Page:United States Statutes at Large Volume 124.djvu/2621

 124 STAT. 2595 PUBLIC LAW 111–240—SEPT. 27, 2010 SEC. 4108. CREDIT REFORM; FUNDING. (a) CREDIT REFORM.—The cost of purchases of preferred stock and other financial instruments made as capital investments under this subtitle shall be determined as provided under the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.). (b) FUNDS MADE AVAILABLE.—There are hereby appropriated, out of funds in the Treasury not otherwise appropriated, such sums as may be necessary to pay the costs of $30,000,000,000 of capital investments in eligible institutions, including the costs of modifying such investments, and reasonable costs of admin- istering the program of making, holding, managing, and selling the capital investments. SEC. 4109. TERMINATION AND CONTINUATION OF AUTHORITIES. (a) TERMINATION OF INVESTMENT AUTHORITY.—The authority to make capital investments in eligible institutions, including commitments to purchase preferred stock or other instruments, provided under this subtitle shall terminate 1 year after the date of enactment of this Act. (b) CONTINUATION OF OTHER AUTHORITIES.—The authorities of the Secretary under section 4104 shall not be limited by the termination date in subsection (a). SEC. 4110. PRESERVATION OF AUTHORITY. Nothing in this subtitle may be construed to limit the authority of the Secretary under any other provision of law. SEC. 4111. ASSURANCES. (a) SMALL BUSINESS LENDING FUND SEPARATE FROM TARP.— The Small Business Lending Fund Program is established as sepa- rate and distinct from the Troubled Asset Relief Program estab- lished by the Emergency Economic Stabilization Act of 2008. An institution shall not, by virtue of a capital investment under the Small Business Lending Fund Program, be considered a recipient of the Troubled Asset Relief Program. (b) CHANGE IN LAW.—If, after a capital investment has been made in an eligible institution under the Program, there is a change in law that modifies the terms of the investment or program in a materially adverse respect for the eligible institution, the eligible institution may, after consultation with the appropriate Federal banking agency for the eligible institution, repay the invest- ment without impediment. SEC. 4112. STUDY AND REPORT WITH RESPECT TO WOMEN -OWNED, VETERAN-OWNED, AND MINORITY-OWNED BUSINESSES. (a) STUDY.—The Secretary shall conduct a study of the impact of the Program on women-owned businesses, veteran-owned businesses, and minority-owned businesses. (b) REPORT.—Not later than one year after the date of enact- ment of this Act, the Secretary shall submit to Congress a report on the results of the study conducted pursuant to subsection (a). To the extent possible, the Secretary shall disaggregate the results of such study by ethnic group and gender. (c) INFORMATION PROVIDED TO THE SECRETARY.—Eligible institutions that participate in the Program shall provide the Sec- retary with such information as the Secretary may require to carry out the study required by this section. Appropriation authorization.