Page:United States Statutes at Large Volume 111 Part 3.djvu/508

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

Ill STAT. 2596 PUBLIC LAW 105-135—DEC. 2, 1997 "(2) ADDITIONAL AUTHORIZATIONS. — "(A) There are authorized to be appropriated to the Administration for fiscal year 1999 such sums as may be necessary to carry out this Act, including administrative expenses and necessary loan capital for disaster loans pursuant to section 7(b), and to carry out the Small Business Investment Act of 1958, including salaries and expenses of the Administration. "(B) Notwithstanding subparagraph (A), for fiscal year 1999— "(i) no funds are authorized to be provided to carry out the loan program authorized by section 7(a)(21) except by transfer from another Federal department or agency to the Administration, unless the program level authorized for general business loans under paragraph (l)(B)(i) is fully funded; and "(ii) the Administration may not approve loans on behalf of the Administration or on behalf of any other department or agency, by contract or otherwise, under terms and conditions other than those specifically authorized under this Act or the Small Business Investment Act of 1958, except that it may approve loans under section 7(a)(21) of this Act in gross amounts of not more than $1,250,000. "(e) FISCAL YEAR 2000. — "(1) PROGRAM LEVELS. —The following program levels are authorized for fiscal year 2000: "(A) For the programs authorized by this Act, the Administration is authorized to make— "(i) $40,000,000 in technical assistance grants as provided in section 7(m); and "(ii) $60,000,000 in direct loans, as provided in section 7(m). "(B) For the programs authorized by this Act, the Administration is authorized to make $20,040,000,000 in deferred participation loans and other financings. Of such sum, the Administration is authorized to make— "(i) $14,500,000,000 in general business loans as provided in section 7(a); "(ii) $4,500,000,000 in financings as provided in section 7(a)(13) of this Act and section 504 of the Small Business Investment Act of 1958; "(iii) $1,000,000,000 in loans as provided in section 7(a)(21); and "(iv) $40,000,000 in loans as provided in section 7(m). "(C) For the programs authorized by title III of the Small Business Investment Act of 1958, the Administration is authorized to make— "(i) $900,000,000 in purchases of participating securities; and "(ii) $800,000,000 in guarantees of debentures. "(D) For the programs authorized by part B of title rV of the Small Business Investment Act of 1958, the Administration is authorized to enter into guarantees not to exceed $2,000,000,000, of which not more than