PUBLIC LAW 110–28—MAY 25, 2007
121 STAT. 155
Draft De-Authorization Report submitted to Congress in December 2006 pursuant to Public Law 109–234. CHAPTER 4 SMALL BUSINESS ADMINISTRATION DISASTER LOANS PROGRAM ACCOUNT (INCLUDING
TRANSFERS OF FUNDS)
Of the unobligated balances under the heading ‘‘Small Business Administration, Disaster Loans Program Account’’, $181,069,000, to remain available until expended, shall be used for administrative expenses to carry out the disaster loan program, which may be transferred to and merged with ‘‘Small Business Administration, Salaries and Expenses’’, of which $500,000 is for the Office of Inspector General of the Small Business Administration for audits and reviews of disaster loans and the disaster loan program and shall be paid to appropriations for the Office of Inspector General; of which $171,569,000 is for direct administrative expenses of loan making and servicing to carry out the direct loan program; and of which $9,000,000 is for indirect administrative expenses. Of the unobligated balances under the heading ‘‘Small Business Administration, Disaster Loans Program Account’’, $25,000,000 shall be made available for loans under section 7(b)(2) of the Small Business Act to pre-existing businesses located in an area for which the President declared a major disaster because of the hurricanes in the Gulf of Mexico in calendar year 2005, of which not to exceed $8,750,000 is for direct administrative expenses and may be transferred to and merged with ‘‘Small Business Administration, Salaries and Expenses’’ to carry out the disaster loan program of the Small Business Administration. Of the unobligated balances under the heading ‘‘Small Business Administration, Disaster Loans Program Account’’, $150,000,000 is transferred to the ‘‘Federal Emergency Management Agency, Disaster Relief’’ account. CHAPTER 5 DEPARTMENT OF HOMELAND SECURITY FEDERAL EMERGENCY MANAGEMENT AGENCY DISASTER RELIEF
(INCLUDING
TRANSFER OF FUNDS)
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For an additional amount for ‘‘Disaster Relief’’, $710,000,000, to remain available until expended: Provided, That $4,000,000 shall be transferred to ‘‘Office of Inspector General’’: Provided further, That the Government Accountability Office shall review how the Federal Emergency Management Agency develops its estimates of the funds needed to respond to any given disaster as described in House Report 110–60.
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