coins minted under this Act before the issuance of such 
        coins.
            (2) Discount.--Sale prices with respect to prepaid orders 
        under paragraph (1) shall be at a reasonable discount.

SEC. 7. SURCHARGES.

    (a) In General.--All sales of coins minted under this Act shall 
include a surcharge of $25 per gold coin and $10 per silver coin.
    (b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, the Secretary shall pay all of the surcharges received by 
the Secretary from the sale of coins minted under this Act to the 
National Future Farmers of America Foundation in Indianapolis, Indiana, 
for the creation of an endowment to enhance and expand programs that 
encourage the development of leadership skills, personal growth, and 
career success through agricultural education and the Future Farmers of 
America.
    (c) Audits.--The Comptroller General of the United States is 
authorized to examine such books, records, documents, and other data of 
the organization described in subsection (b) as may be related to the 
expenditures of amounts paid under subsection (b).
Example Output: National Future Farmers of America Commemorative Coin Act of 2009 - Directs the Secretary of the Treasury to mint and issue gold and silver coins in commemoration of the National Future Farmers of America Organization and the 85th anniversary of such Organization.

Authorizes the issuance of coins under this Act only for a one year period, beginning on January 1, 2012.

Requires all sales of coins minted under this Act to include a surcharge of $25 per gold coin and $10 per silver coin.

Requires all of the surcharges received from the sale of such coins to be paid to the National Future Farmers of America Foundation in Indianapolis, Indiana, for the creation of an endowment to enhance and expand programs that encourage the development of leadership skills, personal growth, and career success through agricultural education and the Future Farmers of America.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Today's Entrepreneurs are America's 
Mentors Act'' or the ``TEAM Act''.

SEC. 2. DEFINITIONS.

    In this Act--
            (1) the terms ``Administration'' and ``Administrator'' mean 
        the Small Business Administration and the Administrator 
        thereof, respectively; and
            (2) the term ``small business concern'' has the meaning 
        given that term under section 3 of the Small Business Act (15 
        U.S.C. 632).

SEC. 3. OFFICE OF ENTREPRENEURIAL EDUCATION.

    (a) In General.--The Small Business Act (15 U.S.C. 631 et seq.) is 
amended--
            (1) by redesignating section 45 (15 U.S.C. 631 note) as 
        section 47; and
            (2) by inserting after section 44 (15 U.S.C. 657q) the 
        following:

``SEC. 45. ENTREPRENEURIAL EDUCATION.

    ``(a) Office of Entrepreneurial Education.--
            ``(1) In general.--There is in the Administration an Office 
        of Entrepreneurial Education, which shall develop and provide 
        innovative entrepreneurial information, education, and 
        resources, to promote prospective entrepreneurs and successful 
        small business concerns.
            ``(2) Director.--The head of the Office of Entrepreneurial 
        Education is the Director of the Office of Entrepreneurial 
        Education, who shall report to the Associate Administrator for 
        Entrepreneurial Development.
            ``(3) Duties.--The Director of the Office of 
        Entrepreneurial Education shall--
                    ``(A) manage the online courses, online 
                publications, and other online resources provided by 
                the Administration to entrepreneurs and small business 
                concerns;
                    ``(B) manage the youth entrepreneurship programs of 
                the Administration, including--
                            ``(i) online resources for youth 
                        entrepreneurs; and
                            ``(ii) coordination and outreach with 
                        entrepreneurial development service providers 
                        that provide counseling and training to youth 
                        entrepreneurs desiring to start or expand small 
                        business concerns;
                    ``(C) coordinate with nonprofit and other private 
                sector partners to share educational materials on money 
                management and financial literacy for entrepreneurs and 
                small business concerns; and
                    ``(D) provide assistance and courtesy services to 
                individuals and foreign dignitaries visiting the United 
                States who are interested in issues relating to 
                entrepreneurs and small business concerns.
    ``(b) National Primary and Secondary School Entrepreneurial 
Education Program.--
            ``(1) In general.--Not later than 1 year after the date of 
        enactment of the Today's Entrepreneurs are America's Mentors 
        Act, the Associate Administrator for Entrepreneurial 
        Development (referred to in this subsection as the `Associate 
        Administrator') shall establish a program under which the 
        Associate Administrator may make grants to nonprofit 
        organizations, including small business development centers, 
        women's business centers, chapters of the Service Corps of 
        Retired Executives, and other resource partners of the 
        Administration, to provide technical assistance to primary and 
        secondary schools for the development and implementation of 
        curricula and mentoring programs designed to promote 
        entrepreneurship.
            ``(2) Application.--A nonprofit organization desiring a 
        grant under this subsection shall submit to the Associate 
        Administrator an application that contains--
                    ``(A) a description of the goals of the project to 
                be funded using the grant;
                    ``(B) a list of any partners that plan to 
                participate in the project to be funded using the 
                grant; and
                    ``(C) any other information that the Associate 
                Administrator determines is necessary.
            ``(3) Report.--Not later than 1 year after the date on 
        which a nonprofit organization receives a grant under this 
        subsection, the nonprofit organization shall submit to the 
        Associate Administrator a report that describes--
                    ``(A) the individuals assisted using the grant;
                    ``(B) the number of jobs created or saved through 
                the use of the grant; and
                    ``(C) any other information concerning the use of 
                the grant that the Associate Administrator may require.
            ``(4) Authorization of appropriations.--There are 
        authorized to be appropriated to carry out this subsection 
        $3,000,000 for each of fiscal years 2013, 2014, and 2015.''.
    (b) Report on Best Practices of Entrepreneurial Education and 
Training Programs.--
            (1) Report required.--Not later than 180 days after the 
        date of enactment of this Act, the Director of the Office of 
        Entrepreneurial Education shall submit to the Committee on 
        Small Business and Entrepreneurship of the Senate and the 
        Committee on Small Business of the House of Representatives a 
        report that describes best practices of entrepreneurial 
        education and training programs throughout the United States.
            (2) Contents.--The report submitted under paragraph (1) 
        shall include--
                    (A) a description of any programs that the Director 
                of the Office of Entrepreneurial Education determines 
                are exemplary, including national programs, regional 
                programs, State programs, and local programs; and
                    (B) a summary of entrepreneurial education and 
                training programs carried out by--
                            (i) the Federal Government;
                            (ii) State and local governments; and
                            (iii) nonprofit organizations and private 
                        sector groups.

SEC. 4. UNIVERSITY AND COLLEGE ENTREPRENEURIAL EDUCATION PROGRAM.

    Section 21 of the Small Business Act (15 U.S.C. 648) is amended by 
adding at the end the following:
    ``(o) University and College Entrepreneurial Education Program.--
            ``(1) In general.--A small business development center may 
        apply for a grant under this subsection to carry out a 
        university and college entrepreneurial education program.
            ``(2) Elements of program.--A program carried out using a 
        grant under this subsection may include--
                    ``(A) connecting university and college students 
                with small business concerns that are clients of a 
                small business development center;
                    ``(B) providing assistance to faculty members of 
                universities and colleges with respect to 
                entrepreneurial education programs for students of the 
                universities and colleges; and
                    ``(C) improving university and college business 
                curricula or developing university and college 
                curricula concerning entrepreneurial education.
            ``(3) Funding.--The Administration may make grants under 
        this subsection subject to amounts provided in advance in 
        appropriations Acts.''.

SEC. 5. ENTREPRENEURIAL INNOVATORS PARTNERSHIP PROGRAM.

    The Small Business Act (15 U.S.C. 631 et seq.) is amended by 
inserting after section 45, as added by this Act, the following:

``SEC. 46. ENTREPRENEURIAL INNOVATORS PARTNERSHIP PROGRAM.

    ``(a) Definitions.--In this section--
            ``(1) the term `Associate Administrator' means the 
        Associate Administrator for Entrepreneurial Development; and
            ``(2) the term `eligible entity'--
                    ``(A) means a nonprofit organization; and
                    ``(B) includes a small business development center, 
                a women's business center, a chapter of the Service 
                Corps of Retired Executives, or any other nonprofit 
                resource partner of the Administration.
    ``(b) Program Established.--The Associate Administrator shall 
establish an entrepreneurial innovators partnership program under which 
the Associate Administrator shall make grants to eligible entities to 
carry out innovative programs that expand entrepreneurship, improve 
partnerships between nonprofit organizations and entrepreneurs, and 
promote job creation by small business concerns.
    ``(c) Program Activities.--A grant under this section may be used 
to develop or expand--
            ``(1) a program that promotes entrepreneurship among youth 
        or veterans;
            ``(2) a program under which students pursing a Masters of 
        Business Administration degree provide free technical 
        assistance, counseling, or other assistance to small business 
        concerns;
            ``(3) a program that provides entrepreneurial education to 
        professional services providers, including attorneys and 
        accountants; or
            ``(4) any other program that the Associate Administrator 
        determines is appropriate.
    ``(d) Terms and Conditions.--
            ``(1) Amount.--The amount of a grant under this section may 
        not exceed $250,000.
            ``(2) Federal share.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B), the Federal share of the cost of a 
                project carried out using a grant under this section 
                may not exceed 50 percent.
                    ``(B) Exception.--The Federal share of the cost of 
                a project carried out using a grant under this section 
                may exceed 50 percent if the Associate Administrator 
                determines that the project would--
                            ``(i) assist a program to become self-
                        sustaining; or
                            ``(ii) create not fewer than 100 new jobs.
    ``(e) Applications.--
            ``(1) Submission.--An eligible entity that desires a grant 
        under this section shall submit an application to the Associate 
        Administrator at such time and in such form as the Associate 
        Administrator shall determine.
            ``(2) Priority.--In awarding grants the Associate 
        Administrator shall give priority to an application that--
                    ``(A) includes a proposal for an innovative or 
                novel approach to entrepreneurial education;
                    ``(B) is made by an eligible entity with 
                demonstrated success in--
                            ``(i) creating jobs;
                            ``(ii) increasing the size of small 
                        business concerns; or
                            ``(iii) working with small business 
                        concerns; or
                    ``(C) includes a proposal for a program to be 
                carried out through a partnership between nonprofit 
                organizations, resource partners of the Administration, 
                and educational institutions.
    ``(f) Authorization of Appropriations.--There are authorized to be 
appropriated to carry out this section $3,000,000 for each of fiscal 
years 2013, 2014, and 2015.''.

SEC. 6. REGIONAL ENTREPRENEURIAL COMPETITIONS.

    (a) In General.--The Administrator, acting through the Associate 
Administrator for Field Operations, shall establish a program to host 
regional competitions and a national conference to address regional 
challenges through entrepreneurial research and business planning.
    (b) Program Requirements.--
            (1) Regional offices.--The regional administrator of each 
        regional office of the Administration shall--
                    (A) identify a prominent public-private issue that 
                challenges a broad range of individuals in the region;
                    (B) sponsor a single regional competition among 
                local small business concerns, inventors, and 
                entrepreneurs under which persons or groups of persons 
                submit research and business plans to address the issue 
                identified under subparagraph (A);
                    (C) provide outreach to universities, colleges, 
                business communities, industry leaders and 
                organizations, and nonprofit organizations to promote 
                the competition and to request proposals for research 
                and business plans;
                    (D) in coordination with the Director of the Office 
                of Entrepreneurship Education, select the 3 research or 
                business plans that best address the issue identified 
                under subparagraph (A); and
                    (E) submit to the Administrator a report that 
                contains the research or business plans selected under 
                subparagraph (D).
            (2) Conference.--
                    (A) In general.--The Administrator, acting through 
                the Associate Administrator for Field Operations, shall 
                organize a single national conference for the 
                presentation of the research and business plans 
                selected under paragraph (1)(D) by the regional 
                administrators.
                    (B) Panel.--
                            (i) In general.--The Administrator shall 
                        designate 11 employees of the Administration to 
                        serve on a panel that shall select, from among 
                        the research and business plans presented at 
                        the conference, 1 plan from each region that 
                        best addresses the issue identified under 
                        paragraph (1)(A) for that region.
                            (ii) Members.--The Administrator shall 
                        designate as a member of the panel under clause 
                        (i)--
                                    (I) 1 employee of the principal 
                                office of the Administration; and
                                    (II) 1 employee from each of the 
                                regional offices of the Administration.
            (3) Grant.--
                    (A) In general.--The Administrator shall award a 
                grant of $50,000 to each person or group of persons who 
                submitted a plan selected under paragraph (2)(B).
                    (B) Report.--Not later than 1 year after the date 
                on which the Administrator awards a grant under 
                subparagraph (A), the recipient of the grant shall 
                submit to the Administrator a report on the use of the 
                grant.
            (4) Authorization of appropriations.--There are authorized 
        to be appropriated to the Administrator $750,000 to carry out 
        this section.

SEC. 7. STUDY ON ENTREPRENEURIAL DEFERMENT OF STUDENT LOANS.

    Not later than 180 days after the date of enactment of this Act, 
the Administrator, in consultation with the Secretary of Education, 
shall submit to Congress a report that includes detailed 
recommendations for legislation establishing a program--
            (1) to forgive student loans in a manner that assists youth 
        entrepreneurship by making available capital for business 
        formation; and
            (2) to defer student loan repayments in a manner that 
        assists youth entrepreneurship by making available capital for 
        business formation.
Example Output:
Today's Entrepreneurs are America's Mentors Act or TEAM Act - Amends the Small Business Act to establish in the Small Business Administration (SBA) an Office of Entrepreneurial Education, headed by a Director, to develop and provide innovative entrepreneurial information, education, and resources to promote prospective entrepreneurs and successful small businesses. Directs the SBA's Associate Administrator for Entrepreneurial Development to establish a program of grants to nonprofit organizations to provide technical assistance to primary and secondary schools for the development and implementation of curricula and mentoring programs designed to promote entrepreneurship. Requires the Director to submit to the congressional small business committees best practices of U.S. entrepreneurial education and training programs.

Authorizes a small business development center to apply for an SBA grant to carry out a university and college entrepreneurial education program.

Directs the SBA's Associate Administrator for Entrepreneurial Development to establish an entrepreneurial innovators partnership program of grants to nonprofit organizations and specified SBA entities to carry out innovative programs that expand entrepreneurship, improve partnerships between nonprofit organizations and entrepreneurs, and promote job creation by small businesses.

Directs the Administrator to establish a program to host regional competitions and a national conference to address regional challenges through entrepreneurial research and business planning.

Requires the Administrator to recommend to Congress legislation for establishing programs to forgive or defer student loan payments in order to assist youth entrepreneurship by making capital available for business formation.