Page:United States Statutes at Large Volume 124.djvu/4061

 124 STAT. 4035 PUBLIC LAW 111–358—JAN. 4, 2011 ‘‘(B) ENFORCEMENT OF RIGHTS.—The Attorney General shall take such action as may be appropriate to enforce any right accruing to the United States as a result of the issuance of any guarantee under this section. ‘‘(C) FORBEARANCE.—Nothing in this section may be construed to preclude any forbearance for the benefit of the borrower which may be agreed upon by the parties to the guaranteed loan and approved by the Secretary, if budget authority for any resulting subsidy costs (as defined in section 502(5) of the Federal Credit Reform Act of 1990) is available. ‘‘(6) EVALUATION OF CREDIT RISK.— ‘‘(A) The Secretary shall periodically assess the credit risk of new and existing direct loans or guaranteed loans. ‘‘(B) Not later than 2 years after the date of the enact- ment of the America COMPETES Reauthorization Act of 2010, the Comptroller General of the United States shall— ‘‘(i) conduct a review of the subsidy estimates for the loan guarantees under this section; and ‘‘(ii) submit to Congress a report on the review conducted under this paragraph. ‘‘(7) TERMINATION.—A loan may not be guaranteed under this section after September 30, 2013. ‘‘(8) AUTHORIZATION OF APPROPRIATIONS.—There are authorized to be appropriated $7,000,000 for each of fiscal years 2011 through 2013 for the cost (as defined in section 502(5) of the Federal Credit Reform Act of 1990) of guaranteeing $300,000,000 in loans under this section, such sums to remain available until expended. ‘‘(e) REGIONAL INNOVATION RESEARCH AND INFORMATION PRO- GRAM.— ‘‘(1) IN GENERAL.—As part of the program established under subsection (a), the Secretary shall establish a regional innova- tion research and information program— ‘‘(A) to gather, analyze, and disseminate information on best practices for regional innovation strategies (including regional innovation clusters), including informa- tion relating to how innovation, productivity, and economic development can be maximized through such strategies; ‘‘(B) to provide technical assistance, including through the development of technical assistance guides, for the development and implementation of regional innovation strategies (including regional innovation clusters); ‘‘(C) to support the development of relevant metrics and measurement standards to evaluate regional innova- tion strategies (including regional innovation clusters), including the extent to which such strategies stimulate innovation, productivity, and economic development; and ‘‘(D) to collect and make available data on regional innovation cluster activity in the United States, including data on— ‘‘(i) the size, specialization, and competitiveness of regional innovation clusters; ‘‘(ii) the regional domestic product contribution, total jobs and earnings by key occupations, establish- ment size, nature of specialization, patents, Federal Reports. Deadline.