Page:United States Statutes at Large Volume 102 Part 3.djvu/1043

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PUBLIC LAW 100-000—MMMM. DD, 1988

PUBLIC LAW 100-590—NOV. 3, 1988

102 STAT. 2995

commercial items and which has the potential to incur significant savings as the result of the placement of a breakout procurement center representative"; and (5) by adding the following new paragraph: "(7)(A) At such times as the Administrator deems appropriate, the breakout procurement center representative shall conduct familiarization sessions for contracting officers and other appropriate personnel of the procurement center to which such representative is assigned. Such sessions shall acquamt the participants with the provisions of this subsection and shall instruct them in methods designed to further the purposes of such subsection. "(B) The breakout procurement center representative shall pre- Reports. pare and personally deliver an annual briefing and report to the head of the procurement center to which such representative is assigned. Such briefing and report shall detail the past and planned activities of the representative and shall contain such recommendations for improvement in the operation of the center as may be appropriate. The head of such center shall personally receive such briefing and report and shall, within sixty calendar days after receipt, respond, in writing, to each reconunendation made by such representative.". SEC. 111. AMENDMENTS RELATING TO REVOLVING FUNDS.

(a) TBCEDncAL AMENDMENT.—Section 4(c) of the Small Business Act (15 U.S.C. 633(c)) is amended— (1) by striking from paragraph (1) "III" and inserting in lieu thereof "m, IV"; and (2) by striking from paragraph (2) "III" and inserting in lieu thereof "ffl, IV"; and (b) REPEALER.—Section 403 of the Small Business Investment Act of 1958 (15 U.S.C. 694) is hereby repealed. Any moneys remaining in 15 USC 694 note. the Lease Guarantee Fund on the date of enactment of this Act shall be transferred to the Small Business Administration's business loan and investment fund. (c) POLLUTION CONTROL GUARANTEED LOANS.—Section 7(a)(12) of

the Small Business Act (15 U.S.C. 636(a)(12)) is amended— (1) by inserting "(A)" after "(12)"; and (2) by adding at the end thereof the following new subparagraph: "(b) The Administration may provide deferred participation loans Environmental under this subsection to finance the planning, design, or installation protection. of pollution control facilities for the purposes set forth in section 404 of the Small Business Investment Act of 1958. Notwithstanding the limitation expressed in paragraph (3) of this subsection, a loan made under this paragraph may not result in a total amount outstanding and conmiitted to a borrower from the business loan and investment fund of more than $I,000,0(M).". (d) TECHNICAL AMENDMENTS TO SECTION 505.—(1) Section 505 of the Small Business Investment Act of 1958 is amended by striking 15 USC 697b. from subsection (a) "all of a" and by inserting in lieu thereof "aUora". (2) Such section is further amended by inserting the following title at the beginning of such section: