Page:United States Statutes at Large Volume 108 Part 5.djvu/712

 108 STAT. 4202 PUBLIC LAW 103-403—OCT. 22, 1994 "(ii) Following the close of each fiscal year, the Administration shall pay into the miscellaneous receipts of the United States Treasury the actual interest that the Administration collects during that fiscal year on all financings made under this Act.". SEC. 602. IMPOSITION OF FEES. Section 5(b) of the Small Business Act (15 U.S.C. 634(b)) is amended— (1) in paragraph (10), by striking "and" at the end; (2) in paragraph (11), by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following new paragraphs: "(12) impose, retain, and use only those fees which are specifically authorized by law or which are in effect on September 30, 1994, and in the amounts and at the rates in effect on such date, except that the Administrator may, subject to approval in appropriations Acts, impose, retain, and utilize, additional fees— "(A) not to exceed $100 for each loan servicing action (other than a loan assumption) requested after disbursement of the loan, including any substitution of collateral, release or substitution of a guarantor, reamortization, or similar action; "(B) not to exceed $300 for loan assumptions; "(C) not to exceed 1 percent of the amount of requested financings under title III of the Small Business Investment Act of 1958 for which the applicant requests a commitment from the Administration for funding during the following year; and . "(D) to recover the direct, incremental cost involved in the production and dissemination of compilations of information produced by the Administration under the authority of this Act and the Small Business Investment Act of 1958; and "(13) collect, retain and utilize, subject to approval in appropriations Acts, any amounts collected by fiscal transfer agents and not used by such agent as payment of the cost of loan pooling or debenture servicing operations, except that amounts collected under this paragraph and paragraph (12) shall be utilized solely to facilitate the administration of the program that generated the excess amounts.". SEC. 603. JOB CREATION AND COMMUNITY BENEFIT. Section 7(a)(21) of the Small Business Act (15 U.S.C. 636(a)(21)) is amended by adding at the end the following new subparagraph: "(E) JOB CREATION AND COMMUNITY BENEFIT.— In providing assistance under this paragraph, the Administration shall develop procedures to ensure, to the maximum extent practicable, that such assistance is used for projects that— "(i) have the greatest potential for— "(I) creating new jobs for individuals whose employment is involuntarily terminated due to reductions in Federal defense expenditures; or "(II) preventing the loss of jobs by employees of small business concerns described in subparagraph (A)(i); and

�