Page:United States Statutes at Large Volume 107 Part 1.djvu/806

 107 STAT. 780 PUBLIC LAW 103-81—AUG. 13, 1993 Public Law 103-81 103d Congress Aug. 13, 1993 [S. 1274] Small Business Guaranteed Credit Enhance ment Act of 1993. 15 USC 631 note. An Act To reduce the subsidy cost for the Guaranteed Business Loan Program of the Small Business Administration, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE. —This Act may be cited as the "Small Business Guaranteed Credit Enhancement Act of 1993". (b) TABLE OF CONTENTS.— The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. General authorizations. Sec. 3. Authority to impose secondary market fees. Sec. 4. Penalties. Sec. 5. Authority to reduce loan guarantee percentages. Sec. 6. Study and report. Sec. 7. Repealer. Sec. 8. Microloan program amendments. Sec. 9. Small Business Development Center Program. Sec. 10. White House Conference on Small Business. Sec. 11. National Women's Business Council. SEC. 2. GENERAL AUTHORIZATIONS. Section 20 of the Small Business Act (15 U.S.C. 631 note) is amended— (1) in subsection (g)(2) by striking "$7,030,000,000" and by inserting in lieu thereof "$7,155,000,000"; (2) in subsection (g)(2) by striking "$775,000,000" and by inserting in lieu thereof "$900,000,000 "; (3) in subsection (i)(2) by striking "$8,083,000,000" and by inserting in lieu thereof "$8,458,000,000"; and (4) in subsection (i)(2) by striking "$825,000,000" and by inserting in lieu thereof "$1,200,000,000". SEC. 3. AUTHORITY TO IMPOSE SECONDARY MARKET FEES. (a) ADDITIONAL GUARANTEE FEES. —Section 5(g) of the Small Business Act (15 U.S.C. 634) is amended by striking paragraph (4) and by inserting in lieu thereof the following: "(4)(A) The Administration may collect the following fees for loan guarantees sold into the secondary market pursuant to the provisions of subsection (f): an amount equal to (A)

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