Sec. 1704. SMALL BUSINESS LOAN GUARANTEE ENHANCEMENT EXTENSIONS

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## SEC. 1704 SMALL BUSINESS LOAN GUARANTEE ENHANCEMENT EXTENSIONS ###

(a)Extension of Programs ####

(1)In general There is appropriated, out of any funds in the Treasury not otherwise appropriated, for an additional amount for “Small Business Administration—Business Loans Program Account”, $505,000,000, to remain available through March 4, 2011, for the cost of— #####

(A)fee reductions and eliminations under section 501 of division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5; 123 Stat. 151), as amended by this Act; and #####

(B)loan guarantees under section 502 of division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5; 123 Stat. 152), as amended by this Act. ####

(2)Cost For purposes of this subsection, the term “cost” has the same meaning as in section 502 of the Congressional Budget Act of 1974 (2 U.S.C. 661a). ###

(b)Administrative Expenses There is appropriated for an additional amount, out of any funds in the Treasury not otherwise appropriated, for administrative expenses to carry out sections 501 and 502 of division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5), $5,000,000, to remain available until expended, which may be transferred and merged with the appropriation for “Small Business Administration—Salaries and Expenses”. ###

(c)For purposes of the loans made under this section, the maximum guaranteed amount outstanding to the borrower may not exceed $4,500,000. # TITLE II TAX PROVISIONS

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U.S. Code

Definitions
§ 661a

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Pub. L. 111-5
123 Stat. 151
123 Stat. 152

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Sec. 1704

SMALL BUSINESS LOAN GUARANTEE ENHANCEMENT EXTENSIONS

U.S.C.§ 661a

Pub. L.Pub. L. 111-5

Stat.123 Stat. 151

Stat.123 Stat. 152

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