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HR 4932
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Small Business Development Centers Relief Act of 2010

To waive temporarily the matching amount requirement with respect to section 21 of the Small Business Act, and for other purposes.

Introduced Mar 24, 2010

Latest action (Mar 24, 2010) Referred to the Subcommittee on Rural Development, Entrepreneurship and Trade.

Summary

  • Waives the requirement that Small Business Development Centers provide matching funds as a condition of receiving Small Business Administration grants for one year from the date of enactment.
  • Permits the Small Business Administration to award grants to Small Business Development Centers during this one-year period in amounts that may exceed any matching funds provided by the grant recipient.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (3)

  1. Mar 24, 2010 Referred to the Subcommittee on Rural Development, Entrepreneurship and Trade. · house
  2. Mar 24, 2010 Referred to the House Committee on Small Business. · house
  3. Mar 24, 2010 Introduced in House

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

Full text

IN THE HOUSE OF REPRESENTATIVES

March 24, 2010

Mr. Kratovil introduced the following bill; which was referred to the Committee on Small Business

A BILL

To waive temporarily the matching amount requirement with respect to section 21 of the Small Business Act, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Small Business Development Centers Relief Act of 2010”.

SEC. 2. MATCHING REQUIREMENT WAIVER.

During the 1-year period beginning on the date of enactment of this Act, the Administrator of the Small Business Administration shall waive the requirement under subsection (a)(4)(A) of section 21 of the Small Business Act (15 U.S.C. 648) that a matching amount be provided as a condition of grants under such section. Notwithstanding subsection

(a)(4)(C)(ii) of such section, the amount of a grant under such section during such period may exceed the amount of matching funds provided. <all>

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