[108th Congress Public Law 306]
[From the U.S. Government Printing Office]


[DOCID: f:publ306.108]

[[Page 118 STAT. 1131]]

Public Law 108-306
108th Congress

                                 An Act


 
To provide an additional temporary extension of programs under the Small 
   Business Act and the Small Business Investment Act of 1958 through 
     September 30, 2004, and for other purposes. <<NOTE: Sept. 24, 
                         2004 -  [H.R. 5008]>> 

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

SECTION 1. ADDITIONAL TEMPORARY EXTENSION OF PROGRAMS UNDER SMALL 
            BUSINESS ACT AND SMALL BUSINESS INVESTMENT ACT OF 1958.

    The authorization for any program, authority, or provision, 
including any pilot program, that was extended through June 4, 2004, by 
section 1 of Public Law 108-217 <<NOTE: Ante, p. 591.>>  is further 
extended through September 30, 2004, under the same terms and 
conditions.

SEC. 2. TECHNICAL AMENDMENT.

    Section 2 of Public Law 108-205 <<NOTE: Ante, p. 553.>>  is amended 
by striking ``October 1, 2003'' and inserting ``March 15, 2004''. The 
amendment made by the preceding sentence shall take effect as if 
included in the enactment of the section to which it relates.

SEC. 3. COMPENSATION OF AGENTS.

    Section 5 of the Small Business Act (15 U.S.C. 634) is amended--
            (1) in subsection (g)(4), by adding at the end the 
        following:
                    ``(C) The Administration may contract with an agent 
                to carry out, on behalf of the Administration, the 
                assessment and collection of the annual fee established 
                under section 7(a)(23). The agent may receive, as 
                compensation for services, any interest earned on the 
                fee while in the control of the agent before the time at 
                which the agent is contractually required to remit the 
                fee to the Administration.''; and
            (2) in subsection (h)--
                    (A) by redesignating paragraph (2) as paragraph (3); 
                and
                    (B) by inserting after paragraph (1) the following:
            ``(2) The agent described in paragraph (1)(B) may be 
        compensated through any of the fees assessed under this section 
        and any interest earned on any funds collected by the agent 
        while such funds are in the control of the agent and before the 
        time at which the agent is contractually required to transfer

[[Page 118 STAT. 1132]]

        such funds to the Administration or to the holders of the trust 
        certificates, as appropriate.''.

    Approved September 24, 2004.

LEGISLATIVE HISTORY--H.R. 5008:
---------------------------------------------------------------------------

CONGRESSIONAL RECORD, Vol. 150 (2004):
            Sept. 13, considered and passed House.
            Sept. 14, considered and passed Senate.

                                  <all>