118 STAT. 653 PUBLIC LAW 108–232—MAY 28, 2004 LEGISLATIVE HISTORY—H.R. 923: HOUSE REPORTS: No. 108–153 (Comm. on Small Business). CONGRESSIONAL RECORD: Vol. 149 (2003): June 24, considered and passed House. Vol. 150 (2004): May 18, considered and passed Senate. (A) the extent to which statutory requirements have caused overcapitalization in the loss reserves maintained by certified development companies participating in the Premier Certified Lenders Program established under sec tion 508 of the Small Business Investment Act of 1958 (15 U.S.C. 697e); and (B) alternatives for establishing and maintaining loss reserves that are sufficient to protect the Federal Govern ment from the risk of loss associated with loans guaranteed under such Program. (2) TRANSMISSION OF REPORT.—The report described in paragraph (1) shall be transmitted to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate not later than 90 days after the date of the enactment of this Act. (3) LIMITATION.—The amount of the contract described in paragraph (1) shall not exceed $75,000. Approved May 28, 2004. Deadline.
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