Page:United States Statutes at Large Volume 106 Part 2.djvu/108

 106 STAT. 988 PUBLIC LAW 102-366 —SEPT. 4, 1992 tors of the small business community or to specific geographic regions of the United States."; (2) by amending subsection (e)(2) to read as follows: "(2) For the programs authorized by this Act, the Administration is authorized to make $5,978,000,000 in deferred participation loans and other financing. Of such sum, the Administration is authorized to make— "(A) $5,200,000,000 in general business loans, as provided in section 7(a); "(B) $53,000,000 in loans, as provided in section 7(a)(12XB); and "(C) $725,000,000 in financings, as provided in section 7(a)(13) and section 504 of the Small Business Investment Act of 1958."; (3) amending subsection (g)(2) to read as follows: "(2) For the programs authorized by this Act, the Administration is authorized to make $7,030,000,000 in deferred participation loans and other financings. Of such sum, the Administration is authorized to make— "(A) $6,200,000,000 in general business loans as provided in section 7(a); "(B) $55,000,000 in loans, as provided in section 7(a)(12XB); and "(C) $775,000,000 in financings, as provided in section 7(a)(13) and section 504 of the Small Business Investment Act of 1958."; and (4) by amending subsection (i)(2) to read as follows: "(2) For the programs authorized by this Act, the Administration is authorized to make $8,083,000,000 in deferred participation loans and other financings. Of such sum, the Administration is authorized to make— "(A) $7,200,000,000 in general business loans, as provided in section 7(a); "(B) $58,000,000 in loans, as provided in section 7(a)(12XB); and "(C) $825,000,000 in financings, as provided in section 7(a)(13) and section 504 of the Small Business Investment Act of 1958.". 15 USC 631 note. SEC. 103. BUY AMERICAN PREFERENCE. In providing financial assistance with amounts appropriated pursuant to the amendments made by this Act, the Administrator of the Small Business Administration shall, when practicable, accord preference to small business concerns which use or purchase equipment and supplies produced in the United States. The Administrator shall also encourage small business concerns receiving such assistance to purchase such equipment and supplies. SEC. 104. STATE LIMITATIONS ON INTEREST RATES. Section 7(a)(4) of the Small Business Act (15 U.S.C. 636(a)(4)) is amended by striking "The rate of interest on financings made on a deferred basis shall be legal and reasonable but" and inserting the following: "Notwithstanding the provisions of the constitution of any State or the laws of any State limiting the rate or amount of interest which may be charged, taken, received, or reserved, the maximum legal rate of interest on any financing made on a deferred basis pursuant to this subsection".

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