Page:United States Statutes at Large Volume 124.djvu/2576

 124 STAT. 2550 PUBLIC LAW 111–240—SEPT. 27, 2010 (ii) by striking clause (ii); and (2) in section 29(c) (15 U.S.C. 656(c))— (A) in paragraph (1), by striking ‘‘Subject to paragraph (5), as’’ and inserting ‘‘As’’; and (B) by striking paragraph (5). SEC. 1402. GRANTS FOR SBDCS. (a) IN GENERAL.—The Administrator may make grants to small business development centers under section 21 of the Small Busi- ness Act (15 U.S.C. 648) to provide targeted technical assistance to small business concerns seeking access to capital or credit, Fed- eral procurement opportunities, energy efficiency audits to reduce energy bills, opportunities to export products or provide services to foreign customers, adopting, making innovations in, and using broadband technologies, or other assistance. (b) ALLOCATION.— (1) IN GENERAL.—Subject to paragraph (2), and notwith- standing the requirements of section 21(a)(4)(C)(iii) of the Small Business Act (15 U.S.C. 648(a)(4)(C)(iii)), the amount appro- priated to carry out this section shall be allocated under the formula under section 21(a)(4)(C)(i) of that Act. (2) MINIMUM FUNDING.—The amount made available under this section to each State shall be not less than $325,000. (3) TYPES OF USES.—Of the total amount of the grants awarded by the Administrator under this section— (A) not less than 80 percent shall be used for counseling of small business concerns; and (B) not more than 20 percent may be used for classes or seminars. (c) NO NON-FEDERAL SHARE REQUIRED.—Notwithstanding sec- tion 21(a)(4)(A) of the Small Business Act (15 U.S.C. 648(a)(4)(A)), the recipient of a grant made under this section shall not be required to provide non-Federal matching funds. (d) DISTRIBUTION.—Not later than 30 days after the date on which amounts are appropriated to carry out this section, the Administrator shall disburse the total amount appropriated. (e) AUTHORIZATION OF APPROPRIATIONS.—There is authorized to be appropriated to the Administrator $50,000,000 to carry out this section. Subtitle E—Disaster Loan Improvement SEC. 1501. AQUACULTURE BUSINESS DISASTER ASSISTANCE. Section 3 of the Small Business Act (15 U.S.C. 632), as amended by section 1343, is amended by adding at the end the following: ‘‘(z) AQUACULTURE BUSINESS DISASTER ASSISTANCE.—Subject to section 18(a) and notwithstanding section 18(b)(1), the Adminis- trator may provide disaster assistance under section 7(b)(2) to aqua- culture enterprises that are small businesses.’’. Deadline. 15 USC 648b.