PUBLIC LAW 96-302—JULY 2, 1980
94 STAT. 833
Public Law 96-302 96th Congress An Act To provide authorizations for the Small Business Administration, and for other purposes.
July 2, 1980— [S. 2698]
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, Small Business Administration,
TITLE I-AUTHORIZATIONS AND MISCELLANEOUS AMENDMENTS
authorizations.
PART A—PROGRAM LEVELS AND AUTHORIZATIONS
SEC. 101. Section 20 of the Small Business Act is amended by adding at the end thereof the following new subsections: "(h) The following program levels are authorized for fiscal year 1981: "(1) For the programs authorized by section 7(a) of this Act, the Administration is authorized to make $300,000,000 in direct and immediate participation loans, and $4,000,000,000 in deferred participation loans. "(2) For the programs authorized by section 7(h) of this Act, the Administration is authorized to make $25,000,000 in direct and immediate participation loans and $12,000,000 in guaranteed loans. "(3) For the programs authorized by section 7(i) of this Act, the Administration is authorized to make $76,000,000 in direct and immediate participation loans and $90,000,000 in guaranteed loans. "(4) For the programs authorized by section 7(1) of this Act, the Administration is authorized to make $45,000,000 in direct and immediate participation loans and $33,000,000 in guaranteed loans. "(5) For the programs authorized by sections 501, 502, and 503 of the Small Business Investment Act of 1958, the Administration is authorized to make $55,000,000 in direct and immediate participation loans and $115,000,000 in guaranteed loans and guarantees of debentures. "(6) For the programs authorized by title III of the Small Business Investment Act of 1958, the Administration is authorized to make $42,000,000 in direct purchase of debentures and preferred securities, and to make $228,000,000 in guarantees of debentures. "(7) For the programs authorized in part B of title IV of the Small Business Investment Act of 1958, the Administration is authorized to enter into guarantees not to exceed $2,530,000,000. "(8) For the programs authorized by sections 7(b)(3) through 7(b)(9) and 7(g) of this Act, the Administration is authorized to enter into $110,000,000 in loans, guarantees, and other obligations or commitments.
15 USC 631 note,
15 USC 636, P^*' P- ^52.
15 USC 695, 696, ^^^' P- ^^'^•
15 USC 681.
15 USC 694a. 15 USC 636, P^^*' P- ^^^•
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