Page:United States Statutes at Large Volume 104 Part 3.djvu/501

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PUBLIC LAW 101-510—NOV. 5, 1990 104 STAT. 1853 "(2) projects to assist in retraining and reorganization efforts designed to avert layoffs that would otherwise occur as a result of such reductions or closures; and "(3) projects to assist communities in addressing and reducing the impact of such economic dislocation.". SEC. 4203. AUTHORIZATION OF APPROPRIATIONS (a) AUTHORIZATION.—T here are authorized to be appropriated to the Secretary of Defense $150,000,000 for fiscal year 1991 to carry out section 4201 and the amendment made by section 4202. Amounts appropriated pursuant to this subsection shall remain available until expended. 0?) ADMINISTRATIVE EXPENSES. —Of amounts appropriated pursuant to this section, not more than five percent may be retained by the Secretary of Labor for the administration of the activities authorized by the amendment made by section 4202. TITLE XLIII—EXPANSION OF BUSINESS CAPITAL 10 USC 2391 ASSISTANCE PROGRAMS "°*« SEC. 4301. EXPANSION OF SMALL BUSINESS LOAN PROGRAM President. Not later than 180 days after the date of the enactment of this Act, the President, acting with the assistance of the Committee and after consulting experts in government and the private sector, shall transmit to the Congress recommendations regarding ways that assistance provided pursuant to the business loan program under section 7(a) of the Small Business Act of 1958 may be used to respond to the consequences of defense budget reductions. SEC. 4302. ECONOMIC PLANNING ASSISTANCE FOR EXCEPTIONAL PROJECTS (a) ASSISTANCE AUTHORIZED.—The Economic Development Administration, in the case of assistance under title IX of the Public Works and Economic Development Act of 1965, and the Office of Economic Adjustment, in the case of planning assistance under section 239106) of title 10, United States Code, may award planning assistance under those programs to any substantially and seriously affected community, on behalf of a business, group of businesses, or group of workers, if such planning funds are determined by the agency concerned to be necessary and appropriate as a catalyst for projects which the agency determines, on a case-by-case basis, have exceptional promise for achieving the objectives of this division. (b) CONDITIONS ON ASSISTANCE.— Awards under this section shall be subject to the availability of appropriations for such purpose and shall be made in accordance with any other applicable provisions of law. SEC. 4303. EXPANSION OF EXPORT FINANCING FOR GOODS AND SERV- ICES PRODUCED BY FIRMS AND EMPLOYEES FORMERLY EN- GAGED IN DEFENSE PRODUCTION (a) EXPORT-IMPORT BANK.— (1) SENSE OF CONGRESS ON PLAN FOR EXPANSION. — It is the sense of Congress that the United States businesses undergoing transition from defense production to nondefense production will need assistance in seizing export markets overseas. Therefore, in order to provide financial support for such businesses, as well as meeting other normal demands on its resources, the