Pub. L. 102-366, tit. I, subtit. B, sec. 115

AUTHORIZATION OF APPROPRIATIONS.

EnactedYear: 1992Length: 151 wordsOfficial source
SEC. 115. AUTHORIZATION OF APPROPRIATIONS. (a) Authorization of Appropriations.—Section 20 of the Small Business Act (15 U.S.C. 631 note) is amended by adding at the end the following new subsection: “(k) Authorization of Appropriations.—To carry out the program established under section 7(m), there are authorized to be appropriated to the Small Business Administration— “(1) for fiscal year 1992— “(A) $45,000,000, to be used for the provision of loans; and “(B) $10,000,000, to be used for the provision of grants; “(2) for fiscal year 1993— “(A) $80,000,000, to be used for the provision of loans; and “(B) $25,000,000, to be used for the provision of grants; and “(3) for fiscal year 1994— “(A) $60,000,000, to be used for the provision of loans; and “(B) $35,000,000, to be used for the provision of grants.”. (b) Repeal of Existing Provision.—Section 609 of Public Law 102–140 (105 Stat. 831) is amended by striking subsection (1).