Page:United States Statutes at Large Volume 114 Part 5.djvu/721

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PUBLIC LAW 106-554—APPENDIX I 114 STAT. 2763A-681 "(1) include in the database required by section 9(k)(l), in cooperation with the SBIR, STTR, and FAST programs, information on Mentoring Networks and mentors participating under this section, including a description of their areas of expertise; "(2) work cooperatively with Mentoring Networks to maintain and update the database; "(3) take such action as may be necessary to aggressively promote Mentoring Networks under this section; and "(4) fulfill the requirements of this subsection either directly or by contract.". SEC. 113. SIMPLIFIED REPORTING REQUIREMENTS. Section 9 of the Small Business Act (15 U.S.C. 638), as amended by this Act, is further amended by adding at the end the following: "(v) SIMPLIFIED REPORTING REQUIREMENTS.—The Administrator shall work with the Federal agencies required by this section to have an SBIR program to standardize reporting requirements for the collection of data from SBIR applicants and awardees, including data for inclusion in the database under subsection (k), taking into consideration the unique needs of each agency, and to the extent possible, permitting the updating of previously reported information by electronic means. Such requirements shall be designed to minimize the burden on small businesses.". SEC. 114. RURAL OUTREACH PROGRAM EXTENSION. (a) EXTENSION OF TERMINATION DATE. —Section 501(b)(2) of the Small Business Reauthorization Act of 1997 (15 U.S.C. 638 note; 111 Stat. 2622) is amended by striking "2001" and inserting " 2005". (b) EXTENSION OF AUTHORIZATION OF APPROPRIATIONS.— Section 9(s)(2) of the Small Business Act (15 U.S.C. 638(s)(2)) is amended by striking "for fiscal year 1998, 1999, 2000, or 2001" and inserting "for each of the fiscal years 2000 through 2005,". TITLE II—BUSINESS LOAN PROGRAMS SEC. 201. SHORT TITLE. This title may be cited as the "Small Business Login Improvement Act of 2000". SEC. 202. LEVELS OF PARTICIPATION. Section 7(a)(2)(A) of the Small Business Act (15 U.S.C. 636(a)(2)(A)) is amended— (1) in paragraph (i) by striking "$100,000" and inserting " $150,000"; and (2) in paragraph (ii)— (A) by striking "80 percent" and inserting "85 percent"; and (B) by striking "$100,000" and inserting "$150,000". SEC. 203. LOAN AMOUNTS. Section 7(a)(3)(A) of the Small Business Act (15 U.S.C. 636(a)(3)(A)) is amended by striking "$750,000," and inserting, "$1,000,000 (or if the gross loan amount would exceed $2,000,000),".