[Federal Register Volume 74, Number 233 (Monday, December 7, 2009)]
[Rules and Regulations]
[Pages 64509-64515]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-28586]
[[Page 64509]]
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Part XV
Small Business Administration
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Semiannual Regulatory Agenda
[[Page 64510]]
SMALL BUSINESS ADMINISTRATION (SBA)
_______________________________________________________________________
SMALL BUSINESS ADMINISTRATION
13 CFR Ch. I
Semiannual Regulatory Agenda
AGENCY: U.S. Small Business Administration (SBA).
ACTION: Semiannual regulatory agenda.
_______________________________________________________________________
SUMMARY: The Regulatory Flexibility Act (RFA) and Executive Order 12866
require each agency to publish semiannually a regulatory agenda
(agenda) that includes an inventory of all current and projected
rulemakings, including regulations the agency expects to develop during
the next 12 months and regulations completed since the last publication
of the agency's agenda. SBA is publishing this Agenda to provide the
public with notice about SBA's regulatory activities and to provide
specific information about those activities. This information will
promote the public's participation in SBA's regulatory activities.
FOR FURTHER INFORMATION CONTACT: For additional information about
specific regulatory actions listed in the Agenda, you should direct
your comments and inquiries to the appropriate agency contact
identified in each entry. For general information about the Agenda, you
should direct your comments or inquiries to Martin ``Sparky'' Conrey,
Assistant General Counsel for Legislation and Appropriations, U.S.
Small Business Administration, 409 Third Street SW., Washington, DC
20416, (202) 619-0638, martin.conrey@sba.gov.
SUPPLEMENTARY INFORMATION: This agenda announces the proposed
regulatory actions that SBA plans for the next 12 months and those that
were completed since the spring 2009 edition of the agenda. SBA is
combining the publication of its agenda as required by statute and
Executive order, and conforming them to the Unified Agenda of Federal
Regulatory and Deregulatory Actions format developed by the Regulatory
Information Service Center.
The purpose of the agenda is to provide information to the
public on regulations currently under review, being proposed,
completed, or withdrawn by SBA. Accordingly, rulemaking action in
SBA's agenda is grouped according to its stage of development. The
stages of development are pre-rulemaking, proposed rules, final
rules, and rulemaking actions completed since the spring 2009
agenda. The agenda is intended to facilitate comments and views by
interested members of the public. SBA encourages public
participation in its rulemaking process through various mediums
including www.regulations.gov. This website allows SBA to place
rules on the website and receive public comments though that
medium. SBA also provides a link from www.sba.gov to that website.
SBA's regulations promote statutory mandates and Presidential
directives linked to SBA's goals to improve the economic
environment for small business; drive business formation, job
growth, and economic expansion, particularly in underserved
markets; restore homes and businesses affected by disaster; and to
operate and manage SBA's programs and resources efficiently and
effectively.
Publication of proposed rulemaking actions in the agenda does
not impose any obligation on SBA to take any final action with
regard to any specific item. Furthermore, SBA is not precluded from
rulemaking activities that are not listed in this agenda. The dates
listed in the timetables for specific actions are estimates and not
commitments to act on or by the particular date.
For this edition of the SBA's regulatory agenda, the most
important significant regulatory actions and a Statement of
Regulatory Priorities are included in The Regulatory Plan, which
appears in both the online Unified Agenda and in part II of the
Federal Register that includes the Unified Agenda.
Beginning with the fall 2007 publication, the Internet has
become the basic means for disseminating the Unified Agenda. The
complete Unified Agenda will be available online at
www.reginfo.gov, in a format that offers users a greatly enhanced
ability to obtain information from the Agenda database.
Because publication in the Federal Register is mandated for the
regulatory flexibility agenda required by the RFA (5 U.S.C. 602),
SBA's printed agenda entries include only rules that are in the
Agency's regulatory flexibility agenda, in accordance with the RFA,
because they are likely to have a significant economic impact on a
substantial number of small entities.
Printing of these entries is limited to fields that contain
information required by the RFA's agenda requirements. Additional
information on these entries is available in the Unified Agenda
published on the Internet. In addition, for fall editions of the
Agenda, the entire Regulatory Plan will continue to be printed in
the Federal Register, as in past years, including SBA's regulatory
plan.
Karen G. Mills,
Administrator.
Small Business Administration--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
Regulation
Sequence Title Identifier
Number Number
----------------------------------------------------------------------------------------------------------------
442 Small Business Development Centers (SBDC) Program Revisions........................... 3245-AE05
443 8(a) Business Development (Reg Plan Seq No. 158)...................................... 3245-AF53
444 Small Business Size Regulations; Business Status Determinations; Protest and Appeal 3245-AF65
Regulations...........................................................................
445 Small Business Size Standards: Retail Trade Industries (Reg Plan Seq No. 159)......... 3245-AF69
446 Small Business Size Standards: Other Services (Reg Plan Seq No. 160).................. 3245-AF70
447 Small Business Size Standards: Accommodations and Food Service Industries (Reg Plan 3245-AF71
Seq No. 161)..........................................................................
448 Women-Owned Small Business Federal Contract Assistance Procedures--Eligible Industries 3245-AF80
449 SBA Express Loan Program.............................................................. 3245-AF85
450 Implementation of Energy Independence and Security Act of 2007........................ 3245-AF86
[[Page 64511]]
451 Implementation of Military Reservist and Veteran Small Business Reauthorization and 3245-AF87
Opportunity Act of 2008...............................................................
452 Implementation of Small Business Disaster Response and Loan Improvement Act of 2008: 3245-AF88
Expedited Disaster Assistance Program.................................................
453 Implementation of Small Business Disaster Response and Loan Improvement Act of 2008: 3245-AF99
Private Loan Disaster Program.........................................................
454 Implementation of Small Business Disaster Response and Loan Improvement Act of 2008: 3245-AG00
Immediate Disaster Assistance Program.................................................
455 Interest Rate--Resetting Fixed Interest Rate.......................................... 3245-AG03
456 504 Program Governance Regulations.................................................... 3245-AG04
457 Small Business Size Standards for Loan, Investment, and Surety Programs............... 3245-AG05
458 Women-Owned Small Business Federal Contract Program (Reg Plan Seq No. 162)............ 3245-AG06
----------------------------------------------------------------------------------------------------------------
References in boldface appear in the Regulatory Plan in part II of this issue of the Federal Register.
Small Business Administration--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
Regulation
Sequence Title Identifier
Number Number
----------------------------------------------------------------------------------------------------------------
459 Lender Oversight Program.............................................................. 3245-AE14
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Small Business Administration--Completed Actions
----------------------------------------------------------------------------------------------------------------
Regulation
Sequence Title Identifier
Number Number
----------------------------------------------------------------------------------------------------------------
460 Definition of ``Employee'' for Purposes of the HUBZone Program........................ 3245-AF44
461 Implementation of American Recovery and Reinvestment Act of 2009...................... 3245-AF89
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_______________________________________________________________________
Small Business Administration (SBA) Proposed Rule Stage
_______________________________________________________________________
442. SMALL BUSINESS DEVELOPMENT CENTERS (SBDC) PROGRAM REVISIONS
Legal Authority: 15 USC 634(b)(6); 15 USC 648
Abstract: This rule would propose amendments to SBA's SBDC program
regulations for the purpose of conforming the regulations to existing
statutory requirements. This rule would amend: (1) Procedures for
approving and funding of SBDCs; (2) approval procedures for travel
outside the continental U.S. and U.S. territories; (3) procedures and
requirements regarding findings and disputes resulting from financial
exams, programmatic reviews, accreditation reviews, and other SBA
oversight activities; (4) requirements for new and renewal applications
for SBDC awards, including the requirements for electronic submission
through the approved electronic Government submission facility; and (5)
provisions regarding the collection and use of individual SBDC client
data.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 08/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Antonio Doss, Director, Office of Small Business
Development Centers, Small Business Administration, 409 Third Street
SW, Washington, DC 20416
Phone: 202 205-6766
Email: antonio.doss@sba.gov
RIN: 3245-AE05
_______________________________________________________________________
443. 8(A) BUSINESS DEVELOPMENT
Regulatory Plan: This entry is Seq. No. 158 in part II of this issue
of the Federal Register.
RIN: 3245-AF53
_______________________________________________________________________
444. SMALL BUSINESS SIZE REGULATIONS; BUSINESS STATUS DETERMINATIONS;
PROTEST AND APPEAL REGULATIONS
Legal Authority: 15 USC 632; 15 USC 634
Abstract: SBA is proposing to standardize protest and appeal
regulations across all small business programs and clarify the effect
of a negative determination on the procurement in question. SBA's
proposed rule will clarify that an award should not be made to an
ineligible concern, and in cases where an award
[[Page 64512]]
has been made prior to an SBA final decision finding a business to be
ineligible, the contracting agency shall either terminate the contract,
not exercise an option, or not award further task or delivery orders to
the ineligible concern. SBA is also proposing to clarify how
contracting officers select NAICS codes for multiple award task and
delivery order contracts. The changes recommended were prompted by
recent bid protest litigation, a survey of cases handled by SBA's
Government Contracting Area Offices, and recent rulings by SBA's Office
of Hearings and Appeals.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Khem Sharma, Division Chief, Division of Size
Standards, Office of Government Contracting/Business Development, Small
Business Administration, 409 Third Street SW, Washington, DC 20416
Phone: 202 205-7189
Fax: 202 205-6390
RIN: 3245-AF65
_______________________________________________________________________
445. SMALL BUSINESS SIZE STANDARDS: RETAIL TRADE INDUSTRIES
Regulatory Plan: This entry is Seq. No. 159 in part II of this issue
of the Federal Register.
RIN: 3245-AF69
_______________________________________________________________________
446. SMALL BUSINESS SIZE STANDARDS: OTHER SERVICES
Regulatory Plan: This entry is Seq. No. 160 in part II of this issue
of the Federal Register.
RIN: 3245-AF70
_______________________________________________________________________
447. SMALL BUSINESS SIZE STANDARDS: ACCOMMODATIONS AND FOOD SERVICE
INDUSTRIES
Regulatory Plan: This entry is Seq. No. 161 in part II of this issue
of the Federal Register.
RIN: 3245-AF71
_______________________________________________________________________
448. WOMEN-OWNED SMALL BUSINESS FEDERAL CONTRACT ASSISTANCE PROCEDURES--
ELIGIBLE INDUSTRIES
Legal Authority: Not Yet Determined
Abstract: The U.S. Small Business Administration (SBA) is prohibited
from using funding in Fiscal Year 2009 to implement the program
relating to Women-Owned Small Business (WOSB) Federal Contract
Assistance Procedures published on October 1, 2008, by the Omnibus
Appropriations Act, 2009, Div. D, title V, section 522 (Mar. 11, 2009).
SBA plans to withdraw this proposed rule and promulgate a new rule in
order to establish and implement an effective WOSB procurement program.
SBA is committed to moving forward to implement a successful WOSB
procurement program.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 10/01/08 73 FR 57014
NPRM Comment Period End 10/31/08
Reopening of Comment Period 01/12/09 74 FR 1153
Comment Period End 03/13/09
Withdrawal and New Rule 02/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Dean R. Koppel, Acting Director for Government
Contracting, Office of Policy, Planning and Liaison, Small Business
Administration, 409 3rd Street SW, Washington, DC 20416
Phone: 202 205-7322
Fax: 202 481-1540
RIN: 3245-AF80
_______________________________________________________________________
449. SBA EXPRESS LOAN PROGRAM
Legal Authority: 15 USC 636(a)(31)
Abstract: SBA plans to issue regulations for the SBA Express loan
program codified in section 7(a)(31) of the Small Business Act. The SBA
Express loan program reduces the number of Government mandated forms
and procedures, streamlines the processing and reduces the cost of
smaller, less complex SBA loans. SBA Express loans carry a maximum SBA
guaranty of 50 percent.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 02/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Grady Hedgespeth, Director, Office of Financial
Assistance, Small Business Administration, 409 3rd Street SW,
Washington, DC 20416
Phone: 202 205-7562
Email: grady.hedgespeth@sba.gov.
RIN: 3245-AF85
_______________________________________________________________________
450. IMPLEMENTATION OF ENERGY INDEPENDENCE AND SECURITY ACT OF 2007
Legal Authority: 15 USC 636(a)(32)
Abstract: SBA plans to issue regulations to implement the small
business energy provisions in the Energy Independence and Security Act
of 2007. The new regulations will provide guidance on several program
changes, including larger 504 loan limits to help small businesses
develop energy efficient technologies, investments in energy saving
small businesses, and an energy saving debenture program.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 05/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: James W. Hammersley, Deputy Assistant Administrator,
Office of Policy and Strategic Planning, Small Business Administration,
409 Third Street SW, Washington, DC 20416
Phone: 202 205-6490
RIN: 3245-AF86
_______________________________________________________________________
451. IMPLEMENTATION OF MILITARY RESERVIST AND VETERAN SMALL BUSINESS
REAUTHORIZATION AND OPPORTUNITY ACT OF 2008
Legal Authority: 15 USC 632(q); 15 USC 636(j)
Abstract: SBA plans to issue regulations to implement section 205 of
the Military Reservist and Veteran Small Business Reauthorization and
Opportunity Act. These regulations will provide guidance on tolling of
time limitations for veteran-owned small businesses.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 03/00/10
[[Page 64513]]
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Dean R. Koppel, Acting Director for Government
Contracting, Office of Policy, Planning and Liaison, Small Business
Administration, 409 3rd Street SW, Washington, DC 20416
Phone: 202 205-7322
Fax: 202 481-1540
RIN: 3245-AF87
_______________________________________________________________________
452. IMPLEMENTATION OF SMALL BUSINESS DISASTER RESPONSE AND LOAN
IMPROVEMENT ACT OF 2008: EXPEDITED DISASTER ASSISTANCE PROGRAM
Legal Authority: PL 110-246, sec 12085
Abstract: This proposed rule would establish and implement an expedited
disaster assistance business loan program under which the SBA may, on
an expedited basis, guarantee timely payment of principal and interest,
as scheduled on any loan made to an eligible small business concern
under paragraph (9) of section 7(b) of the Small Business Act (15
U.S.C. 636(b)), as added by this Act. Paragraph (9) of section 7(b) of
the Small Business Act provides that if the President declares a major
disaster, the Administrator of the SBA may declare eligibility for
additional disaster assistance if certain conditions are satisfied.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: James E. Rivera, Acting Associate Administrator for
Disaster Assistance, Small Business Administration, 409 Third Street
SW, Washington, DC 20416
Phone: 202 619-0005
Fax: 202 205-7728
Email: james.rivera@sba.gov
RIN: 3245-AF88
_______________________________________________________________________
453. <> IMPLEMENTATION OF SMALL BUSINESS DISASTER
RESPONSE AND LOAN IMPROVEMENT ACT OF 2008: PRIVATE LOAN DISASTER PROGRAM
Legal Authority: PL 110-246, sec 12083
Abstract: This proposed rule would establish and implement a private
loan disaster program under which the SBA may guarantee timely payment
of principal and interest, as scheduled, on any loan made to an
eligible small business concern located in a disaster area and to an
eligible individual. SBA may guarantee up to 85 percent of any loan
under this program and the maximum amount of a loan under this program
is $2 million.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: James E. Rivera, Acting Associate Administrator for
Disaster Assistance, Small Business Administration, 409 Third Street
SW, Washington, DC 20416
Phone: 202 619-0005
Fax: 202 205-7728
Email: james.rivera@sba.gov
RIN: 3245-AF99
_______________________________________________________________________
454. <> IMPLEMENTATION OF SMALL BUSINESS DISASTER
RESPONSE AND LOAN IMPROVEMENT ACT OF 2008: IMMEDIATE DISASTER ASSISTANCE
PROGRAM
Legal Authority: 15 USC 636(b), 636(c), 636(d)
Abstract: This proposed rule would establish and implement an immediate
disaster assistance program under which the Administration participates
on a deferred (guaranteed) basis in 85 percent of the balance of the
financing outstanding at the time of disbursement of the loan if such
balance is less than or equal to $25,000 for businesses affected by a
disaster. To receive a loan under section 42(a) of the Small Business
Act, the applicant must also apply for, and meet basic eligibility
standards for, a loan under section 7(b) or 7(c) of the Small Business
Act.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: James E. Rivera, Acting Associate Administrator for
Disaster Assistance, Small Business Administration, 409 Third Street
SW, Washington, DC 20416
Phone: 202 619-0005
Fax: 202 205-7728
Email: james.rivera@sba.gov
RIN: 3245-AG00
_______________________________________________________________________
455. <> INTEREST RATE--RESETTING FIXED INTEREST RATE
Legal Authority: 15 USC 634
Abstract: SBA currently offers either a fixed or variable interest rate
for 7(a) loans. In addition to these rates, the Agency is working to
develop a shorter term fixed interest rate with the ability to be re-
set periodic intervals. This type of rate is currently available in the
commercial market place and will help provide additional options for
small business borrowers. By authorizing this option, SBA is
recognizing a need to allow lenders to utilize market opportunities.
For example, SBA recently revised section 120.214 to allow the use of
LIBOR.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 03/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Grady Hedgespeth, Director, Office of Financial
Assistance, Small Business Administration, 409 3rd Street SW,
Washington, DC 20416
Phone: 202 205-7562
Email: grady.hedgespeth@sba.gov.
RIN: 3245-AG03
_______________________________________________________________________
456. <> 504 PROGRAM GOVERNANCE REGULATIONS
Legal Authority: 15 USC 695 et seq
Abstract: Title V of the Small Business Investment Act of 1958 (the
``Act'') authorizes SBA to assist development company financings of
small businesses in order to foster economic development and to create
or preserve job opportunities in both urban and rural areas. SBA
intends to propose a regulatory framework by analyzing the best CDC
structure to improve the growth of CDC's and their ability to provide
capital to small businesses by reducing the regulatory burden while
maintaining appropriate controls to mitigate risk, and to encourage the
expansion of CDC financings into communities not currently served. As
part of this project, SBA will review existing regulations to determine
what will be deleted or amended based upon the proposed regulatory
framework. Also, SBA will review existing CDC
[[Page 64514]]
loan program regulations unrelated to CDC corporate governance to
identify any needed technical changes and appropriate clarifications.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 03/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Grady Hedgespeth, Director, Office of Financial
Assistance, Small Business Administration, 409 3rd Street SW,
Washington, DC 20416
Phone: 202 205-7562
Email: grady.hedgespeth@sba.gov.
RIN: 3245-AG04
_______________________________________________________________________
457. <> SMALL BUSINESS SIZE STANDARDS FOR LOAN,
INVESTMENT, AND SURETY PROGRAMS
Legal Authority: Not Yet Determined
Abstract: SBA currently sets different size standards for participation
in its financial assistance programs. 7(a) borrowers use the standards
set out for procurement programs or a temporary alternate standard; 504
borrowers may use the 7(a) standards or an alternate standard; SBIC
investment may be made to small businesses that qualify through another
standard; and Surety Bond program participants must meet still
different requirements. As part of an overall Agency program, SBA will
review financial program eligibility regulations in order to update
size eligibility requirements among these programs.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 04/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Khem Sharma, Division Chief, Division of Size
Standards, Office of Government Contracting/Business Development, Small
Business Administration, 409 Third Street SW, Washington, DC 20416
Phone: 202 205-7189
Fax: 202 205-6390
RIN: 3245-AG05
_______________________________________________________________________
458. WOMEN-OWNED SMALL BUSINESS FEDERAL CONTRACT PROGRAM
Regulatory Plan: This entry is Seq. No. 162 in part II of this issue
of the Federal Register.
RIN: 3245-AG06
_______________________________________________________________________
Small Business Administration (SBA) Final Rule Stage
_______________________________________________________________________
459. LENDER OVERSIGHT PROGRAM
Legal Authority: 15 USC 634(b)(6),(b)(7),(b)(14),(h), and note;
687(f),697(e)(c)(8), and 650.
Abstract: This rule implements the Small Business Administration's
(SBA) statutory authority under the Small Business Reauthorization and
Manufacturing Assistance Act of 2004 (Reauthorization Act) to regulate
Small Business Lending Companies (SBLCs) and non-federally regulated
lenders (NFRLs). It also conforms SBA rules to various changes in the
section 7(a) Business Loan Program and the Certified Development
Company (CDC) Program.
In particular, this rule (1) Defines SBLCs and NFRLs; (2) clarifies
SBA's authority to regulate SBLCs and NFRLs; (3) authorizes SBA to set
certain minimum capital standards for SBLCs, to issue cease and desist
orders, and revoke or suspend lending authority of SBLCs and NFRLs; (4)
establishes the Bureau of Premier Certified Lender Program Oversight in
the Office of Credit Risk management; (5) transfers existing SBA
enforcement authority over CDCs from the Office of Financial Assistance
to the appropriate official in the Office of Capital Access; and (6)
defines SBA's oversight and enforcement authorities relative to all SBA
lenders participating in the 7(a) and CDC programs and intermediaries
in the Microloan program.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 10/31/07 72 FR 61752
NPRM Comment Period Extended 12/20/07 72 FR 72264
NPRM Comment Period End 02/29/08
Interim Final Rule 12/11/08 73 FR 75498
Interim Final Rule Comment
Period End 03/11/09
Interim Final Rule Effective 01/12/09
Final Action 06/00/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Bryan Hooper, Director, Office of Credit Risk
Management, Small Business Administration, 409 3rd Street SW,
Washington, DC 20416
Phone: 202 205-3049
Fax: 202 205-6831
Email: bryan.hooper@sba.gov
RIN: 3245-AE14
_______________________________________________________________________
Small Business Administration (SBA) Completed Actions
_______________________________________________________________________
460. DEFINITION OF ``EMPLOYEE'' FOR PURPOSES OF THE HUBZONE PROGRAM
Legal Authority: 15 USC 657 (a)
Abstract: The purpose of this rule is to amend the definition of
``employee'' under 13 CFR 126.103. The definition of ``employee'' in
part 126 is relevant to SBA's determination of whether a concern is
eligible for certification as a HUBZone small business concern. On May
13, 2004, SBA issued an Advance Notice of Proposed Rulemaking
requesting comments on, among other
[[Page 64515]]
things, specific issues related to the definition of ``employee,''
including the status of part-time, leased, and temporary employees, and
the use of the term ``full-time equivalent'' in the definition of
``employee.'' After careful consideration of the comments received, SBA
has decided to amend the definition of ``employee'' to reflect current
business operations, market conditions, and personnel practices within
the small business community.
Completed:
________________________________________________________________________
Reason Date FR Cite
________________________________________________________________________
Final Action 11/03/09 74 FR 56699
Final Action Effective 05/03/10
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Guy A. Torres
Phone: 202 205-7583
Email: guy.torres@sba.gov
RIN: 3245-AF44
_______________________________________________________________________
461. IMPLEMENTATION OF AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009
Legal Authority: 15 USC 636; 15 USC 683(b); 15 USC 686(a); 15 USC
695,697
Abstract: SBA plans to issue regulations to implement the American
Recovery and Reinvestment Act of 2009. The new regulations will make
conforming changes to existing regulations and establish several new
programs. These programs include a secondary market guarantee program
for 504 first mortgages, a refinancing program for community
development loans, a business stabilization loan program for small
businesses experiencing immediate financial hardship, and a program to
make loans to systemically important SBA secondary market broker-
dealers. In addition, new regulations will increase the maximum
leverage limits for small business investment companies, and will
increase the maximum contract amount in the Surety Bond Guarantee
program.
Completed:
________________________________________________________________________
Reason Date FR Cite
________________________________________________________________________
Withdrawn--Duplicate 10/10/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Eric R Zarnikow
Phone: 202 205-6657
Fax: 202 481-0797
Email: eric.zarnikow@sba.gov
RIN: 3245-AF89
[FR Doc. E9-28586 Filed 12-04-09; 8:45 am]
BILLING CODE 8025-01-S
