Page:United States Statutes at Large Volume 124.djvu/2575

 124 STAT. 2549 PUBLIC LAW 111–240—SEPT. 27, 2010 the waiver would undermine the credibility of the microloan program under this sub- section. ‘‘(bb) SUNSET.—The Administrator may not waive the requirement to obtain non-Fed- eral funds under this clause for fiscal year 2013 or any fiscal year thereafter.’’. (b) WOMEN’S BUSINESS CENTER PROGRAM.—Section 29(c) of the Small Business Act (15 U.S.C. 656(c)) is amended— (1) in paragraph (1), by striking ‘‘As a condition’’ and inserting ‘‘Subject to paragraph (5), as a condition’’; and (2) by adding at the end the following: ‘‘(5) WAIVER OF NON-FEDERAL SHARE RELATING TO TECH- NICAL ASSISTANCE AND COUNSELING.— ‘‘(A) IN GENERAL.—Upon request by a recipient organization, and in accordance with this paragraph, the Administrator may waive, in whole or in part, the require- ment to obtain non-Federal funds under this subsection for the technical assistance and counseling activities of the recipient organization carried out using financial assist- ance under this section for a fiscal year. The Administrator may waive the requirement to obtain non-Federal funds under this paragraph for successive fiscal years. ‘‘(B) CONSIDERATIONS.—In determining whether to waive the requirement to obtain non-Federal funds under this paragraph, the Administrator shall consider— ‘‘(i) the economic conditions affecting the recipient organization; ‘‘(ii) the impact a waiver under this clause would have on the credibility of the women’s business center program under this section; ‘‘(iii) the demonstrated ability of the recipient organization to raise non-Federal funds; and ‘‘(iv) the performance of the recipient organization. ‘‘(C) LIMITATIONS.— ‘‘(i) IN GENERAL.—The Administrator may not waive the requirement to obtain non-Federal funds under this paragraph if granting the waiver would undermine the credibility of the women’s business center program under this section. ‘‘(ii) SUNSET.—The Administrator may not waive the requirement to obtain non-Federal funds under this paragraph for fiscal year 2013 or any fiscal year thereafter.’’. (c) PROSPECTIVE REPEALS.—Effective October 1, 2012, the Small Business Act (15 U.S.C. 631 et seq.) is amended— (1) in section 7(m) (15 U.S.C. 636(m))— (A) in paragraph (3)(B)— (i) by striking ‘‘INTERMEDIARY CONTRIBUTION.—’’ and all that follows through ‘‘Subject to clause (ii), as’’ and inserting ‘‘INTERMEDIARY CONTRIBUTION.—As’’; and (ii) by striking clause (ii); and (B) in paragraph (4)(B)— (i) by striking ‘‘CONTRIBUTION.—’ ’ and all that fol- lows through ‘‘Subject to clause (ii), as’’ and inserting ‘‘CONTRIBUTION.—As’’; and Effective date. 15 USC 636 note.