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H. Rept. 115-214 1 (2017-07-12)

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115TH CONGRESS I
   1st Session  J HOUSE OF REPRESENTATIVES


REPORT
115-214


         MICROLOAN MODERNIZATION ACT OF 2017



 JULY 12, 2017.-Committed to the Committee of the Whole House on the State of
                    the Union and ordered to be printed



       Mr. CHABOT, from the Committee on Small Business,
                      submitted the following


                          REPORT

                        [To accompany H.R. 2056]

          [Including cost estimate of the Congressional Budget Office]

  The Committee on Small Business, to whom was referred the bill
(H.R. 2056) to amend the Small Business Act to provide for ex-
panded participation in the microloan program, and for other pur-
poses, having considered the same, report favorably thereon with
an amendment and recommend that the bill as amended do pass.

                             CONTENTS
                                                                  Page
    I. Purpose of the Bill and  Summary    .............................................................  2
    II. Background and the Need for Legislation ..............................................  2
    III.  H earings  .......................................................................................................  3
    IV.  Com m ittee  Consideration  .........................................................................  3
    V .  Com m ittee  V otes  .......................................................................................  4
    VI. Section-by-Section Analysis of H.R. 2056 .................................................  7
  VII. Cost Estimate of the Congressional Budget Office ..................................  8
  VIII.  Unfunded  M andates  ....................................................................................  9
  IX. New Budget Authority, Entitlement Authority and Tax Expenditures 9
  X . Oversight Findings  ..................................................................................... .  9
  XI. Statement of Constitutional Authority ......................................................  9
  XII. Congressional Accountability  Act  .............................................................  9
  XIII. Federal Advisory Committee Statement ...................................................  9
  XIV. Statem ent of No  Earm arks  .......................................................................  9
  XV. Statement of Duplication of Federal Programs ......................................  9
  XVI. Disclosure of Directed Rule Makings .......................................................  10
  XVII.  Performance Goals and    Objectives  ...........................................................  10
XVIII. Changes in Existing Law Made by the Bill, as Reported ........................  10
  The amendment is as follows:
  Strike all after the enacting clause and insert the following:


69-006


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