Page:United States Statutes at Large Volume 102 Part 3.djvu/1048

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PUBLIC LAW 100-000—MMMM. DD, 1988

102 STAT. 3000

PUBLIC LAW 100-590—NOV. 3, 1988


Section 7 of the Small Business Act (15 U.S.C. 636) is further amended by inserting prior to the semicolon at the end of subsection (b)(l)(A) the following: ": Arid provided further. That the Administration may increase the amount of the loan by up to an additional 20 per centum if it determines such increase to be necessary or appropriate in order to protect the damaged or destroyed property from possible future disasters by taking mitigating measures, including, but not limited to, construction of retaining walls and sea walk, grading and contouring land, relocating utilities and modifying structures". SEC. 122. UNSECURED DISASTER LOANS.

Section 7(c) of the Small Business Act (15 U.S.C. 636(c)) is further amended by striking from paragraph (6) "refinancing." and inserting in lieu thereof "refinancing: Provided further. That the Administration shall not require collateral for loans of $10,000 or less which are made under paragraph (1) of subsection (b).". SEC. 123. NATIONAL DIRECTORY OF SMALL BUSINESSES.


The Small Business Administration shall undertake a study to determine the feasibility and need for developing an expanded national directory of small businesses to effectuate fully the purposes of section 15(a) of the Small Business Act. The Agency shall examine existing resources such as the PASS system, the advocacy data base, and other resources to ascertain the costs and other requirements necessary to effectuate such a directory, including a concern's capability, standard industrial codes and Federal supply numbers identifying such capability, and other data deemed relevant. The Small Business Administration shall submit a report to the Small Business Committees of the Senate and the House of Representatives not later than June 1, 1989. This report shall include conclusions and recommendations and an estimate of the costs involved in implementing such a system. SEC. 124. WOMEN-OWNED BUSINESS.

Section 303 of Public Law 96-302 (15 U.S.C. 631b) is amended by adding the following new subsection: "(e) The information and data required to be reported pursuant to subsection (a) shall separately detail those portions of such information and data that are relevant to— "(1) small business concerns owned and controlled by socially and economically disadvantaged individuals as defined pursuant to section 8(d) of the Small Business Act; and "(2) small business concerns owned and controlled by women.". SEC. 125. ANALYSIS OF FINANCING SOURCES.

(a) STUDY.—Not later than June 1, 1989, or one hundred and eighty days after the effective date of this section (whichever is later), the Office of the Chief Counsel for Advocacy of the Small Business Administration (hereinafter referred to in this section as the "Office") shall conduct and complete a study to determine, with respect to the service sector of the economy—