EXPANSION OF SMALL BUSINESS LOAN PROGRAM

SEC. 4301. EXPANSION OF SMALL BUSINESS LOAN PROGRAM Not later than 180 days after the date of the enactment of this Act, the President, acting with the assistance of the Committee and after consulting experts in government and the private sector, shall transmit to the Congress recommendations regarding ways that assistance provided pursuant to the business loan program under section 7(a) of the Small Business Act of 1958 may be used to respond to the consequences of defense budget reductions.