Pub. L. 104-208, div. D, tit. II, sec. 207

SENSE OF THE CONGRESS.

EnactedYear: 1996Length: 109 wordsOfficial source
SEC. 207. SENSE OF THE CONGRESS. (a) In General.— It is the sense of the Congress that the subsidy models prepared by the Office of Management and Budget relative to loan programs sponsored by the United States Small Business Administration have a tendency to— (1) overestimate potential risks of loss; and (2) overemphasize historical losses that may be anomalous and do not truly reflect the success of the programs as a whole. (b) Independent Study.— Consequently, the Congress mandates the independent study in section 103(h) in an attempt to improve the ability of the Office of Management and Budget to reflect more accurately the budgetary implications of such programs.