Page:United States Statutes at Large Volume 100 Part 1.djvu/405

 PUBLIC LAW 99-272—APR. 7, 1986

100 STAT. 369

cally references section 8(d) for a definition of program 15 USC 637. eligibility, shall be punished by a fine of not more than $50,000 or by imprisonment for not more than five years, or both. "(e) Any representation of the status of any concern or person as a 'small business concern' or 'small business concern owned and controlled by socially and economically disadvantaged individuals' in order to obtain any prime contract or subcontract enumerated in subsection (d) of this section shall be in writing.". SEC. 18010. REPORT CONCERNING ALTERNATIVE SOURCES FOR LOAN GUARANTEES. Not later than June 30, 1986, the Administrator of the Small Business Administration shall submit to the Committees on Small Business of the Senate and the House of Representatives an internal report concerning— (1) the options available to provide a guarantee on loans under section 7(a) of the Small Business Act from sources 15 USC 636. outside the Federal Government, together with such recommendations as the Administrator may have with respect to such options, including an evaluation of the feasibility of establishing a corporation owned by the Federal Government to make such guarantees; and (2) the imposition, on each participating lender in the guaranteed loan program under section 7(a) of the Small Business Act, of an annual fee of between one-quarter of one percent and one percent of the value of the unpaid balance of any loan made under such program, particularly on the revenues that could be expected and whether such revenues could be used for a loss reserve fund or to defray the cost of administration of the program. SEC. 18011. USER FEES. (a) REPORT ON USER FEES.—Not later than September 30, 1986, the Small Business Administration shall submit to the Committees on Small Business of the Senate and the House of Representatives a report on user fees. The report shall specify for each fee which is currently being imposed or which is under consideration— (1) the type of service provided by the Administration for which the fee is or may be charged; (2) the amount of fee imposed or being considered; (3) the formula for setting the fee; and (4) the statutory or regulatory authority for the fee. Ob) REVIEW OF APPROPRIATENESS OF FEES.—The Administration shall review all other services provided by the Administration for which no fee is currently being imposed and include in the report its findings and recommendations as to— (1) whether or not a fee should be imposed for each service; and (2) whether statutory authority is needed to impose the fee. SEC. 18012. UTILIZATION OF PROGRAM AUTHORITY.

Section 20(a) of the Small Business Act is amended— 15 USC 631 note. (1) by inserting "(1)" after "SEC. 20. (a)"; and (2) by adding at the end thereof the following: "(2) Notwithstanding any other provision of law, the Adminis- Loans. tration shall enter into commitments for direct loans and to

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