Page:United States Statutes at Large Volume 95.djvu/798

 95 STAT. 772

PUBLIC LAW 97-35—AUG. 13, 1981

"(8) engineering, architectural, consulting, or other professional services which are necessary or appropriate to aid citizens in using any of the measures described in paragraph (1) through (7). "(h) For purposes of this Act, the term 'credit elsewhere' means the availability of credit from non-Federal sources on reasonable terms and conditions taking into consideration the prevailing rates and terms in the community in or near where the concern transacts business, or the homeowner resides, for similar purposes and periods of time. 15 USC 636. "(i) For purposes of section 7 of this Act, the term 'homeowners' includes owners and lessees of residential property and also includes personal property.". Report to SEC. 1904. Section 10(b) of the Small Business Act is amended by congressional striking out "subsection" and all that follows and by inserting in lieu committees. thereof, "this Act. Such report shall provide such information sepa15 USC 639. rately on each type of loan made under paragraphs (10) through (15) of section 7(a) and separately for all other loan programs. In addition, the information on loans shall be supplied on a monthly basis to the Committee on Small Business of the Senate and the Committee on Small Business of the House of Representatives.". 15 USC 631 note. SEC. 1905. Section 20 of the Small Business Act is amended by striking out all after subsection 0) and inserting the following: Loan program "(k) The following program levels are authorized for fiscal year expenditure 1982: levels. "(1) For the programs authorized by section 7(a) of this Act, the Administration is authorized to make $195,000,000 in direct and immediate participation loans; and of such sum, the Administration is authorized to make $15,000,000 in loans as provided in paragraph (10), $45,000,000 in loans as provided in paragraph (11), and $10,00,000 in loans as provided in paragraph (12). "(2) For the programs authorized by 7(a) of this Act, and section 503 of the Small Business Investment Act of 1958, the Adminis15 USC 697. tration is authorized to make $3,140,000,000 in deferred participation loans and guarantees of debentures; and of such sum, the Administration is authorized to make $5,000,000 in loans as provided in paragraph (10), $60,000,000 in loans as provided in paragraph (11), $17,000,000 in loans as provided in paragraph (12), and $250,00,000 in loans as provided in paragraph (13) and guarantees of debentures as provided in section 503. "(3) For the programs authorized by title III of the Small Business Investment Act of 1958, the Administration is author15 USC 681. ized to make $35,000,000 in direct purchase of debentures and preferred securities and to make $160,000,000 in guarantees of debentures. "(4) For the programs authorized by part B of title IV of the 15 USC 694a. Small Business Investment Act of 1958, the Administration is authorized to enter into guarantees not to exceed $1,400,000,000. 15 USC 636. "(5) For the program authorized by section 70bX3) of this Act, the Administration shall not enter into any loans, guarantees, or other obligations or commitments. "(6) For the programs authorized in sections 404 and 405 of the 15 USC 694-1, Small Business Investment Act of 1958, the Administration is 694-2. authorized to enter into guarantees not to exceed $250,000,000. "(7) There are hereby authorized to be appropriated such sums as may be necessary and appropriate for the carrying out of the provisions and purposes, including administrative expenses, of sections 70i)Xl) and 7 (b)(2) of this Act; and there are authorized to

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