Page:United States Statutes at Large Volume 113 Part 1.djvu/270

 113 STAT. 246 PUBLIC LAW 106-50—AUG. 17, 1999 15 USC 636 note. Deadline. 15 USC 636 note. 15 USC 636 note. Applicability. "(D) Any loan or guarantee extended pursuant to this paragraph shall be made at the same interest rate as economic injury loans under paragraph (2). "(E) No loan may be made under this paragraph, either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis, if the total amount outstanding and committed to the borrower under this subsection would exceed $1,500,000, unless such applicant constitutes a major source of employment in its surrounding area, as determined by the Administration, in which case the Administration, in its discretion, may waive the $1,500,000 limitation. "(F) For purposes of assistance under this paragraph, no declaration of a disaster area shall be required.". (c) ENHANCED PUBLICITY DURING OPERATION ALLIED FORCE. — For the duration of Operation Allied Force and for 120 days thereafter, the Administration shall enhance its publicity of the availability of assistance provided pursuant to the amendments made by this section, including information regarding the appropriate local office at which affected small businesses may seek such assistance. (d) GUIDELINES.—Not later than 30 days after the date of the enactment of this section, the Administrator of the Small Business Administration sheill issue such guidelines as the Administrator determines to be necessary to carry out this section and the amendments made by this section. (e) EFFECTIVE DATES. — (1) IN GENERAL. —Except as provided in pgiragraph (2), the amendments made by this section shall take effect on the date of the enactment of this section. (2) DISASTER LOANS.— The amendments made by subsection (b) shall apply to economic injury suffered or likely to be suf- fered as the result of a period of military conflict occurring or ending on or after March 24, 1999. SEC. 403. MICROLOAN PROGRAM. Section 7(m)(l)(A)(i) of the Small Business Act (15 U.S.C. 636(m)(l)(A)(i)) is amended by inserting "veteran (within the meaning of such term under section 3(q))," after "low-income,". SEC. 404. DEFENSE ECONOMIC TRANSITION LOAN PROGRAM. Section 7(a)(21)(A)(ii) of the Small Business Act (15 U.S.C. 636(a)(21)(A)(ii)) is amended by inserting "or a veteran" after "qualified individual". SEC. 405. STATE DEVELOPMENT COMPANY PROGRAM. Section 501(d)(3) of the Small Business Investment Act of 1958 (15 U.S.C. 695(d)(3)) is amended— (1) by redesignating subparagraphs (E), (F), and (G) as subparagraphs (F), (G), and (H), respectively; and (2) by inserting after subparagraph (D) the following: "(E) expansion of small business concerns owned and controlled by veterans, as defined in section 3(q) of the Small Business Act (15 U.S.C. 632(q)), especially servicedisabled veterans, as defined in such section 3(q),".

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