Small Business Administration Reauthorization. This legislation would reauthorize programs and funding levels for the Small Business Administration through fiscal year 2003. This corporate welfare program would be authorized to guarantee $77.3 billion in business loans (and to make direct loans) over a three-year period. The Congressional Budget Office estimates that enacting this legislation would result in $3.5 billion in new discretionary spending by 2005.
The Small Business Administration reauthorization, H.R. 3843, passed the House on March 15, 2000 by a vote of 410-11 (Roll Call 49). We have assigned pluses to the nays.
