Technical Corrections to Microloan Program: Report (to Accompany H.R. 440) (including Cost Estimate of the Congressional Budget Office). |
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105th Congress 15 percent accordance with clause Administration shall require annual loss rate average annual loss average loss rate bill CBO staff contact COMMITTEE ESTIMATE Committee on Small CONGRESSIONAL BUDGET OFFICE contact is Mark contained in H.R. duced equal to 15 establish a loan existing law fiscal five year period funds available House of Representatives impose a loss inter intermediaries may request intermediary to establish intermediary's participation language requiring SBA level equal loan funds loan loss reserve loss reserve equal loss reserve fund loss reserve require maintain a loss maintain such reserve Mark Hadley mediary ment microloan funds microloan intermediaries microloan program notes receivable owed oversight findings pass H.R. percent twice Program Technical Pursuant to clause quired recent five reduction request a review require each intermediary require the loan requirements for loan review based Rules SECTION Senate similar to H.R. SMALL BUSINESS ACT subclause subsection are repaid Technical Corrections Act tion