Page:United States Statutes at Large Volume 104 Part 4.djvu/502

 104 STAT. 2818 PUBLIC LAW 101-574—NOV. 15, 1990 "(3) There are authorized to be transferred from the disaster loan revolving fund such sums as may be necessary and appropriate for administrative expenses of the Administration.". TITLE II—AMENDMENTS TO THE SMALL BUSINESS ACT AND RELATED ACTS PART A—SMALL BUSINESS ACT SEC. 201. SMALL BUSINESS DEVELOPMENT CENTERS. (a) FUNDING FORMULAS. — (1) IN GENERAL.— Section 21 of the Small Business Act (15 U.S.C. 648) is amended by striking the second proviso in subsection (a)(4) and inserting the following: ^'Provided further. That no recipient of funds under this section shall receive a grant which would exceed its pro rata share of a $70,000,000 program based upon the population to be served by the Small Business Development Center as compared to the total population of the United States, plus $100,000 for each State, but no State shall receive less than $200,000."; 15 USC 648 note. (2) EFFECTIVE DATE.—The amendment made by paragraph (1) shall apply to contracts, grants, or cooperative agreements for performance commencing on or after October 1, 1991. Contracts, grants, or cooperative agreements the performance of which commences before October 1, 1991, shall receive funding for the entire term of performance without regard to the amendment made by paragraph (1) and according to the State's pro rata share of a $65,000,000 program as computed on the effective date of this section under population estimates used for calendar year 1990 agreements, plus $50,000 for each State, but no State shall receive less than $200,000. Repeal. (b) SMALL BUSINESS DEVELOPMENT CENTER AcT. — Section 204 of the Small Business Development Center Act of 1980 (Public Law 15 USC 648 note. 96-302) is hereby repealed. SEC. 202. EXPORT REVOLVING LINE OF CREDIT. Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended— (1) by striking "for pre-export" in paragraph (14)(A), and (2) by striking "18 months" and inserting "3 years" in paragraph (14)(A). 15 USC 637 note. SEC. 203. TWO-YEAR RULE FOR ELIGIBILITY IN THE MINORITY SMALL BUSINESS AND CAPITAL OWNERSHIP DEVELOPMENT PRO- GRAM. (a) IN GENERAL.—The Small Business Administration may prescribe a minimum period of time during which a prospective Program Participant must be in operation in order to meet the eligibility requirements of section 8(a)(7)(A) of the Small Business Act (15 U.S.C. 637(a)(7)(A)), only if the Administration provides a waiver of such minimum period as set forth in subsection (b). (b) WAIVER OF MINIMUM PERIOD OF OPERATION.— (1) The Administration shall provide that any requirement it establishes regarding the period of time a prospective Program Participant must be in operation may be waived and, a prospective Program Participant, who otherwise meets the requirements of section 8(a)(7)(A) of the

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